dry mountain

Millrock and First Quantum Report on Drilling at the Dry Mountain Project, Safford Copper District, Arizona

VANCOUVER, BRITISH COLUMBIA, May 10, 2013 - Millrock Resources Inc. (TSX-V: MRO) ("Millrock" or “the Company") reports that a single drill hole has been completed at its Dry Mountain project in Arizona. The project is a joint venture between Millrock and First Quantum Minerals Ltd. (“First Quantum”, TSX Symbol “FM”, LSE Symbol “FQM”) following First Quantum’s recent acquisition of Inmet Mining Corporation.  The hole was completed to a depth of 1,165.9 m to test for a porphyry copper deposit buried beneath Quaternary alluvium and Tertiary cover rocks.  The favourable Laramide rocks were intersected at approximately 900 m below surface.  No copper mineralization was intersected and no evidence of hydrothermal alteration of significance was observed. The Dry Mountain project is located at the southwestern end of the Morenci porphyry copper trend. The trend is defined by structural features, and a series of magmatic intrusive complexes identified in bedrock and traced by geophysical methods under post-mineralization volcanic cover and alluvium. A copper + molybdenum biogeochemistry anomaly at Dry Mountain measures five kilometers by six kilometers.  The anomaly indicates the potential for a large buried porphyry copper deposit. The Dry Mountain geochemical anomaly is the southernmost in a string of significant anomalies that starts at the Safford deposits, large porphyry copper deposits that are being mined by Freeport-McMoRan Copper & Gold.  Gravity data defines a regional pre-mineral basement high. The recently completed drill hole pierced the rocks below the anomaly but did not explain it.  Therefore, Millrock interprets that the geochemical anomaly is derived from a remote bedrock source.  Millrock and First Quantum will evaluate the results in context of the prior exploration work accomplished and determine the next step forward.

The technical information within this document has been reviewed and approved by Gregory A. Beischer, President & CEO of Millrock Resources Inc. Mr. Beischer is a Qualified Person as defined in NI 43-101.

ABOUT MILLROCK RESOURCES INC.
Millrock Resources Inc. is a premier project generator to the mining industry. In the search for world-class gold and copper deposits in mineral rich Alaska and southwest USA, Millrock identifies, packages and operates large-scale projects for joint venture, thereby exposing its shareholders to the benefits of mineral discovery without the usual financial risk and attendant shareholder dilution taken on by most exploration companies. Millrock currently has eleven active exploration projects, seven gold-copper properties in Alaska, and four porphyry copper prospects in Arizona. With funding primarily coming from its joint venture partners, Millrock projects that it will carry out exploration programs with a total value of more than US$5M in 2013. Business partners of Millrock include some of the leading names in the mining industry: Teck, First Quantum and Altius.

FOR FURTHER INFORMATION, PLEASE CONTACT
Gregory A. Beischer, President & CEO
Phone: (604) 638-3164
Toll Free: (877) 217-8978

Millrock Resources Inc.
750 World Trade Centre - 999 Canada Place
Vancouver, BC  V6C 3E1
Canada

FORWARD LOOKING STATEMENTS
Some statements in this news release contain forward-looking information. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include without limitation the completion of planned expenditures, the ability to complete exploration programs on schedule and the success of exploration programs.

"NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE."

Millrock Announces Resumption of Drilling at San Jose Copper Porphyry Project, Arizona

VANCOUVER, BRITISH COLUMBIA, September 6, 2011 - Millrock Resources Inc. (TSX-V: MRO) ("Millrock" or the "Company") is pleased to report that it has started a second phase of drilling at its San Jose project in the Safford area of southeastern Arizona.  Inmet Mining Corporation (“Inmet”) is funding the drilling as part of an earn-in option agreement.  Millrock is operator. Three holes will be drilled in the northern part of the San Jose claim block to test coincident magnetic high ZTEM conductor anomalies.  Six geophysical anomalies were identified during a recent airborne survey and three have been selected for this drill program. Based on the survey results, Millrock staked an additional 289 claims, substantially increasing the property holding.  The holes have been pre-collared using a reverse circulation rig, and will be completed with a core rig.  Hole depths may be up to 1,700 m each.

The San Jose project is positioned right at the intersection of the prolific Safford and Morenci porphyry trends. The Safford deposits, presently being actively developed by Freeport McMoran Copper & Gold, form a linear northwest striking trend. The San Jose project is located approximately six km from the Sanchez deposit at the southeast end of the Safford trend. Morenci is located approximately 30 km to the northeast. Together, Safford and Morenci account for approximately 10 billion tons of past copper production and future reserves and resources. A porphyry cell located on Millrock's claims was discovered by drilling done by Noranda Inc. in the early 1990s. ZTEM geophysical conductive zones surrounding magnetic highs are the primary target of the current drilling program.  The geophysical signature appears very similar to that reported over the Safford deposits.

The agreement with Inmet includes the Dry Mountain claim block, which is located 20 km to the southeast of San Jose on the Morenci Trend; a geochemical anomaly measuring approximately 10 km in diameter is present. The multi-element anomaly is strong in copper and molybdenum. The anomaly appears to emanate from coincident ZTEM-Mag signatures.  The area is completely covered in overburden. Millrock recently completed additional biogeochemical sampling and is formulating drill plans.

The San Jose and Dry Mountain projects are the subject of an option agreement with Inmet. Under the terms of the Agreement Inmet has the opportunity to earn a 70% interest in the two claim blocks, San Jose and Dry Mountain, by making US$4.0 million in exploration expenditures and by making option payments of US$300,000.

Millrock's President & CEO Gregory A. Beischer is a Certified Professional Geologist and Mining Engineering Technologist and is a 'qualified person' for the purposes of National Instrument 43-101 Standards of Disclosure for Mineral Properties of the Canadian Securities Administrators.  Mr. Beischer prepared the information contained in this news release.

ABOUT MILLROCK RESOURCES INC. Millrock Resources Inc. is a premier project generator to the mining industry. In the search for world-class gold and copper deposits in mineral rich Alaska and Arizona, Millrock identifies, packages and operates large-scale projects for joint venture, thereby exposing its shareholders to the benefits of mineral discovery without the usual financial risk and attendant shareholder dilution taken on by most exploration companies.  Millrock currently has twelve active exploration projects, eight gold-copper properties in Alaska, and four porphyry copper prospects in Arizona. With funding primarily coming from its joint venture partners, Millrock plans to carry out exploration programs with a total value of more than US$15 million in 2011.  Business partners of Millrock include some of the leading names in the mining industry:  Kinross, Teck, Vale, Inmet and Altius, as well as junior explorers Ryan Gold, Brixton Metals and Crescent Resources.

ON BEHALF OF THE BOARD "Gregory Beischer” Gregory Beischer, President & CEO

FOR FURTHER INFORMATION PLEASE CONTACT: Gregory A. Beischer (604) 638-3164 Millrock Resources Inc. 750 World Trade Centre 999 Canada Place Vancouver, BC V6C 3E1

"NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.”

Millrock and Inmet Mining Corporation Sign Letter of Intent to Enter Into an Option to Joint Venture Agreement on San Jose and Dry Mountain Projects, Arizona

VANCOUVER, BRITISH COLUMBIA, January 8, 2010 - Millrock Resources Inc. (TSX-V: MRO)("Millrock" or "the Company") is pleased to announce that it has signed a letter of intent to enter into an Option to Joint Venture Agreement with Inmet Mining Corporation (IMN - TSX) concerning Millrock's San Jose and Dry Mountain claims south of the town of Safford and southwest of Morenci, Arizona, USA. The agreement will give Inmet the opportunity to earn a 70% interest in the two claim blocks by spending US$4.0 million in exploration expenditures and making option payments of US$300,000. The 2010 exploration expenditure commitment is US$500,000 and the initial payment is US$50,000. Millrock will be the exploration operator for the first year of exploration and thereafter at Inmet's option.

Millrock's Vice President of Exploration, Phil St. George, stated: "There is every indication of porphyry copper deposits under shallow cover beneath Millrock's claims. A modern geophysical approach and an aggressive drilling campaign will determine whether another large porphyry system exists."

Millrock's San Jose project occurs right at the intersection of the exceptionally prolific Safford and Morenci porphyry trends. The Safford deposits, now apparently becoming the flagship mines of Freeport McMoran Copper & Gold in the United States, form a linear northeast striking trend. The San Jose project is located approximately six km from the Sanchez deposit at the southwest end of the Safford trend. Morenci is located approximately 30 km to the northeast. Together, Safford and Morenci account for approximately 10 billion tons of past copper production and future reserves and resources. A porphyry cell located on Millrock's claims was discovered by drilling done by Noranda Inc. in the early 1990s. Geochemical, geophysical and geological vectors indicate that a large porphyry deposit may exist just to the northeast of the area previously drilled.

At the Dry Mountain claim block, which is located 20 km to the southeast of San Jose on the Morenci Trend, a geochemical anomaly measuring approximately 10 km in diameter is present. The multi-element anomaly is strong in copper and molybdenum. The area is completely covered in overburden, but depth to bedrock is thought to be less than 200 m. No drilling has previously been done.

In early 2010 Millrock and Inmet plan to carry out a ZTEM airborne survey with follow-up induced polarization at both claim blocks to refine drill targets for future drilling.

The property consists of federal mining claims managed by the US Bureau of Land Management, and State of Arizona Prospecting Permits. The land is the subject of a purchase agreement. Millrock owns the land 100% provided that it continues to make annual payments of US$20,000 and share issuances of 20,000 Millrock shares to the Tucson geologist Michael Schaefer. Mr. Schaefer will be entitled to a cash payment of US$2.0 million if a mine is put into production on the claims. Inmet will be responsible for the cash payments during the option period.

Completion of the transaction contemplated in this news release is subject to certain conditions including, without limitation, the signing of a definitive agreement and the receipt of all necessary regulatory and third party approvals.

The technical information in this news release was reviewed by Gregory Beischer, Millrock's President and CEO, a Qualified Person as defined in NI 43-101.

ABOUT MILLROCK RESOURCES INC.
Millrock is TSX Venture Exchange listed company intent upon the discovery of high value mineral deposits, with a focus on Alaska gold deposits and Arizona copper-gold porphyries. The Company follows a project generator - joint venture business model that capitalizes on Millrock's knowledge and ability in two outstanding mining jurisdictions. This model shares risk by partnering with other companies that invest capital to move exploration projects toward development and production. Millrock currently has five active exploration projects in Alaska, and three in Arizona. Four of the projects are the subject of joint venture agreements in which other companies are making exploration expenditures to earn an interest in Millrock's projects. Drilling is planned on at least four of the Company's projects in 2010.

FOR FURTHER INFORMATION, PLEASE CONTACT
Gregory A. Beischer, President & CEO
Phone: (604) 638-3164
Toll Free: (877) 217-8978

Millrock Resources Inc.
750 World Trade Centre - 999 Canada Place
Vancouver, BC  V6C 3E1
Canada

FORWARD LOOKING STATEMENTS
Some statements in this news release contain forward-looking information. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include without limitation the completion of planned expenditures, the ability to complete exploration programs on schedule and the success of exploration programs.

"NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE."