Millrock Provides Exploration Update

VANCOUVER, BRITISH COLUMBIA, March 7, 2013 - Millrock Resources Inc. (TSX-V: MRO) ("Millrock" or “the Company") is pleased to provide an update on its exploration activities. By continuing to rigorously following the Project Generator – Joint Venture business model, Millrock Resources remained very active throughout 2012, despite prolonged market uncertainty. Millrock’s 2012 exploration expenditures exceeded US$9M, 95% of which was funded by partner companies through earn-in option agreements.  By the end of 2012, Millrock had recovered 87% of all funds spent on exploration since inception of the Company by utilizing the Project Generator model.  Through 2012, Millrock also reached a number of other milestones it set out to achieve, including:

• Completed drilling at five projects including Estelle, Council and Humble in Alaska and San Jose and Galiuro in Arizona.
• Added one Alaska-based project to its portfolio, bringing the total number of properties to nineteen.
• Formed option-to-joint venture agreements with Inmet Mining Corporation (TSX: IMN) ("Inmet"), on the Monsoon project in Arizona and Vale Exploration USA (“Vale”) on the AUDN project in Alaska.
• Formed a joint venture with Teck American Incorporated ("Teck"), a subsidiary of Teck Resources Limited on the Estelle project in Alaska.
• Closed a $2.2 million private placement and finished the year with approximately $3.8 million cash on hand.
• Exploration expenditures totaled $9 million in 2012 and exploration cash recoveries totaled $8.6 million.

While 2013 is shaping up to be a year of reduced budgets in comparison with 2012, Millrock anticipates that its exploration expenditures will be approximately $5M, with $3.8M coming from its partners.  Despite a reduced exploration budget, there will remain plenty of catalysts for share price increase.

The sustained depressed market for junior explorers throughout 2012 and thus far in 2013, has created an opportunity for Millrock.  The Company is acquiring projects at low cost and is positioning for the time when markets improve and more venture capital funding is available.  With depressed prices, Millrock plans to continue building a portfolio of projects that attract the attention of major to mid-tier mining companies and junior explorers.

The following is an update of current projects:

Arizona:

Monsoon Project, copper porphyry target, Safford District, southeast Arizona: Partnering with Inmet, Millrock has carried out water well sampling to develop the target area.  Regional water well geochemical anomalies can occur near, but not necessarily directly above, large porphyry copper deposits, as is the case at Safford.  At Monsoon, strongly anomalous values of copper and molybdenum with porphyry pathfinder elements led Millrock to acquire a large tract of mineral rights in 2011.  Water well geochemical anomalies with coincident ZTEM and mag anomalies have been the focus of a recently completed surface soil geochemical survey and geological mapping.  It is expected that unconsolidated Quaternary sediments and Tertiary rock cover will be thick.  The mapping program was therefore designed to understand current and historic groundwater movement directions in order to best interpret the geochemical results.  During the soil geochemical survey 496 samples were collected and analyzed for pH and subjected to an ionic leach analytical method.  The method is well-suited to detecting porphyry deposits buried beneath thick cover and has been proven with several case studies.

Three distinct anomalous target areas have been identified from the geochemical, geophysical and geological surveys conducted to date.  To further understand the subsurface, particularly depth to basement rocks, historic seismic survey data has been acquired.  It is presently being processed and reinterpreted and additional seismic geophysical surveys may be carried out.  Upon receipt of seismic data results and interpretation, and integration into the project database, three specific targets may be selected and recommended to funding partner Inmet.

Inmet has the option to earn up to a 70% interest in the project by expending US$4.5M on exploration and paying $400,000 to Millrock.  Presently Inmet is earning in to the project and is bearing the exploration costs.  Millrock is the exploration operator.

The Monsoon project is situated along a projected southeastward extension of the prolific Safford trend.  Near Safford, Freeport McMoran Copper & Gold (“Freeport”) is mining a series of porphyry copper deposits.  Millrock’s claims are situated approximately 60 km to the southeast of Safford, Arizona in Greenlee Country near the Arizona - New Mexico border.

San Jose - Dry Mountain Project, copper porphyry target, Safford District, southeast Arizona: A third phase of drilling was carried out on the San Jose – Dry Mountain project late in 2012 with the Company’s partner on the project, Inmet. The three holes, which totaled 3,471 m, were drilled to test magnetic targets that have coincident geochemically anomalous signatures.  All holes intersected the favourable host Laramide age rocks beneath younger Tertiary cover rocks.  However, the rocks intersected were only weakly altered and contained only local, weakly anomalous copper values in one hole. As part of this exploration phase additional geochemical sampling was carried out.  Given these results, focus will now shift to the Dry Mountain target area.

Millrock is pleased to announce that Inmet has advised the Company that it wishes to exercise its option to form a joint venture on the project.  Upon receipt by Millrock of the final option payment of US$350,000 and a formal letter confirming the option exercise, Inmet will vest with a 70% joint venture interest in the project.  The joint venture management committee has approved a fourth phase of drilling to test a strong molybdenum-copper geochemical anomaly with a coincident magnetic anomaly that may represent porphyry-style mineralized intrusive rocks.  For the first test in this area, a single hole will be used, and possibly drilled up to 1,600 m depth.  Drilling is scheduled to commence as soon as possible.

The San Jose – Dry Mountain project is positioned at the intersection of the exceptionally prolific Safford and Morenci porphyry trends. The Safford deposits, which are presently being actively developed and mined 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 and the Dry Mountain target is located upon an interpreted extension of the Morenci trend. Together, Safford and Morenci account for an enormous amount 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.  (Note:  While the San Jose – Dry Mountain and Monsoon claims are situated along the linear trend defined by the Safford deposits Millrock does not own any interest in the Freeport deposits at Safford, nor does it imply that it will be successful in discovering similar deposits on its properties).

Alaska:

Estelle Project, reduced intrusion-related gold target, southwest Alaska: On September 10, 2012 Millrock announced results from the 2012 drilling program at the Estelle gold property located northwest of Anchorage, Alaska. Exploration drilling was done at the RPM, Oxide and West Wing prospects, three of the nine prospects occurring within the Estelle project area. Nine core holes totalling 1,379 meters were drilled as part of the 2012 program with all nine intersecting gold and/or copper mineralization. The exploration work was managed by Millrock on behalf of Teck. Teck (65%) and Millrock (35%) are joint venture partners on the project.

Of particular note were the results obtained at the Oxide Prospect where hole SE12-004 cut an interval averaging 1.14 g/t gold over 41.45 m from 30.79 to 72.24 m. Gold mineralization has now been drilled over a 740-m strike length and the system appears open in all directions. The grade appears to increase to the southeast where induced polarization surveys suggest increasing sulfide content.  The joint venture partners have decided to focus on this prospect in 2013.  The management committee has approved a budget of US$280,000 for additional induced polarization (IP) geophysical surveying, geological mapping and sampling.  The goal of the work is to better define the strong IP response that was detected in 2011 and partially drilled with hole SE-12-004.

Also of note was the result obtained in 2012 at the RPM prospect.  Hole SE12-008 cut an interval averaging 2.07 g/t gold over 21.94 m from 82.30 to 104.24 m occurring within a 102.11 m interval averaging 1.04 g/t gold from 26.52 to 128.63 meters.  This hole constitutes a new discovery of gold mineralization on the Estelle project.  However, due to budgetary constraints, there are currently no plans to further advance the project this year.

Humble Project, copper-gold porphyry target, southwest Alaska:  Millrock, along with funding partner Kinross Gold Corporation (“Kinross”), drilled a series of four holes.  Porphyry style alteration was intersected. Kinross has since dropped its option on the project and it is now available for option with new funding partners.  The project has a similar geological setting as that at the Pebble deposit, located 120 km to the northeast of Pebble.

Council Project, sediment-hosted vein gold target, western Alaska: As previously reported, Millrock, with funding partner Kinross, drilled a series nine holes which resulted in the discovery of a new gold zone at the Elkhorn prospect where an intersection of 1.45 g/t over 14.02 m was obtained.  However, the Company reports that Kinross has dropped its option on the claims.  The project is available for option with new funding partners.

Stellar Project, copper-gold skarn and porphyry target, central Alaska: Millrock has continued to review and assess the historical data that it purchased from prior exploration operators.  A NI 43-101 report was written by an independent consultant to Millrock (Eden, K. A., 2013, Stellar Property, Valdez Creek Mining District, South-Central Alaska: NI 43-101 Technical Report, January 8, 2013, 113 p.) and filed onSEDAR. The report concluded that the historical estimate of copper and gold present within the Zackly Main Skarn is not reliable, and re-drilling will be necessary to confirm the mineralization.  The project has generated strong interest from several potential partners and Millrock plans to show the project to these prospective partners in early June of 2013.

Project Generation:

Millrock is acquiring new claim groups by staking and by making agreements with underlying mineral right holders, increasing its portfolio of projects available for partnership with other companies.  The Company plans to announce these new acquisitions in the coming months as land positions are secured.

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, Inmet 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 Provides Update of Exploration Activities and Results

VANCOUVER, BRITISH COLUMBIA, June 21, 2012 - Millrock Resources Inc. (TSX-V: MRO) ("Millrock" or the "Company") is pleased to provide an activity update for its exploration projects in Alaska and Arizona.  Keeping in line with its Project Generator – Joint Venture business model, Millrock has continued to generate numerous high-quality projects throughout the year, and secured substantial funding for exploration on new and existing projects.  The following are highlights since the Company’s last corporate update.

General:

In 2012, partner funded drilling has occurred on, or is planned for, six different projects; three in Alaska and three in Arizona.  Earlier-stage exploration work will be done on five other projects in anticipation of drilling in 2013.  Millrock continues to strictly and rigorously apply the Project Generator – Joint Venture business model upon which its business has been founded.  This year, Millrock’s exploration expenditures are on track to exceed US$11 million, with 90% of the funding being provided by partner companies that are earning-in through option agreements.  As the exploration operator for the projects generated, Millrock receives management fees, as well as option agreement payments during the earn-in phase.  These revenues offset a major portion of overhead expenses.  Despite the challenging economic conditions Millrock remains a very active explorer.

Strategic Alliances:

Altius Strategic Alliance (Alaska): Funding placed by Altius Minerals Corporation in 2009 and 2010 ( see press release dated June 29, 2010) has allowed Millrock to generate six projects, three of which have become subject to earn-in agreements with other companies. Approximately US$500,000 will be spent using strategic alliance funds in 2012 to generate more projects and advance other third-party partnerships.

Q4P Vale Strategic Alliance (Alaska – copper-gold porphyry targets): This project is budgeted at US$1 million for 2012 and is funded by a wholly owned subsidiary of Vale S. A. (“Vale”).  Reconnaissance geochemical exploration and airborne geophysical surveys are in progress and exploration crews are presently in the field.  The first “Designated Project” proposed to Vale from strategic alliance work was accepted and was recently announced as a stand-alone project called AUDN (see press release dated June 11, 2012). Surface surveys will be carried out in July and August under a separate budget of US$830,000.  The property is located approximately 100 km to the southeast of the Pebble deposit. At this location Millrock perceives similar geological features as are present at Pebble, a large porphyry copper-gold deposit being advanced by the Pebble Limited Partnership a company owned by Anglo American plc and Northern Dynasty Minerals Ltd.

Alaska Exploration

Estelle Project, Kahiltna District, Alaska (target:  large, intrusion-related gold deposit):  On April 2, 2012, a joint venture was formed with Teck American Inc. (“Teck”) with Teck holding 55% and Millrock holding 45% of the project (see press release dated April 2, 2012). A drilling program is set to commence during the first week of July with a budget set by the partners at US$1.8 million.  Seven holes totaling up to 1,500 m are planned.  Five of the planned holes will be drilled at the Oxide Ridge occurrence.  This drilling will follow up on hole SE-001 drilled in 2011, which intersected variably altered magmatic intrusive rock with quartz veins and stockworks containing gold mineralization over the entire length of the hole.  Most of the mineralization was found from depths of 31.8 m to 397.1 m and returned a weighted average of 0.4 g/t Au over 365.3 m.

Humble Project, Southwest Alaska (target:  porphyry copper-gold deposit):  Millrock recently completed a drilling program consisting of four holes.  Porphyry style alteration was intersected.  Millrock and partner Kinross Gold Corporation (“Kinross”) are contemplating a follow-up drilling program for later in 2012.

Council Project, Seward Peninsula, Alaska (target:  sediment-hosted or metamorphogenic gold deposit): Millrock plans to drill six shallow holes to test strong surface gold geochemical anomalies and gold-bearing veins discovered by prospecting crews at the Elkhorn prospect.  The project is budgeted at US$1 million and is expected to commence in mid-July.  Kinross is earning in to this project.

Arizona Exploration

Monsoon Project, Safford Trend, Southeast Arizona (target:  porphyry copper deposit): Inmet Mining Corporation  (“Inmet”) recently made an agreement with Millrock that will allow that company to earn up to a 70% interest (see press release dated May 24, 2012) . Surface geochemical and geological surveys are planned to follow up on a ZTEM-mag airborne survey already completed.  The project is budgeted at US$350,000.  Drilling may follow later in 2012 or early 2013.

San Jose and Dry Mountain projects, Safford Trend, Southeast Arizona (target:  copper porphyry): With funding from partner Inmet, Millrock plans to drill four rotary holes to test ZTEM – mag – geochemical – geological targets on the properties.  Conditions permitting, drilling operations will commence in July.

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$11 million in 2012.  Business partners of Millrock include some of the leading names in the mining industry:  Kinross, Teck, Vale, Inmet and Altius, as well as junior explorer 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

Some statements in this news release contain forward-looking information, including without limitation statements as the ability to confirm the presence of uranium deposits underlying the densely drilled areas of the property, the potential to expand resources by drilling, the forward-looking price of uranium, the potential for amenability to ISR mining, the ability to secure a funding partner for the project, the completion of the option to purchase some of the claims, and the ability to secure funding to carry out the planned exploration and development . 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.

"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 Plans Drilling for Two Alaska Projects, Humble Project, Southwest Alaska and Council Project, Seward Peninsula

VANCOUVER, BRITISH COLUMBIA, April 10, 2012 - Millrock Resources Inc. (MRO - TSX:V) ("Millrock" or the "Company") announced that it has confirmed programs and budgets with its funding partner for two drilling programs in Alaska in 2012. The first drilling program will be done at the Humble project in southwest Alaska, and the second will be done at the Council project on the Seward Peninsula in western Alaska.

The Humble project targets copper-gold porphyry deposits and is situated approximately 120 km to the southwest of the Pebble deposit in a similar geological setting. Five holes totaling 1,000 m are planned, and drilling is scheduled to begin in April 2012. The drilling targets conductive zones with coincident multi-element soil geochemical anomalies possibly indicative of a buried porphyry deposit.

The Council project targets sediment-hosted vein gold deposits. The planned program for this project consists of six holes totaling approximately 1,000 m, and drilling is scheduled to commence in July 2012. The drill holes will test a seven km long gold – arsenic soil anomaly that overlies a regional structural feature. At places the soil anomaly is up to 400 m in width.

Both exploration programs may be expanded if initial results are positive.

The two projects are the subject of option to joint venture agreements with Kinross Gold Corporation (KGC - NYSE) ("Kinross"), and both are presently still in the option phase. The work is funded by Kinross and carried out by Millrock. Under the terms of the agreements, Kinross may earn up to a 75% interest in the projects.

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 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$10 million in 2012. Business partners of Millrock include some of the leading names in the mining industry: Kinross, Teck, Vale, Inmet and Altius, as well as junior explorer 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

Some statements in this news release contain forward-looking information, including without limitation statements as the ability to confirm the presence of uranium deposits underlying the densely drilled areas of the property, the potential to expand resources by drilling, the forward-looking price of uranium, the potential for amenability to ISR mining, the ability to secure a funding partner for the project, the completion of the option to purchase some of the claims, and the ability to secure funding to carry out the planned exploration and development . 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.

"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 Provides Update of Exploration Activities and Results

VANCOUVER, BRITISH COLUMBIA, September 13, 2011 - Millrock Resources Inc. (TSX-V: MRO) ("Millrock" or the "Company") is pleased to provide an activity update for its exploration projects in Alaska and Arizona. The 2011 drilling programs have been, or are being executed on six different projects; this includes three projects in Alaska and three projects in Arizona. Surface work and prospecting continued at the Company's other projects in anticipation of drilling programs for 2012. Millrock's exploration expenditures for the year are on track to exceed $15 million, with 90% of the funding being provided by partner companies that are earning-in through option agreements. Keeping in line with its Project Generator business model, Millrock has continued to generate numerous high-quality projects throughout the year, and anticipates securing partners to fund exploration on these new projects. The following are highlights since the Company's last corporate update:

General:

Millrock continues to strictly and rigorously apply the Project Generator – Joint Venture business model upon which its business has been founded. As the exploration operator for most of the projects generated, Millrock receives management fees, as well as option agreement payments during the earn-in phase. These revenues largely offset overhead expenses. The Company currently has a strong balance sheet with adequate cash resources to continue its business operations for the foreseeable future.

Alaska

Uncle Sam Project, Tintina Gold Belt, Alaska (target - disseminated or vein-style intrusion-related gold deposit): Following on the winter auger drilling program, Millrock drilled nine holes, totaling 1,950 m at two main prospects, Lone Tree and Wolf. This work was completed in July, 2011. Exploration on Uncle Sam is being funded by Crescent Resource Corp. The Lone Tree drilling program targeted a 500 m by 250 m portion of a larger gold-in-soil anomaly measuring approximately 4,000 m by 1,000 m. Significant intersections from drilling at Lone Tree include 6.8 m of 1.01 g/ t gold and 33.8 m of 0.58 g/t gold. At the Wolf prospect, Millrock intersected 4.42 g/t gold over 11.4 m. The Wolf Prospect appears to be on strike with Sumitomo Metal Mining Co. Ltd.'s ("Sumitomo") recently discovered Naosi zone (Stone Boy Project) located approximately two km to the southeast. Drilling by Sumitomo at Naosi has returned intercepts up to 7.92 m averaging 7.8 grams per tonne gold and 19.7 grams per tonne silver (source Petroleum News, May 23, 2011). Millrock controls the mineral rights to most of the intervening land and, with its partner, is planning further drilling to test the Wolf – Naosi area.

Estelle Project, Kahiltna District, Alaska (target – large, intrusion-related gold deposit) Field geological and geochemical surveys were carried out starting on July 1, 2011. Drilling commenced several weeks later, behind schedule, and the program has just been completed. Teck American Inc. is earning in to the project by funding exploration. Four holes were drilled, totaling 1,500 m. At Oxide Ridge, an IP geophysical survey response located near gold mineralized outcrops, coincident with a large soil geochemical anomaly was explained by disseminated arsenopyrite and chalcopyrite in altered granodiorite. Sulfide mineralization was observed over the entire 450 m length of the hole with locally more intensely mineralized zones. Gold assay results from this hole are expected in a few weeks. At Shoeshine, highly altered granite and granodiorite rocks intruded by feldspar porphyritic dykes were intersected. The rocks contained arsenopyrite, chalcopyrite, pyrite and other sulfide phases over wide zones; assay results from this hole are also expected within a few weeks. The other two holes were drilled at the Shadow and Discovery prospects. The hole drilled at Shadow parallels and deepens a hole drilled previously by Cominco in the 1980s that intersected 3.01 g/t gold over 29.6 m and ended in mineralization at just 100 m depth. The analytical results for the Shadow and Discovery prospect drilling are expected to be available in approximately six weeks. Surface work has identified several previously unknown mineralized zones that may be the focus for drilling programs in the future.

Humble Project, Southwest Alaska (target – porphyry copper-gold deposit): The planned drilling program commenced in mid-August but has been problematic and has progressed poorly. Kinross Gold Corporation is funding exploration work to earn a majority interest in the project. Operations are continuing at this point but it remains to be seen whether any useful amount of drill core will be obtained. Surface geochemical sampling went very well and comprehensive coverage over the entire land package is completed.

Project Generation, Alaska: The Company invested approximately $1 million for regional project generation in 2011 and has staked seven new properties that it may soon offer to other companies for earn-in agreements. Work also continued on existing projects for which Millrock has not yet secured an earn-in partner. For these projects, such as Fortymile, a gold project situated at the Yukon border in a historic placer gold mining district, Millrock has developed numerous drill-ready targets.

Arizona

Galiuro Project, Arizona (copper porphyry): Drilling of at least one hole to test the Fourmile target is about to commence. Vale Exploration Canada is funding exploration on the project to earn an interest in the claim group. In the spring of 2011, drilling at the Galiuro prospect detected extensive zones of porphyry alteration and mineralization. Numerous drill targets remain. For the immediate future, drilling will focus on the Fourmile prospect.

San Jose and Dry Mountain projects, Arizona (copper porphyry): Drilling recently commenced in the northern part of the San Jose property where coincident magnetic and ZTEM anomalies were detected earlier in the year. Inmet Mining Corp. is funding work on this project to earn a majority interest. At least three holes totaling as much as 5,000 m are scheduled to be drilled in 2011.

Project Generation, Arizona: During summer 2011, Millrock acquired the Rainville property, located in southeastern Arizona near the New Mexico border. The property is on an extension of the prolific Safford porphyry copper deposit trend. Millrock anticipates making an agreement with an earn-in partner soon, and will shortly thereafter commence geophysical surveys.

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 Stakes the Humble Property, Southwest Alaska

VANCOUVER, BRITISH COLUMBIA, November 29, 2010 - Millrock Resources Inc. (MRO - TSX:V) ("Millrock" or the "Company") announces that it has staked a block of 266 claims (17,223 hectares) in the Togiak Terrane, southwest Alaska. The staked claims (the "Humble claim group") are located on state land approximately 80 km northeast of Dillingham, Alaska, covering multiple geophysical targets with coincident surface geochemical anomalies. Historical drilling and recent geophysical and geochemical surveys indicate the potential for copper-gold-molybdenum porphyry-style mineralization. Geological, geochemical and geophysical characteristics bear similarities to the Pebble deposit, a porphyry deposit that is reported to contain a measured and indicated resource of 5.94 billion tonnes grading 0.42% Cu, 0.35 g/t Au, 250 ppm Mo (containing 55 billion lb of copper and 66.9 million oz of gold and 3.3 billion lb molybdenum) and an inferred resource of 4.8 billion tonnes grading 0.24% Cu, 0.26 g/t Au, 215 ppm Mo (containing 25.6 billion lb of copper and 40.4 million oz of gold and 2.3 billion lb molybdenum) (source: www.northerndynastyminerals.com).

Project highlights include:

• Late Cretaceous aged magmatic complex of similar age to that which hosts the Pebble deposit
• Magnetite-rich pyroxenite rock overprinted by porphyry-style mineralization adjacent to the target area, similar to Pebble
• Circular to semi-circular conductive zones detected by airborne geophysical surveys surrounding magnetic anomalies (which at the Pebble deposit, represents the pyrite halo to the deposit)
• Zoned, multi-element, surface geochemical anomalies overlying geophysical targets commonly indicative of porphyry mineralization

A limited drill program is planned for 2011. Funding for the exploration is provided by a subsidiary of Kinross Gold Corporation (KGC - NYSE) ("Kinross").

A recently finalized agreement with Millrock gives Kinross the exclusive option to earn a 60% joint venture interest in an area of interest which includes the Humble claim group, in return for incurring cumulative US$4 million in exploration expenditures by December 31, 2013, making payments to Millrock totalling US$200,000 and reimbursing the 2010 state or federal claim maintenance fees paid by Millrock. Kinross may earn a further 15% interest in the Humble property by incurring an additional US$6 million in exploration expenditures by December 31, 2016. Millrock will manage exploration on the project. Kinross may elect to take over management of the project at any time. Notwithstanding Kinross’ earned interest, Kinross agrees to carry Millrock’s equity position and funding participation in the joint venture until Kinross provides Millrock with a NI43-101 compliant report stating a minimum of 2.0 million gold-equivalent ounce resource on the Humble property. Kinross shall recoup its carrying expenditures on behalf of Millrock from future proceeds to the joint venture.

A portion of the Humble property is subject to a 2% net smelter returns royalty ("NSR") on gold, and a 1% NSR on other metals production in favour of Altius Resources Inc., Millrock's partner in a strategic alliance of regional prospecting in Alaska which resulted in the staking of the Humble property.

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 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 financial risk and attendant shareholder dilution. Millrock currently has twelve active exploration projects, nine gold-copper properties in Alaska, and three porphyry copper prospects in Arizona. Its joint venture partners, underwriting approximately $7.5 million of exploration in 2010, include some of the leading names in the mining industry: Kinross, Teck, Vale, Inmet and Altius, as well as junior explorers Valdez 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

Some statements in this news release contain forward-looking information, including without limitation statements as the ability to confirm the presence of uranium deposits underlying the densely drilled areas of the property, the potential to expand resources by drilling, the forward-looking price of uranium, the potential for amenability to ISR mining, the ability to secure a funding partner for the project, the completion of the option to purchase some of the claims, and the ability to secure funding to carry out the planned exploration and development . 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.

"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.”