Millrock Announces Progress at Stellar Gold – Copper Project, Alaska

VANCOUVER, BRITISH COLUMBIA, September 22nd, 2016 - Millrock Resources Inc. (TSX-V: MRO) ("Millrock") announces that induced polarization (“IP”) geophysical surveys are presently being conducted on its Stellar gold – copper project located near the Denali Highway in central Alaska. The work is being done by Vista Minerals (Alaska) Inc., a wholly-owned subsidiary of Vista Minerals Pty Ltd, a private Australian company (“Vista”). Vista and Millrock formed an option to joint venture agreement on the project in late 2015, as described in an earlier press release here. Millrock presently owns a 100% interest in the claims, subject to Vista’s right to earn up to an 80% interest by expending US$4 million on exploration and paying US$300,000 to Millrock over a four-year period. A production royalty would be payable to Altius Minerals Corporation. Vista is the exploration operator and reports that it is presently conducting IP surveys at the Jupiter copper occurrence and on the west flank of the high-grade Zackly gold – copper skarn deposit. Earlier this year Vista significantly expanded the original Millrock claim block by staking of claims, all of which are now subject to the option to joint venture agreement. The property now covers an area of 7,187 hectares.

Millrock President & CEO Gregory A. Beischer commented, “We are pleased to see this project advancing. The Zackly gold – copper prospect presents an excellent opportunity for Vista to establish a modern gold resource and expand upon it. The porphyry and intrusion-related gold targets, none of which have ever been drilled, are virgin country, ripe for a new discovery."

A variety of mineralization styles are present on the property. The lands are considered prospective for high-grade gold-copper skarn deposits, porphyry copper-gold deposits, or other types of copper deposits and intrusion-related gold deposits. Previously, through a comprehensive program of soil and rock sampling and airborne magnetic, electromagnetic and radiometric surveys, Millrock identified a number of target areas, each of which is briefly summarized below:

Zackly gold – copper skarn deposit: At Zackly, a historical “reserve” of 185,724 ounces of gold and 61.6 million pounds of copper contained in a deposit of 1,407,000 tons (1,128,500 tonnes) grading 0.132 ounces per ton (6.03 grams per tonne) gold and 2.19% copper has been reported by prior explorers (From Resource Associates of Alaska, 1987, 1987 Final Report: Exploration Results from Zackly Gold-Copper Skarn Prospect Alaska Range, Alaska Volume I, 141 p.).

NOTE: A qualified person has not done sufficient work to classify the historical estimate as current mineral resources and Millrock is not treating this historic estimate as current mineral resources or reserves. The Zackly resource estimate study by Resource Associates of Alaska utilized a modified polygonal method based on data from core drill holes, reverse circulation drill holes and surface trenches. Calculations were determined using a drill hole radius of influence of 200 feet and a 0.05 opt Au cutoff. This historic estimate constitutes the most recent reserve/resource study known to Millrock. The historical resource estimate is for historical purposes only. The historical resource estimates were prepared prior to the implementation of NI 43-101 and use terminology different from and current reporting standards, including the terms “indicated and inferred reserves” which incorrectly implies economic viability. The historical estimate is suspect based on poor recovery of the diamond core drilling and also the rotary drilling between 1981 and 1987 resulting in significant core loss within areas of mineralization, together with selective sampling, wide drill spacing between sections and the lack of a quality assurance / quality control assay protocol (Eden, K. A., 2011, Stellar Property, Valdez Creek Mining District, South-Central Alaska: NI 43-101 Technical Report, January 8, 2013, 113 p.). Dr. Eden, a qualified person as defined in NI 43-101, has done sufficient work to determine that it is not possible to use the historical estimates as current mineral resources or mineral reserves and Millrock is therefore not treating the historical estimates as current mineral resources or mineral reserves. He has determined that it will be necessary to re-drill the holes to upgrade or verify the historical estimate as current mineral resources, as described in Dr. Eden’s technical report which was filed on SEDAR (www. Sedar.com) on January 8, 2013.

Mars prospect: Located approximately 10 kilometers west of Zackly, this prospect consists of altered diorite intruding volcanic rocks with extensive gossan exposures that locally contain copper mineralization. Soil sample lines across altered zones consistently returned anomalous values, including 950 meters, averaging 763 ppm copper, and 1.2 kilometers averaging 462 ppm copper. Rock grab samples of altered bedrock and float were collected previously by Millrock from the prospect. Seven of those samples assayed over 1% copper with values up to 7.4% copper and up to 1.78 ppm gold. Vista indicates it plans to use IP to test for sulfide minerals along a fault structure that appears to extend from Zackly to the Mars prospect.

Jupiter prospect: At this prospect, Millrock previously identified a multi-element geochemical anomaly, which measures 1.7 kilometers by 2.3 kilometers, and is underlain by a corresponding magnetic high. The anomaly consists of 33 soil samples with copper results ranging between 246 ppm to 3850 ppm. They have an average copper value of 832 ppm. Gold values in these soil samples average 92 ppb and range from 5 ppb to 178 ppb. In addition to high copper and gold, the soils contain anomalous silver and cobalt. A grab sample of rock collected by Millrock in an area northwest of the main Jupiter prospect in 2013 returned an exceptionally high value of 23 percent copper, but no follow up work has yet been done. Vista plans to inspect the site of this sample during the current geophysical phase.

Gemini prospect: The Gemini target area is a newly discovered anomaly generated in the recent exploration program. It is a strong copper-in-soil anomaly centered on a chlorite (+skarn +potassic) alteration zone in andesite and basalt. The anomaly is defined by 12 samples over an area measuring 1.8 kilometers by 3.0 kilometers. Copper values range from 356 ppm to 1130 ppm and average 568 ppm copper. The core copper anomaly is accompanied by strongly anomalous lead, gold, and molybdenum, and is surrounded in a zoned halo of zinc, iron and manganese.

Moonwalk prospect: This is an intrusion-related gold prospect located in the north part of the property. The geology, alteration and mineralization is well exposed on the steep north side of a ridge. Moderately dipping sedimentary rocks are intruded by a granodiorite sill. Quartz veins are mapped over a broad zone of east-trending veining which appears to cut both intrusive and sedimentary rock. The vein zone projects over a kilometer in strike at surface. Rock and soil samples from Millrock’s work returned results consistently anomalous in gold, antimony, arsenic, bismuth and zinc. A total of nineteen soil samples, covering an area approximately 500 meters by 700 meters over the altered and veined granodiorite averaged 1.15 grams per tonne gold. Rock samples of mineralized vein material returned assays as high as 30.4 grams per tonne gold.

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

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

FOR FURTHER INFORMATION, PLEASE CONTACT
Melanee Henderson, Investor Relations
Phone: (604) 638-3164
Toll Free: (877) 217-8978
mhenderson@millrockresources.com

Millrock Resources Inc.
2300 – 1177 West Hastings St.
Vancouver, BC V6E 2K3
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 Grants Option On Stellar Copper - Gold Project, Alaska

VANCOUVER, BRITISH COLUMBIA, December 18, 2015 - Millrock Resources Inc. (TSX-V: MRO) ("Millrock") announces that it has signed an option to joint venture agreement with Vista Minerals (Alaska) Inc., a wholly-owned subsidiary of Vista Minerals Pty Ltd, a private Australia-based company (“Vista”).

Millrock President & CEO Gregory Beischer commented: “We are pleased to make this agreement and are looking forward to seeing this great exploration project advance. Vista appears to have a strong technical team and we wish them great success with future drilling programs.”

Under the terms of the agreement Vista can earn an 80% joint venture interest by making exploration expenditures of US$4.0 million and cash payments totaling US$300,000. Millrock will retain a Net Smelter Royalty on all metals of 1.0%. The claims are also subject to a royalty in favour of Altius Minerals. In the event that a joint venture partner is diluted below a 10% equity interest, such interest will convert to a 1.0% Net Smelter Royalty.

The Stellar project is located in central Alaska 13 km north of the Denali Highway and 68 km west of the town of Paxson, Alaska. The property, which Millrock acquired by staking in 2012, covers the Zackly copper-gold skarn deposit. Surrounding lands are considered prospective for porphyry copper-gold deposits, or other types of copper deposits and intrusion-related gold deposits. Millrock owns a 100% interest in the claims. Since acquiring the claims the company has done geochemical and geophysical surveys to develop drill targets.

The technical information within this document has been reviewed and approved by Gregory A. Beischer, President, CEO and a director of Millrock. 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 metallic mineral deposits in mineral-rich Alaska, British Columbia, southwest USA, and Mexico, 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 taken on by most exploration companies. Millrock currently has thirty-one active exploration projects: nine gold, copper and zinc properties in Alaska, three gold / polymetallic projects in British Columbia, a uranium project in New Mexico, and eighteen gold, silver and copper projects in Mexico. Funding for drilling at Millrock’s exploration projects primarily comes from its joint venture partners. Business partners of Millrock have included some of the leading names in the mining industry: First Quantum, Teck, Kinross, Vale, Inmet and Altius.

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

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

Millrock Resources Inc.
800 – 789 West Pender Street
Vancouver, BC V6C 1H2
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 Reports on Exploration Results and Right of First Refusal, Stellar Copper-Gold Project, Alaska

VANCOUVER, BRITISH COLUMBIA, November 11, 2013 - On August 6, 2013 Millrock Resources Inc. (TSXV:MRO) reported that it had granted a Right of First Refusal (ROFR) to a major mining company (“the Miner”).  In return for the ROFR the Miner agreed to fund a minimum of US$200,000 worth of exploration work. The exploration work was completed during August 2013 and consisted of 1) airborne magnetic, electromagnetic and radiometric surveys(~950 line km), 2) property-wide soil geochemical surveys on 500 m centers (792 samples), and 3) rock sampling (198 samples).  Additionally, 452 rock samples were collected at a majority of soil sample sites and a hand-held spectrometer was used to analyze the specimens, primarily for the presence of hydrothermal alteration minerals.  The surveys were designed to provide a property-scale data set with which to assess the property’s overall potential to host a large-scale copper-gold deposit.

Broad scale copper anomalies were identified by the soil geochemical survey and there is evidence for widespread hydrothermal activity.  Three areas of particular anomalism –Jupiter, Mars and Gemini – are evident.

The Jupiter target area lies along the northern margin of the same diorite stock that occurs adjacent to and possibly responsible for the formation of the Zackly copper-gold skarn deposit located two km to the southeast.  The area is underlain almost entirely by andesite and basalt commonly exhibiting albite and chlorite alteration.  The Jupiter multi-element geochemical anomaly measures 2.3 km by 1.7 km and occurs with a corresponding magnetic high.  The anomaly consists of 33 soil samples with copper results range between 246 ppm to 3850 ppm and have an average copper value of 832 ppm.  Gold values in these soil samples average 92 ppb and range from 5 ppb to 178 ppb.  In addition to high copper and gold the soils contain anomalous silver and cobalt.  The anomaly is lineated to the NNE and the WNW and seems to be formed along an offset structural intersection.

Additional sampling at the previously identified Mars prospect better defined the geochemical anomalous zone discovered in 2012.  The soil anomaly is based on 28 samples and measures approximately 1.4 km by 0.8 km.  The area is characterized by strong copper-in-soil values, along with anomalous molybdenum and gold, centered on a magnetic high. Copper values within the anomaly range from 258 ppm to 3510 ppm and averaging 977 ppm copper.  Gold values range from 38 ppb to 339 ppb and average 116 ppb.  The anomaly is underlain by locally altered andesite, basalt, gabbro and diorite in a structurally complex setting.  Rock grab samples of altered bedrock and float were collected from the prospect.  Seven of those samples assayed over 1% copper with values up 7.4% Cu and up to 1.78 ppm Au.

The Gemini target area is a newly discovered anomaly generated in the recent exploration program.  It is a strong copper-in-soil anomaly centered on a chlorite (+skarn +potassic) alteration zone in andesite and basalt.  The anomaly is defined by 12 samples over an area measuring 3.0 km by 1.8 km with copper values ranging from 356 ppm to 1130 ppm and averaging 568 ppm copper.

Despite the results, the Miner has elected not to exercise its ROFR.  The property remains available for earn-in agreements with other companies.  In addition to the target areas described above, the Zackly skarn remains a strong target for further exploration.  See press release issued September 19, 2012 for a description of this prospect.

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 metallic mineral 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 taken on by most exploration companies.  Millrock currently has nine active exploration projects, seven copper-gold properties in Alaska, and two porphyry copper prospects in Arizona. Funding for Millrock’s exploration projects primarily comes from its joint venture partners.  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 Grants Right of First Refusal to Major Mining Company Concerning Stellar Copper-Gold Project, Alaska

VANCOUVER, BRITISH COLUMBIA, August 6, 2013 - Millrock Resources Inc. (TSX-V: MRO) ("Millrock" or “the Company") announces that it has entered into a Letter Agreement with a major international mining company – one of the world’s leading copper producers - (“the Miner”) whereby the Company will grant a right of first refusal (“ROFR”) to the Miner to enter into an Option and Joint Venture Agreement concerning the Stellar Project, Alaska.  In consideration of the ROFR, the Miner will fund an initial exploration program estimated to cost US$200,000.  The program will consist of regional geochemical sampling, geological mapping and prospecting, which will be carried out in August 2013 by Millrock.  Subject to exercise of the ROFR by October 31, 2013, the Miner will have an option to earn up to an 80% joint venture interest in the property through a two-stage option agreement. The Stellar project is located in central Alaska 13 km north of the Denali Highway and 68 km west of the town of Paxson. The property, which Millrock acquired by staking in 2012, covers the Zackly copper-gold skarn deposit.  Surrounding lands are considered prospective for porphyry copper-gold deposits, or other types of copper deposits and intrusion-related gold deposits.  Millrock owns a 100% interest in the claims subject to a royalty payable to Altius Minerals Ltd.

The technical information within this document has been reviewed and approved by Gregory A. Beischer, President & CEO of Millrock.  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 metallic mineral 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 ten active exploration projects, seven gold-copper properties in Alaska, and three porphyry copper prospects in Arizona. Funding for Millrock’s exploration projects primarily comes from its joint venture partners.  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 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 Acquires Stellar Copper-Gold Project, Central Alaska

VANCOUVER, BRITISH COLUMBIA, September 19, 2012 - Millrock Resources Inc. (TSX-V: MRO) ("Millrock" or the "Company") announced today that it has generated a new copper-gold project named Stellar. The project is located in central Alaska 13 km north of the Denali Highway and 68 km west of the town of Paxson. The property, which was acquired by staking, covers the Zackly copper-gold skarn deposit and surrounding lands considered prospective for porphyry copper-gold deposits. At Zackly, a historical resource of 218,944 ounces of gold and 66.9 million pounds of copper contained in a deposit of 1,244,000 tons (1,128,500 tonnes) grading 0.176 ounces per ton (6.03 grams per tonne) gold and 2.69 % copper has been reported by prior explorers (UNC Teton Exploration and Drilling Inc., 1982). (Note: A qualified person has not done sufficient work to classify the historical estimate as current mineral resources. The issuer is not treating the historical estimate as current mineral resources). Philip St. George, Millrock Chief Exploration Officer stated:  “We feel that the skarn resource can be readily expanded.  The favourable limestone-diorite contact can be traced hundreds of meters along strike in both directions from the resource area, and with the exception of the “main skarn zone”, has had limited drilling.  Additionally, there are indications that the gold grade may be significantly under-reported.  Outside of the previously defined skarn zones, we feel the project has significant potential for the discovery of a large copper-gold porphyry system.  Our exploration crews have discovered porphyry mineralization at surface that has not been drill tested and Millrock soil sampling has extended anomalous zones substantially.”

The Zackly skarn was originally staked by Resource Associates of Alaska (RAA) in the 1970’s with the majority of exploration campaigns occurring between 1981 and 1994. The most extensive exploration programs were conducted as part of several joint ventures between RAA/Nerco and Teton Exploration Drilling, Boulder Gold, Phelps Dodge and Hemlo Gold/Noranda.  Historical diamond and reverse circulation drilling on the skarn prospect totals approximately 40,000 ft (12,192 m) in approximately 85 holes.  Known areas of skarn mineralization occur over a strike length in excess of three km with the known resource occurring within the “main skarn zone” which has a strike length of approximately one km. The majority of the historical drilling occurred in the “main skarn zone” with the remaining trend, which includes extensive covered areas, seeing only limited drilling.  In addition to drilling, the property has seen extensive geochemical, geophysical and geological surveys. All historical data, as well as sample pulps and core, were recently obtained by Millrock in a purchase agreement.  Presently the Company is digitizing the information and bringing drill hole logs and analytical data into its Geographic Information System.

Millrock began staking claims in the area in 2010, subsequently adding claims in early 2011 and finally in August of this year bringing the total project area to an approximate 30,500 hectares (see figure here). Since 2010, Millrock has collected 388 soil, 199 rock and 99 stream sediment samples throughout the project area resulting in the discovery of at least four new copper and/or gold prospects. Of particular note is the Mars prospect, located approximately 10 km west of Zackly. This prospect consists of altered diorite intruding volcanic rocks with extensive gossan exposures that locally contain copper mineralization. Soil sample lines across altered zones consistently returned anomalous values including 950 meters averaging 763 ppm copper and 1.2 kilometers averaging 462 ppm copper.

Millrock considers the Stellar Project a highly prospective property with excellent exploration potential for the discovery of significant porphyry copper/gold, skarn and intrusive-related gold mineralization. Millrock, which has 100% ownership of the project subject to a royalty to Altius Minerals, is currently seeking a joint venture partner for the project. Additional information on the Stellar Project, as well as all of Millrock’s available properties is available at the Millrock Resources website.

The technical information in this news release was reviewed by Gregory Beischer, Millrock's President and Chief Executive Officer, 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$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.”