Shares, Royalties, and Payments

Over the years, Millrock has generated numerous projects that it has optioned to quality partners to advance and explore. With each of the projects, Millrock retains a royalty interest and is entitled to milestone payments. Below is a high-level summary of these payments, royalties, and other assets.

Shares (as of Sept 1, 2022):

Resolution Minerals (ASX: RML): 23,100,000 shares (US$173,000)
ArcWest Exploration (TSXV:  AWX): 9,623,417 shares (US$(433,000)
Felix Gold (ASX: FXG): 9,957,157 shares (US$1,195,000) 

Royalties and Payments:

Alaska Range Project (Cu, Au)

Type: Porphyry, Skarn, Cu, Au, 1.0%
Buyable: Not buyable
Advanced Minimum Royalty: US$20K, increasing $5K per year to $50K cap, paying now (year 3 paid, next payment $35K).

Fortymile (Au)

Type: Intrusion-related, 0.5%
Buyable: Buyable to 0.25% for US$500K
Advanced Minimum Royalty: $1,000 per year until production, paying now

Fairbanks AOI (Au)

Type: Intrusion-related, Au, 1.0%
Buyable: Not buyable
Advanced Minimum Royalty: None

Ester Dome (Au)

Type: Intrusion-related Au, 1.5%
Buyable: Not buyable
Advanced Minimum Royalty: US$50K, increasing by $50K each year subject to cap, triggered by underlying Range Minerals option exercise.

Treasure Creek (Au)

Type: Intrusion-related, Au, 2.0%
Buyable: Not buyable
Advanced Minimum Royalty: US$50K, increasing by $50K each year subject to cap, triggered by underlying TCP option exercise.

Liberty Bell

Type: Intrusion-related, Au, Cu, 2.0%
Buyable: Not buyable
Advanced Minimum Royalty: US$50K, increasing by $50K each year subject to cap, triggered by underlying Boot Hill option exercise.