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Millrock Acquires Gold Exploration Projects In Fairbanks District and Reports Royalty Agreement, Alaska

Millrock Resources (TSX.V: MRO)

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Figure 02.  Location map showing the Treasure Creek claim block and surrounding Area of Interest (“AOI”), and the location of the Ester Dome claim block. (TCP = Treasure Creek Partnership. TAPS = TransAlaksa Pipeline.)

Millrock President & CEO commented: “We are pleased to secure these mineral lands near Fairbanks. There is known gold mineralization on both claim blocks and the geology is similar to that present at the nearby Fort Knox gold mine operated by Kinross. The abundance of placer gold mined at surface underscores the potential we see to discover a large intrusion-related gold deposit of similar scale to Fort Knox. High-grade vein deposits are also a possibility. A recent drill intersection by Freegold Ventures Limited at the nearby Golden Summit project has reinvigorated interest in this great gold mining camp. We will advance the two new projects with some surface exploration in the near term and look to bring in a partner as drill targets are firmed up.” 

Melanee Henderson
, Investor Relations
(604) 638-3164
(877) 217-8978 (toll-free)

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