Part of the Stock Digest group of websites: Visit Tech Stock Digest  

Millrock Partner PolarX Expands Alaska Range Copper-Gold Project, Alaska

VANCOUVER, BC--(Marketwired - January 31, 2018) - Millrock Resources Inc. (TSX VENTURE: MRO) (OTCQX: MLRKF) ("Millrock") is pleased to announce that PolarX (ASX: PXX) ("PolarX") has issued a press release concerning the recent expansion of the Alaska Range copper-gold project in Alaska. PolarX has staked 34 additional claims to cover possible extensions of mineralized zones. The claim block now covers over 240 square kilometers.

Millrock presently owns 10.74% of the issued and outstanding shares of PolarX and is entitled to certain milestone and royalty payments on portions of the project. Millrock is operating exploration programs on behalf of PolarX.

Final assays from the 2017 drilling program and a resource estimate for the Zackly copper-gold deposit are expected to be released by PolarX soon.

About Millrock Resources Inc.
Millrock Resources Inc. is a premier project generator to the mining industry. 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. The company is active in Alaska, British Columbia, the southwest USA and Sonora State, Mexico. Funding for drilling at Millrock's exploration projects is primarily provided by its joint venture partners. Business partners of Millrock have included some of the leading names in the mining industry: Centerra Gold, First Quantum, Teck, Kinross, Vale, Inmet, Altius, and Riverside. Millrock is a major shareholder of junior explorers PolarX Limited. and Sojourn Exploration Inc.

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

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.

Subscribe to the RSD email list and get the latest resource stock activity directly to your inbox, for free.

MARKET SUMMARY

INDICES

Name Last Change
DOW 24461.70 100.00%
S&P 500 2753.17 0.75%
NASDAQ 7712.95 0.89%
TSX 16335.15 0.53%
TSX-V 755.33 0.00%

Resource Commodities

Name Last Change
Gold 1268.75 0.12%
Silver 16.38 0.31%
Copper 3.03 0.020
Platinum 868.02 1.00%
Oil 65.54 0.26%
Natural Gas 2.97 0.37%
Uranium 22.88 0.00%
Zinc 1.39 0.00%

@RSDigest ON TWITTER

Part of the Stock Digest family of websites
Small Cap Stock Digest