Millrock and Resolution to Begin Drilling on Aurora Target, West Pogo Block, 64North Gold Project, Alaska

Highlights:

• Camp and drill rig are presently being mobilized to the Aurora target, immediately to the west of the Pogo Mine, Alaska.
• The first drill phase is planned to begin in early March 2020 with a planned initial program of 2,000 meters in four holes.
• The drill holes will test area of low magnetic intensity and will pierce conductive zones thought to represent a regional, low-angle, northwest-dipping shear zone.
• The target shear zone is interpreted to be the same shear zone that hosts the gold deposits being mined by Northern Star Resources Limited (“Northern Star”) at the Pogo Mine.
• The shear zone to be drilled by Millrock is directly along strike from the new Goodpaster gold deposit that was recently reported by Northern Star.
• An overall US$5 million exploration program is planned for 2020; planning for summer 2020 exploration programs is underway.

VANCOUVER, British Columbia, March 02, 2020 (GLOBE NEWSWIRE) -- Millrock Resources Inc. (TSX-V: MRO, OTCQB: MLRKF) ("Millrock" or the “Company”) is pleased to provide an update on upcoming drilling at 64North.

Millrock President & CEO commented: “The proximity to a high-grade mine, and proximity to a new high-grade gold deposit discovery made by our neighbours just on the other side of our mutual claim boundary, along with strong geological, geochemical and geophysical anomalies, make the Aurora target highly compelling.”

64North Gold Project, Goodpaster Mining District, Alaska.
Initial drilling at the Aurora target on the West Pogo Block of the 64North Gold Project is scheduled to begin in early March 2020. The camp and drill rig are presently being mobilized to the Aurora target, located to the immediate west of the Pogo Gold Mine operated by Northern Star. Earn-in partner, Resolution Minerals Ltd., (“Resolution” ASX: RML) is funding the work.

Millrock and Resolution technical teams have collaborated to analyze data and choose the first targets. The initial drilling phase will consist of four holes totaling 2,000 meters and will test the Aurora target. The target area is located within sight and approximately 2.5 to 3.5 kilometers west of Northern Star’s Pogo Mine. Northern Star reports an endowment of approximately 10 million ounces of gold at Pogo. More recently Northern Star has reported discovery of the Goodpaster gold deposit northwest of the mine, even closer to the mutual Millrock – Northern Star claim boundary and the Aurora target. Millrock cautions that mineralization on the nearby Northern Star property is not necessarily indicative of gold mineralization hosted on the Company’s property.