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Message: JV drilling results

JV drilling results

posted on Mar 29, 2008 06:57AM
Millrock Resources Inc.

TSX VENTURE: MRO
Mar 28, 2008 15:00 ET

Millrock Announces Results of Drilling at Inmachuk Project, Seward Peninsula, Alaska

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 28, 2008) - Millrock Resources Inc. (TSX VENTURE:MRO) has received analytical results from the drilling program the Company carried out in the latter part of 2007 at its Inmachuk project. The claims are on State of Alaska land, 177 km (110 miles) north-northeast of Nome and 120 km (75 miles) south of Kotzebue, Alaska. The Company has the option to earn a 60% interest in the property from Full Metal Minerals (TSX VENTURE:FMM).

Millrock drilled five holes totaling 644.1 meters to test the Hannum Zone. At this location, oxidized lead - zinc - silver mineralization had been discovered by previous workers. The company tested a strong lead - zinc - arsenic - antimony soil anomaly with a coincident geophysical conductor along strike and down dip from the known mineralization.

Mineralization was intersected in three of the five holes drilled, and consists of oxidized sulfides. The mineralization is approximately stratiform and stratabound, and occurs in carbonate schist, dipping shallowly northeast. The Company interprets the mineralization to be generally flat - lying pods of replacement style mineralization adjacent to a structure. The zones are generally narrow and low grade. The mineralized intervals are reported in the following table.



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Hole ID From (m) To (m) Length (m) Zn (%) Pb (%)
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1002IM 10.06 13.11 3.05 1.245 -
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Including 10.06 11.58 1.52 1.1 -
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Including 11.58 13.11 1.52 1.39 -
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1004IM 19.20 25.82 6.61 2.06 -
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Including 19.20 20.73 1.52 3.83 -
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Including 20.73 22.25 1.52 1.31 -
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Including 22.25 23.77 1.52 2.40 -
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Including 23.77 24.78 1.01 1.04 -
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Including 24.78 25.82 1.04 2.05 -
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1005IM 15.85 16.46 0.61 5.55 3.66
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21.03 21.95 0.91 4.56 -
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Based on the drilling by Millrock, the mineralized zone appears to thin significantly down dip in an easterly direction, and probably breaches surface beneath cover in a westerly direction. There is potential to extend the mineralized zone further along strike to the south. It is also possible that the sulfide zone could expand in thickness further down dip, especially if other mineralizing structures crosscut the favorable carbonate horizon. However, based on the results to date, it would appear that there is relatively low potential for discovery of a base metal deposit that would have sufficient grade and tonnage to warrant mine development. Millrock has elected not to renew its option on the property and has advised FMM of the same.

This press release has been prepared by Gregory Beischer, Certified Professional Geologist, President and CEO of Millrock Resources Inc. Mr. Beischer is a Qualified Person as defined by NI 43-101. Mr. Beischer approved the information contained in this release.

About Millrock Resources Inc.

Millrock Resources Inc. is a TSX Venture Exchange listed company focused on discovery of high value mineral deposits. To date, Millrock has acquired four promising projects in Alaska, and intends on making further key acquisitions.

ON BEHALF OF THE BOARD

Gregory Beischer, President & CEO

Some statements in this news release contain forward-looking information, including without limitation statements as to planned expenditures and exploration programs. 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.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

For more information, please contact

Millrock Resources Inc.
Patrick De Witt
Manager, Investor Relations
(604) 638-3164
(604) 688-9620 (FAX)
Website: www.millrockresources.com
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