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 recognized as the premier generative explorer in Alaska, holds royalty interests in British Columbia, Canada and Sonora State, Mexico and is a significant shareholder of junior explorer ArcWest Exploration Inc. 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: EMX Royalty, Centerra Gold, First Quantum, Teck, Kinross, Vale, Inmet, Altius, Riverside and PolarX.

1. Winter 2020

2. Forward-Looking Statements
This presentation includes “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of
1995. All statement, other than statements of historical fact, included herein including, without limitation, statement regarding anticipated
completion of engineering studies, potential results of drilling and assays, timing of permitting, construction and production and other
milestones, and Millrock’s future operating or financial performance are forward-looking statements. Estimates of reserves and resources
area also forward-looking statements in that they involve estimates of the mineralization that would be encountered, based on
interpretation of drilling results and certain assumptions, if a deposit were developed and mined. Forward-looking statements involve
various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future
events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ
materially from Millrock’s expectations include financing in the debt and capital markets; uncertainties involved in the interpretation of
drilling results and geological tests and the estimation of reserves and resources; the need for cooperation of government agencies and
Native groups in the development of Millrock’s properties; the need to obtain permits and governmental approvals; risks of operations such
as accidents, equipment breakdowns, bad weather, non-compliance with environmental and permit requirements, unanticipated variation
in geological structures, ore grades or recovery rates; unexpected cost increases, fluctuations in metal prices and currency exchange rates,
and other risks and uncertainties disclosed in Millrock’s Annual Information Form for the current year, filed with the Canadian securities and
regulatory authorities, and in other Millrock reports and documents filed with applicable securities and regulatory authorities from time to
time. Millrock’s forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made. Millrock
assumes no obligation to update forward-looking statements of management beliefs, opinions, or other factors should they change.
Qualified Person
All technical information contained in this presentation was prepared, reviewed or approved by Gregory A. Beischer, President & CEO of
Millrock Resources Inc.
Mr. Beischer is a Qualified Person as defined in NI 43-101.
Legal Statements
2

3. • As investors, you should be aware that what is presented here contains forward-looking statements
about what the Company plans to do in the future.
• While we do our best, there is no guarantee that we will necessarily be able to accomplish the planned
programs or achieve the results we project.
• To date however, Millrock has established a reputation for delivering on its plans.
• Mr. Beischer is a Certified Professional Geologist with the American Institute of Professional
Geologists.

4. Management
Projects:
• Commodities
• Gold, copper, silver
• Jurisdictions
Alaska USA, Sonora Mexico
• Geologic Merit
Capital Structure
News Flow
Project Generator Business Model
Pure Exploration, Early Stage Discovery Specialists
Key Investment Highlights
Early stage exploration has the highest risk, but also the highest potential reward
4

5. • Millrock is a pure exploration company. Our objective is to find a giant ore body and sell our interest to
a major mining company, while at the same time greatly increasing shareholder value. We have formed
the foundation of a premier Project Generator company that will be a leader in our subsector and the
best in our jurisdictions.
• Here are the most important parameters that an investor should consider when investing in a junior
exploration and development company: competent management, focused on commodities with a bright
future in jurisdictions with country risk carefully weighed, and a tight share structure – Millrock scores
highly on all fronts.
• Millrock capitalizes on its knowledge and operational expertise in Alaska and Mexico. By creating
numerous exploration opportunities and making joint-venture agreements, we reduce exploration risk.
• Our goal is to discover a giant ore body and move it through to feasibility before selling our interest.
Therefore, we focus on geological terranes and deposit models where giants are possible. This
primarily means porphyries, intrusion-related gold deposits, high-grade vein gold deposits and
polymetallic volcanogenic deposits.
• Part of our approach is to create royalties on the exploration projects we develop. Millrock has built a
portfolio of exploration stage project royalties.

6. GREGORY BEISCHER
President, CEO, Director
PHIL ST. GEORGE
Chief Exploration Officer
KEITH GRANBERRY
Chief Financial Officer
Management & Directors
6
ROLAND BUTLER
Director, Geologist
LARRY COOPER
Director, Finance Executive
PETER CHILIBECK
Director, Attorney

7. • Management:
• Greg Beischer spent much of his career as a Mining Engineering Technologist and Geologist with
Inco, working from bases all over Canada, ending up as Exploration Manager in Alaska. After
leaving the company he went to work for an Alaska Native Corporation, helping them develop
their mineral, oil and gas resources. In so doing, Greg grew excellent trust relationships with the
Native companies that are paying off for Millrock now. Alaska Native Corporations make great
business partners. He has served in many leadership roles throughout Alaska, including Alaska
Miners Association President, BLM Advisory Board Chairman and Alaska Minerals Commission
member. He lives in Anchorage.
• Phil St. George discovered Alaska’s Pebble deposit 25 years ago as a mid-level geologist for
Cominco. The great work done subsequently by Northern Dynasty Mines has shown this to be
an enormous porphyry deposit containing billions of pounds of copper and over 100 million
ounces of gold. Phil was VP Exploration for Novagold in its early years and led the team that took
one of Alaska’s other giant gold deposits, Donlin Creek, from 2 million to 20 million ounces. Phil
is a recognized leader in the identification of economic copper +/- gold deposits.
• Keith Granberry serves as Chief Financial Officer. A graduate of Gonzaga University and has
experience in both public and private accounting.
• Millrock has also been able to attract strong Board of Directors that help guide the company and
ensures it focuses on executing the Project Generator model:
• Roland Butler – Co-founder of Altius Minerals, one of the most successful project generator
companies of all time. More recently, Mr. Butler was the CEO of Callinan Royalty Corp.
• Peter Chilibeck – Attorney previously with Falconbridge, Northern Telecom and IMAX.
• Larry Cooper – Finance executive previously with Wells Fargo bank and Northrim Bank, now
Chief Financial Officer of TDX, one of Alaska’s Native Corporations, in Anchorage, Alaska.

8. Cash Position: $0.4M cash
Share Price: ~$0.16
3-Month Volume: 125,000
Value of shares in other companies: $1.0M
Royalties on five exploration-stage projects – paying AMR
Management fees & option payments offset overhead
Capital Structure
Major Shareholders
Management 6%
Strategic Investors 15%
RedPlug Capital Group 20%
Sprott Global & clients 9%
EMX Royalties 9%
Sandstorm 4%
Kinross 2%
Teck 1%
8
Share Structure
Shares Outstanding 96.2M
Options 7.1M
Warrants 46.7M
Fully Diluted 150.1M
Market Cap $15M

9. • Because we earn income from option agreement payments and management fees, our net burn rate is
low. We always stretch our treasury as far as possible.
• The stock is tightly held by highly influential resource stock fund managers and individuals, and is
liquid.
• Millrock stock is also very highly leveraged, with over 70% of the stock being held in strong hands. With
any exploration success very strong share price increases should be realized.
• With a rising gold price, growing investor confidence, and coming news flow there is potential for
Millrock’s share price to increase dramatically.
• The warrants have a variety of prices ranging from $0.14 to $0.55. Exercise of the 17 cent warrants
would bring in ~$6.7 million.
• Millrock also has modest & sizable investments totaling $1.0M in other mining and exploration
companies including:
• ArcWest Exploration
• Riverside Resources
• Resolution Minerals

10. Business Partners
10

11. • This slide shows the various companies that have invested in our projects and our company.
• For the investor, selecting junior exploration companies in which to invest can be a daunting task.
Investors are bombarded by pitches from promoters and the prudent investor needs to perform careful
due diligence.
• In the case of Millrock, a significant amount of due diligence has been done for you by geologists and
mine finance experts at some of the biggest and savviest mining and royalty companies in the world.
These companies have invested millions to earn an interest in Millrock’s projects and some are major
shareholders of Millrock. These companies do not give out millions of dollars unless they see potential
for large, highly valuable metal deposits and competent management.

12. Leveraging Your Investment
85% Partner Funded
Since 2008, partners have funded 85% of all Millrock’s exploration.
Millrock
Funded
15%
12

13. • Millrock has a track record of consistently being able to attract partners to fund exploration on its
projects.
• Since 2008, Millrock has been able to expend over $45M on exploration, recovering 85% of all of its
exploration expenditures. That means for every $1 of shareholder’s money Millrock spends on
exploration, it receives ~$7 in exploration from its partners.
• Even in sustained downturns such as that which has been prevailing, Millrock has been able to attract
high-quality partners to fund exploration.

14. Juneau
Anchorage
Fairbanks
Nome
Millrock Properties
Projects: Alaska
APEX
64NORTH
14
LIBERTY BELL
ALASKA RANGE PROJECT CHISNA

15. • Millrock currently has four projects in Alaska.
• The red stars denote projects Millrock is currently holding, and the blue stars denote previously held
properties.
• Millrock also holds a royalty on the Alaska Range Project and an Advanced Minimum Royalty
payment provision which is currently paying.

16. Donlin Creek
Coffee
Nixon Fork
White Gold
Livengood
Klaza
Lone Star
Brewery Ck Dublin Gulch
Peak
12.5 Moz
1.3 Moz
45 Moz
1.54 Moz 4.5 Moz
1.24 Moz
4.09 Moz
1.2 Moz
0.2 Moz
~ 0.25 Moz
107 Moz
Pebble
Ft Knox
+13 Moz
Cleary Hill
+7 Moz
Goodpaster District
+10 Moz
Pogo
16
Goodpaster Gold District
Tintina Gold Province – Alaska-Yukon

17. • The Goodpaster Gold District is located in the Yukon Tanana Highlands of Eastern Interior Alaska. It is
within the Tintina Gold Province, a gold-endowed piece of crust bounded by the Tintina Fault to the
north and the Denali Fault to the south.
• Fort Knox, Donlin Creek, Coffee and the White Gold deposits, among others, are known highlights of
the Tintina Gold Province.
• The district is home to the high-grade Pogo Gold Mine mine is now owned by Northern Star
Resources. It was discovered by Teck and Sumitomo in 1994. Sumitomo sold to Northern Star in 2018.
• Millrock’s claims are traversed by the 80 km long Pogo Mine road.
• The nearest town is Delta Junction, a transportation hub where the Alaska-Canada (AlCan) Highway
meets the Richardson Highway.
• The Richardson Highway leads north to Fairbanks 120 km away.
• Fairbanks is Alaska’s second largest city and is a regional infrastructure and service hub.
• Daily jet service is available at the Fairbanks International Airport.
• The project is a six-hour drive north of Alaska’s main city of Anchorage.

18. Discovered in 1995, opened 2006
Northern Star Resources Ltd. recently
purchased from Sumitomo Metals Mining
for $260 million
8th largest gold mine in the US and one of
the highest-grade mines of scale in North
America
Produces 300,000 ounces Au annually
> 3.8 million ounces produced in 10+ years
operation
Average grade 13.6 g/t Au
> 6 million ounces reserve/resource
18
Pogo Mine Summary
Why is this relevant?

19. • Pogo is an excellent underground, high-grade gold mine.
• Recent discoveries should increase resources and reserves significantly.
• Millrock would do very well if it were to discover a deposit with this size of gold endowment.

20. • Low Angle Veins (Liese 1-3, East Deep)
• 5-20 m thick
• Hosted in regional shear zone –
compression with later extension for
more dilation
• Shear exploits mafic and graphitic rocks
within gneiss
• High Angle Veins (North Zone, X-Vein)
• 1-5m thick
• N-S/NE-SW oriented escape structures
for pluton fluids
• Free Milling Gold
• Low Sulfide Quartz Vein
~ 3% pyrite, arsenopyrite, pyrrhotite, Bi-Te-S
• Dolomite-sericite (dos) alteration halo
• Magmatic fluid source
Elevated gold/arsenic/bismuth anomaly
Gold-bearing quartz veins
Serpentinite, amphibolite
Graphitic schist
Pogo Mine Mineralization Model
20

21. • This cross-section view of the “Pogo Model” illustrates the salient features of the mesothermal gold
veins of the Goodpaster.
• A Mid-Cretaceous pluton produced metal-laden fluids which traveled up high-angle faults, which on the
Pogo property are north and northeast oriented.
• When the fluids reached the shallow-dipping regional shear, they traveled into the dilation zones and
moved laterally.
• The fluids cooled and depressurized, becoming supersaturated with respect to their dissolved metals,
precipitating quartz, gold, and iron – arsenic - bismuth sulfide minerals.
• At the Pogo Gold Mine, there is a series of stacked low-angle veins in the shear zone.
• The magmatic fluids also altered the host rocks such that they are now rich in sericite and dolomite.
• Low angle veins are generally blind to the surface, but at Pogo a low-angle vein was eroded at surface
on a dip slope, which resulted in a large geochemical anomaly and, ultimately, the discovery of the
deposits in 1995.
• High-angle feeder veins, which extend through the shear as fluid escape structures, can indicate
mineralization at depth.
• The high angle veins create linear geochemical anomalies of elevated gold, arsenic, and bismuth in
soils and outcrop.
• Drilling to the shear zone depth near high-angle gold-bearing structures can result in discoveries like
Pogo.
• Other styles of mineralization are possible.

22. 22
GP
HOG
ST
BD
CS
Northern Star
property
North
Pogo
West Pogo
East
Pogo
South
Pogo
Eagle
Shaw
LMS-X
Last
Chance
Divide
Area of Interest
Pogo
Mine
TR
AT
ER
64North Project
Millrock’s Claims & Prospects – 660 Sq. Kms

23. • Pogo is a great mine, and Millrock thinks there is strong potential to discover similar gold deposits on
its claims.
• There has really been only one surge of exploration effort since the discovery of Pogo in 1995.
• The level of prior exploration in the district is very low, and therefore, Millrock believes there is a strong
chance that other gold deposits that can be mined will be discovered.
• Millrock has staked a very large land position based on its knowledge of the district.
• Millrock properties in the Goodpaster consist of three claim blocks totaling 66,050 hectares (660
square km).
• The West Pogo and East Pogo claim blocks encircle the Northern Star claim block anchored by Pogo,
and cover prospects along the Pogo Trend of gold occurrences.
• The Shaw, Eagle, and LMS-X claim blocks cover the Shaw Creek Trend of gold occurrences.
• The North Pogo claim block, located on the north border of the Goodpaster Batholith, a mid-
Cretaceous composite granite to granodiorite mass, contains similar geologic and geophysical
characteristics to the Pogo area on the southern border of the Goodpaster Batholith.
• The Divide claim block is southeast of the East Pogo claim block and covers gold occurrences related
to granitic intrusions along the Black Mountain Trend.

24. Shaw
Creek Fault
Black M
tn Tectonic Zone
24
West Pogo
Focus
Area
GP
TR
HOG
ST
BD
CS
Pogo
MineAT
ER
Goodpaster District Exploration
Millrock Database

25. • Millrock owns a proprietary database of exploration information.
• The database represents ~$15 million in exploration expenditures from work done by AngloGold
Ashanti, Corvus Gold, GeoInformatics, Rimfire, and Kiska Metals from 1998-2012.
• The data consist of ~ 40,000 soil, rock and stream sediment samples, more than 11,000 meters of drill
core logs and assay results, and airborne Mag & EM geophysical surveys.
• The database gives Millrock a distinct competitive advantage in the district.
• Millrock intends to explore the entire district in a systematic fashion. Prospects will be identified, moved
to drill-readiness, and then the worthy targets drill tested.
• There is a strong correlation of elevated gold and pathfinder elements in soil and stream sediment
samples with high-angle faults and mid-Cretaceous granitic to grandioritic plutons and dike swarms.
• Already Millrock has a series of nearly drill-ready targets.
• The most compelling target so far is West Pogo.

26. “The best place to find a mine is in the shadow of a headframe.”
Photo looking east at the Pogo Gold Mine from Millrock’s West Pogo property
Shared claim boundary is 2 km from Northern Star’s new discovery.
West Pogo Gold Project
26

27. • In this photo Millrock’s Senior Project Geologist Chris Van Treeck stands on the Aurora target area on
Millrock’s property with Northern Star’s Pogo Gold Mine about 2.5 kilometers away in the background.
• West Pogo is the most advanced exploration focus area.
• The claim block adjoins the west side of the Northern Star’s Pogo Gold Mine property and is within
sight of the portal.
• The new Goodpaster Deposit discovery made by Northern Star northwest of the mine may trend right
on to Millrock’s West Pogo claim block. It is located in the valley on the left side of the picture.
• Topography is moderate. There is brush and black spruce on the hillsides and larger trees in the
valleys. Multiple forest fires have passed through the area in the past decades.

28. ER
TR
HOG
AT
GP
2.5 m @ 2 g/t0.5 m @ 63 g/t
1.5 m @ 5 g/t
6 Moz @ 9.6 g/t
CL
28
Shaw
HV
Millrock Claims (MRO)
Northern Star Claims (NST)
MRO
NST
MRO
NST
Hole ID
Est. True
Width (m)
Grade Au
(gpt)
Grade
thickness
(g*m)
19-072 0.3 3.9 1.17
" 0.2 9.2 1.84
19-073 1.1 23 25.3
" 1.5 3.3 4.95
19-085 0.9 15.7 14.13
" 0.3 8.5 2.55
" 0.5 3.6 1.8
" 1.4 19.3 27.02
19-086 0.2 4.7 0.94
" 1 3.6 3.6
" 0.3 24.9 7.47
" 0.3 12.8 3.84
19-087 0.3 4.9 1.47
" 0.2 588.7 117.74
" 2.7 6 16.2
" 0.6 6 3.6
" 4.5 21 94.5
19-091 0.5 5.2 2.6
" 1 11.4 11.4
Source: NST ASX Announcement 17-OCT-2019
(September 2019 Quarterly Activities Report)
West Pogo Claims
New Discovery at Pogo Trends on to Millrock Ground

29. • Millrock’s claims are shown in blue. The mine road traverses Millrock’s claims and we have permitted
access.
• The multiple, gently-dipping, stacked veins being mined at the Pogo have been projected to surface
and are shown as the black outlined orange-gold filled. Shaped. They strike to the southwest and dip
to the northwest. The trend of the deposits appears to be to the northwest. There is 10 million ounces
of gold endowment reported by Northern Star.
• The new Goodpaster deposit discovery (GP on the map) does not yet have a reported resource.,
however, some very high-grade drill intersections were reported by Northern Star. The intersections
reported occur over a 2.3 kilometer strike length (about the same strike extent as the Pogo Mine
deposits).
• The red circles indicate the position of drill setups completed recently by Northern Star. Results have
not yet been reported.
• The Goodpaster vein sets dip to the northwest and if it continues, will come on to Millrock’s claims.
• The Goodpaster vein sets strike southwest. If the deposit continues in this direction it will also come on
to Millrock’s claims.
• As indicated by the red circles, Northern Star is drilling very close to our claim boundaries.

30. ER
TR
HOG
AT
GP
2.5 m @ 2 g/t0.5 m @ 63 g/t
1.5 m @ 5 g/t
6 Moz @ 9.6 g/t
CL
30
Shaw
HV
Millrock Claims (MRO)
Northern Star Claims (NST)
MRO
NST
MRO
NST
West Pogo Claims
Northern Star has drilled right up to claim boundary

31. • Millrock has some very good indications that the Goodpaster deposit does indeed come onto our claim
in the strike direction.
• Millrock’s West Pogo claim block hosts four historic prospects developed by previous explorers, ER,
Alkalic Trench (AR), Tourmaline Ridge (TR), and Half-Ounce Gulch (HOG).
• Historic core drilling occurred on the ER, AT, and TR prospects. There are 20 historic holes on
Millrock’s property.
• Narrow, high-angle, gold-bearing quartz veins were intersected and likely represent feeder structures.
• The holes were not drilled deep enough to intersect the flat-lying shear zone or thicker, low-angle,
stacked veins like those being mined at Pogo, if they are present.

32. Diorite
Diorite
Diorite
U
D
U D
U
U
D
D
32
ER
TR
HOG
AT
GP
CL
Line3
Line6
HV
MRO
NST
MRO
NST
Millrock Claims (MRO)
Northern Star Claims (NST)
West Pogo Airborne Magnetics
CSAMT Detects Pogo Shear Zone

33. • This is the same map but with an airborne magnetic base.
• The stacked, flat-lying veins being mined at Pogo are outlined in white and the new Goodpaster
deposit discovery are outlined in white.
• Note that the ore bodies occur in magnetic lows (bluish) near circular to ellipsoidal magnetic highs
(magenta).
• The mag lows represent magnetite-destructive altered and gold-mineralized zones.
• The mag highs are later diorite intrusions that are thought to have intruded along the same feeder
structures that produced the gold mineralization, and increased gold grade.
• Northeast, northwest and north-trending faults are clearly evident on the magnetic image. More
prominent faults are highlighted in red.
• The northeast trending faults are left lateral with the northwest side moving up. This fault motion
fortuitously brings the stacked, flat-lying, northwest-dipping vein structures close to surface.
• Millrock has conducted a CSAMT geophysical survey to determine at what depth below surface we
might find the gently-dipping northwest shear zone that hosts Pogo and Goodpaster. We detected
conductive responses at the locations shown with red ellipses. These responses indicate the shear
zone. On Line 6, it’s just 150 meters below surface at the Aurora target.

34. Diorite
Diorite
Diorite
U
D
U D
U
U
D
D
34
ER
TR
HOG
AT
GP
CL
HV
Strike trace at depth
Strike 241/ Dip -35
Millrock Claims (MRO)
Northern Star Claims (NST)
MRO
NST
MRO
NST
Line3
Line6
West Pogo Airborne Magnetics
NE Faults Have NW Side Up Motion; NW Faults Important

35. • There is a strong surface geochemical response at the Aurora target that further adding to the merit of
the prospect. Each dot on the map represents a soil sample location. Yellow, red and magenta dots
indicate presence of gold in rocks beneath the soil. The Tourmaline Ridge prospect is directly along
strike from the Goodpaster deposit.
• The anomalous soil results also surround the elongate diorite, which is a very favourable sign.

36. Diorite
Diorite
Diorite
U
D
U D
U
U
D
D
36
ER
TR
HOG
AT
GP
CL
A
A’
B
B’
Millrock Claims (MRO)
Northern Star Claims (NST)
MRO
NST
MRO
NST
Line3
Line6
West Pogo Airborne Magnetics
NE Faults Have NW Side Up Motion; NW Faults Important

37. • The stacked, flat-lying veins being mined at Pogo are outlined in white.
• The white-outlined semi-circular shapes are the new Goodpaster (GP) and Central Lodes (CL)
discoveries made by Northern Star.
• Note that the ore bodies occur in magnetic lows (bluish) near circular to ellipsoidal magnetic highs
(magenta).
• The mag lows represent magnetite-destructive altered and gold-mineralized zones.
• The mag highs are later diorite intrusions that are thought to have increased gold grade.
• Northeast, northwest and north-trending faults are clearly evident on the magnetic image. More
prominent faults are highlighted in red.
• The northeast trending faults are left lateral with the northwest side moving up.
• This fault motion fortuitously brings the stacked, flat-lying, northwest-dipping vein structures close to
surface.

38. Half-Ounce Gulch-Aurora Creek
Resistivity Line 3 X-Sect E View with Section B-B’ Trace
Aurora Creek Conductor - Shallow-dipping conductor
at correct projected depth of Goodpaster Deposit
38
100 m elev
Steeply dipping conductor indicating fault
structure
Line 3 CSAMT Results
Looking East
Aurora
Creek
Line 6 CSAMT Results
Looking East
Aurora Creek pronounced shallow-dipping conductor
South of Aurora Creek, Coincident mag low
On strike from Goodpaster Deposit
Aurora
Creek
Shallow-dipping Conductor
Coincident mag low
Located northwest of Goodpaster deposit in down dip direction
Approximate maximum penetration
depth of prior drilling
West Pogo CSAMT Survey Results
Looking East. Line 3 Above. Line 6 Below.

39. • This cross section, shows CSAMT resistivity survey results in cross section view looking east. Line 3 is
on top, Line 6 on the bottom (Line 6 is the one closest to the Northern Star claim block.
• Near line 3, Millrock proposes to drill a series of holes to test for the thicker, flat-lying shear zone and
for mineralized gold-bearing quartz veins in the Aurora target area. The target is about 150 meters
below surface and no drilling has previously been done here.
• On line 6, it is estimated that the low-angle shear zone is about 120 meter deeper than the deepest
prior drilling at Half-ounce Gulch. This is exactly where we had anticipated that it would be on a
geological basis., about 500 meters below surface.

40. 64North Project Earn-in
Resolution Minerals Funding to Earn Interest
40
• US$20 million expenditure
to earn 60% over four years
• 38 million Resolution shares
• US$200K cash
• Year 1 US$5.0 million expenditure
• Millrock operates; 8% management fee
• Resolution can take one block to 70% by free
carrying all costs to BFS
• Resolution could take that one block to 80%
by loan carry to Commercial Production
• Remainder of property will remain a 60-40
JV
• US$1 million must be spent outside West
Pogo in each of Year 1 and 2
• Drilling planned for Q1 2020 at Aurora target

41. • Millrock was able to attract favourable agreement terms for this project.
• A discovery should result in strong benefit for Millrock shareholders.
• 2020 will see a budget of US$5 million to thoroughly test the West Pogo block, with first focus on the
compelling Aurora target.
• Other claim blocks will be advanced.
• Millrock will operate exploration in a collaborative effort with the Resolution Minerals team.

42. 42
Company Catalysts
Winter 2020:
Drilling at Goodpaster – West Pogo
Continued Gold Project Generation
New partnerships expected on on Batamote, Liberty Bell,
and Chisna (decision on Dragonslayer by FQM)

43. • Throughout 2015 to 2019, we made bold moves to position us for the future.
• The future is now. The gold bull market is here and Millrock is beginning to see the rewards from the
risks we have taken.
• Our goal is to have a drill turning on one project or another throughout the coming bull market.
• Each drill hole is an opportunity to make a new mineral deposit discovery that could make Millrock’s
share price increase significantly.
• We have a great chance of making a discovery at West Pogo and will do an initial test in the near term.

44. 44
Millrock Resources – MRO.V
Anchorage:
5631 Silverado Way
Building F, Suite 200
Anchorage, AK 99518
United States
Office: (907) 677-7479
Fax: (907) 677-3599
Vancouver:
Suite 2300 – 1177 W. Hastings St.
Vancouver, BC V6E 2K3
Office: (604) 638-3164
Fax: (907) 677-3599
TF: (877) 217-8978
www.millrockresources.com
info@millrockresources.com
Contact Information

46. List of Outstanding Warrants and Strike Prices
There are 39.7 warrants exercisable at 17 cents, worth $6.7 million.
Warrants Dollar Value
6,970,000 Wts @ $0.55 to Dec 15/20 $3,833,500
7,000,000 Wts @ $0.17 to Dec 7/20, $0.20 to Dec 7/21 $1,190,000
384,000 F.Wts @ $0.17 to Dec 7/20, $0.20 to Dec 7/21 $65,280
31,499,355 Wts @ $0.17 to Dec 14/20, $0.20 to Dec 14/21 $5,354,890
839,630 F.Wts @ $0.17 to Dec 14/20, $0.20 to Dec 14/21 $142,737