Millrock Resources Inc.

Millrock Resources Inc.

MLRKF
Millrock Resources Inc.US flagOther OTC
0.36
USD
+0.00
- -
9.70MMarket Cap
Millrock Resources Inc.
MLRKF
(Other OTC)

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Business
Millrock Resources Inc. (TSX-V: MRO, OTCQB: MLRKF), formerly operating under that name and now known as Alaska Energy Metals Corporation (TSX-V: AEMC, OTCQB: AKEMF) following a name change and share consolidation effective March 2023, is a project generator focused on the discovery, exploration, and development of high-value metallic mineral deposits including nickel, copper, cobalt, chromium, iron, platinum, palladium, gold, silver, and porphyry systems. The company generates exploration ideas through research, acquires mineral rights, and advances projects to drilling targets via early-stage work, deriving revenue from joint venture contracts, overhead recovery fees, and exploration services provided to partners. It holds interests in key properties such as the flagship Nikolai Nickel Project in central Alaska hosting the multi-billion-pound Eureka deposit and prospective Canwell targets; Quebec assets including the Angliers-Belleterre project covering 24,182 hectares and the recently optioned Bambino Nickel-Copper Property; and historic Alaska sites like 64North Gold, Chisna DragonSlayer, and Apex El Nido, with operations spanning Alaska, Mexico (primarily Sonora), British Columbia, and the southwestern United States. Founded in 1979 and headquartered in Vancouver, British Columbia, at 1055 West Hastings Street, the company targets mining firms and strategic partners seeking critical minerals essential for energy transition and defense applications, with a primary emphasis on Alaska's development-friendly infrastructure. Recent developments include a March 2025 NI 43-101 compliant Mineral Resource Estimate for Nikolai reporting 5.6 billion pounds of indicated nickel and 9.4 billion pounds inferred, alongside ongoing metallurgical testing expected in November 2025, an internal options study, and plans for a 2026 Preliminary Economic Assessment; securing Nikolai's coverage on the US Permitting Council's FAST-41 Transparency Dashboard in November 2025 to expedite federal reviews; a September 2025 Memorandum of Understanding with RecycLiCo US Mineral Recovery to explore hydrometallurgical refining of Nikolai concentrates; closing multiple financings totaling over $8 million in 2024 including flow-through units and a $1 million non-brokered private placement in late 2024 for drilling, metallurgical work, and working capital; securing an option on the Bambino Nickel-Copper Property and commencing Quebec exploration in September 2025; and amending its restricted share unit plan to issue options and units to insiders pending approvals.

Company News

APIChat
  • Alaska Energy Metals Announces Financing, Drill Program, Advisory Board Formation and Grant of Stock Options

  • Millrock Announces Definitive Assignment Agreement With Tocvan Ventures for El Picacho Gold Project, Sonora, Mexico

  • Millrock Enters Into Exploration Agreement Concerning Apex Gold Project, Southeast Alaska

  • Millrock Provides Exploration Update For Alaska Gold Projects

  • Millrock Provides Exploration Update For Alaska Gold Projects

  • Millrock Announces Agreement With Tocvan Ventures for El Picacho Project, Sonora, Mexico

  • Millrock Partner Resolution Minerals Reports Drilling Results at Sunrise Prospect, 64North Gold Project, Alaska

  • Millrock Provides Exploration Update on 64North Gold Project, Alaska

  • CORRECTING AND REPLACING -- Millrock Acquires Property Interests and Provides Exploration Update on Fairbanks, Alaska Gold Projects

  • Millrock Announces Closing of Bought Deal and Concurrent Non-Brokered Private Placements

  • Millrock Announces Upsizing of Bought Deal and Concurrent Non-Brokered Private Placement Financings

  • Millrock and Partner Felix Gold Expand Fairbanks Gold District Claim Footprint and Complete Airborne Geophysical Surveys at Treasure Creek Project, Alaska

  • Millrock Receives Cash and Share Payments; Resolution Minerals Earns 30% Interest in Millrock's 64North Gold Project, Alaska

  • Millrock Reports Assay Results From Drilling and Surface Rock Sampling at West Pogo and Eagle Blocks, 64North Project, Alaska

  • Millrock Forms Strategic Alliance With Felix Gold and Vends Three Projects, Fairbanks Gold District, Alaska