Millrock Reports Results of Seismic Geophsyical Survey and Drilling at Monsoon Project, Arizona

Millrock Resources Inc. (TSX VENTURE:MRO) ("Millrock" or "the Company") recently
completed a seismic geophysical survey and drilling of a single reverse
circulation borehole at its Monsoon copper project in southeast Arizona. The
survey results and the drill hole indicate that it is unlikely that a large
porphyry copper deposit exists within 500 m of surface. The project was the
subject of an option agreement with FQM (Akubra) Inc, formerly Inmet Mining
Corporation, a wholly owned subsidiary of First Quantum Minerals Ltd. ("FQML")
whereby FQML may have earned a 70% joint venture interest. FQML has advised
Millrock that it will withdraw from the option agreement. Millrock believes
there is potential for discovery of a porphyry copper deposit at greater depth
and intends to seek a new funding partner to further test the targets developed.


Prior to the recent exploration phase Millrock had carried out property-wide
biogeochemical sampling, soil sampling, water well sampling, and airborne ZTEM
and magnetic surveys. The work was designed to search for buried porphyry copper
deposits along the projected trend of the Safford copper deposits in
Laramide-aged rocks that host copper mineralization in the district.


Reprocessing and interpretation of historic seismic data had led Millrock to
believe that an upthrown structural block of Laramide-aged rock may be present,
and that copper mineralization may exist in the shallow subsurface. A modern 2D
seismic reflection survey was carried out to confirm the historic survey in an
area where Millrock had discovered polymetallic anomalies in various geochemical
surveys. Two lines totaling approximately 17 km were surveyed. Two possible
interpretations could be made from the seismic data. One interpretation
indicated the favourable Laramide contact was at an approximate depth of 500 m
below surface. Another interpretation indicated a depth of approximately 1,000
m.


A vertically-oriented 500 m reverse circulation hole was drilled as a
stratigraphic test and to determine the source of the geochemical anomaly.
Results of the drilling suggest that an upthrown structural block does exist in
the area tested. Tertiary volcanic rock was intersected at only 100 m below
surface; a much shallower level than in holes drilled by prior explorers
elsewhere on the property. However, the contact with the Laramide aged rocks
must lie deeper than 500 m; most likely at an approximate depth of 1,000 m.


The technical information within this document has been reviewed and approved by
Gregory A. Beischer, President & CEO of Millrock. Mr. Beischer is a Qualified
Person as defined in NI 43-101.


About Millrock Resources Inc.

Millrock Resources Inc. is a premier project generator to the mining industry.
In the search for world- class metallic mineral deposits in mineral-rich Alaska
and southwest USA, 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. Millrock currently has nine active exploration projects, seven
gold-copper properties in Alaska, and two porphyry copper prospects in Arizona.
Funding for Millrock's exploration projects primarily comes from its joint
venture partners. Business partners of Millrock include some of the leading
names in the mining industry: Teck and Altius.


ON BEHALF OF THE BOARD

Gregory Beischer, President & CEO

Some statements in this news release contain forward-looking information
including the statement that Millrock will seek a new funding partner for the
project. 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 success that Millrock
may have in finding a new funding partner and the ability to maintain the
property in good standing.


"NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM
IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY
FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE."


FOR FURTHER INFORMATION PLEASE CONTACT: 
Millrock Resources Inc.
Gregory A. Beischer
[phone] or Toll Free: [phone]
[phone] (FAX)
www.millrockresources.com