🕐20.10.10 - 17:27 Uhr

Millrock and Valdez Gold Drill 32.0 m of 3.8 g/t Gold and Extend Daniels Creek Z
one by 625 m at Bluff Gold Project, Alaska



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Millrock and Valdez Gold Drill 32.0 m of 3.8 g/t Gold and Extend Daniels Creek Zone by 625 m at Bluff Gold Project, Alaska

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VANCOUVER, BRITISH COLUMBIA--(Oct. 20, 2010) - Millrock Resources Inc. (TSX VENTURE:MRO) ("Millrock" or the "Company"), along with its partner Valdez Gold Inc. (TSX VENTURE:VAZ) ("Valdez Gold"), released today results of a drilling program at their Bluff gold project on the Seward Peninsula of western Alaska.

At Bluff, structurally controlled gold mineralization occurs within a 6.4 km long, arcuate band of schistose rocks near a contact with marble. Drilling by BHP Billiton Ltd. in the late 1980s identified three zones of mineralization. The Daniels Creek zone, which was known to contain interesting intercepts drilled by prior workers, was the main focus of this years efforts.

Fences of short (~130 m) holes were drilled by Millrock with funding provided by earn-in partner Valdez Gold.In total 2,800 m of reverse circulation drilling in 24 holes was completed.The Daniels Creek zone mineralization was confirmed, and extended in a westerly direction by 375 m and in an easterly direction by 250 m.The mineralized zone now has a known strike extent of 940 m.

The best intersection of the program was in hole BLF2021, which consisted of 32.0 m grading 3.8 g/t Au including a section grading 9.0 g/t Au over 12.2 m.This intersection appears to be from a previously undiscovered, parallel zone situated at a lower stratigraphic level than the known Daniels Creek zone. In addition, drill hole BLF2015 intersected 32 m at 1.93 g/t Au including 18.3 m at 3.03 m.Further drilling will be required to define the known zone and expand the newly discovered zone.The results of the program are listed in the table below.The intersections reported below are thought to be approximate true widths.However, since there is little geologic control on the intersection reported with BLF2021 the true width is not known.

Hole From (ft) To (ft) Width (ft) Width (m) Au (g/t) BLF2002 130 145 15 4.6 0.48 265 290 25 7.6 0.54 340 350 10 3.1 2.69 495 515 20 6.1 0.88 BLF2003 50 60 10 3.1 0.42 150 190 40 12.2 0.88 230 240 10 3.1 0.67 315 325 10 3.1 0.82 470 495 25 7.6 2.02 BLF2005 150 165 15 4.6 0.60 375 395 20 6.1 1.78 430 440 10 3.1 0.54 BLF2006 10 35 25 7.6 0.95 130 140 10 3.1 2.54 BLF2007 25 40 15 4.6 1.62 45 55 10 3.1 0.44 335 345 10 3.1 0.54 350 360 10 3.1 0.48 500 510 10 3.1 2.31 BLF2008 10 50 45 13.7 0.81 75 85 10 3.1 0.95 115 140 25 7.6 0.43 165 175 10 3.1 0.42 195 210 15 4.6 0.39 BLF2009 155 165 10 3.1 1.22 BLF2012 95 115 20 6.1 0.74 BLF2013 110 120 10 3.1 0.39 BLF2014 50 85 35 10.7 1.44 Including 50 60 10 3.0 4.32 BLF2015 30 45 15 4.6 1.95 165 270 105 32.0 1.93 Including 165 225 60 18.3 3.03 275 225 50 15.2 0.44 BLF2017 5 20 15 4.6 0.54 65 85 20 6.10 1.84 Including 65 75 10 3.1 3.30 495 505 10 3.1 0.38 515 525 10 3.1 4.08



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