Millrock Resources - Corporate Presentation - March 2014

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.

Qualified Person Statement

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.

Forward-Looking Statements

Capital Structure

Management

Projects:

• Commodities

• gold, copper, uranium

• Jurisdictions - Alaska, Southwest USA

• Geologic Merit – porphyries

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

Discovery success creates tremendous increases in share value

Few discoveries are made – risk is high

PGM increases exposure to discovery and mitigates risk by:

Developing multiple projects

Forming multiple joint ventures

Highest risk money is the first round of drilling is funded by JV partners

Millrock shareholder’s money is used for project generation

“Minimize risk but keep shareholders exposed to the

rewards of discovery.”

Risk vs. Reward

Project Generator Model

Business Partners

2009 2010 2011 2012 $-

$2,000,000

$4,000,000

$6,000,000

$8,000,000

$10,000,000

$12,000,000

$14,000,000

$16,000,000

Cashed Recovered From Partners Exploration Expenditure

Since adopting the Project Generator Model in 2009, Millrock has recovered all or a significant portion of yearly exploration

expenditures.Since inception, Millrock has recovered 87% of all expenditures.

62.1%

110.8%

101.9%

94.9%

Net Exploration Cash-flow

33%

10%

28%

28%

Projected Total 2013 Exploration Budget: $3.0 Million

Acquisition

Retention

2013 Exploration Expenditures

10.0% 10.0%

56.0%

$15.3MIn exploration

$9.5MIn exploration

$3.0MIn exploration

90%Partner Funded

90%Partner Funded

44%PartnerFunded

2011 2012 2013

Percentage of partner fundingPercentage of partner funding

Exploration Expenditure

2010 2011 2012 2013 $-

$2,000,000

$4,000,000

$6,000,000

$8,000,000

$10,000,000

$12,000,000

$14,000,000

$16,000,000

AltiusRyanBrixtonCrescentKinrossValeFQMLTeckMillrock

Exploration Expenditure

$1.5M cash on hand

Mgmt. fees & option payments offset

overhead

Share Price (March 2014) ~$0.08

3-Month Average Volume: 40,410

52 week Hi $0.22, Lo $0.06

Major Shareholders

Management10%Altius20%Kinross 6%Teck 3%Strong Hands25%

Share Structure

Shares Outstanding86.7M

Options 5.5MWarrants 19.2MFully Diluted

111.5M Market Cap

$7.0M

Capital Structure

GREGORY BEISCHER

President & CEODirector

SARAH WHICKERChief OperatingOfficer

PHIL ST. GEORGEChief ExplorationOfficer

KEITH GRANBERRY

Chief FinancialOfficer

Management Team

DARRYL CARDEY

Finance Executive

ROLAND BUTLERGeologist

DR. CHARLES HAWLEY

Geologist

LARRY COOPERFinance Executive

PETER CHILIBECKAttorney

DAVID VOLKERTGeologist

Board of Directors

Juneau

Anchorage

Fairbanks

Nome

ESTELLE

CRISTO

STELLAR

FORTY MILE

Millrock Properties

Highways

HUMBLE

AUDN

AK PENINSULA

Projects - Alaska

Alaska: Heaven for Geologists

Ivanoff Bay

Perryville

Chigniks

Sand Point

Alaska Peninsula Summary

Main Occurrences of Interest:• Bee Creek• Kawisgag• Mallard Duck

• Marshinlak

Kawisgag

Bee Creek

Mallard Duck Bay

Pyramid

Marshinlak

Alaska Peninsula Summary

• Potassic alteration zone centered on quartz diorite porphyry unit

• Multi-phase quartz diorite stock (~ 21 Ma) intrudes mafic volcanic rocks

• Disseminated and vein-hosted pyrite, chalcopyrite, molybdenite

• Abundant magnetite in potassic alteration zone

Historic work on property:• Recon surface sampling• Regional scale mapping• IP survey (1 line)• Ground magnetic survey (1 line)

Prospect Highlights:

• Evidence for large hydrothermal system

• > 15 sq. km. of alteration from field observations and ASTER imagery

Mallard Duck Bay Prospect

• Zoned potassic, sericitic and propylitic alteration in surface exposures

• Multi-phase diorite stock (~ 3.6 Ma) intrudes hornfelsed sediments (Jurassic Naknek Fm)

• “A” (biot-qtz-py-cp) and “B” (qtz-mo-py) style veinlets and disseminated sulfides

• Geochemical anomalies in Cu, Mo, Au

Historic work on property:• Recon surface sampling• Regional and property scale mapping• IP survey (3 lines)• Detailed ground magnetic survey• Drilling (9 holes)

Prospect Highlights:

• Broad geochemical anomaly in Cu in soil

• IP anomaly in valley remains untested

Bee Creek Prospect

Hole IDInt. (m)

Au ppm

Cu ppm

Mo ppm

Comments

BC06-08 34.0 0.085 2584 41 Hfls + less Qz Diorite

BC06-09 118.0 0.126 3098 86Hfls + less Qz Diorite and Andesite

BC06-09 76.0 0.166 4002 93Centered on 2 faults, small And dike

BC06-09 40.0 0.212 5106 81 Hfls, centered on 2 faults

BC06-09 20.0 0.255 6607 76Second. Cu, centered on upper fault

• Bear Creek Mining (1976) – 5 holes• BC76-02 – 500’ avg – 0.25% Cu, 113 ppm Mo,

0.062 ppm Au

• Full Metal Minerals/Metallica (2006) – 4 holes• BC06-06 and BC06-07 – no sample recovery due

to poor drilling conditions

A-veinlet stockwork cutting intensely biotized hornfels in hole B-2

A-veinlets (quartz-K-feldspar-pyrite) stockwork is cut and offset by cm-thick quartz-MoS “B” veinlet

Bee Creek Prospect: Drilling

• Zoned potassic, sericitic and propylitic alteration in surface exposures

• Multi-phase quartz diorite intrusive stock intrudes (~ 7 Ma) hornfelsed sediments (Eocene Tolstoi Fm)

• “A” (biot-qtz-py-cp) and “B” (qtz-mo-py) style veinlets and disseminated sulfides

• Broad geochemical anomalies in Cu, Mo, Au

Historic work on property:• Recon surface sampling• Regional and property scale mapping• Recon ground magnetic survey

Prospect Highlights:

• Three zones of potassic alteration in two cirque valleys

• Ready for drill testing

Kawisgag Prospect

Quartz diorite

Potassic alteration zones

D

B

A

C

Kawisgag Prospect: Geoogy

Done so far: Complete compilation of all existing dataIdentify data gaps – layout multi-year programSystematic property-wide exploration approach - Partner

Next steps:Mallard Duck Bay• Surface sampling• Mapping• Drill testing

Kawisgag• Magnetics• Surface sampling• Mapping in southern cirque• Drill testing

Bee Creek• Mapping• Surface sampling• Drill testing

Next Steps

Mars Prospect- possible Cu-Au porphyry system

K-M Mine- Minor past production reported

Titan Prospect- Cu anomaly in volcanics

North Moonwalk Prospect- Granodiorite: 30.4 g/t Au rock

Zackly Cu–Au Skarn- Historic copper-gold

estimate – see notes

South Moonwalk Prospect- Soils average: 885 ppm Cu

Pluto Prospect- Au anomaly near receding glaciers

Stellar: Deposits & Showings

KM Mine

Moonwalk

Venus

TitanGemini

Mars

Jupiter

Zackly

Stellar: Soil Geochemistry

HydrothermalSystems

KM Mine

Moonwalk

Venus

TitanGemini

Mars

Jupiter

Zackly

Stellar

KM Mine

Moonwalk

Venus

TitanGemini

Mars

Jupiter

Zackly

Stellar

Main Skarn

2 km x 0.8 km area with average of914 ppm Cu in soils.

E

Stellar: Coppers in Soil

KM Mine

Moonwalk

Venus

TitanGemini

Mars

Jupiter

Zackly

Stellar

Gossanous gully 1.2 km long sampled:• Average 462 ppm Cu in soils

Center of magnetic anomaly:• Shreddy biotite altered diorite? covered with glassy limonite and cpy veins (porphyry?)• 0.51% Cu and 0.21 g/t Au

Copper stained ridge 950 m long:• Average 763 ppm Cu in soils

7.40% Cu in float rock

Mars Prospect: Porphyry

KM Mine

Moonwalk

Venus

TitanGemini

Mars

Jupiter

Zackly

Stellar

Juneau

Anchorage

Fairbanks

Nome

ESTELLECRISTO

STELLAR

FORTY MILE

Millrock Properties

Highways

HUMBLE

AUDN

PENINSULA

Projects: Alaska

Oxide Prospect

RPM Prospect

Kahiltna & Estelle: Claims

Oxide Ridge

>750 ppb Au in soils

300 m

1 g/t Au over 22.9 m bedrock

Estelle: Oxide Prospect

2.5 kmOXIDE NORTH OXIDE RIDGE

Discovery hole387 m @ 0.43 g/t gold

SE12-00441.5 m @1.1 g/t

Strong IP

Oxide: 2012 Drilling

SE12-00441.5 m @1.1 g/t

SE12-001387 m @ 0.4 g/t

Oxide: 2013 IP

1.14 g/t Au over 41.45 m

Oxide: Drill Hole SE12-044

Kahiltna & Estelle: Claims

1.02 g/t Au over 102.11 m

RPM Prospect: 2012 Drilling

2.07 g/t Au over 21.94 m

1.02 g/t Au over 102.11 m

RPM Prospect: 2012 Drilling

GALIURO

SAN JOSEDRY MOUNTAIN

MONSOON

Projects: Arizona

San Jose

Lone Star

Dos PobresSan Juan

Dry MountainMorenci

Trend

Saff

ord

Trend

Sanchez

Sol

Morenci

San Jose

Millrock Property

Porphyry deposit

Monsoon

Projects: Arizona

Projects: Monsoon

Projects: Monsoon

Map of New Mexico

New Mexico: Catron Property

Ox Zone

Catron: Claims & Deposits

Gulf Minerals discovered deposit and drilled the resources in 1970’s

Shallow sandstone hosted uranium/vanadium deposits

5:1 ratio – V:U3O8

Resource size not known

Potential In-Situ Recovery (ISR)

Catron: New Mexico

Winter 2013: Agreement on AK PeninsulaAgreement on Catron, NM?Drilling on CatronAgreement on Stellar

Summer 2014: Exploration and drilling at AK Peninsula

Exploration and drilling at Stellar

Catalysts

Price / Development stage

Market change (?)

News flow – Drilling

Projects with strong chance of success

Gold, Copper, Uranium

Why Invest Now?

Brien Lundin – Gold Newsletter (6/28/2012)"Millrock continues to strike quality joint venture deals to explore its large stable of projects in Alaska and Arizona. . .this prospect generator consistently attracts quality joint venture partners like Inmet Mining Corp. and Vale Mining, and that fact alone speaks volumes about Millrock Resources' ability to find and fund projects of merit in its core exploration areas.”

Trader Tracks – Roger Wiegand (5/1/2011)“Capitalizing on its Project Generator Model, Millrock has tremendous potential to create substantial shareholder value through the discovery of world-class deposits.”

Coverage

Jay Taylor (5/11/2012)"The company has some very large companies as joint venture partners, which I always like to see, because the big guys are looking for major deposits; major deposits make small market cap companies' share prices fly off the charts.”

Shane Lasley – North of 60 Mining (6/24/2012)“The project-generator model is allowing the company to capitalize on its exploration expertise and first-hand geological knowledge of Alaska and southeastern Arizona. . .and Millrock's skillful execution of the project generator model allows it cover the larger portion of its overhead through the collection of fees from its partners."

Coverage

Anchorage:P.O. Box 200867Suite C – 719 E 11th Ave.Anchorage, AK 99520Office (907) 677-7479Fax: (907) 677-3599

Vancouver:Suite 800 - 789 W. Pender St.Vancouver, BC V6C 1H2Office: (604) 638-8164Fax: (907) 677-3599TF: (877) 217-8978

info@millrockresources.com

Contact Information