S&P Factual Stock Report coverage on Millrock Resources, Inc. will also be accessible on an ongoing basis to the investment community by scores of buy-side institutions and sell-side firms that utilize S&P research and information platforms daily. Millions of self-directed investors also have access to the report via their e-brokerage accounts. Please visit www.millrockresources.com for additional information.About Standard & Poor's Factual Stock Reports This Standard & Poor’s service provides factual research coverage enabling information about Millrock Resources, Inc. and other securities to reach a wide investor audience of Buy and Sell-side investors, helping them understand a company’s fundamentals and business prospects. Currently profiling over 500 issuers, S&P Factual Stock Reports increase market awareness for issuers in the investment community with insightful commentary and key statistics/information. Updated weekly with the latest pricing, trading volume, and other data, the reports include recent developments, a financial review, key operating information, Industry and peer comparisons, institutional holdings analysis, Street Consensus and opinions, performance charts, business summary, fundamental data, and news. Because coverage of these reports is sponsored by the issuer, S&P does not offer investment opinions concerning the advisability of investing in these stocks. Standard & Poor’s Factual Stock Reports are produced separately from any other analytic activity of Standard & Poor’s. Standard & Poor’s Factual Report research has no access to non-public information received by other units of Standard & Poor’s. Standard & Poor’s does not trade on its own account. Note: All U.S. and Canadian Companies listed on a National Exchange (not covered by S&P’s STARS research) are eligible to obtain this coverage. About Standard & Poor's Standard & Poor's, a division of The McGraw-Hill Companies (NYSE: MHP), is the world's foremost provider of financial market intelligence, including independent credit ratings, indices, risk evaluation, investment research and data. With approximately 10,000 employees, including wholly owned affiliates, located in 23 countries, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for more than 140 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit http://www.standardandpoors.com. Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6563014&lang=en
Standard & Poor’s announced today that it has commenced Factual Stock Report coverage on Millrock Resources, Inc. Millrock Resources Inc. (TXV:MRO) or “the Company acts as a project generator to the mining industry. In the search for gold and copper deposits in Alaska and Arizona, Millrock identifies, packages and operates large-scale projects for joint venture. In this way, the company seeks to expose its shareholders to the benefits of mineral discovery with greatly reduced financial risk and attendant shareholder dilution. As of early December 2010, Millrock had 12 active exploration projects, including nine gold-copper properties in Alaska and three porphyry copper prospects in Arizona. The company's business model shares risk by partnering with other companies that invest capital to move exploration projects toward development and production. Millrock has established a property portfolio prospective for the discovery of large-scale intrusive- related gold and copper-gold porphyry deposits. Companies currently investing in Millrock projects in include major mining companies Teck Resources Limited, Kinross Gold Corporation, Inmet Mining Corporation and Vale Exploration Canada. Millrock owns and operates several mineral exploration projects in Alaska in three distinct regions: the Seward Peninsula of western Alaska (Bluff and Council projects); the Kahiltna Terrane of south-central Alaska (Estelle, Revelation and Cristo); and the Tintina Gold Belt of eastern Alaska (Uncle Sam, Fortymile and Moosehorn). In Arizona the Company is actively exploring three projects in the copper camps in the southeastern part of the state (Galiuro, San Jose and Dry Mountain). In late November 2010, Millrock announced that it had staked a block of 266 claims (17,223 hectares) in the Togiak Terrane of southwest Alaska. The staked claims (the Humble claim group) are located on state land approximately 80 kilometers northeast of Dillingham, Alaska, covering multiple geophysical targets with coincident surface geochemical anomalies. There are geological similarities to the giant Pebble copper-gold deposit which is situated 130 km to the northeast.