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

• 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.

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

• As investors, you should be aware that what is presented here contains forward looking statements about what the

Company plans to do in the future.

• While we do our best, there is no guarantee that we will necessarily be able to accomplish the planned programs or

achieve the results we project.

• To date however, Millrock has established a reputation for delivering on its plans.

Management

Projects:

• Commodities

• gold, copper, uranium

• Jurisdictions

Alaska, Southwest USA, Mexico

• Geologic Merit

Capital Structure

News Flow

Prospect 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

• Here are the most important parameters that an investor should consider when investing in a junior exploration and

development company – Millrock scores highly on all fronts.

• Competent management, focused on commodities with a bright future in jurisdictions with low country risk, our goal is to

discover a giant ore body and move it through to feasibility before selling our interest. Therefore, we focus on geological

terranes and deposit models where giants are possible. This primarily means porphyries, pluton-hosted gold deposits

and low production cost uranium deposits.

• We are a Prospect Generator company. Millrock capitalizes on its knowledge and operational expertise in Alaska, the

southwest USA and Mexico. By creating numerous exploration opportunities and making joint-venture agreements, we

reduce exploration risk.

• Millrock is a pure exploration company. Our objective is to find a giant ore body and sell our interest to a major mining

company, while at the same time greatly increasing shareholder value. We have formed the foundation of a premier

Prospect Generator company that will be a leader in our subsector and the best in our jurisdictions.

Discovery creates tremendous increases

in value

Few discoveries are made – risk is high

Prospect Generator Model increases

exposure to discovery - mitigates risk by:

1. Developing multiple projects

2. Forming multiple joint ventures

Highest risk money is the first round of

drilling – funded by JV partners

Millrock shareholder’s money is used for

prospect generation

Risk vs. Reward

Minimize risk but keep shareholders

exposed to the rewards of discovery.

• This chart shows an ideal stock price chart of the perfect scenario from early stage exploration to mine production. The

real potential for major share price gains is in initial discovery and again when production nears.

• The search for mineral deposits is inherently risky – a lot of money is spent by explorers but few discoveries are made.

However, the discovery of a mineral deposit creates tremendous increases in share value – high risk but high reward.

• Millrock reduces this inherent risk by following the prospect generator business model. Following the model increases

Millrock’s exposure to discovery and mitigates its risk by 1) developing multiple projects at once and by 2) forming

multiple joint ventures. Millrock leverages its knowledge and ability to generate high quality projects to attract other

companies as partners that fund exploration.

• By partnering our projects, other companies pay for the early, highest risk exploration, in order to earn an initial interest

in Millrock’s projects. Millrock shareholders are still exposed to the benefits of discovery, but a substantial amount of the

exploration cost has been mitigated. This significantly increases the dollar value of exploration Millrock is able to

complete each year, while lowering the need to raise capital and dilute shareholders, helping the company stay

sustainable.

Prospect Generator Model

• This slide illustrates how the Project Generator model works.

• Early stage exploration is one of the highest risk of capital in any business in the world. Most projects never result in ore

body discovery. Most junior explorers have an idea, raise money by selling shares, drill holes, and fail to find an ore

body. The company ultimately fails and shareholders lose their investment.

• Millrock greatly reduces this risk by using its shareholder’s money for only the earliest stages – which are relatively

inexpensive exploration – and mineral right acquisition. We always find a partner company to fund drilling, the most

capital intensive part of exploration. In addition, the funding partner makes cash payments and, in the case of a junior

company partner, share issuances to Millrock to complete the earn-in.

• If a deposit or an ore body is discovered during the earn-in period a joint venture will be formed. Millrock will contribute

its pro-rata share of future exploration costs. At this point the risk of exploration failure has been greatly reduced.

Millrock shareholders will realize strong financial gains upon exploration success, sale of a discovery asset, or, if we

retain the asset, when profitable mining occurs.

Business Partners

• This slide shows the various companies with which we have made joint exploration agreements. Current partners

include First Quantum Minerals and Teck.

• For the investor, selecting junior exploration companies in which to invest can be a daunting task. Investors are

bombarded by pitches from promoters and the prudent investor needs to perform careful due diligence.

• In the case of Millrock, a significant amount of due diligence has been done for you by geologists and mine finance

experts at some of the biggest mining companies in the world. These companies have invested millions to earn an

interest in Millrock’s projects, and some are major shareholders of Millrock. These companies do not give out millions of

dollars unless they see potential for large, highly valuable metal deposits and competent management.

5%

34%38%

$9.1MIn exploration

$2.4MIn exploration

$1.6MIn exploration

95%

Partner

Funded

66%

Partner

Funded

62%

Partner

Funded

2012 2013 2014

Percentage of partner fundingPercentage of Millrock funding

Exploration Expenditures

• Millrock has a track record of consistently being able to attract partners to fund exploration on its projects.

• Since 2008, Millrock has been able to expend over $40M on exploration, recovering 85% of all of its exploration

expenditures.

• Even in sustained downturns such as the currently prevailing market, Millrock has been able to attract partners to fund

exploration.

$3.8M cash on hand

Mgmt. fees & option payments offset overhead

Share Price (January 2015) ~$0.40

3-Month Average Volume: 14,000

Share Structure

Shares Outstanding 19.7M

Options 497K

Warrants 12.0M

Fully Diluted 32.6M

Market Cap $7.8M

Capital Structure: Post-finance

Major Shareholders

Management 5%

Altius/Cranberry 11%

Sprott-Global 9%

Casey 9%

Tognetti 8%

Pembrook 8%

Kinross 3%

Teck 2%

Strong Hands 25%

• Millrock has adequate cash resources on hand, holding over $3.8M.

• Because we earn income from option agreement payments and management fees our burn rate is very low. This cash

can last a long time.

• The stock is tightly held by highly influential resource stock fund managers and individuals. Key participants in the

recent financing have agreed not to sell any stock for two years.

• Millrock stock is very highly leveraged. With any exploration success very strong share price increases should be

realized.

• With a rising gold price, excellent copper prices, growing investor confidence, and coming news flow there is potential

for Millrock’s share price to increase dramatically.

GREGORY BEISCHERPresident & CEO

Director

PHIL ST. GEORGEChief Exploration

Officer

KEITH GRANBERRYChief Financial

Officer

Management Team

• This is our team. All members of the executive team are based out of Anchorage, Alaska.

• Greg Beischer spent much of his career as a Mining Engineering Technologist and Geologist with Inco, working from

bases all over Canada, ending up as Exploration Manager in Alaska. After leaving the company he went to work for an

Alaska Native Corporation, helping them develop their mineral, oil and gas resources. In so doing, Greg grew excellent

trust relationships with the Native companies that are paying off for Millrock now. Alaska Native Corporations make

great business partners. He has served in many leadership roles throughout Alaska, including Alaska Miners

Association President, BLM Advisory Board Chairman and Alaska Minerals Commission member.

• Phil St. George discovered Alaska’s Pebble deposit 25 years ago as a mid-level geologist for Cominco. The great work

done subsequently by Northern Dynasty Mines has shown this to be an enormous porphyry deposit containing billions of

pounds of copper and over 100 million ounces of gold. Phil sits on the Board of the Truth about Pebble organization, as

well as the University of Alaska Geology Department Advisory Committee. Phil was VP Exploration for Novagold in its

early years, and led the team that took one of Alaska’s other giant gold deposits, Donlin Creek, from 2 million to 20

million ounces. Phil is a recognized leader in the identification of economic copper +/- gold deposits.

• Keith Granberry serves as Chief Financial Officer. A graduate of Gonzaga University and has experience in both public

and private accounting.

ROLAND BUTLER

Geologist

DARRYL CARDEYFinance Executive

LARRY COOPERFinance Executive

PETER CHILIBECKAttorney

Board of Directors

Millrock has been able to attract strong Board of Directors that help guide the company and ensures it focuses on

executing the Prospect Generator model:

• Roland Butler – Co-founder of Altius Minerals, one of the most successful prospect generator companies of all time.

Currently, CEO of Callinan Royalty Corp.

• Darryl Cardey – Founder of Underworld Resources - taken over by Kinross after Yukon gold discovery.

• Peter Chilibeck – Attorney previously with Falconbridge, Northern Telecom and IMAX.

• Larry Cooper – Finance executive previously with Wells Fargo bank, now an independent consultant servicing Millrock

and several Alaska Native corporations.

• Greg Beischer – President and CEO of Millrock Resources

ESTELLECRISTO

STELLAR

FORTY MILE

Millrock Properties

HUMBLE

AUDN

AK PENINSULA

Projects: Alaska

LISBURNE

Project highlights:

• This is the current slate of projects held by Millrock in Alaska.

• We are presently active on the Alaska Peninsula with partner First Quantum.

• We have a joint venture with Teck at the Estelle project.

• The Stellar copper gold project and the Lisburne zinc project are new for Millrock. We anticipate securing a funding

partner for these projects soon.

• The Company is seeking partners for the various projects that do not presently have partners.

Ivanoff Bay

Perryville

Chigniks

Sand Point

Alaska Peninsula: Summary

The following is the summary of our Alaska Peninsula project.

• It is located out to the west of Kodiak Island and is a big piece of real estate.

• Native owned lands are shown in light red.

• The Area of Interest subject to our agreement with Bristol Bay Native Corporation (BBNC) is outlined in dark red

• BBNC owns the minerals on the lands in the Area of Interest.

• Most of the surface is owned by village corporations.

• The Chigniks – Chignik Lagoon and Chignik Bay are small communities each of less than 200 people, but are bustling

fishing villages in the summer months

• Perryville is a quiet Native community of 100 or so residents….or at least is quiet when Mount Veniaminoff is not

erupting – it is a fairly active volcano that erupted as recently as last June.

• Ivanoff Bay is nearly abandoned – there is one resident family.

• We are working closely with all the communities and have established good relationships.

• First Quantum is funding the work we are doing.

Main Occurrences of Interest:

• Bee Creek

• Kawisgag

• Mallard Duck

Kawisgag

Bee Creek

Mallard

Duck Bay

Pyramid

Alaska Peninsula: Summary

There are three main porphyry occurrences of interest on the Alaska Peninsula:

1. Bee Creek

2. Kawisgag

3. Mallard Duck Bay

• 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 & property scale mapping

• IP survey (3 lines)

• Detailed ground magnetic survey

• Drilling (9 holes)

Bee Creek Prospect

Picture: View looking southwest at main ridge – gossan = potassic-alteration zone, drill pads in photo

Prospect Highlights:

• Broad geochemical anomaly in Cu in soil

• IP anomaly in valley remains untested

• 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

Historic work on property:

• Recon surface sampling

• Regional and property scale mapping

• IP survey (3 lines)

• Detailed ground magnetic survey

• Drilling (9 holes)

Hole IDInt.

(m)

Au

ppm

Cu

ppm

Mo

ppmComments

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

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

• BC06-09 – 118m, avg 0.3% Cu and 20m, avg 0.6% Cu

• BC06-06 and BC06-07 – no sample recovery due to poor drilling conditions

Contour Interval: 100 feet

Anomaly from 2014 data

measures ~4km x 3km

Total Field & Soil Anomalies

• The magenta and red colors represent magnetic high areas.

• Soil geochemical sampling shows a copper and gold rich core, with molybdenum plus iron and sulfur.

• Lead occurs peripherally, with zinc and manganese creating a halo around the entire anomaly which measures about 3

km by 4 km

Bee Creek 2005 Geo IP Survey

• This is an IP pseudosection. The lower graph shows chargeability. Red colors mean there are metals in the ground.

• You can see that a hole drilled without benefit of this survey came very close to the target.

• Those geologists were on the right track but just didn’t quite drill far enough.

• We propose to re-drill from this location to a deeper depth to test that strong IP chargeability anomaly.

Completed: Complete compilation of all existing data

Identify data gaps – layout multi-year program

Systematic property-wide exploration approach – partner-

funded

Surface sampling, mapping, drill testing.

Next steps:

AK Peninsula: Next Steps

Mallard Duck Bay

Drilling

Kawisgag

Drilling

Bee Creek

Drilling

At this point Millrock has fully familiarized itself with what has been done on the project and have identified the data gaps.

We have found a partner to fund the work and we are executing the work now. All three prospects will be ready to drill in

2015.

• Great mineral potential – proven fertile environment for porphyries and epithermal deposits, but low degree of prior

exploration.

• There have really only been two phases of exploration over this enormous area – Bear Creek in the 1970s and Full

Metal – Metallica in the 2000s.

• Exploring here is not that easy – lots of weather and mountains which makes exploration challenging. But everything

can be barged to site and there is accommodations available in the villages.

• The good news is that deep water ports are close by. This will be important for mine development, logistics and

economics.

• BBNC and the village corporation have been supportive of our exploration activities and we look forward to expanding

our relationships in this region as our project grows.

Millrock Properties

Projects: Mexico

• This map shows the location of the 12projects that Millrock secured through its recent purchase of Pembrook Mexico

Holdings.

• We are making a major push to find funding partners for these projects and are confident we will be successful.

• We intend to aggressively acquire more projects in Mexico.

• Through the purchase, we not only acquired 12 projects, but a highly valuable proprietary database of information, as

well as people with operational expertise.

• We will be able to generate many valuable projects that will attract major, mid-tier and junior companies.

• By sticking with our business model, we will be very active explorers as the markets improve, giving our shareholders

great opportunities to realize share price increase from a discovery.

Millrock Properties

Rio Sonora

• We are active on the Rio Sonora Project now.

• The area was targeted originally because of an observed periodicity in the emplacement of major porphyries along a

linear trend

• Our project is located midway between the Cananea and La Caridad; two huge copper deposits.

• We have done airborne magnetics and ZTEM and have found a partner to fund the next phase of exploration.

• Geochemical surveys are now in progress. We hope to drill the targets that are developed in early 2015.

Catalysts

Winter 2015: Drilling Rio Sonora?

Drilling Los Chinos?

Build project portfolio

Summer 2015: Drilling AK Peninsula

Advance Lisburne project

Goal: Have a drill turning throughout the entire year

• In 2014 we made bold moves to position for the future.

• First, we bought an entire Mexican exploration company with 12 projects and data. This is already paying off.

• Second, we restructured the company, consolidating the shares on a 10 for 1 basis.

• We raised adequate cash to run the company and to grow our property portfolio even more.

• The resulting company is very tightly held by influential investors that will make sure the investing world knows when we

have exploration success .

• It is shaping up like we will have a drill turning on one project or another throughout all of 2015.

• Every drill hole is a chance to make our share price increase significantly.

Solid & focused foundation

Share price / development stage

Potential market change

News flow – lots of drilling coming up

Commodities – Gold, Copper, Uranium

Why Invest Now?

• Given our current share price this is an excellent entry point for new shareholders or a great chance for existing

shareholders to average their price down.

• We are three years into a down market so the cycle should change soon.

• Millrock will have lots of drilling news in the short-term.

• We are focused on commodities that should increase in price soon.

Brien Lundin – The Gold News Letter (5/23/2014)

”Millrock appears to be getting aggressive, and it remains a buy.”

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

• Millrock has been steadily gaining traction and visibility. Influential and knowledgeable stock analysts are speaking

positively.

Millrock Resources – MRO.V

Anchorage:

P.O. Box 200867

Suite C – 719 E 11th Ave.

Anchorage, AK 99520

Office (907) 677-7479

Fax: (907) 677-3599

Vancouver:

Suite 800 - 789 W. Pender St.

Vancouver, BC V6C 1H2

Office: (604) 638-8164

Fax: (907) 677-3599

TF: (877) 217-8978

www.millrockresources.com

info@millrockresources.com

Contact Information