Molding apparatus for forming and preparing frozen food products from liquids having at least one or more containers forming compartments for freezing the liquids has coacting cover and holder assemblies for each of the containers shaped to define a reservoir for collecting portions of melted frozen food product and having an elongated member connected in the generally longitudinal line of the cover and holder assembly so that the portion thereof exterior of the cover and holder assembly forms a handle and the portion extending through the interior of the cover and handle assembly forms an anchor on which the frozen food product is formed so that the frozen food product and the cover and holder assembly can be removed together, to enable the frozen food product to be consumed, and a passageway in the anchor having one end in communication with the reservoir in the cover and holder assembly and the opposite or remote end forms an access opening, and a removable or consumable sealing member maintains the passageway normally closed until the access opening end of the passageway is exposed during consumption of the frozen food product. The removable or consumable sealing member may be an edible confection, a formed plug, a rod which respectively fit or occlude the opening in the concealed access opening end and the adjacent portion of the passageway.