Serves: One 16-ounce milkshake or two 8-ounce milkshakes
For the chocolate syrup, bring 1 cup water, the sugar and the corn syrup to a boil in a small saucepan over high heat. Whisk in the cocoa powder and cook until the mixture is slightly thickened, about 2 minutes. Remove from the heat and whisk in the vanilla. Transfer to a bowl and let cool to room temperature. Use 1/4 cup for the milkshake, store the remaining covered in the refrigerator for up to 1 week.
For the milkshake, combine milk, chocolate syrup and malt powder in a blender and blend for 5 seconds. Add the ice cream and blend until smooth, about 10 seconds. Serve immediately.
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