Highlights: Millrock has secured the exclusive right to enter option agreements on two different gold projects in the Fairbanks gold mining district, in the Tintina Gold Province, Alaska; the Treasure Creek project and the Ester Dome project. Treasure Creek is situated 30 kilometers west of the Fort Knox Gold Mine, which is operated by Kinross Gold Corp. , and is underlain by similar geology. Gold mineralization is known [...]
Highlights: The planned program of 2,300 meters in three holes is well underway. Hole 20AU003 has been completed and tested gently northwest-dipping structures detected by CSAMT geophysical surveys in a low magnetic area. Hole 20AU004 is in progress and is being drilled to 950 meters to test a CSAMT conductor in the vicinity of the Half-Ounce Gulch gold prospect. Assay results from the current program are anticipated in [...]
https://www.youtube.com/watch?v=eTOZOPhYcBc The C-Suite At the Open video interview series highlights the unique perspectives of listed companies on Toronto Stock Exchange and TSX Venture Exchange. Videos provide insight into how company executives think in the current business environment. To see the latest C-Suite At The Open videos visit https://www.tmxmoney.com/en/csuite.html. About Millrock Resources Inc. Millrock[...]
Highlights: The drilling program suspended in March 2020 due to COVID-19 concerns has been resumed. The planned program of 2,300 meters will continue through June and July with results to be released upon completion. Hole 20AU003 has been collared and is in progress to test gently northwest-dipping structures detected by CSAMT geophysical surveys in a low magnetic area. An airborne magnetic ZTEM – MAG survey is to [...]
Highlights: Assay results from the lower portion of hole 20AU001 and the upper part of hole 20AU002 have been received. Multiple zones of gold mineralization in fault zones have been intersected in both holes. The gold mineralization is associated with sulfide-bearing quartz veins and vein breccia enveloped by extensive, strong, wallrock alteration. To date, drilling at Millrock’s Aurora Target has intersected a [...]
Highlights: Assay results from the upper two thirds of Hole 20AU001 intersected multiple zones of gold mineralization associated with elevated arsenic and bismuth concentrations in a robust hydrothermal system. The upper portion of hole 20AU002 contained zones of quartz - sulfide mineralized rock. This hole was suspended in progress at 194 meters depth due to travel restriction concerns of the drill contractor relating to [...]
Highlights: As a precaution against the risk of COVID-19, and in the best interest of the safety of staff, Millrock and Resolution have temporarily suspended drilling operations at 64North. Hole 20AU-001 was completed to a depth of 462.4 meters. Several zones of quartz veining with sulfide mineralization and strong to intense sericite – dolomite wall rock alteration were intersected. Hole 20AU-002 was suspended in [...]
Highlights: Camp and drill rig are presently being mobilized to the Aurora target, immediately to the west of the Pogo Mine, Alaska. The first drill phase is planned to begin in early March 2020 with a planned initial program of 2,000 meters in four holes. The drill holes will test area of low magnetic intensity and will pierce conductive zones thought to represent a regional, low-angle, northwest-dipping shear zone. The [...]
Millrock Resources Inc. reports the non-brokered private placement announced on January 31, 2020, has been completed and was over-subscribed. A total of 12,575,333 units at a price of $0.12 per Unit have been issued for gross proceeds raised of $1,509,039.96. Each Unit consists of one common share of Millrock and one share purchase warrant . Each Unit Warrant entitles the holder to purchase one additional common share at [...]
Millrock Resources Inc. reports it has increased the non-brokered private placement announced on January 31, 2020. The financing will now consist of up to 12,500,000 units at a price of $0.12 per Unit, for gross proceeds of up to $1,500,000. Each Unit will consist of one common share of the Company and one share purchase warrant . Each Unit Warrant will entitle the holder to purchase one additional common share of the [...]
Highlights: Millrock has been advised that its partner Resolution Minerals has raised sufficient capital to fund a planned drilling program on the Aurora Target, immediately to the west of the Pogo Mine, Alaska. The first drill phase is planned to begin in early March 2020 with a planned initial program of 2,000 meters in four or five holes. An overall US$5 million exploration program is planned for 2020. Millrock has [...]
Millrock Resources Inc. announces that it plans to raise gross proceeds of $1,000,000 through a non-brokered private placement of 8,333,333 units at a price of $0.12 per Unit. It is the intention of the Company to provide an opportunity to existing, eligible Millrock shareholders to participate in the Offering. Non-accredited investors will be welcome to participate in the Offering through use of the existing shareholder [...]
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