Millrock Completes Geophysical Surveys at Alaska Peninsula Project, Alaska
07 Luglio 2014 - 3:30PM
Marketwired Canada
Millrock Resources Inc. (TSX VENTURE:MRO) is pleased to report it has completed
geophysical surveying on its Alaska Peninsula Project, Alaska. The survey saw a
total of 1,140 line kilometers of high-resolution airborne magnetic and
radiometric data collected over three prospects of interest: Bee Creek, Mallard
Duck Bay, and Kawisgag. Precision Geosurveys Inc. was contracted to carry out
the helicopter-borne surveys.
The completed work was the first of a two-phase summer program, which is being
funded by First Quantum Minerals Ltd. The second phase is to consist of a
geological mapping and geochemical sampling program and will focus on the
geophysically surveyed areas, all of which have known porphyry occurrences.
Phase 2 is planned to start in mid July.
The Alaska Peninsula project is comprised of lands owned by six Alaska Native
village corporations and the Bristol Bay Native Corporation. Millrock has
previously made an Exploration Agreement with Option to Lease through which it
can secure a 100% leasehold interest. The villages of Chignik Bay and Chignik
Lagoon are located roughly central to the land package, which is more than 120
km long and up to 60 km wide and covers an area of approximately 650,000 ha.
About Millrock Resources Inc.
Millrock Resources Inc. is a premier project generator to the mining industry.
In the search for world-class metallic mineral deposits in mineral-rich Alaska,
southwest USA, and Mexico. Millrock identifies, packages and operates
large-scale projects for joint venture, thereby exposing its shareholders to the
benefits of mineral discovery without the usual financial risk taken on by most
exploration companies. Millrock currently has twenty active exploration
projects, seven gold-copper properties in Alaska, a porphyry copper prospect in
Arizona, a uranium project in New Mexico, and eleven projects in Mexico. Funding
for Millrock's exploration projects primarily comes from its joint venture
partners. Business partners of Millrock have included some of the leading names
in the mining industry: First Quantum, Teck, Kinross, Vale, Inmet and Altius.
ON BEHALF OF THE BOARD
Gregory Beischer, President & CEO
"NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM
IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY
FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE."
FOR FURTHER INFORMATION PLEASE CONTACT:
Millrock Resources Inc.
Gregory A. Beischer
President & CEO
(604) 638-3164
(877) 217-8978 toll free
www.millrockresources.com
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