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Providing coverage of Alaska and Northwest Canada's mineral industry
September 2016

Vol 21, No. 36 Week of September 04, 2016

Mining News: Northern Neighbors: Millrock buys operations base for exploring Golden Triangle

Millrock Resources Inc. Aug. 30 reported the purchase of an exploration operations facility in the town of Stewart, B. C. from J. Calder Resources Inc. and Geofine Exploration Consultants. The facility, which consists of a house-office, a large storage garage, and core-cutting facility, is situated on eight real estate lots. The facility sits on a large gravel pad and the lot is securely fenced for safe storage of drill core and equipment. An array of exploration equipment also was included in the purchase. Millrock President and CEO Gregory Beischer said, “This facility will make an excellent base of operations for continued exploration of Millrock’s existing projects in the Golden Triangle, and for those we generate in the future.” In exchange for the facility, Millrock will pay C$300,000 over two years and issue 50,000 Millrock shares.

-Shane Lasley






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