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Market: TSX-V
Sector: General Mining
Epic: MRO
News: Latest news
Web Site: Millrock Resources
Other Articles: 22-07-201020-07-201024-06-2010 
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Thursday July 29, 09:30Specialist Energy Group Lays Out a Compelling Blueprint for Growth

After a difficult start to life as a stock market listed company, the company now stands at the threshold of a much brighter future. Legacy issues have been dealt with and the turnaround programme initiated by CEO Ewan Lloyd-Baker is gaining traction.

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Wednesday July 28, 11:30Silver Lake Resources boosts high grade gold resource by 70% to 2.5m ounces

Silver Lake Resources has added over 1 million ounces of gold to its resource inventory during the year after mining 66,700 ounces and expects further encouraging results at its  Mount Monger and Murchison projects.

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Thursday July 15, 02:10Henan Yuguang Lead & Gold investment in Kimberley Metals receives all clear from FIRB

Kimberley Metals (ASX: KBL) has reported that on 12 July the Australian Government Foreign Investment Review Board (FIRB) had no objections to Henan Yuguang Lead & Gold Co. Ltd's [...]

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Millrock Resources

Millrock Resources

Millrock Resources Inc. is a premier project generator to the mining industry. In the search for world-class gold and copper deposits in the mineral rich Alaska and Arizona, Millrock prospects and packages large-scale projects for joint venture, thereby exposing its shareholders to the benefits of mineral discovery without the financial risk and attendant shareholder dilution. As operator, Millrock currently has eleven active exploration projects, eight gold-copper properties in Alaska, and three porphyry copper prospects in Arizona. Its joint venture partners, underwriting some $3.5 million of exploration in 2010, include some of the leading names in the mining industry: Kinross and Teck in Alaska, Vale and Inmet in Arizona.

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Friday, January 22, 2010

Millrock Resources stakes 2,300 hectares near Kiska Metals and Tower Hill Mines in Alaska

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Millrock Resources (TSX-V: MRO) ("Millrock”) has staked a block of 36 claims (2,331 hectares) west of the company’s Estelle property, west of Kiska Metals (TSX-V: KSK) Whistler copper-gold property, and north-west of International Tower Hill Mines (TSX: ITH) Terra gold property.  The claims are all situated on the Kahiltna Terrane, Alaska, which also hosts Northern Dynasty’s world class copper-gold porphyry deposit.


Millrock Resources staked the claims after acquiring proprietary maps, data and other information from Gerald Booth, a geologist. Millrock has agreed to pay US$45,000 over four year and issue 40,000 shares in consideration.

The exploration junior will also pay $2 million if a discovery is put into commercial production.


Philip George, VP of Exploration at Millrock Resources said that observations already conducted on site indicated the presence of a porphyry system. “Glaciers are receding and the melting has been spurred by ash fall from Mount Redoubt volcano which erupted last spring. In some cases we are the first geologists to ever see the mineral occurrences that are emerging from beneath the ice. The mineralization and alteration observed indicates a porphyry system."


George was referring to the presence of porphyritic diorite and altered sedimentary rocks already observed on the property, a “very large” multi-element stream sediment anomaly measuring 177 square kilometers surrounding the Revelation property, and a 600 meter soil anomaly identified on a first pass reconnaissance program which returned values between 95 and 1,200 ppb gold.

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