Millrock Resources Inc. reports assay results from drilling from exploration drill holes 20EC05, 20RE06 and 20AU07 that have been recently completed at the Echo, Resolution, and Aurora targets on the West Pogo block of the 64North Gold project. The locations of the holes drilled so far this year on the West Pogo Block are shown in Figure 1, along [...]
Highlights: The planned program of 2,300 meters is nearing completion. Assay results from the first two holes have been received; results indicate anomalous gold and pathfinder values; further drilling is required. Geophysical surveys and field exploration at the Boundary Prospect, East Pogo Block are in progress and showing interesting targets [...]
Millrock Resources Inc. reports that it has engaged Dave Cross as the new Chief Financial Officer of the Company. Mr. Cross is a Chartered Professional Accountant , Certified General Accountant, and is a co-founder of Cross Davis & Company, a CPA firm that has focused on providing accounting and management services to publicly listed companies [...]
Millrock Resources Inc. reports that the TSX Venture Exchange has approved two arm’s length property transactions in Alaska, announced on July 29, 2020. Millrock has secured the mineral rights to the Treasure Creek property through an Exclusive Rights Agreement . Millrock may, at any time up to September 30, 2021, enter an Option to Purchase [...]
Millrock Resources Inc. reports that drilling at the Echo Target on the West Pogo block of the 64North gold project in Alaska has now begun. A heliportable drill rig is being used to test a strong CSAMT geophysical survey conductor in the down-dip direction from the nearby Goodpaster gold deposit located on the neighbouring claims held by [...]
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 [...]
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 [...]
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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 [...]
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 [...]
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 [...]
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 [...]
