| Divide Project |
|
Divide |
|
Country |
USA
|
|
Province |
Alaska |
|
|
|
Close to |
Nome |
|
Status |
EARLY DISCOVERY
|
|
|
|
|
|
Number of claims |
44 |
|
Latitude / Longitude |
64 N 50 / 165 W 16 |
|
|
|
|
Legends
|
|
|
|
|
|
|
|
|
|
| Risk and valuation analysis of the Divide Project |
| Status Risk : Early discovery |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Title(s) of the Divide Project |
 | Millrock Resources Inc.
Joint venture: 50% |
 | | | | |
| Title | Company Profile | All Projects | Company website | Company project page |
|
| The claims have been optioned by Alix Resource Corp. Millrock has made an agreement with Alix whereby the two companies will split all exploration and property costs equally. Millrock’s share of cash payments will be US$500,000 over a five year per more... |
|
|
|
| Location of the Divide Project |
|
The Divide claim block is located approximately 40 kilometers north of Nome, in western Alaska, on the Seward Peninsula. Elevation ranges from 150 meters to 470 metres, and the countryside consists of moderate tundra covered hills and mountains.
|
| |
| Geology of the Divide Project |
|
|
Underlain by structurally deformed, retrograde greenschist facies metasediments (turbidites and related deep water sediments); the rocks at the Divide Property are of late Proterozoic to Paleozoic age. These same rocks are the source of the alluvial gold deposits of the Nome camp, where approximately five million ounces of gold has been produced by placer mining methods.
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
Data last updated on : 3/19/2008
|
|
Disclaimer
|
|
All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
|
|
|
|
|
