Fermer X Les cookies sont necessaires au bon fonctionnement de 24hGold.com. En poursuivant votre navigation sur notre site, vous acceptez leur utilisation.
Pour en savoir plus sur les cookies...
AnglaisFrancais
Cours Or & Argent en

Millrock Resources Inc.

Publié le 01 septembre 2011

Announces Additional Drilling Results at Uncle Sam Gold Project, Alaska

( 0 vote, 0/5 ) Imprimer l'article
  Article Commentaires Commenter Notation Suivre la société  
0
envoyer
0
commenter
Mots clés associés :   Copper |

Have trouble viewing this email? Please click here.

Millrock Resources Inc.TSX-V:MRO

NEWS RELEASE

Millrock Announces Additional Drilling Results at Uncle Sam Gold Project, Alaska

VANCOUVER, BRITISH COLUMBIA, September 1, 2011 - Millrock Resources Inc. (TSX-V: MRO) ("Millrock" or the "Company") is pleased to report additional results from the first phase of drilling at the Uncle Sam gold project in the Tintina Gold Belt, Alaska. The project is located 65 km southeast of Fairbanks, Alaska, 60 km west of the Pogo Gold Mine and adjacent to a recent gold discovery reported by Sumitomo Metal Mining Co. Ltd. ("Sumitomo"). The work on Uncle Sam is being funded by Crescent Resources Corp. (TSX-V: CRC) ("Crescent"); Millrock is managing the exploration. Crescent has an option to purchase a 100% interest in Millrock's rights to the property subject to a royalty. Millrock presently owns approximately 5% of the issued and outstanding common shares of Crescent.

Lone Tree Prospect

Five diamond drill holes totaling 1,329 m were completed by Millrock at the Lone Tree prospect located in the northwest part of the Uncle Sam property in 2011. Drilling targeted a 500 m by 250 m portion of a larger gold-in-soil anomaly measuring approximately 4,000 m by 1,000 m Previous historical drilling by other operators in the general area returned encouraging results such as drill holes USC-011, which contained an intersection of 19.22 m averaging 2.03 g/t gold and USC-013, which contained 6.0 m averaging 1.79 g/t gold and 14.0 m averaging 1.65 g/t gold. The drilling program was designed to expand upon the area of known gold mineralization. A summary of significant results follows:

Drill Hole Azimuth Dip From�  (meters) To�  � (meters) Interval (meters) Gold�  � (g/t)
LT-001 180° -75° 112.68 119.48 6.80 1.06
LT-002 -90° 295.66 297.67 2.01 1.10
LT-003 180° -60° 74.58 78.33 3.75 1.12
LT-004 -90° 17.07 19.20 2.13 1.00
LT-005 -90° 59.44 93.27 33.83 0.58
Including     69.49 72.82 3.32 1.22
And     146.30 148.44 2.13 1.85

The listed gold intercepts at Lone Tree typically occur within thicker zones containing anomalous gold mineralization commonly associated with faults and fault zones. This is evident in LT-005 which intersected 33.83 m grading 0.58 g/t gold. Host rocks for mineralization include both metamorphic rocks (schist, gneiss) and, to a lesser extent, granitic intrusive rocks..�  Because the rock cores are badly broken and faulted it is not possible to determine the true width of the intersections.

The Lone Tree area is one of three main previously defined areas of anomalous gold-in-soil occurring within the Uncle Sam project area (Lone Tree, Christmas, Wolf). Previous drilling in 2011 by Millrock at the Wolf Prospect, located approximately 3.5 km south of Lone Tree, encountered intercepts up to 11.40 m averaging 4.86 g/t gold was announced on July 28th, 2011 (view here).

The Wolf Prospect appears to be on strike with Sumitomo's recently discovered Naosi mineralized zone (Stone Boy Project) located approximately 2 km to the southeast. Drilling by Sumitomo at Naosi has returned intercepts up to 7.92 m averaging 7.8 g/t gold and 19.7 g/t silver (view here).

Additional Work

Millrock also completed a property-wide soil geochemical survey in 2011 designed to obtain data in areas not previously sampled.�  Results are pending.

Agreement

Signed in January of 2011, the agreement with Millrock gives Crescent the exclusive option to earn a 100% interest in the Uncle Sam claim group in return for a cumulative US$2.5 million in exploration expenditures, US$300,000 in cash payments and Crescent share issuances to Millrock. Crescent has issued 1,583,281 common shares to Millrock and these shares represent approximately 5% of the currently issued and outstanding Crescent shares. If the earn-in agreement proceeds to December 31, 2011, Crescent will issue to Millrock that number of common shares to give the Company 18% of the issued and outstanding shares of Crescent on that date. Millrock may be entitled to receive more Crescent shares in the event that an independently verified gold resource is defined on the property. Millrock obtained rights to the Uncle Sam property by virtue of an agreement with Kiska Metals Corporation (TSX-V: KSK).

Millrock's President & CEO Gregory A. Beischer is a Certified Professional Geologist and Mining Engineering Technologist and is a 'qualified person' for the purposes of National Instrument 43-101 Standards of Disclosure for Mineral Properties of the Canadian Securities Administrators.�  Mr. Beischer prepared the information contained in this news release and has verified the data (including sampling and analytical data). � All samples from the project were delivered by Millrock personnel to ALS Chemex, Fairbanks, Alaska. A quality assurance/quality control program has been implemented to ensure all core and sample handling procedures are in accordance with the best possible practices. The assay protocol includes the insertion of standards, blanks and duplicates into the sample stream. Mr. Beischer has verified the data by personally inspecting the drilling operations, core logging and sampling operations, the analytical preparatory laboratory, the analytical data, the supporting quality assurance/quality control data, and the calculation of composite intervals.

About Millrock Resources Inc.

Millrock Resources Inc. is a premier project generator to the mining industry.�  In the search for world-class gold and copper deposits in mineral rich Alaska and Arizona, 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 and attendant shareholder dilution taken on by most exploration companies.�  Millrock currently has twelve active exploration projects, eight gold-copper properties in Alaska, and four porphyry copper prospects in Arizona.�  With funding primarily coming from its joint venture partners, Millrock plans to carry out exploration programs with a total value of more than US$15 million in 2011.�  Business partners of Millrock include some of the leading names in the mining industry:�  Kinross, Teck, Vale, Inmet and Altius, as well as junior explorers Ryan Gold, Brixton Metals and Crescent Resources.

ON BEHALF OF THE BOARD

"Gregory Beischer"

Gregory Beischer, President & CEO

FOR FURTHER INFORMATION PLEASE CONTACT

Gregory A. Beischer
(604) 638-3164                  
Millrock Resources Inc.
750 World Trade Centre
999 Canada Place Vancouver, BC
V6C 3E1

"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."

 


Millrock Resources Inc.

EXPLORATEUR
CODE : MRO.V
ISIN : CA6011322022
Suivi et investissement
Add to watch list Add to your portfolio Add or edit a note
Ajouter une alerte Ajouter aux Watchlists Ajouter au portefeuille Ajouter une note
ProfilIndicateurs
de Marché
VALEUR :
Projets & res.
Communiqués
de Presse
Rapport
annuel
RISQUE :
Profile actifs
Contactez la cie

Millrock Resources est une société développant des projet miniers basée au Canada.

Ses principaux projets en exploration sont GALIURO, SAN JOSE, DRY MOUNTAIN, BLUFF, FORTYMILE, UNGALIK, CRISTO, ESTELLE, UNCLE SAM, DIVIDE et COUNCIL en USA.

Millrock Resources est cotée au Canada. Sa capitalisation boursière aujourd'hui est 1,6 millions CA$ (1,2 millions US$, 1,2 millions €).

La valeur de son action a atteint son plus haut niveau récent le 10 décembre 2010 à 9,90 CA$, et son plus bas niveau récent le 21 mars 2023 à 0,03 CA$.

Millrock Resources possède 44 525 418 actions en circulation.

Votre avis nous interesse, merci de laisser un commentaire ou de noter cet article.
Evaluer : Note moyenne :0 (0 vote) Voir les mieux notés
 
Dans les médias de Millrock Resources Inc.
06/10/2018Millrock Resources | Explorer releases drill results from Al...
Rapports annuels de Millrock Resources Inc.
2007 Annual Report
Financements de Millrock Resources Inc.
22/10/2009Final Tranche of Non-Brokered Private Placement Closed
05/10/2009Tranche Two Of Non-Brokered Private Placement Closed
18/09/2009Tranche One of Non-Brokered Private Placement Closed
31/08/2009Announces Non-Brokered Private Placement
Attributions d'options de Millrock Resources Inc.
02/04/2008Grants Stock Options
Nominations de Millrock Resources Inc.
13/06/2011Expands Board of Directors
20/07/2010Appointment of New Director
Projets de Millrock Resources Inc.
07/05/2013Makes Exploration Agreement with Bristol Bay Native Corporat...
13/08/2012President & CEO Updates on Company Drilling
01/08/2012(San Jose)Commences Drilling on San Jose Project=2C Safford Copper Dis...
24/07/2012(Council)Begins Drilling at Council Gold Project=2C Seward Peninsula=...
09/07/2012(Estelle)Commences Drilling Program at Estelle Gold Project=2C Alaska
21/06/2012Provides Update of Exploration Activities and Results
10/04/2012(Council)Plans Drilling for Two Alaska Projects, Humble Project, Sout...
02/04/2012(Estelle)and Partner Form Joint Venture at Estelle Gold Project, Alas...
30/03/2012(Galiuro)Reports on Drilling at Galiuro Copper Project, Arizona
07/01/2012(Uncle Sam)Reports Amendment of Terms of Option to Earn 100% Interest i...
08/12/2011(Estelle)Reports Additional Drill Results From Estelle Project, Alask...
30/11/2011(Galiuro)and Vale Commence Drilling at Galiuro Copper Project, Arizon...
06/09/2011(San Jose)Announces Resumption of Drilling at San Jose Copper Porphyry...
02/08/2011(Estelle)Commences Drilling at Estelle Gold Property, Alaska
26/07/2011(Galiuro)and Vale Provide Update on Galiuro Project, Arizona
01/06/2011(Estelle)Provides Update on Estelle Gold Project, Alaska and Early Ex...
17/05/2011(Uncle Sam)and Crescent Commence Drilling at Uncle Sam Gold Project, Al...
14/02/2011(Estelle)Announces Partner Elects to Proceed with First Option at Est...
09/02/2011(Dry Mountain)and Inmet Commence First Drilling Program on San Jose and Dr...
21/07/2010(Council)Provides drilling update from Council & Bluff gold projects ...
30/04/2010(Bluff)Valdez complete Bluff project JV agreement, drilling to comm...
22/12/2009(Bluff)& Valdez Gold Sign Letter of Intent to Enter into an Option ...
03/12/2009(Estelle)Chip Sampling Results from Estelle Project, Alaska
03/12/2009(Estelle)Samples 22.9 m of 1.0 g/t Au at Estelle
02/12/2009(Divide)Terminates Option on Divide Property, Seward Peninsula, Alas...
08/07/2009(Estelle)Exploration Update
03/03/2009(Galiuro)Agreement with Vale Exploration Canada Inc., Galiuro Copper-...
05/02/2009(Estelle)Announces Purchase of 100% Interest in Estelle Gold Claims, ...
26/01/2009(Divide)Announces Positive Drill And Trench Results At Divide Projec...
22/01/2009(Bluff)Announces Positive Drilling and Sampling Results at Bluff Pr...
28/03/2008(Inmachuk)Announces Results of Drilling at Inmachuk Project, Seward Pe...
Communiqués de Presse de Millrock Resources Inc.
18/12/2015Millrock Grants Option on Stellar Copper-Gold Project, Alask...
14/12/2015Millrock Expands Into Stewart Golden Triangle District, Brit...
26/11/2015Millrock Purchases Batamote Copper Project, Sonora, Mexico
23/11/2015Millrock Generates Five New Gold and Copper Projects in Sono...
19/11/2015Millrock Announces Results from Drilling at the Alaska Penin...
13/10/2015Millrock Enters Option to Purchase Liberty Bell Gold-Copper ...
28/09/2015Millrock Enters Option to Purchase Apex El Nido Gold Mine, A...
01/09/2015MicroCap Review Magazine Summer/Fall 2015 Issue Now Availabl...
29/07/2015Millrock and Strategic Partner Purchase Alaska Assets from R...
16/07/2015Millrock Begins Drilling on the Alaska Peninsula Copper-Gold...
09/07/2015Millrock Enters Option to Joint Venture Agreement and Plans ...
31/03/2015Millrock Provides Update on Los Chinos Gold Project and Rio ...
31/03/2015Provides Update on Los Chinos Gold Project and Rio Sonora Co...
19/03/2015Millrock Announces Completion Of Deferred Compensation Settl...
19/03/2015Announces Completion of Deferred Compensation Settlement
13/03/2015Millrock Announces Stock Option Grants And Deferred Compensa...
12/03/2015Millrock Forms Collaboration Agreement With Major Gold Minin...
09/03/2015Millrock Provides Corporate Update
09/03/2015Provides Corporate Update
02/12/2014Millrock and First Quantum To Enter Into Option To Joint Ven...
23/10/2014Millrock Closes Non-Brokered Private Placement and Announces...
23/10/2014Millrock Closes Non-Brokered Private Placement and Announced...
20/10/2014Millrock Enters Letter of Intent on the Rio Sonora Project, ...
20/08/2014Millrock Completes Field Program at Alaska Peninsula Project...
07/07/2014Millrock Completes Geophysical Surveys at Alaska Peninsula P...
19/06/2014Millrock Closes Non-Brokered Private Placement
09/06/2014Millrock Completes Purchase of Mexican Exploration Company
23/05/2014Millrock Enters Into an Agreement to Acquire a Mexican Explo...
29/04/2014Millrock Announces Management and Board Changes
06/08/2013Grants Right of First Refusal to Major Mining Company Concer...
12/06/2013Shareholders Approve Alteration of Articles to Include Advan...
05/11/2012President & CEO Presents Millrock's Story
10/10/2012(Council)Discovers New Gold Zone at Council Project=2C Alaska
19/09/2012Acquires Stellar Copper=2DGold Project=2C Central Alaska
11/09/2012President & CEO Presenting at Subscriber Investment Summit 2...
10/09/2012(Estelle)Discovers New Gold Zone at Estelle Project=2C Alaska
11/07/2012Brien Lundin Offers Favourable Review of Millrock
25/06/2012Featured in North of 60 Mining News
11/06/2012and Vale Enter Option Agreement Concerning the AUDN Copper=2...
24/05/2012and Inmet Announce New Partnership, Monsoon Project, Safford...
17/04/2012(Dry Mountain)Announces Drill Results and Further Drilling Plans, San Jose...
03/04/2012Gene Arensberg Lists Millrock as a 'Vulture Bargain'
12/01/2012(Cristo)Announces Termination of Option on Cristo Property, Kahiltna...
13/10/2011Exhibiting at the New Orleans Investment Conference October ...
21/09/2011Brien Lundin Lists Millrock as a Top Pick
13/09/2011Provides Update of Exploration Activities and Results
01/09/2011Announces Additional Drilling Results at Uncle Sam Gold Proj...
28/07/2011(Uncle Sam)Announces Drilling Results at Uncle Sam Gold Project, Alaska
27/07/2011Brien Lundin Offers Strong Recommendation of Millrock
18/07/2011(Dry Mountain)and Inmet Provide Update on San Jose and Dry Mountain Projec...
14/06/2011Roger Wiegand Initiates Coverage on Millrock
11/05/2011Exhibiting at the Edmonton MoneyTalks Investment Conference ...
04/05/2011Brien Lundin Offers Favourable Review of Millrock
04/04/2011Announces Rainville Copper Project, Arizona
14/03/2011Featured on BNN's Market Call
22/07/2010Signs option agreement with Brixton Metals for Monte Cristo ...
30/06/2010Featured in North of 60 Mining News
23/06/2010Altius Minerals unit acquires Millrock shares (MRO-TSXV)
14/06/2010Featured in North of 60 Mining News
03/06/2010Exhibiting at the Cambridge House Conference in Vancouver Ju...
12/05/2010Provides Corporate Update
30/04/2010Finalizes Option Agreement with Valdez; Exploration of Bluff...
04/05/2010Arranges $600,000 financing with Teck American
06/04/2010Signs definitive agreement with Kinross in Alaska
06/04/2010Closes $250,000 financing with Kinross
17/02/2010Stakes 2 claim blocks in Kahiltna Terrane, Alaska.
16/02/2010Stakes First Properties in Alaskan Alliance with Altius
22/01/2010Stakes the Revelation Project in the Kahiltna Terrane, Alask...
15/01/2010Exhibiting at the Cambridge House Resource Investment Confer...
03/11/2009Kiska Metals Announces Option of Uncle Sam Project to Millro...
08/10/2009Exhibiting at the New Orleans Investment Conference
24/09/2009Exhibiting at the Cambridge House Resource Investment Confer...
11/09/2009Exhibiting at the 2009 International Chinese Investment Foru...
23/07/2009Brien Lundin Updates Millrock Resources' Progress
12/06/2009Arranges Financing with Altius to Form Strategic Alliance
05/06/2009Closes Financing with Kinross Gold
29/05/2009Kinross Gold Invests In Millrock
26/03/2008 Announces Acquisition of Ketchem Gold Property, Circle Dist...
Publication de commentaires terminée
 
Dernier commentaire publié pour cet article
Soyez le premier à donner votre avis
Ajouter votre commentaire
TSX-V (MRO.V)
0,035+16.67%
TSX-V
CA$ 0,035
21/03 15:33 0,010
16,67%
Cours préc. Ouverture
0,030 0,030
Bas haut
0,025 0,040
Année b/h Var. YTD
 -  -
52 sem. b/h var. 52 sem.
- -  0,035 -%
Volume var. 1 mois
635 000 -%
24hGold TrendPower© : -13
Produit
Développe
Recherche Copper - Gold - Molybdenum
 
 
 
Analyse
Interactive chart Add to compare
Graphique
interactif
Imprimer Comparer Exporter
Dernière mise à jour le : 28/09/2010
Vous devez être connecté pour accéder au portefeuille (gratuit)
Top Newsreleases
LES PLUS LUS
Variation annuelle
DateVariationMaxiMini
20240,00%
2023-12,50%0,040,03
2022-27,27%0,070,03
2021-54,17%0,150,05
2020-29,41%0,320,09
 
Graphique 5 ans
 
Graphique 3 mois
 
Graphique volume 3 mois
 
 
Nouvelles des Sociétés Minières
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
0,12 AU$-8,00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
7,70 AU$-0,65%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
2,20 AU$+0,00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
3,86 AU$+0,00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
0,12 CA$+4,55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
0,02 CA$+100,00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
12,26 US$+2,68%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
0,20 US$-12,28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
0,53 GBX-1,87%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
0,06 CA$+0,00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
2,64 CA$-1,86%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
1,84 CA$+0,00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
16,23 CA$+4,04%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
0,24 CA$+4,26%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
0,20 AU$+2,63%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
6,80 US$-2,86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
1,88 CA$+0,53%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
52,71 US$+0,19%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
8,66 CA$-0,35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
0,04 AU$+5,56%Trend Power :