The mining newspaper for Alaska and Canada's North
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Millrock Resources Inc. Nov. 4 reported that all the pieces are falling in place for an early 2020 drill program at West Pogo, one of nine blocks of claims that make up the company's district-scale Goodpaster gold project in Interior Alaska. In mid-October, Australia-based Northern Cobalt Ltd. cut a deal to earn up to a 60 percent interest in the Goodpaster project by investing US$20 million in exploration, plus paying US$200,000 in cash and issuing 38 million in Northern...
Australia-based Northern Cobalt Ltd. has agreed to invest as much as US$20 million over the next four years to earn up to a 60 percent interest in Millrock Resources Inc.'s enormous land package covering highly prospective gold targets in Alaska's Goodpaster Mining District. Goodpaster has gained a lot of attention since Northern Star Resources Ltd.'s 2018 purchase of the Pogo gold mine at the heart of the district. While it has been just over a year since the acquisition,...
Primarily focused on gold, copper and silver, Millrock Resources Inc. is a project generating mineral exploration company that has built a large portfolio of highly prospective mineral exploration properties in Alaska, British Columbia and Mexico. Many of the projects the company has generated have been sold recently to other companies in exchange for cash and shares of the company acquiring and exploring the project. For 2019, Millrock focused largely on amassing a large...