The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Millrock Resources Inc. Aug. 30 reported the purchase of an exploration operations facility in the town of Stewart, B. C. from J. Calder Resources Inc. and Geofine Exploration Consultants.
The facility, which consists of a house-office, a large storage garage, and core-cutting facility, is situated on eight real estate lots.
The facility sits on a large gravel pad and the lot is securely fenced for safe storage of drill core and equipment.
An array of exploration equipment also was included in the purchase.
Millrock President and CEO Gregory Beischer said, "This facility will make an excellent base of operations for continued exploration of Millrock's existing projects in the Golden Triangle, and for those we generate in the future." In exchange for the facility, Millrock will pay C$300,000 over two years and issue 50,000 Millrock shares.
Over his more than 16 years of covering mining and mineral exploration, Shane has become renowned for his ability to report on the sector in a way that is technically sound enough to inform industry insiders while being easy to understand by a wider audience.
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