Diese Seite verwendet Cookies. Durch die Nutzung unserer Seite erklären Sie sich damit einverstanden, dass wir Cookies setzen. Mehr erfahren
In Ihrem Webbrowser ist JavaScript deaktiviert. Um alle Funktionen dieser Website nutzen zu können, muss JavaScript aktiviert sein.
Suche
 

Millrock Partner Sojourn Reports Stream Sediment and Soil Sampling Results From Oweegee Dome Project, Golden Triangle District, British Columbia

07.12.2017  |  Marketwired

VANCOUVER, BC--(Marketwired - December 07, 2017) - Millrock Resources Inc. (TSX VENTURE: MRO) (OTCQX: MLRKF) ("Millrock") is pleased to announce that sampling results for a comprehensive stream sediment sampling program and a targeted soil sampling program have been reported by partner Sojourn Exploration Inc., (TSX VENTURE: SOJ) ("Sojourn"). The work program was recommended by Millrock as a logical follow-on step from the airborne geophysical survey and data compilation exercise that it had completed in 2016 -- before Sojourn optioned the property. The geophysical surveys had identified a series of thirteen porphyry copper-gold targets, as well as five targets thought to represent possible volcanogenic sulfide mineralization.

The work was funded by Sojourn and indicates strongly anomalous metal concentrations in the immediate vicinity of several of the high-potential geophysical targets.

Phil St. George, Millrock's Chief Exploration Officer, stated: "There is potential for both porphyry copper-gold deposits and volcanogenic massive sulfide deposits on this large land holding. Millrock and Sojourn have identified numerous high-priority drill targets through systematic, property-wide exploration; an approach that had been previously lacking. The targets are situated at the same stratigraphic level that has produced many other mines and deposits known to exist in the Golden Triangle District, and will be well worth drill testing."

A total of 464 stream sediments and 324 soils were collected. Sojourn indicates in their press release the following summary of results:

  Stream Sediments
  ppb Au ppm Ag ppm As ppm Cu ppm Mo ppm Pb ppm Zn
Count 464.0 464 464 464 464 464 44
Mean 2.0 0.24 16 84 2 7 129
Minimum 0.3 0.04 1 7 0 1 48
Maximum 291.0 1.27 464 502 26 709 620
75th percentile 3.6 0.36 25 117 3 11 178
90th percentile 8.7 0.50 46 159 5 15 241
95th percentile 24.2 0.66 68 201 6 23 319
98th percentile 44.3 0.90 144 231 9 49 446
               
  Soils
  ppb Au ppm Ag ppm As ppm Cu ppm Mo ppm Pb ppm Zn
Count 324.0 324 324 324 324 324 324
Mean 2.0 0.31 17 69 2 8 96
Minimum 0.2 0.04 1 8 0 1 6
Maximum 734.0 6.34 1360 750 42 211 5560
75th percentile 4.3 0.56 28 102 4 13 133
90th percentile 11.1 1.00 91 131 8 25 236
95th percentile 28.5 1.57 162 162 11 56 325
98th percentile 45.6 2.45 658 226 17 110 442
                           

Sojourn is earning a 100% interest in the Oweegee Dome property from Millrock by making share issuances totaling 2,300,000 common shares and completing $2,000,000 in exploration over the next three years.

Millrock holds a production royalty on the large claim block, which exceeds 300 square kilometers in area. It is located 75 kilometers northwest of Stewart, British Columbia, and is bisected by Highway 37 and the Northwest Transmission Line.

Quality Control - Quality Assurance
Millrock adheres to stringent Quality Assurance - Quality Control (QA/QC) standards. All samples were collected by Equity Engineering Consultants Ltd. ("Equity") personnel under contract to Millrock and securely stored until delivery to the ALS Minerals prep lab in Terrace, British Columbia. After preparation the samples were sent for analysis at the ALS Minerals Ltd. North Vancouver, BC laboratory, a 17025:2005 certified facility. Equity implemented a QA/QC program utilizing duplicate sampling and blanks at an average rate of one duplicate or blank per 15 samples. No QA/QC anomalies were noted in the analyses. All results from blanks, standards and duplicates were reviewed and found to be accurate within acceptable tolerances for results obtained to date.

The scientific and technical information disclosed within this document has been reviewed and approved by Gregory A. Beischer, President, CEO and a director of Millrock Resources. Mr. Beischer is a Qualified Person as defined in NI 43-101.

About Millrock Resources Inc.
Millrock Resources Inc. is a premier project generator to the mining industry. 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 taken on by most exploration companies. The company is active in Alaska, British Columbia, the southwest USA and Sonora State, Mexico. Funding for drilling at Millrock's exploration projects is primarily provided by its joint venture partners. Business partners of Millrock have included some of the leading names in the mining industry: Centerra Gold, First Quantum, Teck, Kinross, Vale, Inmet, Altius, and Riverside. Millrock is a major shareholder of junior explorers PolarX Limited., and Sojourn Exploration Inc.

ON BEHALF OF THE BOARD
"Gregory Beischer"
Gregory Beischer, President & CEO

Some statements in this news release contain forward-looking information. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include without limitation the completion of planned expenditures, the ability to complete exploration programs on schedule and the success of exploration programs.



Contact

FOR FURTHER INFORMATION, PLEASE CONTACT:
Melanee Henderson, Investor Relations
(604) 638-3164
(877) 217-8978 (toll-free)


Bewerten 
A A A
PDF Versenden Drucken

Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!



Minenprofile
"Wir weisen Sie ausdrücklich auf unser virtuelles Hausrecht hin!"
In Ausübung dieses Rechtes wird allen Behörden, insbesondere Ämtern, juristischen Personen öffentlichen Rechts,
in dieser Weise beliehenen Personen und Anstalten öffentlichen Rechts der Zutritt zu unseren Netzseiten verboten!"

Alle Angaben ohne Gewähr! Copyright © by GoldSeiten.de 1999-2017.
Die Reproduktion, Modifikation oder Verwendung der Inhalte ganz oder teilweise ohne schriftliche Genehmigung ist untersagt!