- Millrock Resources (MRO) is releasing results from exploration at its Apex Gold Project
- Surface geochemical testing completed in August, identified a new gold in soil anomaly extending over one kilomere northeast of old workings
- The project is located in southeast Alaska
- Results returned up to 1.09 ounces per ton gold and 1.10 ounces per ton silver in soil samples
- Millrock Resources up 9.09 percent, trading at $0.06 at 12:39 p.m. EST
Millrock Resources (MRO) is releasing results from exploration at its Apex Gold Project.
The project is located in southeast Alaska.
Surface geochemical testing completed in August identified a new gold in soil anomaly extending over one kilometre northeast of old workings.
Results returned up to 1.09 ounces per ton gold and 1.10 ounces per ton silver in soil samples.
Soil sampling results indicate that known mineralization at the former-producing Apex Mine likely extends 1,000 metres to the northeast.
“These are excellent results that show the gold-bearing quartz vein structure known from historic mining has significant strike continuity. Some of the soil sample numbers are of exceptional tenor,” said Millrock President and CEO Gregory Beischer.
The exploration work consisted of a soil geochemical survey (439 samples), rock sampling (39 samples), and geologic mapping. Soil samples were collected along a 20 by 40 metre spaced grid.
Millrock Resources up 9.09 percent, trading at $0.06 at 12:39 p.m. EST.