The Conversation (0)
Millrock Resources Inc. (CVE:MRO) enters into agreement with option to purchase concerning of Arizona State Exploration permits referred to as the Rainville project.
Millrock Resources Inc. (TSXV:MRO) enters into agreement with option to purchase concerning of Arizona State Exploration permits referred to as the Rainville project.
The press release is quoted as saying:
The Rainville project is positioned along the trend of the prolific Safford deposits which are being actively developed by Freeport McMoran Copper & Gold. Regional geochemical surveys, geophysical surveys and geological modeling have led Millrock to believe there is potential for discovery of valuable porphyry copper deposits hidden beneath overburden on the exploration permits. In a manner consistent with its project generator business model, Millrock plans to find a partner to share in the risk of exploration and development of the permits by funding exploration.