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Millrock Resources Signs Agreement to Find Cu-Au Deposits in Alaska
Jun. 11, 2012 03:23PM PST
Resource Investing News Millrock Resources Inc. (TSXV:MRO) signed an option agreement with Vale Exploration to discover copper and gold porphyry deposits in Alaska.
Millrock Resources Inc. (TSXV:MRO) signed an option agreement with Vale Exploration to discover copper and gold porphyry deposits in Alaska.
As quoted in the press release:
Under the terms of the option agreement, Vale may earn a 65% interest by expending US$3.5 million for exploration on the project over a three-year period and by paying Millrock US$200,000.
Click here to read the Millrock Resources Inc. (TSXV:MRO) press release.Â
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