Millrock Resources Inc. is pleased to announce that it has commenced a field program at its Liberty Bell project, located in the Bonnifield Mining District, Alaska. The project is located 115 km (70 mi) southwest of Fairbanks.
Funding for the work is provided by Kinross Gold U.S.A., Inc., a subsidiary of Kinross Gold Corporation ("Kinross") under the terms of an Option to Joint Venture agreement executed in early 2017 and announced here. Millrock will act as the exploration operator on the project.
The project targets distal skarn gold deposits and possibly porphyry copper-gold deposits. Geology and setting of a small known gold deposit at Liberty Bell is similar to the new discovery at the Tetlin Project near Tok, Alaska, which is being explored by a private company Contango Ore, and royalty company Royal Gold.
The field program will consist of 16 sampling days with ten soil samplers and geologists collecting a target of 5,000 soil samples to characterize the surface geochemistry, in addition to mapping and prospecting.
Previous Millrock press releases on the Liberty Bell property can be found here.
The technical information 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.