Project generation pays off for junior
Millrock expects $13M in partner-funded exploration on 2011 programs; Teck funds aggressive $3.5M program at Estelle property
Last updated 6/26/2011 at Noon
The mineral project generator model is paying dividends for Millrock Resources Inc. The junior anticipates exploration on its Alaska gold properties to top US$10 million in 2011, with more than US$9 million to be funded by project partners.
Millrock has attracted senior miners Teck Resources Ltd. and Kinross Gold Corp. to some of the Alaska gold projects it has generated. Additionally, junior...