North of 60 Mining News - The mining newspaper for Alaska and Canada's North

Stellar deal to unite high-grade copper projects in SC Alaska


Last updated 3/14/2018 at 8:37pm

Millrock Resources Inc.

Millrock's Stellar property, which covers the Zackly copper-gold skarn deposit and a number of porphyry copper-gold prospects, lies immediately northeast of Caribou Dome.

Millrock Resources Inc. May 24 announced a deal that will ultimately move the Stellar copper-gold project into Polaris Minerals Ltd, a new exploration company that will own two high-grade copper project in Alaska.

To complete this deal, Millrock has agreed to sell Stellar to Vista Minerals Pty Ltd. in exchange for 25.14 million Vista shares, or 27.7 percent of the Australia-based explorer.


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