Millrock Resources Inc. (TSX-V: MRO) will enter an exploration agreement with Kinross Gold Corporation (TSX:K) (NYSE: KGC). The agreement relates to a 900+ sq/km area of interest which contains Millrock's Albion and Council properties along with various other mining claims. The area is located in western Alaska in the Seward Peninsula. Kinross can earn a 55% joint venture interest in the company's properties along with any other properties in the area of interest by incurring exploration expenditures of $3 million and paying Millrock $260,000.
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About Millrock Resources Inc.
Millrock is TSX Venture Exchange listed company intent upon the discovery of high value mineral deposits, with a focus on Alaska gold deposits and Arizona copper-gold porphyries. The Company follows a project generator - joint venture business model that capitalizes on Millrock's knowledge and ability in two outstanding mining jurisdictions.
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