Drilling is proceeding well and since the start of the drill campaign in mid-October, a total of 51 holes, of the 120 planned, have been completed for 2,665m. Processing of the core samples is proceeding smoothly and samples from 37 holes have been submitted to the Bureau Veritas Laboratories in Vancouver, Canada. Results from the first batches of holes are expected to be reported to the market shortly.
Mining systems will be ‘unrecognizable’ in 5 to 7 years. Anglo plans to use virtual models, high-tech cooling in mines.
San Marcos CEO, Bob Willis stated: As we continue preparations to drill our 1068 copper, molybdenum and gold porphyry system, ongoing corporate strategic planning relating to new acquisitions and joint ventures could lead to significant opportunities for our shareholders. Our goal is, and has always been, to maximize stakeholder value through efficient use of our treasury for exploration and expanding our property portfolio.
Millrock Resources Inc. announces that it plans to raise gross proceeds of up to $1,600,000 through a non-brokered private placement of up to 6,400,000 units priced at $0.25 per Unit.
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