Hole no.4 - 950 meters Millrock President & CEO commented: “Hole 20AU004 is an exciting hole to drill. We believe the gold mineralization at surface is a good indicator for gold below surface in flat-lying structures. We are drilling through the target zone now. The ZTEM survey, if successful in detecting the conductive zones initially indicated by the CSAMT ground-based method, could result in great efficiencies in future exploration of other prospects across our expansive, district-scale land holdings
Highlights:
• The planned program of 2,300 meters in three holes is well underway.
• Hole 20AU003 has been completed and tested gently northwest-dipping structures
detected by CSAMT geophysical surveys in a low magnetic area.
• Hole 20AU004 is in progress and is being drilled to 950 meters to test a CSAMT conductor in the vicinity of the Half-Ounce Gulch gold prospect.
• Assay results from the current program are anticipated in late August/early September.
• An airborne magnetic ZTEM – MAG survey has been completed over the Aurora and Echo Targets, as well as the neighbouring Goodpaster gold deposit.
• Detailed airborne magnetic surveys are being flown in a collaborative effort with the State of Alaska Division of Geological and Geophysical Surveys.
• Plans are being made to test the Echo target, which is located in the down-dip direction from the adjacent Pogo Mine and Goodpaster prospect on the adjacent property owned by Northern Star Resources Limited.
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