The Stewart Golden Triangle in northern British Columbia is becoming a truly world-class mining camp.
Millrock currently has 4 active projects in the area including Oweegee Dome, Todd Creek, Poly, and Willoughby.
Millrock has chosen this district as a focus area for the following reasons:
1. Prospective Geology:
- the Jurassic Hazelton stratigraphy has an extraordinary metal endowment;
- long-lived mineralizing system that developed a diversity of metallic mineral deposit types;
- epithermal gold veins, porphyries, volcanogenic massive sulfide, mesothermal veins;
- deposits are known to have exceptional grade;
- examples include Pretivm’s Brucejack deposit (epithermal vein deposit), Seabridge’s KSM deposit (gold-copper porphyry), Barrick Gold Corporation’s Eskay Creek (precious metals enriched volcanogenic massive sulfide), Granduc (Besshi – type volcanogenic), and Ascot’s Premier – Silbbak deposit (mesothermal vein);
- recent advances in understanding of deposit emplacement parameters; and
- rapidly receding glaciers exposing previously unseen mineralization and alteration zones.
2. Great Infrastructure:
- Anchored by the town of Stewart, a year-round, ice-free port on the Pacific Ocean;
- Recent construction of the Northwest Transmission Line;
- New run-of-river hydroelectric projects;
- New powerlines to the Red Chris gold-copper porphyry and the Brucejack gold deposit; and
- New roads to resources including Brucejack, Red Chris, extension of Eskay Mine road to the KSM deposit and, Snip and Johnny Mountain areas.
3. Mining Welcome:
- Support and participation and partnerships for mining projects from First Nations;
- Support and endorsement from local, provincial and federal governments; and
- BC mineral exploration tax incentive provides a rebate of 20% on qualifying exploration expenditures.