Mexico

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Millrock has chosen Mexico as one of its target mineral exploration for the following reasons:

  • Excellent and proven geological potential to host major ore deposits;
  • Near-surface deposits can still be discovered;
  • Excellent infrastructure – road, rail, power, ports;
  • Secure and stable land tenure system;
  • Reasonable (though recently increased) taxation;
  • Reasonable regulation and permitting system;
  • Low cost of exploration and development;
  • Good public geological database;
  • Manageable security risk in the areas of the country we choose to work;
  • Acceptable political risk and geopolitical stability;
  • Recent mining law reforms are forcing long-held mining claims to relinquish (high work requirements after year 5);
  • Economic downturn has caused companies to abandon mining claims;
  • Great potential to generate numerous projects at low cost;
  • Strong possibilities to get earn-in partners to participate – favorably viewed jurisdiction.

We have a competitive advantage by virtue of our proprietary geological database and operational ability of our staff.