Status: Available for Option
The target at Los Chivos is a Herradura-style, orogenic gold deposit.
Location and Setting
The Los Chivos project is located in Baja California Norte, Mexico.
The property consists of a single claim totaling 240 hectares, controlled 100% by Millrock subject to production royalties of 1.5% on gold and 1% on other metals.
Geology and Mineralization
Reconnaissance exploration has defined high-grade vein mineralization in the district with possible potential for larger Herradura-style orogenic gold deposits. The immediate area of the main vein showing at Los Chivos has yielded chip samples to 11 gpt Au over 1 m.
Further work is recommended only if a larger land position becomes available to explore for a larger style target. There are numerous high grade veins in the district and favorable geology.
Agreement and Terms
Millrock is currently seeking potential joint venture partners for the Project. If desired, Millrock can serve as operator on behalf of an earn-in partner.
“THE TECHNICAL INFORMATION WITHIN THIS DOCUMENT HAS BEEN REVIEWED AND APPROVED BY GREGORY A. BEISCHER, PRESIDENT & CEO OF MILLROCK RESOURCES INC. MR. BEISCHER IS A QUALIFIED PERSON AS DEFINED IN NI 43-101.”