Millrock Resources
Financials:
Primary ticker: TSXV:MRO, OTCQB:MLRKF
Stage of development: Exploration
Primary minerals: Gold, Copper, Nickel, Platinum Group Elements
Project to promote: Various projects in the state of Alaska USA and Sonora Mexico
Project location: Alaska USA and Sonora Mexico
Website: millrockresources
Millrock is a premier project generator company focused on discovery and development of high value metallic mineral deposits in two jurisdictions with outstanding potential: the State of Alaska USA and Sonora State Mexico.
Cash: CAD$0.2M
Debt: Nil
Major shareholders:
Strategic Investors 15%
RedPlug Capital 20%
Sprott Global & clients 9%
EMX Royalties 8%
Management Ownership – 6%
Management Profile
Greg Beischer – President and CEO
Mr. Beischer is a seasoned explorationist with a solid track record of success, previously with Inco Ltd., and the Bristol Bay Native Corporation. He is a geologist and mining engineering technologist having graduated from Laurentian University (1987), Sudbury, Ontario, and the Haileybury School of Mines (1981), Haileybury, Ontario.
Mr. Beischer is a seasoned explorationist with a solid track record of success, previously with Inco Ltd., and the Bristol Bay Native Corporation. He is a geologist and mining engineering technologist having graduated from Laurentian University (1987), Sudbury, Ontario, and the Haileybury School of Mines (1981), Haileybury, Ontario.
Mr. Beischer is a certified professional geologist (#10505) with the American Institute of Professional Geologists and he is the past President of the Alaska Miner’s Association, and serves on the Alaska Minerals Commission.
What is your rationale for taking part 121 Mining Investment?
Millrock seeks to elevate its profile amongst investors and for equity raises.
What recent news would you like to highlight to investors attending?
Millrock has acquired a new nickel-platinum group element project that is attracting attention.
What are your key goals for the next 3, 6 and 12 months?
3 Months:
Get ready to drill Nikolai project.
6 Months:
Complete drilling and other exploration at Nikolai.
12 Months:
Calculate maiden resource at Nikolai.
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
Main risk is low treasury. Therefore we plan an equity raise.
What do you think makes your company such a compelling investment?
Exposure to discovery success and share price increase.
What are the top 3 key investor takeaways?
- Drilling will likely result in a maiden resource and company rerate.
- Peers measure market caps in 100s of millions. Millrock should too.
- Domestic source of energy metals.