Millrock Resources Inc at Denver Gold Americas Explorer & Developer Forum (Virtual) Transcript

Sep 13, 2021 / 08:20PM GMT
Gregory Beischer - Millrock Resources, Inc. - President & CEO, Director

Well, thank you very much. I'll tell you today about my company, Millrock. It is recognized now as, I would say, the premier project generator in Alaska.

So generators can make discoveries that make truly remarkable returns for investors. And here's a few of the more successful generators, and we aim to recreate that kind of success. I think you know what you're looking for here.

We truly are early-stage exploration specialists. It's the highest risk part of the whole mining industry, but it can produce also the biggest rewards. But it is the riskiest part, and so, to reduce that risk, we take an approach where we operate multiple exploration projects at any one time. And the only way we can do that is by funding the exploration through partnerships with other companies, be they other juniors or major mining companies.

This is how it works. We stake or acquire low-cost mineral rights, but we immediately, or as soon as possible, make an agreement with another company. They fund the exploration. If there

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