Millrock Acquires Option on La Navidad Gold Project and Makes Joint Venture Agreement With Centerra Gold, Sonora State, Mexico
VANCOUVER, BC--(Marketwired - June 13, 2017) - Millrock Resources Inc. (TSX VENTURE: MRO) ("Millrock") announces it has entered an option agreement to purchase the La Navidad gold project from a private Mexico firm, Western Mining S.A. de C.V ("Western"). The concessions under option are adjacent to surrounding concessions already held by Millrock. Together the district-scale land package covers more than 25,000 hectares in the Magdalena di Kino Mining area of Sonora State, Mexico. Simultaneously with the purchase agreement, Millrock has entered an option to joint venture agreement with Centerra Gold Inc. ("Centerra"). Centerra will fund initial exploration on the project. Work is scheduled to begin immediately.