Millrock Stakes More Claims in Alaska Mine

Gold is a "go-getter" kind of metal, and the field for miners to make their fortunes is a wide-open one, very competitive.

Vancouver–based Millrock Resources Inc. (OTC:MLRKF) announced Wednesday it has staked two more blocks of claims in the Goodpaster Mining District in Alaska. These claims are in addition to a very large block of claims staked by the company, announced last month.

Millrock’s claim holdings in Goodpaster now includes 1,176 claims covering 66,050 hectares in three discrete tracts.

One of the company’s senior geologists, Christopher Van Treeck, told the media, "It is surprising that there has been so little exploration conducted over what we now call the North Pogo project. If Goodpaster Batholith related plutons can produce the gold deposit currently being mined at Pogo on the batholith’s south side, there is equal potential to form gold deposits on the north side."

Investors were in the midst of catching Millrock’s fire as morning became afternoon on Wednesday, taking on a penny to $1.24, on volume topping one million shares.