Minorca drilling Rodeo Creek gold property

Drills are turning at Montreal-listed Minorca Resources’ Rodeo Creek property in Nevada’s Carlin trend.

The main target of the 4,000-ft. program is a fault structure which crosses a well-known gold feeder system. The area exhibits a strong alteration halo coincident with anomalous concentrations of gold, arsenic and antimony. The structure has been traced over a strike length of 3,500 ft.

To fund the drill program, Minorca sold its 29% interest in the Battle Creek oil and gas pool for $1.3 million. It also raised $3.2 million in a private placement of 5 million special warrants.



Republish this article

Be the first to comment on "Minorca drilling Rodeo Creek gold property"

Leave a comment

Your email address will not be published.


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.