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Amarc Acquires Options from Gold Fields and Cascadero to Purchase PINE Porphyry Copper-Gold Property, BC
Aug. 29, 2017 08:52AM PST
Base Metals Investing Amarc Resources Ltd. (“Amarc” or the “Company”) (TSX-V: AHR; OTCBB: AXREF) is pleased to announce that option agreements have been concluded with each of Gold Fields Toodoggone Exploration Corporation (“GFTEC”) and Cascadero Copper Corporation (“Cascadero”) which enable Amarc to purchase 100% of the 323 square km PINE mineral property (the “Property”). As quoted in the …
Amarc Resources Ltd. (“Amarc” or the “Company”) (TSX-V: AHR; OTCBB: AXREF) is pleased to announce that option agreements have been concluded with each of Gold Fields Toodoggone Exploration Corporation (“GFTEC”) and Cascadero Copper Corporation (“Cascadero”) which enable Amarc to purchase 100% of the 323 square km PINE mineral property (the “Property”).
As quoted in the press release:
The PINE property is located adjacent to the south of Amarc’s JOY property and adjacent to the north of AuRico Metal’s Kemess District developments in the Toodoggone, British Columbia (“BC”); a region considered to have high potential for the discovery of important scale, porphyry copper-gold deposits. Combining the JOY and PINE mineral claims along with recently staked adjoining claims creates a consolidated, 464 km2 mineral property.
