The Conversation (0)
Amarc Resources (“Amarc” or the “Company”) (TSXV: AHR; OTCBB: AXREF) announced results from the 2016 field programs at the IKE porphyry copper-molybdenum-silver discovery and surrounding district, located near Gold Bridge, British Columbia. As quoted in the press release: This year, 1,923 m of core drilling was completed at IKE in 3 drill holes. Two of …
Amarc Resources (“Amarc” or the “Company”) (TSXV: AHR; OTCBB: AXREF) announced results from the 2016 field programs at the IKE porphyry copper-molybdenum-silver discovery and surrounding district, located near Gold Bridge, British Columbia.
As quoted in the press release:
This year, 1,923 m of core drilling was completed at IKE in 3 drill holes. Two of the holes (16020 and 16021) were collared in the southern part of the IKE deposit-area and returned grades that compare favourably to the range of copper equivalent grades at operating BC porphyry copper mines. A single drill hole (16019), located 800 m west of the IKE deposit, intercepted intervals of low grade copper and molybdenum over its 477 m length.
All 21 holes drilled at IKE (2014-9 holes; 2015-9 holes; 2016-3 holes) have intersected long intervals of chalcopyrite and molybdenite mineralization over an increasingly broad area measuring 1,200 m east-west by 1,000 m north-south, and extending to depths of over 500 m.
At Mewtwo, an historical ASTER satellite survey outlined a prominent, north-northwest trending zone of kaolinite-illite alteration coincident with a rhyolite dyke swarm located west of the IKE deposit. Talus fines and rock chip samples have outlined a 5.5 km long silver-lead-zinc±gold geochemical anomaly. Two selected rock grab samples in this area returned 173 g/t and 505 g/t Ag. This extensive silver (± gold) epithermal-style anomalous zone requires further exploration to determine its importance.
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