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Amarc Exploration Progresses Goal to Achieve a New Generation of BC Porphyry Copper Mines
Amarc Resources Ltd. (“Amarc” or the “Company”) (TSX-V: AHR; OTCBB: AXREF) is pleased to provide results of its 2017 exploration programs, which focused on advancing development of a new generation of British Columbia (“BC”) porphyry copper mines. Each of its 100% owned IKE, DUKE and JOY projects located in southern, central and northern BC, respectively, have proximity to …
Amarc Resources Ltd. (“Amarc” or the “Company”) (TSX-V: AHR; OTCBB: AXREF) is pleased to provide results of its 2017 exploration programs, which focused on advancing development of a new generation of British Columbia (“BC”) porphyry copper mines. Each of its 100% owned IKE, DUKE and JOY projects located in southern, central and northern BC, respectively, have proximity to industrial infrastructure, power, rail and roadways. This year, Amarc completed a $3.3 million surface exploration and drill program at IKE, a $400,000 drill program at DUKE and a $1.9 million surface exploration and drill program at JOY. Amarc believes these projects rank among BC’s most important new mineral developments.
As quoted in the press release:
Work at the IKE property has now delineated a copper-molybdenum-silver mineralized system measuring at least 3.5 km by 2 km through combined induced polarization (“IP”) surveys, talus geochemical sampling and the earlier drilling of 21 core holes at the IKE deposit. The sulphide mineralized IKE system has the geological earmarks of important copper-molybdenum-silver mines like Morenci and Sierrita in Arizona, and Valley in BC. In addition, at least five significant porphyry copper deposits targets have been established within 10 km of the IKE discovery.
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