Amarc Resources has announced results of a recently completed, successful six core hole drill program at its Duke copper-molybdenum-silver-gold porphyry project in British Columbia.
Amarc Resources (TSXV:AHR) has announced results of a recently completed, successful six core hole drill program at its Duke copper-molybdenum-silver-gold porphyry project in British Columbia.
As quoted in the press release:
The six new drill holes (DK18003 through DK18008) completed at Duke were designed to begin delineating the geometry and grade distribution of extensive porphyry copper-style mineralization discovered by two holes (DK17001 and DK17002) completed by Amarc in late 2017. Seven of the eight holes drilled have successfully outlined porphyry copper-style mineralization over an area currently measuring approximately 400 north-south by 600 m east-west, and open to expansion in all directions. The deposit lies below flat-lying glacial till, which varies from 4 m to 18 m thick in the holes drilled, with mineralization extending to the depth of drilling – over 360 m deep. Mineralization is mainly hosted by biotite-feldspar-porphyry intrusions into volcanic rocks. These rock types also host the Bell, Morrison and Granisle porphyry copper deposits in the region.
President and director of Amarc, Dr Diane Nicholson said:
“The successful results from Amarc’s core drilling programs at Duke clearly indicate the presence of an important new BC porphyry copper-molybdenum-silver-gold deposit, with copper equivalent grades comparable to those currently being mined and processed at operating mines in British Columbia. Over the next few months, the company will consider how best to undertake the extensive further drilling required to delineate the geometry and grade distribution of this promising discovery.”