Business

Amarc Provides Update on IKE, JOY and DUKE 2017 Exploration Programs

Amarc Provides Update on IKE, JOY and DUKE 2017 Exploration Programs Canada NewsWi...

articleAmarc Resources Ltd.November 7, 20174/company/amarc-resources-ltd/news/amarc-provides-update-on-ike-joy-and-duke-2017-exploration-programs
Amarc Provides Update on IKE, JOY and DUKE 2017 Exploration Programs

About this update from Amarc Resources Ltd.

[{"type":"text","content":"\n\n\n\nAmarc Provides Update on IKE, JOY and DUKE 2017 Exploration Programs\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Nov. 7, 2017\n\n\n\nVANCOUVER, Nov. 7, 2017 /CNW/ - Amarc Resources Ltd. (\"Amarc\" or the \"Company\") (TSX-V: AHR; OTCBB: AXREF) is pleased to provide an update on its ongoing 2017 exploration work. Amarc has completed the field components of the $3.3 million 2017 program at IKE and the $1.9 million 2017 program at JOY, while the 2017 drill program at DUKE is underway. Fieldwork has included airborne magnetic and ground-based induced polarization (\"IP\") geophysical, geological, and geochemical surveys and drilling. Assay work on core samples from drilling at IKE and JOY is still in progress with the first core samples from DUKE currently being transported to the laboratory.  Amarc will provide the results from drilling for each project once the Company has the QA/QC'd assay data. \n\nAmarc is focused on developing a new generation of British Columbia (\"BC\") porphyry copper mines and is advancing its 100%-owned IKE, DUKE and JOY porphyry copper districts, located in southern, central and northern BC, respectively.  These projects represent significant potential for the discovery of multiple and important-scale, porphyry copper-gold and copper-molybdenum deposits and are being substantially advanced with their respective 2017 work programs.  Presentations and news will be updated and posted as compilation of incoming data is completed.\n\nAt IKE, Amarc has made a major porphyry copper-molybdenum-silver discovery, completing over 12,000 m of drilling in 21 wide-spaced core holes in the IKE deposit from 2014-2016. The IKE deposit has the potential for extensive resource volumes and remains open to expansion in all directions. Extensive regional surveys also identified numerous porphyry copper deposit targets, all within 10 km of the IKE deposit. As announced earlier this year, Amarc has partnered with Hudbay Minerals Inc. (\"Hudbay\") (TSX-HBM; NYSE:HBM) to fund advance...

More updates from Amarc Resources Ltd.