Business
Amarc Provides Update on Programs Exploring for Major New Gold-Copper Deposits within the Plateau Gold-Copper Belt, British Columbia
Amarc Provides Update on Programs Exploring for Major New Gold-Copper Deposits within the Plateau...
About this update from Amarc Resources Ltd.
[{"type":"text","content":"\n\n\n\n Aug. 18, 2010 (Canada NewsWire Group) -- \n\n \n \n \nTR.cnwUnderlinedCell TD {\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD {\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD {\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell {\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell {\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell {\n BORDER-BOTTOM: #000000 3px solid\n}\n\nVANCOUVER, Aug. 18 /CNW/ - Amarc Resources Ltd. ("Amarc", or the "Company") (TSX Venture: AHR; OTCBB: AXREF) is pleased to provide an update on ongoing exploration activities within its 100% owned Plateau Gold-Copper Belt, located in south-central British Columbia ("BC"). Amarc considers that this 3,300 square kilometre claim package holds significant potential for the discovery of gold-copper porphyry and epithermal gold type deposits.\nField activities within the Plateau Gold-Copper Belt are currently focused on claims extending southward from Amarc's Newton bulk tonnage gold project. Twenty-three priority targets were defined in this area by combining public domain data and interpretations with the results of a 7,000-line kilometre ZTEM survey (Z-Axis Tipper Electromagnetic system) and a high-sensitivity magnetometer airborne geophysical survey over the Plateau Gold-Copper Belt, the Newton property and other known deposits in the region (see Amarc press release January 19, 2010).\nField assessment of the 23 priority targets commenced upon receipt of work permits earlier this summer. Amarc has a 22-person team, including employees from local communities, in the field operating in four crews. To date, over 10,000 grid soil geochemical samples have been taken and 55 line kilometres of Induced Polarization (IP) ground geophysical surveys along with extensive prospecting have been completed. These programs are ongoing.\n"Initial results from our comprehensive district-scale exploration program in the southern sector of the Plateau Gold-Copper Belt have defined to date two outstanding copper-molybdenum multi-element soil geochemical anomalies, each exceeding 1,500 metres in length and ranging up to 1,000 metres in width. Both these targets remain open for extension and will be further assessed by ground geophysical surveys," confirme...