Business
Amarc's Exploration Programs Defining New Massive Sulphide Deposit Targets in Central BC
VANCOUVER, Oct. 14 /CNW/ - Amarc Resources Ltd. ("Amarc" or the "Company") (TSX-V: AHR, OTCBB: AX...
About this update from Amarc Resources Ltd.
[{"type":"text","content":"\n\n\n\nVANCOUVER, Oct. 14 /CNW/ - Amarc Resources Ltd. ("Amarc" or the\n"Company") (TSX-V: AHR, OTCBB: AXREF) provides an update on its on-going\nexploration programs along the highly prospective Sitlika Copper-Zinc Belt,\ncentral British Columbia. The Sitlika Belt hosts significant potential for the\ndiscovery of copper-zinc rich volcanogenic massive sulphide (VMS) deposits.\n\n\nDiamond drilling is testing the Bodine-Warren target, located within the\n669 square kilometer Bodine Block of claims, in the central area of the\nSitlika Belt (see Sitlika Copper-Zinc Belt and Regional Infrastructure map at\nwww.amarcresources.com). Amarc has an option agreement granting the right to\nacquire a 100% interest in this property through a series of staged payments\nand exploration expenditures over a four year period.\n\n\nInitial channel samples taken on the Bodine-Warren target in 2007\nreturned encouraging grades of 1.79% and 1.37% copper over 2.9 meters and\n2.4 meters, respectively. The Bodine-Warren drill targets are defined by\npositive results from soil geochemical sampling (3,300 samples), geological\nmapping, 34 line kilometers of induced polarization and ground magnetic\ngeophysical surveys. The target area hosts significant anomalous copper and\nzinc, with associated anomalous silver and lead in soils over a 2,000 meter by\n700 meter area. The prospective zone is underlain within a felsic volcanic\nrock package, with zones of strong sericite-ankerite-pyrite alteration and\nstockwork mineralization, which represents a classical environment for\nVMS type mineralization.\n\n\nThe diamond drill program that tested Amarc's 100%-owned Aspira property\nlocated near the southern end of the Sitlika Belt has been completed and\nanalytical results are pending. The 2,331 meter drill program was designed to\ntest three distinct targets over 11 kilometers of potential belt, which show\nstrong coincident geochemical soil, induced polarization geophysical and\nairborne magnetic geophysical anomalies within a permissive geological\nenvironment (announced in news release dated August 27, 2008, see Aspira\nProject maps at www.amarcresources.com).\n\n\nElsewhere along the Sitlika Belt target definition exploration programs\nare continuing with encouraging results and the definition of several\npromising new drill targets. To ...