Business
/C O R R E C T I O N from Source -- Amarc Resources Ltd./
/C O R R E C T I O N from Source -- Amarc Resources Ltd./
About this update from Amarc Resources Ltd.
[{"type":"text","content":"\n\n\n\nVANCOUVER, Apr. 14, 2010 (Canada NewsWire Group) -- /CNW/ -- Amarc Resources Ltd. (\"Amarc\", \"the Company\") (TSX Venture: AHR; OTCBB: AXREF) is pleased to provide an update on its activities to advance the Newton bulk tonnage gold discovery and the adjacent, highly prospective Plateau Gold-Copper Belt located near Prosperity gold-copper mine development in south-central, British Columbia (BC) which is in the permitting stage.\"Amarc has planned comprehensive field programs for 2010 with the goal of determining the full extent of the Newton bulk tonnage gold discovery made in late-2009 and exploring the extensive new claim holdings which cover the adjacent Plateau Gold-Copper Belt,\" said Amarc Executive Chairman Bob Dickinson. \"The Company is funded to undertake a range of exploration activities to start shortly and expects to generate positive results from throughout the region over the ensuing months.\"Amarc initiated its 2010 field activities by undertaking a 7,000 line-kilometre ZTEM (Z-Axis Tipper Electromagnetic system) survey and a high-sensitivity magnetometer airborne geophysical survey over the Newton property, other regional anomalies and the Plateau Gold-Copper Belt (see Amarc press release January 19, 2010). This survey has been completed and is now being compiled and analyzed. The survey is considered to be one of the largest airborne geophysical surveys ever undertaken by an exploration company in BC.The geophysical signatures of Newton and other known mineral occurrences in the region have been established and are now being used, in conjunction with public domain data and in-house knowledge, to define previously unrecognized targets within the Newton and Plateau Gold-Copper Belt properties. In addition, Amarc has retained a world-class structural geologist to assist in the prioritization of compelling deposit targets.\"We are extremely encouraged by the high-quality targets that have already been identified over the approximately 2,800 square kilometres of mineral claims, 100% owned by Amarc, within the Plateau Gold-Copper Belt,\" Dickinson said. \"Our geologists believe these targets have high potential to host significant gold-copper porphyry deposits, as well as potential epithermal styles of precious metals mineralization. An experienced regional technical team has been assembled and will be deplo...