Project Mike, project Ike... they're in good company:
''The 462 km2 IKE Project is located 33 km northwest of the historical mining community of Gold Bridge. Through its work over the last three years, Amarc has made a significant new porphyry copper-molybdenum-silver discovery, completing over 12,000 metres of drilling in 21 wide-spaced core holes in the IKE deposit. This drilling indicates the IKE deposit has the potential for extensive resource volumes which remain open to expansion in all directions. Extensive regional surveys have also identified numerous porphyry copper (±molybdenum±gold±silver) deposit targets all within 10 km of the IKE deposit. Amarc believes the IKE Project has the potential to possess the grades and tonnages to develop into an important mining camp. Amarc has partnered with Hudbay Minerals Inc. (“Hudbay”) (TSX-HBM; NYSE:HBM) to efficiently fund the advancement of the IKE Project (see Amarc News Release dated July 6, 2017). As operator, Amarc has mobilized crews to the site for the 2017 exploration season and drilling is now underway, with assay results expected to be received and compiled over the next 3 months. The 2017 exploration expenditure budget for all IKE programs is $3.3 million.''
g.p.
AI
