Amarc is a British Columbia-based mineral exploration and development company focused on developing the IKE Project, an exciting new porphyry copper deposit discovery in British Columbia ("BC"). Amarc is led by an experienced management team with a demonstrated history of advancing exploration and development projects and delivering outstanding value to shareholders. The company is publicly traded in Canada on the TSX Venture Exchange (AHR) and in the United States on the Over the Counter Bulletin Board (AXREF).
Amarc has made a significant copper-molybdenum-silver discovery at its IKE project located in the heartland of the province's copper mining industry. Assay results received from an initial nine hole (5,400 metre) diamond drill program have confirmed the presence of an important porphyry deposit. The nine discovery drill holes intersected chalcopyrite and molybdenite mineralization from surface and over a broad area, measuring 1,200 metres east-west by 600 metres north-south and to a depth of approximately 500 metres. Mineralization at IKE remains open in all lateral directions and to depth. The discovery holes and post-drilling geological, geochemical and geophysical surveys completed outwards from the drilled area indicate that the IKE porphyry system has the potential for important-scale resource volumes.
Amarc has secured additional mineral claims in the IKE area to cover other compelling deposit targets and potential infrastructure sites
A comprehensive corporate and technical business plan is being implemented to efficiently move IKE forward.