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Article: Amarc Commences Drilling the Newton Bulk Tonnage Gold Deposit Target in BC.
- Article from:
- Biotech Week
- Article date:
- November 4, 2009
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Amarc Resources Ltd. ("Amarc" or the "Company") (TSX-V: AHR; OTCBBB: AXREF) announces that core drilling has commenced at the Newton property located in south central British Columbia. Amarc management considers the Newton property to be highly prospective for bulk tonnage-style gold (+/- copper) mineralization. Amarc recently signed an Option and Joint Venture Agreement (the "Newton Agreement") by which it can acquire 80% of the Newton property from High Ridge Resources Inc. ("High Ridge") (see also Amarc Resources Ltd.).
Historical drilling at the Newton property tested for porphyry-style copper-gold mineralization with low grade results. However, two drill ...