UPDATE: Amarc Down 5% as Commences Work on Five Major Targets at its Galileo Project Near Blackwater, B.C.

By MidnightTrader.com Staff,

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Amarc Resources Ltd. (AHR.V), which is trading at a year low 19 cents, announced that field evaluation of five extensive, sulphide mineralized systems defined in 2011 by Induced Polarization ( IP ) ground geophysical surveys has commenced at its 100%-owned Galileo Project, located in south-central British Columbia ( BC ). The approximately 990 square kilometre Galileo property lies 16 kilometres west of New Gold's seven million ounce-plus bulk tonnage gold discovery at Blackwater and proximal to the notable gold-silver deposits at Capoose and 3Ts.

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This article appears in: Investing Commodities
Referenced Stocks: BC , IP

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