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BRIEF-Amarc and Hudbay partner to advance the Ike copper porphyry district
July 6, 2017 / 11:48 AM / in 5 months

BRIEF-Amarc and Hudbay partner to advance the Ike copper porphyry district

July 6 (Reuters) - Amarc Resources Ltd

* Amarc and Hudbay partner to advance the Ike copper porphyry district

* Amarc Resources Ltd - entered into a mineral property farm-in agreement with Hudbay Minerals Inc

* Amarc Resources Ltd - under terms of agreement Hudbay may acquire up to a 60% ownership interest in Amarc’s 462 km(2), 100%-owned Ike copper porphyry district

* Amarc Resources Ltd - Hudbay can earn an initial 49% ownership interest in Ike project by funding $25 mln of expenditures before December 31, 2020 Source text for Eikon: Further company coverage:

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