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BRIEF-Amarc and Hudbay Partner to advance Joy Copper-Gold Porphyry project
August 22, 2017 / 11:49 AM / a month ago

BRIEF-Amarc and Hudbay Partner to advance Joy Copper-Gold Porphyry project

Aug 22 (Reuters) - Amarc Resources Ltd

* Amarc and Hudbay Partner to advance the Joy Copper-Gold Porphyry project

* Amarc Resources Ltd - ‍under terms of joy agreement, hudbay may acquire through a staged investment process, up to a 60% ownership interest in project​

* Amarc Resources - ‍Hudbay can earn initial 49% interest in Joy project under stage 1 farm-in right by funding $15 million of expenditures before Dec 31, 2020 Source text for Eikon: Further company coverage:

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