Aug 22 (Reuters) - Amarc Resources Ltd AHR.V
* 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