Welcome to our dedicated page for Amarc Res news (Ticker: AXREF), a resource for investors and traders seeking the latest updates and insights on Amarc Res stock.
Amarc Resources Ltd (AXREF) specializes in exploring high-potential porphyry copper-gold deposits across British Columbia's mineral-rich districts. This dedicated news hub provides investors with verified updates on exploration progress, corporate developments, and strategic initiatives.
Access timely press releases detailing drilling results, geophysical survey findings, and partnership announcements. Our curated collection ensures transparent tracking of operational milestones from the JOY, DUKE, and IKE projects, supported by non-speculative factual reporting.
Key updates include earnings announcements, technical report publications, and joint venture developments. Each entry is formatted for clarity across devices, maintaining focus on material business developments relevant to long-term value creation in mineral exploration.
Bookmark this page for streamlined access to Amarc's official communications, or check regularly for updates on British Columbia's evolving copper-gold exploration landscape.
Amarc Resources Ltd. (TSXV:AHR; OTCQB:AXREF) has announced the successful completion of its Phase 1 core drilling program at the DUKE porphyry Cu-Au district in central British Columbia. The program utilized three drill rigs, culminating in 11,070 meters across 24 core holes. Two rigs targeted the DUKE Cu-Mo-Ag-Au Deposit, while the third focused on a significant 4.7 km² IP chargeability anomaly indicative of a mineral-rich sulfide system. The combined Phase 1 and 2 exploration programs for 2023 are budgeted at $10 million, fully funded under a partnership with Boliden Mineral Canada Ltd.. Initial drilling results show substantial copper, molybdenum, gold, and silver mineralization. Future exploration efforts will include extensive surface surveys targeting ten prioritized porphyry copper deposits.
Amarc Resources has announced positive drilling results from the PINE Deposit and scout drilling at its JOY District in British Columbia, confirming extensive porphyry Cu-Au mineralization. The 2022 drilling program included 37 core holes totaling 15,427 meters, significantly expanding the PINE Deposit to a 1,700 m strike length and identifying new mineralization at the Canyon target. Highlights include notable intercepts such as 204 m of 0.42% CuEQ. Freeport-McMoRan has invested approximately $20 million into the project, underlining a strong exploration potential within the JOY District, comprising eight extensive deposit targets.
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