Amarc Resources Ltd. reports developments from a British Columbia mineral exploration and development portfolio focused on porphyry copper-gold systems. Recurring updates cover the JOY District in the Toodoggone region, including the AuRORA copper-gold-silver deposit, the TWINS and CANYON discoveries, and the PINE and Brenda deposits, as well as the DUKE District in the Babine region and the IKE District.
Company news also covers joint venture and earn-in relationships with Freeport-McMoRan Mineral Properties Canada at JOY and Boliden Mineral Canada at DUKE, exploration drilling and assay results, technical-team additions, investor relations activity, conference participation and securities listings such as the Frankfurt Stock Exchange trading symbol AQ5.
Amarc Resources (TSXV:AHR)(OTCQB:AXREF) has completed a successful environmental collaboration at the JOY District in north-central British Columbia. The project, undertaken in partnership with Tsay Keh Dene Nation, Kwadacha Nation, and Takla Nation, focused on reclaiming two historical exploration camp sites abandoned by previous operators.
The reclamation was carried out at the Stealth and Pine exploration camps, with Chu Cho Industries providing labor and equipment at Stealth, and Kwadacha Nation assisting at Pine. Amarc and Freeport-McMoRan Mineral Properties Canada Inc., who are advancing JOY, demonstrated their commitment to environmental protection and responsible mineral development through this initiative.
A video showcasing the environmental reclamation is now available on the Amarc website, highlighting the collaborative effort and successful outcome of the project.
Amarc Resources announced the commencement of extensive core drilling at its 100%-owned JOY Copper-Gold District in British Columbia. Partnered with Freeport-McMoRan, this fully-funded program aims to discover porphyry Cu-Au deposits across eight large drill-ready sulphide mineralized systems. Focused on the PINE, Canyon, Twins, and SWT Targets, the program includes testing new and existing mineralized zones, such as NWG and the MEX Trend. Previous drilling has shown promising results with notable Cu, Au, and Ag concentrations. The program is a culmination of two years of geological, geophysical, and geochemical studies, designed to uncover significant mineral deposits.
Amarc Resources has resumed drilling at its DUKE porphyry copper-gold district in British Columbia. The summer focus is on the SVEA Deposit Target and the JO porphyry Cu-Au discovery. Initial results from historical drill holes and recent surveys show promising potential for substantial Cu-Au mineralization.
During the 2024 winter, nine drill holes totaling 4,828.2 meters were completed at the DUKE Deposit. Seven of these intersected significant Cu-Mo mineralization. Notable results include:
- 71m of 0.45% CuEQ in hole DK24033
- 110m of 0.38% CuEQ in hole DK24034
- 203m of 0.28% CuEQ in hole DK24035
- 48m of 0.34% CuEQ in hole DK24036
- 208m of 0.26% CuEQ in hole DK24037
Boliden Mineral Canada is continuing its earn-in agreement with a $10 million budget for 2024.
Amarc Resources announces its executive team's participation in two conferences in May 2024. The company will be presenting at the Metals Investor Forum Vancouver on May 10-11 and attending the 121 Mining Investment London Conference on May 15-16. Dr. Diane Nicolson, President & CEO, will lead the presentations and meetings at both events, showcasing Amarc's extensive Cu-Au Districts in British Columbia with funding secured for exploration drilling in 2024.
Amarc Resources is set to begin an extensive 2024 drilling program at its JOY Copper-Gold District in British Columbia funded by Freeport-McMoRan. The program aims to discover porphyry Cu-Au deposits and build upon previous geological surveys. The NWG Copper-Gold Porphyry Target, a new exciting prospect, shows strong scientific evidence for a potential porphyry system with multiple mineral anomalies. The drilling program is scheduled to begin in June, focusing on various mineral systems across the JOY District.
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