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Amarc Resources Ltd V.AHR

Alternate Symbol(s):  AXREF

Amarc Resources Ltd. is a Canada-based mineral exploration and development company. The Company is focused on developing a new generation of long-life, high value British Columbia (BC) porphyry copper-gold (Cu-Au) mines. The Company is advancing its JOY, DUKE, and IKE porphyry Cu+Au deposit districts located in northern, central and southern BC, respectively. Its 100%-owned, 495 square kilometers (km2) JOY District covers the northern extension of the prolific Kemess porphyry Cu-Au district (the Kemess District) in the Toodoggone region of north-central BC. The JOY claims are located over 20 km north of the former Kemess South Mine. The Company’s 678 km2 DUKE District is located 80 km northeast of Smithers within the broader Babine Region, one of BC’s most prolific porphyry Cu-Au belts. The 462 km2 IKE District, also 100% owned by Amarc, is located 33 km northwest of the historical mining community of Gold Bridge near the heartland of BC’s producing porphyry Cu mines.


TSXV:AHR - Post by User

Post by seveneleven711on May 12, 2021 2:06pm
168 Views
Post# 33183956

opinion/prediction

opinion/predictionIf you do your DD you will discover that the first phase drilling should be about 5000m. The AHR CEO has done an exceptional job on the recent JOY technical report. They know where to drill. If the results are as good as I think they might be then after the drilling is complete and assays are in hand the the JOY property could be worth $300 to $400 million to AHR. It will all depend on drill results.
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