Drilling Significantly Expands Pine Cu-Au Deposit V. AHR VANCOUVER, BC / ACCESSWIRE / March 2, 2023 / Amarc Resources Ltd. ("Amarc" or the "Company") (TSXV:AHR)(OTCQB:AXREF) is pleased to announce the results of 2022 drilling at the PINE Deposit, and from scout drilling at prioritized porphyry copper-gold ("Cu-Au") deposit targets clustered across its 482 km2, 100%-owned JOY District (or "JOY"), in north-central British Columbia ("BC"). During the 2022 season Amarc completed 37 core holes (15,427 m) that considerably expanded the PINE Deposit to over a 1,700 m strike length, discovered new porphyry Cu-Au mineralization at the 5 km2 Canyon deposit target, and further defined additional deposit-scale porphyry systems requiring exploration drilling.
Over the past two years, Freeport-McMoRan Mineral Properties Canada Inc. ("Freeport"), which is earning-in at JOY, has invested approximately $20 million advancing exploration programs (see Amarc release October 11, 2022). Amarc is operator of the project.
Amarc Joy District Drilling Significantly Expands Pine Cu-Au Deposit and Makes Important New Discovery at Canyon (accesswire.com)