Amarc Resources Ltd V.AHR

Drilling Significantly Expands Pine Cu-Au Deposit V. AHR

[Betteryear2]

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)

[Yifto1]

Decent. Attended PDAC this week. Viewed Dianne's presentation and talked to management afterwards. Boliden has drilled another 15 holes and news should be out soon. Looking at drilling Empress on its own. Hoping stock price moves to do a PP for funds to use on Empress. 3 different projects on the go. looking positive 

[copperminer]

Nice activity cm