Amarc Resources Ltd V.AHR

Exploration News

[MisterMarket]

Amarc  begins planning for Joy drilling in 2024

https://www.stockwatch.com/News/Item/Z-C!AHR-3470344/C/AHR


Looks like we're all set for next year.  Joy has been intensively explored and possibly some new targets can be found under the glacial overburden.  The geophysic results should show how extensive tne targets are.  The results of the 769 systematic RC samples and 1788 soil samples will give indications of what potential discoveries (if any) are like.

The NR says an extensive drill program is to start in early June---All to be fully funded by Freeport.  That's what I like to hear (AHR has no money).  Looks like Amarc may be starting to develop a good news stream.

As the box cars get shuttled around and the train prepares to leave the station the 12 cents I paid for my shares seems quite cheap.

[BrokenArrow44]

Agreed. But another year before a payday me thinks. Need the big boys to get out their cheque book.

[Yifto1]

Still waiting to see what the plans are for Empress. Would be nice if they found another major to drill 

[MisterMarket]

Empress/Ike is an unknown.  In the MD+A's it seems they want to drill Empress as soon as they have the money (as in next year).  I think they said an initial program would cost $10 million.  A program like that would give more evidence of Empress' potential  and get better terms if optioned or sold.   Management may want to keep Empress for themselves and go