Amarc Resources Ltd V.AHR

Alternate Symbol(s): AXREF

Metals & Mining Industrial Metals & Minerals

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 porphyry copper-gold (Cu-Au) mines in British Columbia (BC). 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 772 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 673 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.

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Comment by BrokenArrow44on Sep 20, 2022 3:08pm

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RE:fyi

seveneleven711 wrote:

That sounds promising indeed!!

2022-09-13 09:04 ET - In the News

See In the News (C-CIA) Champion Iron Ltd

The Globe and Mail reports in its Tuesday, Sept. 13, edition that merger and acquisition activity is picking up in mining, as global companies snap up smaller producers of metals that are essential to an electrified economy. The Globe's Andrew Willis writes that analysts predict targets in the next round of acquisitions will include companies that have producing mines around the world, including Champion Iron, Copper Mountain Mining, First Quantum Minerals, Hudbay Minerals and Ivanhoe Mines. Judging by the latest round of deal making, Mr. Willis says the tone of the takeovers is likely to be hostile. Four analysts at Scotiabank concluded this month that major international miners own very few quality development projects. However, they do have strong balance sheets, courtesy of the recent strength in commodity markets. Mr. Willis says that is a starting point for a boom in M&A activity. He says the frenzy is being fuelled by investors willing to pay a premium for mining stocks that offer exposure to metals used in high-growth sectors, such as electric-vehicle manufacturing. Scotiabank analysts say large global mining companies are now shopping for bargains in Canada.