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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 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.


TSXV:AHR - Post by User

Post by MisterMarketon Oct 27, 2023 11:41pm
256 Views
Post# 35705373

Exploration News

Exploration NewsAmarc  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.
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