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Bullboard - Stock Discussion Forum 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... see more

TSXV:AHR - Post Discussion

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Post by seveneleven711 on Jan 16, 2025 11:06am

opinion

I suspect that more people will be looking at this discussion. Always keep in mind that the actual drill results will do the talking. That said, what we know is that Amarc/Freeport is hunting for a large AU/AG/CU porphyry at JOY and Amarc/Boliden for a similar porphyry at DUKE which are economical.

What is large and economical? A 2 billion tonne mineralized ore porphyry with .8% CUEQ example would do the trick. After metallurgy/recovery rate we would have $100CAN rock in each tonne. Meaning $200B CAN. in the ground. Thats what they are looking for.

Note that grades of .6% CUEQ is still fantastic and 1% CUEQ would be a dream come true. GLTA
Comment by Yifto1 on Jan 17, 2025 7:14am
Mining guys.....thoughts on the results  To an amateur like myself they do look impressive 
Comment by Heliamazonas on Jan 17, 2025 8:33am
Looks impressive to me.
Comment by MineralQuest on Jan 17, 2025 2:07pm
They are indeed impressive especially given the gold grades.