par Amarc Resources Ltd. (NASDAQ:AXREF)
Amarc Announces Additional Drill Results From the AuRORA Copper-Gold-Silver Deposit Discovery in Collaboration With Freeport at the Joy District, British Columbia
VANCOUVER, BC / ACCESS Newswire / January 20, 2025 / Amarc Resources Ltd. ("Amarc" or the "Company") (TSXV:AHR)(OTCQB:AXREF) is pleased to announce additional drill results from its new, high grade, Au-rich porphyry copper-gold-silver AuRORA Deposit discovery at the Company's 100% owned JOY Copper-Gold District (or "JOY" or the "District") in the prolific Toodoggone-Kemess porphyry Cu-Au region of north-central British Columbia ("BC"). AuRORA is located within the new NWG Target, an area of the 495 km 2 JOY District that had not previously been drill tested (see Figures 1, 2 and 3). Freeport-McMoRan Mineral Properties Canada Inc. ("Freeport") is fully funding work programs at JOY to earn an interest in the project, and Amarc is the operator of all programs.
Highlights from additional AuRORA DEPOSIT Discovery Drill Holes Include:
Drill Hole | Int.1,2,3 (m) | From (m) | Incl. | Au (g/t) | Cu (%) | Ag (g/t) | CuEQ4 (%) |
JP24060 | 130 | 74 | 2.40 | 0.61 | 5.33 | 1.98 | |
81 | 104 | Incl. | 3.58 | 0.85 | 7.36 | 2.89 | |
JP24063 | 132 | 70 | 1.01 | 0.30 | 2.80 | 0.88 | |
99 | 103 | Incl. | 1.17 | 0.33 | 3.15 | 1.00 | |
JP24068 | 192 | 47 | 0.52 | 0.25 | 2.63 | 0.56 | |
83 | 104 | Incl. | 0.75 | 0.34 | 3.77 | 0.78 | |
JP24073 | 219 | 102 | 0.98 | 0.24 | 2.01 | 0.80 | |
131 | 102 | Incl. | 1.40 | 0.34 | 2.81 | 1.13 | |
95 | 138 | and | 1.62 | 0.37 | 2.94 | 1.28 | |
JP24075 | 266 | 34 | 1.24 | 0.31 | 3.42 | 1.02 | |
109 | 37 | Incl. | 2.41 | 0.51 | 5.27 | 1.89 |
Notes: See Table 1.
"Today's results build positively on previously announced holes from the AuRORA porphyry copper-gold-silver Deposit discovery," said Dr. Diane Nicolson, Amarc President and CEO. "AuRORA presents much to be excited about, including the high grades of gold, in combination with strong copper and silver values intersected, and the lateral and vertical continuity of those grades, all in a deposit that is near surface. Deposits with characteristics like these are highly sought after by copper and gold producers alike. Moreover, AuRORA is only one of several important-scale sulphide systems that have been identified by our District-wide geological, geochemical and geophysical surveys at JOY, offering excellent potential for further discoveries as we work to develop this highly prospective District."
This release reports assay data from six holes drilled along east-west Section 7900N located 100 m north of Section 7800N and the seven drill holes which were reported in Amarc release January 17, 2025. Section 7900N continued Amarc's objective of systematically stepping out, and aggressively drilling with three core rigs with a view to continue outlining an outstanding Cu-Au-Ag deposit and to confirm its high grade potential.
Table 1: JOY AuRORA Porphyry Cu-Au-Ag Deposit Discovery Section N7900 Mineralized Intervals of Significance
Drill Hole | Incl. | From (m) | To | Int.1,2,3 (m) | Au (g/t) | Cu (%) | Ag (g/t) | CuEQ4 (%) |
|---|---|---|---|---|---|---|---|---|
JP24060 | 31.00 | 59.00 | 28.00 | 0.19 | 0.16 | 0.7 | 0.27 | |
74.00 | 203.90 | 129.90 | 2.40 | 0.61 | 5.3 | 1.98 | ||
Incl. | 104.00 | 185.00 | 81.00 | 3.58 | 0.85 | 7.4 | 2.89 | |
And | 131.00 | 182.00 | 51.00 | 4.48 | 0.96 | 8.4 | 3.50 | |
JP24063 | 25.40 | 40.40 | 15.00 | 0.25 | 0.08 | 0.5 | 0.22 | |
70.40 | 202.05 | 131.65 | 1.01 | 0.30 | 2.8 | 0.88 | ||
Incl. | 102.95 | 202.05 | 99.10 | 1.17 | 0.33 | 3.2 | 1.00 | |
242.00 | 253.40 | 11.40 | 1.55 | 0.34 | 3.5 | 1.23 | ||
301.40 | 334.80 | 33.40 | 0.32 | 0.10 | 1.0 | 0.29 | ||
349.40 | 355.40 | 6.00 | 0.31 | 0.07 | 0.5 | 0.25 | ||
370.40 | 376.40 | 6.00 | 0.23 | 0.08 | 0.7 | 0.21 | ||
382.40 | 412.40 | 30.00 | 0.20 | 0.08 | 1.0 | 0.20 | ||
418.40 | 424.15 | 5.75 | 0.33 | 0.06 | 0.9 | 0.25 | ||
JP24068 | 47.40 | 239.40 | 192.00 | 0.52 | 0.25 | 2.6 | 0.56 | |
Incl. | 104.40 |