Amarc Unveils New High Grade Copper-Gold-Silver Deposit Discovery in British Columbia

Amarc Resources Ltd. has announced the discovery of a new high-grade porphyry copper-gold-silver deposit, named AuRORA, at its JOY District in British Columbia. This discovery is a significant milestone in an area that had not been previously drill tested. Freeport-McMoRan is fully funding the exploration, with Amarc managing the operations.

The initial drill results are promising, with significant grades of gold, copper, and silver encountered across several drill holes. Notably, hole JP24057 intersected a new porphyry system with continuous high-grade gold. The drilling campaign establishes a wide zone of mineralization open to expansion, indicating further potential.

This discovery is strategically significant for Amarc, aligning with positive market conditions for gold, copper, and silver. Further exploration is planned, with additional drill results anticipated soon, which may confirm the high-grade potential of the AuRORA deposit.