Amarc Resources Ltd. (TSXV: AXREF) disclosed that the 2025 JOY District drill program in British Columbia has produced new assay data that expands the company’s understanding of mineralization in the district, particularly around the AuRORA copper‑gold‑silver deposit.
The release notes that specific grades and intercepts were not included in this communication, but the additional assays are intended to refine the geological model and support future resource estimation work. The data suggest a broader or deeper zone of mineralization than previously mapped, which could increase the potential size of the deposit.
Amarc’s exploration strategy is underpinned by earn‑in agreements with Freeport‑McMoRan and Boliden. Freeport has already funded work programs at JOY since 2021 and has moved into Stage 2 of its earn‑in, committing additional capital to advance the project. Boliden’s involvement further strengthens the partnership framework and provides additional financial and technical resources.
The new assay results are a key step toward defining a district‑scale porphyry system that could deliver high‑grade copper, gold, and molybdenum. By extending the known mineralized zone, Amarc is positioning the AuRORA deposit to move from exploration to a formal resource estimate, which would enhance the company’s valuation and attract further investment.
CEO Dr. Diane Nicolson said the company remains confident that the JOY District holds “world‑class potential” and that the latest data reinforce the strategic focus on expanding the AuRORA deposit and exploring adjacent targets.
The announcement underscores Amarc’s progress in a highly competitive exploration landscape and signals continued confidence from its major partners in the long‑term value of the JOY District.
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