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Amarc Announces New High Grade "AuRORA" Copper-Gold-Silver Deposit Discovery in Collaboration With Freeport at the Joy District, British Columbia
VANCOUVER, BC / ACCESS Newswire / January 17, 2025 / Amarc Resources Ltd. ("Amarc" or the "...
About this update from Amarc Resources Ltd.
[{"type":"text","content":"Amarc Announces New High Grade \"AuRORA\" Copper-Gold-Silver Deposit Discovery in Collaboration With Freeport at the Joy District, British ColumbiaVANCOUVER, BC / ACCESS Newswire / January 17, 2025 / Amarc Resources Ltd. (\"Amarc\" or the \"Company\") (TSXV:AHR)(OTCQB:AXREF) is pleased to announce discovery of the new, high grade, gold-rich porphyry copper-gold-silver (\"Cu-Au-Ag\") AuRORA deposit at its 100% owned JOY Copper-Gold District (\"JOY\"), in the prolific Toodoggone-Kemess porphyry Cu-Au region of north-central British Columbia (\"BC\"). The AuRORA Deposit Discovery is located within 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 Initial AuRORA DEPOSIT Discovery Drill Holes Include:Drill HoleInt.1,2,3 (m)From (m)Incl.Au (g/t)Cu (%)Ag (g/t)CuEQ4 (%)JP240578218 1.240.382.471.08 4258Incl.1.970.493.581.61JP2405927124 0.980.251.930.81 17124Incl.1.320.342.621.09 89106and2.290.463.651.76JP2407121221 1.360.403.351.18 108104Incl.2.380.605.171.96JP2407416269 2.190.636.951.90 14784Incl.2.400.697.602.08 108111and3.090.828.992.59 81135and3.690.929.723.04Notes: See Table 1.Hole JP24057, the first hole ever drilled at AuRORA, intersected a new porphyry Cu-Au-Ag system hosting high and continuous Au grades (see Tables 1, 2 and 3). Following completion of this discovery hole, Amarc, with Freeport, systematically stepped out, aggressively drilling with three core rigs, with a view to begin outlining an outstanding Cu-Au-Ag deposit and to confirm its high grade potential. This release details the results of discovery hole JP24057 and six other holes drilled at approximately 100 m intervals on east-west section 7800N (see Figures 2 and 3). Drilling on this section established a 600 m wide zone of porphyry mineralization encountered from near surface that is open to lateral expansion, and which is characterized by excellent lateral and vertical continuity. Final compilations and confirmatory analyses from six additional holes drilled at AuRORA along east-west section 7900N, a 100 m step out to the north of section 7800N, are near completion and will be released in the very near future. Thes...