Key facts
| Company | Amarc Resources Ltd. (TSXV: AHR) |
|---|---|
| Commodity | Copper |
| Location | Canada |
| Stage | Early exploration |
About DUKE Project
Amarc’s 732 km2DUKE Cu-Au District (DUKE District) is located 80 km NE of Smithers in central British Columbia (BC).
News releases35 on file
Amarc Builds on Disruptive AuRORA Discovery Success and Advances Pipeline of High Demand District-Scale Copper-Gold Assets in British Columbia During 2025
A 2025 review reports 23 step-out expansion holes plus one infill hole over an area of about 1 km by 1 km at the AuRORA copper-gold-silver deposit in the 630 km2 JOY District, BC, with assays from 11 holes extending the deposit at least 300 m north, 200 m east and 300 m southeast; results from the remaining 12 holes are pending. Joint venture agreements with Freeport and Boliden provide up to $200
CorporateAmarc Launches $10 Million 2025 DUKE Copper-Gold District Drilling: Provides District Update
A $10 million 2025 drill program has begun at the 100%-owned DUKE Copper-Gold District, 732 km² in central British Columbia, funded by Boliden, which is earning in, with Amarc as operator; nine targets remain untested this year. Results from 19 scout holes (5,815 m) drilled in 2024 at the JO, C4 and Svea targets include 71 m of 0.13% CuEQ from 71 m (DKJ24043), 3 m of 3.56 g/t Au from 305 m (DKJ240
Drill resultsAmarc to Present at the Kinvestor Mining & Energy Virtual Conference 2025
President and CEO Dr. Diane Nicolson will present at the virtual Kinvestor Mining & Energy Conference 2025 on February 12, 2025 at 12:00pm PT / 3:00pm ET, with registration via Zoom. The presentation follows Amarc's January 2025 announcement of the gold-rich porphyry copper-gold-silver AuRORA Deposit discovery in the JOY District of north-central British Columbia. Results from 2024 programs at the
CorporateAmarc Announces Loan Extension
The repayment date of a $1,000,000 loan from a lender who is a director and significant shareholder has been extended from November 26, 2024 to November 26, 2025 under a Third Loan Amendment Agreement dated November 25, 2024. All other terms of the loan remain unchanged. Amarc holds the 100%-owned JOY, DUKE and IKE porphyry Cu±Au districts in BC.
FinancingBoliden Continues Earn-In at Amarc’s DUKE Copper-Gold District
Boliden Mineral Canada Ltd. has committed to continue its earn-in at Amarc's DUKE copper-gold district, 80 km northeast of Smithers in central British Columbia, with a $10 million budget for 2025, bringing Boliden's contribution since late 2022 to $30 million. Under the November 2022 earn-in agreement, Boliden can earn up to a 70% interest by funding $90 million in exploration and development expe
AcquisitionAmarc Completes Extensive 2024 Drilling across Its JOY, DUKE and IKE Copper-Gold Districts
Over 29,000 metres of drilling was completed in 2024 across the JOY, DUKE and IKE Copper-Gold Districts in British Columbia, with up to five rigs operating, alongside geophysical, geochemical and geological surveys. JOY saw 16,883 m in 40 holes at seven targets plus 19 line-km of IP, funded by Freeport at roughly $12 million; DUKE saw 4,828 m in nine holes and 5,815 m in 19 holes plus 121 line-km
Drill resultsAmarc Recommences Drilling at the DUKE DistrictReports on DUKE Deposit Winter Drilling
Drilling has recommenced at the 100%-owned DUKE porphyry copper-gold district in British Columbia, with twelve holes planned at the Svea Deposit Target and the new JO discovery, alongside ground and airborne geophysical surveys and up to 30 crew onsite. Winter 2024 drilling completed nine core holes totalling 4,828.2 m, with seven intersecting Cu-Mo mineralization above roughly 0.15% CuEQ over 104
Drill resultsAmarc Introduces the JO Porphyry Copper-Gold Discovery in the DUKE District
A new porphyry copper-gold target, JO, has been identified in the 722 km² DUKE District in central British Columbia, 6 km northwest of the SVEA Deposit Target and 36 km northwest of the DUKE Deposit. A discovery composite rock sample of five to six chips from mineralized boulders returned 0.18% Cu, 0.52 g/t Au, 16.05 g/t Ag and 55 ppm Mo, within a 3 km² IP chargeability anomaly (+15 mV/V). Boliden
Drill resultsAmarc Announces Grant Of Options
6.4 million incentive stock options have been granted at $0.105 per share for terms of three to five years to management, directors and service providers, with 5.5 million going to insiders. The options are subject to any required TSX Venture Exchange acceptance. Amarc holds the 100%-owned IKE, DUKE and JOY porphyry copper±gold districts in British Columbia.
CorporateAmarc Announces March Conference Participation
Amarc Resources will participate in three conferences in March 2024: the Metal Investors Forum Toronto on March 1-2, with a corporate presentation by President and CEO Dr. Diane Nicolson on March 1 at 10:10 am ET; PDAC 2024 in Toronto on March 3-6 at booth #2850; and the 2024 Kinvestor Critical Minerals & Mining Virtual Investor Conference on March 26 at 8:00 am PT. The company holds the 100%-owne
CorporateAmarc Launches 2024 DUKE Copper-Gold District Drilling
A $10 million 2024 drill program has been mobilized at the 100%-owned, 722 km² DUKE Copper-Gold District in central British Columbia, funded by Boliden, with Amarc as operator. Winter drilling will follow up the DUKE Deposit and surrounding DUKE Deposit Target, with a second phase planned for summer to test district targets including Svea. Boliden can earn up to 70% of DUKE by funding $90 million
Drill resultsAmarc’s Comprehensive 2023 Surveys at DUKE Confirm Porphyry Copper-Gold Deposit Potential Across the District
District-wide 2023 surveys across the 722 km² DUKE district in central British Columbia identified multiple porphyry copper-gold systems, defining six new drill targets in addition to the DUKE Deposit and DUKE Deposit Target. The Svea target features a 7 km² IP chargeability anomaly, 1,500 m of biotite-feldspar porphyry strike length, copper-in-soil anomalies above 100 ppm, and historical 1969 dri
Drill resultsAmarc Attending Three Vancouver Conferences in January
Amarc Resources will participate in three Vancouver conferences in January 2024: the Metals Investor Forum Vancouver on January 19-20, where CEO Dr. Diane Nicolson presents on January 19 at 12:00 pm; the Vancouver Resource Investment Conference on January 21-22 at booth #300; and the AME Roundup Conference on January 22-25 at booth #624. The company holds the 100%-owned JOY, DUKE and IKE copper-go
CorporateAmarc 2023 Year in Review Fully Funded for Extensive 2024 Drilling
All of Amarc's British Columbia copper-gold projects are funded for 2024, following a $2.77 million international financing completed in late 2023, of which about $2 million is allocated to exploration. At the JOY District, Freeport-McMoRan, which may earn up to 70% by investing $110 million, will fund drilling starting in the second quarter. At DUKE, Boliden will fully fund a $10 million 2024 pro
CorporateAmarc and Boliden Prepare for 2024 Drilling Program at DUKE Copper-Gold District
Preparations have begun with Boliden Mineral Canada Ltd. for a 2024 drilling program at Amarc's 100%-owned 722 km2 DUKE Copper-Gold District, 80 km northeast of Smithers in central British Columbia, with drilling to start on site in February as part of a budgeted $10 million expenditure fully funded by Boliden, with Amarc as operator. Drilling will focus on the DUKE Deposit and surrounding DUKE Ta
Drill resultsAmarc Completes Comprehensive Field Programs to Assess Porphyry Copper-Gold Targets Across the DUKE District
Airborne and surface exploration surveys have been completed across 16 porphyry Cu-Au targets at the 100%-owned DUKE District in central British Columbia, including 5,759 line-km of high resolution airborne magnetics, 678 km2 of LiDAR, 68 line-km of ground magnetics, 122 line-km of IP geophysics, 6,079 grid soil samples and 315 rock samples, plus geological mapping. Results will be released once c
Drill resultsAmarc Resources Ltd. to Present at the Metals and Mining Virtual Investor Conference October 3, 2023
President and CEO Dr. Diane Nicolson will present live at the Metals and Mining Virtual Investor Conference hosted by VirtualInvestorConferences.com on October 3, 2023 at 11 am Eastern, with one-on-one meetings available October 3, 4 and 5. An archived webcast will be available after the event. Amarc holds 100% interests in the JOY, DUKE and IKE copper-gold districts in British Columbia, with earn
CorporateAmarc to Present at the 2023 Kinvestor Days Virtual Conference Mining Day
President and CEO Dr. Diane Nicolson will present at the 2023 Kinvestor Days Virtual Conference on September 19, 2023 at 8:00 am PT (11:00 am ET), with free registration available online. Amarc holds a 100% interest in the JOY, DUKE and IKE Cu-Au districts in British Columbia, with major partners earning in and funding exploration at JOY and DUKE. More than 11,000 metres of drilling was completed
CorporateAmarc Establishes Indigenous Scholarship For Lake Babine Nation As Part Of DUKE Area Claims Option With Prospector Richard J Billingsley
An option agreement with prospector Richard J Billingsley gives Amarc the right to acquire a 100% interest in mineral claims covering some 2.34 km2 within and near the northern extent of the 678 km2 DUKE property in British Columbia. Consideration is 200,000 Amarc shares, annual cash payments of $5,000, and funding of a $20,000 annual Indigenous scholarship for 10 years, totalling 200,000 shares a
CorporateAmarc‘s Drilling Continues to Expand the DUKE Deposit: Surveys Underway Throughout the Surrounding DUKE Copper-Gold District
Phase 1 drilling at the DUKE porphyry Cu-Au district in central British Columbia totalled 24 core holes (11,086 m) completed in 80 drill days between early December 2022 and mid-March 2023, returning intercepts including 217 m of 0.45% CuEQ in DK22010, 183 m of 0.43% CuEQ in DK22009 and 30 m of 0.47% CuEQ in DK23012, located 500 m northwest of the deposit. The deposit footprint now measures 650 m
Drill resultsAmarc To Present At The John Tumazos Very Independent Research Llc Virtual Conference Wednesday June 7, 2023.
Amarc will present at the John Tumazos Very Independent Research Conference, held virtually on June 6 and 7, 2023, with President and CEO Dr. Diane Nicolson and HDI CEO Ron Thiessen presenting on June 7, 2023 at 8:30AM EDT on the Company's three copper-gold districts in British Columbia. Playback will be available at the registration link. Freeport at JOY and Boliden at DUKE can each earn up to 70
CorporateAmarc to Present at the Emerging Growth Conference on Wednesday, May 17, 2023
President and CEO Dr. Diane Nicolson will present at the Emerging Growth Conference on May 17, 2023 at 4:05 PM Eastern time for 30 minutes, covering Amarc's three copper-gold districts in British Columbia. A question period will follow if time permits, and an archived webcast will be made available on EmergingGrowth.com and the Emerging Growth YouTube channel. Amarc holds 100% of the IKE, DUKE and
CorporateAmarc Remobilizes to DUKE District; Initiates Systematic Assessment of Porphyry Copper-Gold Targets
Exploration crews have remobilized to the 100%-owned DUKE porphyry copper-gold district in central British Columbia, where airborne magnetics, ground Induced Polarization, soil geochemistry and mapping surveys will assess 16 prioritized porphyry Cu-Au targets to define drill targets for winter 2023-2024. The $10 million of 2023 exploration expenditures at DUKE is fully funded by Boliden Mineral Ca
NewsAmarc Completes Phase 1 Drilling Program at Its DUKE Copper-Gold District, BC. Next Exploration Phase Planned to Commence in June
Phase 1 core drilling is complete at the 100%-owned DUKE porphyry copper-gold district in central British Columbia, with three rigs completing 11,070 m in 24 core holes; two rigs delineated the DUKE Cu-Mo-Ag-Au deposit and a third began testing a 4.7 km2 IP chargeability anomaly. Phase 2 surface surveys over 10 prioritized targets are planned to begin in early summer, with the $10 million 2023 pro
Drill resultsAmarc’s Ongoing Drilling Continues To Expand DUKE Deposit: Drills 309 m of 0.42% CuEQ, within 557 m of 0.36% CuEQ
Drill hole DK22010 at the DUKE porphyry Cu-Au district in central British Columbia returned 309 m of 0.42% CuEQ (0.31% Cu, 0.017% Mo, 0.08 g/t Au, 1.8 g/t Ag) from 8.6 m, including 57 m of 0.68% CuEQ from 243 m, within 557 m of 0.36% CuEQ. The hole, collared 200 m east of DK22009, extends the deposit east and at depth. Amarc and partner Boliden, which is earning up to 70% by funding CDN$90 million
Drill resultsAmarc’s Initial Drill Results Extend DUKE Deposit to Depth: Drills 542 m of 0.33% CuEQ From Surface at DUKE Deposit, Including 126 m of 0.52% CuEQ
Hole DK22009 at the DUKE porphyry Cu-Au district in central British Columbia returned 541.6 m of 0.33% CuEQ (0.24% Cu, 0.016% Mo, 0.04 g/t Au, 1.2 g/t Ag) from 9.4 m, including 182.62 m of 0.43% CuEQ from 65 m and 125.62 m of 0.52% CuEQ from 122 m, extending the deposit to greater depth. It is the first of two holes completed in December 2022 under the earn-in agreement with Boliden, which can ear
Drill resultsDrilling Recommences at Amarc’s DUKE Copper-Gold District, BC
Core drilling has resumed at the 100%-owned DUKE porphyry copper-gold district, 80 km northeast of Smithers in central British Columbia, after a year-end break in which two holes were completed. One rig is turning now, with a second arriving later this week; one will delineate the DUKE Deposit and the other will test the 3 km2 IP chargeability anomaly surrounding it. The program is funded by Bolid
Drill resultsAmarc 2022 a Transformative Year and Corporate Outlook
A 2022 review reports 15,427 m of core drilling in 37 holes at the Freeport-funded JOY Copper-Gold District in British Columbia, with the budget expanded to approximately CDN$14 million and assays delayed at the laboratory but now being received, to be released over coming weeks. An earn-in agreement with Boliden Mineral Canada on the DUKE District was completed in November, with drilling started
CorporateAmarc and Boliden Commence Drilling the DUKE Copper-Gold District, BC
Drilling has begun at the 100%-owned DUKE porphyry copper-gold district, 80 km northeast of Smithers in central British Columbia, as the first phase funded under the earn-in agreement with Boliden Mineral Canada Ltd., under which Boliden may earn up to a 70% interest by investing up to $90 million. Core drilling at the DUKE Deposit will continue until the Christmas break and resume early in 2023,
Drill resultsAmarc’s DUKE Copper-Gold District to Be Advanced with Funding from Boliden
Boliden Mineral Canada Ltd., a wholly-owned subsidiary of the Boliden Group, has signed a Mineral Property Earn-in Agreement allowing it to acquire up to a 70% interest in Amarc's 100%-owned 678 km2 DUKE porphyry copper-gold district, 80 km northeast of Smithers, British Columbia. An initial 60% requires CDN$30 million of expenditures within four years, including a committed CDN$5 million in 2022
FinancingAmarc Message From the CEO: September 2022
A message from President and CEO Dr. Diane Nicolson reviews Amarc's 100%-owned JOY, DUKE and IKE copper-gold districts in British Columbia, each hosting one or more known porphyry copper deposits and additional targets. The Company has one major mining partner funding non-dilutive exploration at JOY and intends to seek further partnerships for its remaining assets. The release cites an S&P Global
CorporateAmarc Progressing its BC Copper-Gold Districts and Engages Kin Communications Inc.
Kin Communications Inc. has been engaged to provide investor relations services for a period of twelve months and on a month-to-month basis thereafter, at $12,500 per month for the initial 12-month period. Kin was also granted options to purchase 1,000,000 common shares at $0.11 per share over a five-year term, vesting in instalments of 33%, 33% and 34%, with the first vesting 90 days after the ag
CorporateVisit Amarc At The Prospectors & Developers Association Conference
Amarc Resources will exhibit at Booth #3240 in the Investors Exchange at the 2022 Prospectors and Developers Association Conference, held at the Toronto Convention Centre South on June 13, 14 and 15 from 10 am to 5 pm. President and CEO Diane Nicolson and Executive Chair Bob Dickinson will be available to discuss the company's three 100%-owned copper±gold districts in British Columbia — JOY, IKE a
CorporateVisit Amarc at the Vancouver Resource Investment Conference
Amarc Resources will exhibit at the 2022 Vancouver Resource Investment Conference at the Vancouver Convention Centre West, Exhibit Hall C, on May 17 and 18 from 8:30 am to 5:30 pm at Booth #916, where President and CEO Diane Nicolson and Executive Chair Bob Dickinson will discuss its 100%-owned JOY, IKE and DUKE copper±gold districts in British Columbia. Technical advisor CJ (Charlie) Greig receiv
CorporateMark Rebagliati Receives the J.C. Sproule Northern Exploration Award from the Canadian Institute of Mining, Metallurgy and Petroleum
Mark Rebagliati, Technical Advisor to Amarc Resources and Executive Vice President Exploration for Hunter Dickinson Inc., was selected as the 2022 recipient of the J.C. Sproule Northern Exploration Award from the Canadian Institute of Mining, Metallurgy and Petroleum, with the ceremony held May 2, 2022. Until earlier this year, Rebagliati oversaw on-the-ground exploration for Amarc's three porphyr
Corporate