Amarc Resources Ltd.

Market Cap: Private
Sector: Resource
  • Amarc Resources Ltd. (TSXV: AHR | OTCQB: AXREF), a member of the HDI group, is a mineral exploration and development company with an experienced and successful management team focused on developing a new generation of long-life, high-value porphyry copper-gold mines in British Columbia.
  • Amarc has assembled a 100% interest in three high potential porphyry copper-gold districts in BC (JOY, DUKE and IKE). Each District hosts Cu±Au deposits and each is in proximity to key infrastructure. Freeport at JOY and Boliden at DUKE can earn up to a 70% interest in the districts by funding CDN$110 million and CDN$90 million of staged earn-in expenditures, respectively. Amarc is the Operator at both DUKE and JOY. Amarc intends to solo fund IKE District drilling at the higher grade Empress Deposit with funding raised from a successful financing. Hence, funding is in place for substantial discovery drilling across our Cu-Au Districts in 2024.