Amarc Resources Ltd. ; is pleased to announce that it has completed the two concurrent private financings described in its November 23, 2023 news release, raising aggregate proceeds of $2.77 million. Amarc issued 25,000,000 common shares and 4,807,693 five-year share purchase warrants exercisable at $0.08 per common share; 15,384,615 of the shares were issued at $0.13 as Flow-Through shares and 9,615,385 of the shares [...]
Amarc Resources Ltd. is pleased to announce that it has entered into two concurrent agreements intends to raise aggregate proceeds of $2.77 million in new common share ") equity. Under the proposed terms of one agreement, Amarc will issue 15,384,615 Flow-Through Shares at a price of $0.13 each, totaling $2,000,000, to a group of investors who are expected to donate all or a portion of their FT Shares to a registered [...]
Amarc Resources Ltd. is pleased to report that it has completed extensive airborne and surface exploration surveys on its 100%-owned DUKE porphyry Cu-Au district in central British Columbia . These comprehensive surveys were designed to assess 16 porphyry Cu-Au targets located across the District, to confirm highest priority targets for drill testing in 2024. Through 2023, $10 million in exploration expenditures at the [...]
Amarc Resources Ltd. , is pleased to announce the appointment of Dr. James Lang, P.Geo., as a technical advisor to the Company. Amarc President and CEO Dr. Diane Nicolson said, "I am delighted to re-engage with Jim and welcome him to the team as a technical advisor. His passion for mentoring geological teams, coupled with his impressive depth of knowledge and background in porphyry copper deposits will undoubtedly make a [...]
Amarc Resources Ltd. is pleased to announce that planning has commenced with Freeport-McMoRan Mineral Properties Canada Inc. , in preparation for an intended extensive 2024 drilling program at its 100% owned JOY Copper-Gold District in north-central British Columbia . The program - planned to commence at site in early June - is to be fully funded by Freeport, which is earning-in at JOY. Amarc will continue as operator of [...]
Amarc Resources Ltd. , is pleased to announce that Amarc President & CEO Dr. Diane Nicolson is scheduled to present at the 2023 Kinvestor Days Virtual Conference on September 19, 2023 at 8:00 am PT . Registration details are provided below. Amarc holds 100% interest in the expansive JOY, DUKE and IKE Cu-Au Districts in British Columbia: each district hosts one or more known porphyry copper deposits and a pipeline of [...]
Amarc Resources Ltd. announces that it and well-known British Columbia minerals prospector Richard J Billingsley , have agreed to establish an indigenous scholarship as part of the terms of an option agreement . Under the terms of the Agreement, Amarc may acquire from Mr. Billingsley a 100% interest in a group of mineral claims, covering some 2.34 km2, that are located internal to and near to the northern extent of the [...]
Amarc Resources Ltd. is pleased to announce it has launched the 2023 field program at its 100%-owned JOY Copper-Gold District in north-central British Columbia . This extensive airborne and surface exploration program is focused on detailed refinement of multiple porphyry copper-gold deposit targets clustered along mineralized trends over the 482 km2 JOY property, in preparation for an extensive intended drilling program [...]
Amarc Resources Ltd. is pleased to report all assay results from the Phase 1 core drilling program at its 100% owned DUKE porphyry Cu-Au district in central British Columbia . In total, 24 core drill holes were efficiently completed in 80 drill days between early December 2022 and mid-March 2023. Two drill rigs focused on further delineating the DUKE Cu-Mo-Ag-Au Deposit, while a third rig tested the shallow overburden [...]
Amarc Resources Ltd. is pleased to announce that it has been invited to present at the John Tumazos Very Independent Research Conference hosted virtually on June 6 and 7, 2023. Amarc President & CEO Dr. Diane Nicolson and Ron Thiessen, Director and CEO of Hunter Dickinson Inc. will be presenting on June 7, 2023 at 8:30AM EDT to discuss Amarc's three high potential copper-gold districts in British Columbia, Canada [...]
Amarc Resources Ltd. ; is pleased to report that it has commenced a staged remobilization of its exploration team to its 100%-owned DUKE porphyry Cu-Au district in central British Columbia . Extensive airborne and ground exploration surveys will assess 16 prioritized porphyry Cu-Au targets across the District to define targets for winter 2023-2024 drill testing. Through 2023, $10 million in exploration expenditures at the [...]
Amarc invites individual and institutional investors as well as advisors and analysts, to attend its presentation at the Emerging Growth Conference Amarc Resources Ltd. , is pleased to announce that it has been invited to present at the Emerging Growth Conference. Amarc President & CEO Dr. Diane Nicolson will be presenting on May 17, 2023 at 4:05 PM Eastern time for 30 minutes on Amarc's three high potential copper-gold [...]