Amarc Resources Ltd. announces that it has entered into an agreement to sell its Newton Property located in south-central British Columbia to an arm's length private company, which is currently considering going-public alternatives. Under the terms of the agreement, Amarc will receive $300,000 in cash and 5.5 million equity units in the private company valued at $0.25 per unit. In addition, Amarc will retain a 2% NSR [...]
Amarc Resources is pleased to announce that a National Instrument 43-101 Technical Report for the Company's IKE Project, British Columbia will be filed today under Amarc's profile at sedar. It will also be available on the Company's website. The district-scale IKE Project hosts the IKE porphyry Cu-Mo-Ag deposit and the Empress replacement Cu-Au deposit as well as a number of other high potential exploration targets. About [...]
Amarc Resources Ltd. is pleased to announce that a National Instrument 43-101 Technical Report for the Company's JOY Project, British Columbia will be filed today under Amarc's profile at www.sedar.com. It will also be available on the Company's website at www.amarcresources.com/ahr/Home.asp. The Report provides details on the potential of the Company's JOY porphyry copper-gold deposit district, along with proposed [...]
Amarc Resources Ltd. is pleased to announce that a National Instrument 43-101 Technical Report for the Company's DUKE Project, British Columbia will be filed today under Amarc's profile at www.sedar.com. It will also be available on the Company's website at www.amarcresources.com/ahr/Home.asp. The Report provides details on the potential of the Company's DUKE porphyry copper deposit target discovery and its successful [...]
Amarc Resources Ltd. announces that it has amended its option agreement with Gold Fields Toodoggone Exploration Corporation to purchase its 51% interest in the PINE property . Amarc will now hold a 100% interest in the PINE mineral claims having completed the purchase of Cascadero Copper Corporation's 49% interest in the Property last year . The PINE tenure forms an important part of the overall JOY Project, and has been [...]
Amarc Resources Ltd. announces that, pursuant to its stock option incentive plan, it has granted to a director and officer of the Company incentive stock options to purchase 2 million common shares at CDN$0.05 with an expiry date of 5 years from the date of grant. About Amarc Resources Ltd. Amarc is a mineral exploration and development company with an experienced and successful management team focused on developing a new [...]
Amarc Resources Ltd. announces that HudBay Minerals Inc. has relinquished its options to earn an interest in the IKE porphyry copper-molybdenum project near Gold Bridge, British Columbia , and also the JOY gold-copper project in the Toodoggone region of north-central BC. Amarc continues to be fully committed to unlocking the emerging value of its 100% owned IKE, JOY and DUKE porphyry copper-gold and copper-molybdenum [...]
Amarc Resources Ltd. is pleased to announce results from its first season of exploration activity at the expanded JOY Project . The 464 km2 JOY property covers the northern extension of the prolific Kemess porphyry gold-copper district in the Toodoggone region of north-central British Columbia . Extensive airborne and ground exploration surveys completed this year over the new JOY Project mineral tenures, acquired in [...]
Amarc Resources Ltd. is pleased to announce that assay results have been received from five diamond drill holes recently completed at its IKE porphyry copper-molybdenum-silver discovery. IKE is located 45 kilometers northwest of Gold Bridge, in south-central British Columbia near the heartland of BC's producing porphyry copper mines. The five very widely-spaced drill holes, were designed to continue to delineate the [...]
Amarc Resources Ltd. is pleased to announce a core drilling program has commenced at its JOY porphyry copper-gold project, which covers the northern extension to the prolific Kemess porphyry gold-copper district in north-central British Columbia. The planned 1,000-m drill program will include two widely spaced core holes, following up on one of a number of priority porphyry deposit targets emerging from extensive airborne [...]
VANCOUVER, July 31, 2018 /CNW/ - Amarc Resources Ltd. is pleased to announce that drilling has commenced at its IKE porphyry copper-molybdenum-silver discovery located near Goldbridge, southern British Columbia . The $1.6 million, 2018 IKE program is being funded by HudBay Minerals Inc. , which has partnered with Amarc to explore and develop the IKE project. The program will include up to 5 widely spaced core holes [...]
VANCOUVER, July 17, 2018 /CNW/ - Amarc Resources Ltd. is pleased to announce that field work has commenced at its 464 km2 JOY porphyry copper-gold project which covers the northern extension to the prolific Kemess porphyry gold-copper district in north-central, BC. In 2017, Centerra Gold purchased the southern Kemess district located directly adjacent to the south of the JOY project for $310 million. The $2 million [...]