Latest news with #Amarc
Miami Herald
07-05-2025
- Business
- Miami Herald
TDG Gold Provides 2025 Exploration Outlook & Update on the Aurora1 West Target
Press Releases TDG Gold Provides 2025 Exploration Outlook & Update on the Aurora1 West Target Exploration scheduled to commence in June 2025 with IP followed by Drilling TDG Gold Corp. (TSXV:TDG) (the "Company" or "TDG") is pleased to provide an update on its 2025 exploration plans for the AuRORA1 West ("AuWEST") target within the Company's expansive and 100%-owned Greater Shasta-Newberry ("GSN") Project in the Toodoggone District of British Columbia. The AuWest Target - An Overview Occurring immediately adjacent to the eastern boundary of the Company's GSN Project, the 2024 Freeport-McMoRan - AMARC Resources Ltd. ("Freeport-Amarc") AuRORA1 discovery represents an unusually high-grade, gold-copper-silver ("Au-Cu-Ag") discovery in the Toodoggone District (see TDG news release Jan 17, 2025). TDG's AuWEST target is the potential westward extension of AuRORA1. The AuRORA1 mineralization was drill delineated to within ~40 metres ("m") of TDG's eastern property boundary. Freeport-Amarc's drillhole JP24073 (Amarc news release dated Jan 20, 2025a) intersected 1.40 g/t Au, 0.34 % Cu, 2.81 g/t Ag over 131.0 m, including a higher-grade subinterval averaging 1.62 g/t Au, 0.37 % Cu, 2.94 g/t Ag over 95.0 m. This intercept begins at 102 m below surface and was drilled westerly, towards the TDG-Freeport-Amarc property boundary, and was terminated at a downhole depth of 399 m, adjacent to the eastern TDG-Freeport-Amarc property boundary (Figure 1 & Figure 2). TDG has not independently verified the Freeport-Amarc drilling data, and mineralization hosted on adjacent properties is not necessarily indicative of mineralization hosted on TDG's property. "The Toodoggone District is seeing a renaissance as a result of the AuRORA1 discovery. We are in the early days of determining the implications of this discovery, not only for how the Toodoggone District is viewed moving forward, but also for providing TDG and its stakeholders exposure to a priority drill target within metres of high-grade mineralization1," said Fletcher Morgan, CEO of TDG Gold Corp. Mr. Morgan continued by stating: "Utilizing the publicly available data, TDG's technical team has generated interpretative models of the AuRORA1 mineralization to assist with targeting of potential extensions. These models also utilized TDG's geological, geochemical and geophysical data with the objective of establishing a mineralization signature that can be used for targeting across TDG's extensive land holdings. With one of the largest land holding in the District, a substantial amount of historical exploration data and funding, TDG is well-positioned to undertake a broader exploration program across its holdings, in addition to drilling AuWEST, right on the boundary with AuRORA1." Induced Polarization Geophysical Survey Despite AuRORA's1 near surface nature, the mineralized zone does not appear to display a clear surficial geochemical signature and seems to be essentially a 'blind' target. However, based on Amarc's news release dated Jan 17, 2025b, an Induced Polarization ("IP") chargeability anomaly in excess of 20 millivolts per voltb ("mV/V") appears to correlate with the AuRORA1 discovery. Based on these results over and around the AuRORA 1 discovery, TDG plans to undertake an IP survey over the southern portion of its GSN Property to evaluate potential extensions of the IP anomaly onto TDG's ground to assist with drill targeting. Figure 1 - Location Map of TDG Targets. Figure 2 - AuRORA1 Zone cross section looking due north. Envelope width 25 metres. Refer to Figure 1 for section location. Airborne ZTEM Data Interpretation Z-Tipper Electromagnetic ("ZTEM") geophysical technique is a deep penetrating airborne method that measures relative resistivity contrasts in the sub-surface. This method has the ability to discern relative resistivity contrasts that occur between differing rock types at depth - potentially including intrusive porphyry bodies. TDG possesses the data from an historical and spatially extensive, detailed ZTEM and magnetic airborne dataset that covers the broader GSN-AuRORA1 area. This ZTEM data displays a geophysical response that substantiates geometry of the Amarc-reported mineralization at AuRORA1, and appears to support TDG's interpretation of a potential extension of AuRORA1 through to the AuWEST target. Similar responses in ZTEM geophysical data are also evident at TDG's Shasta South and Newberry targets, providing support for these areas as exploration targets. Magnetic Responses and Implications for TDG Porphyry systems commonly have anomalous magnetic patterns associated with Cu-Au mineralization. The presence (or absence via hydrothermal destruction of magnetite) of magnetite can cause distinct magnetic anomalies in geophysical surveys and may be an indicator of a porphyry centre situated vertically below or proximal to an anomalous magnetic response. The AuRORA1 discovery displays, based on Amarc's news release dated Jan 17, 2025b, a magnetic signature due to the reported abundance of magnetite occurring in the rocks that appears to be spatially associated with the Au-Cu mineralization. TDG's Shasta South and Newberry targets are also host to discrete magnetic features with an amplitude and geometry comparable to that observed at AuRORA1, supporting the prioritization as exploration targets. Soil Survey - AuRORA1 Pathfinders At the same time as the IP survey, and to be completed prior to drill targeting, TDG will undertake an extensive soil survey covering the GSN area, subject to field conditions. Although a few generations of historical soil surveys exist in this area and outline strong geochemical anomalies immediately west of AuRORA 1, the data sets are often limited in extent and/or did not analyse for a complete package of trace element pathfinders typically associated with porphyry-style mineralization. In addition to the obvious porphyry pathfinder elements of Cu, Au and Ag, a full suite of trace element geochemistry will be analysed and used to assist with drill target selection. The 2025 IP and soil surveys will help prioritize targets in this underexplored area prior to initial drill testing. Geology TDG has the benefit of a number of geological mapping programs over the GSN area, but many of these were undertaken with a focus on understanding regional geology and/or epithermal Au-Ag opportunities. Very little mapping has focused on the often subtle, but unique features of porphyry Cu-Au systems. TDG has retained the services of a team of experienced porphyry geologists who will be mapping and sampling the GSN area in parallel with the geophysical and geochemical programs with the objective of better understanding the geology of this area prior to drilling. 2025 Drilling Following completion of IP and soil geochemistry over priority areas immediately west of AuRORA1, TDG plans to mobilize a helicopter portable drill rig in early July 2025 with an initial focus on testing the AuWEST target. Results-driven targeting may justify additional rigs to test other areas defined by the planned 2025 geophysical, geological and geochemistry surveys. Qualified Person The technical content of this news release has been reviewed and approved by Steven Kramar, MSc., Vice President, Exploration for TDG., a qualified person as defined by National Instrument 43-101. Notes 1Adjacent Properties: The Company has no interest in, or rights to, any of the adjacent properties mentioned, and exploration results on adjacent properties are not necessarily indicative of mineralization on the Company's properties. Any references to exploration results on adjacent properties are provided for information only and do not imply any certainty of achieving similar results on the Company's properties. 2Mineral Resource Estimate (MRE): All scientific and technical information relating to the TDG's Shasta Project pertaining to the Mineral Resource Estimate ("Shasta MRE") contained in this news release is derived from TDG News Release Jan 08, 2025 and is available on the TDG Website. An updated technical report for the 2024 MRE will be filed within 45 days of January 8th, 2025, on Sedar+ aAmarc Resources LTD, Amarc Announces Additional Drill Results from the AuRORA Copper-Gold-Silver Deposit Discovery in Collaboration with Freeport at the Joy District, British Columbia, Jan 20, 2025, Amarc Website (here). bAmarc Resources LTD, Amarc Announces New High Grade "AuRORA" Copper-Gold-Silver Deposit Discovery in Collaboration with Freeport at the Joy District, British Columbia, Jan 17, 2025, Amarc Website (here). About TDG Gold Corp. TDG is a major mineral tenure holder in the historical Toodoggone Production Corridor of north-central British Columbia, Canada, with over 32,000 hectares of brownfield and greenfield exploration opportunities under direct ownership. TDG's most advanced projects are the former producing, high-grade gold-silver Shasta and Baker mines, which produced intermittently between 1981-2012, and the historical high-grade gold Mets developed prospect, all of which are road accessible, and combined have over 65,000 m of historical drilling. These projects have been advanced through compilation of historical data, new geological mapping, geochemical and geophysical surveys and, at Shasta, 13,250 m of modern HQ drill testing of the known mineralization occurrences and their potential extensions. In May 2023, TDG published an updated Mineral Resource Estimate for Shasta (news release May 01, 2023) which remains open at depth and along strike. In January 2023, TDG defined a larger exploration target area adjacent to Shasta ('Greater Shasta-Newberry'; news release Jan 25, 2023) which abuts Amarc-Freeport's AuRORA discovery. In Fall 2023, TDG published the first modern drill results from the Mets mining lease (news releases Sep 07, 2023, Sep 11, 2023 and Nov 28, 2023). In early 2024, TDG identified new copper-gold target areas over an expanded footprint covering ~53 known as the 'Baker Complex' (news release Feb 28, 2024). ON BEHALF OF THE BOARD Fletcher Morgan Chief Executive Officer For further information contact: TDG Gold Corp. Telephone: +1.604.536.2711 Email: info@ Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward Looking Statements This news release contains forward-looking statements that are based on the Company's current expectations and estimates. Forward-looking statements are frequently characterized by words such as "expand", "represent", "apparent", "display", "potential", "demonstrate", "impressive", "appear", "corroborate", "anomaly", "realize", "considerable", "obvious", "establish", "extrapolate", "extensive", "leverage", "correlate", "discern", "common", "abundance", "steadfast", "similar", "evident", "support", "display", due to", "discrete", "compare", "expansive", "underexplored", "define", "plan", and variations of these words as well as other similar words or statements that certain events or conditions "could", "may", "would" or "will" occur. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements. Such factors include, among others: the uncertainty that any mineralization encountered on adjacent properties continues on to TDG tenure; the uncertainty that geological and/or geophysical and/or geochemical anomalies and/or any trends, interpretations, or conclusions based on adjacent properties have relevance to TDG's tenure; whether geophysical anomalies and targets located on TDG's properties represent epithermal and/or porphyry-style mineralization and, if so, whether such mineralization has economic potential; the actual results of current and planned exploration activities; the actual timing of current and planned exploration activities; the interpretation that the Greater Shasta-Newberry Target Area represents a larger mineralized system encompassing several target zones and the potential that such zones may represent additional mineralized target zones; changes in project parameters as plans to continue to be refined; accidents, labour disputes and other risks of the mining industry; the availability of sufficient funding on terms acceptable to the company to complete the planned work programs; delays in obtaining governmental approvals or financing; and fluctuations in metal prices. There may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein. SOURCE: TDG Gold Corp. This story was originally published May 7, 2025 at 7:02 AM.
Associated Press
20-02-2025
- Business
- Associated Press
Amarc To Showcase the 'AuRORA' High Grade Cu-Au-Ag Discovery at PDAC
President and CEO Dr. Diane Nicolson and the Senior Technical Team will be available to discuss Amarc's Cu-Au Districts, and to view drill core from AuRORA porphyry discovery at Booth #2085 Dr. Jim Lang, renowned porphyry expert, is to give a technical presentation on the AuRORA discovery, Sunday March 2, 2025, at 2:20 pm EST in Room #716 VANCOUVER, BC / ACCESS Newswire / February 20, 2025 / Amarc Resources Ltd. ('Amarc' or the 'Company') (TSXV:AHR)(OTCQB:AXREF) is pleased to announce its upcoming participation at the 2025 Prospectors & Developers Association of Canada Conference ('PDAC') from March 2-5, 2025, Toronto, ON. Amarc will be showcasing the 100% owned 'AuRORA' high grade, gold-rich, porphyry copper-gold-silver ('Cu-Au-Ag') deposit discovery made in collaboration with Freeport-McMoran. Results from this important discovery within its 100% owned 495 km2 JOY District were announced January 17, 2025 and January 20, 2025. PDAC Details: Technical presentation by Dr. Jim Lang, Technical Advisor - Consultant PDAC attendees are invited to booth #2085 to meet with Dr. Diane Nicolson, alongside Hall of Fame Inductee Mark Rebagliati, and Dr. Jim Lang, P. Geo., to discuss the Company's JOY, DUKE and IKE Districts and to review drill core from the AuRORA discovery. 'PDAC is an excellent opportunity to discuss the outstanding potential that is emerging within all three of Amarc's Districts in British Columbia while further showcasing the importance of the AuRORA discovery on a global stage,' stated Dr. Diane Nicolson. 'We are excited to meet our shareholders and prospective investors to increase the awareness of Amarc, and share more about the 29,000 m of drilling in 2024 across all three of our highly prospective districts.' To arrange a meeting with management, conference delegates are encouraged to contact Diane Nicolson, Amarc President & CEO, at 778-388-4603 or [email protected] or KIN Communications, Investor Relations at [email protected] or 604-684-6730. About Amarc Resources Ltd. Amarc 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 Cu-Au mines in BC. By combining high-demand projects with dynamic management, Amarc has created a solid platform to create value from its exploration and development-stage assets. Amarc is advancing its 100%-owned JOY, DUKE and IKE porphyry Cu±Au Districts located in different prolific porphyry regions of northern, central and southern BC, respectively. Each District represents significant potential for the development of multiple and important-scale, porphyry Cu±Au deposits. Importantly, each of the three districts are located in proximity to industrial infrastructure - including power, highways and rail. Amarc's exploration is led by an internationally successful team of experienced geologists specializing in porphyry Cu-Au deposits. Members of this team have been involved in and have tracked porphyry Cu-Au exploration advancements in the Toodoggone region since 1990. Their experience and early recognition of the porphyry potential at the NWG Target in terms of a shallowly overburden covered and underexplored transitional epithermal-porphyry geological setting, led to the discovery of the Au-rich AuRORA porphyry Cu-Au-Ag Deposit. Freeport-McMoRan Mineral Properties Canada Inc. ('Freeport'), a wholly owned subsidiary of Freeport-McMoRan Inc. at JOY and Boliden Mineral Canada Ltd. ('Boliden'), an entity within the Boliden Group of companies at DUKE, can earn up to a 70% interest in each District through staged investments of $110 million and $90 million, respectively. Together this provides Amarc with potentially up to $200 million in non-share dilutive staged funding for these Districts. In addition, Amarc has completed self-funded drilling at its higher-grade Empress Deposit in the IKE District. Amarc is the operator of all programs. Amarc is associated with HDI, a diversified, global mining company with a 35-year history of porphyry Cu deposit discovery, development and transaction success. Previous and current HDI projects include some of BC's and the world's most important porphyry deposits - such as Pebble, Mount Milligan, Southern Star, Kemess South, Kemess North, Gibraltar, Prosperity, Xietongmen, Newtongmen, Florence, Casino, Sisson, Maggie, AuRORA, PINE, IKE and DUKE. From its head office in Vancouver, Canada, HDI applies its unique strengths and capabilities to acquire, develop, operate and monetize mineral projects. Amarc works closely with local governments, Indigenous groups and stakeholders in order to advance its mineral projects responsibly, and in a manner that contributes to sustainable community and economic development. We pursue early and meaningful engagement to ensure our mineral exploration and development activities are well coordinated and broadly supported, address local priorities and concerns, and optimize opportunities for collaboration. In particular, we seek to establish mutually beneficial partnerships with Indigenous groups within whose traditional territories our projects are located, through the provision of jobs, training programs, contract opportunities, capacity funding agreements and sponsorship of community events. All Amarc work programs are carefully planned to achieve high levels of environmental and social performance. Mark Rebagliati, a Qualified Person ('QP') as defined by National Instrument 43-101, has reviewed and approved the technical information contained in this news release. Mr. Rebagliati is not independent of the Company. For further details on Amarc Resources Ltd., please visit the Company's website at or contact Dr. Diane Nicolson, President and CEO, at (778)-388-4603 or within North America at 1-800-667-2114, or Kin Communications, at (604) 684-6730, Email: [email protected]. ON BEHALF OF THE BOARD OF DIRECTORS OF AMARC RESOURCES LTD. Dr. Diane Nicolson President and CEO Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking and other Cautionary Information This news release includes certain statements that may be deemed 'forward-looking statements'. All such statements, other than statements of historical facts that address exploration plans and plans for enhanced relationships are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Assumptions used by the Company to develop forward-looking statements include the following: Amarc's projects will obtain all required environmental and other permits and all land use and other licenses, studies and exploration of Amarc's projects will continue to be positive, and no geological or technical problems will occur. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, potential environmental issues or liabilities associated with exploration, development and mining activities, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and tenure and delays due to third party opposition, changes in and the effect of government policies regarding mining and natural resource exploration and exploitation, exploration and development of properties located within Aboriginal groups asserted territories may affect or be perceived to affect asserted aboriginal rights and title, which may cause permitting delays or opposition by Aboriginal groups, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. For more information on Amarc Resources Ltd., investors should review Amarc's annual Form 20-F filing with the United States Securities and Exchange Commission at and its home jurisdiction filings that are available at
Associated Press
19-02-2025
- Business
- Associated Press
GGL Resources Corp. Highlights Key Projects and Plans for 2025
VANCOUVER, BC / ACCESS Newswire / February 19, 2025 / GGL Resources Corp. (TSXV:GGL) ('GGL' or the 'Company') is pleased to provide investors an update on its two key assets; the McConnell copper-gold project in northern BC, and the Gold Point gold project in Nevada. News Release Highlights: Copper-gold porphyry targets identified at the McConnell Project and adjacent to a 12 km long shear hosted gold zone, Toodoggone District, BC The consolidated, past-producing Gold Point Camp in Nevada's Walker Lane hosts strongly oxidized, high-grade and bulk-tonnage gold targets. CEO Statement 'We are very pleased to highlight GGL's flagship projects, located in two of the most prominent exploration districts in North America' stated Matthew Turner, GGL's Interim CEO. 'McConnell brings a potential copper-gold discovery in BC's Toodoggone District near Amarc Resources Ltd.'s new Aurora porphyry discovery, while Gold Point hosts oxide gold targets near a major highway and close to Anglo-Ashanti's Silicon Discovery. GGL intends to advance both projects in 2025.' McConnell Project The 100% owned, road accessible and permitted McConnell Project is located in the Toodoggone mining district of northern BC, approximately 20 km southeast of the past producing Kemess copper porphyry deposit. The project is also on-trend with Amarc Resources Ltd.'s ('Amarc') new Aurora discovery made on its Joy project that Amarc is exploring with Freeport-McMoRan. Other on-trend past producers include the Shasta, Bakers and Lawyers high-grade gold mines which are currently being reevaluated for copper-gold porphyry potential. The McConnell Project currently covers over 70 km2 while core areas of the project have been held continuously by GGL since 1981 and have seen little exploration in the last 30 years. Historical exploration focused on the eastern part of the property, outlining a 9 km x 300 m wide zone of shear hosted mesothermal (orogenic) gold mineralization. The strong correlation between the mineralized quartz veins and a ground VLF-EM survey indicates the zone continues under cover for a total of 12 km. Past drilling by GGL returned multiple one-meter intervals of 10 - 15 g/t Au. Trenching has returned 7 - 8 g/t Au over 2 - 5 m. The majority of the work here was conducted in the 80s. There has been no drilling or trenching on the gold zone since 2008. In recent years GGL shifted exploration efforts to the western portion of the property which contains an under-evaluated copper-gold porphyry target. Potassic altered monzonite has been identified in several surface workings dating back to the 1960s and 70s. Surface samples collected by GGL have returned values ranging from 0.5 - 20% Cu and 1 - 2 g/t Au. Similar to recent discoveries in the district, this area of the project has limited outcrop exposures. However, where exposed the copper-gold mineralization can be found across at least 500 m. A reconnaissance induced polarization (IP) survey conducted in 2008 revealed a yet untested buried chargeability anomaly. Age dating of the intrusion returned a date of 201.4 Ma + 6.4 Ma (LA-ICP-MS on zircon) placing it within the date range of calc-alkalic Cu-Au porphyries of the region (Mihalasky, 2013). In light of recent significant discoveries in the area, the under evaluated Cu-Au porphyry target at McConnell warrants further advancement. The recent surge in gold prices warrants additional work at McConnell's high-grade gold zone to refine the geologic controls and to model the potential of either a bulk-tonnage or moderate-size high-grade resource. A technical slide deck of the McConnell Project can be found on the GGL website. Gold Point The permitted and road accessible Gold Point Project is located 26 miles south of Goldfield, Nevada, and covers several historical mine sites that intermittently produced high-grade gold and silver between 1882 and 1962. GGL has spent the last several years consolidating this camp-scale gold district with the land package currently totaling approximately 7,400 acres. The project now covers five significant former mines (Orleans, Great Western, Lime Point, Cook, Grand Central) plus numerous smaller workings totaling at least 17 known to date. Gold is hosted in vein-faults that generally trend WNW-ESE and are exposed over a 1,600 m x 2,200 m area before being obscured by alluvial cover in three directions. Gold mineralization occurs along the veins with higher grades occurring as shoots at structural intersections. Some examples of higher grades collected underground by GGL at the Orleans Mine are 61.8 g/t Au over 1.38m, 27.7 g/t over 1.68m and 21.4 g/t Au over 1.22m on the 300-, 150-, and 800-foot levels respectively. The underground workings are developed to a maximum vertical depth of 750 ft at the Orleans where the workings are dry and mineralization displays varying degrees of oxidation. GGL is in the planning stages for exploration work at Gold Point during 2025. The focus of this work will be to evaluate the untested on-strike potential of this camp-scale gold rich vein corridor. The potential exists for additional high-grade discoveries and/or the ability to define a near-surface bulk tonnage target. Efforts will also be directed to further evaluate the high-grade un-mined material accessible from developed levels of all the mines as well as to test the system to depth beyond the historical mine workings. On September 25, 2024, GGL announced the option of claims covering the Le Champ copper-molybdenum-gold porphyry target at Gold Point to Teck American Incorporated, a subsidiary of a leading Canadian resource company, Teck Resources Limited. Qualified Person Technical information in this news release pertaining to the McConnell Project has been reviewed and approved by David Kelsch, President of GGL Resources Corp., a qualified person for the purposes of National Instrument 43-101. Technical information in this news release pertaining to the Gold Point Project has been reviewed and approved by Matthew R. Dumala, a geological engineer with Archer, Cathro & Associates (1981) Limited and a qualified person for the purposes of National Instrument 43-101. About GGL Resources Corp. GGL is a seasoned, Canadian-based junior exploration company, focused on the exploration and advancement of under evaluated mineral assets in politically stable, mining friendly jurisdictions. The Company has optioned and wholly owned claims in the Gold Point district of the prolific Walker Lane Trend, Nevada. The Gold Point claims cover several gold-silver veins, five of which host past producing high-grade mines, as well as an exciting new porphyry target which is currently under option to Teck American Incorporated. The Company also owns the McConnell Project, which hosts mesothermal gold veins and an under explored porphyry copper-gold prospect in the Kemess District of north-central British Colombia. GGL also holds diamond royalties on mineral leases adjacent to the Gahcho Kué diamond mine and southwest of the Ekati diamond mine in the Northwest Territories. ON BEHALF OF THE BOARD 'Matthew Turner' Matthew Turner Director and Interim CEO For further information concerning GGL Resources Corp. or its various exploration projects please visit our website at or contact: Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Information contained in this news release contains forward-looking statements. These statements reflect management's current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "(re-)evaluate', 'under-evaluated', 'potential', 'deeply', 'on-trend', 'strong', 'significant' and similar expressions, or that events or conditions 'may', 'could' or 'will' occur. GGL cautions that all forward-looking statements are inherently uncertain, and that actual performance may be affected by a number of material factors, many of which are beyond the control of GGL. Such factors include, among other things: risks and uncertainties relating to exploration and development and the results thereof, including the results of the recently completed drill program, the impact on future mineral resource estimates, the potential for new discoveries, and the results of future metallurgical programs, as well as the ability of GGL to obtain additional financing, the need to comply with environmental and governmental regulations, fluctuations in the prices of commodities, operating hazards and risks, competition and other risks and uncertainties, including those described in GGL's financial statements available under the GGL profile at Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, GGL undertakes no obligation to publicly update or revise forward-looking information.
Associated Press
11-02-2025
- Business
- Associated Press
Amarc to Present at the Kinvestor Mining & Energy Virtual Conference 2025
VANCOUVER, BC / ACCESS Newswire / February 10, 2025 / Amarc Resources Ltd. ('Amarc' or the 'Company') (TSXV:AHR)(OTCQB:AXREF) is pleased to announce that President and CEO, Dr. Diane Nicolson, will present at the virtual Kinvestor Mining & Energy Conference 2025 (KME25) on February 12, 2025 at 12 pm pacific time. In January 2025, Amarc released initial drill results, announcing the discovery of a new, high grade, gold-rich porphyry copper-gold-silver AuRORA Deposit in the JOY Copper-Gold District in north-central British Columbia ('BC') in January 2025 (see Amarc January 17 and 20, 2025 releases). To hear more about the exciting new AuRORA discovery (and more), register today (details below): Date: February 12, 2025 Presentation Time: 12:00pm PT / 3:00pm ET Presenter: Dr. Diane Nicolson, President & CEO Register at: In 2024, Amarc successfully completed programs at its BC JOY, DUKE and IKE Copper-Gold ('Cu-Au') Districts. Some $23 million was spent on 29,000 m of drilling and extensive geophysical, geochemical and geological surveys (see Amarc November 20, 2024 release), including: Some 16,883 m of core drilling in 40 drill holes tested eight targets at the JOY District, including the PINE Deposit, the Canyon discovery and the Twins, and Northwest Gossan ('NWG') deposit targets. The new high grade AuRORA discovery was made in the NWG area at JOY. A two-phase program was completed at the DUKE District, including 4,828 m in nine holes, further defining Cu-Mo mineralization in the central portion of the DUKE Deposit as well as identifying potentially important volumes of additional mineralization to the south and north of the main Deposit and 5,815 m in 19 holes, testing District Cu-Au targets across the DUKE District. Nine holes testing the potential of the higher grade historical Empress Cu-Au Deposit at its IKE Cu-Au District. Results from programs across all Districts are planned for release in Q1 2025. About Kinvestor and the KME25 Conference In today's rapidly evolving economic and environmental landscape, the mining and energy sectors are at the forefront of critical global shifts. From driving the energy transition through renewable initiatives and critical mineral extraction to addressing supply chain challenges and geopolitical influences, these industries play a pivotal role in shaping a sustainable future. This conference empowers investors to navigate these changes, identify emerging opportunities, and make informed decisions in a dynamic market. KME25 is a premier virtual conference showcasing innovative small and mid-cap public companies within the mining and energy sectors, hosted by Arlen Hansen, host of The Kinvestor Report. KME25 will feature a dynamic roundtable panel, 'Resources in a Time of Transition,' where top industry experts will explore how political shifts, economic policies, and global tensions are redefining the future of mining, energy, and commodities. Kinvestor's virtual conferences offer presenting companies a unique opportunity to showcase their latest developments and engage in a live Q&A-style dialogue with attendees. At Kinvestor, we create powerful opportunities for investors to connect with both established and up-and-coming public companies in the mining, technology, and energy sectors on a free to join virtual platform. Kinvestor is powered by Kin Communications Inc, a full-service investor relations agency with over 14 years of experience across multiple industries. Our goal is to foster long-term relationships with investors, thought leaders and the media through our virtual conferences and interview series The Kinvestor Report. For more information visit About Amarc Resources Ltd. Amarc 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 Cu-Au mines in BC. By combining high-demand projects with dynamic management, Amarc has created a solid platform to create value from its exploration and development-stage assets. Amarc is advancing its 100%-owned JOY, DUKE and IKE porphyry Cu±Au districts located in different prolific porphyry regions of southern, central and northern BC, respectively. Each district represents significant potential for the development of multiple and important-scale, porphyry Cu±Au deposits. Importantly, each of the three districts is located in proximity to industrial infrastructure - including power, highways and rail. Freeport-McMoRan Mineral Properties Canada Inc. ('Freeport'), a wholly owned subsidiary of Freeport-McMoRan Inc. at JOY and Boliden Mineral Canada Ltd. ('Boliden'), an entity within the Boliden Group of companies at DUKE, can earn up to a 70% interest in each District through staged investments of $110 million and $90 million, respectively. Together this provides Amarc with potentially up to $200 million in non-share dilutive staged funding for these Districts. In addition, Amarc has completed self-funded drilling at its higher-grade Empress Deposit in the IKE District. Additional drill results from core holes at JOY, as well as those completed in 2024 at DUKE and IKE are being compiled for release in Q1 2025. Amarc is the operator of all programs. Amarc is associated with HDI, a diversified, global mining company with a 35-year history of porphyry Cu deposit discovery and development success. Previous and current HDI projects include some of BC's and the world's most important porphyry deposits - such as Pebble, Mount Milligan, Southern Star, Kemess South, Kemess North, Gibraltar, Prosperity, Xietongmen, Newtongmen, Florence, Casino, Sisson, Maggie, IKE, PINE, DUKE and AuRORA. From its head office in Vancouver, Canada, HDI applies its unique strengths and capabilities to acquire, develop, operate and monetize mineral projects. Amarc works closely with local governments, Indigenous groups and stakeholders in order to advance its mineral projects responsibly, and in a manner that contributes to sustainable community and economic development. We pursue early and meaningful engagement to ensure our mineral exploration and development activities are well coordinated and broadly supported, address local priorities and concerns, and optimize opportunities for collaboration. In particular, we seek to establish mutually beneficial partnerships with Indigenous groups within whose traditional territories our projects are located, through the provision of jobs, training programs, contract opportunities, capacity funding agreements and sponsorship of community events. All Amarc work programs are carefully planned to achieve high levels of environmental and social performance. Mark Rebagliati, a Qualified Person as defined under National Instrument 43-101, has reviewed and approved the technical content in this release. For further details on Amarc Resources Ltd., please visit the Company's website at or contact Dr. Diane Nicolson, President and CEO, at (604) 684-6365 or within North America at 1-800-667-2114, or Kin Communications, at (604) 684-6730, Email: [email protected]. ON BEHALF OF THE BOARD OF DIRECTORS OF AMARC RESOURCES LTD. Dr. Diane Nicolson President and CEO Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward Looking and other Cautionary Information This news release includes certain statements that may be deemed 'forward-looking statements'. All such statements, other than statements of historical facts that address exploration plans and plans for enhanced relationships are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Assumptions used by the Company to develop forward-looking statements include the following: Amarc's projects will obtain all required environmental and other permits and all land use and other licenses, studies and exploration of Amarc's projects will continue to be positive, and no geological or technical problems will occur. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, potential environmental issues or liabilities associated with exploration, development and mining activities, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and tenure and delays due to third party opposition, changes in and the effect of government policies regarding mining and natural resource exploration and exploitation, exploration and development of properties located within Aboriginal groups asserted territories may affect or be perceived to affect asserted aboriginal rights and title, which may cause permitting delays or opposition by Aboriginal groups, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. For more information on Amarc Resources Ltd., investors should review Amarc's annual Form 20-F filing with the United States Securities and Exchange Commission at and its home jurisdiction filings that are available at
