Latest news with #AuRORA
The Market Online
13-05-2025
- Business
- The Market Online
B.C. gold explorer adds claims next to new discovery
Gold explorer Hi-View Resources (CSE:HVW) acquired 613.24 hectares of claims near Amarc Resources and Freeport-McMoRan's recent discovery at the AuRORA porphyry target in British Columbia The discovery yielded up to 4.48 grams per ton (g/t) of gold, 8.4 g/t silver and 0.96 per cent copper Hi-View Resources acquires, explores and develops mineral properties in the Toodoggone region of northern British Columbia The junior mining stock has given back over 80 per cent since 2022 Gold explorer Hi-View Resources (CSE:HVW) acquired 613.24 hectares of claims near Amarc Resources and Freeport-McMoRan's recent discovery at the AuRORA porphyry target in British Columbia's Toodoggone region, yielding up to 4.48 grams per ton (g/t) of gold, 8.4 g/t silver and 0.96 per cent copper. Amarc owns three districts in the region, each of which boasts the potential to host multiple porphyry copper-gold deposits of significant scale. Freeport-McMoRan, one of the largest public copper producers, can earn up to a 70 per cent interest in each district by investing up to C$200 million in development capital. Hi-View's new claims, contiguous with its Lawyers East claim block, were purchased from three arm's-length vendors for 600,000 Hi-View shares and C$1,073.16 in cash. The company is planning follow-up exploration at its Lawyers South, East and West claims, as well as its Golden Stranger project, the latter housing a non-compliant resource of 39,870 ounces of gold. Leadership insights 'In 2025, the Toodoggone region has solidified its status as one of Canada's premier mining districts. Amarc Resources' AuRORA discovery is potentially British Columbia's highest-grade porphyry find to date. Thesis Gold secured a C$24.5 million investment from Centerra Gold— the operator of Kemess South, the region's last active mine — which will fund a robust drill program at the Lawyers-Ranch complex. A Q4 resource update is anticipated, potentially positioning Thesis as an attractive takeover target. Skeena Resources added further momentum to the region by selling its Sophia project to TDG Gold and committing a strategic C$11.5 million investment,' Robert Nick Horsley, Hi-View Resources' chief executive officer, said in a statement. 'Meanwhile, Hi-View's land package — highlighted by historic drilling at the Golden Stranger and the underexplored Southeast Block — offers exciting untapped potential, setting the stage for the upcoming exploration season.' About Hi-View Resources Hi-View Resources acquires, explores and develops mineral properties in Canada and the USA. Its portfolio is concentrated in the Toodoggone region of northern British Columbia, which is prospective for gold, silver and copper. Hi-View Resources stock (CSE:HVW) last traded at C$0.025. The stock has given back over 80 per cent since 2022. Join the discussion: Find out what everybody's saying about this junior gold, silver and copper stock on the Hi-View Resources Inc. Bullboard and check out the rest of Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
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
Yahoo
18-02-2025
- Business
- Yahoo
Pacific Ridge Plans to Drill RDP Copper-Gold Project Which Returned 107.2 metres of 1.39% Copper Equivalent or 2.06 g/t Gold Equivalent Within 497.2 metres of 0.66% Copper Equivalent or 0.97 g/t Gold Equivalent in an Earlier Drill Program; Financing Update
Vancouver, British Columbia--(Newsfile Corp. - February 18, 2025) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZD) (FSE: PQWN) ("Pacific Ridge" or the "Company") is pleased to announce that it plans to drill its 100% owned RDP copper-gold project ("RDP" or the "Project") this year. Drilling in 2022 returned 107.2 m of 1.39% copper equivalent* ("CuEq") or 2.06 g/t gold equivalent**("AuEq") (0.63% copper, 1.10 g/t gold, and 2.91 g/t silver) within 497.2 m of 0.66% CuEq* or 0.97 g/t AuEq** (0.37% copper, 0.40 g/t gold, and 1.60 g/t silver)(see Table 1). The Project is located in northcentral B.C., 40 km west of the Company's flagship Kliyul copper-gold project (see Figure 1). Highlights RDP is located in B.C.'s Golden Horseshoe at the southern end of the Toodoggone District ("Toodoggone") in northcentral British Columbia (see Figure 2) and was under option to Antofagasta Minerals S.A. from 2022 to 2024. Five diamond drill holes, totaling 1,392 m, were completed at the Day target ("Day") in 2022 with drill hole RDP-22-005 returning 107.2 m of 1.39% CuEq* or 2.06 g/t AuEq** (0.63% copper, 1.10 g/t gold, and 2.91 g/t silver) within 497.2 m of 0.66% CuEq* or 0.97 g/t AuEq** (0.37% copper, 0.40 g/t gold, and 1.60 g/t silver)(see Figure 3 and Table 1). This was one of the highest-grade porphyry copper-gold intervals reported in B.C. in 2022. In 2023, only two drill holes, totaling 987 m, were drilled at Day. Drill hole RDP-23-007 was collared 330 metres northwest of RDP-22-005 and intersected 19.0 m of 0.45% CuEq* or 0.67 g/t AuEq** (0.32% copper, 0.19 g/t gold, and 1.08 g/t silver) at the bottom of the hole, which supports Pacific Ridge's interpretation of a tabular porphyry system with a steeply north-dipping pipe vectoring towards a larger porphyry source at depth. The Company believes that the 2023 drill program did not adequately test this interpretation. Targeting the porphyry source at Day will be the focus of the 2025 RDP drill program. "A sequence of recent events has led us to refocus our exploration efforts on B.C.," said Blaine Monaghan, President & CEO of Pacific Ridge. "The tariff threat has led B.C. Premier David Eby to pledge quicker permitting times and greater support for critical minerals projects. In addition, Amarc's recent AuRORA discovery has highlighted the discovery potential for high-grade porphyry copper-gold mineralization in the Toodoggone. We are excited to get back to RDP and follow up on drill hole RDP-22-005. Figure 1: Location of RDP and Pacific Ridge's Other Copper-Gold Porphyry Projects To view an enhanced version of this graphic, please visit: Figure 2: RDP Located at Southern End of Toodoggone Within B.C.'s Golden Horseshoe To view an enhanced version of this graphic, please visit: Financing Update The Company is not proceeding with the previously announced option agreements to acquire a portfolio of copper and gold projects located in the United States (see news release dated January 8, 2025). Further, Pacific Ridge is cancelling the related financing (see news release dated January 27, 2025) and is replacing it with the financing below. Pacific Ridge plans to issue up to 6,000,000 units ("Units") at a price of $0.14 per Unit and 6,000,000 critical mineral flow-through units ("FT Units") at a price of $0.17 per FT Unit in a non-brokered private placement for gross proceeds of up to $1,860,000 (the "Offering"). Each Unit will be comprised of one common share of the Company and one common share purchase warrant ("Warrant"). Each FT Unit will be comprised of one common share of the Company issued as a "flow-through share" within the meaning of the Income Tax Act (Canada) (each, a "FT Share") and one Warrant. Each Warrant will be exercisable to purchase one additional non-flow-through common share at an exercise price of $0.20 for a period of 36 months. Proceeds from the sale of the FT Units will be used for "Canadian critical minerals exploration expenses" at Pacific Ridge's B.C. projects. These expenditures will qualify as "critical mineral flow-through mining expenditures" within the meaning of the Income Tax Act (Canada). Proceeds from the Offering will be used for a drill program at RDP and for general working capital. Pacific Ridge may pay finder's fees of 7% cash on a portion of the Offering. In addition, the Company may issue compensation warrants, exercisable for a period of 36 months, to acquire in aggregate that number of non-flow-through common shares of the Company which is equal to 7.0% of the number of Units and FT Units sold under the Offering at a price of C$0.20. The Offering and payment of finder's fees are subject to TSX Venture Exchange acceptance. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. The Day Target Day, just one of several targets at RDP, consists of a 100 x 150 m rusty weathering malachite-stained outcrop protruding from a boulder talus slope. Porphyry Cu-Au-Ag mineralization is hosted in a composite, hornblende-plagioclase sub-porphyritic diorite stock that intruded polymictic volcano-sedimentary rocks of the Lower Hazelton Group (Telkwa Formation). Mineralization at surface is primarily chalcopyrite, with coarse blebby bornite noted in potassic alteration zones. Chalcopyrite occurs as disseminated blebs in groundmass, as disseminated grains on tight fractures, filling the centerline of quartz and quartz-magnetite veins (QMS veins), or as coarse replacements up to 5 x 10 cm in size. Drilling results from 2022-2023 suggest that Day is westward-striking, steeply northward-dipping (80°), and has a tabular or lenticular pipe shape with minimum approximate dimensions of 310 m east-west, 100 m north-south, and up to 600 m vertical depth. Mineralization remains open to the west, north, east, and at depth. Geophysical models (Magnetic Vector Inversion and Induced Polarization) corroborate grade shell modelling and suggest the known occurrence at Day may be a structurally controlled intrusion that dips steeply northward towards a larger porphyry source at approximately 500-550 m depth. It lies at the centre of an MVI anomaly, and along a tight gradient zone between high-to-low chargeability and high-to-low resistivity (Figures 4, 5, and 6). Figure 3: RDP Target Areas To view an enhanced version of this graphic, please visit: Figure 4: Plan View of 2022-2023 Drilling CuEq* with MVI Induced Model in Background To view an enhanced version of this graphic, please visit: Figure 5: Section View (A to A' in Figure 4) 3D IP Chargeability Model for the Day Porphyry System To view an enhanced version of this graphic, please visit: Figure 6: Section View (A to A' in Figure 4) 3D IP Resistivity Model for the Day Porphyry System To view an enhanced version of this graphic, please visit: Table 1 2022-2023 Day Drilling Results Hole No From(m) To(m) Width(m) Cu(%) Au(g/t) Ag(g/t) CuEq(%)* AuEq(g/t)** RDP-22-001 9.5 61.0 51.5 0.51 0.65 2.59 0.97 1.44 RDP-22-002 16.0 42.5 26.5 0.50 0.69 4.84 1.00 1.48 RDP-22-003 13.1 72.5 59.4 0.78 1.20 2.99 1.61 2.39 RDP-22-004 15.3 58.0 42.7 0.43 0.70 1.69 0.92 1.36 RDP-22-005 15.8 513.0 497.2 0.37 0.40 1.60 0.66 0.97 includes 15.8 39.0 23.2 1.02 1.84 4.09 2.29 3.40 includes 15.8 123.0 107.2 0.63 1.10 2.91 1.39 2.06 RDP-23-007 includes 511.0 573.0† 62.0 0.16 0.06 0.84 0.21 0.31554.0 573.0† 19.0 0.32 0.19 1.08 0.45 0.67 RDP-23-008 123.0 132.0 9.0 0.10 0.02 0.67 0.12 0.18 RDP-23-008 158.0 188.0 30.0 0.08 0.02 0.36 0.10 0.15 includes 182.0 186.5 4.5 0.16 0.03 0.45 0.18 0.26 RDP-23-008 306.0 312.0 6.0 0.15 0.04 0.73 0.18 0.27 *CuEq = ((Cu%) x $Cu x 22.0462) + (Au(g/t) x AuR/CuR x $Au x 0.032151) + (Ag(g/t) x AgR/CuR x $Ag x 0.032151)) / ($Cu x 22.0462).**AuEq = ((Au(g/t) x $Au x 0.032151) + ((Cu%) x CuR/AuR x $Cu x 22.0462) + (Ag(g/t) x AgR/CuR x $Ag x 0.032151)) / ($Au x 0.032151).Commodity prices: $Cu = US$3.25/lb, $Au = US$1,800/oz., and Ag = US$20.00/ has been no metallurgical testing on RDP mineralization. The Company estimates copper recoveries (CuR) of 84%, gold recoveries (AuR) of 70%, and silver recoveries (AgR) of 65% based on the average recoveries from Kemess Underground, Mount Milligan, and Red Chris.)Factors: 22.0462 = Cu% to lbs per tonne, 0.032151 = Au g/t to troy oz per tonne, and 0.032151 = Ag g/t to troy oz per tonne.† End of hole About Pacific Ridge Pacific Ridge is one of B.C.'s leading copper-gold exploration companies. The Company's flagship asset is its 100% owned Kliyul copper-gold project, located in the Quesnel terrane close to existing infrastructure. In addition to Kliyul, Pacific Ridge's project portfolio includes the RDP copper-gold project, the Chuchi copper-gold project, the Onjo copper-gold project, and the Redton copper-gold project, all located in British Columbia. Pacific Ridge would like to acknowledge that its B.C. projects are located in the traditional, ancestral and unceded territories of the Gitxsan Nation, McLeod Lake Indian Band, Nak'azdli Whut'en, Takla Nation, and Tsay Keh Dene Nation. On behalf of the Board of Directors, "Blaine Monaghan" Blaine Monaghan President & CEOPacific Ridge Exploration Ltd. Investor Relations: Tel: (604) 687-4951Email: ir@ Twitter: 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. The technical information contained within this News Release has been prepared under the supervision of, and reviewed and approved by. Danette Schwab, Vice President Exploration of the Company, and a Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects. Forward-Looking Information: This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, are forward-looking statements. Forward looking statements in this news release include plans to drill RDP and raising $1,860,000. Although Pacific Ridge 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 forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration successes, and continued availability of capital and financing and general economic, market or business conditions. These statements are based on a number of assumptions including, among other things, assumptions regarding general business and economic conditions; that at least one of the options will be exercised; that Pacific Ridge and other parties will be able to satisfy stock exchange and other regulatory requirements in a timely manner; that TSXV approval will be granted in a timely manner subject only to standard conditions; that all conditions precedent to the Agreements will be satisfied in a timely manner; the availability of financing for Pacific Ridge's proposed programs on reasonable terms, and the ability of third party service providers to deliver services in a timely manner. 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. Pacific Ridge does not assume any obligation to update or revise its forward-looking statements, whether because of new information, future events or otherwise, except as required by applicable law. NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES To view the source version of this press release, please visit Sign in to access your portfolio
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
