Amarc Resources (TSE:AHR) has released an update.
Amarc Resources Ltd. has announced the discovery of the JO porphyry copper-gold target within the DUKE District of central British Columbia, which has been identified through a series of comprehensive exploration surveys conducted in 2023. This new target, along with multiple other drill-ready porphyry copper-gold targets, will benefit from a $10 million exploration budget for 2024, under the partnership with Boliden Mineral Canada Ltd. The discovery at JO is particularly significant given its similar geological features to the historical Babine porphyry Cu-Au Region and Amarc’s other deposits in the area.
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