on Amarc Resources Ltd. (NASDAQ:AXREF)
Amarc Resources Completes 2024 Drilling in Key Copper-Gold Districts
Amarc Resources Ltd. has concluded its 2024 drilling and survey programs at the JOY, DUKE, and IKE Copper-Gold Districts in British Columbia. Over 29,000 meters of drilling were conducted with significant advancements reported. The JOY district saw 16,883 meters of drilling and geophysical surveys funded by Freeport McMoRan, with investments expected to reach $12 million by year-end.
At the DUKE district, supported by Boliden Mineral, a two-phase program consisted of 10,643 meters of drilling designed to prepare deposit targets for 2025, with an estimated investment of $10 million. The IKE district, self-funded by Amarc, involved 1,873 meters of core drilling focusing on the historic Empress Cu-Au Deposit.
R. P.
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