Amarc Announces Important Drill Intersection Southeast of the 2024 Aurora Copper-Gold Discovery Drill Holes at Joy
Executive Summary
- Amarc announced partial assay results from drill hole JP25098, revealing a 159 m interval with 0.33 % Cu, 0.43 g/t Au and 5.2 g/t Ag outside the previously identified magnetic high‑grade zone.
- The result suggests that significant mineralization extends beyond strong magnetic signatures, expanding the exploration potential of the JOY District and supporting a larger world‑class porphyry Cu‑Au‑Ag system.
- The 2025 JOY exploration program remains fully funded ($15 M CAD) by Freeport‑McMoRan, with additional drilling capacity (fourth rig) now on site to target further discoveries such as the Twins and Canyons targets.
Key Details
- Hole JP25098 – Partial Assay Highlights
- Interval 253–412 m (159 m): 0.33 % Cu, 0.43 g/t Au, 5.2 g/t Ag.
- Additional intervals show consistent mineralization: e.g., 283‑348 m (65.25 m) – 0.37 % Cu, 0.37 g/t Au, 6.0 g/t Ag; 356.65‑375 m (18.35 m) – 0.43 % Cu, 0.58 g/t Au, 6.2 g/t Ag.
- Geological Significance
- Mineralization occurs in rock with a weak magnetic signature but strong IP chargeability response, indicating that exploration targets are not limited to magnetic highs.
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Supports the concept of a large‑scale, open‑ended porphyry system across the JOY District.
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2025 Drilling Activity
- Since June 26, 2025: 19 step‑out/expansion holes and one infill hole completed (≈7,000 m total).
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Ongoing step‑out drilling continues to test lateral continuity of the AuRORA deposit.
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Funding & Partnerships
- JOY program budget: CAD +15 M, 100 % funded by Freeport‑McMoRan Mineral Properties Canada Inc., which is now the Operator.
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Joint venture Aurora Minerals Ltd. (Freeport 60 %, Amarc 40 %) has appointed Amarc as primary contractor under a Services Agreement.
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Operational Update
- A fourth drill rig has arrived at the JOY site to accelerate evaluation of additional targets (Twins, Canyons, etc.).
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Handheld pXRF Cu measurements on other step‑out holes indicate further potential mineralization volumes beyond the 2024 discovery.
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Assay Status
- Remaining assays from completed 2025 holes are pending; results will be released in batches as they become available.
Notable Quotes
“The information released today illustrates the potential for significant resource expansion of the exciting new, high‑grade AuRORA porphyry copper‑gold‑silver deposit which remains open,” – Dr. Diane Nicolson, President & CEO.
“Additionally, a fourth drill rig has arrived at the JOY site to assist in the further evaluation of major deposit potential elsewhere in the District.” – Dr. Diane Nicolson
All technical data reviewed and approved by Qualified Person Mark Rebagliati, P.Eng (NI 43‑101).