Northwire Canada EditionSaturday, July 25, 2026
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B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9% B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9%
Drill Results Material +

Amarc Confirms Discovery of Third New Porphyry Copper-Gold System at JOY

Discovery of Third Porphyry System Validates District Scale Potential While Financial Risks Persist

By The Northwire Desk — AI Analysis Feb 19, 2026 · 07:45 AHR · 1.2 Amarc Resources Ltd.
Executive Summary

The news release dated February 19, 2026, confirms the discovery of a third porphyry copper-gold system, named TWINS, within the 100%-owned JOY District in British Columbia. This follows the previously announced AuRORA and CANYON discoveries. Key assay results from the 2025 program at TWINS include hole JP25106, which returned 300 meters of 0.51 g/t Au and 0.23% Cu (beginning at 819m depth), with a higher-grade sub-interval of 45 meters at 1.08 g/t Au and 0.47% Cu. The discovery is situated within a large 8.5 km² IP chargeability anomaly. The company also confirmed that $16 million was spent on the JOY District in 2025, fully funded by partner Freeport-McMoRan.

Material Impact

This news is materially positive as it transitions the JOY project from a single-deposit story (AuRORA) to a multi-deposit district-scale play. - Geological Validation: The discovery of TWINS validates the "lithocap exploration" model used by the technical team. The fact that mineralization was found beneath a large lithocap suggests other anomalies in the district may also host concealed porphyry systems. - Strategic Partner Commitment: Freeport-McMoRan has elected to proceed to Stage 2 of the Earn-In Agreement, committing an additional $75 million over five years to earn an extra 10% interest (total 70%). This secures long-term, non-dilutive funding for the flagship project. - Scale: The footprint of the JOY District (now three discoveries plus historical deposits like PINE and Brenda) suggests a Tier 1 potential similar to the Golden Triangle, though still at an early exploration stage.

AHR · Price
Company Overview

Amarc Resources is a "Hunter Dickinson Inc." (HDI) company focused on developing district-scale copper-gold assets in British Columbia. - JOY District (Flagship): A 630 km² land package in the Toodoggone region. It is the northern extension of the Kemess porphyry district. It hosts the AuRORA, TWINS, and CANYON discoveries. - DUKE District: Located in central BC, currently under a 70% earn-in agreement with Boliden ($90M commitment). - IKE District: Located in south-central BC, 100% owned, hosting the IKE and Empress deposits.

Read the original news release →

More from Amarc Resources Ltd.

Jul 21, 2026 · 07:45

Amarc raises the Joy District 2026 budget to $20m, fully funded by Freeport.

Financings Jul 08, 2026 · 09:00

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Drill Results Jul 02, 2026 · 07:45

Amarc Announces Commencement Of 2026 Aurora & Joy Copper-Gold District Drilling

Drill Results Jun 25, 2026 · 07:45

Amarc begins $4 million Boliden-funded exploration at the Duke District, maintaining its operator status for the project.

Drill Results May 27, 2026 · 07:45

Freeport’s $75M Top-Up Locks In 70% Stake; Drills Keep Turning at Joy as Amarc Eyes District Potential

Drill Results Apr 22, 2026 · 07:45

Frankfurt Listing Provides Liquidity but Fails to Halt Valuation Correction Despite Strong Exploration Fundamentals

Production / Operations