Research analysts covering AMARC RESOURCES.
Recent press releases and 8-K filings for AXREF.
TDG Gold Corp. Reports Expanded Aurora West Zone and New Porphyry Discovery
AXREF
New Projects/Investments
- TDG Gold Corp. announced the remaining drilling results from its 2025 Phase I and Phase II exploration programs, expanding the Aurora West Zone to approximately 1,000 meters of strike.
- Phase II drilling at Aurora West intersected significant mineralization, with drill hole TDG25-020 showing 1.02 g/t gold and 0.43% copper over 14.0 m.
- A new porphyry-style alteration zone was discovered approximately 600 m north of the Aurora Complex, suggesting a much larger porphyry system within the Greater Shasta–Newberry Project.
- The company is well-funded and will prioritize evaluating potential extensions of AuRORA 1-style mineralization onto its GSN project in early 2026.
3 days ago
Amarc Resources Ltd. Announces Continued Expansion of AuRORA Copper-Gold-Silver Deposit
AXREF
New Projects/Investments
- Amarc Resources Ltd. and Freeport-McMoRan are continuing to expand the high-grade AuRORA Copper-Gold-Silver Deposit, which now measures 1.4 km by 0.8 km and remains open for further expansion.
- In 2025, twenty-four core holes (9,687 m) were completed at AuRORA, leading to an expansion of +400 m to the north and cumulatively 550 m to the east, +500 m to the southeast, and 50 m to the south from the 2024 discovery drilling.
- The CAD $16+ million JOY exploration program expenditures in 2025 were 100% funded by Freeport-McMoRan, which has earned a 60% interest in the JOY District and plans to earn an additional 10% interest by spending CAD $75 million over five years.
- Significant molybdenum (Mo) mineralization was identified in five drill holes in the southeast area of AuRORA, with long intercepts ranging from 133 to 356 ppm Mo.
Jan 27, 2026, 1:30 PM
Amarc Resources Ltd. Reports on 2025 AuRORA Discovery Success and Advancement of Copper-Gold Assets
AXREF
New Projects/Investments
M&A
- Amarc Resources Ltd. materially strengthened its position in 2025 as a leading copper-gold exploration company, highlighted by the expansion of the AuRORA Deposit within the JOY Cu-Au District. The AuRORA Deposit, discovered in January 2025, was expanded in 2025 by at least 300 m to the north, 200 m to the east, and 300 m to the southeast.
- The JOY District is being advanced through a joint venture, AuRORA Minerals Ltd (AML), 60% held by Freeport-McMoRan Mineral Properties Canada Inc. and 40% by Amarc. Freeport has committed an additional $75 million to earn a further 10% interest.
- In the DUKE District, Boliden Mineral Canada Ltd. funded approximately $10 million in 2025, bringing its total investment to $30 million for a 60% interest, with an option for a further $60 million investment for 70% interest.
- Overall, Amarc has secured up to $200 million in funding through joint venture agreements, with approximately $81 million received so far, and momentum is building towards potential transactions.
Jan 15, 2026, 10:15 PM
AMARC RESOURCES LTD Provides Update on AuRORA Deposit Expansion
AXREF
New Projects/Investments
- AMARC RESOURCES LTD (AXREF) announced additional assay results from its 2025 JOY District drill program, which continues to expand the AuRORA Copper-Gold-Silver Deposit.
- The AuRORA Deposit remains open for further expansion, with 24 core holes (9,687 m) completed in 2025 that expanded the deposit by +100 m to the north, approximately 200 m to the east, and approximately 300 m to the southeast.
- Significant drill hole highlights include intercepts such as 201 m of 1.40 g/t Au, 0.28% Cu and 2.6 g/t Ag and 201 m of 1.38 g/t Au, 0.27% Cu and 1.6 g/t Ag.
- Freeport-McMoRan Mineral Properties Canada Inc. is 100% funding the CAD $16+ million JOY exploration program expenditures in 2025 and has earned a 60% interest in the JOY District, with an option to earn an additional 10% by spending CAD $75 million.
Dec 10, 2025, 6:34 PM
Amarc Resources Reports Q3 2025 Financial Results and Exploration Progress
AXREF
Earnings
New Projects/Investments
CFO Change
- Amarc Resources Ltd. reported a net income of $649,897 for the three months ended September 30, 2025, compared to a net loss of $102,881 for the same period in 2024. Basic and diluted income per share was ($0.00) for Q3 2025.
- In the JOY District, Freeport-McMoRan elected to earn an additional 10% interest (for a total of 70%) by sole funding a further $75 million within five years, at a rate of no less than $10 million per year. The 2025 JOY exploration program, budgeted at CAD +$12 million, is 100% funded by Freeport.
- The 2025 drill program at the JOY District was successfully completed in October 2025, with 15,381 m of core drilling. Partial assay results from hole JP25098 at the AuRORA deposit showed 159 m of 0.33% Cu, 0.43 g/t Au and 5.2 g/t Ag.
- In the DUKE District, Boliden Mineral Canada Ltd. is progressing towards earning a 60% interest by the end of 2025, having provided $29.5 million for exploration through September 2025. Boliden funded the CAD$10 million 2025 drill program.
- Carol Li was appointed as the new CFO of the Company effective July 19, 2025.
Nov 3, 2025, 6:06 PM
Amarc Resources Announces AuRORA Deposit Expansion with High-Grade Assay Results
AXREF
New Projects/Investments
- Amarc Resources Ltd. announced further assay results from its 2025 drilling program at the AuRORA Deposit, located within the JOY District, as of November 3, 2025.
- The program, which included 24 drill holes (9,687 m), successfully expanded the AuRORA Deposit by over 200 meters to the north, with the deposit remaining open for further expansion.
- Highlights from the drilling include high-grade copper-gold-silver mineralization, such as 126 m of 0.97 g/t Au, 0.32% Cu and 4.8 g/t Ag and 231 m of 0.83 g/t Au, 0.22% Cu and 2.3 g/t Ag.
- The CAD $16+ million JOY exploration program for 2025 is 100% funded by Freeport, which has earned a 60% interest and is proceeding to earn an additional 10% interest by spending an additional CAD $75 million.
Nov 3, 2025, 2:54 PM
Amarc and Freeport Complete 2025 Aurora Expansion Drill Program at Joy Copper-Gold District
AXREF
New Projects/Investments
M&A
- Amarc Resources Ltd. and Freeport-McMoRan Mineral Properties Canada Inc. have successfully completed the 2025 drill program at the JOY District, primarily focused on expanding the AuRORA Deposit.
- The program involved 15,381 meters of core drilling across 35 drillholes, with 9,687 meters specifically at AuRORA, expanding the drill-tested area to approximately 1 km by 1 km.
- Freeport is sole-funding the CAD $15+ million 2025 exploration program and has committed an additional CAD $75 million to increase its interest in AuRORA Minerals Ltd. to 60%.
- Amarc believes the AuRORA discovery could lead to the emergence of a potential world-class porphyry Cu-Au district.
Oct 22, 2025, 5:41 PM
Amarc Resources Ltd. Reports Q2 2025 Results, Updates on Project Funding, and Announces CFO Change
AXREF
Earnings
New Projects/Investments
CFO Change
- Amarc Resources Ltd. reported a net loss of $379,029 for the three months ended June 30, 2025, an improvement from a net loss of $822,799 for the same period in 2024.
- As of June 30, 2025, the company had cash of $4,038,343, a working capital deficiency of $1,654,858, and an accumulated deficit of $74,319,629, with a material uncertainty regarding its ability to continue as a going concern.
- In the JOY District, Freeport-McMoRan Mineral Properties Canada Inc. earned a 60% interest by investing $35 million and is expected to elect to fund an additional $75 million for a 70% interest. A $10 million 2025 exploration program, funded by Freeport, has commenced.
- In the DUKE District, Boliden Mineral Canada Ltd. is funding a CAD$10 million 2025 drill program as part of its option to earn up to a 70% interest, while Amarc is self-funding work at the IKE District.
- Carol Li was appointed as the new CFO effective July 19, 2025, succeeding Thomas Wilson.
Aug 29, 2025, 8:04 PM
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