Amarc and Freeport Successfully Complete JOY District Exploration

Amarc Resources Ltd. has announced the successful completion of its 2026 exploration program at the JOY District in British Columbia, operated through AuRORA Minerals Ltd., a joint venture 60% owned by Freeport-McMoRan. The program, funded by Freeport, amounted to $22 million. Amarc managed the exploration under a services agreement.

Drilling at the AuRORA Deposit highlighted its potential with high-grade mineralization near the surface. The program included significant drilling at the TWINS Discovery and the NWG Target. Important geological surveys were conducted, identifying the new 12 km AuRORA Trend, rich in porphyry gold-copper deposits.

Overall, 13,962 meters of core drilling were completed. Key highlights include expanding the mineral systems along the AuRORA Trend and detailed analysis through 45 km² of geological mapping and various geochemical surveys. Further detailed assay results are pending.