• Cu:
  • Au:
  • TSX-V: AHR $
  • OTC: AXREF $

DUKE Project

Highlights

Amarc’s 732 km2 DUKE Cu-Au District (DUKE District) is located 80 km NE of Smithers in central British Columbia (BC).

  • The DUKE District is in the Babine Region (Babine), one of BC’s most prolific porphyry Cu-Au belts that includes Noranda Mines’ past producing Bell and Granisle Cu-Au mines and the advanced stage Morrison Cu-Au deposit[1]
  • Extensive transportation and power infrastructure has been developed in the Babine to service forestry and historic mining activity

[1] Bell, Granisle and Morrison are held by third parties.

DUKE District

The Duke District hosts the DUKE Deposit, and the Duke Deposit Offset, which are open to expansion, and a series of deposit-scale exploration targets.

As of a November 2022 agreement, Boliden Mineral Canada Ltd. (Boliden) has a two-staged option to earn up to a 70% interest in the DUKE District by funding $90 million exploration and development expenditures. To the end of 2024, Boliden has contributed $20 million to the DUKE District exploration programs, including: 

  • In 2022-2023, 16 drill holes (7,552 m) were completed to further delineate the DUKE Deposit, increasing the size of the DUKE Deposit porphyry Cu–Mo-Ag-Au system to depths of at least 600 m, laterally to over 650 m north-south by 800 m east-west (June 15, 2023 release).
  • In 2024, 4,828 m were drilled in nine holes, further defining Cu-Mo-Ag-Au mineralization in the central portion of the Deposit as well as identifying potentially important volumes of additional mineralization to the south and north of the main Deposit (June 25, 2024 release)
  • In 2024, scout drilling of the multiple Cu-Au targets began across the DUKE District. 

Project Highlights

  • Amarc’s consolidated mineral tenure hosts a quality pipeline that includes:
    • The DUKE Cu-Mo-Ag deposit and DUKE Deposit Offset
    • Multiple new priority porphyry Cu style exploration targets
  • Drilling in 2022-2024 at the DUKE porphyry Cu-Mo-Ag deposit:
    • Successfully expanded the deposit, identifying new potential to the south and northwest (DUKE Deposit Offset); and
    • Increased Amarc’s understanding of the controls on mineralization in the DUKE District, developing an exploration template to effectively screen and advance the multiple priority exploration targets within the extensive District
  • District programs in 2023 and 2024 reveal hallmarks of early-stage exploration success within a greenfields district:  
    • The systematic and extensive exploration model is permitting the cost-effective identification of prospective mineralized targets and built a pipeline of early-stage reconnaissance scale targets to be drill tested.
    • The initial drill programs at the JO, C4 and Svea targets identified prospective mineralized environments for follow-up. Multiple additional Cu-Au targets remain to be tested.

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