Amarc’s reinterpretation of historical drilling and its recent drilling at JOY is confirming the presence of a substantial body of porphyry Cu-Au mineralization at the PINE Deposit.
Pine Deposit Highlights
PINE Deposit - IP Chargeability Surveys Have Confirmed a 6 km2 Mineral System
PINE Deposit – 2024 Drilling at the PINE Deposit Further Expands Tonnage Potential- Prior to 2022, the PINE Deposit was known (from historical drilling) to extend over approximately 600 m by 900 m, and be open to expansion internally, laterally and at depth
- In 2022:
- 11 core holes (up to 781 m in length) extended the footprint of the deposit over a strike length of 1,700 m
- Favorable geometry also being revealed: most of the known mineralization occurs from surface to 300 m depth, and locally extends to 550 m depth
- additional centers of higher Cu-Au grade revealed along the PINE Deposit trend
- Outboard, wider spaced and mainly historical drilling indicating the potential to expand to over 2,600 m
- In 2024:
- JP24058 successfully intersected 182 m of 0.32% CuEQ with 0.26 g/t Au, 0.16% Cu and 2.3 g/t Ag from 368 m, including 110 m of 0.44% CuEQ with 0.34 g/t Au, 0.23% Cu, 3.1 g/t Ag from 440 m and 36.85 m of 0.79% CuEQ with 0.51 g/t Au, 0.48% Cu and 3.7 g/t Ag from 785 m; these mineralized intersections have expanded the PINE Deposit 180 m to the east and 180 m to the south.
- Situated within an extensive (6 km2), high-potential mineralized system, defined by IP chargeability geophysics, alteration mapping and variably-spaced historical drilling, that remains to be fully explored
- Similar geological setting to the Kemess South, North and East deposits, to the Golden Triangle’s KSM and Saddle North deposits and to the Red Chris porphyry Cu-Au mine operated by Newcrest Mining Ltd.