Amarc lifts 2026 JOY copper-gold exploration budget to CAD 20 million

Reuters2026/07/21 11:45

By:Reuters

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Amarc lifted its 2026 JOY copper-gold district exploration budget by CAD 5 million to CAD 20 million.
Freeport is funding the program via AuRORA Minerals, a JV owned 60% by Freeport, 40% by Amarc.
Spending counts toward Freeport’s CAD 75 million Stage 2 earn-in for an extra 10% stake, targeting 70% total.
Drilling started with three rigs to expand the AuRORA gold-rich porphyry deposit, open beyond a 1.4 km by 0.8 km drilled area.
Work also targets the TWINS gold-copper discovery, about 17 km south, with district-wide surveys to generate additional drill targets.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Amarc Resources Ltd. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202607210745ACCESSWRNAPR_____1193764) on July 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Amarc lifts 2026 JOY copper-gold exploration budget to CAD 20 million

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