Company: AXREF
Filing Date: 2025-07-28
Form Type: 20-F
Source: 0001654954-25-008549
Chunk: 21

Company: AMARC RESOURCES LTD
Filing Date: 2025-07-28
Form: 20-F
Item: Item 4
Chunk 21
---
Plan of 2024 drill holes along various section lines at the AuRORA Deposit. The tenure of the Au and Cu mineralization is shown by the bars along each drill hole, indicating the mineralization is open to expansion.

  Table of Contents  

-27-

Figure 6

Cross Sections (8000N, 7700N, 7600N and 7500N) through the AuRORA Deposit showing the Cu-Au-Ag mineralization begins near surface and is open to expansion.

  Table of Contents  

-28-

2024 Drilling Outside of the AuRORA Discovery

In addition to the 20 holes completed at the AuRORA discovery in 2024, five initial scout drill holes were completed elsewhere within the 3.7 km2NWG Target, as defined by IP chargeability ground geophysics. The location of these scout drill holes was based on 2023 exploration survey data, and information from this drilling is currently being further assessed in conjunction with the AuRORA discovery drill hole data and results from expanded surface geochemical sampling completed at NWG in 2024.

Nine other sulphide systems have been established at JOY, mainly located approximately 15 km to the southeast of the AuRORA discovery (Figure 4). These systems occur along trends similar to those found in some of the world’s major porphyry Cu districts (Amarc January 20, 2025 release). Drilling to date in three of these sulphide systems, the Twins, PINE and Canyon, have intersected porphyry Cu-Au mineralization.

The prospective Twins porphyry target sulphide systemis defined by a 7 km2IP chargeability geophysics anomaly. One of the early scout holes JP22020, tested a magnetic high within the chargeability anomaly and intersected a broad 204 m geochemically anomalous interval with 136 ppb Au and 340 ppm Cu from 12 m, and was considered to be in proximity to a porphyry Cu-Au deposit. In 2024, follow up hole JP24051 was set back 187 m to the northeast and drilled on the same section but below JP22020: it returned intercepts of 96 m of 0.25% CuEQ (0.27 g/t Au, 0.09% Cu and 0.5 g/t Ag) from 345 m, and 124 m of 0.33% CuEQ (0.35 g