More Drill Results From Aurora And Three Emerging Copper-Gold Systems

VANCOUVER - Amarc Resources Ltd. reported on the remaining assays from the 2024 discovery drilling at its new, high grade, gold-rich porphyry copper-gold-silver (Cu-Au-Ag) AuRORA Deposit, and those from other porphyry Cu systems in the JOY District. Drilling in 2024 resulted in another new porphyry Cu-Au-Ag discovery at the Twins Target on the PINE Trend. Both the AuRORA and Twins discoveries are located on the Company's 100% owned, 495 km2 JOY Cu-Au District in the prolific Toodoggone-Kemess porphyry region of north-central British Columbia (BC). Amarc is the first company to drill test both the Northwest Gossan ("NWG") Target that hosts the AuRORA Deposit and the Twins Target. Freeport-McMoRan Mineral Properties Canada Inc. is fully funding work programs at JOY to earn an interest in the project. Amarc is the operator of all programs.

Collectively, the 20 initial AuRORA holes have advanced Amarc's objective to drill systematic step outs to outline an outstanding Cu-Au-Ag deposit. The Company was unable to complete additional drilling along the four sections described in this release due to the required demobilization when the camp housing the Amarc crew closed for the season.

"Today's results continue to build on previously announced holes from the high grade, near-surface AuRORA porphyry Cu-Au-Ag discovery. AuRORA is characterized by its significant vertical and lateral continuity," said Dr. Diane Nicolson, President and CEO. "A total of 20 initial drill holes were completed with three core rigs at the end of the last season at AuRORA, and all results from these holes have now been announced. Importantly, the deposit remains open to further expansion. The grade range encountered so far at AuRORA is higher than that mined historically by Northgate Mineral Corp. at the Kemess South deposit (218 Mt at 0.63 g/t Au and 0.21% Cu1), which forms part of the Kemess Mining District located immediately to the south of the JOY mineral claims. Centerra Gold Inc., which owns and is currently advancing the Kemess District, has reported gold and copper resources for the Kemess Underground and Kemess East deposits2. Members of the Amarc team were the first to recognize the porphyry potential of the Kemess area within the Toodoggone, and discovered and transacted the Kemess South Deposit. Additionally, members of the Amarc team have collectively worked on all nine known porphyry deposits in the Toodoggone-Kemess region, providing an unparalleled local knowledge advantage."