Freeport Proceeds to CAD $75 Million Stage 2 Earn-In at Amarc Resources' JOY Project in BC

Reuters

Sep 04

Freeport Proceeds to CAD $75 Million Stage 2 Earn-In at Amarc Resources' JOY Project in BC

Amarc Resources Ltd. has announced that Freeport-McMoRan Mineral Properties Canada Inc., a subsidiary of Freeport-McMoRan Inc., will proceed to Stage 2 of the JOY Mineral Property Earn-in Agreement. Freeport has completed Stage 1, investing CAD $35 million, and now holds a 60% interest in Aurora Minerals Ltd., which oversees the JOY District mineral rights. Stage 2 involves an additional CAD $75 million investment over five years to gain a further 10% interest. The 2025 exploration program, with a budget exceeding CAD $12 million, is fully funded by Freeport, with Amarc appointed as the primary contractor to manage the exploration activities. The focus is on advancing the AuRORA Deposit, a promising gold-rich porphyry copper-gold-silver site, and exploring further potential in the JOY District.

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: 1067954) on September 04, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Freeport has completed Stage 1, investing CAD $35 million, and now holds a 60% interest in Aurora Minerals Ltd., which oversees the JOY District mineral rights. Stage 2 involves an additional CAD $75 million investment over five years to gain a further 10% interest. The 2025 exploration program, with a budget exceeding CAD $12 million, is fully funded by Freeport, with Amarc appointed as the primary contractor to manage the exploration activities. The focus is on advancing the AuRORA Deposit, a promising gold-rich porphyry copper-gold-silver site, and exploring further potential in the JOY District.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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. 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Freeport has completed Stage 1, investing CAD $35 million, and now holds a 60% interest in Aurora Minerals Ltd., which oversees the JOY District mineral rights. Stage 2 involves an additional CAD $75 million investment over five years to gain a further 10% interest. The 2025 exploration program, with a budget exceeding CAD $12 million, is fully funded by Freeport, with Amarc appointed as the primary contractor to manage the exploration activities. The focus is on advancing the AuRORA Deposit, a promising gold-rich porphyry copper-gold-silver site, and exploring further potential in the JOY District.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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: 1067954) on September 04, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1992135399.USD","symbol_name":"Allianz Global Intelligent Cities AT Acc USD","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250904:nNDL6qMGf6:1","article_id":"2564326371","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2564326371","pubTimestamp":1756986321,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Amarc Resources Ltd. has announced that Freeport-McMoRan Mineral Properties Canada Inc., a subsidiary of Freeport-McMoRan Inc., will proceed to Stage 2 of the JOY Mineral Property Earn-in Agreement. Freeport has completed Stage 1, investing CAD $35 million, and now holds a 60% interest in Aurora Minerals Ltd., which oversees the JOY District mineral rights. Stage 2 involves an additional CAD $75 million investment over five years to gain a further 10% interest. The 2025 exploration program, with a budget exceeding CAD $12 million, is fully funded by Freeport, with Amarc appointed as the primary contractor to manage the exploration activities. The focus is on advancing the AuRORA Deposit, a promising gold-rich porphyry copper-gold-silver site, and exploring further potential in the JOY District.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1992135399.USD":"Allianz Global Intelligent Cities AT Acc USD","LU0029864427.USD":"TEMPLETON GLOBAL \"A\" (USD) INC","LU0345780950.USD":"NINETY ONE GSF GLOBAL NATURAL RESOURCES \"A\" (USD) ACC","LU0654597011.USD":"BGF NATURAL RESOURCES \"A4G\" (USD) INC","LU1883866441.USD":"AMUNDI FUNDS REAL ASSETS TARGET INCOME \"A2\" (USD) ACC","LU1023059493.AUD":"Blackrock World Mining A2 AUD-H","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","IE00B7SZLL34.SGD":"Legg Mason ClearBridge - Value A Acc SGD-H","LU0128525929.USD":"TEMPLETON GLOBAL \"A\" (USD) ACC","BK7095":"多种金属与采矿","IE00B19Z9P08.USD":"LEGG MASON CLEARBRIDGE US AGGRESSIVE GROWTH \"A\" (USD) INC","LU0456854461.SGD":"JPMorgan Funds - Global Natural Resources A (acc) SGD","LU0300736492.USD":"FRANKLIN NATURAL RESOURCES \"A\" (USD) INC","BK4566":"资本集团","IE00B894F039.SGD":"Legg Mason ClearBridge - US Aggressive Growth A Acc SGD-H","LU0612318971.USD":"BGF NATURAL RESOURCES \"A5G\" (USD) INC","LU0792757196.USD":"TEMPLETON SHARIAH GLOBAL EQUITY FUND \"A\" (USD) ACC","LU2237438978.USD":"Amundi Funds US Pioneer A2 (C) USD","LU1992135472.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES \"AT\" (HKD) ACC","BK4015":"铜","LU0330918003.SGD":"Blackrock World Mining A2 SGD-H","BK7506":"金矿股","LU0345781412.USD":"NINETY ONE GSF GLOBAL NATURAL RESOURCES \"A\" (USD) INC","SG9999002521.SGD":"United Global Resources A Acc SGD","LU0075056555.USD":"贝莱德世界矿业基金A2","LU0310800379.SGD":"FTIF - Templeton Global A Acc SGD","LU0630314457.HKD":"NINETY ONE GSF GLOBAL NATURAL RESOURCES \"A\" (HKD) ACC","BK4588":"碎股","IE00BZ9MQY76.HKD":"FTGF CLEARBRIDGE US AGGRESSIVE GROWTH \"A\" (HKD) ACC","BK4585":"ETF&股票定投概念","LU2462611646.USD":"AMUNDI FUNDS REAL ASSETS TARGET INCOME \"A2\" (USD) INC MTI","LU1267930573.SGD":"TEMPLETON GLOBAL \"AA\" (SGD) ACC A","LU0300736062.USD":"FRANKLIN NATURAL RESOURCES \"A\" (USD) ACC","ANX.AU":"ANAX METALS LTD","LU0612318385.USD":"BGF NATURAL RESOURCES \"A2\" (USD) ACC","LU0505663152.USD":"abrdn SICAV I - FUTURE MINERALS \"A\" (USD) ACC","LU2498475776.HKD":"AMUNDI FUNDS REAL ASSETS TARGET INCOME \"A2\" (HKD) INC","FCX":"麦克莫兰铜金","LU2272731782.SGD":"Allianz Global Intelligent Cities AM Dis H2-SGD","LU0889566641.SGD":"FTSF - Templeton Shariah Global Equity A Acc SGD","LU0266512127.USD":"摩根大通环球自然资源 A(acc)","LU2272731600.USD":"Allianz Global Intelligent Cities AM Dis USD","LU1430597077.USD":"BGF NATURAL RESOURCES \"A\" (USD) INC","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","LU1267930813.SGD":"FRANKLIN TEMPLETON SHARIAH GLOBAL EQUITY \"AS\" (SGD) ACC","LU0708994859.HKD":"TEMPLETON GLOBAL \"A\" (HKD) ACC","IE00B19Z9Z06.USD":"Legg Mason ClearBridge - US Aggressive Growth A Acc USD","LU0788109121.HKD":"BGF WORLD MINING \"A2\" (HKDHGD) ACC","LU0278409577.USD":"MANULIFE GLOBAL FUND-GLOBAL RESOURCES FUND \"AA\" (USD) INC","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD"},"translate_title":"自由港Amarc Resources位于不列颠哥伦比亚省的JOY项目第二阶段盈利7500万加元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ANX.AU":0.9,"FCX":0.9},"content_text":"Freeport Proceeds to CAD $75 Million Stage 2 Earn-In at Amarc Resources' JOY Project in BC\n    \n\nAmarc Resources Ltd. has announced that Freeport-McMoRan Mineral Properties Canada Inc., a subsidiary of Freeport-McMoRan Inc., will proceed to Stage 2 of the JOY Mineral Property Earn-in Agreement. Freeport has completed Stage 1, investing CAD $35 million, and now holds a 60% interest in Aurora Minerals Ltd., which oversees the JOY District mineral rights. Stage 2 involves an additional CAD $75 million investment over five years to gain a further 10% interest. The 2025 exploration program, with a budget exceeding CAD $12 million, is fully funded by Freeport, with Amarc appointed as the primary contractor to manage the exploration activities. The focus is on advancing the AuRORA Deposit, a promising gold-rich porphyry copper-gold-silver site, and exploring further potential in the JOY District.\n      \n\nDisclaimer: 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: 1067954) on September 04, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}