Amarc Resources Ltd. reported that it has completed extensive airborne and surface exploration surveys on its 100%-owned DUKE porphyry Cu-Au district in central British Columbia . These comprehensive surveys were designed to assess 16 porphyry Cu-AU targets located across the District, to confirm highest priority targets for drill testing in 2024. Through 2023, $10 million in exploration expenditures at the DUKE District are being fully funded under the Mineral Property Earn-in Agreement with Boliden Mineral Canada Ltd. ("Boliden").

The results from the surveys will be released as soon as they are compiled and interpreted. Exploration works, including extensive airborne magnetic geophysical and LiDAR surveys and also ground Induced Polarization geophysical, soils geochemistry and geological mapping surveys focused on 16 porphyry Cu- Au deposit target areas. The principal components of the 2023 surveys completed include: 5,759 line-km of high resolution airborne magnetics; 678 km2 of LiDAR; 68 line-km of ground magnetics; 122 line-km of IP geophysics; 6,079 grid soil sample geochemistry analyses; 315 rock sample geochemistry analyses; Framework and localized detailed geological mapping.

The 16 prospective target areas were selected based on a comprehensive compilation of government and historical exploration data from over the entire District. The study highlighted the low exploration maturity of the productive Babine porphyry Cu-Ai region and provided a new interpretation of the District's geological, geochemical and geophysical characteristics. These datasets included >2,300 regional geochemical samples, 116,344 line-km of airborne magnetic and radiometrics, and 25,500 line-km of aerogravity.

As mentioned above, the extensive data from the 2023 surveys is currently being compiled. Once appropriately verified and integrated into existing historical datasets, it will be released.