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Amarc Confirms Third Porphyry Copper-Gold Discovery at JOY District

Story Highlights
  • Amarc confirmed the TWINS porphyry copper-gold discovery at JOY, reinforcing the district’s scale.
  • Drilling at JOY expanded AuRORA and outlined strong potential at TWINS, supporting a major 2026 program.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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Amarc Resources ( (TSE:AHR) ) just unveiled an update.

Amarc Resources has confirmed a third new porphyry copper-gold system, named TWINS, within its JOY District in British Columbia, joining the AuRORA and CANYON discoveries and the historical PINE and Brenda deposits. The TWINS target hosts the largest porphyry lithocap in the district and sits on the 10 km PINE Porphyry Trend, underscoring the area’s potential to evolve into a major copper-gold camp comparable to other world-class B.C. districts.

Recent drilling at JOY in 2024 and 2025 totaled 75 holes, with 44 at the AuRORA Deposit and 31 across the wider district, expanding AuRORA over 1.4 km by 800 m and leaving it open for further growth. Scout and follow-up holes at TWINS have intercepted long intervals of anomalous gold and copper, with mineralization strengthening at depth, supporting the company’s lithocap-focused exploration model and guiding comprehensive plans for an expanded 2026 field season.

The most recent analyst rating on (TSE:AHR) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on Amarc Resources stock, see the TSE:AHR Stock Forecast page.

Spark’s Take on TSE:AHR Stock

According to Spark, TipRanks’ AI Analyst, TSE:AHR is a Neutral.

The score is held down primarily by weak financial performance (no meaningful revenue base, persistent losses, negative equity, and a recent cash-flow deterioration). Offsetting this, technicals show strong upward momentum with the stock trading above key moving averages, and corporate updates around deposit expansion and partner-backed drilling are positive; however, negative earnings also limit valuation support.

To see Spark’s full report on TSE:AHR stock, click here.

More about Amarc Resources

Amarc Resources Ltd. is a mineral exploration company focused on discovering and advancing porphyry copper-gold deposits in British Columbia, Canada. Through its JOY District joint venture with Freeport-McMoRan’s Canadian subsidiary, where Freeport holds 60% and Amarc 40%, the company is targeting large-scale Cu-Au systems in the emerging Toodoggone mining region.

Average Trading Volume: 266,541

Technical Sentiment Signal: Buy

Current Market Cap: C$270.4M

Find detailed analytics on AHR stock on TipRanks’ Stock Analysis page.

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