Amarc Resources announcde that Boliden (BDNNY) Mineral Canada has committed to continuing through 2025 its earn-in to Amarc’s DUKE Copper-Gold District in central British Columbia. The budget for 2025 is $10M. Amarc will continue as operator of the project. The two-phase program completed at the DUKE in 2024 included extensive drilling and surface surveys designed to prepare deposit targets for drill testing in 2025. In early 2024, delineation drilling continued at the DUKE Deposit further defining Cu-Mo mineralization in the central portion of the Deposit as well as identifying potentially important volumes of additional mineralization to the south and north of the main Deposit. The 2024 summer program was comprised of surface surveys and more than 5,800 m core drilling, testing high potential targets across the DUKE District. Results from the latter program are currently being compiled and will be released once fully assessed.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on BDNNY:
- Boliden price target raised to SEK 360 from SEK 350 at Citi
- Boliden downgraded to Underweight from Neutral at JPMorgan
- Boliden to buy Neves-Corvo, Zinkgruvan mines from Lundin for up to $1.52B
- Boliden downgraded to Underperform from Sector Perform at RBC Capital
- Boliden price target raised to SEK 300 from SEK 285 at Barclays
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.