JOY PROJECT

Highlights

Amarc holds a 100% interest in the high potential, 482 km² JOY Cu-Au district (JOY District) in north-central BC, within the underexplored Toodoggone region. A geological region with known potential for porphyry and epithermal deposits, the Toodoggone is part of BC’s Golden Horseshoe, which includes the Golden Triangle to the W and NW.

The JOY District hosts the PINE Cu-Au deposit, the promising MEX Cu-Au deposit target and a pipeline of other high potential Cu-Au exploration targets.

JOY District

• Covers the northern extension of the prolific Kemess porphyry Cu-Au district (Kemess District)
• Currently held by Centerra Gold Inc. (Centerra), the southern extension of the Kemess District includes:
  • the former Kemess South mine (BC’s third largest Au producer), which produced 3 M oz Au and 750 M lbs of Cu over 13 years to 2011¹
  • the permitted, development-stage Kemess North underground deposit
  • the advanced-stage Kemess East underground deposit
• Through their association with HDI, Amarc’s technical team:
  • was first to recognize the Kemess District’s true porphyry potential
  • acquired both Kemess North and Kemess South as early-stage prospects
  • advanced both Kemess North and Kemess South to significant porphyry Cu-Au deposits
  • sold Kemess South on beneficial terms to a predecessor of Northgate Minerals, who brought the deposit into production

JOY is accessed via resource roads servicing the southern end of the Toodoggone region, including Centerra’s Kemess deposits and the historic Lawyers, Baker and Shasta mines.

Project Highlights

JOY District Covers N Extension of Kemess Porphyry Cu-Au Belt Developments

Schematic Section Showing Deposits in the District

• Amarc’s consolidated mineral tenure at JOY hosts a high quality pipeline of deposits and deposit targets, including:
  • the PINE Cu-Au Deposit
  • the MEX Cu-Au deposit target
  • multiple other Cu-Au exploration targets
• 100% owned, with no or limited underlying royalties
• Leveraged millions of dollars of historical exploration data
• Drilling and ground geophysical survey permits are in hand
• Au-Ag epithermal deposit potential also exists, and remains to be fully explored

1. SRK Consulting (Canada) Inc. 2013 NI-43-101 Technical Report on the Kemess Underground Project, British Columbia, Canada, AuRico Metals Ltd., Sedar