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KRO Profile
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| Price: | $0.170 | Open Rec: | No |  |
| Market Cap: | $35,989,492 | WC % of Mkt Cap: | 4% |
| Working Cap: | $1,340,175 | As of: | 6/30/2024 |
| Issued: | 211,702,894 | Insider %: | 14.1% | | Diluted: | 234,997,057 | Story Type: | Resource: Discovery Exploration |
| Key People: | Diane Nicolson (CEO), Robert A. Dickinson (Chair), Jeannine P. M. Webb (CFO), Michael Lee (CFO), Paul Johnston (VP EX), |
 SV Rating: Bottom-Fish Spec Value - as of December 29, 2023: Amarc Resources Ltd was made a Fair Spec Value rated 2023 Favorite at $0.15 on December 30, 2022 based partly on its British Columbia focused copper exploration plays, two of which, Joy and Duke, are funded by majors Freeport McMoran and Boliden who can earn up to 70% by spending $105 million and $90 million respectively. Freeport optioned the Joy copper-gold porphyry project in May 2021 and has spent about $20 million to the end of 2022. The 48,200 ha Joy project adjoins to the north of the Kemess Mine now operated by Centerra Gold. Freeport, which drilled 15,427 m in 2022 for which results were still pending at the start of 2023, is delineating the Pine copper-gold system and testing district wide targets. Boliden optioned the 67,800 ha Duke project in November 2022 and immediately initiated a winter drill program. Duke, located 50 km north of the former Bell and Granisle copper mines in the Babine Lake region, is an emerging copper-molybdenum-silver discovery Amarc made in 2017. Amarc is operator of both projects. The company is headed by CEO Diane Nicolson and Chairman Bob Dickinson who with 29 million shares representing 16% is Amarc's largest shareholder. Amarc has for two decades been focused on grassroots exploration in British Columbia during a period when Northern Dynasty's now beleaguered Pebble copper-gold project in Alaska dominated the attention of the HDI group. Amarc appeared on track for a major emerging discovery in 2014 when it assembled the IKE copper-molybdenum-silver district located in southwestern British Columbia between Taseko's stalled New Prosperity copper-gold project and the Bralorne gold project to the south. IKE, which does not yet have a resource estimate, was first optioned to Thompson Creek in 2015 which dropped out after Centerra Gold...(see Profile for full Overview) |
| Last KRO Comment - Jan 26, 2023: KW Excerpt: Kaiser Watch January 26, 2023: Amarc Resources Ltd (AHR-V) |
| Recent News - Sep 20, 2024: Sun Valley: Disposition of Common Shares of Amarc Resources Ltd. |
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| |
Project |
Interest |
|
Country |
Region |
Stage |
IPV
($mm) |
Target |
Deposit
Model |
 |
Ike |
100% WI |
 |
Canada |
Southwest BC |
3-Discovery Delineation |
$40 |
Copper Molybdenum Silver Gold |
Porphyry  |
 |
Duke |
30% TC |
|
Canada |
Central BC |
2-Target Drilling |
$133 |
Copper Gold Silver Molybdenum |
Porphyry |
|
Joy |
30% TC |
|
Canada |
Toodoggone |
3-Discovery Delineation |
$133 |
Copper Gold |
Porphyry |
 |
Hearne |
100% WI |
|
Canada |
Northern BC |
2-Target Drilling |
$40 |
Copper |
Porphyry |
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| Price: | $0.650 | Open Rec: | No |  |
| Market Cap: | $86,098,557 | WC % of Mkt Cap: | 5% |
| Working Cap: | $3,887,658 | As of: | 6/30/2024 |
| Issued: | 132,459,318 | Insider %: | 12.8% | | Diluted: | 147,097,390 | Story Type: | Resource: Discovery Exploration |
| Key People: | Matti Talikka (CEO), David Lotan (Chair), Mark Serdan (CFO), |
 SV Rating: Bottom-Fish Spec Value - as of December 29, 2023 |
| Last KRO Comment - Jul 19, 2024: KW Excerpt: Kaiser Watch July 19, 2024: Aurion Resources Ltd (AU-V) |
| Recent News - Oct 2, 2024: Loton Holdings Acquires 26,500 Shares of Aurion |
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| |
Project |
Interest |
|
Country |
Region |
Stage |
IPV
($mm) |
Target |
Deposit
Model |
|
Risti |
100% WI |
 |
Finland |
Other |
3-Discovery Delineation |
$96 |
Gold |
Shear / Vein |
|
Kutuvuoma |
30% WI |
|
Finland |
Other |
3-Discovery Delineation |
$319 |
Gold |
Orogenic Vein |
|
Launi East |
30% TC |
|
Finland |
Other |
2-Target Drilling |
$319 |
Gold |
Orogenic Vein |
|
Savu |
100% WI |
|
Finland |
Other |
1-Grassroots |
$96 |
Lithium Gold Phosphate Rare-Earth-Metals |
Pegmatite |
|
Silaskaira |
100% WI |
|
Finland |
Other |
1-Grassroots |
$96 |
Gold |
Orogenic Vein |
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