September 26, 2012 - Vancouver, BC - Amarc Resources Ltd. (�Amarc� or the �Company�) (TSX Venture: AHR; OTCBB: AXREF) announces an initial National Instrument 43-101 compliant mineral resource estimate for its 100% owned Newton bulk-tonnage gold-silver project, located in south-central British Columbia (BC). The resource estimate is based on 24,513 metres of core drilling in 78 holes completed up to June 30, 2012. It confirms that Newton is a significant bulk tonnage gold discovery that remains open to further expansion. At a 0.25 g/t gold cut-off, Inferred Mineral Resources comprise 111.5 million tonnes grading 0.44 g/t gold and 2.1 g/t silver, containing 1.6 million ounces of gold and 7.7 million ounces of silver.
The current Newton resource extends over an area of approximately 800 metres by 800 metres and to a depth of 560 metres, and is open to expansion to the northwest, west and to depth. It is located within the southeast segment of an extensive eight square kilometre sulphide system that is characterized by widespread gold enrichment indicating high potential for the development of substantial additional resources. This large, fertile mineral system extends well beyond the limits of the current resource and is largely concealed under shallow cover�
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http://www.amarcresources.com/ahr/NewsReleases.asp?ReportID=549562
For further information, contact Bob Jeffrey, Investor Relations at 778-373-6907, toll free 1-800-667-2114.
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Best Regards,
Investor Services
HDI
15th Floor 1040 West Georgia Street, Vancouver BC V6E 4H1
Toll Free 1-800-667-2114 | Main 1-604-684-6365
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HDI is associated with the following companies: Heatherdale Resources Ltd., Curis Resources Ltd., Northcliff Resources Ltd., Rathdowney Resources Ltd., Northern Dynasty Minerals Ltd., Amarc Resources Ltd., and Quartz Mountain Resources Ltd. Visit us at www.hdimining.com for more information.
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Amarc Resources
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EXPLORATION STAGE |
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CODE : AHR.V |
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ISIN : CA0229121094 |
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Amarc Resources is a silver and copper exploration company based in Canada. Amarc Resources holds various exploration projects in Canada. Its main exploration properties are NEWTON, PINCHI and BODINE WARREN in Canada. Amarc Resources is listed in Canada and in United States of America. Its market capitalisation is CA$ 24.0 millions as of today (US$ 17.6 millions, € 16.4 millions). Its stock quote reached its highest recent level on September 06, 1996 at CA$ 4.25, and its lowest recent point on March 20, 2020 at CA$ 0.02. Amarc Resources has 145 420 000 shares outstanding. |