January 18, 2012 - Vancouver, BC - Amarc Resources Ltd. (�Amarc� or the �Company�) (TSX Venture: AHR; OTCBB: AXREF) is pleased to announce that an Induced Polarization (IP) ground geophysical survey has delineated a significant chargeability anomaly with excellent potential to represent an important sulphide system at its 100% owned Hubble Project, south-central British Columbia. The 140 square kilometre Hubble property lies within the emergent Blackwater gold district.
Amarc initiated a regional program at Hubble in 2011, undertaking approximately 370 line kilometres of helicopter-borne, magnetic and electromagnetic geophysical surveying from which epithermal gold-silver and gold-copper porphyry-type targets were identified for field follow-up.
An IP ground geophysical survey has identified an important target over three square kilometres in extent. Drill permit applications have been submitted to the provincial government in order to test this new target for potential gold and/or copper deposits. Amarc plans to drill test the target when permits are received. A location map and other information regarding Hubble Project are available on Amarc's website at http://www.amarcresources.com/ahr/MapsFigures.asp.
"We are encouraged by the sizeable high-quality IP chargeability anomaly delineated by our field teams on the Hubble property which lies within, what I believe, is the most exciting new gold belt in British Columbia,� confirmed Amarc Executive Chairman Bob Dickinson. �This new belt includes both the Newton gold project in the south and New Gold's six million ounce-plus, bulk tonnage gold discovery at Blackwater only a few kilometres from Hubble.��
To view this news release in its entirety please click on the link below or copy and paste it into your web browser
http://www.amarcresources.com/ahr/NewsReleases.asp?ReportID=502371
For further information, contact Bob Jeffrey, Investor Relations � 778-373-6907, toll free 1-800-667-2114.
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
info@hdimining.com | www.hdimining.com
Follow HDI on Twitter & Facebook
If you no longer wish to be on Amarc�s email distribution list, simply reply to this email with �� in the subject line.
To be removed from all of HDI�s email lists please reply to this email with �Remove All� in the subject line.
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.
�Notice Regarding Transmission
This message is intended only for the person(s) to whom it is addressed and may contain information that is privileged and confidential. If you are not the intended recipient, you are hereby notified that any dissemination or copying of this communication is prohibited. Please notify us of the error in communication by telephone (604-684-6365) or by return e-mail and destroy all copies of this communication. Please note that any views or opinions presented in this email are solely those of the author and do not necessarily represent those of Hunter Dickinson Inc. or any affiliated or associated company. The recipient should check this email and any attachments for the presence of viruses. Neither Hunter Dickinson Inc. nor any affiliated or associated company accepts any liability for any damage caused by any virus transmitted by this email.. Thank you.�
|
Amarc Resources
|
|
EXPLORATION STAGE |
CODE : AHR.V |
ISIN : CA0229121094 |
|
| |
ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
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. |