AMARC RESOURCES LTD.
1020-800 West Pender St.
Vancouver, BC V6C 2V6
Tel: 604-684-6365 | Fax: 604-684-8092
www.amarcresources.com


Dear Shareholders and Investors,

Amarc's experienced and dedicated team is focused on making the next major mineral deposit discovery in British Columbia. It is my pleasure to provide you with a report on our progress towards that goal.
 
Very positive exploration results were returned from our 2007 regional programs in the new Sitlika Zinc-Copper Belt located in central BC. At least 18 priority areas were established, including two outstanding zinc-copper targets on the Aspira and Bodine claim blocks. We believe that the Sitlika Belt has significant potential for the discovery of Volcanogenic Massive Sulphide deposits, like Sherwood Copper's Kutcho Creek deposits in northern BC or Farallon Resources' G-9 deposit in Guerrero Mexico where our deposit specialists have worked in the past. 

Amarc is committed to responsible mineral development. Our technical programs are carefully planned and managed to limit impacts on the environment.  We also apply a good neighbour policy, engaging local communities to discuss the programs underway in their area and providing local employment whenever possible.

Further details about our approach and 2008 operations are provided in the corporate brochure posted on the Company website www.amarcresources.com.  If you have any questions about this material please contact our investor services department.

Finding major new mineral deposits through grassroots exploration takes time and persistence.  But with discovery comes rewards.   I would like to thank you, our valued shareholders, for your patience and ongoing support of our efforts.  Our expectations of a discovery are high as we mobilize drills to the high priority targets at Aspira and Bodine.
Yours truly,

Bob Dickinson
Chairman             
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