January 23, 2012 - Vancouver, BC - Amarc Resources Ltd. (�Amarc� or the �Company�) (TSX Venture: AHR; OTCBB: AXREF) is pleased to announce assay results from delineation drill holes 11051 and 11052, which continue to expand the Newton bulk tonnage gold discovery in south-central British Columbia (BC).
Important gold results have now been returned from drill intersections in 43 holes located throughout an area that currently measures 900 metres by 600 metres and is open to expansion in several directions. The age and geological characteristics of the gold mineralization at Newton demonstrate striking similarities to the mineralization at New Gold�s Blackwater deposit located to the north. Amarc owns an 80% interest in the Newton property and is the operator of the Newton Joint Venture. Newton Gold Corp. has a 20% participating interest.
Results from holes 11051 and 11052 are summarized in the Table of Assay Results below. Drill hole 11051 was completed as a re-drill of hole 11050 which was lost at shallow depth. A drill plan and other information regarding the Newton Project are available on Amarc�s website at www.amarcresources.com.
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=502888
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
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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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EXPLORATEUR |
CODE : AHR.V |
ISIN : CA0229121094 |
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Amarc Resources est une société d’exploration minière d'argent et de cuivre basée au Canada. Amarc Resources détient divers projets d'exploration au Canada. Ses principaux projets en exploration sont NEWTON, PINCHI et BODINE WARREN au Canada. Amarc Resources est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 15,3 millions CA$ (12,2 millions US$, 10,7 millions €). La valeur de son action a atteint son plus haut niveau récent le 06 septembre 1996 à 4,25 CA$, et son plus bas niveau récent le 20 mars 2020 à 0,02 CA$. Amarc Resources possède 145 420 000 actions en circulation. |