February 8, 2012 - Vancouver, BC - Amarc Resources Ltd. (�Amarc� or the �Company�) (TSXV: AHR; OTCBB: AXREF) is pleased to announce assay results from the last three delineation drill holes completed in 2011 at the Newton gold discovery, south-central British Columbia. Assay results from drill holes 11053, 11054 and 11055 continue to confirm an extensive and robust gold system has been discovered at Newton. Delineation drilling has now recommenced at the Newton site with two rigs working. Amarc plans to continue drilling until the deposit is fully delineated.
The long intercepts of bulk tonnage style gold mineralization encountered in holes 11053 through 11055 bring the number of holes drilled with important gold results to 46. These holes are located over 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 (TSXV: AHR; OTCBB: AXREF) owns an 80% interest in the Newton property and is the operator of the Newton
Joint Venture. Newton Gold Corp. (TSXV: NWG) has a 20% participating interest.
Results from holes 11053, 11054 and 11055 are summarized in the Table of Assay Results below. A drill plan and other information regarding the Newton Project are available on Amarc�s website at http://www.amarcresources.com/ahr/MapsFigures.asp. ...
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http://www.amarcresources.com/ahr/NewsReleases.asp?ReportID=505884
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 |
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CODE : AHR.V |
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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 24,0 millions CA$ (17,6 millions US$, 16,5 millions €). La valeur de son action a atteint son plus haut niveau récent le 06 septembre 1996 à 4,25 CA$, et son plus bas niveau récent le 20 mars 2020 à 0,02 CA$. Amarc Resources possède 145 420 000 actions en circulation. |