April 11, 2012 - Vancouver, BC - Amarc Resources Ltd. (�Amarc� or the �Company�) (TSX Venture: AHR; OTCBB: AXREF) is pleased to announce assay results from a further ten delineation drill holes recently completed at the Newton gold discovery, south-central British Columbia. The new results continue to confirm that an extensive bulk tonnage gold system has been discovered at Newton, and bring the total number of holes with important gold intercepts to 53. These holes are located over an area measuring 900 metres by 600 metres which remains open.
�Delineation drilling continues to return, from the near surface, long intercepts of persistent bulk tonnage-style gold mineralization,� said Amarc Executive Chairman Robert Dickinson.. �We remain confident that ongoing drilling at Newton will confirm this deposit as a major new gold discovery in BC�s emerging Blackwater-Newton gold belt,�
Based on the encouraging results to date, Amarc has recently added a third drill rig at site and expanded its core processing facilities to ensure the efficient handling of additional drill core. �We plan to methodically advance the drilling program at Newton until the deposit is fully delineated,� Dickinson said.
Results from the ten new holes are summarized in the Table of Assay Results on the following page. A drill plan and other information regarding the Newton
Project are available on Amarc�s website at http://www.amarcresources.com/ahr/MapsFigures.asp. Hole 12058 was lost at a depth of 112 metres. Based on its location, re-drilling is expected to intersect significant widths of the mineralized felsic volcanic host rock (see Cross Section-Looking North). Samples from holes numbered 12066 through 12075 and 12077 through 12079 are in the assay stage. Holes numbered 12076, 12080 and 12081 are currently being drilled�
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=518002
For further information, contact Bob Jeffrey, Investor Relations � 778-373-6907, toll free 1-800-667-2114.
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Investor Services
HDI
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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 Re&k�I�sources Ltd. �R�IPFONT>Visit us at www.hdimining.com for more information.
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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.�
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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 24,7 millions CA$ (18,0 millions US$, 16,9 millions €). La valeur de son action a atteint son plus haut niveau récent le 06 septembre 1996 à 4,25 CA$, et son plus bas niveau récent le 20 mars 2020 à 0,02 CA$. Amarc Resources possède 145 420 000 actions en circulation. |