July 13, 2011 - Vancouver, BC � Amarc Resources Ltd. (�Amarc�) (TSX.V: AHR; OTCBB: AXREF) and Newton Gold Corp. (�Newton Gold�)(TSX.V:NWG) are pleased to announce that the companies have entered into a Joint Venture Agreement (�JV Agreement�) to further explore the Newton property, located in south-central British Columbia. Amarc has earned an 80% interest in an expanded Newton property by funding $5 million dollars in exploration expenditures.
The companies have also agreed to incorporate adjacent mineral claims into the JV Agreement, resulting in a project area totalling 284 mineral claims and approximately 1,480 square kilometres. A property location map is posted on Amarc's website at http://www.amarcresources.com/ahr/MapsFigures.asp. Amarc will continue to be the operator of the property�
To view this news release in its entirety please click on the link below or copy and paste it into your web browser
http://www.amarcresources.com/ahr/NewsReleases.asp?ReportID=466404
If you have any questions do not hesitate to contact us as provided below.
Best Regards,
Investor Services
HDI
15th Floor 1040 West Georgia Street, Vancouver BC V6E 4H1
Toll Free 1-800-667-2114 | Main 1-604-684-6365
info@hdimining.com | www.hdimining.com
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Amarc Resources
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EXPLORATEUR |
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CODE : AHR.V |
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ISIN : CA0229121094 |
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Amarc Resources est une société d’exploration minière d'argent et de cuivre basée au Canada. Amarc Resources détient divers projets d'exploration au Canada. Ses principaux projets en exploration sont NEWTON, PINCHI et BODINE WARREN au Canada. Amarc Resources est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 22,5 millions CA$ (16,4 millions US$, 15,4 millions €). La valeur de son action a atteint son plus haut niveau récent le 06 septembre 1996 à 4,25 CA$, et son plus bas niveau récent le 20 mars 2020 à 0,02 CA$. Amarc Resources possède 145 420 000 actions en circulation. |