November 7, 2011 - Vancouver, BC - Amarc Resources Ltd. (�Amarc� or the �Company�) (TSX Venture: AHR; OTCBB: AXREF) is pleased to announce that core drilling has commenced at the Newton gold project, located in south-central British Columbia (BC). The Newton Project is one of two important exploration properties that Amarc is operating in BC; the other is the 800 square kilometre Galileo property located in the emergent Blackwater gold district, located 175 kilometres to the north of Newton.
The Newton drill program has been designed to delineate the grade and continuity of gold mineralization extending eastward under shallow cover from Amarc�s discovery zone which hosts drill intercepts of, for example, 69 metres of 1.41 g/t gold (hole 9001), 128 metres of 0.84 g/t gold (hole 9003) and 189 metres of 1.56 g/t gold (hole 9004). The discovery zone is open to the east (see detailed drill plan at www.amarcresources.com).
The high potential for a major eastern extension was indicated by hole 11040 completed earlier in 2011 and located 200 metres east of Amarc�s discovery zone (see Amarc new release dated February 10, 2011). It returned 155 metres of 0.58 g/t gold from surface, including 26 metres of 1.12 g/t gold and 39 metres of 0.71 g/t gold�
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=489247
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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HDI is associated with the following companies: Heatherdale Resources Ltd., Curis Resources Ltd., Northcliff Resources Ltd., Rathdowney Resources Ltd., Northern Dynasty Minerals Ltd., and Amarc 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 23,3 millions CA$ (16,9 millions US$, 15,9 millions €). La valeur de son action a atteint son plus haut niveau récent le 06 septembre 1996 à 4,25 CA$, et son plus bas niveau récent le 20 mars 2020 à 0,02 CA$. Amarc Resources possède 145 420 000 actions en circulation. |