September 19, 2013, Vancouver, BC � Amarc Resources Ltd. (�Amarc� or the �Company�) (TSX-V: AHR; OTCBB: AXREF) is pleased to provide results from its summer exploration programs at silver and copper properties located in central and northern British Columbia (�BC�). In particular, surface exploration at the ZNT joint venture property has delineated a compelling silver and zinc anomaly that is ready for drill testing. A permit has been received from government and drilling is expected to commence shortly. Given the ongoing challenging financial markets, Amarc has adapted its exploration strategies to evaluate exploration properties in a cost effective and efficient manner.
By option agreement announced in late 2012, the Company intends to acquire a 60% interest in ZNT from Quartz Mountain Resources Ltd. ("Quartz Mountain"), and is also the operator of the joint venture. The ZNT exploration property was staked by Quartz Mountain on the basis of significant zinc concentrations in regional till samples as reported by Geoscience BC. In 2012, approximately 2,400 grid soil geochemical samples and 20 line kilometres of Induced Polarization (�IP�) ground geophysical survey were completed. These initial exploration activities defined a new and unusually strong silver and zinc-in-soils anomaly measuring 1.8 kilometres by 1.2 kilometres. In July 2013, a pitting and trenching program designed to further refine the target was completed over 16 days. Some 170 rock and 36 soil geochemical samples were collected from 62 pits and trenches. Integration of the data from these surface programs has defined a sizable silver deposit-target hosted by volcanogenic sandstones. Amarc plans to drill test this target shortly.
A map with results from the ZNT program and other maps referenced in this release are available in the Company presentation at http://www.amarcresources.com/i/ahr/pdf/AHR_Presentation.pdf.
The ZNT property is located 15 kilometres southeast of the town of Smithers, BC. The project area is characterized by gentle topography and easy access. The region is well-served by existing transportation and power infrastructure, and is connected via the Canadian National Railway and Highway 16 at Smithers to the deep-water port at Prince Rupert. In addition, a skilled local workforce supports an active mineral exploration and mining industry in the region.
In other news, at the 100%-owned Silver Vista property, near Lake Babine, results from extensive geochemical surveys conducted in 2012 over the MR Zone defined a strong silver-in-soils anomaly extending over an area of approximately 1.2 kilometres by 1.4 kilometres for ground follow-up. This target area included a 600 metre-long zone of known mineralization defined by historical drilling, which remains open laterally and to depth (see Amarc news release January 29, 2013). A recently completed pitting and trenching program designed to test the MR Zone target suggests that silver-copper mineralization is restricted to the immediate vicinity of the historical drilling, and has limited the potential for a large-scale, bulk tonnage deposit..
Comprehensive surface exploration, including extensive silt geochemical sampling, over the greater Silver Vista property in 2012 delineated copper-molybdenum and silver targets for ground follow-up. In August 2013, all three prioritized targets were geologically mapped. In addition, 125 rock and 838 soil geochemical samples were collected. Two porphyry copper-molybdenum systems of limited dimensions were defined, however, no compelling drill targets were established.
At the Galaxie property, near Dease Lake, which is held under another joint venture with Quartz Mountain, integrated exploration surveys completed in 2012 by Quartz Mountain defined 4 porphyry copper targets at Hu and Hotai and a silver skarn target at the Silver Lode play for ground follow-up (see Amarc news release February 21, 2012). Amarc, as operator of the joint venture, recently completed an efficient two week program, which included geological mapping, 10 line kilometres of IP ground geophysical surveying and the collection of 96 rock and 246 soil geochemical samples. Although no immediate drill targets were identified to meet Amarc requirements, a series of alkali intrusions were observed around the Hu target which are known to be the principal hosts for porphyry copper-gold deposits, and may warrant further exploration. Amarc expects to have a 40% interest in the Galaxie JV when final data compilation is completed next month, with operatorship passing back to Quartz Mountain....
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=604250
For further information, contact Bob Jeffrey, Investor Relations � 778-373-6907, toll free 1-800-667-2114.
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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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