January 23, 2012 - Vancouver, BC - Amarc Resources Ltd. (“Amarc” or the “Company”) (TSX Venture: AHR; OTCBB: AXREF) is pleased to announce assay results from delineation drill holes 11051 and 11052, which continue to expand the Newton bulk tonnage gold discovery in south-central British Columbia (BC).
Important gold results have now been returned from drill intersections in 43 holes located throughout 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 owns an 80% interest in the Newton property and is the operator of the Newton Joint Venture. Newton Gold Corp. has a 20% participating interest.
Results from holes 11051 and 11052 are summarized in the Table of Assay Results below. Drill hole 11051 was completed as a re-drill of hole 11050 which was lost at shallow depth.
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