Thursday, September 27, 2012

Amarc Resources Ltd. (TSX-V: AHR; OTCBB: AXREF) Announces Initial Mineral Resource Estimate for Its Newton Bulk Tonnage Gold-Silver Discovery, British Columbia

September 26, 2012 - Vancouver, BC - Amarc Resources Ltd. (“Amarc” or the “Company”) (TSX Venture: AHR; OTCBB: AXREF) announces an initial National Instrument 43-101 compliant mineral resource estimate for its 100% owned Newton bulk-tonnage gold-silver project, located in south-central British Columbia (BC). The resource estimate is based on 24,513 metres of core drilling in 78 holes completed up to June 30, 2012. It confirms that Newton is a significant bulk tonnage gold discovery that remains open to further expansion. At a 0.25 g/t gold cut-off, Inferred Mineral Resources comprise 111.5 million tonnes grading 0.44 g/t gold and 2.1 g/t silver, containing 1.6 million ounces of gold and 7.7 million ounces of silver.

The current Newton resource extends over an area of approximately 800 metres by 800 metres and to a depth of 560 metres, and is open to expansion to the northwest, west and to depth. It is located within the southeast segment of an extensive eight square kilometre sulphide system that is characterized by widespread gold enrichment indicating high potential for the development of substantial additional resources. This large, fertile mineral system extends well beyond the limits of the current resource and is largely concealed under shallow cover…  

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