Amarc Resources Ltd. (“Amarc” or the “Company”) (TSX Venture: AHR; OTCBB: AXREF) is pleased to announce assay results from a further ten delineation drill holes recently completed at the Newton gold discovery, south-central British Columbia. The new results continue to confirm that an extensive bulk tonnage gold system has been discovered at Newton, and bring the total number of holes with important gold intercepts to 53. These holes are located over an area measuring 900 metres by 600 metres which remains open.
“Delineation drilling continues to return, from the near surface, long intercepts of persistent bulk tonnage-style gold mineralization,” said Amarc Executive Chairman Robert Dickinson. “We remain confident that ongoing drilling at Newton will confirm this deposit as a major new gold discovery in BC’s emerging Blackwater-Newton gold belt,”
Based on the encouraging results to date, Amarc has recently added a third drill rig at site and expanded its core processing facilities to ensure the efficient handling of additional drill core. “We plan to methodically advance the drilling program at Newton until the deposit is fully delineated,” Dickinson said.
Results from the ten new holes are summarized in the Table of Assay Results on the following page. A drill plan and other information regarding the Newton
Project are available on Amarc’s website at http://www.amarcresources.com/ahr/MapsFigures.asp. Hole 12058 was lost at a depth of 112 metres. Based on its location, re-drilling is expected to intersect significant widths of the mineralized felsic volcanic host rock (see Cross Section-Looking North). Samples from holes numbered 12066 through 12075 and 12077 through 12079 are in the assay stage. Holes numbered 12076, 12080 and 12081 are currently being drilled…
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For further information, contact Bob Jeffrey, Investor Relations – 778-373-6907, toll free 1-800-667-2114.
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