Amarc's Focused Search Continues for Major New Grassroot Discoveries in BC.VANCOUVER, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography -- Amarc Resources Ltd. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:AHR AHR Aryl Hydrocarbon Receptor AHR American Historical Review (Journal of the American History Association) AHR Anchor AHR airway hyper-responsiveness AHR Assisted Human Reproduction AHR Air-Conditioning Heating Refrigeration )(OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AXREF) Ronald W. Thiessen, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Amarc Resources Ltd. announces that Amarc is continuing to operate an aggressive grassroots exploration program to explore for new, major gold and copper-gold deposits in British Columbia. To date, Amarc has acquired by option and staking 21 separate properties located throughout British Columbia, totaling 3,189 claim units covering 797 square kilometres. Currently, five separate geophysical crews are conducting induced polarization Induced polarization (IP) is a geophysical imaging technique used to identify subsurface materials, such as ore. The method is similar to electrical resistivity tomography, in that an electric current is induced into the subsurface through two electrodes, and voltage is (IP) and magnetic surveys to define drill targets on a number of these prospective properties. Three diamond drill rigs have been mobilized to test the targets that have been developed. The program is being directed by Amarc's qualified person, C.M. Rebagliati, P.Eng., as well as other members of Hunter Dickinson's management and senior staff, a team with a track record of making significant mineral deposit discoveries. After a short Christmas break, exploration work is expected to continue through 2005 as Amarc advances its focused effort to discover major new mineral deposits in British Columbia. ON BEHALF OF THE BOARD Ronald W. Thiessen, President and CEO This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, Investors should review the Company's annual Form 20-F filing with the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. Securities Commission. No regulatory authority has approved or disapproved the information contained in this news release. Amarc Resources Ltd. (TSX VENTURE:AHR) (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. :AXREF) |
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