Mr. Robert Dickinson reports
AMARC PROVIDES EXPLORATION PROGRESS UPDATE ON IKE PORPHYRY TARGET IN BRITISH COLUMBIA
Amarc Resources Ltd., further to
information provided in the company's management's discussion and analysis dated Aug. 14, 2014, has recently completed an
exploration drill program at Ike. Ike is a
compelling porphyry copper-molybdenum-silver deposit target located
approximately 40 kilometres northwest of Gold Bridge, B.C.
The nine-hole 5,400-metre core drilling program was designed as an
initial test to confirm if Ike is an important porphyry system,
deserving of more detailed exploration work going forward.
Chalcopyrite and molybdenite mineralization was observed by site
geologists in varying amounts and continuities in a number of the holes
drilled. All core samples have been delivered to the assay laboratory
and assay results are expected to be received, compiled and released
within a month.
Also as provided in the company's MD&A dated Aug. 14, 2014, Amarc has
acquired two new mineral tenures adjacent to the Ike mineral property.
The company can acquire a 70-per-cent interest in the Galore claims and has
acquired a 100-per-cent interest in the Great Quest claims. The company believes
that these additional mineral tenures have the potential to host bulk
tonnage copper-molybdenum (silver and gold) porphyry mineralization.
The company is currently in the process of compiling a large quantity
of historical data from these additional holdings.
Mark Rebagliati, PEng, a qualified person as defined under National
Instrument 43-101, has reviewed the technical content of this release.
We seek Safe Harbor.
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