Significant Results For The Newton Gold Discovery

 

VANCOUVER - Amarc Resources Ltd. reported that assay results received from the last seven holes of a 14-hole diamond drill program, completed in late 2009, continue to confirm that the Newton Property holds excellent potential to delineate an important bulk-tonnage gold deposit that could support an open pit-style mining operation. The gold system remains open in all directions. Amarc has the right to acquire an 80% interest in the Newton Property from High Ridge Resources Inc.

The Company also reported that it has staked some 1,300 square kilometres of additional mineral claims over an underexplored and highly prospective gold-copper belt extending south from the Newton Property. This newly staked land package is owned 100% by Amarc and is bordered to the west by the advanced, permitting-stage Prosperity gold-copper project. The 830 million tonne Prosperity deposit is one of the largest known porphyry deposits in British Columbia and contains 4.2 billion pounds of copper and 11 million ounces of gold in proven and probable reserves.