UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
CIK # 1175596
As at January 19, 2010
AMARC RESOURCES LTD.
800 West Pender Street, Suite 1020
Vancouver, British Columbia
Canada V6C 2V6
(address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports
under cover Form 20-F or Form 40-F.
Form 20-F...X.... Form 40-F.........
Indicate by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule 101(b)(1): ____
Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of
a Form 6-K if submitted solely to provide an attached annual report to security
holders.
Indicate by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule 101(b)(7): ____
Indicate by check mark whether by furnishing the information contained in
this Form, the registrant is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.
Yes ..... No .....
If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): 82- ________
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.
By: /s/ Ronald W. Thiessen
President & CEO
Date: January 20, 2010
Print the name and title of the signing officer under his signature
Ste. 1020 -
800 West Pender Street
Vancouver , BC V6C 2V6
Tel: 604-684-6365
Fax: 604-684-8092
www.amarcresources.com
AMARC ANNOUNCES MORE SIGNIFICANT RESULTS FOR THE NEWTON GOLD DISCOVERY,
STAKES SUBSTANTIAL LAND POSITION & LAUNCHES AGGRESSIVE 2010 PROGRAM
January 19, 2010, Vancouver, BC - Amarc Resources Ltd.
("Amarc" or the "Company") (TSX-V: AHR, OTCBB: AXREF announces
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. All significant
assay results from the 14-hole discovery program are shown in the table below
(the first 7 holes were announced in the Company's December 8, 2009 release).
The gold system remains open in all directions (see maps at www.amarcresources.com).
Amarc has the right to acquire an 80% interest in the Newton Property from
High Ridge Resources Inc.
The Company also announces 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
(BC) and contains 4.2 billion pounds of copper and 11 million ounces of gold
in proven and probable reserves (Taseko Mines Limited).
Amarc has initiated a 7,000 line-kilometre airborne geophysical survey over
the Newton Property, other regional anomalies and the recently staked land
package. It will also undertake extensive Induced Polarization (IP) surveys
on the Newton Property to help trace the newly discovered gold deposit and
to guide an aggressive drill campaign in 2010. "The discovery of an important
new bulk-tonnage style gold system at Newton, one that could represent a new
deposit type for BC within a previously unrecognized gold district, is certainly
exciting in its own right," said Amarc Executive Chairman Bob Dickinson.
"What Amarc's geologists have found since announcing the first set
of assay results from Newton last month is equally compelling."
By reviewing public domain geochemical data, the Amarc team has identified
a significant new gold and multi-element geochemical anomaly some 30 kilometres
southeast of Newton. This anomaly has a multi-element signature similar to
that associated with the Newton discovery. Because of the favourable regional
geology, geochemistry and the fact that porphyry deposits worldwide typically
occur in clusters, Amarc believes that Newton, and the entire land package,
has great potential for the discovery of significant gold-copper mineralization.
The Company is immediately launching exploration efforts to identify priority
drill targets.
Amarc's 2009 initial drill program at Newton returned broad, continuous
intervals of bulk-tonnage style gold, silver, copper and zinc mineralization.
Significant intervals of gold, silver, copper and zinc mineralization from
the 14-hole drilling program are shown in the table below.
NEWTON PROJECT
ASSAY RESULTS FROM 14-HOLE, 2009 DISCOVERY DRILL PROGRAM
Drill
Hole ID |
Incl. |
Hole
Dip (degrees) |
Hole
Direction
(degrees) |
From
(m) |
To
(m) |
Int.
(m) |
Au
(g/t) |
Ag
(g/t) |
Cu
(%) |
Zn
(%) |
AuEQ1
(g/t) |
9001 |
-45 |
90 |
3.0 |
39.0 |
36.0 |
0.60 |
0.9 |
0.01 |
0.00 |
0.63 |
|
9001 |
-45 |
90 |
228.0 |
297.0 |
69.0 |
1.41 |
10.9 |
0.12 |
0.05 |
1.85 |
|
9001 |
incl. |
-45 |
90 |
233.1 |
234.0 |
0.9 |
11.19 |
22.2 |
0.21 |
0.87 |
12.49 |
9001 |
incl. |
-45 |
90 |
252.8 |
297.0 |
44.2 |
1.74 |
15.9 |
0.17 |
0.02 |
2.34 |
9001 |
-45 |
90 |
441.0 |
477.0 |
36.0 |
0.34 |
0.6 |
0.03 |
0.01 |
0.42 |
|
9002 |
-90 |
0 |
222.0 |
255.2 |
33.2 |
0.96 |
2.8 |
0.07 |
0.01 |
1.16 |
|
9002 |
incl. |
-90 |
0 |
234.0 |
252.0 |
18.0 |
1.10 |
3.3 |
0.09 |
0.01 |
1.33 |
9003 |
-90 |
0 |
3.0 |
224.5 |
221.5 |
0.60 |
5.6 |
0.07 |
0.08 |
0.87 |
|
9003 |
incl. |
-90 |
0 |
18.0 |
39.0 |
21.0 |
0.71 |
2.3 |
0.01 |
0.00 |
0.77 |
9003 |
incl. |
-90 |
0 |
96.0 |
224.5 |
128.5 |
0.84 |
8.9 |
0.10 |
0.13 |
1.26 |
9003 |
and |
-90 |
0 |
156.0 |
198.0 |
42.0 |
1.25 |
16.8 |
0.20 |
0.11 |
1.98 |
9004 |
-90 |
0 |
6.0 |
195.0 |
189.0 |
1.56 |
7.9 |
0.08 |
0.17 |
1.95 |
|
9004 |
incl. |
-90 |
0 |
54.0 |
195.0 |
141.0 |
2.01 |
10.0 |
0.10 |
0.22 |
2.49 |
9004 |
and |
-90 |
0 |
96.0 |
195.0 |
99.0 |
2.76 |
12.2 |
0.12 |
0.26 |
3.36 |
9004 |
and |
-90 |
0 |
126.0 |
195.0 |
69.0 |
3.79 |
9.1 |
0.08 |
0.30 |
4.26 |
9004 |
and |
-90 |
0 |
129.0 |
132.0 |
3.0 |
13.47 |
14.4 |
0.17 |
0.12 |
14.10 |
9004 |
and |
-90 |
0 |
168.9 |
195.0 |
26.1 |
5.54 |
12.5 |
0.07 |
0.31 |
6.08 |
9005 |
-90 |
0 |
12.0 |
27.0 |
15.0 |
0.32 |
1.4 |
0.04 |
0.02 |
0.43 |
|
9005 |
-90 |
0 |
41.0 |
54.0 |
13.0 |
0.44 |
4.4 |
0.06 |
0.30 |
0.81 |
|
9005 |
-90 |
0 |
76.0 |
163.2 |
87.2 |
0.50 |
7.1 |
0.03 |
0.55 |
1.01 |
|
9005 |
incl. |
-90 |
0 |
88.0 |
89.0 |
1.0 |
16.56 |
221.6 |
0.30 |
2.55 |
22.38 |
9005 |
-90 |
0 |
279.0 |
303.0 |
24.0 |
0.34 |
0.8 |
0.07 |
0.01 |
0.48 |
|
9006 |
-90 |
0 |
9.0 |
306.5 |
297.5 |
0.26 |
2.3 |
0.03 |
0.13 |
0.44 |
|
9006 |
incl. |
-90 |
0 |
78.0 |
192.2 |
114.2 |
0.32 |
3.7 |
0.03 |
0.25 |
0.60 |
9006 |
incl. |
-90 |
0 |
264.0 |
306.5 |
42.5 |
0.43 |
0.6 |
0.05 |
0.01 |
0.53 |
9007 |
-90 |
0 |
48.0 |
252.0 |
204.0 |
0.33 |
4.5 |
0.05 |
0.11 |
0.57 |
|
9007 |
incl. |
-90 |
0 |
48.0 |
66.0 |
18.0 |
0.49 |
1.9 |
0.04 |
0.02 |
0.60 |
9007 |
incl. |
-90 |
0 |
135.0 |
216.0 |
81.0 |
0.46 |
8.0 |
0.07 |
0.20 |
0.85 |
9007 |
and |
-90 |
0 |
183.0 |
216.0 |
33.0 |
0.62 |
13.4 |
0.12 |
0.16 |
1.17 |
9008 |
-90 |
0 |
18.0 |
42.0 |
24.0 |
0.44 |
6.4 |
0.07 |
0.07 |
0.73 |
|
9008 |
-90 |
0 |
123.7 |
129.0 |
5.3 |
0.44 |
8.0 |
0.08 |
0.44 |
1.00 |
|
9009 |
-90 |
0 |
15.0 |
147.9 |
132.9 |
0.25 |
5.9 |
0.02 |
0.28 |
0.55 |
|
9009 |
incl. |
-90 |
0 |
66.0 |
114.0 |
48.0 |
0.36 |
6.3 |
0.02 |
0.28 |
0.68 |
9010 |
-90 |
0 |
35.4 |
189.0 |
153.6 |
0.29 |
3.0 |
0.03 |
0.23 |
0.52 |
|
9010 |
incl. |
-90 |
0 |
35.4 |
69.0 |
33.6 |
0.52 |
3.2 |
0.05 |
0.06 |
0.72 |
9011 |
-90 |
0 |
83.4 |
207.0 |
123.6 |
0.44 |
2.3 |
0.04 |
0.11 |
0.62 |
|
9011 |
incl. |
-90 |
0 |
149.0 |
207.0 |
58.0 |
0.60 |
2.4 |
0.04 |
0.06 |
0.75 |
9011 |
and |
-90 |
0 |
186.0 |
207.0 |
21.0 |
1.13 |
2.9 |
0.05 |
0.01 |
1.28 |
9012 |
No reportable intercepts |
||||||||||
9013 |
No reportable intercepts |
||||||||||
9014 |
-90 |
0 |
72.0 |
210.0 |
138.0 |
0.74 |
4.2 |
0.06 |
0.05 |
0.95 |
|
9014 |
incl. |
-90 |
0 |
147.0 |
210.0 |
63.0 |
1.17 |
6.8 |
0.08 |
0.05 |
1.47 |
9014 |
incl. |
-90 |
0 |
168.0 |
207.0 |
39.0 |
1.45 |
6.5 |
0.10 |
0.06 |
1.79 |
9014 |
incl. |
-90 |
0 |
204.0 |
207.0 |
3.0 |
11.70 |
50.8 |
0.45 |
0.06 |
13.44 |
1
Gold equivalent calculations use metal prices of Au US$900/oz, Ag US$15/oz,
Cu US$2.50/lb and Zn US$0.80/lb
Metallurgical recoveries and net smelter returns are
assumed to be 100%.
AuEQ = (Au g/t) + (Ag g/t x 0.482/28.94) + (Cu
% x 55.12/28.94) + (Zn % x 17.64/28.94).
Delineating the bulk-tonnage
style gold, silver, copper and zinc system at the Newton Property is a priority
for Amarc. The Company plans to establish a year-round base camp at Newton
in 2010, and will initiate an IP survey early in the year to assist in guiding
a major drill campaign. Permit applications for these activities have already
been submitted to the BC government.
Amarc has contracted Geotech Ltd to undertake a 7,000 line-kilometre helicopter-borne
ZTEM (Z-Axis Tipper Electromagnetic system) geophysical survey over the entire
district. Identifying the geophysical signature of the Newton mineralization
and other known mineral occurrences in the region is a priority. Once these
signatures are established, Amarc will utilize comparative data to assist
in the definition of previously unrecognized targets within the total 1,500
square kilometre mineral tenure. ZTEM target definition will assist in focusing
ground exploration activities and the development of priority drill targets.
The ZTEM geophysical technology is an innovative airborne electromagnetic
system that provides unparalleled resolution and depth of investigation -
detecting conductors more that one kilometre below surface. High-sensitivity
magnetometer data will also be collected concurrently with electromagnetic
data. Amarc's planned 2010 program will be one of the largest airborne
geophysical surveys ever undertaken in BC by an exploration company (see maps
at www.amarcresources.com).
The Newton Project and regional gold-copper belt are located approximately
100 kilometres southwest of the City of Williams Lake, within the Chilcotin
region of south-central British Columbia - an area well served by regional
infrastructure. The Newton gold discovery is located approximately 40 kilometers
to the north of the Prosperity copper-gold development project, which received
environment approval from the BC government on January 14, 2010. Particularly
given the downturn in the forest industry and the impact of pine beetle infestation
on Chilcotin forests, investment in mineral development enjoys broad public
support in Williams Lake and surrounding communities.
Amarc Resources Ltd. is a Vancouver-based exploration and development company
affiliated with the Hunter Dickinson group, a private company associated with
a series of successful mineral exploration and development projects in BC.
Mark Rebagliati, P.Eng., a Qualified Person as defined under National Instrument
43-101, is supervising the exploration and quality assurance and quality control
programs on behalf of Amarc and has reviewed the content of this release.
Information on the analytical procedures is available on the Company's
website under Exploration Programs. For further details on Amarc Resources
Ltd., please visit the Company's website at www.amarcresources.com or
contact Investor Services at (604) 684-6365 or in North America at 1-800-667-2114.
ON BEHALF OF THE BOARD
Ronald W. Thiessen
President & CEO
Neither the TSX Venture Exchange
nor any other regulatory authority accepts responsibility for the adequacy
or accuracy of this release.
Forward Looking and other Cautionary Information
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 exploration drilling, exploitation activities
and other related events or developments 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, continuity
of mineralization, uncertainties related to the ability to obtain necessary
permits, licenses and title and delays due to third party opposition, changes
in government policies regarding mining and natural resource exploration
and exploitation, 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 actual results
or developments may differ materially from those projected in the forward-looking
statements. For more information on Amarc Resources Ltd., investors should review
the Company's annual Form 20-F filing with the United States Securities
and Exchange Commission at www.sec.gov and its home jurisdiction filings
that are available at www.sedar.com.