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 July 14, 2004
AMARC
RESOURCES LTD.
800 West Pender Street, Suite 1020
Vancouver, British Columbia
Canada V6C 2V6
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/ Jeffrey R. Mason
Director and Chief Financial Officer
Date: July 21, 2004
* Print the name and title of the signing officer under his signature
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Amarc Resources Ltd.
1020 - 800 W Pender St.
Vancouver BC
Canada V6C 2V6
Tel 604 684 - 6365
Fax 604 684 - 8092
Toll Free 1 800 667 - 2114
http://www.hdgold.com
AMARC TO ACQUIRE GOLD-COPPER PORPHYRY DEPOSIT TARGET
July 14, 2004, Vancouver, BC - Ronald W. Thiessen, President and
CEO of Amarc Resources Ltd. (TSX Venture: AHR, OTCBB: AXREF) is pleased to
announce that the Company has entered into an option agreement with two arm's
length parties to acquire a 100% interest in the Spius gold-copper-molybdenum
porphyry property. The property is located in the Nicola region of south-central
British Columbia, near the town of Merritt.
The Spius gold-copper porphyry target is defined by an extensive (500 metres
by 600 metres) open-ended copper-in-soil anomaly, with associated molybdenum
values, situated near two large (500 metres by 1200 metres) induced polarization
chargeability anomalies. The property is underlain by Permian to Cretaceous
intrusive rocks - a geological setting that hosts many major copper-gold porphyry
mines in British Columbia. One of these, the Copper Mountain gold-copper deposit
at Princeton, produced 170 million tonnes grading 0.58% copper and 0.17 g/t
gold. Very limited drilling has been done on the property but this work did
not test the prospective copper-in-soil anomaly. Amarc plans to initiate exploration
at the property, shortly, with the objective of advancing the project to the
drill ready stage in the next several months.
Amarc can acquire its interest by making staged cash payments totaling $35,000
and issuing 80,000 common shares over three years. The first option payment
of 10,000 shares is due upon approval by the appropriate regulatory bodies.
The property is also subject to a 2% NSR, which Amarc, at its option, can
purchase for $2.0 million.
With a working capital position of $13.2 million, Amarc has embarked on a
focused effort to make major new mineral deposit discoveries in British Columbia.
Guided by Hunter Dickinson management and senior staff, who have made a number
of significant discoveries in BC, Amarc's exploration team is assembling
a portfolio of key projects.
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 within North America at 1-800-667-2114.
ON BEHALF OF THE BOARD OF DIRECTORS
/s/ Ronald W. Thiessen
Ronald W. Thiessen
President & 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 Securities Commission.