Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
CIK # 1175596
As at March 21, 2005
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/ Jeffrey R. Mason
Director and Chief Financial Officer
Date: March 21, 2005
Print the name and title of the signing officer under his signature
--------------
Amarc Resources Ltd.
Ste. 1020-800 West Pender Street
Vancouver, BC V6C 2V6
Tel: 604-684-6365
Fax: 604-684-8092
Toll Free: 1-800-667-2114
www.amarcresources.com
AMARC DRILLING ENCOUNTERS STRONG SILVER VALUES AT
MASSIVE SULPHIDE TARGET IN CENTRAL BRITISH COLUMBIA
March 21, 2005, Vancouver, BC - Ronald W. Thiessen, President
and CEO of Amarc Resources Ltd. (TSX Venture: AHR; OTCBB: AXREF) is pleased
to announce assay results from its phase one core drilling program on the
Max property located in central British Columbia, 80 kilometres north of
Kamloops.
Thirteen exploration core holes totalling 2,728 metres have been drilled
to date by Amarc on the Max property. These holes have intersected at least
two precious metals-rich, volcanogenic massive sulphide horizons containing
silver, gold, copper, lead, zinc and barite. The two sub-parallel mineralized
horizons trend northwest and dip at shallow to moderate angles to the northeast.
A lower mineralized horizon lies approximately 40 metres below the upper
horizon. The thirteen holes have traced the mineralized horizons approximately
300 metres down dip. Assay results for phase one drill holes are listed
in the following table.
MAX PROPERTY
PHASE ONE - DRILL HOLE ASSAY TABLE
|
Drill Hole Numbers |
From (metres) |
To (metres) |
Intercept (metres) |
Intercept (feet) |
Ag g/t |
Au g/t |
Cu % |
Pb % |
Zn % |
|
|
MX5-01 |
| 109.50 | 110.20 | 0.70 | 2.3 | 82 | 0.04 | 0.10 | 1.46 | 3.42 |
|
MX5-02 |
| 60.60 | 61.80 | 1.20 | 3.9 | 121 | 0.17 | 0.43 | 0.99 | 1.62 |
|
MX5-02 |
| 104.10 | 107.90 | 3.80 | 12.5 | 57 | 0.04 | 0.72 | 0.89 | 3.34 |
|
MX5-03 |
| 61.00 | 68.20 | 7.20 | 23.6 | 459 | 2.70 | 1.27 | 5.95 | 9.17 |
|
MX5-04 |
| 80.10 | 89.20 | 9.10 | 29.9 | 285 | 1.05 | 0.41 | 1.11 | 2.23 |
|
MX5-04 |
Incl. | 80.10 | 83.50 | 3.40 | 11.2 | 639 | 2.31 | 0.74 | 1.62 | 2.88 |
|
MX5-04 |
| 144.80 | 146.00 | 1.20 | 3.9 | 309 | 0.68 | 0.25 | 1.38 | 2.68 |
|
MX5-05 |
Incl. | 111.00 | 114.50 | 3.50 | 11.5 | 508 | 2.44 | 0.31 | 0.98 | 1.15 |
|
MX5-05 |
| 168.90 | 170.40 | 1.50 | 4.9 | 232 | 0.36 | 0.16 | 0.67 | 1.26 |
|
MX5-05 |
| 184.80 | 186.10 | 1.30 | 4.3 | 324 | 1.72 | 0.51 | 1.28 | 2.31 |
|
MX5-05 |
| 195.00 | 198.90 | 3.90 | 12.8 | 193 | 0.36 | 0.18 | 1.11 | 2.33 |
|
MX5-06 |
| 132.80 | 136.50 | 3.70 | 12.1 | 208 | 0.41 | 0.23 | 1.50 | 1.82 |
|
MX5-06 |
Incl. | 135.80 | 136.50 | 0.70 | 2.3 | 834 | 0.93 | 0.89 | 2.55 | 4.95 |
|
MX5-06 |
| 256.40 | 262.10 | 5.70 | 18.7 | 208 | 1.37 | 0.22 | 0.70 | 1.34 |
|
MX5-07 |
| 57.10 | 62.60 | 5.50 | 18.0 | 174 | 0.76 | 0.35 | 2.14 | 3.27 |
|
MX5-07 |
Incl. | 61.20 | 62.60 | 1.40 | 4.6 | 299 | 0.39 | 0.65 | 6.67 | 9.84 |
|
MX5-07 |
| 113.00 | 118.50 | 5.50 | 18.0 | 220 | 0.31 | 0.17 | 0.55 | 1.12 |
|
MX5-07 |
Incl. | 117.50 | 118.50 | 1.00 | 3.3 | 360 | 0.30 | 0.27 | 0.82 | 1.25 |
|
MX5-08 |
Incl. | 93.90 | 98.80 | 4.90 | 16.1 | 255 | 0.92 | 0.20 | 0.84 | 1.99 |
|
MX5-08 |
| 147.80 | 148.80 | 1.00 | 3.3 | 230 | 0.54 | 0.19 | 0.53 | 1.11 |
|
MX5-08 |
| 156.00 | 163.60 | 7.60 | 24.9 | 287 | 0.34 | 0.26 | 1.17 | 1.93 |
|
MX5-09 |
| 97.30 | 99.20 | 1.90 | 6.2 | 176 | 0.64 | 0.27 | 0.62 | 0.83 |
|
MX5-10 |
| 124.60 | 126.20 | 1.60 | 5.2 | 241 | 0.39 | 0.13 | 0.35 | 0.69 |
|
MX5-11 |
| 63.80 | 69.60 | 5.80 | 19.0 | 26 | 0.09 | 0.04 | 0.26 | 1.20 |
|
MX5-12 |
| 94.40 | 96.00 | 1.60 | 5.2 | 17 | 0.11 | 0.07 | 0.63 | 1.65 |
|
MX5-13 |
| 163.80 | 165.70 | 1.90 | 6.2 | 98 | 0.27 | 0.18 | 0.99 | 1.86 |
The Max property
has been referred to historically as the Kamad Silver property. Historical
production from the property, mostly during the 1920's and 1930's,
was 6,940 tonnes containing 1,261 g/t silver, 1.6 g/t gold, 1.3% copper, 2.0%
lead and 2.9% zinc. Several gold-silver-copper-lead-zinc deposits occur in
the region of the Max property. During the period 1989 to 1992, the Samotosum
mine, located 3.5 kilometres north of the Max property, milled 554,870 tonnes
containing 774 g/t silver, 1.15 g/t gold, 0.66% copper, 0.9% lead and 1.7%
zinc. The Rea Gold deposit, located 4 kilometres north of Max, has a historical
indicated resource, (the estimate of which pre-dates standards of National
Instrument 43-101) of 376,000 tonnes containing 69 g/t silver, 6.10 g/t gold,
0.33% copper, 2.2% lead and 2.3% zinc (Northern Miner, November 30, 1987).
Amarc has entered into an agreement whereby the Company can acquire 100% of
the Max property from an arms-length vendor by paying in stages a total of
200,000 common shares and $135,000 cash. The agreement also includes a 2%
Net Smelter Royalty payable from production on the property, which Amarc can
purchase for $1 million.
Amarc's drilling programs include rigorous quality assurance and quality
control ("QA/QC") procedures under the supervision of qualified persons.
Sample preparation and analysis are done by ALS Chemex analytical laboratory
in Vancouver, BC. The qualified person for the drilling program on the Max
property is Mark Rebagliati, P.Eng.
Amarc is aggressively advancing its focused effort to make major new mineral
deposit discoveries in British Columbia. Guided by Hunter Dickinson management
and senior staff, who have made previous discoveries in BC, Amarc's exploration
team is assembling a portfolio of key projects. A phase two drill program
for the Max property is being planned and ground surveys of numerous other
high priority properties are currently underway.
For further details on Amarc and its properties visit the Company's website
at www.amarcresources.com or contact Investor Services at (604)684-6365 or
within North America call 1-800-667-2114.
ON BEHALF OF THE BOARD
/s/ Ronald W. Thiessen
Ronald W. Thiessen
President and CEO
Neither the TSX Venture Exchange nor any other regulatory authority accepts
responsibility for the adequacy or accuracy of this release.
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, and 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 the Company, Investors
should review the Company's annual Form 20-F filing with the United States
Securities Commission and its home jurisdiction filings that are available
at www.sedar.com.