VANCOUVER, Nov. 29, 2011 /CNW/ - Amarc Resources Ltd. ("Amarc" or the
"Company") (TSX Venture: AHR; OTCBB: AXREF) notes news disseminated
today by its joint venture partner Newton Gold Corp. (NGC) pertaining
to assay data from the first four drill holes completed as part of the
on-going drill campaign at the Newton property. Amarc will provide a
full update on assay results received from the drill holes quoted in
the NGC news release once the Company has received all assay data from
these initial holes and completed its Quality Control/Quality Assurance
review in order to ensure the accuracy of the results.
Amarc has acquired an 80% interest in the Newton property and is the
operator of the Newton Joint Venture, with Newton Gold Corp.
contributing 20% of operating capital.
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, potential environmental issues or
liabilities associated with exploration, development and mining
activities, exploration and exploitation 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 and the effect 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.
SOURCE Amarc Resources Ltd.
For further information:
For further details on Amarc Resources Ltd., please visit the Company's website at or contact Investor Services at (604) 684-6365 or within North America at 1-800-667-2114.