Corporate Presentation - November 2014

Amarc Resources Ltd.
An Important New Discovery The Value Creation Cycle Begins
IKE Copper‐Molybdenum‐Silver Discovery
British Columbia
November 2014
Cautionary and Forward‐Looking Statement Information This presentation includes certain statements that may be deemed ʺforward‐looking statementsʺ. All such statements, other than statements of historical facts that address exploration drilling, exploitation activities and other related events or developments are forward‐looking statements. Although Amarc Resources Ltd. (“Amarc”) 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. Assumptions used by Amarc to develop forward‐looking statements include the following: Amarc’s projects will obtain all required environmental and other permits and all land use and other licenses, studies and exploration of Amarc’s projects will continue to be positive, and no geological or technical problems will occur. 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, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and tenure and delays due to third
party opposition, changes in and the effect of government policies regarding mining and natural resource exploration and exploitation, the exploration and development of properties located within Aboriginal groups asserted territories may affect or be perceived to affect asserted aboriginal rights and title, which may cause permitting delays or opposition by Aboriginal groups, 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 Companyʹs 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. Technical information contained in this presentation has been reviewed and approved by Mark Rebagliati, P.Eng., a Qualified Person, who is not independent of Amarc Resources Ltd.
2
Amarc – An Important New Discovery – Value Creation Begins
 A recently completed nine hole (5,400 metre) drill program has discovered a major bulk tonnage copper‐molybdenum‐silver deposit at IKE in south‐central British Columbia
 New geophysical and geochemical surveys just completed over the IKE discovery area indicate the potential for “lots more to come”
 Amarc has moved rapidly to secure additional mineral claims surrounding IKE to cover other compelling deposit targets and potential infrastructure options
 A comprehensive corporate and technical business plan is being implemented to move IKE efficiently forward and up the value creation curve
3
IKE – Assay Results from Nine Exploration Holes Indicate Potential for Important Resource Volumes
2014 Discovery Drill Holes
Plan View
4
IKE – Discovery Hole Results Indicate IKE will be an Important BC Porphyry Deposit
2014 Discovery Drill Holes Selected Assay Intervals
Drill Hole
Interval2,3 (m)
CuEQ1 (%)
Cu (%)
Mo (%)
Ag (g/t)
14001
247
0.42
0.28
0.030
2.0
14002
234
0.43
0.26
0.040
1.7
14003
92
0.41
0.31
0.020
2.1
14005
194
0.49
0.30
0.046
0.8
14006
308
0.41
0.26
0.032
1.8
289
0.37
0.27
0.022
1.6
97
0.46
0.32
0.030
2.2
14008
1. Copper equivalent calculations use metal prices of: Cu US$3.00/lb, Mo US$12.00/lb and Ag US$20.00/oz. Metallurgical recoveries and net smelter returns are assumed to be 100%.
2. Widths reported are drill widths, such that true thicknesses are unknown.
3. All assay intervals represent length weighted averages.
5
Amarc – Now at the Key Point of Entry for Investors
Value Creation Begins
Lifecycle of a Mining Share
6
Amarc – Low Market Capitalization
Listed
TSXV: AHR OTCBB: AXREF 139 million
Shares Issued
~19%
Management Owns
$1.0 million
Working Capital
An HDI Associated Company
7
HDI – A Leading Explorer, Developer & Operator in BC
Hunter Dickinson Inc. has been successfully exploring, developing and operating mines in
BC for over 25 years
 Legacy Projects
 Golden Bear Mine
 Mt. Milligan Mine
 Kemess Mine
 Amarc Resources Ltd.
 IKE Project
 Newton Project
 Constantia Resources Ltd.
 Maggie Project
 Taseko Mines Limited
 Gibraltar Mine
 New Prosperity Project
 Aley Project
8
IKE – Location and Infrastructure
50 Kilometres
9
IKE – Amarc Negotiated Favourable Property Acquisition Terms
 Amarc is the operator of the IKE mineral property under the terms of an Option to Purchase Agreement with two geologist vendors
 Amarc will acquire a 100% interest in IKE before November 30, 2015 by:
 Completing $1.86 million in exploration expenditures
 Making a $40,000 cash payment
 Issuing 100,000 shares
 An underlying 2% Net Smelter Returns Royalty to the vendors can be purchased for $4 million (of which $2 million can be paid in shares at Amarc’s option)  An underlying 1% Net Smelter Returns Royalty held by a former operator can be purchased for $2 million in cash and/or shares at any time 10
IKE – Project is Located 44 Kilometres Northwest of Gold Bridge
Resource Development Operations Provide Access into IKE Region
Looking Westerly
Logging
Operations
IKE
Gold Bridge
Source: Google
11
IKE – Comprehensive Approach to Engagement
 Committed to meaningful engagement and building positive relationships with Aboriginal groups in our project area
 Explore potential partnerships and where appropriate negotiate agreements with Aboriginal groups  Engage and work with local communities
 Build broad‐based community project support
 Maintain and build on positive relationships with regulators
 Support government’s consultation duty at the earliest stages by building a solid consultation record to assist government in timely and fair regulatory decision‐making 12
IKE – Outside of Tsilhqot’in Proven Title Area
Drill Permit located 50 km outside of Title Area
13
IKE – Aboriginal Considerations
 Several Aboriginal groups have overlapping interests in the IKE area
 Amarc has completed comprehensive ethnohistorical research to inform our approach to Aboriginal engagement
 One of the Aboriginal groups, the Tsilhqot’in Nation, has expressed opposition to development in the area
 The Tsilhqot’in position may be influenced by larger discussions underway with the BC government led by the Premier, to find a cooperative go‐forward plan with respect to the recent Supreme Court of Canada ruling
 Amarc is engaged with local Aboriginal groups in pursuit of a cooperative and constructive path forward
 Amarc is committed to meaningful engagement and has a comprehensive approach 14
HDI Aboriginal Agreements
 Golden Bear, an HDI legacy project, was the first project in Canada to sign an IBA
 Since 2011, 12 Agreements have been signed between Aboriginal groups and HDI companies across Canada for projects at various stages of development
SKI KM LAX HA NATION
Brigade
TSAY KEH DENE FIRST NATION
Taseko
OFFICE OF WET‘SUWET’EN
ST. MARY’S FIRST NATION
ASSEMBLY OF FIRST NATIONS
CHIEFS OF NEW BRUNSWICK
WOODSTOCK FIRST NATION
Quartz Mountain
Northcliff
NAZKO FIRST NATION
Amarc
WET’SUWET’EN FIRST NATION
Quartz Mountain
WILLIAMS LAKE INDIAN BAND
Taseko
HIGH BAR FIRST NATION
WHISPERING PINES FIRST NATION
Constantia
15
IKE – Looking East From Granite Creek Across Historical Drill Program Cat Roads at Discovery
Important Porphyry
Cu‐Mo‐Ag System
Drill Permit
Granite Creek
Source: Google
16
IKE – Extensive Mineralized Porphyry System is Evident
Looking Easterly
Hole 11‐1
Hole 81‐2
Hole 11‐2
3 Key Historical Drill Holes
17
IKE – Three Key Historical Drill Holes Intercepted Significant Cu‐Mo‐Ag Mineralization
Looking Easterly
NORTH
SOUTH
OPEN
OPEN
OPEN
1. Copper equivalent calculations use metal prices of: Cu US$3.00/lb, Mo US$12.00/lb and Ag US$20.00/oz. Metallurgical recoveries and net smelter returns are assumed to be 100%.
2. Copper equivalent for holes 11‐1 and 11‐2 used copper, molybdenum, and silver. Copper equivalent for holes 81‐2 and 81‐1 used copper and molybdenum only.
18
IKE – Looking Northwesterly Over IKE
19
IKE – Amarc has Drilled 5,400 Metres in 9 Exploration Core Holes
2014 Drill Hole Plan
OPEN
EAST
WEST
OPEN
OPEN
OPEN
20
IKE – Assay Results Indicate Potential for Important Resource Volumes
2014 Discovery Drill Holes
Plan View
21
IKE – Long, Continuously Mineralized Intersections
2014 Discovery Drill Holes Assay Results
Drill Hole
14001
14002
14003
To (m)
Interval2,3 (m)
CuEQ1 (%)
Cu (%)
Mo (%)
Ag (g/t)
55.0
213.7
158.7
0.38
0.27
0.020
2.5
242.0
489.0
247.0
0.42
0.28
0.030
2.0
incl.
242.0
275.0
33.0
0.43
0.35
0.011
4.1
incl.
284.6
362.5
77.9
0.44
0.31
0.027
2.0
incl.
372.9
395.2
22.3
0.45
0.25
0.045
1.7
incl.
404.1
489.0
84.9
0.50
0.30
0.045
1.7
528.0
634.6
106.6
0.28
0.23
0.009
1.9
57.3
180.1
122.8
0.41
0.32
0.017
2.5
206.0
494.6
288.6
0.40
0.24
0.038
1.6
incl.
206.0
440.0
234.0
0.43
0.26
0.040
1.7
and 206.0
364.0
158.0
0.45
0.26
0.046
1.7
and 368.5
440.0
71.5
0.41
0.27
0.031
1.7
521.7
551.1
29.4
0.45
0.15
0.076
0.6
10.2
102.0
91.8
0.41
0.31
0.020
2.1
282.0
365.0
83.0
0.20
0.08
0.029
0.7
Incl.
From (m)
1. Copper equivalent calculations use metal prices of: Cu US$3.00/lb, Mo US$12.00/lb and Ag US$20.00/oz. Metallurgical recoveries and net smelter returns are assumed to be 100%.
2. Widths reported are drill widths, such that true thicknesses are unknown.
3. All assay intervals represent length weighted averages.
22
IKE – Long, Continuously Mineralized Intersections
2014 Discovery Drill Holes Assay Results
Drill Hole
CuEQ1 (%)
Cu (%)
Mo (%)
Ag (g/t)
61.0
0.29
0.13
0.036
0.9
80.0
48.0
0.27
0.23
0.007
1.4
269.4
552.3
282.9
0.44
0.29
0.038
0.7
269.4
463.2
193.8
0.49
0.30
0.046
0.8
602.9
616.1
13.2
0.33
0.29
0.009
0.6
9.0
75.0
66.0
0.25
0.21
0.008
1.3
124.0
574.3
450.3
0.37
0.24
0.028
1.7
incl.
124.0
432.2
308.2
0.41
0.26
0.032
1.8
and 124.0
207.8
83.8
0.43
0.31
0.026
2.2
and 216.4
258.0
41.6
0.43
0.30
0.024
2.8
and 381.9
432.2
50.4
0.72
0.35
0.088
1.8
incl.
441.9
490.0
48.1
0.46
0.27
0.044
1.8
671.0
681.8
10.8
0.33
0.28
0.007
2.0
Incl.
14004
14005
14006
incl.
From (m)
To (m)
128.0
189.0
32.0
Interval2,3 (m)
1. Copper equivalent calculations use metal prices of: Cu US$3.00/lb, Mo US$12.00/lb and Ag US$20.00/oz. Metallurgical recoveries and net smelter returns are assumed to be 100%.
2. Widths reported are drill widths, such that true thicknesses are unknown.
3. All assay intervals represent length weighted averages.
23
IKE – Long, Continuously Mineralized Intersections
2014 Discovery Drill Holes Assay Results
Drill Hole
Incl.
14009
To (m)
Interval2,3 (m)
CuEQ1 (%)
Cu (%)
Mo (%)
Ag (g/t)
7.9
24.9
17.0
0.31
0.22
0.020
1.1
139.5
167.0
27.5
0.27
0.06
0.051
0.5
223.0
274.0
51.0
0.24
0.05
0.048
0.5
304.0
411.9
107.9
0.24
0.12
0.030
0.7
135.4
168.0
32.6
0.30
0.24
0.009
2.0
233.0
258.5
25.5
0.34
0.23
0.023
1.5
278.1
567.0
288.9
0.37
0.27
0.022
1.6
incl.
287.7
384.3
96.6
0.46
0.32
0.030
2.2
incl.
418.7
462.8
44.0
0.38
0.31
0.015
1.8
incl.
484.0
564.0
80.0
0.38
0.30
0.018
1.6
605.0
648.0
43.0
0.25
0.20
0.012
1.0
10.5
200.0
189.5
0.24
0.16
0.018
1.1
10.5
98.0
87.5
0.29
0.20
0.019
1.4
14007
14008
From (m)
incl.
1. Copper equivalent calculations use metal prices of: Cu US$3.00/lb, Mo US$12.00/lb and Ag US$20.00/oz. Metallurgical recoveries and net smelter returns are assumed to be 100%.
2. Widths reported are drill widths, such that true thicknesses are unknown.
3. All assay intervals represent length weighted averages.
24
IKE – Cross Section A‐A’, Looking North
Cu and Mo Grades
A
A’
25
IKE – Cross Section A‐A’, Looking North
CuEQ Grades
A
A’
1
1. Copper equivalent calculations use metal prices of: Cu US$3.00/lb, Mo US$12.00/lb and Ag US$20.00/oz. Metallurgical recoveries and net smelter returns are assumed to be 100%.
26
IKE – Cross Section B‐B’, Looking East
Cu and Mo Grades
B
B’
27
IKE – Cross Section B‐B’, Looking East
CuEQ Grades
B
B’
1
1. Copper equivalent calculations use metal prices of: Cu US$3.00/lb, Mo US$12.00/lb and Ag US$20.00/oz. Metallurgical recoveries and net smelter returns are assumed to be 100%.
28
Example Cu and Au Grade Distribution for a BC Operating Mine
Mt. Milligan Deposit: West‐East Section
2013 Mt. MilliganE Reserves at a $4.10/t NSR cut‐off
478 M tonnes grading 0.44% CuEQ comprised of 0.20% Cu and 0.39 g/t Au West
East
Au Cu
Au Cu
Au Cu
Au Cu
Au reference line @ 0.40 g/t; Max @ 1.00 g/t.
Cu reference line @ 0.20 %; Max @ 1.00 %.
Au Cu
E. For reserves information source refer to reference page at back of presentation.
200 Feet
29
IKE – Historical Airborne ZTEM Indicates Extensive Rock Alteration
30
IKE – New Airborne Magnetic Survey Indicates Important Size Porphyry System
IKE Porphyry System
Magnetite Destruction
Zones
Magnetite Destruction
Zone
31
IKE – New IP Survey Indicates Mineralization Open to Major Expansion
IKE Porphyry System
Magnetite Destruction
Zones
Magnetite Destruction
Zone
32
IKE – 3D Modelled IP Sections Indicate Important Mineralized System
OPEN
1 Kilometre
OPEN
33
IKE – Coinciding Geophysical Anomalies Indicate Important Potential Resource Volumes
34
IKE – Talus Fines Sampling Confirms Widespread Mineralization
35
IKE – Intrusive Rocks (Hornblende Granodiorite and Quartz‐Monzonite) are the Main Hosts for Chalcopyrite and Molybdenite
IK14008‐557m. Potassic altered biotite
quartz‐monzonite. Primary, igneous biotite and hornblende are replaced by hydrothermal biotite and chalcopyrite. In addition, chalcopyrite occurs in quartz veins.
Chalcopyrite
IK14006‐432m. Dyke
Chalcopyrite
Molybdenite
Potassic altered hornblende granodiorite intruded by thin, fine‐grained dyke. Several chalcopyrite veinlets
that parallel the dyke contact, are cut by a prominent quartz‐
chalcopyrite‐molybdenite
vein, which in turn is cut by another younger chalcopyrite veinlet in the lower right corner.
36
IKE – Characteristics of Cu and Mo Mineralization
Indicate Standard Low Cost Processing Likely
Molybdenite
Chalcopyrite
Pyrite
Chalcopyrite
Disseminated
Vein Controlled

The majority of the chalcopyrite‐molybdenite mineralization is disseminated throughout the intrusions with other mineralization associated with fractures and veins 
Chalcopyrite and molybdenite are both quite coarse grained indicating good liberation properties and straight forward flotation recovery

Chalcopyrite is not intergrown with pyrite suggesting the potential for a high grade copper concentrate

Initial rhenium analyses suggest some by‐product potential which warrants further investigation

Concentrations of any deleterious elements are very low indicating a clean concentrate
37
BC Porphyry Copper Mines and Projects
Infrastructure! Infrastructure! Infrastructure!
38
BC Porphyry Copper Mines Host
CuEQ Grades Ranging from 0.32% ‐ 0.54% RESOURCES AND RESERVES AT SELECTED BC MINES AND PROJECTS2
Name
Million tonnes
Cu %
Mo %
Au g/t
Ag g/t
CuEQ%1
Red ChrisA
288
0.37
‐
0.28
‐
0.54
New ProsperityB
831
0.23
‐
0.41
‐
0.48
Mt. PolleyC
87
0.29
‐
0.30
0.4
0.48
MorrisonD
267
0.35
0.005
0.17
‐
0.47
Mt. MilliganE
478
0.20
‐
0.39
‐
0.44
AjaxF
512
0.31
‐
0.19
‐
0.43
Copper MountainG
233
0.36
‐
0.09
1.3
0.43
Gibraltar (GDP3) H
752
0.30
0.008
‐
‐
0.33
Highland ValleyI
663
0.29
0.008
‐
‐
0.32
HuckleberryC
40
0.34
‐
‐
‐
0.34
1. Copper equivalent calculated using Cu $3.00/lb, Au $1,250/oz, Mo $12/lb and Ag $20/oz. Metallurgical recoveries and net smelter returns are assumed to be 100%.
2. Resources estimated at 0.20% copper cutoff. Resources include Measured and Indicated only.
A – I. For information sources refer to reference page at back of presentation.
DRILLING AT IKE RETURNED LONG INTERCEPTS OF MINERALIZATION INCLUDING:
 247 m of 0.42% CuEQ1 @ 0.28% Cu, 0.030% Mo, 2.0 g/t Ag (Hole 14001)
 234 m of 0.43% CuEQ1 @ 0.26% Cu, 0.040% Mo, 1.7 g/t Ag (Hole 14002)
 194 m of 0.49% CuEQ1 @ 0.30% Cu, 0.046% Mo, 0.8 g/t Ag (Hole 14005)
 308 m of 0.41% CuEQ1 @ 0.26% Cu, 0.032% Mo, 1.8 g/t Ag (Hole 14006)
39
Porphyry Copper Deposits Often Occur in Clusters
Highland Valley (current)
673Mt at 0.29% Cu & 0.008% Mo
Highland Valley Copper
Size and Distribution of Mineralized Zones
4 Kilometres
40
Amarc has Acquired Mineral Tenures Over the Entire District
41
New District‐Wide Copper‐in‐Silt Results Identify Compelling Targets
42
New District‐Wide Molybdenum‐in‐Silt Results Identify Compelling Targets
43
Rowbottom – A Porphyry Cu‐Mo System has been Discovered
Rowbottom
 Located ~ 5 km northwest of IKE
 Porphyry Cu‐Mo system identified by historical surveys and drilling
 Underexplored with sporadic early‐stage type exploration from 1969 to 1990
 A 700 m x 300 m IP target is co‐incident with a copper‐in‐soils geochemical anomaly
 11 short percussion holes (~60 m to 90 m deep) returned encouraging results including:
 56 m of 0.55% CuEQ1 @ 0.41% Cu and 0.034% Mo
 88 m of 0.38% CuEQ1 @ 0.36% Cu and 0.006% Mo
Note: no gold or silver analyses were performed
 The identified porphyry Cu‐Mo system remains wide open to expansion
 The Rowbottom deposit target requires a new modern IP survey followed by systematic diamond drilling
1. Copper equivalent calculations use metal prices of: Cu US$3.00/lb, Mo US$12.00/lb and Ag US$20.00/oz. Metallurgical recoveries and net smelter returns are assumed to be 100%.
44
Rowbottom – Historical Drilling Indicates Strong Potential for a Porphyry Cu‐Mo Deposit
Galore Property
Great Quest Property
Well Mineralized
Mineralized
S‐62 S‐63 S‐24
Not Mineralized
S‐64
S‐22 S‐23 S‐21 S‐20
S‐61
S‐26
S‐25
Hole
Number
Depth (ft)
Interval (ft)
S‐20
S‐21
S‐22
S‐23
S‐24
S‐25
S‐26
S‐61
S‐62
S‐63
S‐64
200’
200’
200’
200’
200’
200’
200’
200’
200’
250’
300’
50‐120’
140‐150’
15‐200’
10‐70’
20‐200’
70‐100’
60‐70’
10‐300’
Width2
(ft)
Cu (%)
Mo (%)
70’
0.22
0.008
10’
0.21
0.019
185’
0.41
0.034
60’
0.30
0.001
180’
0.25
0.028
No reportable intercepts
No reportable intercepts
No reportable intercepts
30’
0.39
0.061
10’
0.28
0.010
290’
0.36
0.006
CuEQ1
(%)
0.25
0.29
0.55
0.30
0.36
0.63
0.32
0.38
Drill Road
400 Metres
1. Copper equivalent calculated using Cu $3.00/lb, Au $1,250/oz, Mo $12/lb and Ag $20/oz. Metallurgical recoveries and net smelter returns are assumed to be 100%.
45
Mad Major – A Porphyry Cu‐Mo‐Ag System has been Discovered
Mad Major
 Located ~ 6 km east of IKE
 Porphyry Cu‐Mo‐Ag target in a favorable geological setting
 Underexplored with limited, early‐stage exploration from 1963‐1991
 Extensive 4 km2 strong Cu and Mo in soils geochemical anomaly  Limited historical drilling tested only a small proportion of the geochemical anomaly:
 Galore Resources drilled a single hole in the 2008 which intersected the same main rock unit which hosts IKE and returned encouraging results over 224 m of 0.14% CuEQ1 @ 0.12% Cu, 0.005% Mo and 0.5 g/t Ag from surface (Incl. 50 m of 0.24% CuEQ1 @ 0.18% Cu, 0.012% Mo and 0.8g/t Ag)
 The Mad Major porphyry Cu‐Mo‐Ag system requires a new modern IP survey followed by diamond drill testing
1. Copper equivalent calculations use metal prices of: Cu US$3.00/lb, Mo US$12.00/lb and Ag US$20.00/oz. Metallurgical recoveries and net smelter returns are assumed to be 100%.
46
Mad Major – New Airborne Magnetic Results Show Exciting Discovery Potential
Mad Major Hydrothermal System
G10 – Historical Drill Hole
224 m of 0.14% CuEQ1
@ 0.12% Cu, 0.005% Mo, 0.5 g/t Ag
1. Copper equivalent calculations use metal prices of: Cu US$3.00/lb, Mo US$12.00/lb and Ag US$20.00/oz. Metallurgical recoveries and net smelter returns are assumed to be 100%.
47
Amarc – An Important New Discovery – Value Creation Begins
 A recently completed nine hole (5,400 metre) drill program has discovered a new major bulk tonnage copper‐molybdenum‐silver deposit at IKE in south‐
central British Columbia
 A new, post drilling, induced polarization survey over the IKE discovery and expanded target area confirms important resource expansion potential
 New post drilling geochemical and airborne geophysical surveys over the IKE discovery area also corroborate the potential for “lots more to come”
 Additional mineral claims surrounding IKE have been secured to cover other compelling deposit targets and potential infrastructure options
 Decades of historical, geological, geochemical, geophysical and drill programs throughout the heavily mineralized region are being comprehensively compiled to aid efficient exploration of the district
 Drill and geophysical (IP) program permits will be applied for to move the IKE discovery and region a quantum stage forward in 2015
48
Amarc – Team is Focused on IKE and Fully Committed to Create Value for Shareholders and Stakeholders
Lifecycle of a Mining Share
49
References
A.
Greg Gillstrom P.Eng., Raj Anand, M.Eng. P.Eng., Steve Robertson, P.Geo., “2012 Technical Report on the Red Chris Copper-Gold Project”, February 14,
2012
B.
Scott Jones, P.Eng., “Technical Report on the 344 million tonne Increase in Mineral Reserves at the Prosperity Gold-Copper Project”, December 17, 2009
C.
Imperial Metals Corporation website – http://www.imperialmetals.com/s/Home.asp
D.
Wardrop, “Morrison Copper/Gold Project – Feasibility Study NI 43-101 Technical Report”, March 12, 2009
E.
Thompson Creek Metals Company Inc. website – http://www.thompsoncreekmetals.com
F.
Hassan Ghaffari, P.Eng., Andre De Ruijter, P.Eng., Kenneth Lee, P.Eng., Amir Karami, P.Eng., Ali Farah, P.Eng., Ting Lu, P.Eng., Timothy O. Kuhl, R.M.
SME, Ramon Mendoza Reyes, P.Eng., Warren Newcomen, P.Eng., Ken Brouwer, P.Eng., Chris Lee, P.Eng., Irwin Wislesky, P.Eng., “Ajax Copper/Gold
Project – Kamloops, British Columbia, Feasibility Study Technical Report”, January 6, 2012
G.
Al Chance, P.Eng., Gary Giroux, P.Eng., Peter Holbek, P.Geo., Todd Martin, P.Eng. P.Geo., Donald Murray, P.Eng., Jim O’Rourke, P.Eng., Makram El
Saggah, P.Eng., Ian Thompson, P.Eng., “Technical Report on the Copper Mountain Project, Princeton, British Columbia for Copper Mountain Mining Corp.”,
August 21, 2009
H.
Taseko Mines Limited website – http://www.tasekomines.com/home
I.
Teck Resources Limited, “Annual Information Form”, March 3, 2014. Teck Resources Limited website –
http://www.teck.com/Generic.aspx?PAGE=Teck%20Site/Diversified%20Mining%20Pages/Copper%20Pages/Highland%20Valley%20Copper&portalName=tc
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Contact Information
Investor Relations
15th Floor
1040 West Georgia Street
Vancouver, BC Canada V6E 4H1 Phone: 604‐684‐6365
Fax: 604‐684‐8092
TF: 1‐800‐667‐2114
Email: [email protected] Website: www.amarcresources.com
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Appendices
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New District‐Wide Airborne Magnetic Survey has Outlined a Number of Compelling Targets
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Inter‐Batholithic District Hosts Prolific Mineral Prospects Source: Mineral occurrence from MINFILE Mineral Inventory provided by the BC Geological Survey, regional geology from BC Geological Survey.
54
New District‐Wide Tungsten‐in‐Silt Results Identify Compelling Targets
55
Silver‐in‐Silt Results Indicate Region of Potential Epithermal Ag‐Au Mineralization
?
56
Mad Major – Compelling Historical Copper‐in‐Soil Anomaly OPEN
OPEN
OPEN
1. Copper equivalent calculations use metal prices of: Cu US$3.00/lb, Mo US$12.00/lb and Ag US$20.00/oz. Metallurgical recoveries and net smelter returns are assumed to be 100%.
57