Amarc Resources Ltd.
TSX VENTURE : AHR
OTC Bulletin Board : AXREF

Amarc Resources Ltd.

February 27, 2008 12:59 ET

Amarc Appoints Vice President Corporate Development

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 27, 2008) - Amarc Resources Ltd. ("Amarc" or the "Company") (TSX VENTURE:AHR)(OTCBB:AXREF) announces that Dr. Diane Nicolson has been appointed Vice President, Corporate Development for the Company. Effective immediately, Dr. Nicolson will be responsible for management, strategic planning and new project development for Amarc, working along side Company Chairman, Robert Dickinson.

Diane Nicolson has a B.Sc. degree in geology from the University of London, a PhD in economic geology from the University of Wales and 20 years' international experience in the exploration and mining industry. She has worked for both major and junior companies, including Rio Tinto, Minera Antamina, Noranda and Cambior. Over the past 10 years, she has been involved primarily with business development and new project assessment and acquisition, with a particular focus on Latin America where she was based for 13 years. Dr. Nicolson joined Hunter Dickinson in 2007 as a member of the global business development team; her broad international experience has significantly assisted the advancement of the company's efforts.

Amarc has engaged a capable and experienced exploration team that is generating new projects through grassroots exploration as well as reviewing a variety of new mid-stage to advanced opportunities located in British Columbia. In addition, Amarc has an evaluations team searching globally for a suitable major asset or project. The objective is to discover or acquire a significant new mineral project to explore and develop.

Through its grassroots exploration activities in north-central British Columbia during the 2007 field season, Amarc has identified a number of promising zinc and copper anomalies within the prospective Bodine belt of rocks. Two of these anomalies are of particular interest and the Company is currently completing planning and permit applications for follow up exploration programs that are due to commence in the spring. The programs are designed to define and assess whether the targets may develop into significant zinc and copper deposits.

The technical information in this news release was prepared under the supervision of Diane Nicolson, AIG, a qualified person under National Instrument 43-101.

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

Ronald W. Thiessen, President & CEO

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 estimated resource quantities, grades and contained metals, possible future mining, exploration and development activities, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements should not be in any way construed as 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 for metals, the conclusions of detailed feasibility and technical analyses, lower than expected grades and quantities of resources, mining rates and recovery rates and the lack of availability of necessary capital, which may not be available to the Company on terms acceptable to it or at all. The Company is subject to the specific risks inherent in the mining business as well as general economic and business conditions. For more information on the Company, Investors should review the Company's annual Form 20-F filing with the United States Securities and Exchange Commission and its home jurisdiction filings that are available at www.sedar.com.

Neither the TSX Venture Exchange nor any other regulatory authority accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Amarc Resources Ltd.
    Shawn Wallace
    Investor Services
    (604) 684-6365 or 1-800-667-2114 (Within North America)
    (604) 684-8092 (FAX)
    Website: www.amarcresources.com