Amarc Resources Ltd.

Amarc Resources Ltd.

March 21, 2005 09:30 ET

Amarc Drilling Encounters Strong Silver Values at Massive Sulphide Target in Central British Columbia


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: AMARC RESOURCES LTD.

TSX VENTURE SYMBOL: AHR
OTC Bulletin Board SYMBOL: AXREF

MARCH 21, 2005 - 09:30 ET

Amarc Drilling Encounters Strong Silver Values at
Massive Sulphide Target in Central British Columbia

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 21, 2005) - Amarc
Resources Ltd. (TSX VENTURE:AHR)(OTCBB:AXREF)

Ronald W. Thiessen, President and CEO of Amarc Resources Ltd. 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
--------------------------------------------------------------------
Inter-
Drill From To cept Inter-
Hole (met- (met- (met- cept Ag Au Cu Pb Zn
Numbers res) res) res) (feet) g/t g/t % % %
--------------------------------------------------------------------
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

Ronald W. Thiessen, President and 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, 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.


-30-

Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Amarc Resources Ltd.
    Shawn Wallace
    Investor Services
    (604) 684-6365 or North America Toll Free: 1-800-667-2114
    (604) 684-8092 (FAX)
    www.amarcresources.com
    Neither the TSX Venture Exchange nor any other regulatory authority
    accepts responsibility for the adequacy or accuracy of this release.