Last C$0.07 CAD
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amarc resources ltd (AHR) Snapshot

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02/3/14 - C$0.12
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12/17/13 - C$0.03
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amarc resources ltd (AHR) Details

Amarc Resources Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for gold, silver, and copper deposits. It primarily focuses on the mineral exploration in central and northern British Columbia at the 60% owned ZNT and Galaxie properties; the 100% owned Silver Vista silver-copper property; the 100% owned Galileo property; and the 100% owned Newton gold discovery. The company was formerly known as Patriot Resources Ltd. and changed its name to Amarc Resources Ltd. in January 1994. Amarc Resources Ltd. was incorporated in 1993 and is headquartered in Vancouver, Canada.

Founded in 1993

amarc resources ltd (AHR) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$124.3K
Chief Financial Officer
Total Annual Compensation: C$106.3K
Executive Vice President
Total Annual Compensation: C$200.0K
Compensation as of Fiscal Year 2013.

amarc resources ltd (AHR) Key Developments

Amarc Resources Ltd. Updates on Blicks Project Drilling

Amarc Resources Ltd. update on Blicks Project drilling. Gold grades intersected over long intervals in core hole TDD-005 at Tyringham West Gold mineralisation in bedrock extended approximately 70 meters north of known mineralization at Tyringham West Gold mineralization intersected within a satellite granodiorite intrusion at Tyringham East Interpretation of results continues to support an intrusion-related gold system exploration model.

Amarc Resources Ltd. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2013

Amarc Resources Ltd. announced unaudited consolidated earnings results for the third quarter and nine months ended December 31, 2013. For the quarter, the company reported loss for the period of CAD 499,667 or CAD 0.00 per basic and diluted share against CAD 1,216,253 or CAD 0.01 per basic and diluted share a year ago. For the nine months period, the company reported loss for the period of CAD 1,943,193 CAD 0.01 per basic and diluted share against 7,387,373 or CAD 0.05 per basic and diluted share a year ago. Net cash used in operating activities was CAD 1,635,367 against CAD 7,639,611 a year ago.

Amarc Resources Announces Option and Joint Venture Agreement with Oxford Resources

Amarc Resources Ltd. announced that it has entered into an Option and Joint Venture Agreement with Oxford Resources Inc. in relation to the Chilcotin Belle property, located in central British Columbia ("BC"). Amarc's management considers the Chilcotin Belle property to be prospective for bulk tonnage, porphyry-style copper-molybdenum-silver mineralization. Under the Chilcotin Belle Agreement, Amarc will acquire an 80% ownership interest in the Property by making cash payments totaling $125,000, issuing 300,000 shares and by completing approximately $1.86 million in exploration expenditures on or before November 30, 2015. The mineral claims are subject to an underlying 2% net smelter returns royalty, which can be acquired by Amarc for $4 million. Upon exercise of the option by Amarc, the two parties will form an 80:20 joint venture to further develop the project.


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