VANCOUVER, Jan. 29, 2013 /CNW/ - Amarc Resources Ltd. ("Amarc") (TSX-V: AHR; OTCBB: AHR) is pleased to provide an update on results from exploration programs at the ZNT and Silver Vista silver properties, located near Smithers, in central British Columbia ("BC"). Initial surface exploration at ZNT and Silver Vista has delineated extensive silver and multi-element soil anomalies. These compelling targets are ready for drill testing and permits have now been received from government for both projects. Both ZNT and Silver Vista are considered by management to hold significant potential for the discovery of important bulk tonnage-style silver + base metal deposits.
"Initial results received from comprehensive field surveys at ZNT and Silver Vista are very encouraging," confirmed Amarc Chairman Bob Dickinson. "The technical team has discovered large scale, high-quality silver targets in new and underexplored areas. We intend to drill these exciting targets in 2013."
By option agreement announced November 7, 2012, Amarc is acquiring up to a 50% interest in ZNT from Quartz Mountain Resources Ltd. ("Quartz Mountain") which is the operator. The 389 square kilometre ZNT property was staked by Quartz Mountain on the basis of significant zinc concentrations in regional till samples as reported by Geoscience BC. In late 2012, approximately 2,400 grid soil geochemical samples and 20 line kilometres of Induced Polarization (IP) ground geophysical survey were completed. These initial exploration activities defined a new and unusually strong silver and multi-element-in-soils anomaly measuring 1.8 kilometres by 1.2 kilometres, within a more extensive and open ended anomalous trend (see maps at http://www.amarcresources.com/
Silver Vista Project
At the 100%-owned Silver Vista property, results from comprehensive geochemical surveys over the MR Zone have defined a strong silver with copper-in-soils anomaly, which now extends over an area of approximately 1.2 km by 1.4 km (see maps at http://www.amarcresources.com/
SOURCE Amarc Resources Ltd.