Amarc Receives $1.5 Million For The METC Program

VANCOUVER, BC - Amarc Resources Ltd. Reported that the Company has received $1.5 million in cash from the British Columbia Mining Exploration Tax Credit (METC) program.
The METC initiative was introduced by the BC Government to stimulate new economic activity in the province and includes an enhanced credit for mineral exploration in areas affected by the mountain pine beetle infestation. The pine beetle infestation has affected an area of approximately 13.5 million hectares and has had a significant impact on the Province's forestry industry. Since 2004, Amarc has spent in excess of $20 million on its BC initiative with exploration activities largely focused within the pine beetle affected areas. The objective of Amarc's BC program is to discover the next major metals mine in the Province.
Recent exploration activities by Amarc in the Sitlika Belt of central BC have led to the discovery of a number of new, extensive felsic volcanic centers associated with strongly anomalous copper and zinc signatures, which are highly prospective for the discovery of base metal-rich volcanogenic massive sulphide deposits. The promising Huge South target, located in the northern sector of the Sitlika Belt is defined by an approximately 5 kilometer in length strong copper-in-soil anomaly that remains open and by an initial induced polarization geophysical survey. The Huge South target is to be tested during the 2009 field season.
The companyÕs address is 1020, 800 West Pender Street, Vancouver, BC V6C 2V6, 604-684-6365, fax: 604-684-8092, www.amarcresources.com.