Significant 2025 Drill Program Joy District Planned

VANCOUVER - Amarc Resources Ltd. announced that planning in collaboration with Freeport-McMoRan Mineral Properties Canada Inc., ahead of a significant 2025 drill program, is well advanced. Drilling is planned to be focused at the Company's new, high grade, gold-rich porphyry copper-gold-silver (Cu-Au-Ag) AuRORA Deposit, the PINE Deposit and the Twins and Canyon Discoveries as well as several high potential and drill-ready Cu-Au Deposit Targets across the JOY District in north-central British Columbia (BC). Comprehensive exploration of the JOY District is indicating high potential for the development of a major Cu-Au district, hosting multiple important scale deposits.

The impressive AuRORA Deposit Discovery is located within the expansive approximately 4 km 2 Northwest Gossan (NWG) Target, an area within the 495 km 2 JOY District that had not previously been drill tested; much of the NWG Target remains unexplored. AuRORA is characterized by its high grades, near-surface location and excellent lateral and vertical continuity. Importantly, AuRORA remains open to further expansion.

Following completion of discovery hole JP24057, Amarc began systematically stepping out, drilling with three core rigs along six 100 m spaced sections to start outlining the exciting AuRORA Cu-Au-Ag discovery, and confirm its high grade potential.

The grade range encountered so far in AuRORA drill intersections is higher than that mined historically by Northgate Mineral Corp. at the Kemess South deposit (218 MT at 0.63 g/t Au and 0.21% Cu[1]) in the Kemess Mining District located immediately to the south of the JOY mineral claims.