Amarc Resources Ltd.

IKE Project

OVERVIEW

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Amarc's team recognized that the limited historical drilling at IKE indicated the potential for a mineral system with characteristics that are favorable for the development of a viable porphyry copper-molybdenum-silver deposit. From 2014 to 2016, Amarc discovered the IKE deposit by drilling more than 12,000 m in 21 widely-spaced core holes intersecting copper, molybdenum and silver mineralization over a large volume of host rock. This drilling indicates the potential for extensive resource volumes, which remain open to expansion in all lateral directions and to depth. In addition, geophysical surveys at IKE have outlined a significant mineralized system, extending well beyond the area drilled, for additional drill testing.

Extensive regional geophysical, geochemical and geological surveys have identified a number of porphyry copper deposit targets proximal to IKE. Age dating of porphyry mineralization discovered within the IKE district has confirmed at least four separate porphyry mineralizing events, which occurred over an exceptionally long period of 46 million years. These porphyry copper mineralized systems become progressively more gold-bearing moving northward from the IKE deposit, and require drill testing.

Amarc has secured additional mineral claims in the area surrounding IKE to cover potential infrastructure sites as well as other compelling deposit targets.

The IKE Project claims are located 33 km northwest of the historical mining community of Gold Bridge, in southern BC, in proximity to industrial infrastructure, power, rail and highways.