Amarc Resources Ltd.

Summary:

• Amarc Resources Ltd. (“Amarc”), led by a management team with a history of successful discovery and transaction, is focused on exploring and developing the next generation of long-life, high-value copper-gold (“Cu-Au”) porphyry districts in BC.  Its 100%-owned JOY, DUKE and IKE Districts host four porphyry copper deposits and multiple porphyry copper-gold deposit targets.  Significant catalysts and multiple wealth creation transaction opportunities exist at the corporate, district or deposit level within each District. Amarc’s activities at the JOY and DUKE Districts are backed by Freeport-McMoRan and the Boliden Group, respectively, providing access to up to $200M of staged non-dilutive funding. Amarc is operator.  Amarc intends to solo fund drilling at the higher-grade Empress Deposit at its IKE District. In early 2024, Amarc commenced a minimum of $17M in extensive drilling planned for this year.