Amarc Resources Ltd. · TSXV:AHR

Amarc Resources — Investor Presentation (March 2021)

28 slides from Amarc Resources's investor presentation, March 2021

  1. Slide 1: Powering the Future: Developing High Value Copper-Gold Assets

    POWERING THE FUTURE Developing High Value Copper-Gold Assets DUKE DISTRICT TSXV: OTCBB: March 2021 1

  2. Slide 2: Cautionary and Forward-Looking Statement Information

    Cautionary and Forward-Looking Statement Information This presentation includes certain statements that may be deemed "forward-looking statements". All such statements, other than statements of historical facts that address exploration drilling, exploitation activities and other related events or de

  3. Slide 3: British Columbia premier jurisdiction for copper-gold deposits

     British Columbia (BC) is North America’s premier jurisdiction for long life, high value copper-gold deposits (KSM, Red Chris, Galore, Kemess, Bell, Copper Mountain etc.) targeted by financial markets and senior producers  Amarc has assembled a 100% interest in 3 expansive porphyry copper-gold dis

  4. Slide 4: BC North America's Heartland for Copper-Gold Porphyry Deposits

    BC North America’s Heartland for Copper-Gold Porphyry Deposits JOY “@ Kemess North/East& Kemess South Fort St. John0, Legend Operating M Projects Depleted Mines —— Highway eee A — 300 Kilometres Amarc Owns a 100% Interest in the IKE, DUKE and JOY Projects Which Host 4 Multiple Porphyry Cu (+ Au, Ag,

  5. Slide 5: 224 MT (P+P) D 0.33% Cu, 0.16 g/t Au 257 MT (M+I) P

    224 MT (P+P) D 0.33% Cu, 0.16 g/t Au 257 MT (M+I) P 0.40% Cu, 0.20 g/t Au 30 Kilometres 5

  6. Slide 6: Location of Central BC Porphyry Deposits

    Location of Central BC Porphyry Deposits Babine Porphyry Deposits 6

  7. Slide 7: Extensive Mineral Tenures Capture 704 Km2 Babine Porphyry Cu-Au Belt

    Extensive Mineral Tenures Capture 704 Km2 Babine Porphyry Cu-Au Belt DUKE Mineral Property Nak DUKE Morrison D 208 Mt (M+I) 0.39% Cu; 0.19 g/t Au Hearne Bell P 257 Mt (M+I) 0.40% Cu; 0.20 g/t Au Past Producer Granisle P 73 Mt 0.30% Cu; 0.10 g/t Au 10 Kilometres Past Producer 7

  8. Slide 8: Looking NE Over IP Anomaly With Historical & Amarc Drill Holes

    Looking NE Over IP Anomaly With Historical (Shallow) & Amarc (Deep) Drill Holes 1 Kilometre 6 7 3 1 2 8 4 5 1971 Drilling Area Legend Amarc Drill Hole 1971 Drill Hole 8 IP Chargeability 20 mV/V

  9. Slide 9: Historical Magnetic & IP Survey Results Outline DUKE Deposit Target

    Historical Magnetic & IP Survey Results Outline DUKE Deposit Target IP Chargeability Anomaly A A’ 1 Kilometre 9

  10. Slide 10: IP Chargeability Anomaly Indicates a Significant Mineralized System

    IP Chargeability Anomaly Indicates a Significant Mineralized System DUKE Offset Target Confirmed Mineralized IP Chargeability Anomaly A A’ Postulated Fault 1 Kilometre Offsetting Chargeability Anomaly 10 * Pole – Dipole; 100 m depth a = 100 m (most lines).

  11. Slide 11: IP Chargeability Reconstruction Forms Classic Porphyry Copper Deposit Donut

    IP Chargeability Reconstruction Forms Classic Porphyry Copper Deposit “Donut” Bell Cu in % Granisle 1971 Drilling Area Cu in % 500 Metres 500 Metres 11 Morrison See Morrison Deposit Example

  12. Slide 12: Bell Deposit Comparison Indicates Depth Potential for Targets

    Bell Deposit Comparison Indicates Depth Potential for Targets Bell Deposit Cross Section 12

  13. Slide 13: Amarc Drilling Successfully Defines Depth Potential

    Amarc Drilling Successfully Defines Depth Potential A A’ Surface 360 M 13

  14. Slide 14: Drilling Indicates an Important, New BC Porphyry Copper Discovery

    Drilling Indicates an Important, New BC Porphyry Copper Discovery Drill Hole From (m) To (m) Int. (m)1,2,3 Cu (%) Au (g/t) Ag (g/t) Mo (%) CuEQ (%)5,6 30.5 143.3 112.8 0.29 0.060 1.1 0.012 0.38 70-02 8 73.1 85.3 12.2 0.41 0.091 1.6 0.010 0.50 21.3 164.6 143.3 0.26 0.068 1.7 0.016 0.37 70-10 8 Incl.

  15. Slide 15: Drilling Indicates an Important, New BC Porphyry Copper Discovery

    Drilling Indicates an Important, New BC Porphyry Copper Discovery Drill Hole From (m) To (m) Int. (m)1,2,3 Cu (%) Au (g/t) Ag (g/t) Mo (%) CuEQ (%)5,6 13.5 89.9 76.4 0.23 0.042 1.1 0.012 0.30 98.9 246.0 147.1 0.27 0.046 1.1 0.028 0.40 DK18005 Incl. 125.0 137.0 12.0 0.32 0.072 1.1 0.037 0.51 Incl. 21

  16. Slide 16: Extensive Government Regional Geochemical Sampling of Till, Silt & Lake Sediments

    Extensive Government Regional Geochemical Sampling of Till, Silt & Lake Sediments Trail Nak DUKE Wolf Discovery Morrison Hearne Bell Granisle 10 Kilometres 16

  17. Slide 17: Analyses of Government Data Identifies Multiple New Porphyry Cu-Au Targets

    Analyses of Government Data Identifies Multiple New Porphyry Cu-Au Targets Trail Nak DUKE Wolf Morrison Hearne Calculated dispersion train length ~3.5 km Compelling multi-element anomalies discovered with high contrast to background Bell Granisle 10 Kilometres 17

  18. Slide 18: Analyses of Government Aerogravity Defines Structural Control on Deposits

    Analyses of Government Aerogravity Defines Structural Control on Deposits Trail Mineralizatio n ALL on Unexplored same 1VD Western Flank Gravity Flank Nak DUKE Morrison Hearne Mineralization ALL Bell on same 1VD Gravity Flank Granisle 10 Kilometres 18

  19. Slide 19: Sixteen Compelling Cu-Au Deposit Targets Defined to Prioritize for Drilling

    Sixteen Compelling Cu-Au Deposit Targets Defined to Prioritize for Drilling Trail Nak DUKE Morrison D 208 Mt (M+I) 0.39% Cu; 0.19 g/t Au Hearne Bell P 257 Mt (M+I) 0.40% Cu; 0.20 g/t Au Past Producer Granisle P 73 Mt 10 Kilometres 0.30% Cu; 0.10 g/t Au 19 Past Producer

  20. Slide 20: Comprehensive Porphyry Cu-Au Deposit Target Ranking Matrix

    Comprehensive Porphyry Cu-Au Deposit Target Ranking Matrix Historical BFP Regional Geochem Anomalous IP Magnetic Grain-in-Till Apatite Corundum Gravity Similar Deposit # Name Drilling Outcrop Faults Quality Elements Survey Anomaly (BFP-cpy-bn) in Till in Till Flank Setting DK DUKE    1 Cu±Au-Mo-A

  21. Slide 21: Priority of Work Programs

    Priority of Work Programs A. Delineate DUKE Deposit 1. Complete appropriately spaced grid type core drilling to enable preliminary economic assessment B. Complete Low Cost Surface Exploration Across District 1. Reconnaissance IP surveys over targets using existing roads to confirm the presence of su

  22. Slide 22: Budget for Final Prioritization of Cu-Au Deposit Targets for Drilling

    Budget for Final Prioritization of Cu-Au Deposit Targets for Drilling Target Geology # Type IP Geochemistry Cost Name Mapping 20 line-km 3 days 600 samples, 30 man-days 1 Duke Road $206,000 $140,000 $6,000 $63,000 2 Trail Road 10 line-km 11 days 400 samples, 20 man-days $133,000  Site Operations: $

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  24. Slide 24: An Unparalleled Portfolio of Assets: Positioned for Success

    An Unparalleled Portfolio of Assets: Positioned for Success 24

  25. Slide 25: HDI's Value Vehicle for the 2020s

    HDI’s Value Vehicle for the 2020s  Legacy Projects  Golden Bear Mine  Mt. Milligan Mine  Kemess Mine  Taseko Mines Limited  Gibraltar Mine ● New Prosperity Project ● Aley Project ● Yellowhead Project  Amarc Resources Ltd. ⋆ IKE Project ⋆ DUKE Project ⋆ JOY Project ● Newton Project  Constanti

  26. Slide 26: Reserves & Resources at Select BC Porphyry Copper Mines & Projects

    Reserves & Resources at Select BC Porphyry Copper Mines & Projects Name Category Million Tonnes Cu % Au g/t Mo % Ag g/t Proven 262 0.38 0.29 Red Chris 1,A Probable 25 0.29 0.29 Proven 481 0.26 0.46 New Prosperity B Probable 350 0.18 0.35 Proven 51 0.28 0.30 0.53 Mt. Polley C Probable 23 0.27 0.28 0.

  27. Slide 27: References for BC Porphyry Copper Mines & Projects

    References for BC Porphyry Copper Mines & Projects A. Greg Gillstrom P.Eng., Raj Anand, M.Eng. P.Eng., Steve Robertson, P.Geo., “2012 Technical Report on the Red Chris Copper-Gold Project”, February 14, 2012; Open pit cutoff – $1.50 MVH, Underground cutoff - $16.90 MVH (Mill Head Value) from website

  28. Slide 28: amarcresources.com

    “We operate in a responsible manner so that our activities protect the Health and Safety of our employees and contractors, and of the communities in which we work.” AMARC’S RESPONSIBLE MINERAL DEVELOPMENT POLICY 15th Floor, 1040 W. Georgia Street Vancouver, BC Canada V6E 4H1 President & CEO: Diane N

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