Amarc Resources Ltd. · TSXV:AHR
Amarc Resources — Investor Presentation (March 2021)
47 slides from Amarc Resources's investor presentation, March 2021
Slide 1: Powering the Future: Developing High Value Copper-Gold Assets
POWERING THE FUTURE Developing High Value Copper-Gold Assets IKE DISTRICT TSXV: OTCBB: March 2021
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
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
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. John, @ Projects @ Depleted Mines —— Highway N A Rivne ; ——— = 4 : rend @ OK Cranbrook? . ee 300 Kilometres ’ : ek ae eof =< Amarc Owns a 100% Interest in the IKE, DUKE and JOY Projects Wh
Slide 5: Reserves at BC porphyry deposits comparison
50 MT (INF) O 0.59 g/t Au, 940,000 oz 50 Kilometres Reserves Cu Au Mo Deposit (M Tonnes) (%) (g/t) (%) Gibraltar H 590 0.26 - 0.008 New Prosperity B 831 0.25 0.45 - Valley I 637 0.32 - 0.006 A – I. For information sources, refer to reference page at end of presentation. 5
Slide 6: Acquired a 100% Interest in Claims Over Entire 462 Km2 Mineral District
Acquired a 100% Interest in Claims Over Entire 462 Km2 Mineral District 10 Kilometres 6
Slide 7: Ideal Geological Setting for Discovery of High Value Cu Deposits
Ideal Geological Setting for Discovery of High Value Cu (± Au, Ag, Mo) Deposits Northern Boundary of Coast Plutonic Complex 5 Kilometres 7
Slide 8: Extensive Structural Preparation Indicated by Airborne Magnetic Surveys
Extensive Structural Preparation Indicated by Airborne Magnetic Surveys Tchaikazan Fault Northern Boundary of Coast Plutonic Complex IKE Magnetic Anomaly 5 Kilometres 8
Slide 9: Looking North Across IKE and Empress Deposits
Looking North Across IKE and Empress Deposits Interior Plateau Coast Range Empress East Buzzer Battlement Syndicate Empress Quinn Taylor -Windfall Rowbottom IKE OMG Mewtwo Magnetic Anomaly Mad Major IKE Mineralized Legend System1 IKE Magnetic Anomaly 3.5 Km IKE Mineralized System Amarc Drill Hole De
Slide 10: Assay Results from 26 Drill Holes Indicate Substantial Resource Potential
Assay Results from 26 Drill Holes Indicate Substantial Resource Potential IKE Mineralized System Northwest Northeast Cirque Cirque 1,000 Viewpoint Metres A A’ WEST Southeast EAST Cirque Southwest 1,200 Metres Cirque IKE Magnetic Anomaly 1 Kilometre 10
Slide 11: Looking NE Over IKE Discovery & Higher Grade Cirque Areas
Looking NE Over IKE Discovery & Higher Grade Cirque Areas VIEWPOINT Hole 21 287 m @ 0.37% CuEQ Hole 20 Northwest Cirque 148 m @ 0.52% CuEQ Southwest Cirque Hole 13 592 m @ 0.43% CuEQ 11 * See footnotes on page 15.
Slide 12: Cross Section Looking North Shows Extensive, Continuous Mineralization
Cross Section Looking North Shows Extensive, Continuous Mineralization A Viewpoint A’ 400 Metres 12
Slide 13: Cu & Mo Mineralization Characteristics Indicate Standard Low Cost Processing Likely
Cu & Mo Mineralization Characteristics Indicate Standard Low Cost Processing Likely Chalcopyrite and molybdenite are disseminated with lesser amounts associated with fractures and veins Chalcopyrite Chalcopyrite and molybdenite Chalcopyrite are moderately coarse grained indicating potential for
Slide 14: Drilling Indicates an Important, New BC Porphyry Copper Deposit
Drilling Indicates an Important, New BC Porphyry Copper Deposit Drill Hole From (m) To (m) Int. (m)1,2,3 Cu (%) Au (g/t)4 Ag (g/t) Mo (%) CuEQ (%)5,6 269.4 325.4 56.0 0.31 - 1.6 0.064 0.55 339.1 426.2 87.1 0.36 - 0.7 0.054 0.56 IK14005 Incl. 347.7 378.6 30.9 0.47 - 1.2 0.052 0.67 437.6 554.6 117.0 0
Slide 15: Drilling Indicates an Important, New BC Porphyry Copper Deposit
Drilling Indicates an Important, New BC Porphyry Copper Deposit Drill Hole From (m) To (m) Int. (m)1,2,3 Cu (%) Au (g/t)4 Ag (g/t) Mo (%) CuEQ (%)5,6 111.0 156.0 45.0 0.25 - 1.7 0.015 0.31 314.5 381.9 67.4 0.35 - 2.8 0.023 0.45 Incl. 366.0 381.9 15.9 0.45 - 3.5 0.044 0.64 IK16020 395.8 456.0 60.2 0.
Slide 16: Modelled IP Sections Indicate an Extensive Mineralized System
Modelled IP Sections Indicate an Extensive Mineralized System Ridge Line Viewpoint A A’ WEST EAST OPEN 1 Kilometre SOUTH 16
Slide 17: Planned Three Phase Drill Program to Delineate Deposit & Establish Resources
Planned Three Phase Drill Program to Delineate Deposit & Establish Resources Northwest Cirque A A’ Southwest Cirque IKE IKE Magnetic Mineralized Anomaly System 500 Metres 17
Slide 18: Three Phase Drill Program Budget Required For Deposit Delineation
Three Phase Drill Program Budget Required For Deposit Delineation Budget For Phased Drill Program Core Drilling Average Total Drill Phase Holes All Inclusive Objectives Length (m) Metres Cost $450/m1 Definition of higher grade Phase 1 9 780 7,018 3.2 M centres in Northwest and (Red Holes) Southwest
Slide 19: Talus Fines Sampling Results Indicate Additional Mineralized Centres
Talus Fines Sampling Results Indicate Additional Mineralized Centres 19
Slide 20: Talus Fines Analyses – Copper
Talus Fines Analyses – Copper Empress East Battlement Empress Taylor-Windfall Claim Outline Syndicate Buzzer Row bottom Quinn OMG Mewtwo IKE Mad Major Claim Outline 20
Slide 21: Talus Fines Analyses – Gold
Talus Fines Analyses – Gold Empress East Battlement Empress Taylor-Windfall Claim Outline Syndicate Buzzer Row bottom OMG GOLD INCREASES Quinn Mewtwo IKE Mad Major Claim Outline 21
Slide 22: Silver-in-Silt Results Indicate Unexplored Region of Epithermal Ag-Au Mineralization
Silver-in-Silt Results Indicate Unexplored Region of Epithermal Ag-Au Mineralization Empress East Empress ? IKE 5 Kilometres 22
Slide 23: Leveraged Historical IP & Drilling to Delineate Important Scale Drill Targets
Leveraged Historical IP & Drilling to Delineate Important Scale Drill Targets Empress East Battlement Empress Taylor-Windfall Claim Outline Syndicate Buzzer Row bottom A 4 Kilometres Quinn OMG Mewtwo IKE Mad Major Claim B Outline 2017 Drill Hole Results Hole# From (m) To (m) Int. (m) Cu (%) Mo (%) A
Slide 24: Extensive Historical Exploration Indicates Gold Enriched Deposit Targets
Extensive Historical Exploration Indicates Gold Enriched Deposit Targets Northern Boundary of Coast Plutonic Complex 3 Kilometres 24
Slide 25: Extensive Historical Exploration Data Indicates Compelling Cu-Au Deposit Targets
Extensive Historical Exploration Data Indicates Compelling Cu-Au Deposit Targets Empress West Empress Gap Northern Boundary of Coast Plutonic Complex Empress East Empress Main 1 Kilometre 25
Slide 26: Higher Grade Copper & Gold Drill Intersections Open to Significant Expansion
Higher Grade Copper & Gold Drill Intersections Open to Significant Expansion Drill Hole From (m) To (m) Int. (m)1,2,3 Cu (%) Au (g/t) Ag (g/t)4 Mo (%)4 CuEQ (%)5,6 51.2 114.9 63.7 0.37 0.492 0.1 - 0.64 Incl. 60.4 72.4 12.0 0.51 0.442 - - 0.76 Incl. 103.0 114.9 11.9 0.75 0.721 0.4 - 1.15 76-2 139.6 1
Slide 27: Higher Grade Copper & Gold Drill Intersections Open to Significant Expansion
Higher Grade Copper & Gold Drill Intersections Open to Significant Expansion Drill Hole From (m) To (m) Int. (m)1,2,3 Cu (%) Au (g/t) Ag (g/t) Mo (%) CuEQ (%)5,6 9.1 115.5 106.4 0.35 0.359 1.5 0.003 0.56 89-8 Incl. 78.0 99.6 21.6 0.69 0.913 2.8 0.003 1.21 107.6 113.4 5.8 0.55 0.446 1.6 0.010 0.84 90
Slide 28: North-South Cross Section Through the Empress Main Zone Looking West
North-South Cross Section Through the Empress Main Zone Looking West Volcanics Coast Plutonic Complex 1 Kilometre 28
Slide 29: Lateral Higher Grade Drill Intercepts Indicate Significant Expansion Potential
Lateral Higher Grade Drill Intercepts Indicate Significant Expansion Potential Volcanics Coast Plutonic Complex 500 Metres 29
Slide 30: Lateral Higher Grade Drill Intercepts Indicate Significant Expansion Potential
Lateral Higher Grade Drill Intercepts Indicate Significant Expansion Potential Deposit Target Drill Hole From (m) To (m) Int. (m)1,2,3 Cu (%) Au (g/t)4 Ag (g/t)4 Mo (%)4 CuEQ (%)5,6 9.8 37.8 28.0 0.34 0.543 1.2 0.002 0.66 91-39 107.6 147.5 39.9 0.40 0.332 0.8 0.004 0.60 EMPRESS Incl. 141.4 147.5 6.1
Slide 31: Lateral Higher Grade Drill Intercepts Indicate Significant Expansion Potential
Lateral Higher Grade Drill Intercepts Indicate Significant Expansion Potential Deposit Target Drill Hole From (m) To (m) Int. (m)1,2,3 Cu (%) Au (g/t)4 Ag (g/t)4 Mo (%)4 CuEQ (%)5,6 08TSK-09 47.3 90.8 43.5 0.17 0.066 0.5 0.039 0.35 SYNDICATE 77.0 95.0 18.0 0.36 0.160 2.5 0.025 0.56 08TSK-11 183.5 20
Slide 32: Extensive Historical Au Soil Geochemical Anomalies
Extensive Historical Au Soil Geochemical Anomalies Empress West Empress Gap Northern Boundary of Empress East Coast Plutonic Complex Empress Main 1 Kilometre 32
Slide 33: Extensive Strong Historical IP Chargeability Indicates Substantial Sulphide Mineralization
Extensive Strong Historical IP Chargeability Indicates Substantial Sulphide Mineralization Empress West Empress Gap Taylor-Windfall Granite Bur Buzzer Northern Boundary of Empress East Coast Plutonic Complex Empress Main Quinn Syndicate 1 Kilometre 33
Slide 34: Airborne Magnetic Surveys Help Define Deposit Targets
Airborne Magnetic Surveys Help Define Deposit Targets B’ C’ Section 72000E Section 73200E Empress West Empress Gap A A’ Section 61700N Northern Boundary of Coast Plutonic Complex Empress East Empress Main 1 Kilometre B C 34
Slide 35: West–East Long Section 61700N Looking North
West–East Long Section 61700N Looking North West East Empress Main Buzzer Empress West Empress East Surface ? 2 Kilometres 35
Slide 36: North-South Cross Section 72000E Looking West Across Empress Main
North-South Cross Section 72000E Looking West Across Empress Main South North Empress Main Surface 1 Kilometre 36
Slide 37: North-South Cross Section 73200E Looking West Across Empress East
North-South Cross Section 73200E Looking West Across Empress East South Surface North Empress East 1 Kilometre 37
Slide 38: Planned Mapping & IP Surveys Will Ready Targets For Drilling
Planned Mapping & IP Surveys Will Ready Targets For Drilling Empress West Empress Gap Norwest Mapping + IP Empress East Empress Main Spokane-Syndicate Mapping Northern Boundary of Coast Plutonic Complex 2 Kilometres 38
Slide 39: Budget For Planned Surface Surveys & Relogging Of Historical Drill Core
Budget For Planned Surface Surveys & Relogging Of Historical Drill Core Surface Surveys and Relogging Program Plans Relogging of IP Survey IP Cost Geological Mapping Historical Drill Core Line Km ($10,000/Line Km) & Analyses & Analyses Empress East, Main & West 23 230,000 Norwest 12 120,000 Norwest,
Slide 40: Two-Stage Drill Program Planned to Delineate Copper-Gold Resources
Two-Stage Drill Program Planned to Delineate Copper-Gold Resources Empress West Empress Gap Taylor-Windfall Granite Bur Buzzer Northern Boundary of Coast Plutonic Complex Empress East Empress Main Quinn Syndicate 1 Kilometre 40
Slide 41: Budget for Planned Two Stage Drill Program
Budget for Planned Two Stage Drill Program Two Stage Drill Program Plans Core Drilling Average Total Drill Stage Holes All Inclusive Objectives Length (m) Metres Cost $450/m1 Stage 1 Resources step-out & expansion into Empress Main/East 13 222 2,880 1,296,000 Empress Gap & Granite Zones from Empress
Slide 42: VA VAM \
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Slide 43: An Unparalleled Portfolio of Assets: Positioned for Success
An Unparalleled Portfolio of Assets: Positioned for Success 43
Slide 44: 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
Slide 45: 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.
Slide 46: 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
Slide 47: 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