Amarc Resources Ltd 6-K, filed Apr 19, 2021
Amarc Resources Ltd (AXREF)
6-K
2021-04-19
For: 2021-04-19
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April 07, 2026
About this 6-K
Amarc Resources Ltd filed this 6-K on April 19, 2021.
UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR
15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
As at
April 19,
2021
Commission
File Number: 000-49869
AMARC RESOURCES LTD.
(Translation
of registrant's name into English)
15th Floor
– 1040 W. Georgia Street
Vancouver, British Columbia
Canada V6E 4H1
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.
[X]
Form 20-F [ ] Form 40-F
Indicate
by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule 101(b)(1):
[ ]
Indicate
by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule 101(b)(7):
[ ]
SUBMITTED HEREWITH
Exhibits
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Press Release dated April 19, 2021 | Amarc
Signs Exploration Agreement with Lake Babine
Nation
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SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
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Amarc
Resources Ltd.
(Registrant)
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Date: April 19,
2021
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By:
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/s/ Trevor
Thomas
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Trevor
Thomas
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Secretary
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Exhibit
99.1
AMARC SIGNS EXPLORATION AGREEMENT WITH LAKE BABINE
NATION
April 19, 2021, Vancouver, BC – Amarc Resources Ltd.
("Amarc" or the "Company") (TSX-V: AHR; OTCBB: AXREF) is pleased to
announce it has entered into an Exploration Agreement (the
“Agreement”) with Lake Babine First Nation (the
“Lake Babine”) of Burns Lake, British Columbia
(“BC”). The Agreement will guide ongoing interactions
between Amarc and the Lake Babine with respect to the DUKE Cu-Au
District.
The
Lake Babine’s traditional territory includes Amarc’s
DUKE Cu-Au Project, located 80 km northeast of Smithers in central
BC. The Agreement was negotiated by Amarc and Lake Babine
representatives over the past several months to define how
respectful and productive engagement between the parties should
proceed, as well as an approach for cooperative planning and
achieving mutual benefit.
“We’ve
enjoyed a positive and productive relationship with the elected
leadership of the Lake Babine First Nation, as well as their
communities and members, for a number of years as our exploration
activities at DUKE have advanced,” said Dr. Diane Nicolson,
Amarc President & CEO.
“We’re
thrilled to announce today a formal agreement that will guide how
respectful engagement and cooperation will proceed in the future,
and how benefits will be shared. It’s an important step, and
we extend our thanks to the Lake Babine for sharing their vision
for economic and social development in their territory, and for the
consistency and goodwill of their leadership.”
Lake
Babine Chief Gordon Alec said the Agreement signed with Amarc is
consistent with his Nation’s pursuit of a healthy,
traditional and prosperous future for its members, through good
governance and responsible management of its
territories.
“We
welcome investment in responsible resource development in our
territory so long as it is pursued with honesty and respect and in
a way that creates meaningful opportunities for our people,”
Chief Alec said.
“This
Exploration Agreement is not an end point but a starting point for
our relationship with Amarc. It ensures that the protocols and
commitments are in place now to develop a mutually beneficial
relationship and a partnership for the future.”
The
DUKE Cu-Au District comprises 704 km2 of provincial
mineral claims, in which the Company holds a 100% interest. The
Project includes the DUKE porphyry Cu deposit and a series of new
and compelling porphyry Cu style exploration targets. The Company
has synthesized valuable public and historical exploration data
from across the DUKE tenure with its own geological information,
collected using modern surface and subsurface mineral exploration
techniques and analysis, to define the district-wide Cu-Au
potential of the DUKE Project.
Amarc
has drilling and ground geophysical survey permits in place to
conduct further exploration work at DUKE in 2021. The Company uses
the well-developed transportation and power infrastructure in the
Babine Region to support its field crews undertaking exploration
activities.
Amarc
is currently planning both an expanded drill program at the DUKE
deposit with the goal of establishing a mineral resource to provide
the basis to commence preliminary engineering and economic studies,
and ground exploration surveys to advance the high potential Cu-Au
exploration targets within the District. More information about the DUKE
District can be found at https://amarcresources.com/projects/duke-project/highlights/.
About Lake Babine First Nation
Lake
Babine Nation (LBN) is the third largest First Nation in British
Columbia with over 2,700 members. LBN members are Nadut’en
speaking people. LBN is home to five communities of Old Fort,
Donald’s Landing, Fort Babine, Tachet and Woyenne and has 27
reserves. LBN’s administrative centre of Woyenne is located
in Burns Lake BC, 228 km north of Prince George.
About Amarc Resources Ltd.
Amarc
is a mineral exploration and development company with an
experienced and successful management team focused on developing a
new generation of long-life, high-value BC porphyry copper-gold
mines. By combining high-demand projects with successful
management, Amarc has created a solid platform to create value from
its exploration and development-stage assets.
Amarc
is advancing the 100%-owned IKE, DUKE and JOY porphyry
copper±gold deposit projects located in different prolific
porphyry districts in southern, central and northern BC,
respectively. Importantly, each of the three projects is located in
proximity to industrial infrastructure – including power,
highways and rail. These projects represent significant potential
for the development of multiple and important-scale, porphyry
copper±gold deposits.
Amarc
is associated with HDI, a diversified, global mining company with a
30-year history of porphyry discovery and development success.
Previous and current HDI projects include some of BC’s and
the world’s most important porphyry deposits – such as
Pebble, Mount Milligan, Kemess South, Kemess North, Gibraltar,
Prosperity, Xietongmen, Newtongmen, Florence, Casino, Sisson,
Maggie, IKE and Pine. From its head office in Vancouver, Canada,
HDI applies its unique strengths and capabilities to acquire,
develop, operate and monetize mineral projects.
Amarc
works closely with local governments, indigenous groups and other
stakeholders in order to advance its mineral projects responsibly,
and to do so in a manner that contributes to sustainable community
and economic development. We pursue early and meaningful engagement
to ensure our mineral exploration and development activities are
well coordinated and broadly supported, address local priorities
and concerns, and optimize opportunities for collaboration. In
particular, we seek to establish mutually beneficial partnerships
with indigenous groups within whose traditional territories its
projects are located, through the provision of jobs, training
programs, contract opportunities, capacity funding agreements and
sponsorship of community events. All Amarc’s work programs
are carefully planned to achieve high levels of environmental and
social performance.
Qualified Person as Defined Under National Instrument
43-101
Mark Rebagliati, P. Eng., a Qualified Person as defined under
National Instrument 43-101, has reviewed and approved the technical
content in this release.
For
further details on Amarc Resources Ltd., please visit the
Company’s website at www.amarcresources.com or
contact Dr. Diane Nicolson, President and CEO, at (604) 684-6365 or
within North America at 1-800-667-2114.
ON
BEHALF OF THE BOARD
Dr.
Diane Nicolson
President
and CEO
Neither
the TSX Venture Exchange nor any other regulatory authority accepts
responsibility for the adequacy or accuracy of this
release.
Forward Looking and other Cautionary Information
This
news release 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 developments
are forward-looking statements. Although the Company believes the
expectations expressed in such forward-looking statements are based
on reasonable assumptions, such statements are not guarantees of
future performance and actual results or developments may differ
materially from those in the forward-looking statements.
Assumptions used by the Company to develop forward-looking
statements include the following: Amarc's projects will obtain all
required environmental and other permits and all land use and other
licenses, studies and exploration of Amarc's projects will continue
to be positive, and no geological or technical problems will occur.
Factors that could cause actual results to differ materially from
those in forward-looking statements include market prices,
potential environmental issues or liabilities associated with
exploration, development and mining activities, exploitation and
exploration successes, continuity of mineralization, uncertainties
related to the ability to obtain necessary permits, licenses and
tenure and delays due to third party opposition, changes in and the
effect of government policies regarding mining and natural resource
exploration and exploitation, exploration and development of
properties located within Aboriginal groups asserted territories
may affect or be perceived to affect asserted aboriginal rights and
title, which may cause permitting delays or opposition by
Aboriginal groups, continued availability of capital and financing,
and general economic, market or business conditions, as well as
risks relating to the uncertainties with respect to the effects of
COVID-19. Investors are cautioned that any such statements are not
guarantees of future performance and actual results or developments
may differ materially from those projected in the forward-looking
statements. For more information on Amarc Resources Ltd., investors
should review Amarc's annual Form 20-F filing with the United
States Securities and Exchange Commission at www.sec.gov and its
home jurisdiction filings that are available at www.sedar.com.