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Amarc Resources Ltd.

FOCUSED ON DEVELOPING A NEW GENERATION OF BRITISH COLUMBIA COPPER MINES IKE – DUKE – JOY

SHORT March 2018

Cautionary and Forward-Looking Statement Information

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This presentation includes certain statements that may be deemed "forward-looking statements". All such statements,

• ther than statements of historical facts that address exploration drilling, exploitation activities and other related

events or developments are forward-looking statements. Although Amarc Resources Ltd. (“Amarc”) 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 Amarc 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, the 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. 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 investors should review the Company'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. Technical information contained in this presentation has been reviewed and approved by Mark Rebagliati, P.Eng., a Qualified Person who is not independent of Amarc.

Amarc – Low Market Capitalization

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Listed TSXV: AHR OTCBB: AXREF 169 million ~19% $2 million Shares Issued Management Owns Working Capital

An HDI Company

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Combining Strong Projects & Financing with Successful Management Has Created a Solid Platform to Build Value

Amarc – Focused on Developing a New Generation

• f BC Copper Mines
• Amarc, an HDI operated company, has assembled a 100% interest in extensive mineral

property holdings in 3 porphyry copper districts in BC

• Each of these projects – IKE, DUKE, JOY - has the capability for multiple discoveries of

important copper+gold+molybdenum+silver deposits

• Strong funding agreements have been negotiated with Hudbay to efficiently advance IKE

and JOY with Amarc operating the technical programs

• Amarc has worked hard to engage and consult with First Nations in each Project region
• Government permits have been awarded for surface surveys and drilling
• Amarc mobilized drills and crews to IKE, JOY and DUKE for 2017 field programs
• The 2017 programs at IKE and JOY, funded by Hudbay, cost $3.3 million and $1.9 million,

respectively, and included geophysical, geochemical and geological surveys with drilling; a $400,000 drill program funded by Amarc was completed at DUKE

• This year Amarc plans to aggressively drill its DUKE discovery; Hudbay is funding $1.5

million of IKE Deposit drilling and $2.0 million of exploration on JOY

• Amarc expects its work to lead to major porphyry copper deposit discoveries as it heads to

its goal of Developing a New Generation of BC Copper Mines

HDI – A Leading Explorer, Developer and Operator in BC

• Legacy Projects
• Golden Bear Mine
• Mt. Milligan Mine
• Kemess Mine
• Taseko Mines Limited
• Gibraltar Mine
• New Prosperity Project
• Aley Project
• Amarc Resources Ltd.

⋆

IKE Project

⋆

DUKE Project

⋆

JOY Project

• Newton Project
• Constantia Resources Ltd.
• Maggie Project

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Amarc is Focused on Successful Development of IKE, DUKE and JOY

Hunter Dickinson Inc. has been successfully exploring, developing and operating mines in BC for over 30 years

Amarc Owns a 100% Interest in the IKE, DUKE and JOY Projects Which Host Multiple Porphyry Cu (± Au, Mo, Ag) Deposit Targets

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BC – A Mining Industry Tradition of Porphyry Copper Mines and Projects

BC – Copper Producers Mine Copper Equivalent Grades Ranging from 0.29% – 0.55%

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• 1. Copper equivalent (CuEQ) calculated using Cu US$3.00/lb, Au US$1,300/oz, Mo US$12/lb & Ag US$18/oz. Metallurgical recoveries and net smelter returns are

assumed to be 100%.

• 2. Resources estimated at 0.20% copper cutoff. Resources include Measured and Indicated only.

A – I. For information sources refer to reference page at end of presentation.

RESOURCES AND RESERVES AT SELECTED BC PORPHYRY COPPER MINES AND PROJECTS Name Million Tonnes Cu % Mo % Au g/t Ag g/t CuEQ1 % Red Chris2, A 1,220 0.33

• 0.33

1.1 0.55 New ProsperityB 831 0.23

• 0.41
• 0.49
• Mt. PolleyC

247 0.27

• 0.26

0.7 0.44 MorrisonD 267 0.35 0.005 0.17

• 0.48
• Mt. MilliganE

496 0.19

• 0.36
• 0.42

Ajax2, F 512 0.31

• 0.19
• 0.43

Copper MountainG 233 0.36

• 0.09

1.3 0.43 Gibraltar H 700 0.26 0.008

• 0.29

HuckleberryC 40 0.34 0.01

• 0.38

ValleyI 550 0.29 0.008

• 0.32

IKE – South-Central BC Location and Infrastructure

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50 Kilometres

Deposit Reserves (M Tonnes) Cu (%) Mo (%) Au (g/t) CuEQ1 (%) GibraltarH 700 0.26 0.008

• 0.29

New ProsperityB 831 0.23

• 0.41

0.49 ValleyI 550 0.29 0.008

• 0.32

1 . CuEQ calculations use metal prices: Cu US$3.00/lb, Mo US$12/lb and Au US$1,300/oz. Metallurgical recoveries and net smelter returns are assumed to be 100%.

111 MT (INF) O 0.44 g/t Au, 1.5 million oz

IKE – Looking Northerly at IKE Deposit

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IKE Deposit Mad Major

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IKE – Amarc Has Acquired a 100% Interest in Claims Over the Entire Mineral District

10 Kilometres

DISTRICT SURVEYS – Results From Talus Fines Sampling Indicate Multiple Mineralized Centres

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Chalcopyrite

DISTRICT SURVEYS – Talus Fines Analyses – Copper

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OMG Buzzer North Buzzer Mewtwo Quinn IKE Empress Syndicate MMW

1 Kilometre

Mad Major

Copper Results

Row bottom

OMG Mewtwo IKE Buzzer North Buzzer Quinn Row bottom Syndicate Empress

2 Historical Resource:

~10 Mt @ 0.61% Cu & 0.79 g/t Au

4 Kilometres Claim Outline

Mad Major MMW A B

DISTRICT SURVEYS – IP and Drilling Programs

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2017 Drill Hole Results

Hole# From (m) To (m) Int. (m) CuEQ1 (%) Cu (%) Mo (%) Ag (g/t) Au (ppb) A 63 129 66 0.40 0.29 0.006 4.1 82 A 333 354 21 0.51 0.38 0.007 4.3 106 B 81 90 9 0.78 0.57 0.046 3.0 3

• 1. Copper equivalent (CuEQ) calculated using Cu US$3.00/lb, Mo US$12/lb, Ag US$18/oz and Au US$1,300/oz.
• 2. An historical estimate of about 10 million tonnes grading 0.61% Cu and 0.79 g/t Au was reported in 1991 for Empress. It is not categorized as prescribed by National Instrument 43-101.

A qualified person has not done sufficient work to classify the historical estimate as a current mineral resource or mineral reserve and Amarc is not treating the historical estimate as current.

IKE – District-Wide Airborne Magnetic Survey Outlines Disruptive IKE Magnetic Anomaly and Other Compelling Targets

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IKE Magnetic Anomaly

Buzzer North OMG Mad Major Mewtwo Rowbottom Empress Buzzer Quinn Syndicate MMW

4 Kilometres

IKE – Detailed Airborne Magnetic Survey Outlines 9 Km2 IKE Magnetic Anomaly

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1 Kilometre

IKE Magnetic Anomaly

B’ A’ B A

IKE – Northerly View Across 3.5 Km Wide Sulphide System

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3.5 Km

IKE Mineralized System1 IKE Magnetic Anomaly

• 1. As outlined by IP chargeability surveying, surface geochemical sampling and 21 core holes.

Legend

IKE Magnetic Anomaly IKE Mineralized System IKE Deposit Drill Hole

Viewpoint

3.0 Km

IKE – Assay Results from the 21 Holes Drilled Indicate Substantial Resource Potential

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IKE Discovery Drill Hole Plan

Northeast 1 Kilometre

OPEN OPEN WEST EAST

Northwest Southwest Southeast Viewpoint

OPEN OPEN

IKE Magnetic Anomaly IKE Mineralized System

B’ A’ B A

IKE – Looking Northeasterly Over IKE Discovery

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Hole 20

148 m @ 0.54% CuEQ

Hole 21

287 m @ 0.39% CuEQ

VIEWPOINT

Northwest Southwest

Hole 13

592 m @ 0.44% CuEQ

IKE – Drill Results Indicate IKE is an Important BC Porphyry Discovery

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Drill Hole Interval1,2 (m) CuEQ3 (%) Cu (%) Mo (%) Ag (g/t)

01 247 0.42 0.28 0.030 2.0 02 123 0.41 0.32 0.017 2.5 03 92 0.41 0.31 0.020 2.1 05 194 0.49 0.30 0.046 0.8 06 308 0.40 0.26 0.032 1.8 08 97 0.46 0.32 0.030 2.2 10 124 0.45 0.34 0.022 3.2 12 214 0.37 0.26 0.023 2.2 13 592 0.44 0.30 0.032 2.1 14 86 0.48 0.33 0.032 2.2 18 111 0.36 0.30 0.010 2.3 20 148 0.54 0.39 0.030 2.9 21 287 0.39 0.30 0.017 2.2

• 1. Widths reported are drill widths, such that true thicknesses are unknown.
• 2. All assay intervals represent length weighted averages.
• 3. Copper equivalent (CuEQ) calculated using Cu US$3.00/lb, Mo US$12/lb & Ag US$18/oz. Metallurgical recoveries & net smelter returns are assumed to be 100%.

Selected Assay Intervals IKE Discovery Drill Holes

IKE – Characteristics of Some Important Cu-Mo Mines

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• 1. Amarc has compiled the total tonnes and overall grades for these deposits to illustrate the range of tonnes and grades for porphyry copper exploration targets.
• 2. Copper equivalent (CuEQ) calculated using Cu US$3.00/lb, Mo US$12/lb & Ag US$18/oz.
• 3. Teck website, November 2017.
• 4. Southern Copper Corp., Annual Report 2015.
• 5. Freeport McMoRan, Annual Report 2014.
• 6. Taseko website, November 2017.

Project Name Billion Tonnes CuEQ2 % Cu % Mo % Ag g/t Valley3 1.9 0.29 0.25 0.009 0.7 La Caridad4 4.9 0.31 0.22 0.022

• Sierrita5

4.0 0.30 0.21 0.020 1.3 Morenci5 6.4 0.29 0.26 0.008

• Gibraltar6

1.0 0.28 0.25 0.008

• Deposit Mineralized Material (M+I+I)1

IKE – Widespread Mineralization Confirmed by Talus Sampling

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Cu-Mo-Ag Anomaly in Talus Fines

• 1. As outlined by IP chargeability surveying, surface geochemical sampling and 21 core holes.

1 Kilometre

Viewpoint

IKE Mineralized System1

IKE – IP Surveying Has Delineated an Extensive Sulphide Mineralized System

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Giant IP Chargeability Anomaly IKE Mineralized System IKE Magnetic Anomaly

1 Kilometre

B’ A’ B A

Extensive Sulphide Less Sulphide

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A A’

500 Metres

Cross Section A – A’

Viewpoint IP Sulphide System IP Sulphide System >500 ppm Copper in Talus >500 ppm Copper in Talus 1850 Metre Level

Modelled IP Chargeability Anomaly

Assay Legend CuEQ (%) >= 0.20 Drill Hole

IKE – IP Geophysics Has Delineated an Important Scale Mineralized System

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500 Metres

B B’

Cross Section B – B’

Ridge Line IP Sulphide System IP Sulphide System >500 ppm Copper in Talus 1850 Metre Level

Modelled IP Chargeability Anomaly

>500 ppm Copper in Talus

Assay Legend CuEQ (%) >= 0.20 Drill Hole

IKE – IP Geophysics Has Delineated an Important Scale Mineralized System

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• Mt. Milligan Cu-Au

Size and Grades of Mineralized Zones

1 Kilometre

Main Zone (MBX/WBX)

274 M Tonnes @ 0.23% Cu, 0.39 g/t Au

Southern Star

135 M Tonnes @ 0.21% Cu, 0.29 g/t Au

66 Zone

80 M Tonnes @ 0.07% Cu, 0.59 g/t Au

• Mt. Milligan – Porphyry Copper Deposits Often Occur in Clusters

Reference: Technical Report Feasibility Update 2009 – Wardrop Engineering. Amarc is presenting this plan to illustrate the range of tonnes and grades for porphyry copper clusters.

Mineralized Zones Host Variable Grades

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• Mt. Milligan – Successful Drill Holes Often Flank

High IP Chargeability Centres

1 Kilometre

High IP Low IP Medium IP

Main Zone

Low IP

66 Zone Southern Star

Medium IP High IP

Distribution of Drill Hole and Chargeability Results in Plan View

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IKE – Widespread Drilling Planned for 2018 to Delineate Deposit Geometry and Grade Distribution 2018 Drill Hole Plan

500 Metres

IKE Mineralized System IKE Magnetic Anomaly

DUKE – Central BC Location and Infrastructure

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30 Kilometres 267 MT (M+I) M 0.35% Cu, 0.17 g/t Au, 0.005% Mo 77 MT (Mined) 257 MT (M+I) N 0.40% Cu, 0.20 g/t Au

DUKE – Intrusive Rocks are Key to District Copper Mineralization

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5 Kilometres

Claim Outline

DUKE Mineral Property 1971 Drilling Area

(30 Core Holes)

NAK MORRISON LYNN DUKE Discovery

DUKE – Looking Northeasterly Over 1971 Shallow Drill Holes and 2017 Deep Drill Holes

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DK17001

1 Kilometre

1971 Drilling Area

DK17002

DUKE – CuEQ Tenor of Three 1971 Drill Holes Increases Almost 20% When Re-Assayed in 1991

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• 1. These 1971 copper equivalent (CuEQ) estimates represent general overall mineral tenor estimates made by Amarc from visual inspection of

1971 bar charts which graphically depict Cu, MoS2 and CuEQ grades. CuEQ was estimated by the 1971 operator using the formula CuEQ = Cu + (3 x MoS2). Metal prices considered for the 1971 CuEQ graphic presentation were not stated but are estimated by Amarc to be approximately: Cu US$0.50/lb, Mo US$2.50/lb. The data is historical and does not include all elements to be consistent with NI 43-101. These estimates are not to be relied on. Historical drill data personal communication with Copper Ridge Exploration Inc.

• 2. Copper equivalent (CuEQ) calculations from 1991 results use metal prices: Cu US$3.00/lb, Mo US$12/lb, Ag US$18/oz and Au US$1,300/oz.

Metallurgical recoveries and net smelter returns are assumed to be 100%.

250 Metres

1991 Core Re-Assay Hole # CuEQ2 (%) Interval (Feet) 02 0.39 350 10 0.40 523 14 0.53 284

From (ft) To (ft) Cu (ppm) Mo (ppm) Ag (ppm) Au (ppb) CuEQ2 60 casing 60 94 Not sampled 94 104 3636 173 2.7 46 0.485 104 114 3051 394 2.6 41 0.511 114 124 4899 470 3.4 66 0.749 124 134 2934 135 1.9 41 0.390 134 144 5564 266 3.3 85 0.745 144 154 7028 143 3.5 124 0.869 154 164 4247 139 2.9 57 0.542 164 174 6657 182 2.8 89 0.819 174 184 4685 171 2.7 64 0.601 184 194 4056 302 2.1 51 0.577 194 204 2962 267 1.6 54 0.451 204 214 3977 388 2.2 56 0.608 214 224 4590 159 2.3 79 0.593 224 234 5926 221 2.9 73 0.753 234 244 4377 146 2.5 35 0.540 244 254 2379 273 1.2 33 0.375 254 264 3004 145 1.6 37 0.396 264 274 2940 215 1.8 36 0.419 274 284 3490 193 1.5 53 0.473 284 295 3828 195 2.1 38 0.503 295 298 3164 197 2.5 38 0.441 298 308 3030 219 1.2 34 0.423 308 318 4027 301 1.3 37 0.558 318 328 3381 231 1.4 42 0.469 328 338 4111 171 1.7 36 0.517 338 348 4130 198 2.5 50 0.546 348 358 2363 85 1.6 39 0.309 358 368 3199 188 2.1 48 0.444 368 378 2470 18 1.3 51 0.298 EOH 378

32 32

• 1. These 1971 copper equivalent (CuEQ) estimates represent general overall mineral tenor estimates made

by Amarc from visual inspection of 1971 bar charts which graphically depict Cu, MoS2 and CuEQ

• grades. CuEQ was estimated by the 1971 operator using the formula CuEQ = Cu + (3 x MoS2). Metal

prices considered for the 1971 CuEQ graphic presentation were not stated but are estimated by Amarc to be approximately: Cu US$0.50/lb, Mo US$2.50/lb. The data is historical and does not include all elements to be consistent with NI 43-101. These estimates are not to be relied on.

• 2. Copper equivalent (CuEQ) calculations from 1991 results use metal prices: Cu US$3.00/lb, Mo US$12/lb,

Ag US$18/oz and Au US$1,300/oz. Metallurgical recoveries and net smelter returns are assumed to be 100%.

• The 1991 re-assay of three drill holes shows

continuous Cu-Mo-Ag-Au mineralization and allows appropriate CuEQ estimates

0.53% CuEQ2

• ver 284 ft

0.40% Cu 0.021% Mo 2.2 g/t Ag 0.05 g/t Au

DDH-14

DUKE – Long Core Intercepts Hosting Significant Mineralization

250 Metres

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DUKE – Bell Deposit Comparison Indicates Depth Potential For DUKE

Average Depth of 1971 DUKE Drill Holes is Only 90 Metres Bell Deposit’s 615 Metre Depth is 2.4 Times its Surface Width Bell Deposit Cross Section

DUKE – Successful Test of Depth Potential With Mineralization Open in All Directions

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West – East Cross Section of DK 17002

200 Metres

Surface 350 M Copper % Molybdenum %

DUKE – Successful Test of Depth Potential With Mineralization Open in All Directions

35

• 1. Copper equivalent (CuEQ) calculations use metal prices: Cu US$3.00/lb, Mo US$12/lb, Ag US$18/oz and Au US$1,300/oz. Metallurgical recoveries and net smelter

returns are assumed to be 100%.

200 Metres

West – East Cross Section of DK 17002

Surface 350 M Copper Equivalent %

DUKE – Successful Test of Depth Potential With Mineralization Open in All Directions

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West – East Cross Section of DK 17001

200 Metres

Potential Gold-Copper Porphyry Discovery

? ? ?

0.1 g/t Gold

Surface 470 M Copper % Molybdenum %

DUKE – Successful Test of Depth Potential With Mineralization Open in All Directions

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• 1. Copper equivalent (CuEQ) calculations for DK17001 use metal prices: Cu US$3.00/lb, Mo US$12/lb, Ag US$18/oz and Au US$1,300/oz. Copper

equivalent (CuEQ) calculations for historical holes 14, 19 and 20 do not include Ag or Au values as these elements were not assayed for in 1971. Metallurgical recoveries and net smelter returns are assumed to be 100%.

West – East Cross Section of DK 17001

200 Metres

Surface Potential Gold-Copper Porphyry Discovery 470 M Copper Equivalent %

DUKE – Drill Results Indicate DUKE is an Important BC Porphyry Discovery

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Selected Assay Intervals DUKE Discovery Drill Holes

Drill Hole Incl. From (m) To (m) Interval2,3,4 (m) CuEQ1 (%) Cu (%) Mo (%) Ag (g/t) Au (g/t) DK17002 17 130.0 113.0 0.37 0.25 0.014 1.4 0.07 incl. 17 73.0 56.0 0.41 0.29 0.015 1.6 0.08 238 268.0 30.0 0.47 0.33 0.019 1.9 0.07 308 399.0 91.0 0.35 0.21 0.025 1.1 0.04 incl. 308 338.0 30.0 0.39 0.25 0.022 1.3 0.06 451 523.0 72.0 0.34 0.23 0.022 1.2 0.03 incl. 477 523.0 47.0 0.40 0.26 0.025 1.4 0.04 Drill Hole Incl. From (m) To (m) Interval2,3,4 (m) CuEQ1 (%) Cu (%) Mo (%) Ag (g/t) Au (g/t) DK17001 25 145.0 120.0 0.33 0.23 0.015 1.1 0.05 incl. 40 73.0 33.0 0.41 0.30 0.013 1.4 0.08 210 243.0 33.0 0.35 0.21 0.026 1.2 0.04 268 278.0 10.0 0.31 0.20 0.018 1.3 0.03 317 347.0 30.0 0.35 0.20 0.030 1.1 0.04 425 518.5 93.5 0.33 0.23 0.001 2.7 0.12 incl. 458 479.0 21.0 0.41 0.35 0.001 3.3 0.04 incl. 509 518.5 9.5 0.57 0.11 0.001 3.0 0.68 DK17001 End of Hole and 509 512.0 3.0 0.35 0.13 0.002 1.2 0.34 and 512 515.0 3.0 0.77 0.14 0.001 6.7 0.93 and 515 518.5 3.5 0.53 0.06 0.001 1.3 0.75

• 1. Copper equivalent (CuEQ) calculations use metal prices: Cu US$3.00/lb, Mo US$12/lb, Ag US$18/oz and Au US$1,300/oz. Metallurgical recoveries and net smelter

returns are assumed to be 100%.

• 2. Widths reported are drill widths, such that the true thicknesses are unknown.
• 3. All assay intervals represent length weighted averages.
• 4. Some figures may not sum exactly due to rounding.

39

DUKE – IP Signature Indicates Deposit is Potentially Offset by Fault

* Pole – Dipole; 100 m depth a = 100 m (most lines)

* 1 Kilometre

Postulated Fault Offsetting Chargeability Anomaly DUKE Offset Target

500 Metres

Morrison Deposit (at the same scale) 1971 Drilling Area DUKE Discovery

Amarc 2017 Drill Hole

Legend

DUKE – 2018 Drill Hole Plans

40

500 Metres

DUKE Discovery DUKE Offset Target

JOY – North-Central BC Location and Infrastructure

41

150 Kilometres

JOY – Amarc is Acquiring 100% Interest in Claims Covering the Northern Extension to the Kemess District

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10 Kilometres

620 KT (Mined) J 8.7 g/t Au, 183 g/t Ag 246 MT (Ind) K 0.22% Cu, 0.42 g/t Au 218 MT (Mined) L 0.22% Cu, 0.63 g/t Au 113 MT (Ind) K 0.38% Cu, 0.46 g/t Au 64 MT (Inf) 0.34% Cu, 0.31 g/t Au

J – L: See Appendix for references.

January 2018: Centerra Gold purchases AuRico Metals the Kemess Project owner for $310 million

5 Kilometres

43

JOY – Extensive Historical Drilling Narrows the Focus For Discovery

CANYON FIN WRICH TREE

Hole # From (m) To (m) Int. (m) Au (ppb) Zn (ppm) 17001 50 152 102 42 260 17002 84 153 69 54 600 17002 400 492 92 78 484 17003 385 473 88 21 5570 R05-01 27 104 77 118 7127 R05-04 16 178 162 45 3100

01 02 03

2017

PINE

Finlay Magnetic Corridor

RYAN VIP MEX 10K

Finlay Magnetic Corridor

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JOY – Intrusive Stock-Size Magnetic Anomalies and Historical Intercepts Indicate Significant Potential

5 Kilometres

CANYON FIN MEX RYAN PINE VIP 10K TREE

Finlay Magnetic Corridor

2017

HISTORICAL DRILL INTERCEPTS Drill Hole Int. (m) CuEQ1 (%) Cu (%) Au (g/t) Ag (g/t) A 77 0.40 0.24 0.20 3.6 B 139 0.76 0.13 0.97 2.0 C 122 0.74 0.16 0.91 0.8 D 143 0.49 0.17 0.48 1.9 E 75 0.42 0.14 0.43 1.1

A E D B C

• 1. Copper equivalent (CuEQ) calculations use metal prices: Cu US$3.00/lb, Ag US$18/oz and Au US$1,300/oz.

45

JOY – Highly Anomalous Soil Sample Results – Copper

FIN

JOY PINE

2.5 Kilometres

TREE RYAN MEX PINE CANYON

5 Kilometres

46

JOY – Extensive IP Surveying Planned to Delineate Deposit Targets for Drilling

CANYON FIN MEX RYAN PINE VIP TREE 10K WRICH

Finlay Magnetic Corridor 2017

Amarc – Focused on Discovering Major Porphyry Copper Deposits at IKE, DUKE and JOY

47

Strong Projects + Financing + Management Mining Share Value Creation Begins

Contact Information

• Dr. Diane Nicolson President

Amarc Resources Ltd.

15th Floor, 1040 West Georgia Street Vancouver, BC Canada V6E 4H1 Email: info@hdimining.com www.amarcresources.com Phone: 604-684-6365 Fax: 604-684-8092 TF: 1-800-667-2114

“We operate in a responsible manner so that our activities protect the Health and Safety

• f our employees and contractors, and of the communities in which we work.”

Amarc’s Responsible Mineral Development Policy

49

References

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 B. Scott Jones, P.Eng., “Technical Report on the 344 million tonne Increase in Mineral Reserves at the Prosperity Gold-Copper Project”, December 17, 2009 C. Imperial Metals Corporation website – http://www.imperialmetals.com/s/Home.asp D. Wardrop, “Morrison Copper/Gold Project – Feasibility Study NI 43-101 Technical Report”, March 12, 2009 E. Centerra Gold Inc. website – http://www.centerragold.com F. Hassan Ghaffari, P.Eng., Andre De Ruijter, P.Eng., Kenneth Lee, P.Eng., Amir Karami, P.Eng., Ali Farah, P.Eng., Ting Lu, P.Eng., Timothy O. Kuhl, R.M. SME, Ramon Mendoza Reyes, P.Eng., Warren Newcomen, P.Eng., Ken Brouwer, P.Eng., Chris Lee, P.Eng., Irwin Wislesky, P.Eng., “Ajax Copper/Gold Project – Kamloops, British Columbia, Feasibility Study Technical Report”, January 6, 2012 G. Al Chance, P.Eng., Gary Giroux, P.Eng., Peter Holbek, P.Geo., Todd Martin, P.Eng. P.Geo., Donald Murray, P.Eng., Jim O’Rourke, P.Eng., Makram El Saggah, P.Eng., Ian Thompson, P.Eng., “Technical Report on the Copper Mountain Project, Princeton, British Columbia for Copper Mountain Mining Corp.”, August 21, 2009 H. Taseko Mines Limited website – http://www.tasekomines.com/home I. Teck Resources Limited website – http://www.teck.com J. BC MINFILE Number: 094E 066, LAWYERS K. AuRico Metals website – http://www.auricometals.ca/home/default.aspx L. AuRico Metals website – http://www.auricometals.ca/home/default.aspx; C.M. Rebagliati, B.K. Bowen, D.J. Copeland, D.W.A. Niosi, “Kemess South and Kemess North Porphyry Gold-Copper Deposits, Northern British Columbia”, In: Porphyry Deposits of the Northwestern Cordillera of North America, CIM Special Volume 46, 1995 M. Wardrop, “Morrison Copper/Gold Project – Feasibility Study NI 43-101 Technical Report”, March 12, 2009 N. Glencore website – http://www.glencore.com/assets/investors/doc/reports_and_results/2015/GLEN-2015-Resources-Reserves-Report.pdf O. RPA, “Technical Report on the Initial Mineral Resource Estimate for the Newton Project, Central British Columbia, Canada – NI 43-101 Report”, November 9, 2012