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Amarc Partners With Tsay Keh Dene Nation and Kwadacha Nation on Environmental Reclamation Project Amarc & Chu Cho Environmental Launch Video of Camp Rehabilitation

Partnerships & JV Marketing Announcement

Amarc Partners With Tsay Keh Dene Nation and Kwadacha

Nation on Environmental Reclamation Project

Amarc & Chu Cho Environmental Launch Video of Camp Rehabilitation

V ANCOUVER, BC / ACCESSWIRE / August 15, 2024 / Amarc Resources Ltd. ("Amarc" or

the "Company") (TSXV:AHR)(OTCQB:AXREF) is pleased to announce the completion of a

successful environmental collaboration at the JOY District ("JOY") in north-central British

Columbia ("BC"), undertaken in partnership with Tsay Keh Dene Nation, Kwadacha Nation and

Takla Nation. Amarc and Freeport-McMoRan Mineral Properties Canada Inc. ("Freeport"),

which are advancing JOY , share a common commitment to environmental protection and

working with First Nations and the communities in the areas where exploration activities take

place. The reclamation was carried out at two historical exploration camp sites abandoned by

previous operators.

"We were very pleased to work in cooperation and partnership with Tsay Keh Dene Nation and

Kwadacha Nation to reclaim the historical Stealth and Pine exploration camps located within the

JOY project area," said Amarc President and CEO Diane Nicolson. "Amarc and Freeport are

committed to responsible mineral development and this reclamation initiative is a great example

of working together to bring a positive result."

"The safe and efficient clean up was undertaken by Amarc and Chu Cho Industries, which

provided the labour and heavy equipment for the reclamation at Stealth, and Amarc and the

Kwadacha Nation at Pine. Chu Cho Environmental also provided video production expertise in

support of a reclamation video that highlights the work done at the abandoned Stealth camp site.

I want to acknowledge Chu Cho Industries and Chu Cho Environmental for their work, as well

as the support of Freeport and the British Columbia government for their contributions to the

collaborative effort that led to the successful outcome," concluded Nicolson.

Chief Pierre of Tsay Keh Dene noted that "Tsay Keh Dene values its relationship with Amarc and

its strong commitment to a high standard of environmental responsibility. Working closely with

Amarc, Tsay Keh Dene owned businesses exemplify the long tradition of environmental

stewardship for which Tsay Keh Dene and its businesses are well known in the mining industry."

Amarc and Freeport collaborated with Chu Cho Industries and Chu Cho Environmental, as well

as the provincial government and the company that had carried out exploration historically to

plan for rehabilitation of the Stealth camp. The reclamation at the Pine camp was completed by

the Kwadacha Nation with Amarc and Freeport.

Chu Cho Industries and Chu Cho Environmental are local Tsay Keh Dene Nation owned

businesses with the expertise and logistical capabilities to assist with planning and carrying out

the clean up and site rehabilitation.

The video showcasing this environmental reclamation is now available on the Amarc website at

the following link: https://amarcresources.com/sustainability/

About Chu Cho Industries LP and Chu Cho Environmental LLP

Chu Cho Industries (CCI) is a heavy construction and services contractor working with resource

industry companies, primarily within Tsay Keh Dene Nation (TKDN) territory. As a TKDN

owned company, CCI is dedicated to providing employment and economic opportunity to Tsay

Keh Dene Nation members.

Chu Cho Environmental (CCE) is a for-profit social enterprise that is wholly owned by Tsay Keh

Dene Nation providing expert environmental services in northern British Columbia and for the

Nation.

About Amarc Resources Ltd.

Amarc is a mineral exploration and development company focused on developing a new

generation of long-life, high-value porphyry Cu-Au mines in BC. Amarc is advancing its IKE,

DUKE and JOY porphyry Cu±Au Districts located in different prolific porphyry regions of

southern, central and northern BC.

Amarc is committed to responsible mineral development which, to us, means demonstrating

leadership in environmental protection, carrying out each of our programs safely and working

constructively with First Nations and the communities near our projects. Partnering with and

creating opportunities for local businesses and communities to benefit from our programs is a

core value and corporate priority for Amarc. At JOY , the Company has agreements in place with

Tsay Keh Dene Nation, Kwadacha Nation, Takla Nation and Tahltan Nation.

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, or Kin Communications, at (604) 684-6730, Email:

[email protected].

ON BEHALF OF THE BOARD OF DIRECTORS OF AMARC RESOURCES LTD.

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 plans and

plans for enhanced relationships 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,. 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.sedarplus.com.

SOURCE: Amarc Resources Ltd.