Company: AXREF
Filing Date: 2025-07-28
Form Type: 20-F
Source: 0001654954-25-008549
Chunk: 1

Company: AMARC RESOURCES LTD
Filing Date: 2025-07-28
Form: 20-F
Item: Item 3
Chunk 1
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Item 3 – Key Information

for more detailed currency and conversion information.

Except as noted, the information set forth in this Annual Report is as of July 24, 2025 and all information included in this document should only be considered correct as of such date.

  Cautionary Note to Investors Concerning Forward-looking Statements                                                                                                                                    
                                                                                                                                                                                                        
                                                                                                                                                                                                        
                                                                                                                                                                                                        
  This discussion includes certain statements that may be deemed “forward-looking statements”. All such statements, other than statements of historical facts that address exploration plans and pl...  
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GLOSSARY OF TERMS

Certain terms used herein are defined as follows:

  Coast Plutonic Complex (“ CPC”)          The CPC comprises a chain of overlapping batholiths (large bodies of igneous rock) formed as a result of subduction of oceanic crust beneath the western margin of North America, from approximat...  
  Epithermal Deposit                       Deposits formed when the fluids are directed through a structure where the temperature, pressure and chemical conditions are favourable for the deposition of ore minerals, including native gold.    
  Induced Polarization (“ IP”) Survey      A geophysical survey used to identify a feature that appears to be different from the typical or background survey results when tested for levels of electro-conductivity; IP detects both charge...  
  Mineral Symbols                          Au – gold; Ag – silver; Cu – copper; Mo – molybdenum.                                                                                                                                                 
  Net Smelter Return (“ NSR”) Royalty      Monies received for concentrate delivered to a smelter net of metallurgical recovery losses, transportation costs, smelter treatment-refining charges and penalty charges.                            
  Porphyry Deposit                         Mineral deposit characterized by widespread disseminated or veinlet-hosted sulphide mineralization, characterized by large tonnage and moderate to low grade.                                         
  Replacement Deposit                      Deposit formed by chemical processes that dissolve a rock and deposit a new assemblage of minerals in its place.                                                                                      
  Vein                                     A tabular or sheet-like mineral deposit with identifiable walls, often filling a fracture or fissure.                                                                                                 

  Table of Contents  

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CURRENCY AND MEASUREMENT

All currency amounts in this Annual Report are stated in Canadian Dollars unless otherwise indicated.

Approximate conversion of metric units into imperial equivalents is as follows:

  Metric Units      Multiply by      Imperial Units              
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