PINX:AXREF Insider Activity 3 Filing - 3/6/2012

Effective Date 3/6/2012

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FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  SUN VALLEY GOLD LLC
2. Date of Event Requiring Statement (Month/Day/Year)
03/06/2012
3. Issuer Name and Ticker or Trading Symbol
AMARC RESOURCES LTD [AHR]
(Last)
(First)
(Middle)
620 SUN VALLEY ROAD, P.O. BOX 2759
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed (Month/Day/Year)
(Street)

SUN VALLEY, ID 83353
6. Individual or Joint/Group Filing (Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock(1) 14,615,384
I
See Footnote(2)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Common Stock Warrants(1)   (4) 09/06/2013 Common Stock 5,000,000 $0.6(3) I See Footnote(2)

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
SUN VALLEY GOLD LLC
620 SUN VALLEY ROAD
P.O. BOX 2759
SUN VALLEY, ID 83353
    X    
Palmedo Peter F.
620 SUN VALLEY ROAD
P.O. BOX 2759
SUN VALLEY, ID 83353
    X    
SUN VALLEY GOLD MASTER FUND, LTD
C/O GOLDMAN SACHS (CAYMAN) TRUST LTD
45 MARKET STREET, GEORGE TOWN
GRAND CAYMAN, E9 KY1-1103
    X    
Palmedo Holdings LLLP
620 SUN VALLEY ROAD
P.O. BOX 2759
SUN VALLEY, ID 83353
    X    

Signatures

Sun Valley Gold LLC (+), By: /s/ Peter F. Palmedo, Peter F. Palmedo, Managing Member 03/16/2012
** Signature of Reporting Person Date

/s/ Peter F. Palmedo (+) 03/16/2012
** Signature of Reporting Person Date

Sun Valley Gold Master Fund, Ltd., By: /s/ Peter F. Palmedo, Peter F. Palmedo, Director 03/16/2012
** Signature of Reporting Person Date

Palmedo Holdings LLLP (+), By: /s/ Peter F. Palmedo, Peter F. Palmedo, General Partner 03/16/2012
** Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) A portion of the reported securities are included within 10,000,000 AHR Units purchased by the reporting person for C$0.45 per Unit. Each Unit consists of one share of common stock and a half warrant for a total of 10,000,000 shares and 5,000,000 warrants to purchase 5,000,000 shares.
(2) These securities are directly held by Sun Valley Gold Master Fund, Ltd. for which Sun Valley Gold LLC services as investment manager. Peter F. Palmedo and Palmedo Holdings LLLP ("Holdings") are managing members of Sun Valley Gold LLC ("SVG"). SVG, Mr. Palmedo and Holdings may be deemed to beneficially own the securities held by Sun Valley Gold Master Fund, Ltd., by virtue of SVG's position as investment manager of Sun Valley Gold Master Fund, Ltd. and Mr. Palmedo's and Holdings's status as managing members of SVG. The Reporting Persons disclaim beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein, and this report shall not be deemed an admission that such reporting person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended ("Section 16"), or for any other purpose. The Reporting Persons affirmatively disclaim being a "group" for purposes of Section 16.
(3) Exercise price is in Canadian Dollars.
(4) The Common Stock Warrants are exercisable at any time on or before the expiration date.
 
Remarks:
+ Each of the Reporting Persons and the joint filers (individually, each a "Reporting Person" and collectively, the "Reporting Persons") disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein. The Reporting Persons affirmatively disclaim being a "group" for purposes of Section 16 of the Securities Exchange Act of 1934, as amended.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

PINX:AXREF Amarc Resources Ltd Insider Activity 3 Filling

Amarc Resources Ltd PINX:AXREF Stock - Get Insider Activity SEC Filing of Amarc Resources Ltd PINX:AXREF stocks, including company profile, shares outstanding, strategy, business segments, operations, officers, consolidated financial statements, financial notes and ownership information.

PINX:AXREF Insider Activity 3 Filing - 3/6/2012
Name |  Ticker |  Star Rating |  Market Cap |  Stock Type |  Sector |  Industry Star Rating |  Investment Style |  Total Assets |  Category |  Top Holdings |  Top Sectors |  Symbol |  Title Star Rating |  Category |  Total Assets |  Top Holdings |  Top Sectors |  Symbol |  Name Title |  Date |  Author |  Collection |  Interest |  Popularity Topic |  Sector |  Key Indicators |  User Interest |  Market Cap |  Industry Name |  Ticker |  Star Rating |  Market Cap |  Stock Type |  Sector |  Industry Star Rating |  Investment Style |  Total Assets |  Category |  Top Holdings |  Top Sectors |  Symbol / Ticker |  Title Star Rating |  Category |  Total Assets |  Symbol / Ticker |  Name Title |  Date |  Author |  Collection |  Popularity |  Interest Title |  Date |  Company |  Symbol |  Interest |  Popularity Topic |  Sector |  Key Indicators |  User Interest |  Market Cap |  Industry Title |  Date |  Company |  Symbol |  Interest |  Popularity

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