Vancouver, British Columbia - Canarc Resource Corp. provides the following update of recent Company activities and near term outlook to shareholders. Since the Annual General Meeting held on June 29, 2018, the new board of directors and new interim CEO reviewed the Company’s previous plans and progress and decided to overhaul Canarc’s business plan. Bradford Cooke, Founder, Chairman and Interim CEO stated, “Upon thorough [...]
Vancouver, British Columbia - Canarc Resource Corp. announces the voting results from its Annual General Meeting held on June 29, 2018 in Vancouver, British Columbia. Shareholders voted in favour of all items of business including the re-election of three existing directors and the election of two new directors. After 17 years of stalwart service to the Company, Len Harris retired from the Board and did not stand for [...]
Canarc Resource announced that it has received the approval of the Toronto Stock Exchange to make a normal course issuer bid to acquire up to 10,934,657 of its common shares through the facilities of the TSX. As at June 8, 2018, there were 218,693,144 Common Shares issued and outstanding. The Company’s Bid to acquire up to 10,934,657 Common Shares represents approximately 5% of the issued and outstanding Common Shares [...]
Vancouver, British Columbia - Canarc Resource Corp. announces that it has engaged Hatch Ltd., a global engineering company, to evaluate the feasibility of installing and operating a small concentrate autoclave at Canarc’s New Polaris mine site in northern BC as part of a process plant to produce gold dore bars onsite. New Polaris, Canarc’s most advanced gold mine project, has no road access so if building and operating [...]
Vancouver, British Columbia - Canarc Resource Corp. highlights the results of its 2017 programs and outline its 2018 plans for continued growth and advancement of its projects in the US and Canada. 2017 Highlights: Completed the acquisition of a portfolio of ten gold exploration properties in Nevada with historic gold resources and significant exploration potential substantially enhancing Canarc’s potential for new [...]
Vancouver, British Columbia - Canarc Resource Corp. is pleased to report results from the final four holes of its seven-hole drilling program completed in late 2017 at its Fondaway Canyon Project in Nevada. Assays for the first three holes were released on December 5, 2017. All holes in the drill program intersected gold mineralization. Drilling Highlights Include: 24.4 meters grading 1.80 grams per tonne Au including [...]
Vancouver, British Columbia - Canarc Resource Corp. , announces the appointment of Jacob Margolis, PhD as the Company’s Vice President Exploration, effective January 1, 2018. Jacob Margolis, PhD has 28 years of professional experience in gold exploration in the western U.S. and in British Columbia. He has extensive experience in a variety of gold €silver deposit settings, including epithermal volcanic €hosted, sediment [...]
Vancouver, British Columbia - Canarc Resource Corp. has entered into an agreement with Barrick Gold Inc and Skeena Resources Ltd. involving its 33.3% carried interest in certain mining claims adjacent to the past-producing Eskay Creek Gold mine located in northwest British Columbia. Canarc and Barrick own respectively 33.33% and 66.67% interests in 6 claims and mining leases totaling 2323 hectares at Eskay Creek. The past [...]
Vancouver, British Columbia - Canarc Resource Corp. has intersected significant gold mineralization in the first three drill holes of its seven-hole drill program recently completed at its Fondaway Canyon Project in Nevada. Assays for holes four through seven are pending. Drilling Highlights Include: 65.4 meters grading 2.83 grams per tonne Au in hole FC17-3 62.9 m grading 1.77 gpt Au in hole FC17-2 30.1 m grading 1.45 [...]
Vancouver, British Columbia - Canarc Resource Corp. reports that rock-chip sampling at its Fondaway Canyon property, Nevada, has returned additional high-grade gold values exceeding 5 grams per tonne in multiple zones. The Company also reports that it has completed six of the planned seven drill holes in the Phase 1 drill program and expects drilling to wrap up before month end. Assay results for the first three drill [...]
Vancouver, British Columbia (FSCwire) - Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, Frankfurt: CAN) announces that it has received approval from the U.S. Bureau of Land Management for a drilling campaign at its Fondaway Canyon property in Nevada. The program consists of 7 core holes totaling 2,700 meters in 5 target areas at depths of up to 400 meters; drilling is expected to start on or about September 15th, 2017 [...]
Vancouver, British Columbia (FSCwire) - Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, Frankfurt: CAN) is pleased to report that a recently completed surface rock-chip sampling and mapping program at its Fondaway Canyon property in Churchill County, Nevada has returned several high-grade gold values of over 5 gpt Au in multiple zones at surface. Of the 42 surface rock-chip samples collected in June and July 2017, five [...]
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