Endeavour Silver is pleased to announce it has entered into a definitive agreement with Canarc Resource to acquire a 100% interest in Oro Silver Resources. Oro Silver holds the El Compas gold-silver mine property and a five-year renewable lease on the 500 tonne per day (tpd) La Plata ore processing plant in Zacatecas, Mexico. Pursuant to the agreement, Endeavour will pay Canarc CAD$10.5 million by issuing 2,147,239 common [...]
Vancouver, British Columbia (FSCwire) - Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, Frankfurt: CAN) announces that it has executed an indicative term sheet for up to US$10 million in debt financing by way of a gold prepaid facility with a leading North American resource fund in order to develop the El Compas gold-silver mine in Zacatecas, Mexico to production. During the next 60 days, the Company will work with the [...]
Vancouver, British Columbia (FSCwire) - Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, Frankfurt: CAN) is pleased to announce that it has closed the first tranche of its previously announced private placement equity financing. The first tranche of the private placement consisted of 17,705,152 units priced at CAD$0.09 each for total proceeds of CAD$1,593,464. Each unit is comprised of one common share and one-half share [...]
Vancouver, British Columbia (FSCwire) - Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, Frankfurt: CAN) announces that it has signed a definitive agreement with the Zacatecas state government to lease and operate the permitted 500 tonne per day “La Plata” ore processing plant in the city of Zacatecas, Mexico, through its wholly owned Mexican subsidiary, Minera Oro Silver. Canarc plans to use the plant for processing ore [...]
Vancouver, British Columbia (FSCwire) - Canarc Resource Corp. ( “Canarc” or “Company”) (TSX:CCM,) is pleased to announce the results of a Preliminary Economic Assessment (“PEA”) prepared by Mining Plus Canada Pty Ltd. on the Company’s 100% owned El Compas Gold-Silver Mine, located in Zacatecas, Mexico. PEA Highlights All dollar amounts are expressed in U.S. dollars unless [...]
Vancouver, British Columbia (FSCwire) - Canarc Resource Corp. (“Canarc” or “Company”) (TSX: CCM, OTC-BB: CRCUF, Frankfurt: CAN) is pleased to announce that it has received an updated, independent, resource estimate for Canarc’s El Compas Gold-Silver Mine (“El Compas”) in Zacatecas, Mexico. A technical report documenting the new mineral resource statement will be filed on SEDAR [...]
Vancouver, British Columbia (FSCwire) - Canarc Resource Corp. (“Canarc” or “Company”) (TSX: CCM, OTC-BB: CRCUF, Frankfurt: CAN) is pleased to announce that it has appointed Mr. Alfonso Canseco as Interim General Manager for Canarc’s fully permitted El Compas Gold-Silver Mine (“El Compas”) in Zacatecas, Mexico, effective immediately. Based in our Zacatecas office, Mr. Canseco will be responsible for directing our efforts [...]
Vancouver, British Columbia (FSCwire) - Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, Frankfurt: CAN) announces that it has closed the definitive agreement (“Agreement”) with Marlin Gold Mining Ltd. whereby Canarc acquired 100% of the shares in Marlin’s wholly owned subsidiary company, Oro Silver Resources Ltd. (“Oro Silver”), which owns the fully permitted El Compas Gold-Silver Mine Project (“El Compas”) in Zacatecas [...]
Vancouver, British Columbia (FSCwire) - Vancouver, Canada – October 19, 2015 – Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, Frankfurt: CAN) announces that it has been granted the right by the Zacatecas state government to enter into an exclusive agreement to lease their fully permitted 500 tonne per day processing plant “La Plata” in the city of Zacatecas, Mexico. Canarc plans to use the plant starting in 2016 for [...]
Vancouver, British Columbia (FSCwire) - Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, Frankfurt: CAN) announces that it has engaged Mining Plus Engineering (“Mining Plus”) to complete during Q4 2015 a NI 43-101 Resource Report and detailed Preliminary Economic Assessment (“PEA”) Report for the newly acquired El Compas project in Mexico. PEA Details Mining Plus has been commissioned to complete an updated NI 43-101 [...]
Vancouver, British Columbia (FSCwire) - Vancouver, Canada – October 8, 2015 – Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, Frankfurt: CAN) announces that it has executed a definitive agreement (“Agreement”) with Marlin Gold Mining Ltd. whereby Canarc will acquire 100% of the shares in Marlin’s wholly owned subsidiary company, Oro Silver Resources Ltd. (“Oro Silver”), which owns [...]
Canarc Resource announces that it is in the final stages of completing the definitive agreement with Marlin Gold Mining Ltd. whereby Canarc will acquire 100% of the shares in Marlin’s wholly owned subsidiary company, Oro Silver Resources Ltd., which owns the fully permitted El Compas Gold-Silver Mine Project in Zacatecas. Given the complexity of the transaction, by mutual consent, Canarc and Marlin have agreed to extend [...]
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