CanaGold Resources Ltd.

Canarc Resource Corp. announces the signing of an option agreement with Silver Range Resources Ltd. to acquire a 100% interest in their 2,090 hectare Hard Cash and 375 hectare Nigel properties located in southwestern Nunavut, Canada. Nunavut is home to two multi-million ounce gold deposits owned by Agnico Eagle Mines, the operating Meadowbank Mine and the Meliadine Mine currently under construction. Scott Eldridge [...]

Canarc Resource Corp. is pleased to announce that it has acquired a new gold exploration project in northwestern Nevada through the staking of 92 mining claims covering 742 hectares. Canarc owns the project 100% with no underlying royalties. The new project, called Corral Canyon, contains significant, volcanic-hosted, epithermal, disseminated and vein gold mineralization evidenced by previous drilling. The project lies [...]

Canarc Resource Corp. is pleased to announce that it has entered into an option agreement with Brownstone Ventures Inc., a subsidiary of Casino Gold Corp., on its wholly owned Silver King Patented Claim Group located in Humboldt County, Nevada. Under the terms of the ten-year agreement Canarc will receive annual payments of US$12,000 plus an option exercise payment of US$120,000. Upon exercise of the Option, Canarc will [...]

Canarc Resource Corp. announces, effective today, the appointment of Director Scott Eldridge as the new Chief Executive Officer. Bradford Cooke who has held the position as Interim CEO will continue as Chairman of the Company. Scott Eldridge has over 10 years of experience in the mining sector, spanning various executive roles with both private and public companies. He has a proven track record of raising capital for [...]

Vancouver, British Columbia - Canarc Resource Corp. has commenced a CAD$400,000 exploration program on its 100% owned Windfall Hills gold project located 65 kilometres south of Burns Lake and 90 km northwest of NewGold’s large Blackwater-Davidson gold-silver discovery in central BC. Canarc previously conducted three phases of exploration in 2012, 2014 and 2016 at Windfall Hills to discover encouraging gold mineralization [...]

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 [...]