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 [...]
Canarc Resource is pleased to announce that it has applied to the Toronto Stock Exchange and has received conditional approval to extend the term of an aggregate of 8,450,000 common share purchase warrants by one year, which were issued pursuant to a private placement that closed on January 31, 2014. Each Warrant entitles the holder to acquire one common share in the capital of the Company at an exercise price of $0.10 [...]
Canarc Resource announces that it has completed a detailed data review of the recently acquired, wholly owned Fondaway Canyon gold project in Nevada and has developed a new structural model for gold mineralization on the property. A Phase 1 exploration program is now underway including a ground magnetic survey and permitting for an 8-10 holes diamond drill program. New Structural Model Re-analysis of the historic data [...]
Canarc Resource announces the voting results from its Annual and Special General Meeting held on June 2, 2017 in Vancouver. Shareholders voted in favour of all items of business including the re-election of each director nominee and amendments to the Company’s stock option plan and its articles. A total of 121.3 million shares were voted at the Meeting, representing 54.8% of the issued and outstanding common shares of the [...]
Vancouver, British Columbia (FSCwire) - Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, Frankfurt: CAN), is pleased to announce the appointment of Dr. Jacob Margolis as the Company’s US Exploration Manager, effective May 18, 2017. Dr. Jacob Margolis 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 [...]
Vancouver, British Columbia (FSCwire) - Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, Frankfurt: CAN) announces that it has filed on SEDAR an updated, independent, technical report (“technical report”) for the Fondaway Canyon property located in Churchill County, Nevada, USA. Fondaway Canyon is an advanced stage gold exploration property located in Churchill County, Nevada, USA, part of an 11-property [...]
Vancouver, British Columbia (FSCwire) - Canarc Resource Corp. (“Company”) (TSX: CCM, OTC-BB: CRCUF, Frankfurt: CAN) announces that it has arranged and closed a flow-through equity financing of $500,000 with one institutional investor. The financing consisted of 3,846,154 flow-through common shares of the Company priced at $0.13 each. The flow-through shares are subject to a hold period under securities laws until August [...]