Vancouver, British Columbia (FSCwire) - Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, Frankfurt: CAN) announces that it has received an updated, independent, resource estimate for the Fondaway Canyon property located in Churchill County, Nevada, USA. A technical report (“technical report”) documenting the new resource estimate will be filed on SEDAR within 45 days in accordance with National Instrument [...]
Vancouver, British Columbia (FSCwire) - Canarc Resource Corp. (“Company or Canarc”) (TSX: CCM, OTC-BB: CRCUF, Frankfurt: CAN) announces that it has executed and closed a definitive agreement (the “Agreement”) with American Innovative Minerals LLC. (“AIM”), whereby Canarc acquired through its wholly owned Nevada based subsidiary called “AIM US Holdings” 100% of AIM’s outstanding securities for a total purchase price of [...]
Vancouver, British Columbia (FSCwire) - Canarc Resource Corp. (“Company or Canarc”) (TSX: CCM, OTC-BB: CRCUF, Frankfurt: CAN) announces that it has executed a binding letter of agreement (the “Agreement”) with American Innovative Minerals LLC. (“AIM”), a private company that owns 10 gold properties in Nevada, one gold project in Idaho, two royalty interests on other properties as well [...]
Canarc Resource announces that it has received the approval of the Toronto Stock Exchange to make a normal course issuer bid to acquire up to 10,859,479 common shares of the Company, or approximately 5% of the 217,189,597 Common Shares issued and outstanding, through the facilities of the TSX. The Company’s board of directors and management team believe that the Bid is an appropriate use of the Company’s available funds [...]
Vancouver, British Columbia (FSCwire) - Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, Frankfurt: CAN) announces its 2017 exploration program for the FG Gold property in which it can earn up to a 75% interest through an option agreement with Eureka Resources. The exploration program will be conducted during the summer of 2017 with a budget of $500,000. The 2017 exploration program will consist of diamond drilling on the [...]
Vancouver, British Columbia (FSCwire) - Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, Frankfurt: CAN) announces that a Volterra 3D Induced Polarization ( 3DIP ) survey recently completed at its Windfall Hills property in central BC was successful in identifying four geophysical anomalies, each with the potential to host epithermal gold mineralization. The Windfall Hills gold property is located 65 kilometers (km) south [...]
Vancouver, British Columbia (FSCwire) - Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, Frankfurt: CAN) provides an updated review of exploration targets on its recently optioned FG property. Canarc has an exclusive option to acquire up to a 75-per-cent interest from Eureka Resources Inc. in the FG gold property located approximately 100 kilometres (km) east of Williams Lake in central British Columbia. Overview The [...]
Vancouver, British Columbia (FSCwire) - Canarc Resource Corp. (“Company”) (TSX: CCM, OTC-BB: CRCUF, Frankfurt: CAN) provides an update on recent achievements in the 3rd quarter 2016 and its plans for the 4th quarter 2016 and going forward. Since the closing of the sale of Oro Silver in the 2nd quarter for $10.5M, Canarc has focused its efforts on three key objectives as follows: 1. Acquire or option new gold-silver [...]
Canarc Resource announces it has received notice from PanTerra Gold that it intents to withdraw from the current option agreementon New Polaris Gold Mine Project. PanTerra has informed Canarc that the commercial objectives of the parties, as stipulated in the Agreement, will not be able to be achieved based on the current negative attitude of the Dominican Republic Government’s Ministry of Energy and Mines to allow the [...]
Canarc Resource announces that it has commenced a 3D-IP geophysical survey at its Windfall Hills property located 65 kilometres (km) south of Burns Lake in central BC. The survey is intended to detect IP chargeability highs related to gold bearing, bulk tonnage, stock-work and disseminated sulfide mineralization and resistivity lows related to quartz-feldspar-clay alteration in the area of Canarc’s recent drill discovery [...]
Vancouver, British Columbia (FSCwire) - Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, Frankfurt: CAN) (the “Company”) announces that after having received regulatory approvals, it has closed the definitive agreement with Eureka Resources Inc. (TSX-V: EUK), pursuant to which Canarc has an exclusive option to acquire up to a 75% interest in the FG Gold Property (the “Property”) located approximately 100 kilometres east of [...]
Vancouver, British Columbia (FSCwire) - Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, Frankfurt: CAN) (the “Company”) announces the signing of an agreement with Eureka Resources Inc. (TSX-V: EUK) (“Eureka”) which grants Canarc an exclusive option (the “Option”) to acquire up to a 75% interest in the FG Gold Property (the “Property”) located approximately 100 kilometres east of Williams Lake in central British Columbia [...]