Canarc Arranges CAD$1.44 Million Flow-Through Private Placement Financing

Canarc Resource Corp. (TSX: CCM, OTC-QB: CRCUF, Frankfurt: CAN) (“Canarc” or the “Company”) announces that it has arranged and closed a non-brokered private placement of flow-through common shares (“FT Shares”) for aggregate gross proceeds to the Company of CAD$1.44 million (the “Offering”).   The Company has issued an aggregate of 23,729,856 FT Shares pursuant to the […]

Canarc Amends Option Agreement on Princeton Gold Property, BC

Canarc Resource Corp. (TSX: CCM, OTC-QB: CRCUF, Frankfurt: CAN) announces that it has reached an agreement with Universal Copper Ltd. (formerly Tasca Resources Ltd.) and Sydney Wilson to modify the terms of its previously-announced option agreement dated December 20, 2018 to acquire an 80% interest in the 14,650 hectare Princeton Gold property located in southern […]

Canarc Announces Results of its Annual General Meeting

Canarc Resource Corp (TSX: CCM, OTC-QB: CRCUF, Frankfurt: CAN) announces the voting results from its Annual General Meeting held on June 27, 2019 in Vancouver, British Columbia.  Shareholders voted in favour of all items of business including the re-election of five existing directors. Voting results for directors were as follows: Directors Votes For Votes Withheld […]

Canarc Reviews Results of Airborne Geophysical Surveys Flown Over the Hard Cash Property in Nunavut

Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, Frankfurt: CAN) reviews the results of the airborne magnetic and radiometric geophysical surveys flown by Geotech Airborne Geophysical Surveys late last year over the Hard Cash Property in Nunavut. Scott Eldridge, Canarc CEO commented, “The new geophysical data has been very helpful in tracing the key structures that appear […]

Canarc Receives Government Land Use Permit for Multi-Phase Exploration on the Hard Cash Gold Property in Nunavut, Canada

Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, Frankfurt: CAN) announces that it has received the Government Land Use Permit for multi-phase exploration on the Hard Cash Gold Property 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 […]

Canarc Announces the Filing of New Polaris Preliminary Economic Assessment Report

Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, Frankfurt: CAN) announces the filing of the NI 43-101 preliminary economic assessment report (“PEA”) which was completed by Moose Mountain Technical Services (Moose Mountain”) for the high-grade New Polaris gold mine in northwestern British Columbia. The report has been filed on SEDAR and is also available on Canarc’s website […]

Canarc Announces Robust Preliminary Economic Assessment on the New Polaris Gold Mine Delivering Post Tax IRR of 38%

Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, Frankfurt: CAN) announces the completion of an updated NI 43-101 preliminary economic assessment report (“PEA”) by Moose Mountain Technical Services (Moose Mountain”) for the past producing, high-grade New Polaris gold mine project in northwestern British Columbia. Scott Eldridge, Canarc’s CEO, stated: “This new PEA establishes significantly improved economics for […]

Canarc Summarizes 2018 Results and Outlines Plans for 2019

Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, Frankfurt: CAN) highlights the results of its 2018 activities and outlines its 2019 plans for continued growth by advancing its gold exploration projects in the USA and Canada. 2018 Highlights 2019 Plans New for 2019, Canarc will pursue three main strategies to create shareholder value: Canada USA Canarc […]

Canarc Completes Airborne Geophysical Survey Over the Newly Acquired Hard Cash Gold Property in Nunavut, Canada

Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, Frankfurt: CAN) announces the completion of a 970 line-km airborne magnetic and radiometric survey over the newly acquired 2,090 hectare Hard Cash Gold Property, located in southwestern Nunavut, Canada. Scott Eldridge, Canarc’s CEO, stated: “Since identifying Hard Cash late last year as a district scale gold exploration opportunity, […]