Vancouver, BC – November 19, 2007 – Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, DBFrankfurt: CAN) announces that it plans to spin-out its Mexican gold projects to a wholly-owned subsidiary company, Caza Gold Corp., and distribute approximately 80% of its shares of Caza Gold pro rata to Canarc shareholders under a Plan of Arrangement.The purpose […]
Bradford Cooke, Chairman and CEO of Canarc Resource Corp. (CCM: TSX, CRCUF: OTC-BB, CAN: DBFrankfurt), provides the following review of the 3rd quarter 2007 and the outlook for Q4, 2007. Third Quarter Highlights Announced positive results from an independent preliminary economic assessment of the New Polaris gold mine project in northwestern BC; Received an award […]
Vancouver, Canada – September 20, 2007 – Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, DBFrankfurt: CAN) announces an option and joint venture agreement with EXMIN Resources Inc. (TSXV: EXM) to extend the land holdings of Canarc’s Santiago Gold Project located in the Batopilas district, Chihuahua state, Mexico. Canarc can acquire up to a 75% interest […]
Vancouver, Canada – August 20, 2007 – Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, DBFrankfurt: CAN) announces that a preliminary assessment of building an 80,000 oz per year gold mine at the New Polaris property in northwestern BC has now been completed with positive results. At a US$650 per oz gold price, the project generates […]
Bradford Cooke, Chairman and CEO of Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, DBFrankfurt: CAN), provides the following review of the 2nd quarter 2007 and the outlook for Q3, 2007.Second Quarter ReviewIn Q2 2007, Canarc remained focused on the pre-feasibility program for the New Polaris gold mine project, including dewatering the underground mine workings, finalizing […]
Vancouver, Canada – July 25, 2007 – Canarc Resource Corp. (TSX: CCM: OTC-BB: CRCUF, DBFrankfurt: CAN) announces that it has now closed the recently announced non-brokered private placement equity financing for a total of CA$1.1 million.The private placement consisted of 2,200,000 units priced at CA$0.52 each for gross proceeds of CA$1,144,000. Each unit consisted of […]
Vancouver, Canada – June 25, 2007 – Canarc Resource Corp. (TSX: CCM: OTC-BB: CRCUF, DBFrankfurt: CAN) announces that it has arranged a non-brokered private placement equity financing for up to CA$1 million.The private placement consists of up to 2,000,000 units priced at CA$0.52 each for gross proceeds of up to CA$1,040,000. Each unit consists of […]
Vancouver, Canada – May 16, 2007 – Canarc Resource Corp. (TSX: CCM: OTC-BB: CRCUF, DBFrankfurt: CAN) announces that it has acquired an option to purchase a 100% interest in the Santiago gold project, located 12 km east of the town of Batopilas in the state of Chihuahua, Mexico.The contiguous Santiago, Santiago II and Sanchez properties […]
Bradford Cooke, Chairman and CEO of Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, DBFrankfurt: CAN) provides the following review of the First Quarter 2007 and the outlook for the Second Quarter.First Quarter ReviewIn Q1 2007, Canarc announced positive year-end results from both the New Polaris gold mine and Benzdorp gold exploration projects. The Company closed […]
Vancouver, Canada – March 20, 2007 – Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, DBFrankfurt: CAN) announces that it has acquired options to purchase the Providencia and Los Arrastres gold-silver projects located near the town of San Felipe in the state of Guanajuato, Mexico.The 112 hectare Providencia and San Felix mine properties cover two small […]