Eric HommelbergApril 12, 2004 When I wrote my piece “2003 – Year of the Juniors” in December of 2002 I said: “Profits of 100% to more than 1000% are in the pipeline next year if invested in high quality junior exploration companies!” Well, looking back now at 2003 all I can say is that fortunately […]
Canarc Resource Corp. announced today that engineering and resource studies are now underway on the New Polaris gold mine project in northwestern British Columbia. The purpose of the engineering study is to evaluate the various mine development alternatives and determine which options are the most economically viable. This work should allow the Board of Directors […]
Redcorp Ventures Ltd. announced Friday they have finally been granted a Project Approval Certificate by the B.C. provincial government to build their Tulsequah Chief copper-zinc-lead-silver-gold mine and access road in northwestern British Columbia . Redcorp now plans to carry out a drill program designed to expand their current 7.6 million tonne resource, update their feasibility […]
On November 1, Glencairn Gold Corp. announced that it had acquired the Bellavista gold project in Costa Rica from Wheaton River Minerals. This is good news for Canarc as Wheaton River had no plans to develop the proposed mine whereas Glencairn intends to move ahead with the project. Key to the transaction was a letter […]
Bradford Cooke, President and CEO of Canarc Resource Corp. provides shareholders with this review of the Third Quarter, 2002 and our plans for the Fourth Quarter.The most important development for Canarc over the past three months was the signing of an Amending Agreement with Grassalco to finally resolve all the outstanding issues regarding the Benzdorp […]
Canarc Resource Corp. (CCM:TSX and CRCUF:OTC-BB) has closed its recently announced $500,000 private placement financing. The net proceeds were added to working capital, which now stands at approximately CA $1.25 million. An aggressive machine trenching program is now set to get underway on the Benzdorp gold project in Suriname. The Company has expanded the program […]
Bradford Cooke, President and CEO of Canarc Resource Corp. presents shareholders with this review of the Second Quarter, 2002 and our plans for the Third Quarter. Over the past three months, Canarc continued to focus on negotiating with our partner Grassalco to resolve the outstanding issues regarding the Benzdorp property in Suriname. I am pleased […]
Vancouver, British Columbia, Canada, June 5, 2002 BellavistaThis week, Wheaton River Minerals Ltd. announced the sale of their interest in the Bellavista gold project in Costa Rica to Glencairn Explorations Ltd. Glencairn’s Board of Directors and management team are very experienced in the mining industry and knowledgeable with Bellavista in particular, having completed the feasibility […]
Bradford Cooke, President and CEO of Canarc Resource Corp. provides shareholders with this review of the First Quarter, 2002 and our plans for the Second Quarter. Over the past three months, Canarc has focused on only one project: negotiating with our partner Grassalco to resolve the outstanding issues regarding the Benzdorp property in Suriname. I […]
Bradford Cooke, President and CEO of Canarc Resource Corp. is pleased to provide shareholders with this review of the year 2001 and our outlook for 2002.IntroductionIn summary, the past year was one of consolidation and retrenchment in the gold mining industry. Large gold companies like Newmont, Franco Nevada and Normandy merged and some small gold […]