News

News

Review of Second Quarter and Outlook for Third Quarter of 2010


July 29, 2010

Vancouver, Canada – July 29, 2010 - Bradford Cooke, Chairman and CEO of Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, DB-Frankfurt: CAN), is pleased to provide the following review of Canarc’s progress in the second quarter, and its plans for the third quarter of 2010.

Q2 Review

Q3 Outlook

Management continues to seek strategic alternatives such as a joint venture or other means to advance the New Polaris high grade gold mine project to mine development and a full feasibility study.  Discussions are currently underway with a junior mining company and an investor group.

We also continue to pursue new opportunities for growth by evaluating attractive gold projects in the USA and Canada for acquisition where management’s exploration and mining experience can add value. Discussions are currently underway regarding the possible acquisition of a dormant open pit, heap leach gold mine. 

Canarc Resource Corp. is a growth-oriented, gold exploration company listed on the TSX (CCM) and the OTC-BB (CRCUF).  Canarc is currently focused on advancing its New Polaris gold mine project in north-western British Columbia to the feasibility stage, exploring the large Tay LP property and acquiring attractive gold exploration and mining projects in North America.  Barrick Gold Corp. is a shareholder.

CANARC RESOURCE CORP.
Per:

/s/ Bradford J. Cooke

Bradford J. Cooke
Chairman and C.E.O.

For more information, please contact Gregg Wilson at Toll Free: 1-877-684-9700, tel: (604) 685-9700, fax: (604) 685-9744, email: [email protected] or visit our website, www.canarc.net.  

CAUTIONARY DISCLAIMER – FORWARD LOOKING STATEMENTS
Certain statements contained herein constitute "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995.  All statements that are not historical facts, including without limitation statements regarding future estimates, plans, objectives, assumptions or expectations of future performance, are "forward-looking statements". We caution you that such "forward-looking statements" involve known and unknown risks and uncertainties, as discussed in the Company's filings with Canadian and United States securities agencies.  The Company expressly disclaims any obligation to update any forward-looking statements other than as required by applicable law. We seek safe harbour.

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Canarc Appoints US Exploration Manager
May 2, 2017
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Apr 24, 2017
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Mar 21, 2017
Canarc Closes Acquisition of Nevada Gold Assets
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Mar 3, 2016
Canarc Closes $1.6 M First Tranche of Private Placement Financing
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Feb 1, 2016
Canarc Leases Permitted “La Plata” Processing Plant in Zacatecas Mexico
Jan 19, 2016
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Canarc Appoints New Board Member
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Canarc Provides Additional Information Regarding TSX Continued Listing Review
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Feb 24, 2014
Canarc Resource and Pan American Goldfields Sign Letter of Intent With Respect to a Business Combination
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Canarc Announces Retirement of VP Exploration
Jan 31, 2014
Canarc Closes Fully Subscribed Private Placement Financing
Jan 14, 2014
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Canarc Appoints New Director
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May 15, 2013
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Mar 4, 2013
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Feb 4, 2013
Canarc Forms Strategic Mine Acquisitions Partnership With Canford
Jan 21, 2013
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Canarc Arranges Cdn$200,000 Demand Loan from Directors and Employees, Grants Stock Options to Directors, Employees and Consultants
Dec 7, 2011
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Canarc Stakes Two More Gold Properties in Central British Columbia
May 19, 2011
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May 2, 2011
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Apr 25, 2011
Canarc Options Two Gold Properties Northwest of Richfield’s Blackwater Gold Discovery in Central British Columbia
Apr 12, 2011
Canarc Updates Preliminary Economic Assessment of New Polaris Gold Mine Project in Northwestern BC
Mar 21, 2011
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Feb 25, 2011
Canarc Closes $300,000 Convertible Debenture
Feb 7, 2011
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Feb 2, 2011
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Jan 31, 2011
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Dec 21, 2010
Canarc Agrees to Purchase the Relief Canyon Gold Mine Assets in Nevada;
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Nov 3, 2010
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Oct 12, 2010
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Aug 24, 2010
Canarc’s Tay-LP Option Agreement with Cap-Ex Ventures Receives TSX-V Acceptance
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Canarc Resource Corp Shareholder Update First Quarter Review and Second Quarter Outlook, 2010
Mar 31, 2010
Canarc Options TAY–LP Gold Property to Cap-Ex Ventures; Review of 2009 and Outlook for 2010
Jan 6, 2010
Canarc Updates NI 43-101 Preliminary Economic Assessment Report, Improves Project Economics for the New Polaris Gold Mine Project, BC
Nov 12, 2009
Canarc Resource Drill Program Intersects Gold at Tay–LP Property, Yukon
Nov 9, 2009
Canarc Closes CA$37,350 in Private Placement Financing
Nov 2, 2009
Canarc Arranges CA$40,000 in Private Placement Financing
Oct 26, 2009
Canarc Closes CA$960,000 in Two Private Placement Financings
Oct 15, 2009
Canarc Resource Corp Shareholder Update Third Quarter Review 2009
Sep 15, 2009
Canarc Commences Drill Program on Tay-LP Gold Property, Yukon Territory
Sep 9, 2009
Canarc Arranges CA$900,000 in Private Placement Financings
Aug 25, 2009
Canarc Acquires TAY–LP Gold Property in the Tintina Gold Belt, Yukon
Jul 29, 2009
Shareholder Update and Second Quarter Review 2009
May 11, 2009
Canarc Arranges CA$62,000 Loan Financing with Directors and Officers
Apr 2, 2009
Canarc Resource Corp: Caza Gold to Acquire Two Large Gold Exploration Properties in Mexico; Offers to Purchase 30% of the Moris Gold Mine in Chihuahua, Mexico;
Mar 27, 2009
Canarc Resource News Release
Feb 17, 2009
Canarc Resource Corp. Shareholder Update: Review of 2008 and Outlook for 2009
Jan 7, 2009
Canarc Announces Improved Economic Outlook for New Polaris Gold Mine Project
Dec 1, 2008
Canarc Closes $100,000 Private Placement Financing
Nov 12, 2008
Shareholder Update
Third Quarter Review 2008
Nov 10, 2008
Canarc Revises Terms of Private Placement Financing
Sep 30, 2008
Canarc Arranges CA$600,000 Private Placement Financing
Sep 29, 2008
Caza Gold Retires $300,000 Debt Financing; Options Los Angeles Gold Properties in Chihuahua, Mexico; Raises $1,155,000 Equity Financing; Drills Los Arrastres Properties in Guanajuato, Mexico;
Aug 6, 2008
Second Quarter Review 2008
Jun 18, 2008
TSX Approves Caza Gold Spin-Out By Way of a Plan of Arrangement
Jun 10, 2008
Canarc Announces Appointments of New President and COO, and New Director to the Board
May 13, 2008
First Quarter Review 2008
Apr 30, 2008
Canarc Shareholders Approve All Resolutions at Annual and Special General Meeting Held on April 29, 2008 in Vancouver, Canada, Including Special Resolution to Spin-Out Mexican Gold Projects to Subsidiary “Caza Gold Corp.” and Distribute Caza Shares to Canarc Shareholders
Mar 3, 2008
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Jan 23, 2008
Shareholder Update
Nov 19, 2007
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Oct 9, 2007
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Aug 20, 2007
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Jul 30, 2007
Shareholder Update - Second Quarter Review 2007
Jul 25, 2007
Canarc Closes CA$1.1 Million Private Placement Financing
Jun 25, 2007
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Jun 21, 2007
Notice of Move
May 16, 2007
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May 1, 2007
Shareholder Update - First Quarter Review 2007
Mar 20, 2007
Canarc Acquires Options to Purchase Providencia and Los Arrastres Gold-Silver Projects In Guanajuato State, Mexico
Feb 20, 2007
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Feb 14, 2007
Canarc Sampling Returns 39.7 gpt and 9.3 gpt Gold Over 2 m Widths From New Vein Discovery On Benzdorp Project, Suriname
Feb 1, 2007
Canarc Reports Updated NI 43-101 Resource Estimate For New Polaris Gold Project, British Columbia
Jan 30, 2007
Canarc Makes Two New Appointments To Senior Management Team
Jan 16, 2007
Shareholder Update: Review of 2006 and Outlook for 2007
Dec 12, 2006
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Nov 21, 2006
Canarc Drilling Intersects Additional High Grade Visible Gold Mineralization at New Polaris Property, BC.
Oct 25, 2006
Third Quarter Review 2006 October 25, 2006 Vancouver, Canada
Oct 23, 2006
Drilling Continues To Outline High Grade Gold Mineralization At New Polaris Project, BC
Oct 19, 2006
Canarc Closes Two Private Financings Totaling CA$4 Million
Oct 3, 2006
Drilling Returns Additional High Grade Gold Intercepts From New Polaris Project, BC
Sep 28, 2006
Canarc To Raise Up To CA$4.1 Million in Two Private Placements
Sep 25, 2006
Drilling Intersects 23.1 gpt Gold Over 16.5 m at New Polaris Project
Sep 18, 2006
Visible Gold Intersected In Drill Hole At New Polaris Project, BC
Sep 14, 2006
News Release
Aug 21, 2006
Drilling Returns Best Holes Yet At New Polaris Project, BC
Aug 8, 2006
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Jul 18, 2006
SHAREHOLDER UPDATE: Second Quarter Review 2006
Jul 5, 2006
Additional High Grade Drill Results From New Polaris Property, B.C. Shareholders Re-Elect Board of Directors
Jun 20, 2006
Canarc Reports High Grade Gold Intercepts From First Seven Drill Holes Of Phase 3 Infill Drill Program On New Polaris Property, B.C.
May 17, 2006
Canarc Transfers Interest in Sara Kreek Project, Suriname; Major Infill Drilling Program Now Underway At New Polaris Property, B.C.
Apr 18, 2006
Shareholder Update: First Quarter Review 2006
Mar 20, 2006
Canarc Closes CA$3.5 Million Flow-Through Financing...
Mar 7, 2006
Canarc Identifies Several New Gold Prospect Areas On The Benzdorp Property, Suriname
Feb 23, 2006
Canarc To Raise CA$3.1 Million in Two Flow-Through Private Placements
Feb 6, 2006
Bellavista Gold Mine Reaches Commercial Production
Feb 1, 2006
Shareholder Update: Review of 2005 and Outlook for 2006
Jan 25, 2006
Canarc Plans CA$ 2.7 Million, Phase 3 In-Fill Drilling Program
Jan 10, 2006
Canarc Appoints Jack McClintock President And C.O.O.
Dec 14, 2005
Additional High Grade Gold Drill Intercepts Confirm C Vein Continuity on New Polaris Property, British Columbia
Dec 7, 2005
High Grade Gold Intersected by Phase 2 Infill Drilling on New Polaris Property, British Columbia
Nov 10, 2005
Shareholder Update: Third Quarter Review 2005
Oct 25, 2005
Canarc Commences Phase 2 In-Fill Drilling Program at New Polaris Project, BC
Aug 11, 2005
Shareholder Update: Second Quarter Review 2005
Jun 21, 2005
Exploration Work Resumes on Benzdorp Project, Suriname
Jun 1, 2005
Shareholders Approve Board Election, Shareholder Rights Plan, Changes to Articles, And Other Resolutions; Management Team Strengthened
May 26, 2005
Board Resignation and Appointment
Mar 29, 2005
Metallurgical Testwork Indicates Excellent Gold and Copper Recoveries For JQA Mineralization, Benzdorp Property, Suriname
Mar 21, 2005
Final 2004 Drill Results Return Significant Gold Intercepts From JQA Prospect, Suriname
Mar 16, 2005
Shareholder Update: First Quarter Review 2005
Feb 23, 2005
Shareholder Update: Overview of 2004 and Outlook for 2005
Feb 15, 2005
Bellavista Mine Construction Nearing Completion, Gold Production to Commence in Q2, 2005
Feb 9, 2005
Metallurgical Testing of New Polaris Ores Improves Gold Recoveries to 95%
Jan 12, 2005
Drilling Intersects Multiple High Grade Gold Zones Including 0.93 opt Over 26.4 ft On New Polaris Property, B.C.
Dec 19, 2004
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Dec 14, 2004
Phase 1 In-Fill Drilling Program Returns Multiple High Grade Gold Intercepts From New Polaris Property, B.C.
Oct 13, 2004
Canarc Commences Phase 1 In-Fill Drilling Program At New Polaris Project, BC; Raises CA $487,500 In Flow-Through Private Placement Financing
Sep 29, 2004
Canarc Reports Significant Copper Values From Deep Drilling at Benzdorp; Receives Expression of Interest From Major Gold Companies
Sep 9, 2004
Canarc Appoints New Director And New Advisor To The Board; Forms Special Committee To Explore Alternatives To Enhance Shareholder Value
Aug 11, 2004
Deep Drilling Results Extend Porphyry Gold Mineralization at Benzdorp Property
Jul 13, 2004
SHAREHOLDER UPDATE: Second Quarter Review 2004
Jul 6, 2004
Additional Deep Drilling Results Confirm Broad Zone of Porphyry Gold Mineralization at Benzdorp
Jun 22, 2004
Canarc Shareholders Re-elect Directors, New Appointments to Management Team
Jun 3, 2004
Drilling Extends Porphyry Gold Mineralization 350m Deep at JQA Prospect on Benzdorp Property , Suriname
May 9, 2004
It's a Bull Market Stupid! - Eric Hommelberg
Apr 29, 2004
Shareholder Update - First Quarter Review 2004
Apr 12, 2004
Resource World Broker’s Picks - Dorothy Hoffert
Apr 1, 2004
Canarc Resource Corp: Ready for Launch? - Eric Hommelberg
Mar 17, 2004
Gold-Copper Porphyry Mineralization in JQA Prospect Area Expanded by Final 2003 Drill Results on Benzdorp Property, Suriname
Feb 18, 2004
Canarc and Grassalco Complete the Incorporation of Benzdorp Gold N.V.
Feb 5, 2004
Bradford J. Cooke, President and CEO of Canarc Resource Corp., provides shareholders with the following overview of 2003 and the outlook for Canarc in 2004.
Jan 30, 2004
Canarc featured on BTV. You will need the Real Player to view the video.
Dec 23, 2003
Drill Results From JQW Prospect and Copper Assays From JQA Area, Benzdorp Property , Suriname ; Additional Private Placement Flow Through Financing
Dec 2, 2003
Drilling Intersects Additional Porphyry Gold Mineralization At JQA Prospect
Nov 25, 2003
More Drill Results from JQA Prospect
Nov 7, 2003
Canarc Closes $3 Million in Private Placement Financings
Oct 27, 2003
SHAREHOLDER UPDATE - Third Quarter Review 2003
Oct 20, 2003
Additional Porphyry Gold Drill Intercepts From JQA Prospect, Benzdorp Property, Suriname
Oct 1, 2003
Canarc Agrees to CA $3 Million Private Placement
Aug 12, 2003
First Four Drill Holes Intersect Porphyry-Type Gold-Copper Mineralization In JQA Prospect OnBenzdorp Property, Suriname - NEWS ANNOUNCEMENT
Jul 17, 2003
PHASE 1 DRILLING PROGRAM NOW UNDERWAY ON BENZDORP PROPERTY, SURINAME
Jul 14, 2003
SHAREHOLDER UPDATE - Second Quarter Review 2003
Jun 9, 2003
FINAL TRANSFER OF BENZDORP PROPERTY TO CANARC’S SUBSIDIARY NOW COMPLETED
May 15, 2003
Engineering And Resource Studies Now Underway On New Polaris Gold Mine Project, B.C.
May 6, 2003
Two Large New Gold Anomolies Found on Benzdorp Property, Suriname
Apr 26, 2003
SHAREHOLDER UPDATE - Benzdorp Property Visit
Apr 15, 2003
Shareholder Update: Significant new developments were achieved in several areas over the past three months
Dec 16, 2002
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SHAREHOLDER UPDATE
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Canarc Closes $500,000 Private Placement Financing
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Shareholder Update: Second Quarter 2002, Sep 30, 2002
Jun 5, 2002
Updates on the Bellavista and New Polaris Projects
May 15, 2002
Shareholder Update: First Quarter 2002, May 15, 2002
Apr 23, 2002
Shareholder Update: Annual Report 2001, Apr 23, 2002
Feb 4, 2002
Shareholder Update: Review of 2001 and Outlook for 2002, Feb 04, 2002 February 04, 2002
Oct 12, 2001
Shareholder Update: Third Quarter Review, 2001, Oct 12, 2001
Jul 5, 2001
Shareholder Update: Second Quarter Review, 2001, Jul 05, 2001

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