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Canarc Resource Corp (CRCUF)

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Canarc Resources Corp.                                                                                                                                                                                                                         TSX-V:CCM - OTC-BB:CRCUF
Canarc Resource Corp. is a growth-oriented, gold exploration company focused on building
shareholder value by discovering and developing gold mines throughout North America.

        Canarc's current ongoing project priorities include;

Advancing its fully permitted high grade, underground El Compas gold-silver mine in Zacatecas, Mexico to production.

Advancing the development of its core asset, the New Polaris gold mine project, a past producing, high grade gold property in
northern British Columbia to feasibility and production.
Drilling the attractive Tay LP gold property located in the hot Tintina Gold Belt in south-central Yukon.
Exploring the prospective Windfall Hills gold property, and several other gold properties in the region of the 1.8 million oz Blackwater gold
discovery in central British Columbia.

**Canarc is currently negotiating with poteintial joint venture partner(s) to secure the funding to advance the 1.15M oz. New Polaris gold mine
project to the feasibility stage, and also to acquire strategic new gold mine assets for near-term production.**

Canarc is listed on the Toronto Stock Exchange (symbol CCM), the OTC Bulletin Board (symbol CRCUF), and the Frankfurt Stock Exchange (symbol CAN).

As of December 31, 2011, Canarc owned or held, directly or indirectly, interests in several precious metal properties, such as New Polaris property in British Columbia; Tay-LP property in the Yukon; Windfall Hills properties, British Columbia; Devils' Thumb property, British Columbia, and Eskay Creek property in British Columbia. New Polaris is an early tertiary mesothermal gold mineralized body located in northwestern British Columbia about 100 kilometers south of Atlin, British Columbia. The Tay-LP project is a gold exploration project, covering an area of approximately 8150 hectares, located in south-central Yukon. In May 2011, it staked three gold properties, known as Devil's Thumb, totaling 17,175 hectares.                                        

Canarc Resource Corp.:
A gold exploration and mining company focused on growth by acquiring, discovering,

exploring and developing strategic gold deposits in North America.

Experienced Management:
Our team has found, built and operated gold and silver mines all over North America,

and Canarc shares two common directors with Endeavour Silver Corp.  cool

Core Assets:

The fully permitted high grade, underground El Compas gold-silver mine in Zacatecas, Mexico

The high grade 1.15 million oz New Polaris gold mine project in north-western

British Columbia, Canada is now ready for feasibility and development.

Growth Plan:

Advancing its fully permitted high grade, underground El Compas gold-silver mine in Zacatecas, Mexico to production.

Form a joint venture ASAP to advance New Polaris to feasibility and production, minimize shareholder dilution
and free up management time to acquire and explore new gold projects


Investment Opportunity:
Canarc's enterprise value is currently US $5 per oz, one of the lowest of 40 gold
resource companies recently surveyed by Canaccord!  yes



Veiw Canarc's corporate profile here;

Veiw Canarc's latest corporate presentation here;

Veiw Canarc's most recent resource facts, owned properties, management team, and share structure here;






Canarc Resource Corp.
#301-700 West Pender Street
Vancouver, BC
V6C 1G8

For more information contact:

Investor Relations
Tel. 1-604-685-9700
Toll Free: 









Bradford Cooke, M.Sc., P.Geo.
Chairman and Founder

  • Professional geologist with 36 years experience in the mining industry, specializing in the discovery and development of mineral deposits.
    B.Sc. Geology degree (Honors), Queens University, Kingston ON, 1976
    M.Sc. Geology degree, University of British Columbia, Vancouver BC, 1984.
    From 1976 to 1982, worked as project geologist managing mineral exploration programs for uranium, base metals and precious metals across Canada for Noranda Mines, Shell Minerals and Chevron Minerals.
    Between 1983 and 1987, owned and operated Cooke Geological Consultants Ltd., discovering and developing several high grade gold vein deposits for clients in British Columbia.
    In 1988, launched Canarc Resource Corp. and has overseen its growth since that time, acquiring, financing, exploring and developing gold mining properties throughout North, Central and South America.
    Participated in several grass roots gold discoveries over the past 27 years.
    Published several geological/geochemical papers in leading technical journals.
    Member in good standing of the Association of Professional Engineers and Geoscientists of British Columbia, The Canadian Institute of Mining and Metallurgy, The Prospectors and Developers Association of Canada, the B.C.- Yukon Chamber of Mines, and a Fellow of the Geological Association of Canada.


Catalin Chiloflischi, B.Com.
Chief Executive Officer, CEO

  • Professional economist with 20 years of experience in business development, mergers and acquisitions, corporate finance, communications, governance and sustainability in Canada, US, Europe and Asia.  
    Graduated from the Academy of Economic Studies in Bucharest, Romania with a B.Com. Degree in Business Administration and Economics in 1997 and has since completed several professional programs in capital markets, business strategy and corporate governance.
    Prior to joining Canarc was Director of Corporate Communications with Aurcana Corporation from 2012-2014 and served in a similar role for Selwyn Resources Corporation from 2010-2012
    From 2001-2012 worked as an industry analyst with a $3.5 Billion investment fund. 
    He was instrumental in raising over CA$175 million in joint venture, equity and debt financings for mineral resource projects since 2010.

Garry Biles, P. Eng.,
President and COO

Mr. Biles is a professional engineer with more than 38 years experience, including 16 years as General Manager of 4 producing mines
Bachelor of Metallurgical Engineering, Technical University of Nova Scotia, 1972
From 1975 to 1994 held Superintendent and General Manager positions for a number of Canadian mining operations including Falconbridge, Cypress Anvil, Corona and Claude Resources
From 1994 to 2002 started as Mine Manager eventually becoming General Manager of Barrick's rich Eskay Creek mine in Smithers, BC
From 2003-2006 was the General Manager of the Bellavista gold mine in Costa Rica for Glencairn Gold, where he supervised the development from start-up through to commercial production in 2006.
Has excelled at maximizing gold mining operations, achieving production and cost targets and establishing excellent track records for safety first, environmental leadership and strong relations with employees and First Nations.

Philip Yee, M.B.A., C.P.A., C.G.A.
VP Finance and CFO

  • Professional accountant with MBA and MEng (Mining) degrees and with over 24 years of experience in corporate management, regulatory reporting, accounting, auditing and taxation.
    BComm degree, University of British Columbia
    MBA degree, City University
    MEng (Mining) degree, University of Arizona
    Achieved professional qualifications as CPA, CGA, CMA, CMC, CIA, CFE and MAusIMM.
    From 1988 to 1997, acted as controller, treasurer and/or associate for Canadian Connection Group, Can-Chi Group and Corporate House, responsible for all accounting, reporting and management functions for private and public companies.
    From 1997 to 2003 acted as Controller for Augusta Group, overseeing all accounting and reporting activities for publicly-listed mineral exploration companies.
    Has acted as Chief Financial Officer, Vice-President (Finance) and/or Controller for Canarc Resource Corp. (since 2003), Aztec Metals Corp. (since 2003), Endeavour Silver Corp. (from 2003 to 2007) and Parallel Resources Ltd. (from 2009 to 2011).

James Moors, B.Sc., P.Geo.
Exploration Consultant

  • Professional geologist with 24 years experience in the mining sector, specializing in exploration and  evaluation of precious metal deposits.
    B.Sc. Geology (Honours) degree, University of Waterloo ON, 1988.
    Early in his career worked with junior and major companies exploring for precious and base metal deposits in northern Ontario, Nunavut, and the Iskut River area of northern B.C.
    Joined Canarc Resource Corp. in 1993 as Project Geologist for the New Polaris Property and numerous gold exploration projects in Venezuela.
    Between 1995 and 1999, evaluated and managed precious metal exploration projects for Homestake Canada Inc. at the Snip Mine property and near the Eskay Creek Mine in the Iskut River area of northwestern BC.
    Director of Information for the British Columbia &Yukon Chamber of Mines, managing database, communications, and education programs until 2002.
    Returned to Canarc and Endeavour Silver Corp. in 2002 to manage property evaluations, exploration programs, and computer applications.
    Served as President for Geoscientists Canada (Canadian Council of Professional Geoscientists) 2010-2011

Martin Burian, CA, CBV

  • Chartered Accountant and Chartered Business Valuator with over eighteen years of investment banking experience. 
    Extensive knowledge and expertise in corporate finance and advisory services, including M&A in mineral exploration and mining. 
    Managing Director of Investment Banking at Haywood Securities Inc. from 2010 until mid-2013, prior to which he served as President of Bolder Investment Partners from 2009 until its merger with Haywood Securities in 2010. 
    Graduated with a Bachelor of Commerce degree from the University of British Columbia in 1986 and obtained his Chartered Accountant and Chartered Business Valuator designations while working with KPMG. 

Leonard Harris, Metallurgical Engineer

  • Professional engineer with 50 years experience in all aspects of mineral processing and mining operations world wide, including the construction of the Yanacocha gold mine in Peru.
    Metallurgy diploma, Mount Morgan Technical College, Queensland, AU, 1949.
    From 1943 to 1974, acted as metallurgist in various mining operations in Australia, Ghana and Peru, with Mount Morgan, MIM, Radium Hill, Tarkwa and Aboso Mines, Cerro de Pasco, Texada and Cerro Corp.
    Between 1974 and 1995, was senior executive with Newmont Mining including VP, Research and Development, VP Metallurgical Operations, VP Newmont Latin America and President, Newmont Peru, responsible for the construction and operation of the Yanacocha Gold Mine, which is today one of the largest gold mines in the world.
    Since 1995, consultant and Director of several small cap mining companies including Glamis Gold, Solitario Resources, Alamos Minerals, Corriente Resources, Cardero Resources, Canarc Resource Corp. and Endeavour Silver Corp.


Bruce Bried, B.Sc., P.Eng.

  • Professional engineer with over 30 years of experience in the mining industry in various capacities in Engineering, Operations and Reclamation, specializing in underground vein gold and silver mines.
    B.Sc. Mining Engineering, Colorado School of Mines, Golden CO, 1979.
    His significant experience in the last ten years has been VP Operations for Endeavour Silver Corp., General Manager for Kinross Gold USA Inc., at the Lupin Mine, General Manager of the Lead Mine in South Dakota and the Snip Mine in British Columbia for Homestake Mining Company.
    Prior to that he was the Mine Superintendent at Eskay Creek in British Columbia for Homestake and Chief Engineer and Mine Superintendent at the David Bell Mine.


Stock Exchanges  TSX: CCM,     OTC:BB: CRCUF,     Frankfurt: CAN
Shares Issued 152.4 million  (Share information presented is as of 6/30/2014)
Warrants and Options 45 million       (Share information presented is as of 6/30/2014)
Fully Diluted 197 million     (Share information presented is as of 6/30/2014)
Share Price (US$) low $0.0327 (12/23/13) - high $0.24 (2/12/13)
Insider positions                    12%
Unlimited common shares available
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
Current Price
Bid Ask Day's Range
CRCUF News: Report of Foreign Issuer (6-k) 09/27/2016 10:12:50 AM
CRCUF News: Report of Foreign Issuer (6-k) 09/13/2016 08:18:29 AM
CRCUF News: Report of Foreign Issuer (6-k) 09/12/2016 08:21:26 AM
CRCUF News: Report of Foreign Issuer (6-k) 08/25/2016 09:05:12 AM
CRCUF News: Report of Foreign Issuer (6-k) 08/16/2016 12:41:38 PM
#1524  Sticky Note Eureka Announces Closing of Grant of Option on Gaintrader 09/12/16 08:22:16 AM
#1541   + 8,33 % CAD 0,13 (+ 0,01) marcelh 10/06/16 12:11:47 PM
#1540   canarc upsomething is going on here - gold, marcelh 10/06/16 12:09:36 PM
#1539   NP could be a good project, but the wshaw14 10/05/16 01:26:23 AM
#1538   Please understand Carnac has wanted out of this Gaintrader 09/27/16 09:27:39 AM
#1537   This company is sh*t! Deal after deal unsuccessful. silvereagle123 09/27/16 07:52:04 AM
#1536   PanTerra Withdraws from the Option Agreement for New Gaintrader 09/27/16 07:42:40 AM
#1535   The accuracy of that article about Canarc is Gaintrader 09/23/16 05:36:05 PM
#1533   We have good volume here today eddyimano 09/22/16 03:49:06 PM
#1532   I have no bitter attitude and have no wshaw14 09/21/16 12:13:02 PM
#1531   Where I can reluctantly respect the opinions you Gaintrader 09/21/16 11:11:43 AM
#1530   These are the kinds of properties that miners wshaw14 09/21/16 09:43:02 AM
#1529   Even in the very unlikely scenarios of the Gaintrader 09/21/16 09:36:14 AM
#1528   With .776 au M&I average and .718 au wshaw14 09/21/16 05:01:02 AM
#1527   NEWS 13.9. Canarc Commences Geophysical Survey at Windfall marcelh 09/14/16 08:36:36 AM
#1526   CRCUF 8-K 9/12/16... The Strategy; Gaintrader 09/13/16 07:12:11 AM
#1524   Eureka Announces Closing of Grant of Option on Gaintrader 09/12/16 08:22:16 AM
#1523   I hope one day soon something happens here. eddyimano 09/08/16 08:11:00 PM
#1522   CRCUF is on fire today..somebody must know something..look shotgun 09/08/16 03:03:32 PM
#1521   On the new property, .776 au M&I average wshaw14 09/08/16 01:58:14 PM
#1520 MTpennystocks 09/08/16 09:35:48 AM
#1519   Exactly and bid comming on US too MTpennystocks 09/08/16 09:32:30 AM
#1518   something`s going on??? in germany frankfurt today about marcelh 09/08/16 09:17:42 AM
#1517   Stock investing rule #1: Never fall in love ConferredDiligence 09/07/16 04:30:01 PM
#1516   I told you people. Don't hang around stale silvereagle123 09/06/16 09:32:56 AM
#1515   I am not saying he does not do wshaw14 09/02/16 07:04:24 PM
#1514   Haha, good question! Maybe because EXK is Brad's silvereagle123 09/02/16 06:51:43 PM
#1513   Why he dies good job with EXK, but eddyimano 09/02/16 06:40:18 PM
#1512   I have no idea why they went for wshaw14 08/31/16 08:50:01 PM
#1511   I would suggest giving Brian Battison at Taseko horseshoes 08/31/16 11:34:19 AM
#1510   "with grades as low as those on this jmat1 08/31/16 11:10:57 AM
#1509   I am watching from the sidelines. The native wshaw14 08/31/16 04:34:12 AM
#1508   He knows how to get us all OLD silvereagle123 08/30/16 10:29:19 PM
#1506   Cooke must know something that shareholders aren't privy uudaman 08/30/16 10:08:49 PM
#1505   You would think they would have done their horseshoes 08/30/16 09:24:55 PM
#1504   I do agree with that statement. "it still wshaw14 08/30/16 03:43:46 PM
#1503   "In reality it has very little to nothing jmat1 08/30/16 02:02:41 PM
#1502   "I was hoping Canarc's management would acquire high jmat1 08/30/16 01:58:33 PM
#1501   CRCUF bullish 0.08 stocktrademan 08/30/16 12:03:48 PM
#1500   There is still a huge bid(s) at .085. IlliniTwig 08/29/16 10:06:47 AM
#1499   While a lot of what you say is wshaw14 08/28/16 03:47:59 PM
#1498   I have studied this property and its prospects. horseshoes 08/28/16 01:45:51 PM
#1497   Building a portfolio of good properties will always wshaw14 08/28/16 10:23:09 AM
#1496   I would have to agree with your assessment aringbearer 08/27/16 11:46:17 PM
#1495   I have studied this property and its prospects. wshaw14 08/26/16 09:45:09 PM
#1494   I will have to study this property in wshaw14 08/25/16 04:15:37 PM
#1493   And how does this deal enhance shareholder value? uudaman 08/25/16 12:47:12 PM
#1492 aringbearer 08/25/16 08:55:17 AM
#1491   Canarc Options FG Gold Property in Central BC Barnseller08 08/25/16 08:43:25 AM
#1489   Still sounds interesting... I like getting new ideas Gaintrader 08/19/16 07:19:13 PM
#1486   a few months ago i looked after small marcelh 08/18/16 04:33:10 PM