Fermer X Les cookies sont necessaires au bon fonctionnement de 24hGold.com. En poursuivant votre navigation sur notre site, vous acceptez leur utilisation.
Pour en savoir plus sur les cookies...
AnglaisFrancais
Cours Or & Argent en

Canarc Resource Corp.

Publié le 31 juillet 2017

Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada

( 0 vote, 0/5 ) Imprimer l'article
  Article Commentaires Commenter Notation Suivre la société  
0
envoyer
0
commenter
Mots clés associés :   Canada | Exploration | K Street | Mines | Report |

Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada

Vancouver, Canada � July 31, 2017 � Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, Frankfurt: CAN) is pleased to report that a recently completed surface rock-chip sampling and mapping program at its Fondaway Canyon property in Churchill County, Nevada has returned several high-grade gold values of over 5 gpt Au in multiple zones at surface.

Of the 42 surface rock-chip samples collected in June and July 2017, five samples assayed gold values of 10-24 gpt Au, eleven samples returned over 5 gpt Au and twenty-five samples essayed over 1 gpt Au.

Table 1 highlights the Fondaway Canyon 2017 rock-chip samples over 5 gpt Au

Sample Type Zone gpt Au* Width (m)
JM-FC9 Outcrop Colorado 24.00 2.0
JM-FC37 Stockpile
(UG)
Halfmoon 21.40 Composite
JM-FC42 Outcrop Stibnite-
Paperweight
19.80 2.0
JM-FC33 Outcrop South Pit 15.75 0.5
JM-FC36 Stockpile
(UG)
Halfmoon 11.45 Composite
JM-FC38 Stockpile
(UG)
Halfmoon 9.62 Composite
JM-FC41 Outcrop Stibnite-
Paperweight
8.59 0.3
JM-FC40 Outcrop Stibnite-
Paperweight
7.91 2.0
JM-FC24 Outcrop Halfmoon 5.87 3.0
JM-FC2 Outcrop South Mouth 5.71  2.0
JM-FC13 Outcrop Colorado 5.05 2.0

* All values in gpt; analysis by ALS Minerals; gold analyzed by 1 assay-ton fire assay and atomic absorption spectometry; gravimetric analysis for values exceeding 10 gpt Au; other elements by aqua-regia digestion and ICP-AES and ICP-MS techniques. Samples sorted by Au values.

Figure 1 illustrates the location and relative relationship of the numerous gold mineralized structures and zones at Fondaway Canyon.

In the Colorado zone, located at the northwest corner of the dilation zone where northeast-striking and east-west mineralized zones intersect, sample JM-FC9 returned very high-grade gold mineralization of 24.0 gpt Au over 2 meters.  A sample from a steeply dipping shear vein in this area contained 5.0 gpt Au across 2 m (JM-FC13) while a sample from a nearby dike assayed 4.1 gpt Au (JM-FC8).  Low-grade gold also occurs across broad areas of iron-stained, altered shale and siltstone, e.g., 0.95 gpt Au across 7 m (JM-FC10).  Historic shallow drilling intersected significant gold mineralization within 125 meters of surface. Drill hole TF-114, intersected 7.4 gpt Au over 49 m including 17.6 gpt Au over 15 m. Drill hole TF-50 intersected 4.9 gpt over 50 m including 18.9 gpt over 7.6 m.

In the Stibnite-Paperweight zone, located at the northeast corner of the dilation zone, recent sampling has confirmed high-grade mineralization within steeply dipping and shallowly dipping shear veins. A chip sample across an east-west striking and steeply dipping shear vein returned 19.8 gpt over 2 meters (JM-FC42).  The northeast-striking mineralization is a stock-work zone measuring at least 20 m wide at the surface exposure. The most recent sampling in this area returned 5.9 gpt over 3 m (JM-FC24) and 7.9 gpt over 2 m (JM-FC40) in steeply dipping structures and 8.6 gpt over 0.3 m (JM-FC41) in a shallowly-dipping structure.  Historic drilling in this area has intersected mineralization exceeding 3 gpt Au down dip for about 350 m. Historic underground channel sampling of this zone by Tenneco in 1989 included 21.8 gpt over 1.5 m, 16.1 gpt over 3 m and 12.7 gpt over 3 m.  Recently collected samples from surface stockpiles of this material returned 21.4 gpt Au (JM-FC37) and 11.4 gpt Au (JM-FC38). Historic drill hole 02FC-4 contained the deepest historic mineralization intersection with 4.2 gpt over 17 m.

In the South Pit zone, high-grade gold was also sampled at the structural intersection marking the southeast corner of the dilation zone.  A 20-m wide northeast-trending mineralized structure intersects a 7-m wide east-west mineralized structure.  2017 chip sampling yielded 15.7 gpt Au over 0.5 m (JM-FC33).  There has been limited historic drilling in this area, but historic drill hole (TF-219) in this vicinity contained 2.1 gpt Au over 15 m.

Parts of the South Mouth pit zone were mined by Tenneco Minerals in 1990 to depths of less than 30 meters. This area contains multiple veins across a width of at least 300 m and along an east-west strike for at least 700 m. No drilling has been done below 125 meters in this area. Recent sampling has confirmed strong gold mineralization along the east-west shear veins (3.3 gpt Au over 0.3 m; JM-FC3) as well as low-grade gold in altered shale (0.43 gpt over 1 m; JM-FC7).

Historic drilling in the vicinity of intersecting northeast and east-west trending structures at the Pack Rat area intersected 3.1 gpt Au over 18.3 m in hole TF-296 and 2.0 gpt Au over 38 m in hole P-25.  Recent surface chip sampling yielded 3.1 gpt Au across a 0.5-m wide east-west striking shear vein (JM-FC19).

Canarc is encouraged by the positive results from the surface sampling and mapping program which confirm the presence of numerous high-grade mineralized zones at Fondaway Canyon and the potential for expansion of resources in these areas by drilling.

The positive results along with historic drilling and exploration information are being analyzed to help define high priority targets for a 2700-meter drilling campaign that will be undertaken in the fall of 2017.

Qualified Person:

Dr. Jacob Margolis is a qualified person, as defined by National Instrument 43-101, and has approved the technical information in this news release.  Dr. Margolis is engaged as a consultant to Canarc Resource Corp.

Catalin Kilofliski�
____________________
Catalin Kilofliski, CEO
CANARC RESOURCE CORP.

About Canarc Resource Corp. - Canarc is a growth-oriented, gold exploration and mining Company listed on the TSX (CCM) and the OTC-BB (CRCUF). The Company creates shareholder value by acquiring, exploring and developing pre-production stage gold mines or properties in the Americas. 

For More Information - Please contact:

Catalin Kilofliski, CEO

Tel: (604) 685-9700 Fax: (604) 685-9744
Email: catalin@canarc.net Website: www.canarc.net

Cautionary Note Regarding Forward-Looking Statements

This news release contains �forward-looking statements� within the meaning of the United States private securities litigation reform act of 1995 and �forward-looking information� within the meaning of applicable Canadian securities legislation. Statements contained in this news release that are not historic facts are forward-looking information that involves known and unknown risks and uncertainties. Forward-looking statements in this news release include, but are not limited to, statements with respect to the future performance of Canarc, and the Company's plans and exploration programs for its mineral properties, including the timing of such plans and programs. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "has proven", "expects" or "does not expect", "is expected", "potential", "appears", "budget", "scheduled", "estimates", "forecasts", "at least", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "should", "might" or "will be taken", "occur" or "be achieved".

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks and other factors include, among others, the Company�s ongoing due diligence review in relation to the Acquisition, risks related to the uncertainties inherent in the estimation of mineral resources; commodity prices; changes in general economic conditions; market sentiment; currency exchange rates; the Company's ability to continue as a going concern; the Company's ability to raise funds through equity financings; risks inherent in mineral exploration; risks related to operations in foreign countries; future prices of metals; failure of equipment or processes to operate as anticipated; accidents, labor disputes and other risks of the mining industry; delays in obtaining governmental approvals; government regulation of mining operations; environmental risks; title disputes or claims; limitations on insurance coverage and the timing and possible outcome of litigation. Although the Company has attempted to identify important factors that could affect the Company and may cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, do not place undue reliance on forward-looking statements. All statements are made as of the date of this news release and the Company is under no obligation to update or alter any forward-looking statements except as required under applicable securities laws. 

Canarc Resource Corp.
 Suite 301-700
 West Pender Street
 Vancouver, B.C., Canada, V6C 1G8
 Email: catalin@canarc.net


 

or email info@canarc.net indicating you wish to be unsubscribed.

Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

Canarc Resource Corp.

EN DÉVELOPPEMENT
CODE : CCM.TO
ISIN : CA13722D1015
Suivi et investissement
Add to watch list Add to your portfolio Add or edit a note
Ajouter une alerte Ajouter aux Watchlists Ajouter au portefeuille Ajouter une note
ProfilIndicateurs
de Marché
VALEUR :
Projets & res.
Communiqués
de Presse
Rapport
annuel
RISQUE :
Profile actifs
Contactez la cie

Canarc Res. est une société développant des projet miniers d'or basée au Canada.

Canarc Res. détient divers projets d'exploration au Canada.

Son principal projet en développement est NEW POLARIS au Canada et ses principaux projets en exploration sont BENZDORP GOLD PROJECT au Suriname et TAY-LP au Canada.

Canarc Res. est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 8,9 millions CA$ (6,7 millions US$, 5,9 millions €).

La valeur de son action a atteint son plus haut niveau récent le 19 avril 1996 à 3,00 CA$, et son plus bas niveau récent le 19 septembre 2018 à 0,03 CA$.

Canarc Res. possède 221 310 000 actions en circulation.

Votre avis nous interesse, merci de laisser un commentaire ou de noter cet article.
Evaluer : Note moyenne :0 (0 vote) Voir les mieux notés
 
Rapports annuels de Canarc Resource Corp.
2008 Annual Report
Financements de Canarc Resource Corp.
15/03/2016Closes $449,500 Second Tranche of Private Placement Financin...
07/03/2016Arranges $8 Million Debt Financing to Develop El Compas Gold...
03/03/2016Closes $1.6 M First Tranche of Private Placement Financing
16/02/2016Arranges CA$2.0 Million Private Placement Financing; Provide...
22/09/2015Closes $0.69 M Private Placement Financing and Extends Warra...
18/03/2014Closes $1.06 M Private Placement Financing
24/02/2014and Pan American Goldfields Sign Letter of Intent With Respe...
31/01/2014Closes Fully Subscribed Private Placement Financing
21/01/2013Closes Final Tranche of Non-Brokered Private Placement
01/10/2012Closes CAD$1.1 Million Brokered Private Placement
14/09/2012Signs Letter of Intent for a CA$1.1 Million in Private Place...
25/02/2011Closes $300,000 Convertible Debenture
09/11/2009Closes CA$37,350 in Private Placement Financing
02/11/2009Arranges CA$40,000 in Private Placement Financing
26/10/2009Closes CA$960,000 in Two Private Placement Financings
01/12/2008Closes $100,000 Private Placement Financing
10/11/2008Revises Terms of Private Placement Financing
30/09/2008Arranges CA$600,000 Private Placement Financing
25/07/2007Closes CA$1.1 Million Private Placement Financing
26/06/2007Arranges CA$1 Million Private Placement Financing
21/03/2006(New Polaris)closes CA$3.5 million flow-through financing for New Polaris...
Nominations de Canarc Resource Corp.
12/11/2013Appoints New Director
Rapports Financiers de Canarc Resource Corp.
06/08/2013Review of Second Quarter and Outlook for Third Quarter, 2013
23/10/2012Review of Third Quarter and Outlook for Fourth Quarter, 2012
17/07/2012Shareholder Update-Review of Second Quarter and Outlook for ...
13/07/2011Shareholder Update; Review of Second Quarter and Outlook for...
12/11/2008Shareholder Update Third Quarter Review 2008
06/08/2008Second Quarter Review 2008
13/05/2008First Quarter Review 2008
30/07/2007Shareholder Update - Second Quarter Review 2007
Projets de Canarc Resource Corp.
31/07/2017Canarc Reports High Grade Gold in Surface Rock Samples at Fo...
07/02/2014Announces Retirement of VP Exploration
15/05/2013to Purchase Two Windfall Hills Gold Properties Northwest of ...
31/07/2012(New Polaris)Reduces Estimated Cost of Feasibility Program for New Polar...
18/04/2012Buying Gold? Why Not Buy a Gold Mine? Why We Are Buying Cana...
15/12/2011Season's Greetings from Carnac Resource Corp.
25/04/2011Options Two Gold Properties Northwest of Richfield’s Blackwa...
06/01/2010(New Polaris)Updates NI 43-101 Preliminary Economic Assessment Report
12/11/2009(Tay-lp)Drill Program Intersects Gold at Tay–LP Property, Yukon
07/01/2009(New Polaris)Announces Improved Economic Outlook for New Polaris Gold Min...
20/08/2007(New Polaris)Preliminary Assessment Indicates Positive Results for New Po...
19/04/2006Shareholder update
Communiqués de Presse de Canarc Resource Corp.
12/07/2016Canarc Provides Update on Strategic Plans
22/06/2016Canarc Announces Results of its Annual General Meeting
30/05/2016Canarc Completes Sale of Oro Silver and the El Compas Mine P...
30/05/2016Canarc Completes Sale of Oro Silver and the El Compas Mine P...
09/05/2016Canarc Sells El Compas Mine Project to Endeavour Silver for ...
07/03/2016Canarc Arranges $8 Million Debt Financing to Develop El Comp...
03/03/2016Canarc Closes $1.6 M First Tranche of Private Placement Fina...
01/02/2016Canarc Leases Permitted “La Plata” Processing Plant in Zacat...
19/01/2016Canarc Reports Positive Preliminary Economic Assessment For ...
14/01/2016Canarc Reports NI 43-101 Resource Estimate For the El Compas...
11/01/2016Canarc Appoints General Manager for El Compas Gold-Silver Mi...
30/10/2015Canarc Closes Acquisition of Oro Silver and its El Compas Go...
19/10/2015Canarc to Lease Fully Permitted Processing Plant in Zacateca...
14/10/2015Canarc Begins Preliminary Economic Assessment Report on El C...
08/10/2015Canarc Signs Definitive Agreement to Acquire Oro Silver and ...
08/10/2015IIROC Trade Resumption - CCM
08/10/2015IIROC Trading Halt - CCM
22/09/2015Canarc Closes $0.69 M Private Placement Financing and Extend...
25/08/2015Canarc Arranges CA$0.75 Million Private Placement Financing
25/08/2015Canarc Arranges CA $0.75 Million Private Placement Financing
21/07/2015Canarc Announces Positive Test Results for Metallurgical Tes...
27/05/2015Canarc Receives Second Funding Tranche for New Polaris Gold ...
14/05/2015Canarc Cancels Stock Options
11/05/2015Canarc Appoints New Board Member
25/02/2015Canarc Signs a C$10M Pre-Development and Earn-In Binding Agr...
25/02/2015IIROC Trade Resumption - CCM
25/02/2015IIROC Trading Halt - CCM
15/01/2015IIROC Trade Resumption - ACR.UN; CCM
14/01/2015Canarc Provides Corporate Update on Plans for 2015
14/01/2015IIROC Trading Halt - CCM
27/10/2014Canarc Stakes Claims at Windfall Hills, Provides Corporate U...
16/10/2014Canarc Resource Confirms Termination of Share Exchange Agree...
09/10/2014Canarc Drilling Intersects 1.54 gpt AuEq over 28 Meters Near...
03/09/2014TSX Delisting Review - Canarc Resource Corp. (Symbol: CCM)
03/09/2014Canarc Satisfies TSX Continued Listing Requirements
08/08/2014TSX Delisting Review - Canarc Resource Corp. (Symbol: CCM)
18/07/2014Canarc Grants Stock Options
15/07/2014Santa Fe Gold and Canarc Resource Announce Strategic Share E...
15/07/2014Santa Fe Gold and Canarc Resource Announce Strategic Share E...
10/07/2014Canarc Closes Flow-Through Financing
27/06/2014to Drill Windfall Hills Project and Raise Flow-Through Finan...
04/02/2014Mr Brad Cooke, Chairman and Catalin Chiloflischi, CEO interv...
14/01/2014Appoints New CEO, Grants Stock Options, Announces Financing
26/06/2013Reports Results of Annual General Shareholder Meeting
04/02/2013Forms Strategic Mine Acquisitions Partnership with Canford
06/06/2012Shareholders Approve All Resolutions at AGM
04/06/2012Retains Financial Advisor to Evaluate Strategic Alternatives
29/03/2012Launches Social Media Presence
26/03/2012Review of 2011 and Outlook for 2012
21/03/2012Arranges Cdn$200,000 Demand Loan From Directors and Employee...
07/12/2011Defines Gold-Silver Anomalies at Windfall Hills Project Nort...
13/09/2011Amends Tay LP Agreement
31/05/2011Stakes Two More Gold Properties in Central British Columbia
19/05/2011Sells Relief Canyon Assay Lab to Great Basin Gold
11/05/2011Stakes Large Gold Property Northwest of Richfield’s Blackwat...
12/04/2011(New Polaris)s Preliminary Economic Assessment of New Polaris Gold Mine P...
21/03/2011Cap-Ex Returns Tay LP Property to Canarc
27/03/2009audited financial statements for the year ended December 31,...
29/09/2008Caza Gold Retires $300,000 Debt Financing; Options Los Angel...
04/09/2008Gold near $800 - Oversold but still Vulnerable
24/07/2008CPM Precious Metals Advisory
18/06/2008TSX Approves Caza Gold Spin-Out By Way of a Plan of Arrangem...
30/04/2008Shareholders Approve All Resolutions at Annual and Special G...
03/03/2008To Hold Annual And Special Shareholders Meeting on April 29,...
30/01/2008 to Exhibit at World Outlook Financial Conference
23/01/2008Shareholder Update
19/11/2007 To Spin-Out Its Mexican Gold Projects To Subsidiary Company...
20/09/2007 Enters Option and Joint Venture Agreement with EXMIN Resour...
22/08/2007TOP-20 Introduction: Canarc Resource Corp - The Gold Discove...
Publication de commentaires terminée
 
Dernier commentaire publié pour cet article
Soyez le premier à donner votre avis
Ajouter votre commentaire
TORONTO (CCM.TO)FRANKFURT (CAN.F)
0,040+0.00%0,019+0.00%
TORONTO
CA$ 0,040
13/11 14:27 -
0%
Cours préc. Ouverture
0,040 0,040
Bas haut
0,040 0,040
Année b/h Var. YTD
0,030 -  0,085 -52,94%
52 sem. b/h var. 52 sem.
0,030 -  0,090 -50,00%
Volume var. 1 mois
272 000 -11,11%
24hGold TrendPower© : 4
Produit
Développe Gold
Recherche Gold
 
 
 
Analyse
Interactive chart Add to compare
Graphique
interactif
Imprimer Comparer Exporter
Dernière mise à jour le : 23/01/2010
Vous devez être connecté pour accéder au portefeuille (gratuit)
Top Newsreleases
LES PLUS LUS
Variation annuelle
DateVariationMaxiMini
2018-52,94%0,090,03
20176,25%0,120,07
201660,00%0,150,05
201566,67%0,100,03
2014-25,00%0,130,03
 
Graphique 5 ans
 
Graphique 3 mois
 
Graphique volume 3 mois
 
 
Nouvelles des Sociétés Minières
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
0,12 AU$-8,00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
6,22 AU$+0,16%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
3,89 AU$+1,57%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
2,26 AU$+0,89%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
0,12 CA$+4,55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
0,23 CA$+15,00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
1,79 US$+2,87%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
0,20 US$-12,28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
1,54 GBX+4,05%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
0,14 CA$+0,00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
1,08 CA$+1,89%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
1,39 CA$-2,11%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
5,74 CA$+3,99%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
0,04 CA$+0,00%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
0,19 AU$+2,70%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
0,20 US$-4,76%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
0,24 CA$+11,90%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
30,62 US$+0,26%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
8,66 CA$-0,35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
0,14 AU$+8,00%Trend Power :