Canarc Resource Corp. is focused on building shareholder value by discovering and developing gold mines throughout North America. Canarc has acquired the Relief Canyon open pit, heap leach gold mine in Nevada. Management is planning to enhance the asset with a work program of diamond drilling, metallurgical testing, resource estimation, mine planning and a prefeasibility economic assessment in Q1 of 2011 with a goal of putting the mine back into production within a year subject to final permitting. The Company is advancing the development of its core asset, the New Polaris gold mine project, a past producing, high grade gold property in northern British Columbia. Click to listen to a conference call describing this major acquisition Canarc’s geological team is exploring the attractive Tay LP gold property located in the Tintina Gold Belt in south-central Yukon. An experienced management team pro-actively evaluating potential acquisitions of gold exploration and mining projects in Canada and the US. Canarc is a growth-oriented, gold exploration company listed on the Toronto Stock Exchange (symbol CCM), the OTC Bulletin Board (symbol CRCUF) and the Frankfurt Stock Exchange (symbol CAN).
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