Monday, October 27, 2014
Canarc Stakes Claims at Windfall Hills, Provides Corporate Update
VANCOUVER, BRITISH COLUMBIA, Oct 27, 2014 (Marketwired via COMTEX) Canarc Resource Corp. (TSX: CCM)(OTCBB: CRCUF)(FRANKFURT: CAN) announces it has staked an additional two large mineral claims totaling 3,337 hectares surrounding its Windfall Hills gold-silver exploration project located in central British Columbia. Canarc s land position at Windfall Hills now totals 4,337 hectares. The Company recently completed an initial three hole, 1149 meter drill program at Windfall Hills that intersected an extensive alteration zone anomalous in gold-silver over several hundred meters width and discovered bulk tonnage gold-silver mineralization including 1.54 grams per tonne (gpt) gold equivalent (AuEq) over a 28 m core length (0.045 oz per ton over 91.9 feet) in hole WH-14-03. Canarc is now evaluating the possibility of additional geochemical and geophysical surveys next year in order to better target this exciting new mineralized zone and its possible extensions onto the newly staked claims f
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