From Exploration to Production With a Low Cost Resource

Catalin Chiloflishci, President & CEO of Canarc Resources Corp (CCM:TSX), explains how this company is moving forward even in today’s markets.

Canarc Resource is a gold focused company. Main focus right now is production from its newly acquired Mexican asset and we also have a high grade gold project in BC.

Canarc owns 100 percent of its fully permitted gold-silver project in Zacatecas. It becomes now our core project as we are focused on securing the funding to get the project in production during 2016.

We’ve recently released a PEA, that shows that that we can produce one ounce of gold equivalent for about $600 per ounce which is a great price going to be even in this market, the project has about seven year mine life at this price at this current resourceand about 20,000 ounce of gold production a year. It’s a fully permitted project and it’s a fantastic asset for the company.

In addition company has a high-grade gold project in Northern BC, it’s also a very robust project even in this market.

I think investor should pay attention to Canarc Resource because Canarc very recently has transformed from being exploration company into a soon to be a producer with the project that is able to produce at low cost has a very good resource and is located in a very good jurisdiction more importantly, it is always run by a very experienced team both at the management and the board level.

Request Investor Kit




Related News

On TV for more than 16 years, BTV-Business Television, a weekly investor program, features emerging companies and top analysts across the US and Canada to bring investors information to grow their portfolio. Hosted by Taylor Thoen, BTV goes on location, interviewing key executives and showcasing their business to give investors insight before they make a buying decision.

Watch BTV
Did you know management is one of the top three reasons why investors buy a stock? Meet the CEO before you invest. CEO Clips are 90 second video profiles on companies in the markets designed to help you make an educated investment decision. According to Forbes, 60% of people prefer watching video over reading text. What are you waiting for? We’ve featured over 1000 companies. Discover a new company now!

Watch CEO Clips
Broadcast On

© 2017 Business Television All Rights Reserved