Canarc Resource - New Appointees Strengthen Management Team.VANCOUVER, British Columbia--(BUSINESS WIRE)--June 25, 1996-- Canarc Resource Corp. (CCM CCM Contemporary Christian Music CCM Critical Care Medicine CCM County College of Morris (New Jersey) CCM Chama Cha Mapinduzi (political party, Tanzania) CCM CORBA Component Model .TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). .), is pleased to announce the appointment of three new members to the Management Team. David Watkinson, P.Eng., will take on the newly created position of Vice President-Mine Development, responsible for overseeing all of Canarc's mine-related activities at the Polaris Taku and Bellavista mine sites as well as reviewing all mine project acquisitions. David brings to Canarc his strong background in underground and open pit mining, including ore reserve estimation, environmental studies, mine permitting, construction, operations and reclaimation. Previous postings include Vice President-Mining with Bharti Engineering Associates Inc., Project Manager and Manager of Technical Services with Kinross Gold Kinross Gold Corporation (TSX: K, NYSE: KGC) is a Canadian gold mining company. It is the seventh largest primary gold producer in the world.[1] See also
1. ^ Kinross Gold. U.S.A. Inc., and Mine Superintendent at the Dona Lake Mine, Ontario, for Placer Dome Placer Dome was a large mining company specializing in gold and other precious metals, with corporate headquarters in Vancouver, British Columbia, Canada. Barrick has acquired 100% of the Placer Dome shares on January 20, 2006, and has integrated the company into its own. Inc. Godfrey Walton, M.Sc., becomes the new Exploration Manager - Worldwide, responsible for overseeing all of the Company's exploration projects as well as reviewing all exploration property acquisitions and dispositions. Godfrey has broad experience and knowledge of mining exploration and project management, including precious metals Precious Metals Valuable metals such as gold, iridium, palladium, platinum, and silver. Notes: Investing in precious metals can be done either by purchasing the physical asset, or by purchasing futures contracts for the particular metal. , base metals and diamonds in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. and Europe. Mr. Walton will be joining Canarc from Hemlo Gold Mines Inc., where he was most recently District Geologist, N.W. North America. Other positions he has held include Senior Geologist and Site Manager at Chevron Minerals' Lisheen project in Ireland and Senior Geologist with Chevron Minerals in Vancouver for 15 years. Canarc also announces the appointment of Senior Geologist Mr. Peter Karelse named Project Geologist for the Company's $5 million feasibility program on the 1.45 million ounce Polaris Taku gold property in Northwestern British Columbia. The Company is also in the final process of appointing a Project Manager for Canarc's Phase 1 exploration program on our extensive 2.2 million hectare Indonesian land holdings. Canarc Resource Corp. is a growth-oriented, international gold exploration and mining company with active projects worldwide. Major shareholders include Barrick Gold Corp. (4 percent) and Echo Bay Mines Ltd. (10 percent). ON BEHALF OF THE BOARD OF DIRECTORS CANARC RESOURCE CORP. Bradley T. Aelicks Director -0- NOTE: If you have an E-Mail address and would prefer to receive Canarc's News Releases through this format, plese inform us of you E-Mail address CONTACT: Conarc Resource Corp. Robert Carriere Manager of Investor Relations Investor relations The process by which the corporation communicates with its investors. (604) 685-9700 (604) 685-9744 (Fax) http://www.mcomm.com/Canarc |
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