Additional Porphyry Gold Drill Intercepts From JQA Prospect,
Benzdorp Property, Suriname
Vancouver, British Columbia, Canada October 20, 2003
Canarc Resource Corp. (CCM: TSX and CRCUF: OTC-BB) announced
today additional drill intercepts of porphyry gold mineralization
from the JQA prospect area of the Benzdorp property in Suriname.
Drill holes BZ03-13, 15 and 16 each returned significant gold
grades over their entire lengths and holes BZ03-14 and 17 both
intersected the margins of the mineralized zone. Assays are as
Core recoveries in the saprolite continue to average approximately
76% in holes BZ03-13 to 17 and bedrock was only reached in hole
BZ03-14. Core losses in the mineralized zone imply gold losses
as well, so the assays reported herein may understate the actual
gold grades in saprolite.
Holes BZ03-9, 10, 11 and 12 were drilled
to the south of JQA diorite intrusion and porphyry mineralization
in the JQS prospect area. These drill holes intersected narrow
widths of low grade, vein-type mineralization hosted by andesite
On Behalf of the Board of Directors
CANARC RESOURCE CORP.
/s/ �Bradford J. Cooke�
Bradford J. Cooke
President and C.E.O.
For more information, please contact Gregg
Wilson at tel: (604) 685-9700, fax: (604) 685-9744, email [email protected] or
visit our website, www.canarc.net. The TSX Exchange
has neither approved nor disapproved the contents of this news