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Gold/Mining/Energy : Barrick Gold (ABX) -- Ignore unavailable to you. Want to Upgrade?

To: Robert Floyd who wrote (321)	1/7/1998 3:30:00 PM
From: Robert Floyd	Respond to of 3558

Canarc Resource Corp: Mr. Donald J. Worth Appointed Director VANCOUVER, BRITISH COLUMBIA--(BUSINESS WIRE)--Jan. 7, 1998-- Canarc Resource Corp(VSE:CCM. - news; TSE:CCM. - news; OTC Bulletin Board:CRCUF - news; BERLIN/FRANKFURT:CAN) Mr. Bradford Cooke, President and C.E.O. of Canarc Resource Corp., is pleased to announce the appointment of Donald J. Worth, P. Eng., to the Board of Directors. Mr. Worth brings to Canarc many years of experience in the mining and financial industries. The appointment is subject to the approval of shareholders at the next annual general meeting. Mr. Worth was most recently Vice President of Global Mining Group at the Canadian Imperial Bank of Commerce [NYSE:BCM - news]. He retired in August following over 30 years at the CIBC. Earlier in his career, Mr. Worth held various positions in the mining operations of Asarco Mexicana, Lake Asbestos of Quebec and Canadian Gypsum. His commitment to the mining industry includes the immediate past Presidency of the Canadian Institute of Mining, Metallurgy and Petroleum. Don Worth is also a Trustee of the Labrador Iron Ore Royalty Income Fund and a Director of two other listed resource companies. Canarc Resource Corp. is a growth-oriented, international gold exploration and mining company with active projects worldwide. Major shareholders include Barrick Gold Corp. [NYSE:ABX - news] and Echo Bay Mines Ltd [AMEX:ECO - news]. The Company's common shares trade under the symbol ''CCM'' on the Toronto Stock Exchange as well as on the following exchanges: Vancouver: Vista-CCM, Frankfurt: Third Market Segment-CAN, Berlin: Over the Counter-CAN, Over the Counter Bulletin Board-CRCUF. ON BEHALF OF THE BOARD OF DIRECTORS CANARC RESOURCE CORP. Bradford J. Cooke, President NOTE: If you have an E-Mail address and would prefer to receive Canarc's News through this format, please E-Mail us at canarc@compuserve.com. -------------------------------------------------------------------------------- Contact: Canarc Resource Corp. Robert Carriere, 604/685-9700 mcomm.com