Commerce Resources Corp. Intersects 176.43 metres of Middle and Heavy Rare Earth Element Enrichment from Surface at the Ashram Deposit, Northern Quebec
Commerce Resources Corp. (TSXv: CCE, FSE: D7H, OTCQX: CMRZF) (the “Company” or “Commerce”) is pleased to report the results for an additional five drill holes completed during the summer/fall exploration program at the Ashram Rare Earth Element (“REE”) Deposit, at the Eldor Project in northern Quebec. Of the results, two holes have significantly expanded the Middle […]
Commerce Resources Corp. Intersects 2.47% TREO over 123.41 metres, and Continues to Expand Middle and Heavy Rare Earth Element Enrichment at the Ashram Deposit, Northern Quebec
December 7, 2011 – Commerce Resources Corp. (TSXv: CCE, FSE: D7H, OTCQX: CMRZF) (the “Company” or “Commerce”) is pleased to report the results for an additional eleven drill holes completed during the summer/fall exploration program at the Ashram Rare Earth Element (“REE”) Deposit at the Eldor Project in northern Quebec. A total of thirty-three drill holes […]
Commerce Resources Corp. Completes 2011 Exploration Program at Upper Fir Tantalum and Niobium Deposit, Blue River, British Columbia
Highlights: 2011 fieldwork included approximately 8,715 metres in a 34 drill-hole definition drilling program which was targeted to improve understanding of geological and structural relationships within the Upper Fir deposit. 2010 drilling results (54 holes; 12,949 metres) are currently being compiled for inclusion in an updated three dimensional block model and resource estimate which will […]
Commerce Resources Corp. Announces Positive Preliminary Economic Assessment for Upper Fir Tantalum and Niobium Deposit, Blue River, B.C.
Highlights AMEC’s PEA Technical Report on the Blue River Tantalum-Niobium Project dated 29-September-2011 will be filed shortly for public disclosure (www.SEDAR.com). Study results show a positive cash flow for a potential 7500 tonnes per day underground operation at the Upper Fir, with cash costs of $C24.91 per kilogram of tantalum metal (net of niobium metal […]
Commerce Resources Corp. Intersects Significant Heavy Rare Earth Element Mineralization at Ashram, Eldor Project in Quebec
October 19, 2011 – Commerce Resources Corp. (TSXv: CCE, FSE: D7H, OTCQX: CMRZF) (the “Company” or “Commerce”) is pleased to report the results for the first two drill holes completed during the summer/fall exploration program at the Ashram Rare Earth Element (“REE”) Zone at the Eldor Project in northern Quebec. To date, 32 drill holes have […]
Commerce Resources Corp. and Canadian International Minerals Inc. Amend Option Agreement for Carbo Rare Earth Property
Commerce Resources Corp. (TSXv: CCE, FSE: D7H, OTCQX: CMRZF) (the “Company” or “Commerce”) and Canadian International Minerals Inc. (TSXv: CIN) (“Canadian International”) are pleased to jointly announce that they have entered into an amending agreement with respect to the Carbo Property Option Agreement (see Commerce news release dated February 10, 2009). Under the amendment, Canadian […]
Commerce Resources Corp. Updates Rare Earth Element Exploration at Eldor Project, Quebec
Commerce Resources Corp. (TSXv: CCE, FSE: D7H, OTCQX: CMRZF) (the “Company” or “Commerce”) is pleased to provide an update on the summer exploration activities at the Company’s Eldor Project in northern Quebec. Commerce’s 2011 summer drilling program is well underway with two drill rigs currently operating on site. The Company plans to complete a minimum […]
Commerce Resources Corp. Confirms Middle and Heavy Rare Earth Enrichment at Ashram Rare Earth Deposit, Eldor Property, Quebec
August 4, 2011 – Commerce Resources Corp. (TSXv: CCE, FSE: D7H, OTCQX: CMRZF) (the “Company” or “Commerce”) is pleased to report the assay results for the final four holes completed as part of the winter drill program at the Company’s 100%-owned Eldor Property in northern Quebec. A highlight of these new results is EC11-053 which intersected 2.06% […]
Commerce Resources Corp. Drills 2.10% TREO over 586.92 metres including 3.00% TREO over 36.99 metres at the Eldor Property, Quebec
June 28, 2011 – Commerce Resources Corp. (TSXv: CCE, FSE: D7H, OTCQX: CMRZF) (the “Company” or “Commerce”) is pleased to report the assay results for the first four of seven drill holes completed during the 2011 winter drilling program at the Ashram Rare Earth Element (“REE”) Zone at the Company’s Eldor Project in northern Quebec. The […]
Commerce Resources Corp. Closes $7.5 Million Non-Brokered Private Placement
Commerce Resources Corp. (TSXv: CCE; FSE: D7H; OTCQX: CMRZF) (the “Company” or “Commerce”) is pleased to announce that it has closed its non-brokered private placement (the “Private Placement”) of 10,388,834 common shares of the Company at a price of $0.73 per share for gross proceeds of $7.58 million. The proceeds of the Private Placement will […]