Commerce Resources Corp. (TSXv: CCE; FSE: D7H; OTCQX: CMRZF) is focused on building shareholder value through the discovery and development of rare metal deposits with a 100% focus on Canadian assets. Commerce's principal assets are its Blue River Tantalum-Niobium Project in British Columbia and its Eldor Rare Earth Project in Quebec.
At Blue River, Commerce is advancing its Upper Fir Tantalum and Niobium Deposit through development with a Preliminary Economic Assessment in the advanced stages of completion. At the Eldor Project, Commerce's 2010 exploration program led to the discovery of a significant new rare earth deposit known as the Ashram. The Ashram Deposit is a large tonnage rare earth discovery and is ranked as one of the largest rare earth deposits outside of China.
HIGHLIGHTS
Blue River Tantalum-Niobium Project:
- Strategic resource of tantalum and niobium
- Advancing through development
- Preliminary Economic Assessment nearing completion
Eldor Rare Earth Project:
- New large tonnage rare earth deposit
- Potential for heavy rare earth enrichment
- Winter drilling completed; results pending
