SlideShare uma empresa Scribd logo
1 de 4
Baixar para ler offline
Commerce Resources Corp. Samples 1,220 ppm Ta2O5 with 15,700 ppm
Nb2O5, and 0.46% TREO (with HREO enrichment) from the Eldor Property,
Northern Quebec
 
January 29, 2014 - Commerce Resources Corp. (TSXv: CCE, FSE: D7H) (the “Company” or
“Commerce”) is pleased to report the results of a limited prospecting and sampling program
carried out in 2013 on the Eldor Property, Northern Quebec.
Although the 2013 field season’s focus was on advancing the Eldor Property’s primary asset, the
Ashram Rare Earth Deposit with the infill and step out drilling program reported January 10,
2014, a small prospecting and sampling program was also completed targeting the tantalumniobium potential of the Miranna Area. Several very high-grade tantalum and niobium boulders
were collected with one sample assaying 1,220 ppm Ta2O5, 15,700 ppm Nb2O5, 10.6% P2O5,
and 0.46% TREO (enriched in the HREOs).
The significance of these results is considerable for four reasons:
1. The tantalum grades are amongst the highest in the world where >300 ppm Ta2O5 in
mining operations is considered high-grade.
2. Potential exists for all four commodities (Ta-Nb-REE-Phosphate) to be present in significant
grade within the host body.
3. Prior mineralogical work of the Southeast Area infers the commodities may be present in
only two well-known minerals (pyrochlore – Ta, Nb, and REE; apatite – P2O5) that have
been commercially processed elsewhere in the world from similar rock types (Niobec Mine,
Canada – pyrochlore, Cargill Mine, Canada – Apatite).
In addition, pyrochlore
mineralization within the boulders is very coarse grained.
4. The presumed source(s) of the mineralized boulder train in the Miranna Area is not one of
the known mineralized zones, and thus, represents a new discovery.
President Dave Hodge states: “Since the acquisition of the Eldor Carbonatite in early 2007,
exploration has identified multi-commodity potential on this claim group. This was first realized
with the discovery of the Ashram Deposit which now ranks amongst the world’s largest REE
projects. The truly significant aspect of these current results is the future exploration potential of
the overall Eldor Carbonatite where other commodities, identified in boulders, soil surveys and
outcrop, include: Niobium, Tantalum, Phosphate, Copper and Nickel. These early stage results
point out a clear long term direction for Commerce, in that when Commerce is successful in
establishing industry partners to advance the Ashram Rare Earth Deposit, as well the Upper Fir
Tantalum and Niobium Deposit into production, Commerce will have multiple targets to begin
the process of exploration and discovery again on both claim groups in Quebec and British
Columbia.”
Select results are highlighted in Table 1 below.
Table 1 – Select Analytical Results from the 2013 Prospecting 
Sample ID 
118010 
118012 
118013 
118014 
(1)
(2)
(3)
(4)

Ta2O5 (ppm) 
1220 
580 
790 
380 

Nb2O5 (ppm) 
15,700 
6,160 
9,640 
19,390 

P2O5 (%) 
10.6 
9.1 
9.9 
9.9 

TREO (%)(1) 
0.46 
0.40 
0.45 
0.40 

MH/T (%)(2) 
14.4 
12.2 
10.6 
12.6 

All samples are of boulders 
Ta2O5 and Nb2O5 are analyzed by XRF with a detection limit of 10 ppm  
TREO is the summation of Ce2O3 + La2O3 + Pr2O3  + Nd2O3 + Eu2O3 + Sm2O3  + Gd2O3 + Tb2O3 + Dy2O3  + Ho2O3 + Er2O3 + 
Tm2O3 + Yb2O3 + Lu2O3 + Y2O3 
MH/T is the sum of the middle and heavy rare earth oxides (Eu2O3 + Sm2O3 + Gd2O3 + Tb2O3 + Dy2O3 + Ho2O3 + Er2O3 + 
Tm2O3 + Yb2O3 + Lu2O3 + Y2O3) divided by TREO, expressed as a per cent 

A total of 15 samples were collected, focused over two exploration areas; south Glim Lake, and
Miranna (east of the northern half of Centre Pond). To view a location map of the Miranna
Area, visit http://www.commerceresources.com/i/maps/Map-Miranna.jpg.
The majority of samples were collected from the Miranna Area where high grade tantalumniobium potential had been identified by compilation and interpretation of historical exploration
results prior to the field season. An extensive boulder field is becoming evident and additional
work will focus on tracing it back to its source(s). This very same boulder exploration
methodology is largely credited with the discovery of the Ashram Rare Earth Deposit, located
less than a kilometre to the east. This methodology is widely used in the mineral exploration
industry and, most recently, has been credited with the high-grade uranium discovery at
Patterson Lake South by Alpha Minerals Inc. and Fission Uranium Corp.
The Eldor Property continues to display multi-commodity potential with much of the Property
and the carbonatite complex yet to be explored.

NI 43-101 Disclosure
Darren L. Smith, M.Sc., P.Geol., of Dahrouge Geological Consulting Ltd., a Qualified Person as
defined by National Instrument 43-101, supervised the preparation of the technical information
in this news release.
All samples were analyzed by Activation Laboratories Ltd. of Ancaster, ON using its method
major oxide, rare earths and trace element package by fusion ICP and ICP/MS in addition to
tantalum and niobium by XRF.

About Tantalum and Niobium
Tantalum is a niche commodity that dramatically improves performance of high-tech devices.
The element is critical to miniaturization and efficiency of cell phones and similar products and
is essentially found in every electronic device produced on the planet. It may not be required in
large amounts but is absolutely essential to the electronics industry.
Niobium is commonly marketed as ferroniobium and is used dominantly as an additive in highstrength low-alloy steel production. The addition of up to 0.1% niobium will considerably
enhance the strength of the final product and is a critical component to steel production in the
world. Brazil dominates world production, supplying ~80% of the market, with notable
production from the Niobec mine in Quebec, Canada (~4,200 ppm Nb2O5 head grade). Other
notable deposits include Niocorp’s Elk Creek Deposit (~6,500 ppm Nb2O5), and Taseko’s Aley
Deposit (~3,700 ppm Nb2O5)
About Commerce Resources Corp.
Commerce Resources Corp. is an exploration and development company with a particular focus
on deposits of rare metals and rare earth elements. The Company is focused on the development
of its Upper Fir Tantalum and Niobium Deposit in British Columbia and the Ashram Rare Earth
Element Deposit in Quebec.
For more information please visit the corporate website at www.commerceresources.com or
contact Investor Relations at 1.866.484.2700 or info@commerceresources.com.

On Behalf of the Board of Directors
COMMERCE RESOURCES CORP.
“David Hodge”
David Hodge
President and Director
Tel: 604.484.2700
Email: dhodge@commerceresources.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains forward-looking information which is subject to a variety of risks and uncertainties and
other factors that could cause actual events or results to differ from those projected in the forward-looking
statements. Forward looking statements in this press release include potential exists for all four commodities to be
present in significant grade; commodities may be present in two well-known minerals; when Commerce is
successful in establishing industry partners to advance the deposits into production; and all references to information
contained in the pre-feasibility study.
These forward-looking statements are based on the opinions and estimates of management and its consultants at the
date the information is disseminated. They are subject to a variety of risks and uncertainties and other factors that
could cause actual events or results to differ materially from those projected in the forward-looking information.
Risks that could change or prevent these statements from coming to fruition include the ability to finance ongoing
exploration, development and metallurgical programs, changing costs for mining and processing; changing forecasts
of mine production rates; the timing and content of upcoming work programs; geological interpretations based on
drilling that may change with more detailed information; potential process methods and mineral recoveries
assumption based on test work; the availability of labour, equipment and markets for the products produced; market
pricing for the products produced; and despite the current expected viability of the project, conditions changing such
that the minerals on our property cannot be economically mined, or that the required permits to build and operate the
envisaged mine can be obtained. The forward-looking information contained herein is given as of the date hereof
and the Company assumes no responsibility to update or revise such information to reflect new events or
circumstances, except as required by law.

Mais conteúdo relacionado

Mais procurados

Probe mines presentation_october11.2013
Probe mines presentation_october11.2013Probe mines presentation_october11.2013
Probe mines presentation_october11.2013
Adnet Communications
 
Probe Mines Presentation October 2013
Probe Mines Presentation October 2013Probe Mines Presentation October 2013
Probe Mines Presentation October 2013
Adnet Communications
 
Denver Gold Forum - September 23, 2013
Denver Gold Forum - September 23, 2013Denver Gold Forum - September 23, 2013
Denver Gold Forum - September 23, 2013
Lake Shore Gold
 

Mais procurados (20)

News Release: Pre-feasibility Study Engaged with Roche Group
News Release: Pre-feasibility Study Engaged with Roche GroupNews Release: Pre-feasibility Study Engaged with Roche Group
News Release: Pre-feasibility Study Engaged with Roche Group
 
Aurora Gold Corporate Update (March 2014)
Aurora Gold Corporate Update (March 2014)Aurora Gold Corporate Update (March 2014)
Aurora Gold Corporate Update (March 2014)
 
Calibre Mining Corp. - Corporate Profile - September 2016
Calibre Mining Corp. - Corporate Profile - September 2016Calibre Mining Corp. - Corporate Profile - September 2016
Calibre Mining Corp. - Corporate Profile - September 2016
 
June 2021 - Sonoro Gold - Near Term Production
June 2021 - Sonoro Gold - Near Term ProductionJune 2021 - Sonoro Gold - Near Term Production
June 2021 - Sonoro Gold - Near Term Production
 
PDAC Presentation, March 7, 2016
PDAC Presentation, March 7, 2016PDAC Presentation, March 7, 2016
PDAC Presentation, March 7, 2016
 
Berkwood Resources Investor Presentation - February 2016
Berkwood Resources Investor Presentation - February 2016Berkwood Resources Investor Presentation - February 2016
Berkwood Resources Investor Presentation - February 2016
 
Ngualla Project: A large new rare earth discovery
Ngualla Project: A large new rare earth discoveryNgualla Project: A large new rare earth discovery
Ngualla Project: A large new rare earth discovery
 
ROVER Metals Corp Corporate Presentation
ROVER Metals Corp Corporate PresentationROVER Metals Corp Corporate Presentation
ROVER Metals Corp Corporate Presentation
 
Probe mines presentation_october11.2013
Probe mines presentation_october11.2013Probe mines presentation_october11.2013
Probe mines presentation_october11.2013
 
Mosaic Minerals Corporate Presentation
Mosaic Minerals Corporate PresentationMosaic Minerals Corporate Presentation
Mosaic Minerals Corporate Presentation
 
Probe Mines Presentation October 2013
Probe Mines Presentation October 2013Probe Mines Presentation October 2013
Probe Mines Presentation October 2013
 
Secutor Capital Management Corporation Interview with Chris Grove of Commerce...
Secutor Capital Management Corporation Interview with Chris Grove of Commerce...Secutor Capital Management Corporation Interview with Chris Grove of Commerce...
Secutor Capital Management Corporation Interview with Chris Grove of Commerce...
 
Sydney Mining Club Presentation
Sydney Mining Club PresentationSydney Mining Club Presentation
Sydney Mining Club Presentation
 
News Release: Eldor
News Release:  EldorNews Release:  Eldor
News Release: Eldor
 
Corporate Profile September 2015
Corporate Profile September 2015Corporate Profile September 2015
Corporate Profile September 2015
 
Denver Gold Forum - September 23, 2013
Denver Gold Forum - September 23, 2013Denver Gold Forum - September 23, 2013
Denver Gold Forum - September 23, 2013
 
Soviet expertise, Canadian security
Soviet expertise, Canadian securitySoviet expertise, Canadian security
Soviet expertise, Canadian security
 
49 North Investor Conference
49 North Investor Conference49 North Investor Conference
49 North Investor Conference
 
Capitalising on former-Soviet opportunities
Capitalising on former-Soviet opportunitiesCapitalising on former-Soviet opportunities
Capitalising on former-Soviet opportunities
 
49 North Resource Conference
49 North Resource Conference49 North Resource Conference
49 North Resource Conference
 

Destaque

Destaque (8)

KPMG: Conflict Minerals (August 2011)
KPMG:  Conflict Minerals (August 2011)KPMG:  Conflict Minerals (August 2011)
KPMG: Conflict Minerals (August 2011)
 
News Release: Commerce Resources Corp. (TSXv: CCE) Announces Indicated Resour...
News Release: Commerce Resources Corp. (TSXv: CCE) Announces Indicated Resour...News Release: Commerce Resources Corp. (TSXv: CCE) Announces Indicated Resour...
News Release: Commerce Resources Corp. (TSXv: CCE) Announces Indicated Resour...
 
News Release: Positive Preliminary Economic Assessment for Upper Fir Tantalum...
News Release: Positive Preliminary Economic Assessment for Upper Fir Tantalum...News Release: Positive Preliminary Economic Assessment for Upper Fir Tantalum...
News Release: Positive Preliminary Economic Assessment for Upper Fir Tantalum...
 
Resource Calculation - Ashram
Resource Calculation - AshramResource Calculation - Ashram
Resource Calculation - Ashram
 
News Release: Commerce Resources Corp. Updates Metallurgical Programs for th...
News Release:  Commerce Resources Corp. Updates Metallurgical Programs for th...News Release:  Commerce Resources Corp. Updates Metallurgical Programs for th...
News Release: Commerce Resources Corp. Updates Metallurgical Programs for th...
 
News Release: Drilling at Eldor
News Release:  Drilling at EldorNews Release:  Drilling at Eldor
News Release: Drilling at Eldor
 
News Release: Commerce Resources Corp. 5.9% Nb2O5 from the Eldor Property, N...
News Release:  Commerce Resources Corp. 5.9% Nb2O5 from the Eldor Property, N...News Release:  Commerce Resources Corp. 5.9% Nb2O5 from the Eldor Property, N...
News Release: Commerce Resources Corp. 5.9% Nb2O5 from the Eldor Property, N...
 
News Release: Commerce Resources Corp. Provides Update on the 2016 Field Pro...
News Release:  Commerce Resources Corp. Provides Update on the 2016 Field Pro...News Release:  Commerce Resources Corp. Provides Update on the 2016 Field Pro...
News Release: Commerce Resources Corp. Provides Update on the 2016 Field Pro...
 

Semelhante a News Release: Commerce Resources Corp. Samples 1,220ppm Ta2O5 with 15,700ppm Nb2O5, and 0.16% TREO from the Eldor Property, Northern Quebec

Highest niobium mineralized sample to date at Miranna
Highest niobium mineralized sample to date at MirannaHighest niobium mineralized sample to date at Miranna
Highest niobium mineralized sample to date at Miranna
Stephan Bogner
 
Copper North Mining - Corporate Presentation - October 22, 2015
Copper North Mining - Corporate Presentation - October 22, 2015Copper North Mining - Corporate Presentation - October 22, 2015
Copper North Mining - Corporate Presentation - October 22, 2015
coppernorthmining
 

Semelhante a News Release: Commerce Resources Corp. Samples 1,220ppm Ta2O5 with 15,700ppm Nb2O5, and 0.16% TREO from the Eldor Property, Northern Quebec (20)

Strong potential for discovery of niobium-tantalum deposit(s) of significance...
Strong potential for discovery of niobium-tantalum deposit(s) of significance...Strong potential for discovery of niobium-tantalum deposit(s) of significance...
Strong potential for discovery of niobium-tantalum deposit(s) of significance...
 
Commerce Resources Corp. (TSXv: CCE) - Factsheet (Mar 2011)
Commerce Resources Corp. (TSXv: CCE) - Factsheet (Mar 2011)Commerce Resources Corp. (TSXv: CCE) - Factsheet (Mar 2011)
Commerce Resources Corp. (TSXv: CCE) - Factsheet (Mar 2011)
 
Corporate Presentation - November 2014
Corporate Presentation - November 2014Corporate Presentation - November 2014
Corporate Presentation - November 2014
 
News Release: Commerce Resources Corp. Intersects 19.71% TREO Over 0.82m at ...
News Release:  Commerce Resources Corp. Intersects 19.71% TREO Over 0.82m at ...News Release:  Commerce Resources Corp. Intersects 19.71% TREO Over 0.82m at ...
News Release: Commerce Resources Corp. Intersects 19.71% TREO Over 0.82m at ...
 
RMC Corporate November 2014
RMC Corporate November 2014RMC Corporate November 2014
RMC Corporate November 2014
 
20140414 jor presentation final
20140414 jor presentation final20140414 jor presentation final
20140414 jor presentation final
 
Highest niobium mineralized sample to date at Miranna
Highest niobium mineralized sample to date at MirannaHighest niobium mineralized sample to date at Miranna
Highest niobium mineralized sample to date at Miranna
 
News Release: Drilling at Carbo Rare Earth Property
News Release:  Drilling at Carbo Rare Earth PropertyNews Release:  Drilling at Carbo Rare Earth Property
News Release: Drilling at Carbo Rare Earth Property
 
November Investor Presentation
November Investor PresentationNovember Investor Presentation
November Investor Presentation
 
Corporate Presentation - October 2014
Corporate Presentation - October 2014Corporate Presentation - October 2014
Corporate Presentation - October 2014
 
Reservoir Minerals Presentation - April 2016
Reservoir Minerals Presentation - April 2016Reservoir Minerals Presentation - April 2016
Reservoir Minerals Presentation - April 2016
 
Investor Presentation | Kingsgate Consolidated (ASX:KCN) | Gold Investment Sy...
Investor Presentation | Kingsgate Consolidated (ASX:KCN) | Gold Investment Sy...Investor Presentation | Kingsgate Consolidated (ASX:KCN) | Gold Investment Sy...
Investor Presentation | Kingsgate Consolidated (ASX:KCN) | Gold Investment Sy...
 
News Release: Commerce Resources Corp. Announces Binding Memorandum of Under...
News Release:  Commerce Resources Corp. Announces Binding Memorandum of Under...News Release:  Commerce Resources Corp. Announces Binding Memorandum of Under...
News Release: Commerce Resources Corp. Announces Binding Memorandum of Under...
 
Secutor Capital Management Initiates Coverage on Commerce Resources Corp. (Ap...
Secutor Capital Management Initiates Coverage on Commerce Resources Corp. (Ap...Secutor Capital Management Initiates Coverage on Commerce Resources Corp. (Ap...
Secutor Capital Management Initiates Coverage on Commerce Resources Corp. (Ap...
 
NAR Corporate Update - wide screen presentation (july 2021)
NAR Corporate Update - wide screen presentation (july 2021)NAR Corporate Update - wide screen presentation (july 2021)
NAR Corporate Update - wide screen presentation (july 2021)
 
Copper North Mining - Corporate Presentation - October 22, 2015
Copper North Mining - Corporate Presentation - October 22, 2015Copper North Mining - Corporate Presentation - October 22, 2015
Copper North Mining - Corporate Presentation - October 22, 2015
 
November 2017 North Arrow Minerals Corporate Update
November 2017 North Arrow Minerals Corporate UpdateNovember 2017 North Arrow Minerals Corporate Update
November 2017 North Arrow Minerals Corporate Update
 
Rmc jan2012 v2
Rmc jan2012 v2Rmc jan2012 v2
Rmc jan2012 v2
 
News Release: Commerce Resources Announces 2013 Summer Drill Program at the A...
News Release: Commerce Resources Announces 2013 Summer Drill Program at the A...News Release: Commerce Resources Announces 2013 Summer Drill Program at the A...
News Release: Commerce Resources Announces 2013 Summer Drill Program at the A...
 
Impact Silver Presentation
Impact Silver PresentationImpact Silver Presentation
Impact Silver Presentation
 

Mais de Commerce Resources Corp. (TSXv:CCE)

Mais de Commerce Resources Corp. (TSXv:CCE) (20)

News Release: Commerce Resources Corp. Initiates 2016 Field Program at the A...
News Release:  Commerce Resources Corp. Initiates 2016 Field Program at the A...News Release:  Commerce Resources Corp. Initiates 2016 Field Program at the A...
News Release: Commerce Resources Corp. Initiates 2016 Field Program at the A...
 
News Release: Commerce Resources Corp. Announces Second Tranche Closing of S...
News Release:  Commerce Resources Corp. Announces Second Tranche Closing of S...News Release:  Commerce Resources Corp. Announces Second Tranche Closing of S...
News Release: Commerce Resources Corp. Announces Second Tranche Closing of S...
 
News Release: Commerce Resources Corp. Proceeding with Second Tranche Privat...
News Release:  Commerce Resources Corp. Proceeding with Second Tranche Privat...News Release:  Commerce Resources Corp. Proceeding with Second Tranche Privat...
News Release: Commerce Resources Corp. Proceeding with Second Tranche Privat...
 
News Release: Commerce Resources Corp. Announces Filing of Amended and Restat...
News Release: Commerce Resources Corp. Announces Filing of Amended and Restat...News Release: Commerce Resources Corp. Announces Filing of Amended and Restat...
News Release: Commerce Resources Corp. Announces Filing of Amended and Restat...
 
News Release: Commerce Resources Corp. Receives Grant for Environmental Studi...
News Release: Commerce Resources Corp. Receives Grant for Environmental Studi...News Release: Commerce Resources Corp. Receives Grant for Environmental Studi...
News Release: Commerce Resources Corp. Receives Grant for Environmental Studi...
 
News Release: Commerce Resources Corp. Completes Preliminary Evaluation for ...
News Release:  Commerce Resources Corp. Completes Preliminary Evaluation for ...News Release:  Commerce Resources Corp. Completes Preliminary Evaluation for ...
News Release: Commerce Resources Corp. Completes Preliminary Evaluation for ...
 
News Release: Commerce Resources Corp. Announces Filing of Final Short Form ...
News Release:  Commerce Resources Corp. Announces Filing of Final Short Form ...News Release:  Commerce Resources Corp. Announces Filing of Final Short Form ...
News Release: Commerce Resources Corp. Announces Filing of Final Short Form ...
 
News Release: Commerce Resources Corp. Confirms Benefits from Flowsheet Simpl...
News Release: Commerce Resources Corp. Confirms Benefits from Flowsheet Simpl...News Release: Commerce Resources Corp. Confirms Benefits from Flowsheet Simpl...
News Release: Commerce Resources Corp. Confirms Benefits from Flowsheet Simpl...
 
News Release: Commerce Resources Corp. Closes Tranche Two Non-Brokered Priva...
News Release:  Commerce Resources Corp. Closes Tranche Two Non-Brokered Priva...News Release:  Commerce Resources Corp. Closes Tranche Two Non-Brokered Priva...
News Release: Commerce Resources Corp. Closes Tranche Two Non-Brokered Priva...
 
News Release: Commerce Resources Corp. Closes Tranche One Non-Brokered Priva...
News Release:  Commerce Resources Corp. Closes Tranche One Non-Brokered Priva...News Release:  Commerce Resources Corp. Closes Tranche One Non-Brokered Priva...
News Release: Commerce Resources Corp. Closes Tranche One Non-Brokered Priva...
 
News Release: Commerce Resources Corp. Announces Non-Brokered Flow-through P...
News Release:  Commerce Resources Corp. Announces Non-Brokered Flow-through P...News Release:  Commerce Resources Corp. Announces Non-Brokered Flow-through P...
News Release: Commerce Resources Corp. Announces Non-Brokered Flow-through P...
 
News Release: Commerce Resources Corp. Reports Significant Improvements in RE...
News Release: Commerce Resources Corp. Reports Significant Improvements in RE...News Release: Commerce Resources Corp. Reports Significant Improvements in RE...
News Release: Commerce Resources Corp. Reports Significant Improvements in RE...
 
Commerce Resources Corp. Receives the 2015 e3 Plus Award from the AEMQ
Commerce Resources Corp. Receives the 2015 e3 Plus Award from the AEMQCommerce Resources Corp. Receives the 2015 e3 Plus Award from the AEMQ
Commerce Resources Corp. Receives the 2015 e3 Plus Award from the AEMQ
 
Commerce Resources Corp. Achieves Key Milestones for the Ashram Rare Earth Pr...
Commerce Resources Corp. Achieves Key Milestones for the Ashram Rare Earth Pr...Commerce Resources Corp. Achieves Key Milestones for the Ashram Rare Earth Pr...
Commerce Resources Corp. Achieves Key Milestones for the Ashram Rare Earth Pr...
 
News Release: Commerce Resources Corp. Updates Phase II of the 2015 Drill Pr...
News Release:  Commerce Resources Corp. Updates Phase II of the 2015 Drill Pr...News Release:  Commerce Resources Corp. Updates Phase II of the 2015 Drill Pr...
News Release: Commerce Resources Corp. Updates Phase II of the 2015 Drill Pr...
 
News Release: Commerce Resources Corp. Announces Filing of Preliminary Short...
News Release:  Commerce Resources Corp. Announces Filing of Preliminary Short...News Release:  Commerce Resources Corp. Announces Filing of Preliminary Short...
News Release: Commerce Resources Corp. Announces Filing of Preliminary Short...
 
News Release: Commerce Resources Corp. Intersects 2.44% TREO over 45 metres ...
News Release:  Commerce Resources Corp. Intersects 2.44% TREO over 45 metres ...News Release:  Commerce Resources Corp. Intersects 2.44% TREO over 45 metres ...
News Release: Commerce Resources Corp. Intersects 2.44% TREO over 45 metres ...
 
News Release: Commerce Resources Corp. Updates Community Dialogue and Inform...
News Release:  Commerce Resources Corp. Updates Community Dialogue and Inform...News Release:  Commerce Resources Corp. Updates Community Dialogue and Inform...
News Release: Commerce Resources Corp. Updates Community Dialogue and Inform...
 
News Release: Commerce Resources Corp. Clarifies & Corrects Disclosure
News Release:  Commerce Resources Corp. Clarifies & Corrects DisclosureNews Release:  Commerce Resources Corp. Clarifies & Corrects Disclosure
News Release: Commerce Resources Corp. Clarifies & Corrects Disclosure
 
News Release: Commerce Resources Corp. Intersects 18.5% MH-T over 32 m at 1....
News Release:  Commerce Resources Corp. Intersects 18.5% MH-T over 32 m at 1....News Release:  Commerce Resources Corp. Intersects 18.5% MH-T over 32 m at 1....
News Release: Commerce Resources Corp. Intersects 18.5% MH-T over 32 m at 1....
 

Último

Corporate Presentation Probe Canaccord Conference 2024.pdf
Corporate Presentation Probe Canaccord Conference 2024.pdfCorporate Presentation Probe Canaccord Conference 2024.pdf
Corporate Presentation Probe Canaccord Conference 2024.pdf
Probe Gold
 
Jual obat aborsi Tawangmangu ( 085657271886 ) Cytote pil telat bulan penggugu...
Jual obat aborsi Tawangmangu ( 085657271886 ) Cytote pil telat bulan penggugu...Jual obat aborsi Tawangmangu ( 085657271886 ) Cytote pil telat bulan penggugu...
Jual obat aborsi Tawangmangu ( 085657271886 ) Cytote pil telat bulan penggugu...
Klinik kandungan
 
Terna - 1Q 2024 Consolidated Results Presentation
Terna - 1Q 2024 Consolidated Results PresentationTerna - 1Q 2024 Consolidated Results Presentation
Terna - 1Q 2024 Consolidated Results Presentation
Terna SpA
 
一比一原版(Acadia毕业证书)加拿大阿卡迪亚大学毕业证学历认证可查认证
一比一原版(Acadia毕业证书)加拿大阿卡迪亚大学毕业证学历认证可查认证一比一原版(Acadia毕业证书)加拿大阿卡迪亚大学毕业证学历认证可查认证
一比一原版(Acadia毕业证书)加拿大阿卡迪亚大学毕业证学历认证可查认证
xzxvi5zp
 

Último (20)

AMG Quarterly Investor Presentation May 2024
AMG Quarterly Investor Presentation May 2024AMG Quarterly Investor Presentation May 2024
AMG Quarterly Investor Presentation May 2024
 
The Leonardo 1Q 2024 Results Presentation
The Leonardo 1Q 2024 Results PresentationThe Leonardo 1Q 2024 Results Presentation
The Leonardo 1Q 2024 Results Presentation
 
Financial Results for the Fiscal Year Ended March 2024
Financial Results for the Fiscal Year Ended March 2024Financial Results for the Fiscal Year Ended March 2024
Financial Results for the Fiscal Year Ended March 2024
 
countries with the highest gold reserves in 2024
countries with the highest gold reserves in 2024countries with the highest gold reserves in 2024
countries with the highest gold reserves in 2024
 
Osisko Development - Investor Presentation - May 2024
Osisko Development - Investor Presentation - May 2024Osisko Development - Investor Presentation - May 2024
Osisko Development - Investor Presentation - May 2024
 
Teekay Tankers Q1-24 Earnings Presentation
Teekay Tankers Q1-24 Earnings PresentationTeekay Tankers Q1-24 Earnings Presentation
Teekay Tankers Q1-24 Earnings Presentation
 
Camil Institutional Presentation_Mai24.pdf
Camil Institutional Presentation_Mai24.pdfCamil Institutional Presentation_Mai24.pdf
Camil Institutional Presentation_Mai24.pdf
 
Corporate Presentation Probe Canaccord Conference 2024.pdf
Corporate Presentation Probe Canaccord Conference 2024.pdfCorporate Presentation Probe Canaccord Conference 2024.pdf
Corporate Presentation Probe Canaccord Conference 2024.pdf
 
Dubai Call Girls/// Hot Afternoon O525547819 Call Girls In Dubai
Dubai Call Girls/// Hot Afternoon O525547819 Call Girls In DubaiDubai Call Girls/// Hot Afternoon O525547819 Call Girls In Dubai
Dubai Call Girls/// Hot Afternoon O525547819 Call Girls In Dubai
 
Osisko Gold Royalties Ltd - Q1 2024 Results
Osisko Gold Royalties Ltd - Q1 2024 ResultsOsisko Gold Royalties Ltd - Q1 2024 Results
Osisko Gold Royalties Ltd - Q1 2024 Results
 
SME IPO Opportunity and Trends of May 2024
SME IPO Opportunity and Trends of May 2024SME IPO Opportunity and Trends of May 2024
SME IPO Opportunity and Trends of May 2024
 
Jual obat aborsi Tawangmangu ( 085657271886 ) Cytote pil telat bulan penggugu...
Jual obat aborsi Tawangmangu ( 085657271886 ) Cytote pil telat bulan penggugu...Jual obat aborsi Tawangmangu ( 085657271886 ) Cytote pil telat bulan penggugu...
Jual obat aborsi Tawangmangu ( 085657271886 ) Cytote pil telat bulan penggugu...
 
ITAU EQUITY_STRATEGY_WARM_UP_20240505 DHG.pdf
ITAU EQUITY_STRATEGY_WARM_UP_20240505 DHG.pdfITAU EQUITY_STRATEGY_WARM_UP_20240505 DHG.pdf
ITAU EQUITY_STRATEGY_WARM_UP_20240505 DHG.pdf
 
Terna - 1Q 2024 Consolidated Results Presentation
Terna - 1Q 2024 Consolidated Results PresentationTerna - 1Q 2024 Consolidated Results Presentation
Terna - 1Q 2024 Consolidated Results Presentation
 
Teekay Corporation Q1-24 Earnings Results
Teekay Corporation Q1-24 Earnings ResultsTeekay Corporation Q1-24 Earnings Results
Teekay Corporation Q1-24 Earnings Results
 
Teck Supplemental Information, May 2, 2024
Teck Supplemental Information, May 2, 2024Teck Supplemental Information, May 2, 2024
Teck Supplemental Information, May 2, 2024
 
Osisko Gold Royalties Ltd - Corporate Presentation, May 2024
Osisko Gold Royalties Ltd - Corporate Presentation, May 2024Osisko Gold Royalties Ltd - Corporate Presentation, May 2024
Osisko Gold Royalties Ltd - Corporate Presentation, May 2024
 
一比一原版(Acadia毕业证书)加拿大阿卡迪亚大学毕业证学历认证可查认证
一比一原版(Acadia毕业证书)加拿大阿卡迪亚大学毕业证学历认证可查认证一比一原版(Acadia毕业证书)加拿大阿卡迪亚大学毕业证学历认证可查认证
一比一原版(Acadia毕业证书)加拿大阿卡迪亚大学毕业证学历认证可查认证
 
Western Copper and Gold - May 2024 Presentation
Western Copper and Gold - May 2024 PresentationWestern Copper and Gold - May 2024 Presentation
Western Copper and Gold - May 2024 Presentation
 
Camil Institutional Presentation_Mai24.pdf
Camil Institutional Presentation_Mai24.pdfCamil Institutional Presentation_Mai24.pdf
Camil Institutional Presentation_Mai24.pdf
 

News Release: Commerce Resources Corp. Samples 1,220ppm Ta2O5 with 15,700ppm Nb2O5, and 0.16% TREO from the Eldor Property, Northern Quebec

  • 1. Commerce Resources Corp. Samples 1,220 ppm Ta2O5 with 15,700 ppm Nb2O5, and 0.46% TREO (with HREO enrichment) from the Eldor Property, Northern Quebec   January 29, 2014 - Commerce Resources Corp. (TSXv: CCE, FSE: D7H) (the “Company” or “Commerce”) is pleased to report the results of a limited prospecting and sampling program carried out in 2013 on the Eldor Property, Northern Quebec. Although the 2013 field season’s focus was on advancing the Eldor Property’s primary asset, the Ashram Rare Earth Deposit with the infill and step out drilling program reported January 10, 2014, a small prospecting and sampling program was also completed targeting the tantalumniobium potential of the Miranna Area. Several very high-grade tantalum and niobium boulders were collected with one sample assaying 1,220 ppm Ta2O5, 15,700 ppm Nb2O5, 10.6% P2O5, and 0.46% TREO (enriched in the HREOs). The significance of these results is considerable for four reasons: 1. The tantalum grades are amongst the highest in the world where >300 ppm Ta2O5 in mining operations is considered high-grade. 2. Potential exists for all four commodities (Ta-Nb-REE-Phosphate) to be present in significant grade within the host body. 3. Prior mineralogical work of the Southeast Area infers the commodities may be present in only two well-known minerals (pyrochlore – Ta, Nb, and REE; apatite – P2O5) that have been commercially processed elsewhere in the world from similar rock types (Niobec Mine, Canada – pyrochlore, Cargill Mine, Canada – Apatite). In addition, pyrochlore mineralization within the boulders is very coarse grained. 4. The presumed source(s) of the mineralized boulder train in the Miranna Area is not one of the known mineralized zones, and thus, represents a new discovery. President Dave Hodge states: “Since the acquisition of the Eldor Carbonatite in early 2007, exploration has identified multi-commodity potential on this claim group. This was first realized with the discovery of the Ashram Deposit which now ranks amongst the world’s largest REE projects. The truly significant aspect of these current results is the future exploration potential of the overall Eldor Carbonatite where other commodities, identified in boulders, soil surveys and outcrop, include: Niobium, Tantalum, Phosphate, Copper and Nickel. These early stage results point out a clear long term direction for Commerce, in that when Commerce is successful in establishing industry partners to advance the Ashram Rare Earth Deposit, as well the Upper Fir
  • 2. Tantalum and Niobium Deposit into production, Commerce will have multiple targets to begin the process of exploration and discovery again on both claim groups in Quebec and British Columbia.” Select results are highlighted in Table 1 below. Table 1 – Select Analytical Results from the 2013 Prospecting  Sample ID  118010  118012  118013  118014  (1) (2) (3) (4) Ta2O5 (ppm)  1220  580  790  380  Nb2O5 (ppm)  15,700  6,160  9,640  19,390  P2O5 (%)  10.6  9.1  9.9  9.9  TREO (%)(1)  0.46  0.40  0.45  0.40  MH/T (%)(2)  14.4  12.2  10.6  12.6  All samples are of boulders  Ta2O5 and Nb2O5 are analyzed by XRF with a detection limit of 10 ppm   TREO is the summation of Ce2O3 + La2O3 + Pr2O3  + Nd2O3 + Eu2O3 + Sm2O3  + Gd2O3 + Tb2O3 + Dy2O3  + Ho2O3 + Er2O3 +  Tm2O3 + Yb2O3 + Lu2O3 + Y2O3  MH/T is the sum of the middle and heavy rare earth oxides (Eu2O3 + Sm2O3 + Gd2O3 + Tb2O3 + Dy2O3 + Ho2O3 + Er2O3 +  Tm2O3 + Yb2O3 + Lu2O3 + Y2O3) divided by TREO, expressed as a per cent  A total of 15 samples were collected, focused over two exploration areas; south Glim Lake, and Miranna (east of the northern half of Centre Pond). To view a location map of the Miranna Area, visit http://www.commerceresources.com/i/maps/Map-Miranna.jpg. The majority of samples were collected from the Miranna Area where high grade tantalumniobium potential had been identified by compilation and interpretation of historical exploration results prior to the field season. An extensive boulder field is becoming evident and additional work will focus on tracing it back to its source(s). This very same boulder exploration methodology is largely credited with the discovery of the Ashram Rare Earth Deposit, located less than a kilometre to the east. This methodology is widely used in the mineral exploration industry and, most recently, has been credited with the high-grade uranium discovery at Patterson Lake South by Alpha Minerals Inc. and Fission Uranium Corp. The Eldor Property continues to display multi-commodity potential with much of the Property and the carbonatite complex yet to be explored. NI 43-101 Disclosure Darren L. Smith, M.Sc., P.Geol., of Dahrouge Geological Consulting Ltd., a Qualified Person as defined by National Instrument 43-101, supervised the preparation of the technical information in this news release.
  • 3. All samples were analyzed by Activation Laboratories Ltd. of Ancaster, ON using its method major oxide, rare earths and trace element package by fusion ICP and ICP/MS in addition to tantalum and niobium by XRF. About Tantalum and Niobium Tantalum is a niche commodity that dramatically improves performance of high-tech devices. The element is critical to miniaturization and efficiency of cell phones and similar products and is essentially found in every electronic device produced on the planet. It may not be required in large amounts but is absolutely essential to the electronics industry. Niobium is commonly marketed as ferroniobium and is used dominantly as an additive in highstrength low-alloy steel production. The addition of up to 0.1% niobium will considerably enhance the strength of the final product and is a critical component to steel production in the world. Brazil dominates world production, supplying ~80% of the market, with notable production from the Niobec mine in Quebec, Canada (~4,200 ppm Nb2O5 head grade). Other notable deposits include Niocorp’s Elk Creek Deposit (~6,500 ppm Nb2O5), and Taseko’s Aley Deposit (~3,700 ppm Nb2O5) About Commerce Resources Corp. Commerce Resources Corp. is an exploration and development company with a particular focus on deposits of rare metals and rare earth elements. The Company is focused on the development of its Upper Fir Tantalum and Niobium Deposit in British Columbia and the Ashram Rare Earth Element Deposit in Quebec. For more information please visit the corporate website at www.commerceresources.com or contact Investor Relations at 1.866.484.2700 or info@commerceresources.com. On Behalf of the Board of Directors COMMERCE RESOURCES CORP. “David Hodge” David Hodge President and Director Tel: 604.484.2700 Email: dhodge@commerceresources.com Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
  • 4. Forward-Looking Statements This news release contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements. Forward looking statements in this press release include potential exists for all four commodities to be present in significant grade; commodities may be present in two well-known minerals; when Commerce is successful in establishing industry partners to advance the deposits into production; and all references to information contained in the pre-feasibility study. These forward-looking statements are based on the opinions and estimates of management and its consultants at the date the information is disseminated. They are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Risks that could change or prevent these statements from coming to fruition include the ability to finance ongoing exploration, development and metallurgical programs, changing costs for mining and processing; changing forecasts of mine production rates; the timing and content of upcoming work programs; geological interpretations based on drilling that may change with more detailed information; potential process methods and mineral recoveries assumption based on test work; the availability of labour, equipment and markets for the products produced; market pricing for the products produced; and despite the current expected viability of the project, conditions changing such that the minerals on our property cannot be economically mined, or that the required permits to build and operate the envisaged mine can be obtained. The forward-looking information contained herein is given as of the date hereof and the Company assumes no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.