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Commerce Resources Corp. Intersects 176.43 Metres of Middle and Heavy Rare Earth Element Enrichment from Surface at the Ashram Deposit, Northern Quebec
Dear Eric,
Commerce Resources Corp. (TSXv: CCE) (FSE: D7H) (OTCQX: CMRZF) today announced the results for five additional drill holes completed during the summer/fall exploration program at the Ashram Rare Earth Zone at the Eldor Project in Quebec.
Of the results, two holes have significantly expanded the Middle and Heavy Rare Earth Oxide ("MHREO") zone at depth; increasing it to more that 175 metres from surface.
Highlights are as follows:
- Drill Hole EC11-076A: 176.43 metres of 12.3% MHREO at 1.56% TREO
- Drill Hole EC11-075: 104.19 metres of 12.7% MHREO at 1.54% TREO
Click Here to Read Today's News Release
Further Results to Come
A total of 33 holes (10,120 metres) were completed with 26 holes (9,012 metres) at the Ashram Rare Earth Zone, and 7 holes (1,108 metres) at regional targets. Analytical results from the remaining holes will be reported in batches as they are received. Data compilation of regional results is underway as well as metallurgical, mineralogical, and environmental studies on the Ashram Deposit in preparation for a Preliminary Economic Assessment.
For more information on Commerce Resources Corp:
Following your review, if you have any questions, feel free to contact investor relations at 604.484.2700 or toll free at 1.866.484.2700.
Sincerely,
Chris Grove
Corporate Communications
Tel: 604.484.2700
Email: cgrove@commerceresources.com
Disclaimer: This email does not constitute investment advice. Commerce Resources Corp. provides investor relations materials for convenience and information only.
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Commerce Resources Corp. | Suite 1450 - 789 West Pender Street | Vancouver | BC | V6C 1H2 | Canada | |
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Commerce Resources Corp.
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EXPLORATION STAGE |
CODE : CCE.V |
ISIN : CA2006971006 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Commerce Resources is a silver and gold development stage company based in Canada. Commerce Resources holds various exploration projects in Canada. Its main exploration properties are ELDOR, BLUE RIVER - FIR, CARBOT, AU-WEN CLAIMS and CABLE CREEK in Canada. Commerce Resources is listed in Canada and in Germany. Its market capitalisation is CA$ 32.3 millions as of today (US$ 23.8 millions, € 21.5 millions). Its stock quote reached its highest recent level on May 11, 2007 at CA$ 1.80, and its lowest recent point on August 16, 2019 at CA$ 0.04. Commerce Resources has 293 860 000 shares outstanding. |