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Commerce Resources Corp. Intersects 325.31m of 1.96% TREO, and 90.38m of 2.21% TREO at the Ashram Deposit, Northern Quebec
Dear Eric,
Commerce Resources Corp. (TSXv: CCE) (FSE: D7H) (OTCQX: CMRZF) today announced the results for four additional drill holes completed during the summer/fall exploration program at the Ashram Rare Earth Zone at the Eldor Project in Quebec.
Significant rare earth element mineralization continues to be intersected at surface down to considerable depths.
Highlights are as follows:
- Drill Hole EC11-084: 325.31m of 1.96% Total Rare Earth Oxides (TREO)
- Drill Hole EC11-085: 144.52m of 1.94% TREO
Click Here to Read Today's News Release
Updated Mineral Resource Estimate
An updated block model and resource estimate with accompanying technical report under the supervision of SGS Geostat is currently underway using mapping and drill data from the 2011 winter and summer/fall campaigns. The initial, and current, resource includes only 12 holes (3,313 m) completed in 2010, leaving 33 holes (12,379 m) yet to be incorporated into the model.
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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VanEck Vectors Global Alternative Energy ETF
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EXPLORATEUR |
CODE : CCE.V |
ISIN : CA2006971006 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Commerce Resources est une société développant des projet miniers d'argent et d'or basée au Canada. Commerce Resources détient divers projets d'exploration au Canada. Ses principaux projets en exploration sont ELDOR, BLUE RIVER - FIR, CARBOT, AU-WEN CLAIMS et CABLE CREEK au Canada. Commerce Resources est cotée au Canada et en Allemagne. Sa capitalisation boursière aujourd'hui est 6,6 millions (4,8 millions US$, 4,4 millions €). La valeur de son action a atteint son plus haut niveau récent le 11 mai 2007 à 1,80 , et son plus bas niveau récent le 16 août 2019 à 0,04 . Commerce Resources possède 47 442 200 actions en circulation. |