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Commerce Resources Corp V.CCE

Alternate Symbol(s):  CMRZF

Commerce Resources Corp. is a Canada-based junior mineral resource company focused on the development of the Ashram Rare Earth and Fluorspar Deposit located in Quebec, Canada. The Company is primarily focused on suppling of mixed rare earth carbonate and/or neodymium and praseodymium (NdPr) oxide to the global market. Its primary asset is the Eldor Property in Quebec. The Eldor Property is situated in northern Quebec approximately 130 km south of the town of Kuujjuaq. The Property is 100%-owned by the Company and is composed of 244 claims comprising approximately 11,475 hectares, including the Ashram Rare Earth Deposit. Capacitor Metals Corp. is the wholly owned subsidiary of the Company.


TSXV:CCE - Post by User

Bullboard Posts
Post by herbaciouson Aug 05, 2009 10:04pm
335 Views
Post# 16194766

CCE WHY BUY IT NOW?

CCE WHY BUY IT NOW?Commerce Resources focuses on tantalum, niobium, and other rare earth metals in carbonatites, especially at the Upper Fir deposit at their Blue River Project in British Columbia, and their new Eldor Prospect in Quebec, which is enriched in phosphorus, uranium, and rare earth elements in addition to tantalum and niobium.
The discovery of purple, fluorite"points to the multi-commodity potential of Eldor Property" according to their web site , which quotes David Hodge, President of Commerce.He predicts the Upper Fir Project could have a mine life of more than 15 years with annual production of tantalum reaching 1 million pounds (about 450 tonnes).

Resource estimates for Upper Fir deposit in a 2007 NI43-101 report show it to be the largest deposit of tantalum mineralization in the area.
Using a cut-off grade of 100 grams Ta2O5/tonne, indicated resources are estimated at 23.1 million tonnes of 177 grams Ta2O5/tonne and 1145 grams Nb2 O5/tonne, and inferred resources are estimated at 23.1 million tonnes of 177 grams Ta2 O5 tonne and 1145 grams Nb2 O5 tonne ,and inferred resource estimate at 13.3 million tonnes of 178 grams Ta2 O5 /tonne, and1149 Nb2O5/tonne, consistent with previous estmates from the property area.

tantalum and niobium are hosted mainly in the reddish mineral pyrochlore; high phosphorus is assumed to come from apatite in the report, but given anomalus thorium (Th) some monazite might also be present, which could also host the elevated REE values.

In preliminary exploration, the Carbo property north of Prince George, BC, also exihits anomalous tantalum, niobium, and rare earth melements

i strongly

suggest that
you do your own due diligence

herb
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