Mr. David Hodge reports
COMMERCE RESOURCES CORP. INTERSECTS 2.30% TREO OVER 172.89 M AT THE ELDOR PROPERTY, QUEBEC AND UP TO 45% HEAVIES
Commerce Resources Corp. is in receipt of analytical results for the remaining five holes from the 2010 drill program at the Ashram Rare Earth Zone. The Ashram Rare Earth Zone is located at the Company's wholly-owned Eldor Project within northern Quebec. Highlights are as follows:
Drill hole EC10-045: 309.18 metres of 1.99% Total Rare Earth Oxides ("TREO"), including172.89 m of 2.30% TREO.Drill hole EC10-044: 239.66 metres of 1.78% TREO, including 71.11 m of 2.19% TREO, withheavy and middle rare earth oxide contents of individual samples up to 45.3%.Importantly, the middle to heavy rare earth oxide (MREO, HREO) enriched zone previously identified in EC10-047 (see news release dated November 24, 2010) is evident 110 metres to the east in EC10-044 with 15.7% MREO+HREO over 55.56 m. This interval includes 19.8% over 17.13 m with a peak value of >45% MREO+HREO. Grades of TREO within the enriched zone range from 0.75 to 2.20%. The enriched zone is also evident in EC10-045 with 13.2% MREO+HREO over 19.0 m. MREO is defined as samarium through gadolinium and HREO as terbium through lutetium plus yttrium.