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Commerce Resources Corp V.CCE

Alternate Symbol(s):  CMRZF

Metals & Mining Industrial Metals & Minerals
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

Commerce Resources Corp
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Post by thairaton Dec 18, 2019 9:43am
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Post# 30467660

Mike Kachanovsky on Commerce Laval News

Mike Kachanovsky on Commerce Laval NewsI need to learn more about the technical details for the processing loop under testing, but my understanding of this news is that more of the waste rock is removed during the initial stages of the processing, and a higher grade concentrate is produced. This means that secondary processing will be more effective, as less acid will be needed to dissolve and separate the REEs from the slurry. Higher production achieved, with lower costs due to lower acid consumption in processing. There will be an extra cost associated with the reagents in the new system but it will be more than offset with the performance improvements.

I think this is potentially very important, and as the news states, they need to test the process further to make sure its not just an anomaly from the test regime. However, if they can continue to demonstrate improved recovery efficiency with multiple batches of different sample material yielding the same performance, then we can conclude its a legitimate breakthrough that will make the development of Ashram even more attractive and economic.

cheers!
mike

https://forum.mexicomike.ca/viewtopic.php?style=20&f=2&t=12167&sid=ecb938ea0bddbb880c6e0b4facbb8330#p217602
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