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’s primary focus is on rare earth elements (REEs) and the rare metals tantalum and niobium. Its principal assets are the Eldor Property in Quebec and the Blue River Tantalum-Niobium Property in British Columbia. 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. The Blue River Property, located in British Columbia, Canada, is host to the Upper Fir Deposit. The Upper Fir Deposit is located approximately 30 kilometers (km) north of the town of Blue River and is owned 100% with no underlying royalties. Capacitor Metals Corp. is the wholly owned subsidiary of the Company.

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Commerce Resources Corp

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Post by thairaton Nov 16, 2019 11:47am

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Post# 30360123

Update Chris Grove

Update 30/10 von Chris Grove: Currently we have Hazen Research in Colorado upgrading our ‘free’ fluorite concentrate to an acid grade fluorspar sample, which we look to deliver to Glencore, as requested, in the next 2 weeks or so. We do have a Binding MOU with Glencore and in the 3 years since we signed this with them, the balance of production has shifted so that China is now a net importer of fluorspar and the global price has essentially tripled. In addition, we have the last 2,000 meters of drill core from the Ashram being assayed at this time, and we hope to have these assays released in the next few weeks as well. Following the delivery of the acid grade fluorspar sample to Glencore, we will have Hazen Research write and release the metallurgical reports from the last operation of our pilot plant, detailing the highest grade REE concentrates we have produced, and then they will re-start the pilot plant itself. The operation of the pilot plant will then satisfy the requirements of the Pre-feasibility study and then we will look to produce the first round of samples as requested by Solvay etc.

Commerce Resources, Seltene Erden, Tantal und Niob | wallstreet-online.de - Vollstndige Diskussion unter:
https://www.wallstreet-online.de/diskussion/1309251-271-280/commerce-resources-seltene-erden-tantal-niob

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