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Dear Eric,
Commerce Resources Corp. (TSXv: CCE)(FSE: D7H)(OTCQX: CMRZF) today announced the results for the first two drill holes completed during the summer/fall exploration program at the Ashram Rare Earth Zone at the Eldor Project in Quebec.
The initial two holes were successful in intersecting substantial middle and heavy rare earth oxide enrichment at and near surface. The enrichment is significant as very few carbonatites are host to rare earth deposits that are considerably enriched in the middle and heavy rare earths such as at Eldor.
Click Here to Read Today's News Release
Click Here to View the Current Drill Plan Map
Further Results to Come
As of October 17, 2011, a total of 9,300 metres of drilling over 32 holes have been completed as part of the summer/fall drill program at Eldor. Analytical results for the remaining 30 holes will be reported in batches as they are received.
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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Commerce Resources Corp.
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EXPLORATION STAGE |
CODE : CCE.V |
ISIN : CA2006971006 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Commerce Resources is a silver and gold development stage company based in Canada. Commerce Resources holds various exploration projects in Canada. Its main exploration properties are ELDOR, BLUE RIVER - FIR, CARBOT, AU-WEN CLAIMS and CABLE CREEK in Canada. Commerce Resources is listed in Canada and in Germany. Its market capitalisation is CA$ 36.7 millions as of today (US$ 26.7 millions, € 25.0 millions). Its stock quote reached its highest recent level on May 11, 2007 at CA$ 1.80, and its lowest recent point on August 16, 2019 at CA$ 0.04. Commerce Resources has 293 860 000 shares outstanding. |