Commerce Resources Corp. is pleased to announce that it has produced additional samples of acid-grade fluorspar concentrate from the Ashram Rare Earth and Fluorspar Deposit, Quebec. The test work on fluorspar recovery is being carried out by Hazen Research, CO, USA, which is also developing the primary rare earth element recovery flowsheet [...]
Commerce Resources Corp. is pleased to announce that it has initiated a metallurgical program to produce a high-grade rare earth element mineral concentrate to satisfy a processor's request. The mineral concentrate will be produced from the Ashram Rare Earth and Fluorspar Deposit using the conventional recovery flowsheet developed at Hazen Research [...]
Commerce Resources Corp. is pleased to announce it has signed an agreement with Zimtu Capital Corp. whereas Zimtu shall provide Commerce Resources services under the ZimtuADVANTAGE program. ZimtuADVANTAGE is a program designed to provide opportunities, guidance, cost savings and assistance to clients covering multiple aspects of being a public [...]
Commerce Resources Corp. is pleased to announce a non-brokered private placement consisting of the issuance of up to 9,523,809 units at a price of $0.21 per Unit for gross proceeds of up to $2,000,000. Each Unit will consist of one common share of the Company and one common share purchase warrant, with each Warrant entitling the holder to purchase [...]
Commerce Resources Corp. is pleased to announce the start of a test project initiative with MineSense, a digital mining solutions provider based in Vancouver, BC. The project is being conducted as part of the Company's ongoing collaboration with CanmetMINING, a branch of Natural Resources Canada . MineSense specializes in digital technology [...]
Commerce Resources Corp. is pleased to announce continued advancements towards impurity suppression and removal, from high-grade fluorspar concentrate produced from the Ashram Rare Earth and Fluorspar Deposit, Quebec. Previous test work has demonstrated the ability to achieve fluorspar grades in excess of 97% CaF2, as well as specifications for [...]
Commerce Resources Corp. is pleased to announce that it has been awarded a combined total of $160,000 in grant funding in support of research and development of the Ashram Rare Earth and Fluorspar Deposit's flowsheet. The Ashram Deposit is one of the largest rare earth deposits being advanced globally, with a fluorspar component which also then [...]
Commerce Resources Corp. is pleased to report that the Ashram REE/ Fluorspar Deposit is the subject focus of two papers that will be presented at the upcoming 2020 Conference of Metallurgists . The conference was originally planned to be held in Toronto this August; however, it has recently been rescheduled for October 14th and 15th and is modified [...]
Commerce Resources Corp. is pleased to provide an update on the data review and interpretation of the fluorspar potential in the Mallard area of the Company's Niobium Claim Group Property , Quebec. The Mallard Prospect is characterized by numerous drill intersections of high-grade niobium, along with variably associated high grades of tantalum [...]
Commerce Resources Corp. announces that, further to its News Release of June 26, 2020, whereby it announced the closing of a non-brokered private placement of 6,686,939 units at a price of $0.18 per Unit for gross proceeds of $1,203,649.02, it wishes to disclose the updated amount of finders' fees paid in connection with the Offering to cash [...]
Commerce Resources announces that it has completed its previously announced non-brokered private placement, as described in its News Release dated May 8, 2020, pursuant to which it has issued an aggregate of 6,686,939 units at a price of $0.18 per Unit for gross proceeds of $1,203,649. Each Unit consists of one common share in the capital of the [...]
Commerce Resources Corp. is pleased to provide an update on the Phase II development work on the Ashram Project's fluorspar by-product with the objective to produce saleable acid-spar concentrate. The flowsheet development is being carried out by Hazen Research, CO, USA. The Phase I work focused on demonstrating the process methodology and resulted [...]