| Announcement Date: | 2023-02-21 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Commerce Resources Corp. |
| Project name: | Ashram Rare Earth |
| Location: | Canada |
| Commodities: | Rare Earth |
| Highlight: | Drilling results incl. 392.8m at 2.12% REfrom surface |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | February 21, 2023 – Commerce Resources Corp. (TSXv: CCE, FSE: D7H0, OTCQX: CMRZF) (the “Company” or “Commerce”) is pleased to announce assay results for the twelve (12) holes completed at the Ashram Rare Earth and Fluorspar Deposit (“Ashram Deposit”) as part of its 2022 drill program. The Ashram Deposit is one of the largest rare earth element (“REE”) deposits in the world, and monazite is its primary rare earth mineral resulting in a strong NdPr oxide distribution (% of Nd+Pr oxide of the total REO). |
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