Assay TV catches up with Chris Grove, President and Director of Commerce Resources (TSXV: CCE | FSE: D7H0 | OTC: CMRZF), to discuss how the company’s Ashram Rare Earth Deposit in northern Quebec, Canada, can cater to the growing market demand for rare earth elements.
Chris says that Ashram, the world’s second-largest defined fluorspar deposit with high neodymium, can produce high-grade mineral REE concentrate of more than 45% REO at a high recovery rate (~75%), which is arguably attractive to the industry. He also discusses how the process flowsheet and pre-feasibility study at Ashram are underway and will be complete within the first two quarters of next year.
Website: commerceresources.com
Primary tickers: TSXV:CCE, FSE:D7H0, OTC:CMRZF
Stages of development: Exploration, Development
Commodities: Rare Earth Elements, Rare Metals
Project to promote: The Ashram Rare Earth Element and Fluorspar Deposit
Project location: Canada
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The Assay TV – Chris Grove, President & Director, Commerce Resources (TSXV:CCE, FSE:D7H0, OTC:CMRZF)
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