Assay TV is joined by Chris Grove, President and Director of Commerce Resources (TSXV: CCE, FSE: D7H0, OTC: CMRZF), as he updates us on the company’s rare earth metals exploration and development project in Canada.
Commerce Resources has successfully produced a commercially marketable sample of rare earth carbonate, which contains high levels of magnet feed, a key component in magnet manufacturing, from the company’s Ashram Rare Earth and Fluorspar Deposit located in Quebec.
The company intends to continue to bulk through material at its pilot plant, Hazen Research, to produce samples for delivery to several industry majors. Commerce is also currently working on a revised Pre-Feasibility Study, which is expected to be released later this 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