Commerce Resources Corp. Announces Increased Indicated Resource for Upper Fir Tantalum and Niobium Deposit

By Staff,

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Commerce Resources Corp. (CCE.V) today announce the completion of a National Instrument ( NI ) 43-101 compliant Mineral Resource update that incorporates drilling results to the end of 2010 for the Upper Fir Tantalum-Niobium Deposit at Blue River, B.C.


- Study results show Indicated Mineral Resources totalling 51.8 million tonnes at 192 ppm Ta2O5 and 1,490 ppm Nb2O5 and Inferred Mineral Resources totalling 8.8 million tonnes at 186 ppm Ta2O5 and 1,660 ppm Nb2O5.

- This represents a 42% increase in the tonnage of Indicated Resources and a 37% increase in the tonnage of Inferred tonnes over the figures in the 2011 PEA.

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This article appears in: Investing Commodities
Referenced Stocks: NI

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