Markets

Commerce Resources Intersects 176.43 metres of Middle, Heavy Rare Earth Element Enrichment from Surface at Ashram Deposit

A generic image of a pen on a chart
Credit: Shutterstock photo

Commerce Resources Corp. (CCE.V), which lost nearly 5% yesterday, reported the results for an additional five drill holes completed during the summer/fall exploration program at the Ashram Rare Earth Element Deposit, at the Eldor Project in northern Quebec.

Of the results, it said two holes have significantly expanded the Middle and Heavy Rare Earth Oxide zone at depth, increasing it to more than 175 metres from surface. Highlights are as follows: Drill Hole EC11-075, 104.19 metres of 12.7% MHREO at 1.54% Total Rare Earth Oxides; Drill Hole EC11-076A, 176.43 metres of 12.3% MHREO at 1.56% TREO.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

Commodities

Latest Markets Videos

    MTNewswires

    Founded in 1999, MT Newswires (formerly known as Midnight Trader) is a leading provider of original source, multi-asset class, real-time, global financial news and information to most of the largest banks, brokerage firms and professional market data, trading & research applications in North America.

    Learn More