Commerce Resources Corp | Company Profile

About the Company

Commerce Resources Corp. is an exploration and development company with a particular focus on tantalum, niobium and rare metal deposits with a potential for economic grades and large tonnages. The Company is specifically focused on the development of its Upper Fir tantalum and niobium deposit in British Columbia, Canada.
Commerce Resources is also focused on the exploration of its new deposit the Eldor carbonatite in Quebec, which is highly prospective for niobium, tantalum and uranium.

Blue River Tantalum-Niobium Project (Upper Fir + Fir + Verity Project)
- Upper Fir Property -
The Upper Fir property is located in the Kamloops Mining Division of British Columbia, approximately 10 kilometers north of the town of Blue River. Commerce acquired a 100% interest in the property and is not subject to any underlying royalties.

The company has outlined an indicated resource for the Upper Fir property totaling 8.60 million tonnes grading 208.9 grams per tonne Ta2O5 and 1,372 grams per tonne Nb2O5. The Upper Fir is also host to an inferred resource of 5.50 million tonnes grading 208.2 grams per tonne Ta2O5 and 1,349 grams per tonne Nb2O5.

Eldor Project
The Eldor Property is at a relatively early stage of exploration with historic exploration results indicating considerable potential for carbonatite-hosted niobium and tantalum mineralization. Following its acquisition from Virginia Mines Inc. in 2007, Commerce Resources completed a comprehensive exploration program to confirm the historic mineralization at the property.
The Eldor Carbonatite is similar in size to, or slightly larger than, the present and past producing Canadian carbonatite complexes Oka, and St. Honore, both located in Quebec. It is also comparable in size to the Araxa Carbonatite Complex in Brazil, which is about 4.5 kilometers in diameter.

Carbo Project
The Carbo Claims are located north of Prince George and cover a series of carbonatite and alkalic intrusions atop Bear Ridge. During 2006-2007, the Company conducted rock and soil sampling, and geophysical surveys. The results have produced highly anomalous concentrations of niobium and rare earth elements in the soil and rock samples. Further exploration is required to ascertain the nature of this mineralization.

Management
- Dr. Axel Hoppe, Chairman and Director
- David Hodge, President and Director
- Jody Dahrouge, Vice President Exploration and Director
- Shaun Ledding, Director
- Alicia Milne, Corporate Secretary

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