Commerce Resources (TSXv: CCE; FSE: D7H) (“Commerce”) is pleased to announce that it has executed a Memorandum of Understanding (“MOU”) with Alexander Krupin for the purpose of integrating feedstock from Commerce’s Upper Fir Tantalum and Niobium Deposit in British Columbia (the “Upper Fir Deposit”) with the proprietary separation process developed by Alexander Krupin.
Under the terms of the MOU, Commerce will provide a one metric tonne sample of Upper Fir Deposit material to Alexander Krupin’s facility in Estonia, for the purposes of evaluating the process and its applicability in processing the feed stock material to independent tantalum and niobium products.
It is expected that this sample of material from the Upper Fir Deposit will be received in Estonia in the next several weeks and processing work will begin immediately.
Commerce Resources President Chris Grove said:
“We are excited by this opportunity to work with, and supply material to, Alexander Krupin for test work using his novel processing technology in Estonia.
Alexander has a long and significant history in metallurgy and we are very interested to see the results from this demonstration of his new technology on our Upper Fir Deposit feed stock, from our Blue River project here in British Columbia.”