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Commerce Resources Corp. (TSXV:CCE) announced that it has finished the winter drill program at its Northern Quebec-based Ashram rare earth deposit, commenting that 12 holes were completed for a total of 1,556.1 meters.
Commerce Resources Corp. (TSXV:CCE) announced that it has finished the winter drill program at its Northern Quebec-based Ashram rare earth deposit, commenting that 12 holes were completed for a total of 1,556.1 meters.
Those include:
1. Nine holes completed as infill on the Ashram Deposit over Centre Pond, focusing on the MHREO Zone, and
2. Three short geotechnical holes completed peripheral to the deposit to assess the preferred location of the dyke to be emplaced on Centre Pond.
As quoted in the press release:
The infill drill program was successful with all nine drill holes (1,494.56 metres) collaring in mineralization that continued over their entire length. Each infill drill hole was intentionally ended at a set depth below the base of the proposed pit bottom resulting in each hole bottoming in mineralization. Further, mineralogical and lithological information from several drill holes strongly indicate that the MHREO Zone was intersected over significant widths. Samples are en route to Activation Laboratories of Ancaster, Ontario for analysis. Results will be released when received.
Three short geotechnical holes (total of 62.05 metres) were completed to the east of the deposit; two on Centre Pond and one on land. Information collected included soil type, depth to bedrock, and assessment of bedrock type and competency, which will assist in determining if the proposed dyke location would be adequate. Preliminary results appear positive with information currently being assessed by Roche Ltd.
Click here to read the full Commerce Resources Corp. (TSXV:CCE) press release.