• Connect with us
  • Information
    • About Us
    • Contact Us
    • Careers
    • Partnerships
    • Advertise With Us
    • Authors
    • Browse Topics
    • Events
    • Disclaimer
    • Privacy Policy
  • NORTH AMERICA EDITION
    Australia
    North America
    World
Login
Investing News NetworkYour trusted source for investing success
  • NORTH AMERICA EDITION
    North America
    Australia
    World
  • My INN
Videos
Companies
Press Releases
Private Placements
SUBSCRIBE
  • Reports & Guides
    • Market Outlook Reports
    • Investing Guides
  • Button
Resource
  • Precious Metals
  • Battery Metals
  • Base Metals
  • Energy
  • Critical Minerals
Tech
Life Science
Rare Earth Market
Rare Earth News
Rare Earth Stocks
  • Rare Earth Market
  • Rare Earth News
  • Rare Earth Stocks

Commerce Resources Begins Phase II of 2015 Drill Program at Ashram

Teresa Matich
Jul. 09, 2015 12:14PM PST
Rare Earth Investing

Commerce Resources (TSXV:CCE) announced that the second phase of its 2015 drill program at its Ashram Rare Earth deposit in Quebec. The summer/fall drill program is expected to be completed in December.

Commerce Resources (TSXV:CCE) announced that the second phase of its 2015 drill program at its Ashram Rare Earth deposit in Quebec. The summer/fall drill program is expected to be completed in December.
As quoted in the press release.

The program will consist of approximately 3,000 metres (~32 holes) and will focus on the remaining resource infill, mine-site infrastructure assessment, and hydrological test work as required for the ongoing Pre-feasibility Study (PFS).
Approximately 2,200 m (17 holes) will be completed as part of the infill drill program in order to increase the resource confidence from the current inferred category to the indicated and/or measured categories. An indicated or measured resource category is required for all in-pit mineralized material in order to convert mineral resources to ore reserves as required for the completion of the PFS.
The infill drilling will comprise NQ and HQ core size with hole depths ranging from 50 to 200 m. In addition, one drill hole will target a gravity anomaly proximal to the south of the deposit. This anomaly is postulated to be related to the middle and heavy rare earth oxide mineralization present at Ashram, which has been associated with a strong gravity anomaly.
The infrastructure assessment will include an estimated 14 geotechnical drill holes (~600 m), of which, 2-3 will also serve as condemnation drill holes to be located at the mill and ancillary structure site, as well as the tailings management facility site options (both conventional and drystack). Drill hole depths are anticipated to range from 10 m to 150 m.

Click here to read the Commerce Resources (TSXV:CCE) press release

tsxv:cce
The Conversation (0)

Go Deeper

AI Powered
Commerce Resources Corp.

Commerce Resources Corp.

Mt Cattlin Ore Reserve update confirms mine life extension

Mt Cattlin Ore Reserve update confirms mine life extension

Latest News

Outlook Reports

Resource
  • Precious Metals
    • Gold
    • Silver
  • Battery Metals
    • Lithium
    • Cobalt
    • Graphite
    • Electric Vehicles
  • Agriculture
  • Base Metals
    • Copper
    • Nickel
    • Zinc
  • Critical Metals
    • Rare Earths
  • Energy
    • Uranium
    • Oil and Gas
Tech
    • Artificial Intelligence
    • Cybersecurity
    • Robotics
    • Crypto
    • Cleantech
Life Science
    • Biotech
    • Cannabis
    • Pharmaceuticals

Featured Stocks

More featured stocks

Browse Companies

Resource
  • Precious Metals
  • Battery Metals
  • Energy
  • Base Metals
  • Critical Metals
Tech
Life Science
MARKETS
COMMODITIES
CURRENCIES