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Commerce Resources Corp. Drills 2.10% TREO over 586.92 metres including 3.00% TREO over 36.99 metres at the Eldor Property, Quebec

Investing News Network
Jun. 29, 2011 09:32AM PST
Rare Earth Investing

Commerce Resources Corp. (CVE:CCE,FRA:D7H,OTC:CMRZF) reports the assay results for the first four of seven drill holes at the Ashram Rare Earth Element Zone at its Eldor project, Quebec.

Co

mmerce Resources Corp. (TSXV:CCE,FRA:D7H,OTC:CMRZF) reports the assay results for the first four of seven drill holes at the Ashram Rare Earth Element  Zone at its Eldor project, Quebec.

The press release is quoted as saying:

The thickness and north-south extent of the REE mineralization at the Ashram Zone has been significantly expanded by this set of drill holes. The highlight is EC11-048 which intersected REE mineralized carbonatite over its entire length returning 2.10% Total Rare Earth Oxides (“TREO”) over 586.92 metres including 36.99 metres of 3.00% TREO. EC11-048 is the best hole reported to date in terms of grade and thickness with seven sample intervals returning greater than 4% TREO to a peak value of 9.88% TREO. The hole ended in mineralization as the depth limitations of the drill were reached.

Click here to access the entire news release.

Click here to access Commerce Resources’ company profile.(TSXV:CCE)

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