Commerce Resources Reports 19.71 TREO Over 0.82 Meters at Ashram

Rare Earth Investing

Commerce Resources (TSXV:CCE) provided an update on drill results form its spring/winter drill program at its Ashram rare earth deposit in Northern Quebec.

Commerce Resources (TSXV:CCE) provided an update on drill results form its spring/winter drill program at its Ashram rare earth deposit in Northern Quebec.
As quoted in the press release:

The primary goal of the drill program was to increase the resource confidence from the current inferred category to the measured and/or indicated categories with infill drilling, as required for the ongoing Pre-feasibility Study (PFS). A total of 31 drill holes for 4,146 m were completed in the program.
Drill hole EC15-135, located in the southwest corner of the deposit, returned one of the highest-grade samples to date at 19.71% TREO over 0.82 m. The sample was collected at a shallow depth (~63 m) from a late-stage, hydrothermal vein occurrence containing coarse-grained (up to 1 cm) monazite/bastnaesite mineralization throughout.
While this intersection is not reflective of the Ashram Deposit as a whole, it highlights the potential for coarse-grained, higher-grade pockets of REE mineralization to occur at relatively shallow depths.


Click here for the full press release.

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