Commerce Resources Drills 122.5 m at 0.62% Nb2O5 at the Mallard Prospect, Eldor Property, Quebec

Commerce Resources Corp. (TSXv: CCE, FSE: D7H0, OTCQX: CMRZF) has announced significant drill results from the Mallard Prospect at its Eldor Property in Quebec. The company intersected 122.5 meters (m) grading 0.62% Nb2O5, including a higher-grade interval of 17.1 m at 1.00% Nb2O5. This result is a notable addition to the overall mineral resource estimate for the Eldor Property.

The drill result has a positive impact on the overall grade and tonnage of the Mallard Prospect's mineral resource estimate. The wide, high-grade intercepts demonstrate the potential for a substantial niobium deposit. The presence of significant tantalum and phosphate mineralization further enhances the economic viability of the project.


The potential economic impact of this drill result on the Eldor Property's future mining operations is significant. The high-grade, wide intercepts suggest that the Mallard Prospect could become a major source of niobium, tantalum, and phosphate. These commodities are crucial for various industries, including electronics, aerospace, and metallurgy.


The drill result compares favorably with previous drill results and the overall mineral resource estimate for the Eldor Property. The intersection of 122.5 m at 0.62% Nb2O5 is one of the most significant to date, highlighting the potential for a large, high-grade niobium deposit. The presence of fluorite zones in the 2021 Mallard drill holes further enhances the economic potential of the project.

In conclusion, Commerce Resources' drill result at the Mallard Prospect is a significant milestone for the Eldor Property. The high-grade, wide intercepts demonstrate the potential for a substantial niobium deposit, with positive implications for the overall mineral resource estimate and future mining operations. The presence of significant tantalum and phosphate mineralization, as well as fluorite zones, further enhances the economic potential of the project.