zu CCE:
COMMERCE RESOURCES CORP. (TSXV: CCE)
METALLURGY IMPROVED
On August 13th, Commerce
Resources released additional
results from the on-going
metallurgical programs for the
Ashram Rare Earth Element
Project in northern Quebec.
The new results confirm the
ability to produce a >45 %
mixed REE mineral concentrate
with an average mass
reduction of 94 %. The PEA
(July 2012) was based on the
production of a 10 % mixed
REE concentrate with a mass
reduction of 87 %. CEO Dave
Hodge states:
“In terms of benchmarking
amongst other rare earth projects
in development, confirming
the ability to concentrate
to such a high degree,
along with such a significant
reduction of mass, identifies
the Ashram Deposit as a
leader.
Having mineralogy which
has a history of successful
commercial processing is
absolutely critical in this industry,
and Ashram with its
sheer size, grade, balanced
rare earth distribution, and
overall mineral concentrate
grades achieved to date,
show that this deposit is well
positioned to enter production
at a level which will have
a meaningful impact in the
light, middle, and heavy REE
supply chain.”
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