Commerce Resources Corp. Initiates Downstream Hydrometallurgical Program for the Ashram Rare Earth Deposit

Posted: November 3, 2014 at 12:47 am


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VANCOUVER, Sept. 23, 2014 /CNW/ -Commerce Resources Corp. (TSXv: CCE, FSE: D7H) (the "Company" or "Commerce") announces that it has initiated a program of downstream hydrometallurgical processing for material from the Ashram Rare Earth Deposit. This hydrometallurgical testing will demonstrate the entire conceptualized flowsheet with a target of producing a mixed rare earth carbonate (REC) product. Once the hydrometallurgical flowsheet is fully bench tested, and mineral processing further optimized, a mini pilot plant will commence to generate feed for the production of a cerium and lanthanum depleted mixed REC concentrate for evaluation by a potential joint venture and/or off-take partner.

The testwork also allow for a deeper evaluation of other potential end-product options with ready markets.

After a detailed review of the flowsheet, as well as a third party in-depth review of marketable rare earth products and potential end-users, the work is now focusing on the following objectives:

The metallurgical programs will be conducted at UVR-FIA GmbH in Germany, and Hazen Research Inc. in Golden, CO. Both the hydrometallurgical and mineral processing programs will be completed in a parallel and cooperative manner between Hazen and UVR for optimal advancement of the schedule.

Commerce President Chris Grove states: "Through our understanding of industry interests and requirements, we are excited to be initiating these advanced metallurgical programs with Hazen and UVR."

NI 43-101 DisclosureDarren L. Smith, M.Sc., P.Geol., Dahrouge Geological Consulting Ltd., a Qualified Person as defined by National Instrument 43-101, supervised the preparation of the technical information in this news release.

Eric Larochelle, Eng, and Alain Dorval, Eng., Manager- Process, Mining and Mineral Processing., of Roche Ltd, Consulting Group, Qualified Persons as defined by National Instrument 43-101, reviewed the technical information presented in this news release.

About Commerce Resources Corp.Commerce Resources Corp. is an exploration and development company with a particular focus on deposits of rare metals and rare earth elements. The Company is focused on the development of its Ashram Rare Earth Element Deposit in Quebec and the Upper Fir Tantalum and Niobium Deposit in British Columbia

On Behalf of the Board of Directors COMMERCE RESOURCES CORP.

"Chris Grove"Chris Grove President Tel: 604.484.2700 Email: mailto:cgrove@commerceresources.com

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Commerce Resources Corp. Initiates Downstream Hydrometallurgical Program for the Ashram Rare Earth Deposit

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November 3rd, 2014 at 12:47 am

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