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Commerce Resources completes winter/spring drilling at Ashram rare earths deposit

by Greg Klein | May 20, 2015

This year’s Phase I field work has wrapped up at northern Quebec’s Ashram rare earths deposit, Commerce Resources TSXV:CCE announced May 20. The campaign included a 31-hole 4,146-metre drill program as well as downhole surveying, geomechanical sampling and hydrogeological testing. While moving the project towards pre-feasibility, drilling was intended to upgrade the resource and conduct geotechnical, geomechanical and hydrogeological studies.

Commerce Resources completes winter-spring drilling at Ashram rare earths deposit

Green dots show holes completed in this year’s Phase I program, while red indicates locations planned for Phase II and grey shows pre-2015 holes.

Most drilling consisted of infill holes over Centre Pond, along the deposit’s eastern periphery, as well as on the MHREO zone, Commerce stated. Ten holes over Centre Pond tested depths ranging from 82 metres to 223 metres “to coincide with end-of-hole depths targeted below the level of the deepest Whittle pit shell” identified in Ashram’s preliminary economic assessment, which was released in 2012 and revised last January.

With assays pending from this program, the company has Phase II scheduled to begin in late June or early July.

Last month Commerce announced successful completion of Phase I metallurgical work at Ashram’s mini-pilot plant, which produced several kilograms of mixed rare earths concentrate and demonstrated flotation performance on a continuous basis.

In March Commerce filed an updated 43-101 technical report for its Blue River tantalum-niobium project in southeastern British Columbia, which reached PEA in 2011.

Read more about Commerce Resources.

Read about rare earths in Canada.

Disclaimer: Commerce Resources Corp is a client of OnPage Media Corp, the publisher of ResourceClips.com. The principals of OnPage Media may hold shares in Commerce Resources.

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