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Pre-feasibility study and drill program planned

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 NUNAVIK 

Planning is underway for a diamond drill program at the Ashram Rare Earth and Fluorspar Deposit by Commerce Resources Corp. A total of 15 to 20 NQ‐size drill holes, for approximately 2,500 m, will be focused along the northern, southern, and central portions of the Ashram Deposit. The drilling will further delineate the deposit’s geometry and extent of mineralization, as well as target an increase in resource confidence to the measured category in the core area of the deposit where the neodymium‐praseodymium (“NdPr”) distribution is highest. 

In addition to the diamond drill program, Commerce intends to carry‐out the remaining environmental work at site required to support the Ashram Project’s ongoing Pre‐feasibility Study. Several other related and remaining Pre‐feasibility components are also planned. 

The Company expects to carry‐out the 2021 field program concurrently with the drill program by Saville Resources Inc. on the adjacent Niobium Claim Group Property.