Commerce Resources Corp’s promising 1000km Blue River property in British Columbia, Canada, includes the Upper Fir, Fir and Verity projects. Exploration to date at the Upper Fir deposit has outlined an indicated resource of 8.6Mt at 208.2g/t Ta
2O5 and
2O5 (niobium pentoxide) and an inferred
2O5 and 1349.9g/t
2O5. First production is hoped for the second half of 2O5 and 1047g/t Nb2O5. Th e Fir is also host to an inferred resource of 6.7Mt at 203.1g/t Ta
2O5, and
2O5. Th e Verity deposit, 10km north of the
2O5, 646g/t Nb2O5 and 3.20%
2O5. Commerce Resources also holds the early stage Eldor property in Quebec, which has historic exploration results that indicate considerable potential for carbonatite-hosted niobium and tantalum mineralisation. Following its acquisition from Virginia Mines Inc in 2007, Commerce Resources completed an exploration programme to confi rm the historic mineralisation at the property and is currently staging a second drilling campaign. An example of Commerce Resources ambitions to become a leading tantalum supplier is its study into intermediate products, which it will sell to the market to maximise profi ts. Th ese include – besides tantalum concentrate (Ta
2O5) – tantalum oxide powder (99.9% purity), niobium oxide, tantalum and niobium potassium salts, chloride forms and possibly upgrading the niobium to ferroniobium. http://noventa.net/pdf/presentations/eGloCap_Oct08_Tantalum.pdf
P Fir deposit, is estimated to host an inferred resource of 3.06Mt at 196g/t Ta 1047g/t Nb 2010, but will depend on the results of a prefeasibility study scheduled for release before the end of 2008. Exploration to date at the Fir deposit has outlined an estimated indicated resource of 5.65Mt at 203.1g/t Ta Nb resource of 5.5Mt at 208.2g/t Ta 1372.6g/t Nb |