sur Commerce Resources Corp. (NASDAQ:CMRZF)
Commerce Resources Unveils Knox Niobium Prospect Discovery
Commerce Resources Corp. has announced the discovery of the Knox Niobium Prospect in Quebec's Eldor Property. Initial drilling revealed considerable niobium mineralization, including 69.4 meters grading 0.61% Nb2O5. Drill program results also indicate significant finds at the Miranna Prospect, extending known niobium mineralization.
The 2024 drill initiative included tests on both Knox and Miranna prospects, with notable intercepts at Knox showing 96.5 meters at 0.51% Nb2O5. The Miranna Prospect returned figures such as 65.7 meters at 0.53% Nb2O5. The remaining core assay results from thirteen drill holes are expected by Q4 2024 end.
These discoveries underscore the Eldor Property's potential, neighboring the Ashram Rare Earth and Fluorspar Deposit. Commerce Resources aims to expand North America's niobium supply, aligning with strategic development goals within the sector.
R. H.
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