Commerce Resources Announces Publication of Paper on Rare Earth Mineral Processing

VANCOUVER, BC / ACCESSWIRE / April 11, 2024 / Commerce Resources Corp. (TSXv:CCE)(FSE:D7H0)(OTCQX:CMRZF) (the "Company" or "Commerce") is pleased to announce the publication of a paper on rare earth element ("REE") mineral processing, which has been supported by sample material from the Ashram Rare Earth and Fluorspar Deposit, wholly owned by the Company, located in Nunavik, Quebec.

The paper, titled "Assessment of the impact of grinding conditions and water quality on the flotation of rare earth elements bearing minerals using hydroxamic acid" was published earlier this month in The Canadian Journal of Metallurgy and Materials Science, a peer-reviewed international journal.

The publication is part of an ongoing research and development program being carried-out as a collaboration between the Company, Université du Québec en Abitibi-Témiscamingue (UQAT), and Industrial Waste Technology Centre (CTRI). As part of its contribution to the work, the Company provided approximately 1.5 tonnes of Ashram Deposit material to be used as feed for the various test programs. The research and development test programs, targeted at optimization of flotation, are jointly funded through both Provincial and Federal grant mechanisms (see news release dated August 25, 2020).

Company President Chris Grove states, "we are grateful to have been in a position to contribute to this publication and, in general, the continued research and development of REEs in the province of Quebec. Quebec has a wealth of mineral potential, and in the REE space this includes the Ashram Rare Earth and Fluorspar Deposit held by the Company. The Company remains active in the academic space with grant supported collaborations ongoing with several provincial and federal institutions."

The Company is pleased to provide its continued support to the academic and institutional REE research and development industry through the supply of Ashram Deposit material and geological expertise, supporting the development of highly qualified personnel (HQP) in Canada. The Ashram Deposit outcrops at surface and has allowed for cost-effective collection of large amounts of material for test work. As such, the Company is actively engaged with various research and academic institutions to support the advancement of the REE industry in Canada, and in Quebec specifically.