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Hallo,

ich habe vor einer Woche eine Mail an Commerce geschickt und bekam zunächst leider keine Antwort. Etwas negativ überrascht fragte ich gestern erneut an und siehe da: innerhalb einer halbe Stunde bekam ich eine Antwort von Chris Groove. Meine erste Mail kam wohl nicht an, obwohl ich das Kontaktformular auf der CCE-Homepage benutzt habe. Egal, auf meine Fragen habe ich nun Antworten - und die möchte ich euch nicht vorenthalten:


I do apologize that we haven’t contacted you until now. All I can say is that I am not sure if your original email got to us, but I am happy that we received it today and will be happy to answer all of your questions.

In regards the current hydro-metallurgical test that is being
run at SGS Lakefield, we had thought that they would have
a) received the sample form Acme labs earlier and
b) that they would have had an opening to work on this test earlier. However, the sample material arrived in good order
and is being worked on at this time.

I expect data back from SGS in 2 or 3 weeks and of course, hope that the 2004 test results are simply confirmed with this very same test, albeit on a commercial sized sample. This would confirm that Commerce has a lower consumption of acid than the industry standard (set by the HC Starck Corporation on the ore from the Sons of Gwalia).

This lower consumption of acid would then mean lower processing costs and of course this would be extremely significant for Commerce. (We have already, as you may know, shown that our mining and on-site separation costs – to produce a very high purity tantalum and niobium concentrate- are on the very low end of the scale).

In regards your other question about what are the immediate plans for the future for CCE, the drilling on the Upper Fir is set to begin on June 15, 2007. We will first drill about 6 in-fill holes to take the Upper Fir completely into an indicated category, which is as high a category as we need to go with this type of deposit.

Secondly we will then drill to the south with an eye to connect the upper Fir with the Bone Creek deposit which we drilled in 2005. The two deposits are now about 500 meters apart and we believe that they are probably connected and are really just one very large deposit.
This may then double again the size of the Upper Fir.

And then we will drill some high grade targets that are about 10 kilometers to the north of the Upper Fir, and just to the east of the Verity deposit. We have received many soil samples grading in
the area of 500 – 600 ppm and one sample that was as high as 2,900 ppm, and we feel that it is necessary to drill in this area to see what is there. (The drill average for all 4 deposits at this time is approximately 200ppm tantalum).

The resource calculation document (the 43-101 on the Upper Fir) is being completed at this time and should be released publicly in the next week or two.

The feasibility study and the time of its release is contingent upon three factors. They are: 1) the drill results from the Upper Fir confirming the area that we have identified with the 20 holes
drilled to date into the indicated category (probably about 6 weeks to 2 months), 2) the hydro-metallurgical test results from SGS Lakefield (expected back in the next 3 weeks) and the results from the scoping study (which will need both the drill results and the SGS results just mentioned and so I would think we should have this in about 1 to 2 months time).

Once the scoping study is completed, all of the information in it will be used to complete the feasibility study. I believe we should have this feasibility study by mid-fall of this year.

I hope that I have answered all of your questions, but
please contact me if there is anything else you think of.

I look forward to hearing from you again.

All the best,

Chris Grove


Das nenne ich hervorragende IR-Arbeit!
Viele Grüße
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aus der Diskussion: Commerce Resources- Faktenthread zu diesem Tantalexplorer
Autor (Datum des Eintrages): privateer  (07.06.07 22:10:17)
Beitrag: 45 von 444 (ID:29694741)
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