News
Overview
Contact

Zimtu Capital Corp.

Suite 1450 - 789 West Pender St.
Vancouver, BC V6C 1H2
Phone: 604.681.1568
Fax: 604.681.8240
Toll Free: 1.877.377.6222

Archive for December, 2014

Commerce Resources Corp: Update on the Metallurgical Programs for the Ashram Rare Earth Element Deposit

Monday, December 15th, 2014

Commerce Resources Corp. (TSXv: CCE) provided an update on its metallurgical programs for the Ashram Rare Earth Element Deposit in northern Quebec.  The primary objectives of the programs are to demonstrate the entire flowsheet (mini-pilot / bench testing) through to the production of several kilograms of marketable mixed rare earth carbonate concentrate, and to produce a sample of high purity mixed RE chloride concentrate to further establish flowsheet product versatility.

News Release

Click Here for the Complete News Release

Highlights from the update include:

  • Reproduced baseline flotation flowsheet using varied Ashram feedstock material.
  • Improved flotation concentrate grades.
  • Improved flotation concentrate recoveries.
  • Initial program expanded to produe 500g of mixed RE chloride concentrate, of high purity, anticipated to further demonstrate flowsheet product versatility.
  • Demonstrated successful hydrochloric (HCl) acid regeneration on synthetic solution with up to 66% recovery into 24-26% HCl concentrated solution.

 

Figure 1:  Base Ashram Flowsheet for Production of High-grade (>40% TREO) Mineral Concentrate

Figure 1: Base Ashram Flowsheet for Production of High-grade (>40% TREO) Mineral Concentrate

 

Commerce Resources President Chris Grove stated, “These are significant results showing continued advancements on the fundamentals for our Ashram REE Deposit. We are fortunate to be able to underwrite programs both in the lab and in the field to advance our world class asset, and further, appreciate the interest we are receiving from industry.”

 

Zimtu Roadtrip 2014

Commerce Resources was a participant of Zimtu Roadtrip 2014.  The annual event brings mining executives and investors together in various European cities.  In 2014, there were events in Frankfurt, Munich, Zurich and Geneva.

We would like to share some of the photos:

Chris Grove, President of Commerce Resources in Frankfurt [Zimtu Roadtrip]

Chris Grove, President of Commerce Resources in Frankfurt, Germany [Zimtu Roadtrip]

Kevin Bottomley, Corporate Communication of Commerce Resources Corp. in Frankfurt, Germany [Zimtu Roadtrip]

Kevin Bottomley, Corporate Communication of Commerce Resources Corp. in Frankfurt, Germany [Zimtu Roadtrip]

Discussion of Commerce Resources Corp. by Dave Hodge, Dr. Hans Bocker and Sven Olsson at the Edelmetall- & Rohstoffmesse in Munich, Germany

Discussion of Commerce Resources Corp. by Dave Hodge, Dr. Hans Bocker and Sven Olsson at the Edelmetall- & Rohstoffmesse in Munich, Germany

Introduction of Company Presidents at the Edelmetall- & Rohstoffmesse in Munich, Germany [Zimtu Roadtrip]

Introduction of Company Presidents at the Edelmetall- & Rohstoffmesse in Munich, Germany [Zimtu Roadtrip]

Moderator Chris Berry with Panelists Chris Grove (Commerce Resources), Robert Bick (Prima Diamond) and Thomas Yingling (Arctic Star Exploration) in Zurich, Switzerland

Moderator Chris Berry with Panelists Chris Grove (Commerce Resources), Robert Bick (Prima Diamond) and Thomas Yingling (Arctic Star Exploration) in Zurich, Switzerland

Chris Grove, President of Commerce Resources, talks with investors at the Edelmetall- & Rohstoffmesse in Munich, Germany

Chris Grove, President of Commerce Resources, talks with investors at the Edelmetall- & Rohstoffmesse in Munich, Germany

Chris Grove (Commerce Resources), Frank Vogel (Baader Wertpapierhandelsbank), Michael Adams (Star IR) and Jim McKenzie (Ucore Rare Metals) at the Edelmetall- & Rohstoffmesse in Munich, Germany

Chris Grove (Commerce Resources), Frank Vogel (Baader Wertpapierhandelsbank), Michael Adams (Star IR) and Jim McKenzie (Ucore Rare Metals) at the Edelmetall- & Rohstoffmesse in Munich, Germany

Chris Grove, President of Commerce Resources, in Zurich, Switzerland [Zimtu Roadtrip]

Chris Grove, President of Commerce Resources, in Zurich, Switzerland [Zimtu Roadtrip]

Chris Grove, President of Commerce Resources, in Geneva, Switzerland

Chris Grove, President of Commerce Resources, in Geneva, Switzerland

Corporate Presentation Featuring Commerce Resources Corp. at the Edelmetall- & Rohstoffmesse in Munich, Germany

Corporate Presentation Featuring Commerce Resources Corp. at the Edelmetall- & Rohstoffmesse in Munich, Germany

Chris Grove (Commerce Resources) and Anthony Vaccaro (Nothern Miner) in Zurich, Switzerland [Zimtu Roadtrip]

Chris Grove (Commerce Resources) and Anthony Vaccaro (Nothern Miner) in Zurich, Switzerland [Zimtu Roadtrip]

Chris Grove (Commerce Resources) and Chris Berry (House Mountain Partners) in Munich, Germany

Chris Grove (Commerce Resources) and Chris Berry (House Mountain Partners) in Munich, Germany

 

Other companies participating in the Zimtu Roadtrip 2014 were Arctic Star Exploration Corp., BioMark Diagnostics Inc., Cambridge House International, Canadian Securities Exchange, Electra Gold Ltd., House Mountain Partners LLC, Lakeland Resources Inc., Northern Miner, Pasinex Resources Ltd., Prima Diamond Corp., Red Oak Mining Corp., Rockstone Research Ltd., SecureCom Mobile Inc., True Leaf Medicine Inc., Urban Barns Foods Inc., W.D. Latimer Co. Ltd., Western Potash Corp., Wolverton Securities Ltd. and WPC Resources Inc.

 

Sincerely,

Dave Hodge

Dave Hodge
President
Zimtu Capital Corp.
Suite 1450 – 789 W Pender St.
Vancouver, BC
V6C 1H2
Tel: 604.681.1568
http://www.zimtu.com

 

Disclosure: Zimtu Capital Corp. owns 3,584,178 common shares of Commerce Resources Corp. (as at Dec 15, 2014).  For more information on Zimtu Capital and our equity holdings, visit http://www.zimtu.com/s/CoreHoldings.asp.

 


Entries (RSS) and Comments (RSS).