TANTALUM-NIOBIUM RESOURCES: Blue River project home to Upper Fir deposit

BRITISH COLUMBIA - Vancouver-based Commerce Resources has filed a 43-101 report for the Upper Fir deposit at its Blue River project in the Kamloops Mining District. The company used a 175-g/t Ta₂O₅ cutoff to estimate an indicated resource of 7.38 million tonnes grading 217 g/t Ta₂O₅ and 1,1202 g/t Nb₂O₅. By the same measure, the inferred resource is 16.49 million tonnes grading 2.13 g/t Ta₂O₅ and 1,222 g/t Nb₂O₅.

The resources in the Upper Fir deposit comprise a series of sill-like carbonatite bodies with an estimated true thickness of 91.2 metres. The deposit is known to extend more than 1,450 metres north-south and up to 800 metres east-west. The company noted that the mineralization includes pyrochlore and ferrocolumbite, present as microscopic grains as well as composite grains that exceed 1.0 cm in diameter.

An independent technical report covering the Blue River property is posted at www.CommerceResources.com.