Commerce Resources Corp. (TSXv: CCE) Corporate Presentation (Jan 2011)

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TSXv: CCE / FSE: D7H / OTCQX: CMRZF / www.commerceresources.com Rare Metals and Rare Earth Elements JANUARY 2011

description

Commerce Resources Corp. (TSXv: CCE) is an exploration and development company with a particular focus on deposits of rare metals and rare earth elements. The company is specifically focused on the development of its Upper Fir Tantalum and Niobium Deposit at the Blue River Project in British Columbia, and the exploration of the Eldor Rare Earth Project in northern Quebec and the Carbo Rare Earth Project in northern British Columbia.

Transcript of Commerce Resources Corp. (TSXv: CCE) Corporate Presentation (Jan 2011)

Page 1: Commerce Resources Corp. (TSXv: CCE) Corporate Presentation (Jan 2011)

TSXv: CCE / FSE: D7H / OTCQX: CMRZF / www.commerceresources.com

Rare Metalsand Rare Earth Elements

JANUARY 2011

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Forward Looking Statements

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Except for historical information contained herein, this presentation may contain forward

looking statements including but not limited to comments regarding predictions and

projections. Forward looking statements address future events and conditions and therefore

involve inherit risks and uncertainties. Although Commerce Resources believes that such

expectations are reasonable, there can be no assurance that such expectations will prove

to be correct, and therefore actual results may differ materially from those currently

anticipated in such statements. You are cautioned not to place undue reliance on any

such forward looking statements, whether made in this presentation or in any question and

answer period related to this presentation.

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Geologist Sasha Blinova holdspyrochlore, the principal host mineral for tantalum andniobium.

Corporate Highlights

• 3Projects - Blue River (Tantalum & Niobium) - Eldor (Rare Earth Elements) - Carbo (Rare Earth Elements)

• ExposuretoRareMetals& Rare Earth Elements

• FinanciallyStrong

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CARBO Rare Earth ElementsBritish Columbia

BLUE RIVERRare MetalsBritish Columbia

ELDORRare Earth ElementsQuebec

Project Locations

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Blue River Tantalum-Niobium Project

deposit (Upper Fir deposit)• 100% Owned; No royalties• Excellent infrastructure:

- Road accessible - Railway, airport, major paved highway - Power grid - Water supply

Page 6: Commerce Resources Corp. (TSXv: CCE) Corporate Presentation (Jan 2011)

DefinedResourcestoendof2008

Based on drilling from2005-2008(153holes)

ResourceCategory

Tonnes(Mt)

Ta2O5 Grade(g/t)

Nb2O5 Grade(g/t)

Contained Ta2O5(pounds)

Contained Nb2O5(pounds)

Indicated 7.38 217 1,202 3,533,000 19,568,000

Inferred 16.49 213 1,222 7,746,000 44,436,000

* (Stone & Selway, 2010) ** 175 ppm cut-off

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DevelopmentFocus:UpperFir

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Recent DevelopmentsIn The Tantalum Markets• Growing Demand from New Technologies (ie. Lithium-ion battery)

• Restrictions on Product from Conflict Regions US odd-Frank Wall Street Reform and Consumer Protection Act (Jul 2010) Requires all US-listed companies to with the SEC an annual report stating that they do not source tantalum from conflict areas Result: Withdrawal of large portion of supply from already tight market

• Upward Price Pressure Continues

• Long term: Market requires additional production from new projects

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Upcoming Milestone for Blue River Project• Updated NI43-101 Mineral Resource Estimate

by AMEC on the Upper Fir Deposit (including 22holes drilled in 2009)

• Preliminary Economic Assessment by AMEC

• Updated NI43-101 Mineral Resource Estimate the on Upper Fir (including 52 holes drilled in 2010)

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EldorELDOR RARE EARTH PROJECT

• Majornewlargetonnage light rare earth discovery• Potentialforaheavyrare earth enriched zone• 100%Owned• Resultsfrom7of12holes released to date

“The most important new

grassroots rare earth discovery

since market interest in rare

earths took off in 2009”

-JohnKaiser,KaiserResearchOnline

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Eldor Rare Earth Project Results ELDOR RARE EARTH PROJECT RESULTS

Results from drilling in 2010 have that the company has made a new discovery of rare earth elements. Results include:

Hole EC10-27: 1.72% TREO over 215.30m (3.74 to 219.04m)Hole EC10-28: 1.95% TREO over 243.84m (2.53 to 246.37m)Hole EC10-46: 1.95% TREO over 364.32m (0.65 to 364.97m)

Hole EC10-47:

1.86%

TREO

over

355.92m

(2.86

to

358.78m)

Assays

pending

from

5

additional

drill

holes

- including 2.02% TREO over 303.42m

- including 2.04% TREO over 262.11m

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Upcoming Milestones for Eldor Project • Assay Results from 5 Drill Holes

• Launch of Winter Drill Program

• NI43-101 Mineral Resource Estimate on the Ashram Zone (SGS Geostat)

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Carbo Rare Earth Project• Carbo claims are adjacent to Spectrum Mining Corporation’s Wicheeda Rare Earth discovery -Highlights include 48.64 metres averaging 3.55%

REE, 72m of 2.92% and 144m of 2.20% REE in

widely spaced drill holes

• 25% Ownership; Joint ventured with Canadian International Minerals Inc. (TSXv: CIN)• 9 holes drilled in 2010. (Drill holes are within 900m of the Wicheeda Project discovery)• Assays pending

6040000mN

6044000mN 5600

00m

E

5620

00m

E

5560

00m

E

5580

00m

E

5640

00m

E

6038000mN

6042000mN

NEW 2009CERIUM SOIL ANOMAL Y

(Open ended) ?

?

?

?

MAPPED CARBONATITE

SPECTRUMMINING

SPECTRUMMINING

COMMERCE RESOURCES

CORP . /CANADIAN

INTERNA TIONALMINERALS

INC.

COMMERCE RESOURCES

CORP . / CANADIAN

INTERNATIONALMINERALS

INC.

Staked

Staked

WICHEEDA REE DISCOVERY ZONE2009 DDH 72 Meters of 2.92% REE2008 DDH 48 Meters of 3.55% REE

N

0 1 2KILOME TRES

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• AddingDr.AxelHoppeastheChairmanoftheboardhassenta clearsignaltothemarketandindustry:

- Internationally acknowledged leader in the global tantalum market - Formerly Head of Technical Services and Engineering Group forH.C.Starck;theworld’slargestconsumeroftantalum - PresidentoftheTantalumandNiobiumInternationalStudy Centerfortheyears2002and2007

• AddingMr.IanGrahamtotheboardhasaddedfurtherdepth toourdevelopmentteam:

- FormerlyChiefGeologistwiththeProjectGenerationGroupat Rio Tinto - Track-record of successfully moving projects through the exploration process into production - Involved with development work for Diavik Diamond Mine (Canada),ResolutionCopper(USA),EagleNickel(USA), LakeviewNickel(USA)andBunderDiamonds(Africa)

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Management:OurIndustryAdvantage

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• 3Projects - Blue River (Development) - Eldor (New Discovery) - Carbo (Rare Earth Target in Emerging District)

• ExposuretoRareMetals& Rare Earth Elements

Closing Thoughts

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Dave HodgePresidentandDirector

1450-789WestPenderStreetVancouver,BC,V6C1H2Canada

1.866.484.2700

[email protected] www.commerceresources.com

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