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Commerce Resources Corp. is a Canada-based junior mineral resource company focused on the development of the Ashram Rare Earth and Fluorspar Deposit located within their Eldor Property, in northern Quebec, Canada. The Company is primarily focused on supplying mixed rare earth carbonate and/or neodymium and praseodymium (NdPr) oxide to the global market. The Eldor Property is situated in northern Quebec, approximately 130 kilometers (km) south of the town of Kuujjuaq. The Property is 100% owned by the Company and is composed of 244 claims comprising approximately 11,475 hectares, including the Ashram Rare Earth Deposit (Ashram Deposit). The Ashram Deposit is characterized by simple rare earth (monazite, bastnaesite, xenotime) and gangue (carbonates) mineralogy.
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