Commerce Resources Corp. Clarifying Resource Estimate for Upper Fir Tantalum and Niobium Deposit, Blue River BC

	    As a result of a review by the British Columbia Securities Commission, we
are issuing the following news release to clarify our disclosure.

	    VANCOUVER, Jan. 18 /CNW/ - Commerce Resources Corp. (TSXv: CCE, FSE: D7H)
(the "Company") wishes to clarify its news release of November 24, 2009
regarding its updated independent resource estimate for its Upper Fir Deposit,
Blue River Project, British Columbia, as well as its news release of December
21, 2009 regarding the Eldor Project in Northern Quebec.

	    <<
	    Upper Fir Deposit, Blue River Project, BC:
	    ------------------------------------------
	    >>

	    The Company has been asked to clarify its news release of November 24,
2009 by including a base case mineral resource estimate, which is highlighted
in the table below.
	    Caracle Creek International Consulting Inc. ("CCIC") of Toronto, Ontario
used all data available from exploration drilling programs carried out on the
Upper Fir from 2005 through the end of 2008 to complete three dimensional
("3D") geological modeling and provide a resource estimation. Data was drawn
from a total of 153 drill holes totaling 30,648 metres ("m"), which cut the
Upper Fir carbonatite.
	    The results of the resource estimate, reported with a 175 g/t Ta(2)O(5)
cut-off, show that the Upper Fir contains an Indicated resource of 7,384,000
tonnes with a grade of 217 g/t Ta(2)O(5) and Nb(2)O(5) grade of 1,202 g/t
(3,533,000 and 19,568,000 lbs of contained Ta(2)O(5) and Nb(2)O(5),
respectively). Inferred resources at the same cut-off include 16,494,000t of
213 g/t Ta(2)O(5) and 1,222 g/t Nb(2)O(5) (7,746,000 and 44,436,000 lbs of
contained Ta(2)O(5) and Nb(2)O(5), respectively.
	    A summary of the Upper Fir resource estimate based on data to the end of
2008 follows:

	    <<
	    -------------------------------------------------------------------------
	              Cut-off     Tonnes      Grade   Contained    Grade   Contained
	    CATEGORY   (gpt)  (greater than)  (gpt)      lbs       (gpt)      lbs
	             Ta(2)O(5)  Cut-off (T)  Ta(2)O(5) Ta(2)O(5) Nb(2)O(5)  Nb(2)O(5)
	    -------------------------------------------------------------------------

	    -------------------------------------------------------------------------
	                 100    16,945,000     175    6,538,000    1,174   43,858,000
	                -------------------------------------------------------------
	    INDICATED    150    11,308,000     198    4,937,000    1,170   29,168,000
	     RESOURCE   -------------------------------------------------------------
	                 175     7,384,000     217    3,533,000    1,202   19,568,000
	                -------------------------------------------------------------
	                 200     4,566,000     236    2,376,000    1,299   13,076,000
	    -------------------------------------------------------------------------

	    -------------------------------------------------------------------------
	                 100    44,121,000     167   16,147,000    1,184  115,070,000
	                -------------------------------------------------------------
	    INFERRED     150    26,235,000     194   11,221,000    1,182   68,365,000
	     RESOURCE   -------------------------------------------------------------
	                 175    16,494,000     213    7,746,000    1,222   44,436,000
	                -------------------------------------------------------------
	                 200     8,918,000     235    4,621,000    1,385   27,230,000
	    -------------------------------------------------------------------------
	    -------------------------------------------------------------------------

	    Notes:

	    -   The 175 g/t cut-off reporting base case is highlighted.
	    -   Mineral resources which are not mineral reserves do not have
	        demonstrated economic viability.
	    -   Not all tonnage will be recovered in mining, nor will all tantalum
	        and niobium values be recovered during milling and processing.
	    -   1 tonne = 2,204.6 pounds (lbs)
	    -   Tonnes and pounds rounded to the nearest 1,000
	    >>

	    The resource comprises a series of sill-like carbonatite bodies with up
to 91.2m in estimated cumulative true thickness. This composite body extends
more than 1,450m in a north-south direction and as much as 800m in an
east-west direction. Tantalum and niobium are contained in the minerals
pyrochlore and ferrocolumbite, which are present as microscopic grains as well
as megascopic composite grains that exceed one centimetre in diameter.
	    In 2009, a further 5,587m of drilling (22 holes) were completed at the
Upper Fir adding to the previous (2005 to 2008) total of 30,648m for a grand
total of 36,235m in one hundred and seventy five holes. The 2009 drilling
included both infill and step-out holes. The program was completed on
September 10, 2009 and results are pending. When received in total, they will
be used to update the resource model.

	    <<
	    Resource Estimation Methodology
	    -------------------------------
	    >>

	    Geological and resource modeling was completed using Gemcom Surpac
v6.1.3, 3D modeling software. Assay data were composited to 1m from a total of
153 holes (2005-2006: 21 holes; 2007: 18 holes; 2008: 114 holes) drilled in
the area of the Upper Fir mineralization. The grade of blocks measuring 20m by
10m by 5m was estimated using the inverse distance squared method, with a
flat-lying search ellipse oriented along 180 degrees.
	    Specific gravity was modeled using an inverse distance method (average SG
= 3.125) to estimate tonnage.
	    Indicated resources are those where the average distance between points
used to estimate grade was less than or equal to 30m. Inferred resources are
those where the average distance between points used to estimate grade was
greater than 30m but less than 100m.
	    The mineral resource estimate above has been prepared by CCIC's Michelle
Stone, Ph.D., P. Geo., an independent Qualified Person as defined by NI
43-101. Michelle Stone has read and approved the contents of this release as
they pertain to the independent resource estimate for the Upper Fir Deposit,
Blue River Project, BC. John Gorham, P.Geo., an Qualified Person as defined by
NI 43-101 has read and approved the contents of this release pertaining to the
2009 drill program on the Upper Fir Deposit, Blue River Project, BC.
	    The "Independent Technical Report, Upper Fir Property, Blue River,
British Columbia, Canada" is currently under review by the BC Securities
Commission and will be filed on SEDAR (www.sedar.com) once their review is
completed.

	    <<
	    Eldor Project, Quebec:
	    ----------------------
	    >>

	    Further to the Company's news release of December 21, 2009 on the Eldor
Project, Quebec, the samples that were collected during the fall exploration
program consisted of both grab and chip samples from outcrop and boulder.
Sample size and amount varied, but generally ranged between 0.5 and 1 kg. True
width and dimensions of the mineralized zones are not known due to extensive
overburden cover and will require further sampling and trenching to delineate.
	    Rock samples were analyzed by ACME Analytical Laboratories Ltd. in
Vancouver, British Columbia using their group 4A&4B whole rock (ICP-ES) and
trace element (ICP-MS) analytical package. Under this package, rare earth and
refractory elements are determined using ICP-MS on a 0.2 gram sample aliquot
subjected to a Lithium metaborate/tetraborate fusion and nitric acid
digestion. Soil samples were analyzed by ACME Analytical Laboratories Ltd. in
Vancouver, British Columbia using their 4B and 1DX methods.
	    The technical information provided above for the Eldor Project was
prepared by Alex Knox, P.Geol., a qualified person as defined by NI 43-101.
Mr. Knox has read and approved the contents of this release as they pertain to
the Eldor Project, Quebec.

	    About Commerce Resources Corp.

	    Commerce Resources Corp. is an exploration and development company with a
particular focus on tantalum, niobium and rare metal deposits with a potential
for economic grades and large tonnages. The Company is specifically focused on
the development of its Upper Fir tantalum and niobium deposit in British
Columbia, Canada and is also exploring its Eldor Project in northern Quebec.

	    <<
	    On Behalf of the Board of Directors
	    COMMERCE RESOURCES CORP.

	    "David Hodge"
	    David Hodge
	    President and Director
	    Tel: 604.484.2700
	    >>

	    Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.

	    Statements in this document which are not purely historical are
forward-looking statements, including any statements regarding beliefs, plans,
expectations or intentions regarding the future. Forward looking statements in
this news release include that the Technical Report will be filed on SEDAR
once the BC Securities Commission review is completed and that the results of
the 2009 exploration program are pending and will be added to the resource
model and reported separately.
	    It is important to note that actual outcomes and the Company's actual
results could differ materially from those in such forward-looking statements.
Risks and uncertainties include economic, competitive, governmental,
environmental and technological factors that may affect the Company's
operations, markets, products and prices. Factors that could cause actual
results to differ materially may include misinterpretation of data; that we
may not be able to get equipment or labour as we need it; that we may not be
able to raise sufficient funds to complete our intended exploration and
development; that our applications to drill may be denied; that weather,
logistical problems or hazards may prevent us from exploration; that equipment
may not work as well as expected; that analysis of data may not be possible
accurately and at depth; that results which we or others have found in any
particular location are not necessarily indicative of larger areas of our
properties; that we may not complete environmental programs in a timely manner
or at all; that market prices for tantalum & niobium may not justify
commercial production costs; and that despite encouraging data there may be no
commercially exploitable mineralization on our properties.
	    Readers should refer to the risk disclosures outlined in the Company's
Management Discussion & Analysis of its audited financial statements filed
with the British Columbia Securities Commission.






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	    /For further information: contact Investor Relations: Tel: (604)
484-2700, TF: (866) 484-2700, Email: [email protected], Web:
http://www.commerceresources.com/