The Contender Commerce Releases Quebec REE PEA, Moves to Prefeas Robert Owen
The bubble burst with such force that it blew away dozens of fledgling projects. That’s what happened to rare earths in 2011. Since then, the sector has seen a race to production which further separates the contenders from the pretenders. Last week’s preliminary economic assessment from Commerce Resources TSXV:CCE puts the Ashram Deposit at its northeast Quebec Eldor Project “in an advantageous position,” says Chris Grove, Corporate Communications.
Grove continues, “We have been rapidly advancing exploration at the project to be able to demonstrate this resource. Now, with this PEA, we have shown the robust economics of the Ashram Deposit, and we are excited about the next stages of development of it.”