Commerce Resources Corp. Vancouver, BC TSX.V : CCE; 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. Commerce is well positioned with sufficient capital to advance the commercialization of a prospectively lucrative mining operation for tantalum and niobium.

Commerce Resources is also focused on the exploration of its new deposit the Eldor carbonatite in Quebec, which is highly prospective for niobium, tantalum and uranium.

The Blue River Tantalum-Niobium Project is surrounded by geologically-fertile mineral claims that are also wholly-owned by Commerce Resources Corp. In fact, prior exploration at the project has identified a number of other distinct tantalum-niobium bearing carbonatites. They include the Switch Creek, Bone Creek, Gum Creek, Paradise, Serpentine and Mill complexes. The possibility that these carbonatites may outline the parameters of a large mineralized structure is expected to be better investigated during upcoming exploration seasons.

The Eldor Property is at a relatively early stage of exploration with historic exploration results indicating considerable potential for carbonatite-hosted niobium and tantalum mineralization. Following its acquisition from Virginia Mines Inc. in 2007, Commerce Resources completed a comprehensive exploration program to confirm the historic mineralization at the property.

The Eldor Carbonatite is similar in size to, or slightly larger than, the present and past producing Canadian carbonatite complexes Oka, and St. Honore, both located in Quebec. It is also comparable in size to the Araxa Carbonatite Complex in Brazil, which is about 4.5 kilometers in diameter.

The Carbo Claims are located north of Prince George and cover a series of carbonatite and alkalic intrusions atop Bear Ridge. During 2006-2007, the Company conducted rock and soil sampling, and geophysical surveys. The results have produced highly anomalous concentrations of niobium and rare earth elements in the soil and rock samples. Further exploration is required to ascertain the nature of this mineralization.