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The Upper Fir property is located in the Kamloops Mining Division of British Columbia, approximately 10 kilometers north of the town of Blue River. Commerce acquired a 100% interest in the property and is not subject to any underlying royalties.
The company has outlined an indicated resource for the Upper Fir property totaling 8.60 million tonnes grading 208.9 grams per tonne Ta2O5 and 1,372 grams per tonne Nb2O5. The Upper Fir is also host to an inferred resource of 5.50 million tonnes grading 208.2 grams per tonne Ta2O5 and 1,349 grams per tonne Nb2O5.
Maps
Photo Gallery
Technical Report
History of Exploration
| Year |
Description |
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| 2007-08 |
Company releases results from drilling program which expand mineralization by an additional 250 meters to the south and 200 meters to the east of the area identified in 2006. |
| 2007 |
Company expands environmental and regulatory program to support requirements of the BC Environmental Assessment Office (BC EAO). |
| 2007 |
Resource estimate announced for Upper Fir. |
| 2006 |
Company releases results from drilling program where 16 of the 17 holes intersected carbonatite host rock with drilled thicknesses ranging from 8.77m to 95.70m. |
| 2005 |
Company releases results from drilling program at the Upper Fir Carbonatite which demonstrated the existence of another deposit with similar mineralogy and chemistry to that of the Fir Property. |
| 2002 |
Initial Discovery -- exploration and sampling leads to the discovery of the Upper Fir Carbonatite 1.2 kilometers east of the main Fir deposit. |
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Infrastructure
The project benefits from excellent existing infrastructure. The Yellowhead Highway, Canadian National Railway, and BC Hydro power lines all cross Commerce's property. There is year-round access to the Fir deposit from a logging road which branches from Highway 5 about 23 kilometers north of the town of Blue River. Through the western parts of the property is the main line of the Canadian National Railway (CNR).
Project Highlights
- Exploration to date at the Upper Fir Deposit has outlined a significant resource of tantalum and niobium
- The pressing need to develop new global supplies of tantalum in a politically stable nation like Canada makes Commerce's deposits very attractive to the tantalum industry
- The Blue River Tantalum-Niobium Project benefits from excellent infrastructure
- Commerce has 100% ownership of the Blue River Tantalum-Niobium Project. The properties are not subject to any royalties, back-in payments or other agreements
A Qualified Person as defined by NI 43-101 has verified the written disclosure of any scientific and technical information on this webpage.
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