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Commerce Resources Gains on Joining with Canmet

Vancouver-based Commerce Resources Corp. (TSX-Venture:CCE) provided an update with respect to its ongoing collaboration with CanmetMINING, focused on beneficiation test work for the Ashram Rare Earth and Fluorspar Deposit. Despite disruptions caused by COVID-19 to the test programs, some significant advancements have been made on the flotation circuit.

In recent flotation test work, CanmetMINING - a division of Natural Resources Canada (NRCan) - has completed collector screening, an evaluation of mixed collectors, reverse conditioning tests, cleaning stage tests, and a continuous process simulation with a locked cycle test.

CanmetMINING has identified through its test work an alternative reagent scheme and flotation circuit to achieve, and potentially exceed, the target objective of <25% mass pull at >80% recovery.

CCE shares gained a penny, or 5.3%, to 20 cents, on 22,000 shares.