Today, Saville Resources Inc. released a complete overview of the historical results from the Niobium Claim Group recently optioned from Commerce Resources Corp., as the latter prefers to focus exclusively on its advanced-stage Ashram REE Deposit. Saville has signed an agreement to acquire up to 75% of the project and that agreement is now going through the TSX-V approval process. Saville has disclosed results of past boulder sampling on these 21 claims (formerly known as the Eldor Niobium Claims) including truly jaw-dropping grades of extremely high niobium assays never published before.
Commerce Resources is engaged in the business of acquiring, exploring, developing and evaluating mineral resource properties, and either joint venturing or developing these properties further or disposing of them when the evaluation is completed. Co. is in the exploration stage and has interests in properties located in British Columbia and Quebec, Canada. The recoverability of amounts shown for resource properties is dependent upon the discovery of economically recoverable reserves, continuation of Co.'s interest in the underlying mineral claims, the ability of Co. to obtain financing to complete their development, and future profitable production or disposition thereof.
Rockstone is a research house specialized in the analysis and valuation of capital markets and publicly listed companies. The focus is set on exploration, development and production of resource deposits as well as marcoeconomic analysis of commodity and currency markets. Our international team of five analysts bring our German and English speaking readership a wealth of experience from the commodity markets: Stephan Bogner (mining analyst), John P. Barry (professional geologist), Chris Berry (macroeconomist), Prof. Dr. Hans Bocker (award-winning book author), and Boris Gerjovic (fundamental analyst).
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