Overview

Commerce Resources (CVE:CCE, FSE:D7H, OTCQX:CMRZF) is an exploration and development company with a particular focus on deposits of rare metals and rare earth elements.  The company is specifically focused on the development of its Upper Fir Tantalum and Niobium Deposit at the Blue River Project in British Columbia, and the exploration of the Eldor Rare Earth Project in northern Quebec.

Investment Highlights

• Blue River Tantalum-Niobium Project at Pre-feasibility Stage
• Eldor Rare Earth Project is one of world’s largest defined resources of rare earth elements
• Exposure to Rare Metals & Rare Earth Elements
• Financially Strong

Chief Properties

Blue River Tantalum-Niobium Project, BC

The Blue River Project is located 250 kilometers north of Kamloops, British Columbia and encompasses ap­proximately 1,000 square kilometers.  Commerce has a 100% interest in the property which is not subject to any underlying royalties.

At Blue River, Commerce has identified three tantalum-niobium bearing deposits and is focused on bringing the Upper Fir into commercial production. Based on 183 holes comprising 37,446 metres of drilling, the Upper Fir deposit contains an indicated resource of 36.35 Mt with average grades of 195 g/t Ta2O5 (tantalum) and 1,700 g/t Nb2O5 (niobium) and an inferred resource of 6.4 Mt with average grades of 199 g/t Ta2O5 and 1,890 g/t Nb2O5 (Postolski, 2010).

The Blue River project benefits from excellent, nearby infrastructure. The Yellowhead Highway, Canadian National Railway, and BC Hydro power lines all cross the property.

The company has completed additional drill­ing at the Upper Fir and continued metallurgical testing. The result of this work will enable the company to com­plete an updates resource estimate and a preliminary economic assessment for the deposit.

Through the development of the Upper Fir to commer­cial production, Commerce aims to become a leading producer of tantalum and niobium, and a stable source of supply for industry and end-users.

Eldor Rare Earth Project, Quebec

The Eldor Project is situated in northern Quebec approxi­mately 130 km south of the town of Kuujjuaq. The prop­erty is 100% owned by Commerce and is composed of 404 claims comprising approximately 19,006 hectares.

In 2010, Commerce made a significant new rare earth element discovery at the Eldor Project: the Ashram Zone. Following a drill program of twelve holes totaling approximately 3,300 metres, the company commissioned SGS Geostat to complete an initial NI43-101 Mineral Resource Estimate.  At a TREO cut-off of 1.25%, the Ashram Zone hosts an Inferred Resource of 117,340,000 tonnes grading 1.74% TREO. (SGS Geostat, 2011)

Commerce has mobilized field crews in advance of a 2011 winter/spring drill program.

Management

David Hodge, President, Director - Mr. David Hodge, President and Director of Commerce Resources Corp., has an extensive background in business that includes many years of experience in the management and financing of publicly traded companies. He has been a director of mineral exploration companies since 1996, and has stewarded the Blue River Tantalum/Niobium Project from its acquisition in 2000 through to current development activities.

Jody Dahrouge, P.Geo, VP Exploration, Director - Jody Dahrouge has been instrumental in the guidance of the company’s exploration and development programs. Mr. Dahrouge is a graduate of the University of Alberta with a Bachelors Degree in Science (Geology). Since 1998, he has been the President of Dahrouge Geological Consulting Ltd. His experience, insight and energy combine to provide Commerce with a real resource in the acquisition and management of resource projects.

Jenna Hardy, M.Sc, MBA, P.Geo – Technical Services Regulatory & Environmental - Ms. Hardy has over 20 years of professional experience in the mining industry consulting for public and private companies by assisting with environmental and operational development plans. From 1993-2004, Ms. Hardy worked for Pan American Silver Corp. (TSX: PAA) as corporate Manager of Health, Safety and Environmental issues. In this position, she gained valuable experience dealing with environmental and social issues during the development of mines in North and South America.

Dr. Axel Hoppe, Chairman of the Board of Directors - Dr. Axel Hoppe is an internationally acknowledged leader in the tantalum/niobium field. He has held numerous positions with H.C. Starck GmbH (“HCST”): a worldwide group of companies with more than 3,400 employees at 13 production sites in Europe, North America and the Far East. Dr. Hoppe’s last position at HCST was Head of Technical Services and Engineering Group and he was a Member of the Executive Board. Under Dr. Hoppe’s previous leadership as Head of the Electronics and Optics Business Group, HCST has grown into the leading producer of tantalum and niobium products, and remains one of the world’s largest consumers of tantalum raw materials.

Ian Graham, Director - Mr. Ian Graham is an accomplished mining professional with over 20 years of experience in the development and exploration of mineral deposits, mostly gained with the major mining companies Rio Tinto and Anglo American. Formerly Chief Geologist with the Project Generation Group at Rio Tinto, Mr. Graham has been involved with evaluation and pre-development work on several projects in Canada and abroad including the Diavik Diamond Mine (Northwest Territories, Canada), Resolution Copper (Arizona, USA), Eagle Nickel (Michigan, USA), Lakeview Nickel (Minnesota, USA) and Bunder Diamonds (India). Prior to his work with Rio Tinto, Ian held exploration geologist roleswith Anglo American.

Sven Olsson, Director - Mr. Sven Olsson is an accomplished professional with over eight years of experience in the resource investment and finance industry. Since 2001, Sven has held the position of Director of Media and Corporate Communications for AXINO AG, a European consulting firm specializing in communications for companies in the resource sector. Sven has been responsible for investor relations and capital fundraising in Europe for numerous major and micro cap resource-based companies in all phases of development. His network of contacts within the mining and financial communities as well as media extends across Europe and North America.