Drilling Begins at Niobium, Tantalum, Phosphate and Uranium Property in Quebec

Drilling Begins at Niobium, Tantalum, Phosphate and Uranium Property in Quebec

Commerce Resources Corp. is pleased to announce the initiation of its 2008 diamond drilling and field work program on its Eldor niobium and tantalum property in Quebec. The Eldor Property is situated about 115 km south of the community of Kuujjuaq, which is located 5 km from Ungava Bay.

The 2008 exploration program is designed to build upon the strong results obtained during the 2007 exploration program, which substantiated historic concentrations of niobium (Nb(2)O(5)) and tantalum (Ta(2)O(5)). In addition, significant concentrations of phosphate (P(2)O(5)) and uranium (U(3)O(8)) were identified. Pertinent highlights, as reported on December 19, 2007, include:

– The airborne geophysical survey outlined a magnetic anomaly about 9 km long by 3 km wide which is partly coincident with a radiometric anomaly that exceeds 13 km by 5 km. – The soil geochemical survey outlined a niobium anomaly over an area measuring approximately 6 m long by 1.5 km wide. Of the 60 rock samples collected, 18 exceeded 0.1 percent Nb(2)O(5). One rock sample exceeded the maximum detection limit for niobium oxide, which is 7.15 percent. The samples averaged 0.49 percent Nb(2)O(5). (10.78 lb/ton)

– Twenty-eight rock samples collected from the area exceeded 5 percent P(2)O(5) (phosphate occurring as apatite) to a maximum of 28.24 percent P(2)O(5). The 60 rock samples averaged 5.42 percent P(2)O(5).

The initial planned 7,500 m of BTW drilling began on June 2, 2008. Initial locations for drilling include areas within highly anomalous concentrations of niobium and tantalum in both soil and rock samples where they overlap with coincident anomalous magnetic and radiometric geophysical responses. It is anticipated that between 30 and 40 drill holes will be completed during this phase of the exploration.

Building on the work from the 2007 exploration program, continued soil and rock sampling, trenching and ground-based geophysics is planned to begin in mid-June, 2008. This will include infill of the widely spaced reconnaissance sampling program of 2007 to provide additional drilling targets. As well, reconnaissance soil and rock geochemistry is planned on claims to the south of the main Eldor block which the Company recently acquired.

Maps of the property may be viewed at http://www.commerceresources.com.

Drilling operations will be performed by Superior Diamond Drilling Inc., under the supervision of consulting geologists Alex Knox, P.Geol. and Michael Guo, P.Geol. of Dahrouge Geological Consulting Ltd., both of whom are qualified persons.

On Behalf of the Board of Directors
COMMERCE RESOURCES CORP.

“David Hodge” ————- David Hodge

President and Director

For further information

on Commerce Resources Corp. and the Blue River Tantalum-Niobium Property, visit the corporate website at www.commerceresources.com, or contact Investor Relations at (604) 484-2700 or toll free at (866) 484-2700

Source: Commerce Resources Corp.

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