ZURICH, SWITZERLAND / ACCESSWIRE / September 19, 2018 / In a recent interview with the industry-leading newspaper The Northern Miner, the President of Commerce Resources Corp. (CCE.V); (OTC PINK: CMRZF); (D7H.F), Chris Grove, said that the company has, for the first time, applied for a grant from the US Government. The filed application pertains to the company's Ashram REE Project in Québec and the company is actively working on a second grant for their Blue River Niobium-Tantalum Project in British Columbia.
In terms of these grants from the United States Defense Logistics Agency and Strategic Materials division, although Commerce Resources' projects are on Canadian soil, the chances of securing such a grant are good because both are advanced-stage projects of resources that are of the greatest strategic interest for the US. Historically, Canada is a welcome ally to the US, for which reason Canadian mining projects have been and can be classified as "domestic" for the US Government. As the grant's filing deadline is September 30, 2018, a decision should be expected thereafter.
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English (PDF): http://rockstone-research.com/images/PDF/Commerce29en.pdf
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SOURCE: Rockstone Research