Commerce Resources Corp. is a mineral exploration and development company focused on developing its Upper Fir Tantalum and Niobium Deposit in British Columbia and exploring its Eldor Rare Earth Project in Quebec. The company has defined resources at its Upper Fir Deposit and is working to advance it to commercial production. It has also made a significant rare earth element discovery at its Eldor Project and is continuing exploration. Commerce aims to become a leading producer of tantalum, niobium, and rare earth elements to

1. Rare Metals
and Rare Earth Elements
TSXv: CCE / FSE: D7H / OTCQX: CMRZF / www.commerceresources.com / March 2011

2. Commerce Resources Corp. 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.
Metals for Today’s Technologies
Tantalum and niobium are metallic elements that play an important role in our
everyday life and the high-tech world. Tantalum is primarily used for the pro-
duction of electronic capacitors and products, while niobium is predominantly
used as an alloy for the production of harder and greater flexibility load-bearing
steel.
Rare earth elements (“REEs”) are a group of elements whose unique properties
make them essential to a number of emerging technologies. REE consumption
is growing due to the critical role REEs play in high-tech applications and energy
efficient technologies. REEs are essential in hybrid/electric cars, so-
lar panels, wind turbines, compact florescent lighting, high-energy magnets,
mobile phones, and computer production. Due to their unique properties,
REEs usually cannot be substituted. China currently controls approximately
95% of the global REE market and has significantly tightened the export of
REEs primarily to enable it to meet increasing internal demand.
Commerce Resources Corp.—
Rare Metals and Rare Earth Elements
Commerce’s key assets are the Blue River Tan- Commerce’s vision is to become a large and profitable
Commerce is in a talum-Niobium Project in east central British producer of tantalum and niobium for the global mar-
unique position to Columbia and the Eldor Rare Earth Element ket. There is currently a shortage of
Project in northern Quebec. At Blue River, Com- tantalum supply and stock lev-
become a new supplier merce has defined resources for the Upper Fir els in the industry are being
deposit, and is focused on bringing this deposit run down. Commerce is in a
into commercial production. The project is at the devel- unique position to become a
opment stage and a preliminary economic assessment stable source of supply for
is in progress. industry and end-users.

3. INVESTOR INFORMATION
Data compiled Recent Price: $0.82
March 2011 52-Week Range: $0.21 - $1.03
March Cap: $110M
Cash and Investments: $10M
Geologist Sasha Blinova holds pyrochlore, the quartz-like
crystal containing tantalum and niobium. The world’s larg-
est pyrochlore, discovered on Commerce Resources’ Verity
property, is displayed at The Pacific Museum of the Earth at
University of British Columbia.
BLUE RIVER PROJECT, BC tite deposits in that higher metallurgical recoveries and
The Blue River Project is located 250 kilometers north lower processing costs are expected.
of Kamloops, British Columbia and encompasses ap-
proximately 1,000 square kilometers. Commerce has a Through the development of the Upper Fir to commer-
100% interest in the property which is not subject to cial production, Commerce aims to become a leading
any underlying royalties. producer of tantalum and niobium, and a stable source
of supply for industry and end-users.
At Blue River, Commerce has identified three tantalum-
niobium bearing deposits and is focused on bringing the ELDOR PROJECT, QC
Upper Fir into commercial production. Based on 183 The Eldor Project is situated in northern Quebec approxi-
holes comprising 37,446 metres of drilling, the Upper mately 130 km south of the town of Kuujjuaq. The prop-
Fir deposit contains an indicated resource of 36.35 Mt erty is 100% owned by Commerce and is composed of
with average grades of 195 g/t Ta2O5 (tantalum) and 404 claims comprising approximately 19,006 hectares.
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 In 2010, Commerce made a significant new rare earth
g/t Nb2O5 (Postolski, 2010). element discovery at the Eldor Project: the Ashram
Zone. Twelve holes totaling approximately 3,300 metres
have been completed and the company then commis-
The Blue River project benefits from excellent, sioned SGS Geostat Ltd. to prepare an initial NI43-101
nearby infrastructure. The Yellowhead Mineral Resource Estimate for the Ashram REE Zone.
Highway, Canadian National Railway, and Commerce has now mobilized field crews in advance of
BC Hydro power lines all cross the property. a winter/spring drill program. To expedite exploration, in
the event that favourable drill conditions persist beyond
During 2010, the company completed additional drill- the completion of an initial six holes, the program will
ing at the Upper Fir and continued metallurgical testing. be extended.
The result of this work will enable the company to com-
plete an additional resource estimate and a preliminary
economic assessment for the deposit. SGS Geostat Ltd. has been commissioned to
prepare a NI43-101 Mineral Resource Estimate
The deposits are also hosted in carbonatite rock, which
is a geologic advantage as opposed to traditional pegma- for the Eldor Project

4. Management
Our Industry Advantage
DAVE HODGE
President and Director
Mr. Hodge 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. Mr. Hodge’s strengths lie in leader-
ship and imaginative direction. His success has been founded on a belief in team building, consultation and strong leadership, as
well as a willingness to incorporate expert advice into a viable working enterprise.
DR. AXEL HOPPE
Chairman of the Board of Directors
Dr. Hoppe is an internationally-acknowledged leader in the tantalum and niobium fields. 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 Amer-
ica and the Far East. 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.
JODY DAHROUGE JENNA HARDY
B.Sc., P.Geo., M.SC., MBA, P.Geo
VP Exploration and Director Ms. Hardy has over 20 years of pro-
Mr. Dahrouge a graduate of the University of Alberta, fessional experience in the mining
is President of Dahrouge Geological Consulting Ltd. industry consulting for public and
A key member of the Commerce Resources technical private companies by assisting with
team, he gives hands-on direction to exploration and environmental and operational de-
development activities in BC and Quebec. velopment plans.
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).
SVEN OLSSON
Director
Mr. Sven Olsson is an accomplished professional with over eight years of experience in the resource investment and finance industry. From 2001
to 2009, Mr. Olsson 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. In his role with AXINO AG, Mr. Olsson was responsible for investor relations and capital
fundraising in Europe for numerous major and small cap resource-based companies in all phases of development.
EXECUTIVE OFFICES: Corporate Communications: Chris Grove
1450 – 789 West Pender St., Telephone: 604 484 2700
Vancouver, BC V6C 1H2, Canada Toll-free: 1 866 484 2700
www.commerceresources.com Fax: 604 681 8240