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Verity Carbonatite - Tantalum & Niobium 
 Verity Property SummaryThe company's Verity tantalum-niobium project consists of 13 claims totalling 325 acres, covering the Verity carbonatite and is located 30km north of Blue River, British Columbia. The claims were staked by Commerce Resources Corp. between February and October 2000, and are owned 100% by Commerce with no underlying royalties.
The area was previously explored for tantalum in the 1980s by Anschutz Mining Ltd. who conducted extensive exploration which included diamond drilling. To date, near the western end of the Verity Carbonatite Sill, within an area measuring 600m (vertical) by 630m (north-south) by 1000m (east-west) area, an inferred resource of 3.06Mt containing 196g/t Ta2O5, 646g/t Nb2O5 and 3.20% P2O5 is estimated. (McCrea, 2001) The Verity-Paradise Carbonatite Complex has been traced by intermittent surface sampling over a strike length of more than 5,500 m.
On October 22, 2001, the company released the results from its drill program on the Verity Carbonatite. The results not only confirmed those previously reported by Anschutz Mining Ltd., but also upgrade known tantalum mineralization at several locations. (see news of October 22, 2001).
Management's plan for the Blue River project is to conduct further exploration on the Verity and Fir properties in an attempt to further define the inferred resource with respect to size and grade. The company is currently drilling at its Fir property and plans to conduct further exploration on the Verity in the near future.
For further geological information, the company recommends that you download the complete geological report.
Project Highlights
- Inferred resource of 3.06 million tones containing 196g/t Ta2O5, 646g/t Nb2O5 and 3.20% P2O5.
- Project remains open for expansion
- Favorable proximity to infrastructure such as rail, roads and power.
- Parts of the Verity Carbonatite are potentially an 'open-pittable resource'
History of Exploration
The following is a summary of prior work conducted at the Verity Property properties:
SUMMARY OF PRIOR WORK
| Year |
Description |
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| 2001 |
Diamond drilling at Verity, total of 404m. in 5 holes; mapping and sampling. Assay results confirmed those previously by Anschutz Mining (Canada) Ltd. (release of Oct 22, 2001). |
| 2001 |
Ground geophysical surveys, prospecting, stream sediment sampling, preparation for drilling (Dahrouge, 2001) |
| 2000 |
Prospecting of new occurrences in recently logged areas, sampling of specimen pit for mineralogy (Dahrouge, 2001) |
| 1987-88 |
Serpentine Creek and Gum Creek carbonatites discovered (Digel et. al., 1989) |
| 1984 |
Mapping and sampling (Pell, 1985) |
| 1982 |
Detailed mapping and sampling of known carbonatites (Aaquist, 1982b) |
| 1981 |
Diamond drilling at Mill, Verity, Bone Creek, Fir, total of 2,964.9m in 28 holes; mapping and sampling; a 1:4,000 scale topographic map (Aaquist, 1982a) |
| 1979-80 |
Airborne and ground geophysics, geologic mapping and sampling, and 1,066.8m core drilling (Ahroon, 1980) |
| 1977-8 |
Ground magnetometer and scintillometer surveys, prospecting, trenching,sampling and analysis (Jackson et al., 1978) |
| 1968 |
Geologic mapping of the Paradise Area (Rich, 1968) |
| 1967 |
Howard Creek area prospected by Earl Dotson of Falconbridge, Howard Creek carbonatites discovered and staked by Anthony Rich (Mariano, 1982) |
| 1967-9 |
Blue River carbonatites examined by Kennecott Copper Corporation (Mariano, 1982) |
| 1964 |
Carbonatite occurrences examined by Kennco Explorations (Western) Limited (Mariano, 1982) |
| 1955 |
Property examination by R. B. Rowe (1958) of the Geological Survey of Canada |
| 1954 |
Minor sampling (McCammon, 1954) |
| 1953 |
About 3 miles of road-building, stripping and trenching; Mill-showing discovered (McCammon, 1954) |
| 1951-52 |
Extensive geologic mapping, test-pitting and sampling; primarily examined for its Uranium potential (McCammon, 1952) |
| 1950 |
Several hand trenches, mapping and sampling (McCammon, 1950) |
| 1949 |
Carbonatite bodies first discovered by Oliver E. French, Zonolite Corporation examined the property for its Vermiculite Potential (Mariano, 1982) |
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Location
The Verity Property is located in British Columbia, Canada, with its central portions approximately 60km south of the town of Valemount, and about 30 km north of Blue River. Specifically, the Verity Carbonatite is centered at about 52° 24' north latitude and 119° 09' longitude.
Highway 5, which is less than one km west of the Blue River Property, provides road access from either Valemount or Blue River. Access to the Verity Carbonatite is via an active logging road which is well-maintained during summer months.
PROPERTY MAPS: Verity Drill Holes Location Map
Verity Drill Holes Location Map
Ground Magnetics Drill Hole and Sample Locations
Verity Cross Section
InfrastructureAccessible from British Columbia Highway 5, the Verity property is approximately 60km south of the town of Valemount, and about 30km north of Blue River. Limited supplies and accommodations are available at both locations. The main line of the Canadian National Railway (CNR) passes through the western parts of the property, while the rail-siding at Lempriere Station is located a few kilometres to the north. In addition, a B.C. Hydro line passes through the western part of the Verity claim group.
Property Information:
Maps and Photos:
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