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



    VANCOUVER, June 5 /CNW/ - Commerce Resources Corp. (TSXv: CCE) (FSE: D7H)
("the Company") 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 km 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 RE

SOURCES CORP. "David Hodge" ------------- David Hodge President and Director The TSX Venture Exchange has neither approved nor disapproved the information contained herein Statements in this document which are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Forward-looking statements in this release include statements regarding the completion of 30-40 new drill holes in the initial phase of exploration, soil and rock sampling, trenching and ground-based geophysics beginning in mid-June, 2008 as well as beginning reconnaissance soil and rock geochemistry on newly acquired claims to the south of the main Eldor block. It is important to note that actual outcomes and the Company's actual results could differ materially from those in such forward-looking statements. Risks and uncertainties include, but are not limited to, economic, competitive, governmental, environmental and technological factors that may affect the Company's operations, markets, products and prices. Factors that could cause actual results to differ materially may include misinterpretation of data; that we may not be able to get equipment or labour as we need it; that we may not be able to raise sufficient funds to complete our intended exploration and development; that our applications to drill may be denied; that weather, logistical problems or hazards may prevent us from exploration; that equipment may not work as well as expected; that analysis of data may not be possible accurately and at depth; that results which we or others have found in any particular location are not necessarily indicative of larger areas of our property; that we may not complete environmental programs in a timely manner or at all; market prices for tantalum & niobium may not justify commercial production costs; and that despite encouraging data there may be no commercially exploitable mineralization on our properties. Readers should refer to the risk disclosures outlined in the Company's Management Discussion and Analysis of its audited financial statements filed with the British Columbia Securities Commission.

For further information:

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

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