Mr. Chris Grove reports

COMMERCE RESOURCES CORP. AND SAVILLE RESOURCES INC. REPORT DRILL RESULTS INCLUDING 1.10% NB2O5 OVER 5.4 M AT THE NIOBIUM CLAIM GROUP PROPERTY, QUEBEC

Commerce Resources Corp. has released results from Saville Resources Inc.'s first drill hole from the Mallard target at the niobium claim group property, a subset of the company's Eldor claims, which are located approximately 130 kilometres south of Kuujjuaq, Que. The property covers several prospective and advanced-stage niobium-tantalum targets, with Saville Resources completing year 1 of its earn-in agreement on these claims.

The company is pleased to report that the first hole (EC19-171) of Saville Resources' maiden drill program at the Mallard target has returned the widest, high-grade niobium intercept to date on the property at 0.70 per cent Nb2O5 (niobium pentoxide) over 38.3 metres, including 1.10 per cent Nb2O5 over 5.4 m, starting from 71 m depth. In addition, another wide intercept of strong niobium mineralization was intersected downhole, returning 0.63 per cent Nb2O5 over 34.0 m, as well as another intercept of 0.76 per cent Nb2O5 over 7.5 m higher up in the hole. Therefore, the drill hole achieved its primary objective and was successful in extending the strike of the high-grade niobium mineralization by approximately 60 m to the southeast of historic drill hole EC10-033. A summary of the analytical results is presented in the associated table.

       SUMMARY OF MINERALIZED INTERCEPTS FOR DRILL HOLE EC19-171

Hole ID         From       To   Interval     Ta2O5      Nb2O5      P2O5
                 (m)      (m)        (m)     (ppm)        (%)       (%)

EC19-171        6.23   182.16     175.93       127       0.51       6.6
               23.00    49.00      26.00       267       0.43       9.1
               49.00    56.50       7.50        64       0.76       8.2
               71.22   109.50      38.28       116       0.70       6.6
incl.          71.22    76.63       5.41       182       1.10       7.2
              145.00   179.00      34.00        95       0.63       6.2
EC19-172                                                 assays pending
EC19-173                                                 assays pending
EC19-174                                         no samples (hole lost)
EC19-174A                                                assays pending

(1) Analytical detection limits are 0.003 per cent (30 parts per 
million) for Nb2O5 and Ta2O5 (tantalum pentoxide), and 0.01 per cent 
for P2O5 (phosphorous pentoxide).
(2) Fluorine analysis yet to be completed.   
(3) All drill holes are NQ core size, with approximate strike/dip 
of 230/45 degrees.
(4) True width is not fully constrained; however, the dip of 
mineralization is interpreted as moderate/steep to the northeast. 
Incorporation of the 2019 drill data is anticipated to provide a 
proper basis for true width to be reasonably estimated.

The entirety of EC19-171 was sampled and assayed 0.51 per cent Nb2O5 over 175.9 m and effectively bottomed in mineralization with two of the last four samples assaying greater than 0.90 per cent Nb2O5. The wide intercepts of niobium mineralization are also accompanied by strong tantalum and phosphate mineralization as presented in the associated table. In addition, a near-surface intercept of high-grade tantalum at 267 ppm Ta2O5 over 26 m was also returned starting from 23 m depth.

In summary, Saville Resources' phase 1 drill program on the property included a total of 1,049 m completed over five holes, focused at the Mallard target in the southeast area of the property. The primary objective of the drill program was to test, through drill holes EC19-171, 172 and 174A, the southeastern extension of the high-grade and near-surface niobium mineralized intercepts returned historically by the company from drill hole EC10-033. In addition, a single drill hole (EC19-173) was also completed to test the strike extension of the main mineralized zone to the northwest.

The Mallard target is the most advanced prospect on the property, with 2,490 m over nine drill holes completed by the company (2008 and 2010), and 1,049 m over five drill holes now completed by Saville Resources (2019). Coupled with the strong mineralization returned historically, Saville Resources' phase 1 drill program at Mallard will provide the foundation for advancement toward an initial mineral resource estimate. Further drilling at Mallard as well as several other high-priority targets, including Miranna, is planned as part of phase 2. The 2019 exploration of the property is being carried out by Dahrouge Geological Consulting Ltd. and managed out of Quebec.

Quality assurance/quality control (QA/QC)

A quality assurance/quality control protocol following industry best practices was incorporated into the program and included systematic insertion of quartz blanks and certified reference materials into sample batches, as well as collection of quarter-core duplicates, at a rate of approximately 5 per cent. Drill holes EC19-171, 172, 173 and 174A were sampled in their entirety, for a total of 764 samples including QA/QC, and were shipped to Activation Laboratories in Ancaster, Ont., for analysis. No samples were collected from EC19-174 as it was unexpectedly lost at a depth of 81 m and recollared as EC19-174A.

Lab analysis included niobium, tantalum and major oxides by XRF (X-ray fluorescence) (package 8-Coltan XRF). Standard drill core sample preparation was completed and comprised crushing to 80 per cent passing 10 mesh, followed by a 250 g riffle split and pulverizing to 95 per cent passing 105 microns (package RX1). Additional sample analysis is anticipated.

National Instrument 43-101 disclosure

Darren L. Smith, MSc, PGeo, Dahrouge Geological Consulting Ltd., a permit holder with the Ordre des Geologues du Quebec and qualified person as defined by National Instrument 43-101, supervised the preparation of the technical information in this news release.

About Commerce Resources Corp.

Commerce Resources is an exploration and development company with a particular focus on deposits of rare metals and rare earth elements. The company is focused on the development of its Ashram REE deposit in Quebec and the Upper Fir tantalum-niobium deposit in British Columbia.

We seek Safe Harbor.