Mr. Chris Grove reports

COMMERCE RESOURCES CORP. AND SAVILLE RESOURCES INC. REPORT DRILL RESULTS INCLUDING 1.36% NB2O5 OVER 4.5 M AT THE NIOBIUM CLAIM GROUP PROPERTY, QUEBEC

Commerce Resources Corp. has released the final drill hole results from Saville Resources Inc. on the Mallard prospect 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.

Sample assays for drill hole EC19-174A have now been received and have returned the strongest and widest mineralized intervals of niobium to date on the property. Starting from only 17-metre depth (core length), results include 0.80 per cent Nb2O5 (niobium pentoxide) over 31.5 m, including 0.98 per cent Nb2O5 over 13.5 m or 1.36 per cent Nb2O5 over 4.5 m, as well as a second subinterval of 1.04 per cent Nb2O5 over 7.7 m. This near-surface mineralization is followed by a second well-mineralized interval, starting from 96.5 m depth (core length), which assays 0.79 per cent Nb2O5 over 37.0 m, including 1.01 per cent Nb2O5 over 7.5 m, as well as a third mineralized horizon assaying 0.67 per cent Nb2O5 over 20.0 m. A total of 11 individual samples from EC19-174A returned greater than 1 per cent Nb2O5 with a peak sample of 1.68 per cent Nb2O5 over 1.5 m.

Company president Chris Grove stated: "The potential at Mallard only seems to grow with each drill hole completed. The results from the recent Saville Resources program have been excellent and we are excited to have them continue to advance this asset and unlock the additional value for our shareholders as we focus on the Ashram rare earth deposit, located only two km away."

To date, preliminary interpretation of the drill data indicates the Mallard prospect is characterized by a series of subparallel, elongated, moderate steep-dipping, northwest-trending mineralized horizons that extend from surface and remain open in all directions. These higher-grade mineralized horizons are separated by comparable horizons of moderate- to low-grade niobium mineralization. Given the elongated nature of the mineralized horizons, as well as their moderate steep dip, the mineralized horizons encountered at depth in each hole have a reasonable potential to continue updip, and potentially to surface, and therefore, could be intersected at a shallower depth by stepping the drill forward.

In addition, strong grades of tantalum and phosphate continue to be returned in association with the niobium with a zonation between all three evident. Additional mineralogical work is planned as part of phase 2 to advance the understanding of the mineral relationships across the mineralized horizons.

A summary of the analytical results is presented in the associated table.

         SUMMARY OF MINERALIZED INTERCEPTS FOR DRILL HOLE EC19-174A

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

EC19-171                 results reported in news release dated June 3, 2019
EC19-172                 results reported in news release dated June 6, 2019
EC19-173                 results reported in news release dated June 6, 2019
EC19-174               no samples (hole lost at 81 m and recollared as 174A)
EC19-174A       4.97    270.00       265.03       105         0.48       6.1
               17.00     48.50        31.50        81         0.80       9.0
incl.          18.50     32.00        13.50        70         0.98      10.5
or             23.00     32.00         9.00        73         1.13      10.6
or             23.00     27.50         4.50        70         1.36      12.3
incl.          37.80     45.50         7.70       136         1.04      11.9
               96.50    133.50        37.00       163         0.79       8.1
incl.         114.00    123.94         9.94       168         0.95       8.6
or            115.50    123.00         7.50       178         1.01       9.0
              167.52    187.47        19.95       170         0.67       9.4
              197.00    230.50        33.50        70         0.50       5.0

Analytical detection limits are 0.003 per cent (30 parts per million) for Nb2O5 and tantalum pentoxide (Ta2O5), and 0.01 per cent for phosphorous pentoxide (P2O5). Fluorine analysis yet to be completed. All drill holes are NQ core size, with approximate strike/dip of 230/45 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.

Drill holes EC19-171, 172 and 174A were all completed southeast of the historical drilling at Mallard and all intersected significant intervals of niobium mineralization starting at or near surface, while also effectively bottoming in mineralization. Drill hole EC19-174A was the final hole of the 2019 winter program and was completed as an approximate 50 m stepout along strike to the southeast from EC19-172. Collectively, the 2019 drill program has successfully extended the mineralized strike at Mallard to the southeast by approximately 100 m, and further, is marked by a notable increase in grade and width of the mineralized horizon(s). To the north, the intersection in EC19-173 has further advanced the potential in this area, toward the Spoke and Miranna targets, which remain to be drill tested.

The Mallard prospect 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.