Commerce Group Corp.
Commerce Group Corp. is one of the only precious metals company that has produced gold and silver in the past twenty or more years in the Republic of El Salvador, Central America. Starting in 1968, for periods during the 1970's and 1980's Commerce was operative in the exploration, exploitation, development, and production of precious metals in El Salvador. It continues to be operative in the exploration of precious metals in El Salvador while it seeks funding for exploitation, development, and production.
Commerce’s objectives are to obtain the permission of the Government of El Salvador to continue the exploitation of mineralized material at SSGM and to obtain a sufficient amount of funds to operate and expand its San Cristobal Mill and Plant and to commence an open-pit, heap-leach operation at its SSGM to produce gold at a profit. It further plans to broaden its exploration targets as the opportunity to discover more gold and silver is evident. Commerce simultaneously continues to seek a compatible acquisition, merger, other business arrangement, or an endeavor in which synergism will prevail. This combination should continue to enhance the value of Commerce’s common shares.
Contact Details
Executives
Chairman, President and CEO
Edward A. Machulak