Commander Resources Ltd.

Published : February 24th, 2009

Files 43-101 Technical Report On The Storm Copper Project, Nunavut

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Commander Resources Ltd.



  Tuesday, February 24, 2009
Commander Files 43-101 Technical Report On The Storm Copper Project, Nunavut

  Commander Resources Ltd. (CMD-TSX Venture) has filed a National Instrument 43-101 technical report on the Storm property staked in 2008. The report qualifies and confirms historical copper and zinc assay data generated by Teck Cominco Ltd. (formerly Cominco) and Xstrata Plc (formerly Noranda) in the early 1990's and highlights potential to discover copper and zinc deposits with economically significant size and grade. The technical report was completed by Scott Wilson Roscoe Postle Associates Inc. (Scott Wilson RPA) and may be viewed on Commander's website (Storm Copper Project Technical Report) or on www.sedar.com. The property, owned 100% by Commander, covers a 62,320-hectare land position.

Storm Copper includes four near-surface, high-grade centres of copper mineralization, which occur within a seven-kilometre-long mineralized structural corridor. Chalcocite and bornite are the dominant copper sulphides, providing the potential to produce a high-grade concentrate. Historical drilling returned results including 3.5% Cu over 15.0 metres, 3.2% Cu over 9.2 metres, 2.4% Cu over 7.3 metres, 5.09% Cu over 53.9 metres, 4.5% Cu over 35.5 metres, 2.65% Cu over 24.6 metres, and 9.29% Cu over 6.4 metres. Copper grades can be very high over significant intervals, such as 20.42% Cu over 5.0 metres.

The technical report concludes that:
  • Four zones discovered to date have high-grade copper intercepts suggesting the possibility for pipe-like feeder zones with high-grade keels and are associated with broad areas of stratabound mineralization.
  • The 4100N zone, the largest of the four known zones based on existing information, offers considerable room for expansion and possible development as an open-pittable or low-cost underground deposit if sufficient tonnes and grade are outlined. The 4100N zone extends over an area of at least 1,000 m x 400 m and is open to the north, east and west with potential for deep extensions. Widely spaced drill holes all encountered copper mineralization of varying grades in a predictable stratigraphic position.
  • Scott Wilson RPA could not make a resource estimate on the 4100N Zone based on the CIM classification system because the spacing between drill holes is too wide.
  • An aggressive exploration program of geophysics and drilling is warranted to define and expand the known zones and explore for new centres of mineralization.
High-grade zinc mineralization also occurs in the Seal deposit on the western end of the property on tidewater. Drilling to date has defined mineralization over 400 m long, 50 m to 100 m wide and 12 m to 20 m thick. The average grade of the deposit is 7% Zn to 8% Zn and 23 g/t Ag to 27g/t Ag. Intervals within the zone contain up to 33% Zn and 140 g/t Ag. A historic "geological resource" of 2 Mt grading 8% Zn and 30 g/t Ag was estimated from the drilling by Teck Cominco geologists in 1997. Scott Wilson RPA cautions that there is no data available to independently verify the historical resource. Consequently, while it is indicative of the potential extent of mineralization, it should not be relied upon. The limits of the Seal Zinc deposit appear to have been defined, but there is potential for this type of mineralization to occur elsewhere on the property.

Commander was awarded three prospecting permits February 1, 2008, valid for a term of five years. The total cost of the acquisition was about $15,000, which will be refunded upon completion of an equivalent amount of exploration work within the first two years.

Details regarding the acquisition of the Storm Property and the historical mineralization may be found on the Company's website and in a previous news release dated April 8, 2008.

On Behalf of the Board of Directors,



Kenneth Leigh
President & CEO



For further information, please call:
Cathy DiVito, Investor Relations
Telephone: (604) 484-7111 ~ Toll-free: 1-800-667-7866
www.commanderresources.com

Email: info@commanderresources.com




The TSX Venture Exchange has not reviewed and does not accept responsibility
for the adequacy or accuracy of this news release.
 

�2006 Commander Resources Ltd. All Rights Reserved. | Disclaimer
Adnet Communications Inc.
<

Commander Resources Ltd.

DEVELOPMENT STAGE
CODE : CMD.V
ISIN : CA2005021027
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Commander Res. is a silver and gold exploration company based in Canada.

Commander Res. develops silver, gold, diamonds and uranium in Canada, and holds various exploration projects in Canada.

Its main assets in development are HERMITAGE and BAFFIN ISLAND in Canada and its main exploration properties are NEPISIGUIT-STEWART, OLYMPIC-ROB, LOCHINVAR, ORION GOLD, SABIN, STORM PROPERTY and DESPINASSY in Canada.

Commander Res. is listed in Canada and in United States of America. Its market capitalisation is CA$ 8.6 millions as of today (US$ 6.9 millions, € 6.5 millions).

Its stock quote reached its highest recent level on May 24, 1996 at CA$ 1.40, and its lowest recent point on December 18, 2015 at CA$ 0.01.

Commander Res. has 115 300 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
In the News and Medias of Commander Resources Ltd.
3/30/2006Corporate profile
Annual reports of Commander Resources Ltd.
2007 Annual report
2006 Annual report
Financings of Commander Resources Ltd.
5/23/2011Closes Tranche 2 of Financing
4/12/2011Announces Private Placement Financing
Nominations of Commander Resources Ltd.
6/24/2008Announces Appointment of Director
Project news of Commander Resources Ltd.
12/2/2013Drilling Commences on Commander's Nepisiguit Property, New B...
7/9/2013Expands Sarah Lake Nickel Property, Labrador
5/17/2013to Acquire 100% Interest in Sarah Lake Nickel Property, Labr...
1/21/2013Reports Progress on Storm Copper Property, Nunavut
9/25/2012Completes 2012 Field Program & Receives Results from Omineca...
7/23/2012Optionee Commences Work at Storm Copper Property
3/29/2012Provides Update on Storm Copper Property Deal
3/27/2012Completes Initial Drill Program at Stump Lake Gold Property
3/23/2012(Baffin Island)Retains 100% of the Baffin Island Project
2/10/2012Identifies Anomalous Gold Zones on Yukon Gold Property
2/8/2012to Commence Initial Drill Program at Stump Lake Gold Propert...
1/31/2012Sells Remaining Green Bay Property Interest to Maritime
1/26/2012(Baffin Island)Outlines Large I.P. Anomaly at Baffin Island Gold Property
12/15/2011(Storm Property)Closes Storm Property Deal
11/24/2011Signs $15 Million Option Agreement on Storm Copper Property
10/13/2011Commences IP Survey on Stump Lake Gold Property, BC
7/22/2011Commences Work on Yukon Gold Property
7/6/2011(Baffin Island)Mobilizes for 2011 Baffin Island Gold Program
6/14/2011Acquires New Gold Property In BC
6/3/2011Options Gold Property in the Yukon
4/13/2011Partner Intersects High Grade Gold in Newfoundland
2/24/2011(Orion Gold)Reports That Drilling Has Commenced on Orion Gold Project
2/16/2011Partner Cuts High Grade Copper at Nepisiguit
9/24/2009(Baffin Island)Discovers New Gold Showings On The Baffin Gold Project, Nuna...
2/24/2009Files 43-101 Technical Report On The Storm Copper Project, N...
11/3/2008(Baffin Island)Awaits Assay Results From Baffin Gold Project
5/30/2008Commissions a 43-101 Technical Report on the Newly Acquired ...
5/9/2008(Rob) Attracts a New Partner to the Olympic-Rob Property, Yukon T...
4/8/2008Commander Acquires High Grade Base Metal Property with Histo...
3/26/2008(Hermitage) Samples 0.17% U3O8 Over 1.15 Metres At Hermitage
2/14/2008(Blue Hills (hermitage)) Earns 100% Interest In The Blue Hills And White Bear Uraniu...
2/4/2008(Hermitage) Extends Uranium Trend On Hermitage
1/21/2008(Strickland (hermitage)) Outlines Drill Targets at Troy's Pond
1/14/2008(Baffin Island) Reaches Agreement to Accelerate Acquisition of 100% of Qimm...
1/10/2008(Despinassy) Sells Despinassy Interest To JV Partner
11/26/2007Durette Drilling Returns High Grade Intersections And A New ...
10/15/2007(South Voisey Bay)Commander and Donner Commence EM Survey on the Sarah Lake Ni...
10/2/2007(Baffin Island)Baffin Project Update - New Mineralized Trend Discovered
9/19/2007(Olympic-rob)'s Partner In The Yukon Reports 1.12% Cu over 5.6 metres fro...
7/4/2007(Olympic-rob)Drilling Commences On Commander'S Olympic-Rob Cu-Au-U Proper...
6/5/2007(Hermitage)Reports Drill Results From Newly Discovered Uranium Minerali...
5/7/2007(Hermitage)Completion of Phase 1 Drill Program: Radiometric Zones Disco...
4/26/2007(Hermitage)Drilling on White Bear Confirms Bedrock Uranium Mineralizati...
4/9/2007(Hermitage)CMD's Hermitage Uranium Exploration Update
Corporate news of Commander Resources Ltd.
6/23/2016Commander Acquires Exploration Assets from Bearing Resources
6/9/2016Commander Elects Five Directors and Appoints Stephen Wetheru...
5/2/2016Commander Raises $1 million through Sale of Aston Bay Shares
4/7/2016Commander Amends Option Agreement with Maritime for Purchase...
10/8/2015Commander Announces Executive Appointment
10/1/2015Commander Resources Announces Executive Appointment
7/21/2015Commander Grants Incentive Stock Options
7/11/2015Commander Amends Option of Glenmorangie Property
7/9/2015Commander Appoints Robert Cameron to the Board
7/8/2015Commander Appoints Robert Cameron to the Board
3/2/2015Geophysical Survey Outlines Strong Conductors on South Voise...
8/15/2013Attains 100% Ownership of South Voisey's Bay Nickel Project
5/28/2013Reports Resource Estimate for 40% Owned Maritime Resources N...
5/6/2013Optionee on Storm Copper Property Completes Public Listing
10/17/2012Defines Drill Targets on its Glenmorangie Gold Property, Yuk...
10/11/2012Optionee Moving Forward on Public Listing
6/27/2012Commences 2012 Field Program
4/27/2012Reports Stump Lake Gold Drill Program Results
9/13/2011Extends Strike Length of Gold Showings at Stump Lake, BC
6/29/2011Commences Work on Storm Copper Property
6/21/2011Partner Expands High Grade Gold Zones at Orion
6/1/2011(Orion Gold)and Maritime Resources Corp.: Exploration and Development Al...
4/8/2011Plans 2011 Exploration Program
4/6/2011Appoints New Vice President of Exploration
7/29/2010Options New Brunswick Properties to Stratabound Minerals
11/19/2009Final Approvals For Anglogold Baffin Farm-In And JV
11/9/2009Samples Up to 442 G/T Gold from New Baffin Prospects
6/4/2009Receives Units of Fjordland as Settlement
3/2/2009Seeks Partner For The Orion Gold Deposit, Newfoundland
12/3/2008Cuts 91.06 G/T Gold Over 1.6 Metres In Channel Sampling On B...
11/13/2008and Bayswater Sell a Royalty on Cochrane Pond to Global Gold...
9/30/2008CMD - Update September 2008
9/5/2008Provides An Update On Exploration Activities
8/14/2008Commences Drill Program on High Priority Nickel Targets in L...
8/1/2008Photos and information available from the Storm Copper prope...
7/16/2008Identifies A Third Geophysical Anomaly In Labrador; Drill Co...
5/13/2008Commander Leverages Its Base Metal Rights On Baffin Island
5/12/2008Commander Reaches Agreement with Xstrata Nickel to Accelerat...
2/25/2008 Plans Geophysical Survey on Labrador Nickel Properties
2/8/2008Will Be Exhibiting at the 2008, North of 60 Resource Confere...
12/20/2007Corporate Update
10/16/2007BMK Communications
9/13/2007And Donner To Re-Activate The South Voisey's Bay Nickel Proj...
8/15/2007Message from the President and CEO
7/25/2007Is Set To Continue Exploration On The Hermitage Uranium Proj...
7/6/2007Global Gold Uranium Commences Airborne Survey On Cochrane Po...
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (CMD.V)Other OTC (CMDRF)
0.075-6.25%0.000-99.99%
TSX-V
CA$ 0.075
04/18 11:45 -0.010
-6.25%
Prev close Open
0.080 0.075
Low High
0.075 0.075
Year l/h YTD var.
0.040 -  0.090 25.00%
52 week l/h 52 week var.
0.040 -  0.140 -25.00%
Volume 1 month var.
45,000 -6.25%
24hGold TrendPower© : 20
Produces
Develops Diamonds - Gold - Uranium
Explores for Copper - Gold - Silver - Uranium - Zinc
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 7/21/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
2024-11.76%
20236.25%0.140.07
2022-30.43%0.180.08
2021-37.84%0.320.11
2020164.29%0.190.05
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.82+1.69%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 11.22+1.63%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.55+2.59%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.48-1.59%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 15.84-1.31%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24+0.00%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.19-7.32%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.85-2.63%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 51.83+0.78%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.03+0.00%Trend Power :