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Commander Is Set To Continue Exploration On The Hermitage Uranium
Project
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Commander Resources Ltd. (CMD-TSX Venture) reports that it is preparing
to commence a follow-up program on its Hermitage uranium project in
southern Newfoundland. The first part of this phase of exploration on
the property is designed to expand and better define uranium zones
intersected in the first stage drill program earlier this year and to
develop targets for wider intervals of better uranium grades. The
results will be used to plan a follow-up drill program that could start
in early fall.
Work to date on the property has confirmed that:
- Uranium occurs in bedrock beneath a thin veneer of overburden -- the
property is 90% overburden covered;
- Uranium-bearing boulders are locally derived with indicated movement
of only 100-500 metres;
- We are in an excellent logistical location and have the right
geological setting for the development of uranium resources;
- Both grade and width potential are indicated from the first pass
drilling -- 60% of the holes hit uranium; and,
- The mineralized intervals are open away from the areas drilled and
have the opportunity for increase in thickness and/or grade along
strike.
We now have a "toolbox" that can effectively define mineralized trends
for the next round of drilling. The "toolbox" includes radon gas (alpha
cup) surveys, ground spectrometer surveys and soil sampling in
conjunction with ground magnetics---all of which have shown positive
correlation to uranium zones. The coincidence of these features shows
extensive trends several hundred metres in length that have not been
tested and are open due to lack of coverage. This set of tools has
only been applied to very small areas on the large property so
expansion of this work and more detailed sampling is needed to better
define drill targets.
An induced polarization survey (IP) is planned at Troy's Pond to map
out the stratigraphic package where previously reported hole SP-06-06
intersected 0.045% U3O8 over 4.3 metres within 40 metres of surface and
where pyrite and clay alteration appears to be directly associated with
better uranium mineralization. The package of rocks that is host to
Troy's Pond extends for several kilometres along-strike but is largely
masked by overburden.
Both excavator and hand trenching will be undertaken in areas of
anticipated uranium bearing horizons and prospecting will be extended
to new areas in the Strickland and White Bear target areas.
Maps of the property and various target areas are on the Company's
website at www.commanderresources.com.
ABOUT COMMANDER RESOURCES LTD.
Commander Resources Ltd. is a Canadian junior exploration company with
control of one of the largest new gold districts in Canada and a new
uranium belt in Newfoundland. The Company also owns several high
quality exploration properties that will be explored this year by
partners. The Company uses a combination of aggressive land
acquisition, focused projects and good deal-making to increase its
exposure to success while reducing risk to shareholders.
On Behalf of the Board of Directors,
Kenneth Leigh
President & CEO
For further information, please call: Commander Resources Ltd.
Telephone: (604) 685-5254 or 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
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Copyright (c) 2007 COMMANDER RESOURCES LTD. (CMD) All rights reserved.
For more information visit our website at
http://www.commanderresources.com/ or send
mailto:info@commanderresources.com
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