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Re: News Release - Tuesday, October 02, 2007
Baffin Project Update - New Mineralized Trend Discovered
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Commander Resources Ltd. (CMD-TSX Venture) reports the discovery of a
new, potentially significant mineralized trend on the large Baffin
Island gold project, Nunavut. The new mineralized trend, called Hebert
covers a seven kilometre by two kilometre area with swarms of quartz
veins carrying arsenopyrite, pyrrhotite and minor galena. Results are
awaited from 53 surface channel samples, but the prospectivity was
confirmed by two grab samples from the veins that carried 15.16 g/t
gold and 6.55 g/t gold.
The discovery brings the total known gold prospect areas to 17, hosted
by Lower Proterozoic iron formation and shear zones along the 140
kilometre greenstone belt, that is similar in age and tectonic history
to the historic Homestake Gold mine in South Dakota.
Additional preliminary highlights of this year's drilling program:The
2007 drilling program was designed to evaluate priority targets along
the 80 kilometre central section of the belt outside of the main and
more advanced Ridge Lake and Malrok zones in order to gain a better
understanding of the potential inventory of prospects that will require
more detailed work. Drill results are shown in the table below.
The Malrok and Ridge Lake central zones, which were not drilled this
year, are at the stage where detailed systematic drilling of the core
mineralized zones is warranted.
Hebert
The presence of well-developed quartz-arsenopyrite-galena vein systems
carrying gold in this geological setting may indicate that there is
another level and type of gold mineralization on the property. Several
showings in outcrop and rubble-crop occur within a corridor defined by
the occurrence of quartz-arsenopyrite veins within mixed sedimentary
units. Metre-spaced and well-developed quartz veins contain 5-25%
arsenopyrite. A grab sample from rubble-crop of greywacke contains 5%
quartz veins carrying 3-5% arsenopyrite and assayed 6.55 g/t Au. A
second sample consisting of a quartz vein with 1% galena assayed 15.16
g/t gold. Awaited are results of 53 channel samples, collected over
a 100 metre x 100 metre area of mineralized outcrop, and 156 till
samples, collected over a 63 sq. km area.
Durette
Five holes (DUR-07-07 to DUR-07-11) were drilled along a 500 metre long
EM conductor coinciding with a mineralized intercept in DUR-06-03
drilled in 2006. Intervals of SIF ranging from 5 to 30 metres thick and
carrying variable amounts of arsenopyrite and pyrrhotite were
encountered. The Durette conductor is open under a lake to the
southeast where it has not been tested. The offset part of the
conductor continues for 800 metres to the west where it is largely
covered by overburden and has not been tested by drilling.
Peninsula
PEN-07-01 was drilled down dip from a SIF horizon that graded 8.5 g/t
gold at surface. PEN-07-02 was drilled two kilometres northeast of
PEN-07-01 and intersected a 3.14 metre wide SIF horizon that is similar
to that intersected in the Ridge Lake area. A 1.0 metre wide horizon
at a depth of 60 metres in this hole contains laminated pyrrhotite with
chalcopyrite and sphalerite. Base metal assays are awaited.
Brent Showing
On the Brent showing trend, hole Q2-07-07 drilled in the vicinity of
holes Q-06-01 and Q-06-02 was targeted to drill directly across the
northwest trending vein system. This hole intersected the northwest
trending vein system between 23.80 and 39.50 metres depth down the
hole. Three modest intersections over this interval included 1.65 g/t
over 0.80 metres, 4.22 g/t over 0.50 metres and 2.54 g/t over 0.50
metres. All intersections were associated with
quartz-feldspar-arsenopyrite veins hosted in quartz diorite.
Table of 2007 Drill Results
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Hole From (m) To (m) Width (m) Grade (g/t) gold
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Ridge Lake East
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RLD-07-63 35.93 36.5 0.57 7.37
RLD-07-64 NSA
RLD-07-65 NSA
Peninsula
PEN-07-01 112.23 113.5 1.27 3.59
Includes 112.23 112.73 0.50 8.16
PEN-07-02 Base Metal Results Pending
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Brent
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Q2-07-05 NSA
Q2-07-06 NSA
Q2-07-07 23.80 24.60 0.80 1.65
Q2-07-07 37.50 38.00 0.50 4.22
Q2-07-07 39.00 39.50 0.50 2.54
Q2-07-08 NSA
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Durette
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DUR-07-07 31.00 39.00 8.00 1.22
includes 34.00 36.00 2.00 2.28
DUR-07-08 Assays Pending
DUR-07-09 Assays Pending
DUR-07-10 Assays Pending
DUR-07-11 Assays Pending
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NSA =No Significant Gold Assays
Maps pertaining to this release can be found on the Company's website.
Drill plan maps and sections will be posted after all remaining results
are received. The property is readily accessible to tidewater, contains
abundant fresh water and is located near two "Distant Early Warning"
(DEW line) radar stations, each with an operational 4,000 foot
airstrip.
GeoVector Management Inc. of Ottawa managed the 2007 field program.
Alan Sexton, MSc, P.Geol. was the Project Manager and the Qualified
Person under NI 43-101 supervising the technical aspects of the
program.
QA/QC Procedures
NQ drill core was logged and all pertinent geological / geotechnical
information recorded. The drill core was then sawn in half, with one
half bagged, labeled and sent for assay; the remaining half was placed
in core boxes as a permanent record and is stored on the project site.
Core sample size varied from 0.5 to 1.5 metres in length. All samples
were transported to TSL Laboratories in Saskatoon, Saskatchewan for
crushing, pulverization and analysis.
Core samples are crushed using a primary jaw crusher to minimum 70%
passing 10 mesh. A finer crush is then obtained through a rolls
crusher to a minimum 95% passing 10 mesh. A representative 500 gram
split sample is obtained by passing the entire reject sample through a
riffler, and by alternating catch pans before taking the final split.
The remaining reject material is returned to a labeled bag and stored.
The 500 gram sub-sample is pulverized to a minimum 95% passing 150
mesh. The homogenized sample is analyzed by FA/Gravimetric using a 1
AT charge with a detection limit of 0.03 g/t Au.
As part of in-house QA/QC TSL Laboratories inserts certified gold
standards, which are purchased from CDN Resource Labs. Standards are
inserted and three pulp duplicates are analyzed for every 20 samples.
Random additional repeats are also analyzed as required. Results from
all internal QC samples and repeats are reported.
In addition, Commander sequentially inserts certified gold standards,
which are purchased from CDN Resource Labs, and "blank" core samples.
One standard and one blank are inserted with every batch of 20 core
samples prior to shipment to TSL Laboratories.
If there are any analyses of the certified gold standards that fall
outside of the acceptable range the entire batch of 20 samples will be
re-run. If there are any significant gold values returned from the
"blank" core samples the entire batch of 20 samples will be re-run. A
percentage of the core sample pulps from 2007 Commander drilling
program will be submitted to another lab for check assaying. No sample
batch re-runs have been necessary on the 2007 results received to date.
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 are being 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 E. Leigh
President & CEO
For further information, please call:
Telephone: (604) 685-5254 ~ 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.
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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
Message sent on Tue Oct 2, 2007 at 2:08:49 PM Pacific Time
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