Fermer X Les cookies sont necessaires au bon fonctionnement de 24hGold.com. En poursuivant votre navigation sur notre site, vous acceptez leur utilisation.
Pour en savoir plus sur les cookies...
AnglaisFrancais
Cours Or & Argent en

Commander Resources Ltd.

Publié le 08 avril 2008

Commander Acquires High Grade Base Metal Property with Historical Drill Intercepts of 5.09% Cu Over

( 0 vote, 0/5 ) Imprimer l'article
  Article Commentaires Commenter Notation Suivre la société  
0
envoyer
0
commenter
Commander Resources Ltd.



 Tuesday, April 08, 2008
Commander Acquires High Grade Base Metal Property with Historical Drill Intercepts of 5.09% Cu Over 53.9 Metres.

  News Release: 08-10

Commander Resources Ltd. (CMD-TSX Venture) has acquired a significant copper and zinc property within a 62,320 hectare land position in Nunavut, Canada. Storm Copper includes four near surface, high grade centres of copper mineralization which occur within a seven (7) kilometre long mineralized structural corridor The copper zones include a number of historical drill intercepts as high as 5.09% Cu over 53.9 metres. The largest zone, measuring in excess of 1000 metres x 400 metres and containing high grade intercepts such as 3.5% Cu over 17.2 metres within 50 metres of surface, remains open in all directions. The Seal Zinc zone, which is adjacent to tidewater includes historical drill intercepts up to 10.5% Zn and 28 g/t Ag over 18 metres of drill core.

Commander was awarded three (3) Prospecting Permits valid for a term of five (5) 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.

Commander plans to initiate a program to re-log and sample core and to compile and evaluate large quantities of geological, geophysical, and geochemical data in order to define priorities and develop a strategy to advance the property.

"It is very rare that a property of this significance and size becomes available. The property was explored by a major mining company at a time when metal prices were at historically low levels so very few people even knew of its existence. With copper prices 5 times what they were in the 1990's and hitting record price of $4.00/lb this week, this property represents an excellent acquisition for Commander. It fits Commander's business strategy with low initial and holding costs and with known high grade mineralization ,presents a real opportunity to find a large size, high grade copper resource" states Kenneth Leigh, President & CEO.

Storm Copper

Four zones of copper mineralization, named 2200N, 2750N, 3500N and 4100N, hosted by Paleozoic carbonates, outcrop at surface and extend to depths of at least 100 metres. These are located within 16 - 20 kilometres of tidewater.

The 4100N zone, the largest discovered, contains a consistent interval of copper mineralization starting at a depth of about 50 metres from surface based on 17 widely spaced diamond drill holes. The zone extends over an area of at least 1000 metres x 400 metres and remains open. Examples of drill intersections from this large zone include:
  • 3.5% Cu over 17.2 metres
  • 2.0% Cu over 10.2 metres
  • 2.33% Cu over 4.9 metres
  • 1.14% Cu over 52.2 metres including 2.41% Cu over 7.3 metres
  • 1.16% Cu over 52.2 metres including 3.27% Cu over 10.2 metres
The complete table of the 17 historical drill holes from the 4100N zone can be found on the Company's website www.commanderresources.com/s/Storm.asp?ReportID=294856 along with maps and photos of the overall property.

The other three zones have potential as indicated by the following drill intercepts:

2750N Zone (exposed at surface over at least 200 metres of strike)
  • 2.92% Cu over 105 metres starting at surface including 5.09% Cu over 53.9 metres
  • 3.1% Cu over 58.4 metres including 4.54 % Cu / 35.5 metres and 9.56% Cu over 13.3 metres.
2200N Zone (exposed at surface over 500 metres of strike)
  • 2.46% Cu over 26 metres starting at surface and including 3.76% Cu over 15 metres
  • 1.56% Cu over 50.9 metres starting at surface including 9.29% Cu over 6.4 metres from surface and 1.93% Cu over 10.6 metres at a depth of 38 metres.
3500N Zone (exposed at surface over a 300 metre strike length)
  • 0.96% Cu over 95.6 metres including 2.2% Cu over 12.6 metres starting at 7.6 metres and 3.09% Cu over 8.2 metres at a depth of 33.4 metres.
  • 0.62% Cu over 80.3 metres from surface including 1.58% Cu over 11.8 metres.
Anomalous copper in soils and copper mineralization in felsenmeer and outcrop can be found over the entire seven kilometre length of the structure. Significant exploration potential remains in the area of the known zones and at depth beneath a mega collapse breccia block, several kilometres in size that was most likely dropped down due to dissolution of the carbonates by mineralizing fluids.

Chalcocite and bornite are the dominant copper sulphides, which is significant since both minerals contain much higher copper content than chalcopyrite and therefore result in a high grade copper concentrate.

The property exhibits most of the attributes of large carbonate-hosted Cu (Zn) mineral deposits such as Kipushi (70 Mt @ 4.8% Cu, 8.8% Zn, 0.5% Pb), Kennecott (4.4 Mt @ 12.4% Cu, 95 g/t Ag), and Ruby Creek (90 Mt @ 1.2% Cu).

Seal Zinc

The Seal Zinc zone is located on tidewater, 20 kilometres to the west from the centre of the copper mineralization and within the same structural trend. The Seal zone is stratabound consisting of massive to disseminated and vein-fill sphalerite, marcasite and minor pyrite hosted by a clean, white sandstone unit that is stratigraphically below the main copper mineralization at Storm Copper.

Teck Cominco discovered the Seal zone in 1995 when 14 holes drilled on the target intersected high-grade zinc mineralization hosted by a sandstone unit. Drilling also identified intense hydrothermal alteration extending over a 600 metre long, 150 metre thick zone in the footwall carbonate units to the main massive sulphide zone.

Property Location and History

The entire property covers about 154,000 acres (62,320 hectares) on the northwest corner of Somerset Island, Nunavut extending from tidewater inland for about 40 kilometres. The property is about 150 kilometres south of the commercial airport and service centre of Resolute Bay on neighbouring Cornwallis Island. The Polaris mine shipped lead and zinc concentrates from this region for 20 years.

The property was discovered and explored by Teck Cominco Ltd. between 1995 and 2000 during which time a total of 67 shallow holes were drilled on the Storm Copper area and 31 holes were drilled on or in the vicinity of the Seal Zinc Zone. Work on the property ceased in 2001 due to weak metal prices and the soft metal markets. The mineral claims lapsed over the subsequent six (6) years as the credits ran out. Commander's acquisition of 100% of the property was confirmed on April 1, 2008.

All of the geological information contained in this release including assay intervals and descriptions of mineralization was taken from publicly available assessment reports and assay data filed with the Nunavut Government by Teck Cominco. Commander has not verified this data.

Bernard Kahlert, P.Eng is the Qualified Person responsible for the technical content of this release.

About Commander Resources Ltd.

Commander Resources Ltd. is a junior exploration company focused on gold and base metal exploration in Canada. The strength of Commander comes from a combination of aggressive land acquisition and strategic partnerships to increase exposure to discovery while mitigating risk to the shareholders. Diversification is the cornerstone of Commander's strategy and is reflected in its extensive property portfolio including the main projects, Baffin Island Gold, Hermitage Uranium and the South Voisey's Bay Nickel property.

On behalf of the Board of Directors,

Kenneth E. Leigh
President & CEO

For further information, please call:
Investor Relations: BMK Communications
Toll Free: 1-866-782-6032

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.

EN DÉVELOPPEMENT
CODE : CMD.V
ISIN : CA2005021027
Suivi et investissement
Add to watch list Add to your portfolio Add or edit a note
Ajouter une alerte Ajouter aux Watchlists Ajouter au portefeuille Ajouter une note
ProfilIndicateurs
de Marché
VALEUR :
Projets & res.
Communiqués
de Presse
Rapport
annuel
RISQUE :
Profile actifs
Contactez la cie

Commander Res. est une société d’exploration minière d'argent et d'or basée au Canada.

Commander Res. est en développement de projets d'argent, d'or, de diamants et d'uranium au Canada, et détient divers projets d'exploration au Canada.

Ses principaux projets en développement sont HERMITAGE et BAFFIN ISLAND au Canada et ses principaux projets en exploration sont NEPISIGUIT-STEWART, OLYMPIC-ROB, LOCHINVAR, ORION GOLD, SABIN, STORM PROPERTY et DESPINASSY au Canada.

Commander Res. est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 8,6 millions CA$ (6,9 millions US$, 6,1 millions €).

La valeur de son action a atteint son plus haut niveau récent le 24 mai 1996 à 1,40 CA$, et son plus bas niveau récent le 18 décembre 2015 à 0,01 CA$.

Commander Res. possède 115 300 000 actions en circulation.

Votre avis nous interesse, merci de laisser un commentaire ou de noter cet article.
Evaluer : Note moyenne :0 (0 vote) Voir les mieux notés
 
Dans les médias de Commander Resources Ltd.
30/03/2006Corporate profile
Rapports annuels de Commander Resources Ltd.
2007 Annual report
2006 Annual report
Financements de Commander Resources Ltd.
23/05/2011Closes Tranche 2 of Financing
12/04/2011Announces Private Placement Financing
Nominations de Commander Resources Ltd.
24/06/2008Announces Appointment of Director
Projets de Commander Resources Ltd.
02/12/2013Drilling Commences on Commander's Nepisiguit Property, New B...
09/07/2013Expands Sarah Lake Nickel Property, Labrador
17/05/2013to Acquire 100% Interest in Sarah Lake Nickel Property, Labr...
21/01/2013Reports Progress on Storm Copper Property, Nunavut
25/09/2012Completes 2012 Field Program & Receives Results from Omineca...
23/07/2012Optionee Commences Work at Storm Copper Property
29/03/2012Provides Update on Storm Copper Property Deal
27/03/2012Completes Initial Drill Program at Stump Lake Gold Property
23/03/2012(Baffin Island)Retains 100% of the Baffin Island Project
10/02/2012Identifies Anomalous Gold Zones on Yukon Gold Property
08/02/2012to Commence Initial Drill Program at Stump Lake Gold Propert...
31/01/2012Sells Remaining Green Bay Property Interest to Maritime
26/01/2012(Baffin Island)Outlines Large I.P. Anomaly at Baffin Island Gold Property
15/12/2011(Storm Property)Closes Storm Property Deal
24/11/2011Signs $15 Million Option Agreement on Storm Copper Property
13/10/2011Commences IP Survey on Stump Lake Gold Property, BC
22/07/2011Commences Work on Yukon Gold Property
06/07/2011(Baffin Island)Mobilizes for 2011 Baffin Island Gold Program
14/06/2011Acquires New Gold Property In BC
03/06/2011Options Gold Property in the Yukon
13/04/2011Partner Intersects High Grade Gold in Newfoundland
24/02/2011(Orion Gold)Reports That Drilling Has Commenced on Orion Gold Project
16/02/2011Partner Cuts High Grade Copper at Nepisiguit
24/09/2009(Baffin Island)Discovers New Gold Showings On The Baffin Gold Project, Nuna...
24/02/2009Files 43-101 Technical Report On The Storm Copper Project, N...
03/11/2008(Baffin Island)Awaits Assay Results From Baffin Gold Project
30/05/2008Commissions a 43-101 Technical Report on the Newly Acquired ...
09/05/2008(Rob) Attracts a New Partner to the Olympic-Rob Property, Yukon T...
08/04/2008Commander Acquires High Grade Base Metal Property with Histo...
26/03/2008(Hermitage) Samples 0.17% U3O8 Over 1.15 Metres At Hermitage
14/02/2008(Blue Hills (hermitage)) Earns 100% Interest In The Blue Hills And White Bear Uraniu...
04/02/2008(Hermitage) Extends Uranium Trend On Hermitage
21/01/2008(Strickland (hermitage)) Outlines Drill Targets at Troy's Pond
14/01/2008(Baffin Island) Reaches Agreement to Accelerate Acquisition of 100% of Qimm...
10/01/2008(Despinassy) Sells Despinassy Interest To JV Partner
26/11/2007Durette Drilling Returns High Grade Intersections And A New ...
15/10/2007(South Voisey Bay)Commander and Donner Commence EM Survey on the Sarah Lake Ni...
02/10/2007(Baffin Island)Baffin Project Update - New Mineralized Trend Discovered
19/09/2007(Olympic-rob)'s Partner In The Yukon Reports 1.12% Cu over 5.6 metres fro...
04/07/2007(Olympic-rob)Drilling Commences On Commander'S Olympic-Rob Cu-Au-U Proper...
05/06/2007(Hermitage)Reports Drill Results From Newly Discovered Uranium Minerali...
07/05/2007(Hermitage)Completion of Phase 1 Drill Program: Radiometric Zones Disco...
26/04/2007(Hermitage)Drilling on White Bear Confirms Bedrock Uranium Mineralizati...
09/04/2007(Hermitage)CMD's Hermitage Uranium Exploration Update
Communiqués de Presse de Commander Resources Ltd.
23/06/2016Commander Acquires Exploration Assets from Bearing Resources
09/06/2016Commander Elects Five Directors and Appoints Stephen Wetheru...
02/05/2016Commander Raises $1 million through Sale of Aston Bay Shares
07/04/2016Commander Amends Option Agreement with Maritime for Purchase...
08/10/2015Commander Announces Executive Appointment
01/10/2015Commander Resources Announces Executive Appointment
21/07/2015Commander Grants Incentive Stock Options
11/07/2015Commander Amends Option of Glenmorangie Property
09/07/2015Commander Appoints Robert Cameron to the Board
08/07/2015Commander Appoints Robert Cameron to the Board
02/03/2015Geophysical Survey Outlines Strong Conductors on South Voise...
15/08/2013Attains 100% Ownership of South Voisey's Bay Nickel Project
28/05/2013Reports Resource Estimate for 40% Owned Maritime Resources N...
06/05/2013Optionee on Storm Copper Property Completes Public Listing
17/10/2012Defines Drill Targets on its Glenmorangie Gold Property, Yuk...
11/10/2012Optionee Moving Forward on Public Listing
27/06/2012Commences 2012 Field Program
27/04/2012Reports Stump Lake Gold Drill Program Results
13/09/2011Extends Strike Length of Gold Showings at Stump Lake, BC
29/06/2011Commences Work on Storm Copper Property
21/06/2011Partner Expands High Grade Gold Zones at Orion
01/06/2011(Orion Gold)and Maritime Resources Corp.: Exploration and Development Al...
08/04/2011Plans 2011 Exploration Program
06/04/2011Appoints New Vice President of Exploration
29/07/2010Options New Brunswick Properties to Stratabound Minerals
19/11/2009Final Approvals For Anglogold Baffin Farm-In And JV
09/11/2009Samples Up to 442 G/T Gold from New Baffin Prospects
04/06/2009Receives Units of Fjordland as Settlement
02/03/2009Seeks Partner For The Orion Gold Deposit, Newfoundland
03/12/2008Cuts 91.06 G/T Gold Over 1.6 Metres In Channel Sampling On B...
13/11/2008and Bayswater Sell a Royalty on Cochrane Pond to Global Gold...
30/09/2008CMD - Update September 2008
05/09/2008Provides An Update On Exploration Activities
14/08/2008Commences Drill Program on High Priority Nickel Targets in L...
01/08/2008Photos and information available from the Storm Copper prope...
16/07/2008Identifies A Third Geophysical Anomaly In Labrador; Drill Co...
13/05/2008Commander Leverages Its Base Metal Rights On Baffin Island
12/05/2008Commander Reaches Agreement with Xstrata Nickel to Accelerat...
25/02/2008 Plans Geophysical Survey on Labrador Nickel Properties
08/02/2008Will Be Exhibiting at the 2008, North of 60 Resource Confere...
20/12/2007Corporate Update
16/10/2007BMK Communications
13/09/2007And Donner To Re-Activate The South Voisey's Bay Nickel Proj...
15/08/2007Message from the President and CEO
25/07/2007Is Set To Continue Exploration On The Hermitage Uranium Proj...
06/07/2007Global Gold Uranium Commences Airborne Survey On Cochrane Po...
Publication de commentaires terminée
 
Dernier commentaire publié pour cet article
Soyez le premier à donner votre avis
Ajouter votre commentaire
TSX-V (CMD.V)Other OTC (CMDRF)
0,075-6.25%0,000-99.99%
TSX-V
CA$ 0,075
06/02 11:21 -0,010
-6,25%
Cours préc. Ouverture
0,080 0,075
Bas haut
0,075 0,075
Année b/h Var. YTD
0,075 -  0,090 -6,25%
52 sem. b/h var. 52 sem.
0,075 -  0,175 -48,28%
Volume var. 1 mois
15 000 -6,25%
24hGold TrendPower© : 20
Produit
Développe Diamonds - Gold - Uranium
Recherche Copper - Gold - Silver - Uranium - Zinc
 
 
 
Analyse
Interactive chart Add to compare
Graphique
interactif
Imprimer Comparer Exporter
Dernière mise à jour le : 21/07/2010
Vous devez être connecté pour accéder au portefeuille (gratuit)
Top Newsreleases
LES PLUS LUS
Variation annuelle
DateVariationMaxiMini
2023-6,25%
2022-30,43%0,180,08
2021-37,84%0,320,11
2020164,29%0,190,05
20190,00%0,110,06
 
Graphique 5 ans
 
Graphique 3 mois
 
Graphique volume 3 mois
 
 
Nouvelles des Sociétés Minières
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
0,12 AU$-8,00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
7,05 AU$+0,57%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
2,20 AU$+0,00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
3,86 AU$+0,00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
0,12 CA$+4,55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
0,02 CA$+100,00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
6,24 US$-0,16%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
0,20 US$-12,28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
0,71 GBX+1,28%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
0,06 CA$-13,33%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
2,08 CA$-2,80%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
1,84 CA$+0,00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
9,47 CA$-2,47%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
0,24 CA$+20,00%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
0,35 AU$+0,00%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
6,80 US$-2,86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
2,05 CA$-1,44%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
60,14 US$-1,17%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
8,66 CA$-0,35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
0,03 AU$+27,27%Trend Power :