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Friday, May 30, 2008
Commander Commissions A 43-101 Technical Report On The Newly Acquired Storm Project
Commander Resources Ltd. (CMD-TSX Venture)
reports that it has entered into a contract with Scott Wilson Roscoe Postle Associates Inc. (Scott Wilson RPA) to complete a National Instrument 43-101 Technical Report on the Company's recently acquired wholly owned Storm copper/zinc project, located on Somerset Island in Nunavut. The objective of the report is to qualify the historical work and assay data which was collected during the period 1997 thru 2000. In addition, it is planned that a current estimate of the mineral resources will be undertaken.
In conjunction with the technical report, the Company will be completing preliminary reviews regarding the potential deposit grade and tonnage requirements for that location. The project is well-located. The Seal zinc zone is situated on a deep water bay with access to shipping lanes and the centre of the copper mineralized system is located 20 kilometres inland from the bay over flat terrain.
As reported in the Company's news release dated April 8, 2008, 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 other three zones described in the April 8 news release have potential as indicated by the following drill intercepts that include 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 and 2.46% Cu over 26 metres starting at surface and including 3.76% Cu over 15 metres. 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.
Once the technical report and reviews are complete, an appropriate exploration program and business plan will be prepared to advance the project.
Details about the property were included in the Company's news release dated April 8, 2008 and can be found on the Company's website at www.commanderresources.com.
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
Commander Resources Ltd.
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Dans les médias de Commander Resources Ltd.
30/03/2006
Corporate profile
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2008 Annual report
2007 Annual report
2006 Annual report
Financements de Commander Resources Ltd.
23/05/2011
Closes Tranche 2 of Financing
12/04/2011
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Signs $20 Million Farm-In Agreement and $1.2 Million Private...
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Communiqués de Presse de Commander Resources Ltd.
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Optionee Moving Forward on Public Listing
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Plans 2011 Exploration Program
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Appoints New Vice President of Exploration
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Invites you to the following Events in Vancouver:
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Provides An Update On Exploration Activities
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Commences Drill Program on High Priority Nickel Targets in L...
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Photos and information available from the Storm Copper prope...
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Global Gold Uranium Commences Airborne Survey On Cochrane Po...
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