Commander Resources Ltd.
TSX VENTURE : CMD

Commander Resources Ltd.

September 24, 2009 09:00 ET

Commander Discovers New Gold Showings on the Baffin Gold Project, Nunavut

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 24, 2009) - Commander Resources Ltd. (TSX VENTURE:CMD) recently completed a four week surface exploration program on its Baffin Island Gold Project, Nunavut. The work increased the scope of known gold occurrences and resulted in the discovery of new areas of gold mineralization. Assay and geochemical results are awaited for all the samples collected this season. Complete detailed geological information, geophysical results and interpretations will be provided once all results have been received and interpreted.

Detailed geological mapping, channel sampling, prospecting and geophysics were carried out on the 1,500 metre long Hebert Prospect, where high gold grades (e.g. 91.06 grams per tonne gold over 1.6 metres) were discovered last season in quartz veins and altered metasedimentary rocks (see NR dated December 03, 2008). The main objectives of the 2009 program were to prospect and discover new gold occurrences and to follow-up, expand and acquire definitive data over the Hebert Prospect area in preparation for a major drill campaign as part of an aggressive exploration program on the Baffin property starting early next year.

In addition to infill sampling on the main Hebert Prospect, highlights of the 2009 field work include:

  • Discovery of a new gold showing, named "Traciane" 1.5 kilometres northeast of the Hebert Prospect within the same structural and geological setting as Hebert. The Traciane showing consists of six gold-bearing quartz- arsenopyrite veins in an outcrop area 100 metres long and 50 metres wide that is locally obscured by overburden. Individual gold-bearing veins in the exposed outcrop range from 0.35 to 0.75 metres wide.
  • An Induced Polarization (IP) survey over the central portion of the main Hebert Prospect outlined a 300 metre by 350 metre chargeability anomaly coincident with outcropping gold mineralization and which remains open along strike.
  • Prospecting added an additional 350 metres of southwest strike to the 1.5 kilometre long Hebert Prospect vein system.
  • Discovery of two extensive areas of widespread arsenopyrite mineralization associated with quartz veining in sedimentary rocks similar to those at the Hebert Prospect. One is 3.5 kilometres southeast of Hebert and the other 2 kilometres to the east of Hebert.
  • Discovery of bedding parallel gold-bearing quartz veins and 0.5 to 1.0 metre thick, bedding parallel zones of disseminated to semi massive arsenopyrite within the sedimentary rocks. The bedding parallel veins are distinct from the vertical veins previously reported at Hebert and could substantially increase the potential thickness of the gold bearing structures in the Hebert Prospect.
  • Staking of an additional 34,500 hectares of mineral claims, bringing the Baffin Island Gold Property to over 780 square kilometres in size.
  • Mobilization of fuel and supplies for the 2010 field program.

Ken Leigh, President & CEO of Commander, stated, "I continue to be impressed and excited by the extent of the gold system on our Baffin Project. Prospecting and mapping continues to increase the number of gold occurrences on this district scale project and adds to the high quality pipeline of drill-ready targets."

The main Hebert Prospect area, measuring about 800 metres x 400 metres was mapped and sampled in detail and broader property-scale mapping was completed over a larger three x four kilometre area. More than 200 channel samples and 200 rock chip samples were collected from bedrock in areas of exposed arsenopyrite mineralization and quartz veining. 450 Soil samples were taken over prospective targets to the east and southeast of the Hebert Prospect. 67 till samples were collected at one kilometre spacing in a large block of Bravo Formation, which lies 40 kilometres west of Hebert and has not been previously sampled. In addition a 12 square kilometre area corresponding to an area of gold-in till anomalies within the Hebert area was prospected thoroughly. All samples have been submitted for assay and geochemical processing.

See a new map showing Hebert and other prospects on the Company's website at www.commanderresources.com.

In addition to the 8.3 line kilometers of IP survey, 242 line kilometres of ground magnetic and 63 kilometres of Beep Mat (Electromagnetic) surveys were completed over the main Hebert Prospect and other areas to assist in mapping and defining key structures controlling emplacement of gold mineralization.

The Hebert Prospect area is one of numerous gold prospects and zones on the large Baffin Island Property. The property covers an entire greenstone belt over a strike length of 140 kilometres. High-grade gold values occur in at least three separate iron formation units and within shear zones and quartz veins in younger granodiorite, gabbro, and sedimentary units. In each of the different settings, gold occurs primarily as free gold, disseminated, within quartz veins and associated with arsenopyrite. The most advanced prospects outlined by previous drilling are Malrok, Ridge Lake, and Durette. The Hebert Prospect area represents a potentially significant target type on the property. Details can be found on the Company's website.

Commander recently entered into a Farm-in JV Agreement with AngloGold Ashanti Holdings Plc pertaining to the Baffin Island Gold Project, details of which can be found in a news release dated September 3, 2009. Under the agreement, AngloGold may earn an initial 51% interest in the Baffin Project by funding $20 million in exploration over six years.

GeoVector Management Inc. of Ottawa managed the field program this year. Alan Sexton, MSc, P.Geol. is the Project Manager and the Qualified Person under NI 43-101 supervised the technical aspects of the 2009 field program and is responsible for the contents of this news release.

On Behalf of the Board of Directors,

Bernard H. Kahlert, VP Exploration

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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