Commander Resources Ltd.
TSX VENTURE : CMD

Commander Resources Ltd.

October 02, 2007 07:30 ET

Commander Resources Ltd.: Baffin Project Update-New Mineralized Trend Discovered

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 2, 2007) - Commander Resources Ltd. (TSX VENTURE:CMD) 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:

- At Durette, drilling confirmed that a 1,300 metre long EM conductor coincides with a thick interval of highly altered silicate iron formation (SIF). Assays from four drill holes are awaited. The conductor is open along strike and more than 800 metres have not yet been tested by drilling.

- At the Peninsula prospect, two holes drilled two kilometres apart along a previously untested six kilometre portion of the property intersected a gold-bearing iron formation similar to the high grade gold zone at Ridge Lake. One of the holes intersected 3.59 g/t over 1.27 metres, including 8.16 g/t over 0.50 metres confirming the potential of this area.

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

----------------------------------------------------------------
Hole From To Width Grade
(m) (m) (m) (g/t Au)
----------------------------------------------------------------
Ridge Lake East
RLD-07-63 35.93 36.50 0.57 7.37
RLD-07-64 NSA
RLD-07-65 NSA
----------------------------------------------------------------
Peninsula
PEN-07-01 112.23 113.50 1.27 3.59
Includes 112.23 112.73 0.50 8.16
PEN-07-02 Base Metal Results Pending
----------------------------------------------------------------
Brent
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
Includes 39.00 39.50 0.50 2.54
Q2-07-08 NSA
----------------------------------------------------------------
Durette
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
----------------------------------------------------------------
NSA equals No Significant Gold Assays


Maps pertaining to this release can be found on the Company's website: http://www.commanderresources.com/s/NewsReleases.asp?ReportID=264082. 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

Shares Issued: 62,338,660

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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