Commander Resources Ltd.
TSX VENTURE : CMD

Commander Resources Ltd.

March 27, 2006 10:30 ET

Commander Identifies Source of High Grade Uranium Boulders in Newfoundland

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 27, 2006) - Commander Resources Ltd. (TSX VENTURE:CMD) announces that a target area was identified by geophysical and geochemical surveys on the White Bear portion of the large Hermitage Uranium Property, Newfoundland. The target may represent the source of the high grade uranium boulders on the Doucette Prospect, discovered in late 2005, that returned values ranging from 0.13% to 1.32% U3O8. This scattered cluster of boulders, considered to be close to source, occurs in a thin but extensive veneer of till with no visible outcrop.

The Hermitage Uranium Property covers more than 500 square kilometres, has not been drilled previously, is 30 kilometres from a sea port in a favourable mining jurisdiction, and has a paved highway and power line running through the centre. For comparative purposes, the average grade of world-wide operating uranium mines is about 0.15% U3O8. The opportunity on the Property is for a bulk tonnage near-surface resource with easy access to the world markets.

Based on the field results to date, the Company is currently planning the next program which will consist of an airborne radiometric and magnetic survey to cover the entire Hermitage Property. The survey will be designed to locate rocks containing uranium and also assist in mapping out the main geological units under the thin overburden cover. Results of this survey will be followed up with a field prospecting and mapping program. In the area of the Doucette and Blue Hills Main Showing where known uranium mineralization occurs, testing bedrock by either percussion drilling or selective stratigraphic diamond drilling is currently being considered.

A close spaced grid of magnetic surveying on the White Bear area covered both boulder fields at the Doucette and #3 uranium prospects, which are separated by about 500 metres. The northern and southern portions of the grid show a low level, flat response, while a central 300 metre wide belt shows a very active magnetic response. The active magnetic response covers a portion of the Doucette Prospect and extends for 300 metres further up ice. Magnetic signature in this area is consistent with the measured response of the uranium bearing rocks of the Doucette Showing and may represent the source rock of this uranium mineralization. Scattered uranium soil anomalies located within and down-ice from the magnetically active bedrock support this possibility. Anomalous soil values, ranging from 3 to 14 times background (background is 1 ppm uranium), are also found from the main boulder discovery area over at least 300 metre strike length. The uranium grades shown at Doucette and size potential of a sandstone hosted deposit make this an attractive source target area. A new Doucette Map detailing this data is offered on the Company's home page at www.commanderresources.com.

At the Blue Hills Main Showing, located at the western end of the Hermitage Property, five composite rock chip samples were collected from the eastern end of the bedrock exposed by backhoe approximately 3-6 metres from which previously reported channel samples ran 0.11% U3O8 over 1.5 metres, 0.18% U3O8 over 1.4 metres and 0.14% U3O8 over1.3 metres. Three of the samples collected contained values ranging from 0.10% U3O8 to 0.18% U3O8, consistent with the channel sample values and further demonstrating the bedding control and extent of the uranium-bearing rock units. These samples were collected just prior to the flooding of the deeper portion of the trench due to heavy rainfall. (See Trench Map on Company's website).

A soil anomaly of 3-5 times background extends for just over 100 metres to the east downhill from the Main Showing outcrop. To the south two strong soil anomalies with uranium values 3-13 times background extend east-west for 200 and 300 metres and one is open to the west. These soil anomalies parallel the strike direction of the host felsic volcanic rocks and may be sourced by the southern limb of the folded Main Zone. Trenching to 2 metres deep by a small backhoe failed to reach bedrock in these anomalous areas so the source remains to be located.

Samples were trucked to Eastern Analytical Laboratory in Springdale N.F. where soil samples were dried and sieved to -80 mesh. All rock and soil samples were sent to ACME Analytical Laboratory, Vancouver, B.C. Samples were analyzed using standard multiple element ICP methods.

Bernard Kahlert (P.Eng), V.P. Exploration is the Qualified Person under N.I. 43-101 supervising all aspects of the program.

ON BEHALF OF THE BOARD,

Kenneth Leigh

President & CEO

Shares Issued: 39,662,981

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