Commander Resources Ltd.
TSX VENTURE : CMD

Commander Resources Ltd.

July 06, 2011 11:35 ET

Commander Mobilizes for 2011 Baffin Island Gold Program

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 6, 2011) - Commander Resources Ltd. (TSX VENTURE:CMD) reports that mobilization for the summer field program on their Baffin Island gold property is commencing. A budget of approximately $3 million has been allocated to carry out an extensive geophysical program at the Kanosak gold prospect along with early stage exploration on new claims that were acquired in 2009. The program will be operated by Commander and financed by AngloGold Ashanti under the terms of the $20 million farm-in Joint Venture Agreement as announced on September 3rd, 2009.

The 2011 exploration program will focus on the extensive, sediment hosted Kanosak gold prospect. The Kanosak gold prospect has been previously identified to cover a large area of about 4 km by at least 300 metres. It is characterized by two silicified strata, averaging 20 metres and 10 metres thick respectively, which carry gold mineralization associated with arsenopyrite. The area was first examined in 2010 with a drill campaign of 13 widely spaced shallow holes over a 2.5 km strike length. The drilling confirmed that a large gold bearing system is present over the entire strike length. The host strata dip gently to the east over a long distance, and can be traced to depth using a wide spaced IP array. In the 2011 field season an extensive IP survey, covering a nine square kilometre area and modelled in 3 dimensions, will be carried out in order to expand the prospect area and identify the best potential targets for follow-up drilling in upcoming years. The contract for this work has been awarded to Abitibi Geophysics, based out of Val-d'Or, Quebec.

In addition to the I.P. survey at Kanosak, prospectors and geological support provided by GeoVector Management Inc. of Ottawa, Ontario will continue a regional mapping and prospecting program on the 150 kilometre Greenstone Belt. New claims that were staked in 2009 will be explored this year for the first time since being acquired.

The 2011 field program will commence on 10th July and be completed around the first of September. To date the Baffin project has yielded numerous gold prospect areas occurring over a strike length in excess of 100 kilometres. The property includes high-grade gold values in at least three separate iron formation units, within shear zones and quartz veins in younger granodiorite, gabbro, and metasedimentary units. In each of the different settings, gold occurs primarily as free gold. The 2011 program, with the large IP survey and early stage exploration on new properties, is designed to generate a pipeline of targets at various stages of development for upcoming field seasons.

The 2011 exploration program is being supervised by Mr. Steve Potts, P. Geo, V.P. of Exploration for Commander Resources. Mr. Potts is a Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical content of this News Release.

On behalf of the Board of Directors,

Eric Norton, President & CEO

Shares Issued: 99,592,548

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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