Commander Resources Ltd.

Commander Resources Ltd.

September 10, 2007 17:02 ET

Commander Resources Ltd.: Global Gold Uranium Completes Cochrane Pond Airborne Survey and Starts Prospecting on 150 Anomalies

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 10, 2007) - Commander Resources Ltd. (TSX VENTURE:CMD) and Bayswater Uranium Ltd. (TSX VENTURE:BAY) have been informed by Global Gold Uranium LLC. (GGU) that is has completed the airborne survey of the Cochrane Pond Uranium J.V. claims. The survey by GGU, consisting of a combined radiometric and magnetic system, was flown over 6396 line kilometres during the summer. Approximately 150 radiometric anomalies were identified from the extensive data.

GGU has retained a 4-member prospecting team which is enroute to the project area at this time. The team, to be based at the nearby port of Burgeo, will be supported by a contract helicopter based there and will start prospecting in the next few days.

The Cochrane Pond Property currently consists of 14 mineral licenses covering 61,000 hectares. It adjoins the companies' extensive Hermitage Uranium property located near the south coast of western Newfoundland.

Under an agreement reported on April 13, 2007, Global Gold Uranium may earn an initial 51% interest in the property over a four year period by making total cash payments to the Companies of US$700,000, issuing 350,000 shares of Global Gold and completing exploration expenditures of $3.5 million. The first years committed work expenditure is $500,000. Global Gold Uranium has the option to increase its interest to 60% by either completing the next $2 million in exploration or by funding and delivering to the Companies a feasibility study on the property or the interests will flip such that the Companies will hold 51% and Global Gold Uranium 49% in and to the Property.

Prospecting on the Hermitage property by Commander Resources Ltd. and others has resulted in the discovery of over 25 uranium showings with prospecting samples up to 3% U3O8.


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 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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