Commander Resources Ltd.
TSX VENTURE : CMD

Commander Resources Ltd.

October 11, 2006 08:00 ET

Commander Resources Ltd.: Ridge Lake Drilling Returns 15.96 g/t Gold Over 2.80 Metres

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 11, 2006) - Commander Resources Ltd. (TSX VENTURE:CMD) is pleased to report partial drill results from the Ridge Lake prospect, Baffin Island Nunavut. Results for eleven holes from the central zone of the Ridge Lake prospect area are reported here, eight of which intersected gold mineralization. The drilling to date defines a semi-continuous sheet of gold mineralization containing higher grade plunging shoots, typical of the iron formation class of gold deposits.

Results for seven holes from Ridge Lake and four holes from the new Brent Showing shear zone are awaited.

The Ridge Lake results are highlighted by drill holes 06-50 which intersected 10.17 g/t gold over 4.45 metres including 15.96 g/t gold over 2.80 metres at a depth of 105 metres and hole 06-55 which intersected 8.79 g/t gold over 1.80 metres in the same iron formation at a depth of 106 metres.

These new intercepts occur along a southwest-plunging structural trend from previously reported hole 05-35 which intersected 21.24 g/t gold over 4.24 metres at a depth of 89 metres. The three holes define a high-grade shoot of unknown width that extends over a plunge length of at least 100 metres and is open both up-plunge to the northeast and down-plunge to the southwest within the eastern portion of the mineralized zone outlined by the 2005 drilling. High grade iron formation-hosted shoots of this nature are often of a short strike length but have a substantial down-plunge extent.

This high-grade shoot is within a south-dipping sheet of lower grade mineralization that extends to surface where previously reported channel sampling identified local high grade gold values including 15.4 g/t gold over 1.9 metres. A similar southwest-plunging structure is seen in the drill data for the western portion of the Ridge Lake central zone where holes 06-53 and 06-54 contribute to existing drill intercepts to define part of a lower grade sheet in an area where several previously reported holes trace a higher-grade shoot with approximately the same southwest orientation.

While only about a one kilometre extent of the entire Ridge Lake prospect has been drilled, the results and the identification of a predominant plunge direction to high grade shoots will help to focus follow-up drilling in the central zone and guide future targeting on similar trends along the Ridge Lake prospect and other prospects on the large property.

Several proposed holes to the east and west of the central mineralized zone on Ridge Lake and the eastern end of the prospect trend were not completed because of early season drilling delays and the decision to move the drill onto the newly discovered Brent Showing prior to the suspension of this years drilling program.

A drill hole location map for Ridge Lake can be found on the Company's website. A table of all Ridge Lake drill results to date will be posted shortly and more detailed plans and sections will be made available once the remaining data has been received and interpreted.

GeoVector Management Inc. of Ottawa is managing the field program this year. Alan Sexton, MSc, P.Geol. is the Project Manager and the Qualified Person under 43-101 supervising the technical aspects of the program.

All assaying of drill core is completed by TSL Laboratories Ltd. based in Saskatoon, Saskatchewan. Drill core analysis is performed on saw cut, half NQ core with standard fire assay procedures and a gravimetric finish (1 assay ton). A QA/QC program involves the insertion by Commander of at least one of each external standard (low to high grade Au), and one blank per short drill hole, typically within an iron formation interval. TSL completes its own internal QA/QC program by inserting a standard, and several pulp duplicates in every batch of 20 analyses. The QA/QC procedures and results are monitored through the duration of the program.



Ridge Lake Prospect Table of Partial 2006 Drill Results
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Hole From (m) To (m) Width (m) Gold (g/t)
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RLD-06-45 No significant assays
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RLD-06-46 48.05 48.57 0.52 0.82
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RLD-06-47 52.38 53.83 1.45 1.54
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RLD-06-48 38.38 40.53 2.15 3.97
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Including 38.38 40.00 1.62 5.09
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RLD-06-49 No significant assays
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RLD-06-50 105.2 109.65 4.45 10.17
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Including 105.20 108.00 2.80 15.96
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RLD-06-51 No significant assays
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RLD-06-52 85.28 88.59 3.31 3.15
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Including 86.05 87.59 1.54 6.53
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RLD-06-53 28.70 29.55 0.85 4.29
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RLD-06-53 92.50 93.34 0.84 4.46
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RLD-06-54 115.79 117.34 1.55 2.60
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RLD-06-55 106.53 108.33 1.80 8.79
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Including 106.53 107.43 0.90 17.11
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- Drilled widths are 90-95percent of true width


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. Commander's underlying mission is to generate or acquire quality opportunities and add significant shareholder value through discovery of mineral deposits, leveraged partnerships, and/or sale of assets.

On Behalf of the Board of Directors,

Kenneth E. Leigh, President

Shares Issued: 55,839,257

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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