Commander Resources Ltd.

Commander Resources Ltd.

July 11, 2007 13:28 ET

Geoinformatics Commences Drilling Program on Commander's Cu-Au Properties in B.C.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 11, 2007) - Commander Resources Ltd. (TSX VENTURE:CMD) reports that Geoinformatics Exploration Canada Limited (TSX VENTURE:GXL) has commenced its 2007 work program on Commander's wholly owned package of five (5) copper-gold porphyry properties located about 100 km south of the Kemess Copper-Gold mine in the Omineca Mining District, British Columbia. The program, to be funded and operated by GXL, is budgeted at about $1 million and will include approximately 3000 metres of drilling on at least two of the properties. This represents the first term of an option agreement between GXL and Commander with a minimum of $750,000 in committed expenditures by GXL in 2007.

Drilling has commenced on the PAL property to test induced polarization anomalies in an area with copper-gold soil and magnetic anomalies.

The Abe and Aten properties will also be tested by drilling during this program. Known copper-gold mineralization with magnetic and I.P anomalies on the properties are associated with Hogem Batholith intrusives and Takla volcanics. The properties are all located 10-17 kilometres from the Omineca Mining Road on which Kemess concentrates are trucked to market. Ground surveys, mapping and sampling will be completed on all prior to drilling.

Under the Agreement, GXL may earn an initial 60% interest from Commander by completing $4.5 million in exploration expenditures over 4 years and paying to Commander $300,000 in cash. Upon earning 60%, GXL will continue to sole-fund work on the property until GXL completes and delivers a positive pre-feasibility study to Commander and pays Commander $1,500,000, at which time GXL will have earned an 80% working interest in the Properties. A 1.75% to 2% NSR is provided depending on the mineral claim. There is a buy-down provision to 1% NSR for $3 million.

Details of the terms of the option agreement between the Commander and GXL can be found in Commander's news release dated February 7, 2007.

For details on each of the five claim groups included in the Properties, please follow the link


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 will be 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: 62,303,659

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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