Commander Resources acquires seven new claims in B.C.
2005-01-21 13:13 ET - News Release
Shares issued 30,757,590
CMD Close 2005-01-20 C$ 0.31
Mr. Kenneth Leigh reports
SIX NEW PORPHYRY CU-AU-MO PROPERTIES ACQUIRED IN BRITISH COLUMBIA
Commander Resources Ltd. has recently acquired a British Columbia mineral title to 265 claim units covering porphyry-style copper-gold and copper-molybdenum targets in north-central British Columbia. The target areas were developed from the company's extensive database of exploration work completed by Union Miniere Exploration in the 1970s and purchased by Commander Resources' predecessor company, Major General Resources Ltd. The claims were acquired through British Columbia's new on-line staking system launched on Jan. 12, 2005.
A total of seven claim groups covering over 4,700 hectares (11,600 acres) were acquired in the central Omineca mining district about 100 kilometres south of the Kemess gold-copper mine. The prospects are summarized below.
Commander's 140-unit ABE copper-gold property was extended by 56 units to cover a number of molybdenum occurrences in quartz monzonite as well as a large molybdenum soil anomaly. A recent rock chip sample collected in mid-2004 from one of the prospects assayed 0.25 per cent MoS2. Other molybdenite occurrences and stream/soil anomalies were covered by the new HAL and TUT4 claims of 24 units each.
Porphyry copper-gold prospects consisting of mineralized showings in strong soil anomalies were covered by the 24-unit Aten claims and the 48-unit Mate claims. Previous sampling on the Mate claims contained values up to 3.1 per cent Cu and 1.4 grams per tonne Au while rock samples collected from prior work on the Aten claims returned values up to 1.8 per cent Cu with 0.1 gram per tonne Au.
The new 70-unit TUT property covers the headwaters of three creeks containing historical copper-molybdenum silt anomalies as well as a small copper showing.
At Commander's PAL property, 25 units were added to the 80-unit property to cover possible extensions of strong induced polarization anomalies off the claims. The anomalies are associated with a large copper soil anomaly containing scattered gold values.
Commander now controls eight claim groups covering over 11,000 hectares in the highly prospective Quesnel porphyry belt of central British Columbia. Each property has porphyry-style copper-gold or copper molybdenum targets, some of which are drill ready.
The district is serviced by an extensive mining road; most of the company's claims are located two to 10 kilometres from this road or active logging roads.
Details of the properties with maps and target areas will be shown on the company's website in the near future.
To get more information, visit the company booth at the upcoming gold show and Cordilleran roundup in Vancouver from Jan. 23 to 27.
Bernard Kahlert, PGeo, is the qualified person under National Instrument 43-101 responsible for the contents of this news release. |
