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    COMMANDER RES: Gold und Uran - 500 Beiträge pro Seite

    eröffnet am 30.01.07 13:15:06 von
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    ISIN: CA2005023007 · WKN: A2DUZN · Symbol: CMD
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     Ja Nein
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      schrieb am 30.01.07 13:15:06
      Beitrag Nr. 1 ()
      http://www.commanderresources.com/s/Home.asp

      January 15, 2007
      Drilling To Resume At Hermitage Uranium Project, Newfoundland
      Commander Resources Ltd. (CMD-TSX Venture) announces that drilling of the Hermitage Uranium property in Newfoundland will recommence this week. The objective of this initial drill program is to get a preliminary look at five priority target areas and assess the geological and structural styles of uranium mineralization on the largely overburden-covered property. Results from all five areas will be evaluated to prioritize a follow-up drilling this year.

      In late 2006, eight core holes totaling 960 metres of drilling were completed on the ST-129 and Troy's Pond prospects, two of five target areas to be tested as part of an initial 3000 metre program. All eight holes drilled to date intersected anomalous radiometric zones. Radiometric core intervals were split and sent for assay just prior to the Christmas break. Results are expected shortly.

      Drilling will now resume with initial tests on the Blue Hills Main Showing, Doucette and He2 prospects areas. Please refer to the Company's website at www.commanderresources.com for details on the uranium prospect areas.

      To lower helicopter costs and lessen the down time due to fog and snow, the drill rig is being converted to skid mounted and will be moved by skidder for the remainder of the program. The drill is presently being moved to the Blue Hills area; the move and this conversion will take several days to complete, but the expected startup date is January 18th or 19th.

      The first target at Blue Hills will be the Main Zone where a small outcrop in the glacial till cover returned significant uranium values. Saw cut channel samples returned intervals grading up to 0.18% U3O8 over 1.4 metres while prospecting samples assayed up to 2% U3O8. Uranium mineralization is hosted by a felsic volcanic horizon which was highly brecciated and altered by silica and potassium flooding. Petrographic work by British Energy Group CGEB in the early 1980's identified uraninite as the main mineral and characterized the zone as stratabound in nature.

      At Blue Hills, the hosting felsic volcanic dips steeply to the north and appears to be the north limb of a tightly folded, west plunging anticline. Interpretation of ground geophysical, geochemical and radiometric work indicates that the southern limb of the anticline is located 300-400 metres south of the Main Zone; maps showing this area are located on the company's website at http://www.commanderresources.com/s/BlueHills.asp. In this area a boulder assayed 1.14% U3O8 and anomalous uranium soil samples and radon gas alpha-cup results have indicated a target which will also be drill tested at this time.

      Details on the Doucette and He2 drill targets will be reported when the drill is moved to the White Bear area later in the winter.

      A new camp for the drilling is being constructed at this time and all servicing will be by snowmobiles. The site is located 15 kilometres west of the paved Burgeo Highway and is readily accessible over the gently rolling, treeless topography.

      About Commander Resources Ltd.
      Commander Resources Ltd. is a Canadian junior exploration company with control 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 & CEO

      ---------------------------




      Commander Resources Ltd. (TSX-V: CMD) is a Canadian junior exploration company focused primarily on gold and base metal exploration in Canada. The Company controls one of the largest new gold districts in Canada and a new uranium belt in Newfoundland.

      BAFFIN ISLAND GOLD PROJECT
      #
      Baffin Island, Nunavut - 140 km long belt with 16 gold prospect areas discovered
      #
      Multi-million ounce potential on a large district scale iron formation trend
      HERMITAGE URANIUM PROJECT, NEWFOUNDLAND
      #
      Numerous uranium occurrences in outcrop & boulders containing up to 3.1% U3O8
      #
      Opportunity for near surface bulk tonnage resource - a developing new uranium district
      #
      No previous drilling
      #
      Well-located with a paved highway, power-line and port town close by

      The Company holds other drill-ready gold and base metal properties across Canada which will be advanced and funded strategically either by the company or through quality leveraged partnerships providing maximum exposure to new discoveries.
      Avatar
      schrieb am 02.02.07 21:33:17
      Beitrag Nr. 2 ()
      SEHR schlechte Ergebnisse bei Commander:

      "Commander Reports Initial Drill Results From Hermitage Project
      Friday February 2, 8:00 am ET

      VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Feb. 2, 2007) - Commander Resources Ltd. (TSX VENTURE:CMD - News) reports results from eight core holes totaling 960 metres, completed in late 2006 on the Hermitage Uranium Project, Newfoundland, five on the ST-129 prospect and three on the Troy's Pond prospect. These are the first two targets ever drilled on the large property and are part of an on-going 3,000 metre, five-target drill program that has re-commenced on the Blue Hills, Doucette and HE-2 prospect areas as announced on January 15, 2007. The location and description of each target area can be found on the Company's website at www.commanderresources.com.

      ADVERTISEMENT
      At Troy's Pond, hole SP-06-06, drilled to test outcropping uranium mineralization, intersected 0.045 percent U3O8 or 1.0 pound per tonne U3O8 over 4.3 metres between 42.5 to 46.8 metres including 0.065 percent U3O8 or 1.4 pounds per tonne over 1.8 metres between 42.5 and 44.3 metres and 0.14 percent U3O8 over 0.3 metres. This mineralization occurs within a 15.5 metre wide drill interval containing 0.021 percent U3O8 from 39.5 to 55.0 metres at a vertical depth of about 40 metres below the surface mineralization. Several other anomalous zones carrying from 100 ppm to 150 ppm U3O8 over 0.5 to 1.5 metres were encountered to the bottom of the hole which was lost at 104 metres.

      The property is 10-30 kilometres from a sea port and has a paved highway and power line running through it. There is an excellent mining culture in the province and a good local labour pool. These conditions provide the opportunity for lower capital and operating costs and an accelerated production decision. The current uranium price is US$75/pound.

      The primary objective of the initial 3,000 metre program is to define the key stratigraphic and structural setting of the main uranium occurrence areas and prioritize for follow-up drilling. Since this is the first-ever drill test on the property, the strategy is to drill several targets to generate more focused follow-up with a subsequent program. A total of 24 uranium occurrence areas are known which represent a pipeline of targets for testing in 2007.

      A second hole on the Troy's Pond prospect, drilled towards hole SP-06-06 and designed to test another bedrock target, intersected anomalous uranium mineralization between 103.0 and 112.5 metres ranging from 65 ppm U3O8 to 275 ppm U3O8. The hole was terminated at 184 metres due to drilling problems. The hole does not appear to have reached the zone intersected in hole 06. A third hole was drilled 50 metres along apparent strike, west of hole SP-06-06 to a depth of 150 metres. This hole encountered anomalous zones ranging from 50 ppm to 140 ppm U3O8 over one to three metres.

      The geology of Troy's Pond consists of steeply-dipping biotite-rich metasediments or metavolcanics containing stratabound uranium mineralization. The stronger uranium mineralization is associated with 5 to 10% disseminated pyrite which can be detected using geophysical techniques. This will allow us to detect the stronger uranium mineralization under the extensive overburden cover to guide a follow-up drill program.

      On the ST-129 target, about one kilometre east from Troy's Pond, five shallow holes were drilled. The best value recovered was a 0.5 metre grading 0.084% U3O8 from 10.0 to 10.5 metres in drill hole 06-01. Several other uranium values from holes 06-01, 06-02 and 06-05 ran 0.053% over 0.3 metres, 0.03% U3O8 over 0.5 metres and 0.023% U3O8 over 0.8 metres. These intervals occurred within wider zones of anomalous uranium mineralization.

      Geological setting of ST-129 uranium mineralization is complex and includes moderately to strongly silicified metasediments or volcanics with clay alteration in irregular zones which occur across several stratigraphic units. Several kilometres of prospective stratigraphy including both Troy's Pond and ST-129 will be further evaluated for a follow-up drill program, especially where folds and other stratigraphic or structural traps for uranium-bearing fluids are interpreted.

      All holes were inclined at minus 50 degrees. Core recovery was 95% and true widths are estimated at 70% of drilled widths. Samples were sent to ACME Analytical Laboratory, Vancouver, BC where they were analyzed using 1DX Multiple Element ICP methods. Values greater than 0.24% U3O8 are assayed by methods 7TD using 4-acid digestion with ICP-ES analysis. All uranium values expressed in U3O8 are calculated from uranium analyses received from ACME Analytical Services and reported in ppm U. Select samples will be sent to SRC in Saskatoon for check assay.

      Maps showing drill locations and surface geology will be posted to the Company's website (www.commanderresources.com) when available.

      Senior Project Geologist, Larry Pilgrim, P.Geo, is supervising the drill program. Bernard Kahlert, P.Eng, is the Company's Qualified Person under N.I. 43-101 for the Hermitage Project.

      On Behalf of the Board of Directors,

      Bernard Kahlert, V.P. Exploration


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