 |
 - 100% CMD Owned Properties
-
 - JOINT VENTURE PROPERTIES
-
 - EQUITIES
-
| | |
November 2, 2012: Stratabound Reports Cu-Au-Ag Intersections on Optioned Property
September 10, 2012: Stratabound to drill CMD's Optioned Claims
July 29, 2010: Commander Options New Brunswick Properties to Stratabound Minerals
The Nepisiguit- Stewart property is in the prolific Bathurst Mining Camp. It was acquired in 1996 by optioning claims from Rio Algom Limited (Rio Option) and private claim owners (Stewart Option). Commander owns 100% subject to a 2.75% NSR on the Nepisiguit property and a 1% N.S.R. on the Stewart property. The Nepisiguit property NSR is subject to a buy-down provision for Commander of 1.75% NSR for $1.5 million that may be exercised at any time.
Three world class base metal mines occur within 15 kilometers of the property boundary. Adjacent to the southern propterty boundary is the C.N.E. deposit hosting 424.570 tonnes of 2.04% Pb, 5.66% Zn and 69.3 g/t Ag.
Mine production to 1994 was as follows:
- Brunswick #12 82 million tons grading 12% combined lead zinc
- Brunswick #6 12.2 million tons grading 7.5% combined lead zinc
- Heath Steele 19.6 million tons grading 7.5% comined lead zinc
click to view enlarged |
FAVOURABLE GEOLOGY: Underlying the Nepisiguit-Stewart property is more than 50 kilometres of the same stratigraphy which hosts both the Brunswick and Heath Steele deposits
Drilling has encountered significant base metal mineralization over mineable widths. Interpretation and drill target selection is complicated by the intense structural deformation characteristic of the Brunswick Camp. This deformation plays an integral role in localizing and improving both grade and tonnage of massive sulfide deposits.
click to view enlarged |
Total drilling by Commander on the Rio Option totals 5251 metres in 11 holes and 4773 metres on the Stewart in 14 holes. Down-hole EM surveying was utilized in an attempt to trace sulphide mineralization. The JS Copper Zone was discovered during the 1997 program.
Best Drill Intersections:
- 1.44% Zn 0.07% Pb 8.57 g/t Ag over 15.5 m (Hole 97-23 Rio Option)
- 1.47% Cu 0.2 g/t Au over 27.2 m (Stewart)
- 1.04% Cu 0.2 g/t Au 10 g/t Ag over 25.5 m
Including 1.83% Cu over 4.8 m and 2.28% Cu over 4.4 m (Stewart)
|
Geophysical surveying has identified more than 5 kilometres of anomalous features requiring drill testing. These anomalies are up to 600 metres wide.
click to view enlarged |
On the Stewart, the 4.4 metre higher grade intersection in hole 97-08 occurred within an extensive, highly altered stringer-vent zone.
Heavily disseminated to semi-massive sulphides were found to the west on the Rio Option. This occurrence is believed to represent a more distal fringe zone to a possible larger accumulation of massive sulphides. This potential fringe zone has been intersected in four drill holes spaced along a 1.8 kilometre strike length. The 15.5 metre intercept of hole 97-23 is from within this zone.
|
