| ||September 09, 2003|
High Grade Gold Zone-Baffin Island
| ||Vancouver, September 9, 2003, Commander Resources Ltd. reports assays from a further 200 samples have been received from the Malrok Gold Prospect. A 150 metre wide lake channel bisects the Malrok Gold Zone splitting it into the Malrok North and Malrok South Zones. |
Of the 200 samples reported 57 show values in excess of 1 gram per tonne (g/T) gold (Au) including 20 which exceed 5 g/T Au and 6 which range from 11 to 55 g/T Au. The location of 15 samples with values ranging from 2.5 to 9.8 g/T Au have not yet been received from the field.
Due to the numerous samples and remote location, accurate positions of most samples is not known however definitive statements can be made as follows. On the North Malrok Zone scattered chip and channel samples extending for 700 metres from the previously reported high-grade discovery range from 5.6 g/T Au to 36.2 g/T Au. The visible gold and the very high assays reported on August 27, 2003 all came from the Malrok North Zone.
On the South Malrok Zone six sample results run from 6.8 to 55 g/T Au confirming the original 2001 BHP Billiton discovery value of 45 g/T Au.
The samples were taken from both the Malrok iron formations and from areas outside the iron formation considered of merit by the prospectors.
Gold results reported above represent fire assays of one-half assay-ton pulverized samples. Assaying is being carried out by Eastern Analytical Laboratory of Springdale, Newfoundland. Due to the presence of coarse visible gold, these results are preliminary values which will be check assayed. All sample results exceeding 3 g/T Au are being re-assayed by the metallic method and all samples ranging from 1 to 3 g/T Au will be check assayed using one assay ton samples.
In addition to the above, preliminary geophysical results show that the iron formations hosting the gold mineralization can be detected with both the magnetic and electromagnetic methods. To date this work shows that the combined North and South Malrok Zones are well over one kilometre long in strike length. A geophysical report is awaited.
Bernard H. Kahlert, P.Eng, Vice President Exploration for Commander Resources Ltd. is supervising all aspects of the exploration program.
William J. Coulter
For more information, please contact:
Commander Resources Ltd.
1550-409 Granville Street
Vancouver, B.C. V6C 1T2
Tel. (604) 685-5254 Fax (604) 685-2814
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