May 30, 2008 Commander Commissions A 43-101 Technical Report On The Newly Acquired Storm Project
Commander Resources Ltd. (CMD-TSX Venture) reports that it has entered into a contract with Scott Wilson Roscoe Postle Associates Inc. (Scott Wilson RPA) to complete a National Instrument 43-101 Technical Report on the Company's recently acquired wholly owned Storm copper/zinc project, located on Somerset Island in Nunavut. The objective of the report is to qualify the historical work and assay data which was collected during the period 1997 thru 2000. In addition, it is planned that a current estimate of the mineral resources will be undertaken.
In conjunction with the technical report, the Company will be completing preliminary reviews regarding the potential deposit grade and tonnage requirements for that location. The project is well-located. The Seal zinc zone is situated on a deep water bay with access to shipping lanes and the centre of the copper mineralized system is located 20 kilometres inland from the bay over flat terrain.
As reported in the Company's news release dated April 8, 2008, Storm Copper includes four near surface, high grade centres of copper mineralization which occur within a seven (7) kilometre long mineralized structural corridor The copper zones include a number of historical drill intercepts as high as 5.09% Cu over 53.9 metres. The largest zone, measuring in excess of 1000 metres x 400 metres and containing high grade intercepts such as 3.5% Cu over 17.2 metres within 50 metres of surface, remains open in all directions. The other three zones described in the April 8 news release have potential as indicated by the following drill intercepts that include 2.92% Cu over 105 metres starting at surface including 5.09% Cu over 53.9 metres, 3.1% Cu over 58.4 metres including 4.54 % Cu / 35.5 metres and 9.56% Cu over 13.3 metres and 2.46% Cu over 26 metres starting at surface and including 3.76% Cu over 15 metres. The Seal Zinc zone, which is adjacent to tidewater includes historical drill intercepts up to 10.5% Zn and 28 g/t Ag over 18 metres of drill core.
Once the technical report and reviews are complete, an appropriate exploration program and business plan will be prepared to advance the project.
Details about the property were included in the Company's news release dated April 8, 2008 and can be found on the Company's website at www.commanderresources.com.
On behalf of the Board of Directors,
Kenneth E. Leigh
President & CEO
For further information, please call:
Investor Relations: BMK Communications
Toll Free: 1-866-782-6032
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.
You can view the Next News Releases item: Wed Jun 18, 2008, Commander Announces Private Placement Financing
You can view the Previous News Releases item: Thu May 22, 2008, Commander Discovers Significant Geophysical Anomalies And Outlines High Priority Drill Targets On The South Voisey'S Bay Nickel Project
You can return to the main News Releases page, or press the Back button on your browser.
