Investments





MAE.V

  • 4% Equity owner of Maritime Resources Corp.
  • Planning to re-open the past producing Hammerdown mine within 3 years
  • Commander holds 2% NSR, production planned in 2020
  • Prefeasibility study released March 2, 2017:
    IRR 46.8%, NPV (8%) after tax $44.2 M, 5 year mine life at 35,000 oz/yr
    P+P Reserves: Reserves 439,200T @ 12.7 g Au/t (179,400 oz) from
    M+I Resources: 925,670 T @ 10.6 g Au/t (315,00 oz) and
    Inferred resources: 1,557.000 @7.53 g Au/t (376,800) oz

BAY.V

  • 9% equity owner of Aston Bay Holdings
  • Exploring the Storm property for high-grade sediment hosted copper in Nunavut
  • Commander retains a 0.875% gross overriding royalty on the original Storm discovery
  • Historical holes including 110m @ 2.45% Cu
  • Current property expansion now encompasses 395,118 ha.

Investments & Royalties