Commander Stakes Extension to its South Voisey's Bay Nickel Property
VANCOUVER, BC - Commander Resources Ltd. (CMD-TSX.V, "Commander") announces that it has staked 460 claim units, totaling 115 square kilometres, at its South Voisey's Bay nickel property in central Labrador. The Company's property now comprises 713 claim units, or close to 178 square kilometres.
The South Voisey's Bay property is located approximately 80 km due south of the operating Voisey's Bay nickel mine. The new claims have been staked to cover the remaining Pants Lake gabbro complex in the South Voisey's Bay area prior to commencement of a planned geophysical survey in the area. The Pants Lake Complex contains host rocks with alteration and mineralization styles that are similar to the Voisey's Bay hosts. Extensive work in the area was conducted in the late 1990's, and recently Commander has consolidated several of the more promising properties into one contiguous parcel with clean title.
Work Permits are in place and geophysical survey crews are anticipated to start work on the newly acquired property in October. The Company is also pleased to report that it has received a grant under the Junior Exploration Assistance program from the Government of Newfoundland and Labrador in support of this work.
About Commander Resources:
Commander Resources is a Canadian focused exploration company that has leveraged its success in exploration through partnerships and sale of properties, while retaining equity and royalty interests. Commander has a portfolio of base and precious metal projects across Canada and significant equity positions in Maritime Resources Corp. (MAE-TSX.V) and Aston Bay Holdings (BAY-TSX.V). Commander also retains royalties from properties that have been partnered, optioned or sold.
Bernard H. Kahlert P.Eng., a Director of Commander, is a Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical disclosure of this news release.
On behalf of the Board of Directors,
Eric W. Norton
President & CEO
For further information, please call:
Eric Norton, President and CEO
Toll Free: 1-800-667-7866
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. Statements in this press release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.