Drilling to Commence on Commander Property in New Brunswick
VANCOUVER, BC - Commander Resources Ltd. (CMD-TSX.V, "Commander") announces that its option partner, Stratabound Minerals Corp (SB-TSX.V, Stratabound), will undertake a drilling program on Commander's Nepisiguit property in the fourth quarter of 2014. This 49 - claim property, in which Stratabound can earn up to a 65% interest, is located in the core of the Bathurst Mining District which has historically produced close to 200 million tons of zinc- lead- silver ore, and lesser copper-gold ore, at several mines. Current plans call for a total of 1,500 to 2,000 metres of drilling on the Commander claims.
Stratabound's primary objective of the 2014 program on the optioned Commander claims is to explore for large massive sulphide deposits within target areas exhibiting spatially coincident geological, geophysical, geochemical, and mineralogical features that are characteristic of such deposits. These targets are described in some detail in Stratabound's news release dated May 21, 2014, and among others include (1) an exceptionally large and strong gravity high (Target Area A); and (2) a two- kilometre long, (zinc-lead ) sulphide bearing iron formation along the contact between the Nepisiguit Falls Formation and Flat Landing Brook Formation (Target Area B), which is the favourable horizon for the Brunswick No. 12 mine and other major producers in the Bathurst Mining Camp.
An initial trench over the gravity high (Target A) has recently confirmed the presence of strong chloritic alteration in quartz augen schist of the Nepisiguit Falls Formation, the rock type that is commonly in contact with massive sulphides in the Bathurst Mining Camp, enhancing the possibility that the gravity high may be caused by volcanogenic massive sulphide mineralization. Sulphide stringers carrying pyrrhotite and chalcopyrite have been noted in the rocks exposed in this trench. Rock channel samples have been taken, as well as basal till and 'B' horizon soil samples overlying the rock exposure within the trench. These samples have been submitted for geochemical analysis.
A 600-700 metre hole will be drilled to test the gravity high and associated sulphide stringer zone. Site preparation for the drill hole is nearing completion.
Target B, a zinc-lead-silver formation, will be tested by trenching and/or drilling after soil sampling has been completed north of the CNE Mine. Site preparation has been completed for a trenching program, and trenching will commence early in September.
Road access to all 2014 exploration areas is nearing completion.
Bernard H. Kahlert P.Eng., a Director of Commander, is the Qualifed 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.