Mt. Polley, Cu-Au

VANCOUVER, BC - Commander is pleased to announce that it has granted Imperial Metals Corporation an option to earn a 100% interest in seven mineral claims adjacent to the north and east boundaries of Imperial’s Mount Polley Mine located in central BC.

Highlights:

  • Option encompasses 3,331 ha, all 100% owned by Commander except 648 ha 90% owned by Commander and 10% by an arm’s length private company;
  • Total consideration for the option is $250,000 staged over three payments, 90% due to Commander and 10% due to the arm’s length private company;
  • A Production Royalty of $1.25 per tonne-milled royalty will be due to the Optionors.

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The Mt. Polley Property was acquired from Bearing Resources in 2016. 90% - 100% owned by Commander.

The Mt. Polley properties are located adjacent to Imperial’s Mt. Polley open-pit copper gold mine, which is approximately 100 km northeast of Williams Lake, BC. The claims are subject to a NSR of up to 2%.

Commander recently completed a program of re-sampling of historical core. Results are pending.