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Commander Resources Ltd V.CMD

Alternate Symbol(s):  CMDRF

Commander Resources Ltd. is a Canadian-focused exploration company. It is in the business of acquisition and exploration of resource properties in Canada and Mexico. Its properties include First Loon, Sabin, October Dome, Henry Lee, Burn, Pedro, and South Voisey’s Bay, and others. The 8,892-hectare (ha) First Loon property in the Pickle Lake Gold Belt is located south and east of the main concentration of past producing mines that include the Pickle Crow, Central Patricia and Dona Lake mines. Its ownership interest on the Sabin base-precious metal property varies from 58.5% to 100%. The October Dome gold-copper property is located in central British Colombia (BC), near the town of Likely. The Company has a 100% interest in the Henry Lee copper project. Henry Lee property is located 140 kilometers (km) north of Smithers in north central British Columbia. Burn property is located about 65 km north of Smithers, BC. Its Pedro claims are located about 100 km from the city of Torreon.


TSXV:CMD - Post by User

Bullboard Posts
Post by gladwin3on Sep 15, 2003 2:30pm
284 Views
Post# 6418460

Drilling

DrillingFalconbridge Limited Quick Quote: T.FL 21.50 (-0.01) Commander Announces Drilling Starts On South Voisey Bay Project 9/15/03 Commander Resources Ltd. reports that diamond drilling under the direction of Falconbridge Limited, operator of the South Voisey Bay Project, has commenced. The initial phase of 1,200 metres of drilling will test three high-priority geophysical targets, located in an east-west-trending structure in an area predominated by northwest-southeast features. All three target areas are located on the north gabbro in the general area of the highest grades and nickel tenors intersected on the South Voisey Bay Project to date. Two of the three target areas are located on the Commander/Donner joint venture property and these will be tested by the first two holes. Falconbridge has an option to earn a 50 percent interest in the Commander/Donner Project by spending $4 million on exploration through the year 2006. Falconbridge has spent approximately $4.0 million to date on the entire South Voisey Bay Project, which includes four ownership blocks and has met the requirements up to the end of 2003 to maintain its option. Falconbridge has increased the 2003 budget by approximately $400,000 in order to carry out the drilling. Commander's interest in Sarah Lake Commander/Donner joint venture property is 48%. William J. Coulter President CONTACT: TEL: (604) 685-5254 William J. Coulter, President, Commander Resources Ltd. TOLL FREE: 1-800-667-7866 WEBSITE: www.commanderresources.com Email: info@commanderresources.com
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