Commander Resources Ltd V.CMD

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Commander Resources Ltd.: Drilling Confirms Potential of Brent Shear Zone 11/6/2006 VANCOUVER, BRITISH COLUMBIA, Nov 6, 2006 (CCNMatthews via COMTEX News Network) -- Commander Resources Ltd. (TSX VENTURE:CMD) reports the final drill results from the 4,500 metre drilling program on its Baffin Island gold project, Nunavut which included two holes drilled as an initial test of the newly-discovered 1,400 metre long Brent shear zone. The two preliminary test holes on Brent (Q2-06-01 and Q2-06-02) were drilled 100 metres apart on the 1,400 metre long shear zone. Both holes intersected gold mineralization in the shear zone at about 45 metres vertical depth beneath surface exposures that carried higher grade gold values. The best result was 6.14 g/t gold over 1.0 metre contained in a broader lower grade zone in hole Q2-06-02. The remainder of the 1,400 metre long structure and a second mineralized shear zone located to the northeast of the Brent shear have not yet been drilled. At Ridge Lake, the final seven holes of this year's program demonstrate the continuity of the lower grade sheet of gold mineralization across the central zone within which are several known higher grade plunging shoots that remain open in the plunge direction. The pattern of drill results is similar to other known iron formation hosted gold camps where broader low grade areas are carried by high-grade shoots. Hole RLD-06-62 drilled as a 150 metre step-out to the southwest of hole RLD-05-44 (15.13 g/t gold over 1.67 metres) intersected 2.02 g/t gold over 2.09 metres indicating that the system is open to the west, southwest and south in that area. As explained in the Company's news release dated October 11, 2006, several proposed holes to the east and west of the central mineralized zone on Ridge Lake and the eastern end of the prospect trend were not completed as planned. These areas require additional drilling as part of a follow-up program. The Malrok Zone, located 30 kilometres west from Ridge Lake, included intercepts from drilling in 2004 such as 9.15 g/t gold over 6.0 metres, 15.12 g/t gold over 3.0 metres, 12.1 g/t gold over 3.3 metres and 4.46 g/t gold over 9.14 metres within 50 metres of surface that are open and require follow-up drilling. The information gained from the Ridge Lake drilling may provide valuable guidance for further drilling on this target, as part of the next phase drill program. A drill hole location map for Ridge Lake and Brent drill holes can be found on the Company's website. A complete table of all drill results for Ridge Lake is included in this report. Updated plans and sections will be posted to the website when available. Once all of the 2006 data and results have been interpreted with the existing project data, plans for 2007 will be reported. GeoVector Management Inc. of Ottawa managed the field program this year. Alan Sexton, MSc, P.Geol. was the Project Manager and the Qualified Person under 43-101 supervising the technical aspects of the program. All assaying of drill core is completed by TSL Laboratories Ltd. based in Saskatoon, Saskatchewan. Drill core analysis is performed on saw cut, half NQ core with standard fire assay procedures and a gravimetric finish (1 assay ton). A QA/QC program involves the insertion by Commander of at least one of each external standard (low to high grade Au), and one blank per short drill hole, typically within an iron formation interval. TSL completes its own internal QA/QC program by inserting a standard, and several pulp duplicates in every batch of 20 analyses. The QA/QC procedures and results are monitored through the duration of the program. 2006 Ridge Lake Drill Results Table Depth FROM TO WIDTH Gold Hole metres Azimuth Inclination metres metres metres g/t RLD-06-45 176 0 -75 NSA RLD-06-46 128 0 -50 48.05 48.57 0.52 0.82 RLD-06-47 152 0 -70 52.38 53.83 1.45 1.54 RLD-06-48 107 0 -50 38.38 40.53 2.15 3.97 including 38.38 40.00 1.62 5.09 RLD-06-49 68 0 -75 RLD-06-50 125 0 -75 105.2 109.65 4.45 10.17 including 105.2 108 2.80 15.96 RLD-06-51 203 0 -75 NSA RLD-06-52 132 0 -55 85.28 88.59 3.31 3.15 including 86.05 87.59 1.54 6.53 RLD-06-53 173 0 -75 28.7 29.55 0.85 4.29 and 92.5 93.34 0.84 4.46 RLD-06-54 161 0 -70 115.79 117.34 1.55 2.6 including 116.56 117.34 0.78 4.22 and 119.34 120.24 0.90 2.37 RLD-06-55 146 0 -70 106.53 108.33 1.80 8.79 including 106.53 107.43 0.90 17.11 RLD-06-56 94 0 -88 LOST RLD-06-57 152 0 -82 109.53 113.81 4.28 1.82 including 111.67 113.81 2.14 2.74 RLD-06-58 200 0 -70 NSA RLD-06-59 152 0 -71 NSA RLD-06-60 150 0 -45 40.94 41.96 1.02 2.19 RLD-06-61 200 0 -70 41.56 42.14 0.58 5.34 RLD-06-62 212 0 -76 202.69 206.67 3.98 1.21 including 203.74 205.83 2.09 2.02 Brent Showing Q2-06-01 113 0 -55 44.5 48.5 4.00 0.93 including 46.5 48.5 2.00 1.25 and 47.5 48.5 1.00 1.92 Q2-06-02 134 0 -55 40.8 42.6 1.80 3.47 including 41.6 42.6 1.00 6.14 Pre-2006 Ridge Lake Drill Results Depth FROM TO WIDTH Gold Hole metres Azimuth Inclination metres metres metres g/t RLD-04-02 84.43 0 -60 67.05 69.2 2.15 17.48 including 68.05 69.2 1.15 31.34 RLD-04-08 50.68 0 -88 35.13 37.61 2.48 5.44 RLD-04-09 47.85 0 -50 28.68 30.18 1.50 15.06 RLD-04-10 53.95 0 -85 35.08 41.73 6.65 4.08 including 35.08 36.14 1.06 12.00 RLD-04-12 124.05 0 -50 38.33 38.83 0.55 4.80 RLD-05-13 68 180 -45 NSA RLD-05-14 62 0 -55 NSA RLD-05-15 50 180 -50 NSA RLD-05-16 41 0 -70 NSA RLD-05-17 65 0 -50 29.7 30.4 0.70 3.19 RLD-05-18 50 180 -75 30.05 31.23 1.18 3.98 RLD-05-19 60 180 -60 35.07 36.97 1.90 10.24 RLD-05-20 62 0 -50 24.08 24.61 0.53 1.13 RLD-05-21 41 180 -85 25.9 26.57 0.67 1.95 RLD-05-22 59 180 -55 36.13 38.12 1.99 3.76 RLD-05-23 50 0 -55 22.4 23.57 1.17 2.60 RLD-05-24 70 180 -80 NSA RLD-05-25 60 180 -55 38.38 38.91 0.53 3.46 RLD-05-26 50 0 -50 34 35 1.00 1.06 RLD-05-27 35 0 -85 NSA RLD-05-28 62 0 -50 NSA RLD-05-29 122 0 -50 NSA RLD-05-30 92 0 -50 NSA RLD-05-31 122 0 -50 NSA RLD-05-32 104 0 -60 25.25 26.87 1.62 14.16 including 25.25 26 0.75 27.71 and 0 -60 80.08 83.77 3.69 3.46 RLD-05-33 110 0 -85 91.97 96.01 4.04 2.84 RLD-05-34 110 0 -55 NSA RLD-35-35 110 0 -85 84.45 93.34 8.89 10.36 including 89.1 93.34 4.24 21.30 RLD-05-36 101 0 -55 88.22 90.09 1.87 5.39 RLD-05-37 101 0 -85 NSA RLD-05-38 122 0 -55 23.44 25.43 1.99 9.34 RLD-05-39 110 0 -85 27.92 29.92 2.00 2.03 and 99.2 100.04 0.84 2.57 RLD-05-40 81 0 -50 48.73 52.85 4.12 2.31 RLD-05-41 108 0 -85 33.61 35.32 1.71 7.18 RLD-05-42 144 0 -55 NSA RLD-05-43 162 0 -85 115.93 116.81 0.88 10.15 RLD-05-44 174 180 -75 157.33 159 1.67 15.13 About Commander Resources Ltd. Commander Resources Ltd. is a Canadian junior exploration company with control of one of the largest new gold districts in Canada and a new uranium belt in Newfoundland. Commander's underlying mission is to generate or acquire quality opportunities and add significant shareholder value through discovery of mineral deposits, leveraged partnerships, and/or sale of assets. On Behalf of the Board of Directors, Kenneth E. Leigh, President Shares Issued: 56,284,044 SOURCE: Commander Resources Ltd. Commander Resources Ltd. Cathy DiVito Corporate Communications [phone] or 1-800-667-7866 [phone] (FAX) Email: [e-mail] Website: www.commanderresources.com Copyright (C) 2006 CCNMatthews. All rights reserved. © 2006 Stockgroup Media Inc. | Disclaimer