Gold and Silver Updates

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Commander Sources Ltd.  is happy to supply outcomes from a sampling program on the Sabin zinc-copper-silver-gold volcanogenic huge sulphide venture positioned in northwest Ontario, Canada, some ten kilometres north of the neighborhood of Savant Lake. Work was performed within the fall of 2020 and centered on first go prospecting of conductor targets recognized from a current VTEM survey accomplished in late 2018. The …

 Commander Resources Ltd. (TSXV: CMD) (“Commander”) is happy to supply outcomes from a sampling program on the Sabin zinc-copper-silver-gold volcanogenic huge sulphide (VMS) venture (the “Sabin Property”) positioned in northwest Ontario, Canada, some ten kilometres north of the neighborhood of Savant Lake. Work was performed within the fall of 2020 and centered on first go prospecting of conductor targets recognized from a current VTEM survey accomplished in late 2018. The venture is primarily centred on in depth VMS- fashion alteration and mineralization nevertheless work throughout this program recognized a bulk tonnage-style gold goal throughout the Patterson Lake Inventory the place sampling returned gold values as much as 1.4 gt from seize samples.

Highlights:

  • Continued follow-up sampling of airborne conductors recognized in current VTEM Plus survey
  • New gold zone sampled at Quarry Displaying throughout the Paterson Lake Inventory (excessive pattern 1.4 g/t gold)
  • Excessive gold and zinc values returned from newly sampled Hadley exhibiting. (excessive pattern 4.25 g/t gold, 10.4% zinc)

The Sabin property is within the Sturgeon Lake greenstone belt which is host to important polymetallic VMS deposits and past-producing mines some 60 km to the south. This work program, accomplished in fall 2020, was an ongoing follow-up of the not too long ago accomplished VTEM Plus airborne electromagnetic and magnetic survey which recognized a big variety of excessive precedence conductors all through the property. The Sabin property is underlain by intermediate and minor felsic volcanic models that exhibit widespread alteration comprised of garnet, staurolite, sillimanite and sericite metamorphic mineralogy typical of metamorphosed VMS environments. The Quarry Displaying is a brand new incidence not beforehand sampled by Commander and opens the potential for intrusion-hosted orogenic gold mineralization throughout the massive Patterson Lake Inventory. (Determine 1)

Quarry Displaying

The Quarry exhibiting was a documented gold incidence with restricted historic work comprising floor sampling and a couple of brief, small-diameter (winkie) prospecting holes. Publicity is restricted to the underside of a gravel pit and solely about 10-15 m of strike is uncovered and a minimal width of 25-35 m. The goal is coincident with a single VTEM conductor inside a broader space of low resistivity. The exhibiting, hosted inside a granodiorite, contains sheeted intensely altered (quartz-sericite-pyrite-iron carbonate) shear zones with extension quartz veins emanating from the shears.

5 seize samples of the publicity had been collected and returned gold values from 36 ppb to 1410 ppb with anomalous zinc and silver. Compilation of historic sampling signifies a bigger footprint of some 300 metres though comparable resistivity options elsewhere point out potential for extra zones. Historic sampling, unverified by Commander, features a brief gap grading 0.50 g/t gold over 10 m and native seize samples as much as 4.1 g/t gold. (Determine 1)

Hadley Displaying

A number of samples had been collected from the Hadley exhibiting, a historic Zn-Cu-Ag-Pb incidence found and owned by a prospector from 1971 up till not too long ago when Commander acquired it by staking. Situated in an outcrop beside Hwy 599, it’s a 1 m large breccia zone of angular galena-sphalerite-chalcopyrite bearing chert and large sphalerite-galena clasts inside an intensely silicified chlorite-actinolite matrix. It’s 5 metres alongside strike in outcrop earlier than descending beneath cowl and is inside a bundle of intensely altered metavolcanic rocks indicative of a VMS exhalite horizon. Samples collected by Commander in 2020 returned as much as 4.3 g/t Au, 10.4% Zn, 4.7% Pb, and 53.5 g/t Ag and from a large sulphide clast.

Robert Cameron, President and CEO of Commander feedback, “Our follow-up sampling of VTEM targets at Sabin proceed to focus on the excessive valuable steel endowment of the in depth VMS mineralization. Moreover, the gold zone on the Quarry Displaying is important and opens a big space for exploration that has not been beforehand explored. Prospecting of the massive Patterson lake Inventory inside areas of low resistivity shall be a first-rate focus of 2021 work.”

Future work deliberate for 2021 at Sabin will embody an expanded prospecting and sampling program, particularly as a follow-up to the brand new Quarry exhibiting. A program of induced polarization (IP) surveying will even be initiated over the Quarry zone in addition to choose areas elsewhere together with the Kash, Golsil and Marchington zones. As a prospect generator the Firm will even search exploration partnerships to assist advance our initiatives to discovery.

Commander (previously Main Common) acquired the property by a purchase order settlement with UMEX in 1990 and holds a 100% curiosity within the property besides for 2 small inner declare parcels which might be topic to a taking part curiosity with Glencore Canada Company (previously Noranda) who presently maintain 41.5% and 33.3%. UMEX retains a 2.5% NSR over the core of the property that will be lowered to 1% following $225,000 of royalty funds.

QA/QC

Seize rock samples are selective by nature and should not symbolize the true grade or fashion of mineralization. Samples had been collected within the area by Stephen Wetherup P. Geo. Analytical work was accomplished by Activation Laboratories in Dryden, Ontario. Gold was analyzed by fireplace assay fusion of a 30-gram aliquot and different parts by ICP-MS from a 4-acid digestion.

Robert Cameron, P. Geo. is a professional particular person throughout the context of Nationwide Instrument 43-101 and has learn and takes duty for the technical facets of this launch.

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Determine 1: Sabin property Geology and Samples

To view an enhanced model of Determine 1, please go to:
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About Commander Resources:

Commander Resources is a Canadian centered exploration firm that has leveraged its success in exploration by partnerships and sale of properties, whereas retaining fairness and royalty pursuits. Commander has a portfolio of base and valuable steel initiatives throughout Canada. Commander additionally retains royalties from properties which have been partnered, optioned or offered.

On behalf of the Board of Administrators,

Robert Cameron, P. Geo.
President and CEO

For additional info, please name:
Robert Cameron, President and CEO
Toll Free: 1-800-667-7866
info@commanderresources.com

Neither TSX Enterprise Change nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Change) accepts duty for the adequacy or accuracy of this launch.

This information launch could embody forward-looking statements which might be topic to dangers and uncertainties. All statements inside, apart from statements of historic reality, are to be thought of forward-looking. Though the Firm believes the expectations expressed in such forward-looking statements are based mostly on affordable assumptions, such statements will not be ensures of future efficiency and precise outcomes or developments could differ materially from these in forward-looking statements. Components that would trigger precise outcomes to vary materially from these in forward-looking statements embody market costs, exploitation and exploration successes, continued availability of capital and financing, and basic financial, market or enterprise situations. There could be no assurances that such statements will show correct and, due to this fact, readers are suggested to depend on their very own analysis of such uncertainties. We don’t assume any obligation to replace any forward-looking statements besides as required below the relevant legal guidelines.

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