NWT Mineral Exploration

[Ed Monton]

Commander Resources Ltd.: Ridge Lake Drilling Cuts
31.34 g/t Au; Channel Sample Cuts 107 g/t Au

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 27, 2004) - Results of
the first drill program at the Ridge Lake Gold Prospect, Baffin Island,
Nunavut returned encouraging high grade gold intervals including 2.15
metres grading 17.48 g/t Au, and 1.50 metres grading 15.06 g/t Au from
the central portion of the prospect area.

The Ridge Lake Prospect is a 3.5 kilometre long portion of the Bravo
Iron Formation located 30 kilometres east of the Malrok Prospect. It is
the second area to receive drill testing along the 140 kilometre long
belt that is host to at least nine gold prospects. Results for more than
1000 regional channel and grab samples are awaited. Drill hole
locations, selected drill sections and the complete assay table can be
found on the Company's website.
http://commanderresources.com/gold/ridge/NR30/pop_ridgeP.htm

The program was successful in confirming the gold potential of Ridge
Lake by verifying surface sampling results and showing local thickening
and structural complexity of the iron formation down-dip. Such
structural complexity often results in thickening of mineralized zones
and increased gold grades due to remobilization, an important
characteristic of iron formation deposits such as Lupin, N.W.T.,
Musselwhite, Ontario and Homestake, South Dakota.

In addition, twenty new channel samples collected in the eastern portion
of Ridge Lake returned some high grade gold assays including 107.10 g/t
Au and 49.75 g/t Au over 0.60 metres and four channel samples grading
16.40 g/t Au to 38.70 g/t Au over lengths of 0.30 to 0.85 metres. The
new channel samples were taken from a partially exposed highly contorted
and thickened iron formation measuring 100 metres long and averaging 25
metres wide (refer to map on the Company's website) where channel sample
results reported earlier in the season returned several high grade
values including 53.6 g/t Au over 1.0 metre. This tightly refolded area
could be part of a classical "knot" developed by complex structures
similar to those at some known iron formation hosted gold deposits.

Twelve shallow NQ core holes were drilled in the central portion of the
Ridge Lake prospect from six stations in three widely spaced target
areas (separated by 450 metres and 600 metres) to follow-up surface
channel sampling results (refer to location map on Company's website).
Results from the limited drill program demonstrate the potential for
high grade gold sections and extensions along-strike and down-dip from
the drilled areas. These areas along with the balance of the remaining
3.5 km strike length, including the eastern portion, will be a high
priority for further drill-testing.
Selected Ridge Lake Drill Results

 
  
 ------------------------------------------------------------------- 
 Hole ID     East  North   Az    Dip   From     To  Length      Gold 
                          deg-   deg-    (m)    (m)     (m)    Assay 
                         rees   rees                            (g/t) 
 ------------------------------------------------------------------- 
 RLD-04-02   3001   7155    0    -60  67.05  69.20    2.15     17.48 
 ------------------------------------------------------------------- 
 including                            68.05  69.20    1.15     31.34 
 ------------------------------------------------------------------- 
 RLD-04-08   3447   7190    0    -88  35.13  37.61    2.48      5.44 
 ------------------------------------------------------------------- 
 including                            35.63  37.13    1.50      7.08 
 ------------------------------------------------------------------- 
 RLD-04-09   3050   7184    0    -50  28.68  30.18    1.50     15.06 
 ------------------------------------------------------------------- 
 including                            29.18  29.68    0.50     30.35 
 ------------------------------------------------------------------- 
 RLD-04-10   3050   7184    0    -85  35.08  41.73    6.65      3.95 
 ------------------------------------------------------------------- 
 including                            35.08  36.14    1.06     12.00 
 ------------------------------------------------------------------- 
 RLD-04-12   2404    7328   0    -50  38.33  39.54    1.21      3.84 
 ------------------------------------------------------------------- 
 True thickness is 85-90% of drilled thickness 
  
 

.................



Hole RLD-04-02 intersected 31.34 g/t Au over a 1.15 metre width within a
2.15 metre interval grading 17.48 g/t Au starting at a drilled depth of
67.05 metres and intersecting the iron formation about 60 metres
down-dip from a poorly exposed surface outcrop. The set-up was designed
primarily to test the electromagnetic and magnetic geophysical trend
which maps out the iron formation.

Fifty metres to the east of RLD-04-02, hole RLD-04-09 intersected 1.50
metres grading 15.06 g/t Au and RLD-04-10 intersected 1.06 metres
grading 12.00 g/t Au in a 6.65 metre interval of iron formation grading
3.95 g/t Au. The iron formation intervals at a depth of less than 35
metres in holes RLD-04-09 and RLD-04-10 were encountered 35 metres and
60 metres, respectively, down-dip from surface channel samples that
contained 19.70 g/t Au over 0.65 metres and 13.50 g/t Au over 0.20
metres (refer to section). Down-dip thickening of the iron formation is
indicated in hole RLD-04-10.

In a large step-out, approximately 450 metres to the east of RLD-04-02,
hole RLD-04-08 intersected 3.50 metres of iron formation which returned
5.44 g/t Au over 2.48 metres including 1.5 metres assaying 7.08 g/t Au.

The intersection in hole RLD-04-08 is 25 metres down-dip from a thinner,
low grade intersection in hole RLD-04-07 (1.85 g/t Au over 0.41 m) and
indicates a rapid thickening and grade increase down-dip in this area.
Hole RLD-04-07 was drilled from the same collar as hole 04-08 at an
angle of minus 50 degrees grid north.

Holes RLD-04-11 and RLD-04-12 were drilled as a large step-out,
approximately 600 metres west of hole RLD-04-02, encountered narrow iron
formation with 1.21 metres grading 3.84 g/t Au in RLD-04-12, 65 metres
down-dip from iron formation outcrop. Hole 04-11 was a steeper cut from
the same collar as hole 04-12 with no significant assay results. Though
lower grade, only two holes have been drilled in this western area
demonstrating down-dip extension to the gold-bearing iron formation in
this location.

Holes RLD-04-01 and RLD-4-03 were drilled from the same set-up as
RLD-04-02 at angles of minus 60 and minus 85 degrees, respectively. Hole
RLD-04-01 was lost short of the target at a depth of 35 metres and hole
RLD-04-03 intersected a fault-narrowed portion of the iron formation
with low gold values.

Holes RLD-04-04, 04-05 and 04-06, drilled east of holes 04-07 and 04-08
did not encounter the Bravo Iron Formation due to what is believed to be
structural complexities that will require more work to identify.

The eastern part of the Ridge Lake Prospect was not drilled in 2004 due
to its complex nature and the need to complete detailed mapping first.
Structural specialist K. V. Campbell, Ph.D., completed this mapping late
in the season and is currently completing final interpretation. Drilling
is planned for 2005.

The Qualified Person under National Instrument 43-101 for Commander
Resources is Bernard H Kahlert, P.Eng.; the onsite Qualified Person
running the Baffin Island project is Wesley Raven, P.Geo. Mr. Kahlert
has reviewed and verified the results and content of this release.

Core sampling and Analytical Procedures

Individual drill core and channel samples are sealed in plastic sample
bags and packed into 15-20 kg fibre bags, securely closed and shipped by
air to Deer Lake, Newfoundland, where they are picked up by Eastern
Analytical Services and trucked to their laboratory in Springdale, Nfld.
All samples from the iron formation are coarsely ground with 250 gram
splits pulverized to 150 mesh. A 30 gram pulp is then assayed by
standard fire assay procedure. Samples from wall rocks surrounding the
iron formation are crushed and pulverized as above, but only 15 grams
are fire assayed for gold. 30 Element I.C.P. analyses are then completed
for other metals and trace elements.

Due to the possibility of coarse free gold, all drill core samples
exceeding 1.0 g/t Au are checked by the gravimetric assay procedure at
Assayers Ltd. of Vancouver B.C. Laboratory performance is monitored by
inserting duplicates and coarse field blanks into the sample stream.

About Commander Resources Ltd.
Commander Resources Ltd. is a Canadian junior exploration company with a
diversified portfolio of gold, copper-gold and nickel projects across
Canada with focus on a large, emerging new gold camp on Baffin Island
and advanced nickel projects in Labrador. The Company holds 1.72 million
shares of Diamonds North Resources Ltd.

On Behalf of the Board of Directors,

Kenneth Leigh, President and CEO

Shares Issued: 26,698,783

-30-

FOR FURTHER INFORMATION PLEASE CONTACT:
Commander Resources Ltd.
Cathy DiVito
Corporate Communications
[phone] or Toll Free in Canada/U.S. at 1-800-667-7866
[phone] (FAX)
Email: [e-mail]
Website: www.commanderresources.com
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