Commander drills 20 holes to date on Baffin Island
2005-08-15 15:05 ET - News Release
Mr. Kenneth Leigh reports
COMMANDER RESOURCES LTD.: BAFFIN PROJECT UPDATE
Commander Resources Ltd. has provided an update on its continuing Baffin Island gold project. To date, approximately 1,500 metres of diamond drilling in 20 shallow holes have been completed on the Ridge Lake prospect, with detailed geological mapping, channel sampling and ground geophysics completed on the Durette and 2369 prospect areas. The initial drill pattern was designed to test several target areas chosen based on surface mineralization, geology and geophysics. Assay results from surface channel samples collected from the Durette and 2369 prospect areas and the first 10 to 12 drill holes at Ridge Lake should be available within a couple of weeks.
At Ridge Lake, the iron formation in several of the holes shows strong indications of shearing and alteration indicative of an intense mineralizing system. Newly discovered this year was the occurrence of two iron formation units in the Ridge Lake West area, where drill holes were deeper. This compares with only one seen so far in the drilling at Ridge Lake East, where holes were drilled to a shallower depth, suggesting the possibility that deeper drilling may be required at Ridge Lake East to hit the lower iron formation unit.
The detailed ground magnetic survey completed on Ridge Lake in the spring revealed some structural trends and complexes that are in excess of one kilometre long each and appear to be controlling the more intensely altered portions of the iron formation. Using this structural information in conjunction with known surface mineralization the company has now identified new key target areas that will be further ranked based on the assay results from the first pass of drilling.
At Durette, detailed geological mapping has determined that the gold values recovered from the prospect area last year are hosted in a different stratigraphic sequence to that found at Malrok and Ridge Lake. At Durette, a thick silicified iron formation and recrystallized quartzite package is carrying the gold values. The package is thick and individual sections are in excess of 500 metres in strike length and occur over a two-kilometre area before diving under cover. Arsenopyrite is locally abundant. Results from this year's sampling should be available in the next couple of weeks and will be used to outline drill targets.
The find at Durette is significant in that it demonstrates the potential for significant gold mineralization to occur outside of the stratigraphic iron formation units. The quartzite sequence is thick and could provide for a much more robust target. In addition, this discovery opens up the potential for the same succession on other parts of the property, including in the mineralized systems at Ridge Lake and Malrok.
More information on these target areas including previously reported results can be found on the company's website.
Dr. Allan Armitage, PhD, PGeo, is managing the Baffin project this year. Dr. Armitage has extensive experience with iron formation gold deposits and Arctic geology. He was formerly chief geologist at Comaplex Minerals, where he was primarily involved in the Meliadine gold project near Rankin Inlet, Nunavut.
Bernard Kahlert, PEng, is the company's qualified person under National Instrument 43-101 for the 2005 project. Dr. Armitage, PGeo, will be managing all aspects of the 2005 field program.
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