Commander is pleased to report the commencement of a 4,000 metre ('m') follow-up drill program at the Burn Copper and Gold porphyry project (the 'Burn Property' or 'Burn') located 100 km north of
Highlights
Burn represents a new greenfields porphyry copper and gold discovery. 4,000 metre fully funded drill program has commenced.
Driling will test a large 9 km2 partially exposed porphyry system that was drilled for the first time in 2022.
Successful drilling in 2022 discovered a central porphyry zone in Hole BU22-01 that returned 50 metres @ 0.24% CuEq and a separate gold-rich zone in hole BU22-02 that returned 83.5 metres grading 1.08 g/t Au.
Targets to be tested in the current program include step outs from 2022 holes and drilling of widespread magnetic and soil geochemical targets.
The Burn Property, which covers 17,675 ha was acquired directly by Commander in 2018 to cover prominent gossans exposed along ridges and has seen limited historical exploration. The 2022 program was the first time the property has been drilled. The Burn Property is located within the Babine Porphyry belt 70 km north of two past producing mines at Bell and
Summary of Freeport Earn-In Agreement terms.
Freeport has been granted the right to earn up to a 75 % interest in the Burn Property through staged option payments and work expenditures totaling
About
Contact:
Tel: 1-800-667-7866
Email: info@commanderresources.com
This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.
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