- A bulk tonnage-style gold target has been identified at Commander Resources’ (CMD) Sabin property in Ontario
- The highest yielding grab sample showed 1.4 grams of gold per tonne
- The company’s finding opens a large previously unexplored area for exploration
- Future work planned for 2021 at Sabin will include an expanded prospecting and sampling program
- Commander Resources is down 2.38 per cent and is trading at C$0.20 per share
Commander Resources (CMD) has located a new gold zone after sampling at its Sabin Property in northwest Ontario.
The highest yielding grab sample showed 1.4 grams of gold per tonne.
That sample was collected from Commander’s quarry showing within the Paterson Lake stock
The news comes as results come in from work conducted in the fall of 2020, based off previous Versatile Time Domain Electromagnetic (VTEM) work in 2018.
The project is primarily focused on extensive volcanogenic massive sulphide (VMS) -style alteration and mineralization.
However, work during the program identified a bulk tonnage-style gold target where sampling returned gold values up to 1.4 grams per tonne of material.
“Our follow-up sampling of VTEM targets at Sabin continue to highlight the high precious metal endowment of the extensive VMS mineralization,” said Commander President and CEO Robert Cameron.
“Furthermore, the gold zone at the Quarry Showing is significant and opens a large area for exploration that has not been previously explored. Prospecting of the large Patterson lake Stock within areas of low resistivity will be a prime focus of 2021 work,” he added.
The Sabin property is in the Sturgeon Lake greenstone belt which is host to significant polymetallic VMS deposits and past-producing mines some 60 kilometres to the south.
The company expects future work planned for 2021 at Sabin to include an expanded prospecting and sampling program.
Commander Resources is down 2.38 per cent and is trading at C$0.20 per share at 10:45am EST.
