- Project partners of Commander Resources (CMD) have announced a 2,500-metre drill program on the South Voisey’s Bay nickel copper-cobalt project in Labrador
- The targets to be tested were derived from extensive processing of historical and recent geophysical data
- Fjordland Exploration and Ivanhoe Electric will be targeting a 2,500 metre drill program at South Voisey’s Bay Property
- The South Voisey’s Bay property covers 29,400 hectares is located in central Labrador about 80 km due south of the operating Voisey’s Bay nickel mine
- Commander Resources is a Canadian exploration company
- Commander Resources Ltd. was unchanged at $0.10 at 2:04 PM ET
Commander Resources’ (CMD) project partners Fjordland Exploration (FEX) and Ivanhoe Electric have announced a 2,500-metre drill program in Labrador.
The targets on the South Voisey’s Bay Project were identified from historical and recent geophysical data and included a property-wide gravity inversion study and a Low Temperature (LT) Superconducting Quantum Interference Device (SQUID) Moving Loop Transient Electromagnetic (MLTEM) survey performed in 2021.
Fjordland and Ivanhoe Electric will be targeting a 2,500 metre drill program at South Voisey’s Bay Property.
The targets are derived from reprocessing of historical geophysics data and from recent LT Squid MLTEM survey.
The earn-in currently stands at 75 per cent for Fjordland and 25 per cent for Commander. Fjordland must spend approximately $5,000,000 to vest at 100 per cent.
The South Voisey’s Bay property covers 29,400 hectares and is located in central Labrador about 80 km due south of the operating Voisey’s Bay nickel mine and covers parts of the Pants Lake gabbro complex in the South Voisey’s Bay area.
The Pants Lake Complex contains host rocks with alteration and nickel mineralization styles that are geologically similar to the Voisey’s Bay host rocks.
The company gratefully acknowledges the Newfoundland and Labrador Ministry of Natural Resources’ Junior Exploration Assistance (JEA) Program for its financial support that aided the 2021 LT Squid MLTEM survey.
Commander Resources is a Canadian exploration company that has leveraged its success through partnerships and the sale of properties while retaining equity and royalty interests.
Commander Resources Ltd. was unchanged at $0.10 at 2:04 PM ET.
