• Geochemical survey expands Commander’s (CMD) Pedro Gold Zone, Mexico
  • Epithermal gold target measuring 4 km by 1 km defined by gold in soils, rocks and IP geophysics
  • Arsenic values indicate a potential buried zone northeast of the main target area coincident with deep chargeability responses
  • Commander Resources is a Canadian-focused exploration company that has leveraged its success in exploration through partnerships
  • Commander Resources Ltd. (CMD) is in the grey and is trading at C$0.19 at 11:35 am ET

Commander Resources Ltd. (CMD) is pleased to report results from a soil sampling program completed at Commanders Pedro Gold project in late 2020.

The Pedro property is located 100 Km from Torreon, Mexico, in the northeastern part of the State of Durango and approximately 30 km west of the town of Mapimi. It covers a large multi-kilometre epithermal-style gold target.

Commander acquired the wholly-owned 1,750 ha property in 2016 from Bearing Lithium.

Epithermal gold target measuring 4 km by 1 km defined by gold in soils, rocks and IP geophysics.

716 soil samples collected northwest and east of the original soil grid identify an additional zone measuring 1400 m by 500 m.

Arsenic values indicate a potential buried zone northeast of the main target area coincident with deep chargeability responses.

The 2020 soil program tightened the sampling density within the existing grid and expanded the coverage to new areas to the northwest and northeast.

This program highlighted two areas of interest. To the northwest, a new soil trend some 1400 metres by 500 metres in the area was defined by gold greater than 10 ppb and coincident arsenic greater than 75 ppm.

Unique to Pedro, this new target area is underlain by Aurora Formation limestone.

The second area of interest is a broad area of elevated arsenic to the northeast with values of arsenic greater than 75 ppm.

This is interpreted as possible surface expressions of buried epithermal style gold mineralization beneath a thick cover of alluvium.

The Pedro gold system is outlined at the surface by a combined gold (>10 ppb) and arsenic (> 100 ppm) soil anomaly with dimensions of 4000 metres by 1000 metres.

Outcrop exposure comprises prominent hematite-stained silica-rich ridges of angular chalcedony fragments and silicified sedimentary rocks within an angular course breccia.

The mineralization extends beneath post-mineral volcanic rocks, colluvium (range front fanglomerate) and alluvium to the north and east. The host rock to these breccias is mostly the Ahuichila Formation conglomerate.

Historical rock sampling of the exposed zones returned values in rock from background levels to a maximum of 2.3 gpt (58 greater than 0.25 gpt and 11 greater than 1 gpt).

IP geophysics outlined the known zones as elevated chargeability zones and identified discreet deep features below the conglomerate.

Results indicate that some surface-exposed zones are stratabound and the basal contact of the Ahuichila formation, while adjacent zones have a deep vertical expression reflecting possible feeder structures.

The newly identified northwest anomaly hosted within the Aurora Formation limestone indicates an additional setting for mineralization.

Rock textures and the local presence of sinter suggest the upper levels of an epithermal system are exposed at the surface with potential for bulk mineable heap leach targets.

Commander Resources is a Canadian-focused exploration company that has leveraged its success in exploration through partnerships and the sale of properties while retaining equity and royalty interests.

Commander Resources Ltd. (CMD) is in the grey and is trading at C$0.19 at 11:35 am ET.

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