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QIMMIQ - BAFFIN ISLAND

Cu
3.32
USD/lb
3.30
green
Data as of May 17, 2013 12:00AM UTC
Au
1,380.15
USD/oz
-0.04
red
Data as of May 21, 2013 11:33AM UTC
Pb
0.91
USD/lb
1.85
green
Data as of May 17, 2013 12:00AM UTC
Zn
0.82
USD/lb
1.29
green
Data as of May 17, 2013 12:00AM UTC


Key Facts
Status: Exploration
Type of Work: Surface
Location: Nunavut, Canada
                 

Commodities: Copper, Diamond, Gold, Lead, Zinc
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Latest Information
October 12, 2010
Commander Resources reported assay from the drilling program at the Kanosak gold prospect within Qimmiq project located in Baffin Island, Nunavut, Canada. Highlights include hole KAN-10-9 which intersected 9.78 m of 0.98 g/t gold from 7.47 m, including 4.62 m of 1.55 g/t gold from 11.89 m and also including 0.94 m of 22.50 g/t gold from 88.53 m.
September 23, 2010
Commander Resources reported the first drill results from the Kanosak gold prospect and additional results from Malrok on Baffin Island, Nunavut, Canada. Reconnaissance drilling at Kanosak intersected zones of gold mineralization with locally higher grades, while the final results from Malrok continued to define and enlarge the scope of the gold bearing structures. The widespread extent of gold mineralization confirms continuing potential for a significant gold discovery. Best results include hole KAN-10-04, returning 4.21 m of 2.16 g/t gold from 8.88 m.
November 19, 2009
Commander Resources Ltd. reports that AngloGold Ashanti has received final approval from the South African Reserve Bank (SARB) for the Baffin Island Farm-in Joint Venture agreement announced September 3, 2009. Under the Agreement, AngloGold’s subsidiary AngloGold Ashanti Holdings Inc. has the option to earn a 51% interest in the Baffin Island Gold project in Nunavut, Canada, by completing $20 million in exploration expenditures. Once vested at 51% AngloGold can elect to increase its ownership to 70% in the property by funding all expenditures through to completion of a feasibility study.

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