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Commander Reports Partner Kivalliq Energy's Exploration Results from the Baffin Gold Property Nunavut
Vancouver, British Columbia--(Newsfile Corp. - October 25, 2017) - Commander Resources Ltd. (T...
About this update from Valore Metals Corp.
[{"type":"text","content":"Commander Reports Partner Kivalliq Energy's Exploration Results from the Baffin Gold Property NunavutVancouver, British Columbia--(Newsfile Corp. - October 25, 2017) - Commander Resources Ltd. (TSXV: CMD) (\"Commander\") is pleased to report that Kivalliq Energy Corporation (TSXV: KIV) (\"Kivalliq\") has provided exploration results from its 2017 work program on its Baffin Island Gold Property in Nunavut Territory, Canada. Commander holds a 0.25% NSR on Kivalliq 100% owned lands and a 0.25% to 0.5% NSR plus other consideration due on the portion of the ground directly optioned from Commander (the Commander Option) that includes the Malrock and Kanosak targets (see news release dated May 8, 2017).The Baffin Gold Property is one of the largest undeveloped greenstone-iron formation gold belts in Nunavut, totalling 408,981.6 ha and covering 160 km of the Foxe Fold Belt on central Baffin Island. Kivalliq 2017 exploration Highlights:Results from 424 rock samples confirmed high-grade gold in banded iron formation (BIF) and (intrusion?)-metasediment hosted quartz veins. Highlight grab and channel sample assays include:268 g/t Au, (Malrok BIF grab sample)211 g/t Au over 0.5 m and 102.5 g/t Au over 0.5 m (Kanosak quartz vein channel sample)114.5 g/t and 96.2 g/t Au, (Brent quartz vein grab sample)86.14 g/t Au over 0.96 m, includes 193 g/t Au over 0.32 m, (W Kanosak/Qim 4 BIF channel sample)20% of rock samples taken in 2017 (85) were > 0.5 g/t AuResults from 492 till geochemical samples identified a new 10 km long corridor of anomalous gold at south Kanosak, and further outlined seven anomalous areas warranting follow-up at Kanosak, Brent and Central Belt west. Rock and new till geochemical results have extended the strike length of known gold occurrences at Brent, confirmed gold in BIF over 5 km and 6 km at west and north Kanosak, and expanded anomalies around historic gold in till results.65 km2 of high resolution airborne drone imagery flown in key target areas will be used to develop digital surface models and aid structural interpretation. Maps and images of the work performed in 2017 at the Baffin Gold Property can be viewed at: http://www.kivalliqenergy.com/projects/baffin_gold/maps/ QA/QC (as provided by Kivalliq)All till samples were sent to ALS Geochemistry (ALS) in Sudbury, Ontario for preparation and then to ALS in Vanc...