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June 2017 Sabin Zn-Cu VMS Project Sturgeon Lake Belt, Ontario

Sabin Zn-Cu VMS Project - Commander Resources presentation... · • Most significant VMS style alteration and mineralization within the Savant-Sturgeon Lake Greenstone Belt, outside

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June 2017

Sabin Zn-Cu VMS Project

Sturgeon Lake Belt, Ontario

CORPORATE DISCLOSURE

DisclaimerThe information contained herein, while obtained from sources which we believe are reliable, is not guaranteed as to its accuracy or completeness. The company is an exploration stage mineral resource exploration company and none of its mineral projects have yet to be proven to be economic. The contents of this presentation is for information purposes only and does not constitute an offer to sell or a solicitation to purchase any securities referred to herein.

Forward-looking StatementsThis presentation includes certain forward-looking statements about future events and/or financial results which are forward-looking in nature and subject to risks and uncertainties. Forward-looking statements include without limitation, statements regarding the company’s plans, goals or objectives and future exploration, development, potential mineralization, exploration results and future plans and objectives of Commander. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, or “continue” or the negative thereof or variations thereon or similar terminology. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from expectations include risks associated with mining generally and exploration stage projects in particular. Potential investors should conduct their own investigations as to the suitability of investing in securities of Commander.

Stephen Wetherup, P.Geo., VP Exploration is the Qualified Person responsible for the technical content of this presentation.

• Most significant VMS style alteration and mineralization within the Savant-Sturgeon Lake Greenstone Belt, outside of the main Sturgeon Lake District

• Excellent infrastructure with paved highway access and the CNR main rail-line within 5 km

• Extensive geological database delineates 4 large alteration zones and VMS target areas

• Vast majority of drill holes <100 m deep and focussed mainly on Marchington Zone discovery

• Most holes not analyzed for Au; average of those analyzed ~0.7 g/t

• Only 3 drill holes completed since 1984

• No modern deep penetrating airborne EM or detailed magnetic surveys have been flown.

• Known mineralized zones are open in all directions

• Numerous isolated intercepts have not been followed up

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SUMMARY

SABIN LOCATION

Commander’s Projects and Royalties

Cu | Ag | Zn

SABIN

SABIN LOCATION

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• 240 km NW of Thunder Bay and 5 km N of town of Savant Lake, Ontario

• Provincial highways 599 and 516 cross the property

• CNR rail line 5 km S of property

• Within the prolific VMS Savant-Sturgeon Lake Greestone Belt

Sabin Property

SABIN REGION

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• Savant-Sturgeon Lake Greenstone Belt, host to Sturgeon Lake VMS District

• Mining in Sturgeon Lake Camp one of the premier VMS mining districts in Ontario

• Historical mine production:

18.6 Mt @ 8.1% Zn, 1.1% Cu, 0.8% Pb,

120 g/t Ag, 0.5 g/t Au– * Franklin et al (1995), Geology of Canadian Mineral

Deposit Types: GSC

• Sabin claims cover bimodal volcanic stratigraphy similar to Sturgeon Lake District

SABIN PROPERTY

STURGEON LAKE VMS DISTRICT

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Historical Production from Mineral Deposits of the Sturgeon Lake Mining Camp 1970-1991

Deposit Tonnes Zn (%) Cu (%) Pb (%) Ag (gpt) Au (gpt)

F Group 340,000 9.5 0.6 0.6 60 NR

Mattabi 11,400,000 8.3 0.7 0.9 104 NR

Lyon Lake & Sub-Creek Zone

3,945,000 6.5 1.2 0.6 142 0.5

Creek Zone 908,000 8.8 1.7 0.8 142 0.5

Sturgeon Lake 2,070,000 9.2 2.6 1.2 164 0.5

Total 18,663,000 8.1 1.1 0.8 120 0.5

* Franklin et al (1995), Geology of Canadian Mineral Deposit Types: GSC

• 1970-1980 - UMEX explored the Sabin claims and surrounding area.

– Regional TDEM surveys identified several conductors including 2 weak picks in the Marchington Zone where a surface discovery was made.

• 1980-1984 - UMEX focussed most of its drilling on Marchington Zone to delineate near surface resources for feed to its milling operations in Pickle Lake (most holes <100 m in length)

• 1995 - Noranda completed IP-mag over the Marchington Area and drilled three ~300 m holes east of the bulk of the Marchington drilling.

– Drilling discovered several isolated mineralized horizons that remain open and an off-hole conductor that has not be followed up.

• 2012 – Commander Resources completed a soil survey on the Property

No modern deep penetrating EM or detailed MAG has been flown.

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SABIN WORK HISTORY

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SABIN MAG INTERPRETATION

• Alteration and mineralization occurs within a regional anticlinal fold structure

• Mineralized zones appear to be fold duplicated and fold noses show significant structural thickening; these have not been targeted by drilling

SABIN VMS TARGETS

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• Extensive Al-Si-Py footwall style alteration

• Four main target areas including the Marchington Zone

• Marchington drilled to <100 m depth, 350 m strike length and open along strike and to depth

• All zones under-explored; Kash (1 DDHs), S23 (6 DDHs) and Golsil(2 DDHs) only tested by widely spaced and shallow drilling

• Zones are low to moderate conductivity

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MARCHINGTON ZONE

• Marchington Zone in a shallow plunging NE fold hinge; open to E and W

• Mineralized intercepts in holes at margins of drilling (SA-17 and SA-22)

• Structure not considered with historical drilling but key to mineralization

SA-15: 5.9 m @ 2.3% Zn, 0.3% Cu, 1.7% Pb, 57 g/t Ag

SA-69: 3.2 m @ 4.8% Zn, 4.3% Cu, 177 g/t Ag

SA-17: 2.3 m @ 1.3% Zn, 0.2% Cu, 14 g/t Ag

SA-22: 0.9 m @ 2.9% Zn, 0.9% Pb, 30 g/t Ag

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MARCHINGTON AREA

• South Zone comprises several VMS horizons either stacked or fold duplicated

• South and Zinc Zones are open along strike and to depth

• Numerous drillholes with significant Zn-Cu-Ag mineralization not followed up

SA-50: 3.9 m @ 1.4% Zn, 3.1% Cu, 0.6% Pb, 97 g/t Ag

SA-52: 4.3 m @ 0.7% Zn, 0.2% Pb, 24 g/t Ag

SA95-1: 5.0 m @ 1.2% Zn, 0.9% Cu, 1.6% Pb, 177 g/t Ag

SA-42: 2.3 m @ 9.4% Zn, 0.1% Cu, 1.6% Pb, 30 g/t Ag

SA-53: 4.3 m @ 0.7% Zn, 0.2% Pb, 24 g/t Ag

SA95-1: 5.0 m @ 1.2% Zn, 0.9% Cu, 1.6% Pb, 43 g/t Ag

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KASH-S23 ZONES• Kash conductor >2 km long

and alteration >3 km long

• Kash Zone tested by 1 DDH SA-43 (0.7 m of 4.0% Zn)

• S23 Zone tested by 6 DDH’s

• All S23 holes intercept mineralization including – 7.3 m @ 1.0% Zn, 0.8% Cu

– 0.3 m @ 1.6% Zn, 3.8% Cu

– 3.4 m @ 1.7% Zn, 0.8% Cu

• Alteration extends far beyond limits of drilling

SA-43: 0.7 m @ 4.0% Zn, 0.15% Cu, 1.4% Pb, 18 g/t Ag

SA-24: 7.3 m @ 1.0% Zn, 0.8% Cu, 18 g/t Ag

SA-32: 0.3 m @ 1.6% Zn, 3.8% Cu, 69 g/t Ag

SA-33: 3.4 m @ 1.7% Zn, 0.8% Cu, 22 g/t Ag

SABIN WORK PROGRAM

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• Complete property wide structural mapping

• Conduct property wide whole rock sampling to define and quantify alteration zones

• Fly detailed airborne VTEM-Mag survey to further characterize bedrock, define deep and subtle conductors

• Drill test conductors, and extents of mineralized zones factoring in structural complexities.

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Commander Resources Ltd.11th Floor, 1111 Melville StreetVancouver, BC V6E 3V6

604-685-5254Email: [email protected]