Commander Resources Ltd. reported that project partners Fjordland Exploration Inc. and Ivanhoe Electric Inc. ("IE") have commenced drilling at the South Voisey's Bay ("SVB") nickel copper cobalt project in Labrador. This is the start of a 2,500- metre drill program testing targets derived from extensive processing of historical and recent geophysical data including a significant property wide gravity inversion study and the recently completed Low Temperature ("LT") Superconducting Quantum Interference Device ("SQUID") Moving Loop Transient Electromagnetic ("MLTEM") survey performed in 2021. Fjordland and Ivanhoe Electric commence drilling at South Voisey's Bay.

Start of a 2,500-metre drill program. Targets derived from reprocessing of historical geophysics data and from recent LT Squid MLTEM survey as well as new geological interpretations. Located 90 km south of Vale's operating high-grade Voisey's Bay nickel mine, the South Voisey's Bay ("SVB") Pants Lake Intrusive is believed to have the potential for hosting a massive sulfide nickel deposit similar to the Voisey's Bay deposit.

Nickel sulfide in varying amounts occurs in the vast majority of the previous drill holes assayed within the Pants Lake intrusive. As an example, in 1997, Donner Resources Ltd. reported a 1.1m intercept of 11.6% nickel, 10.2% copper and 0.41% cobalt in drill hole SVB 97-75 on ground now adjacent to Fjordland's project. The goal of this summer's drill program is to locate conduits within the SVB system where nickel bearing magma has potentially accumulated in economic volumes.

The South Voisey's Bay property (29,400 hectares) is in central Labrador approximately 90 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.