gsfl
12 years ago
DDH-2012-3 Indicates 117.7 g/t Gold Over 2.13 m
Vancouver, BC - Decade Resources Ltd. (“Decade”) and Mountain Boy Minerals Ltd. (“Mountain Boy”) are providing an update on assays released in a June 5 press release for the Red Cliff project in Northwestern British Columbia. The joint venture project is owned 65% by Decade and 35% by Mountain Boy. The Red Cliff is a gold/copper property consisting of 8 Crown Granted mineral claims located 25 miles north of the town of Stewart, British Columbia. The Silver Crown 6 claim in which Decade is earning a 100 % interest is adjacent to the north portion of the crown grants. To date, the Companies have identified 3 separate gold bearing zones called the Upper Montrose, Lower Montrose and Waterpump within the Crown Granted claims.
In the assays released on June 5 a mineralized section in DDH-2012-3 was reported as 8.40 g/t gold over 4.26 m. The interval was recheck assayed using gravimetric methods due to the presence of coarse gold identified in the core during logging. The check assays indicated an increase from 9.69 g/t gold to 117.7 g/t over a 2.13 m interval. As a result the assay interval for the hole is now as follows:
In the future, any visible gold bearing sections will be analyzed using gravimetric methods.
All samples are assayed by Loring laboratories of Calgary, Alberta..It is an ISO9001 certified laboratory.
Ed. Kruchkowski, P. Geo., a qualified person under National Instrument 43-101, is in charge of the exploration program on behalf of the Companies and is responsible for the contents of this release. E Kruchkowski has conducted all the exploration on this property from 2007 to present and has logged and overseen the sampling of the core.
Decade Resources Ltd. is a Canadian based mineral exploration company actively seeking opportunities in the resource sector. Decade holds numerous properties at various stages of development and exploration from basic grass roots to advanced. Its properties and projects are primarily in Northern British Columbia. For a complete listing of the Company assets and developments, visit the Company website at www.decaderesources.ca.
gsfl
12 years ago
Visible Gold Intersected at Depth in Red Cliff Property Exploration
Vancouver, BC - Decade Resources Ltd. (“Decade”) and Mountain Boy Minerals Ltd. (“Mountain Boy”) are providing an update on the Red Cliff project in Northwestern British Columbia. The joint venture project is owned 65% by Decade and 35% by Mountain Boy. The Red Cliff is a gold/copper property consisting of 8 Crown Granted mineral claims located 25 miles north of the town of Stewart, British Columbia. High gold values are contained within stockwork zones that are composed of stringers of quartz-chalcopyrite-pyrite plus local coarse visible gold in the Upper Montrose zone over a 1 m section. These stringers have an envelope of galena-sphalerite-chalcopyrite stringers that contain local fine grained visible gold. To date, the Companies have identified 3 separate gold bearing zones called the Upper Montrose, Lower Montrose and Waterpump.
Since April 24, the companies have completed 12 holes all designed to test the Lower Montrose zone. Nine were completed along a panel from a pad created along the canyon wall approximately 40 m above the canyon floor and approximately 50 m NE of the exposed Lower Montrose zone. The first 3 holes encountered up to 15 m of stringer quartz-sulphide mineralization with local coarse visible gold in the third hole. See the Company website at www.decaderesources.ca or www. mountainboyminerals.ca. to view the photo of the gold. Holes 4 and 5 indicated that the zone was fault offset to the NE with sulphide mineralization ground up in the fault gouge. Holes 6 to 8 encountered the quartz - sulphide zones. Hole 9 indicated that a dyke had displaced the above mineral zone. The drill has been moved 100 m east to test an indicated zone exposed along the canyon wall that contained 50.39 g/t gold over 0.5 m within a partly exposed zone sampled in previous exploration. Three holes were completed in this location with the last hole being drilled to a depth of 596 m. The first hole deviated to the north and was terminated at 300m. The second hole drilled more southerly was lost in a fault at 480 m but encountered numerous sulphide bearing zones between 320 m to final depth. At approximately 300 m, narrow galena - sphalerite veinlets contain fine visible gold. Five samples taken on a random basis from 5 different sulphide zones at depth were rush assayed in order to guide the drilling of the 3rd hole in this area. Values ranged from a low of 47 ppb to a high of 2.2 g/t Au over 1.83 m with the highest value at the deepest sample site at 407 m. The other 3 samples assayed 0.4 g/t gold. Long sections of sulphide rich core remains to be cut and sampled in this hole. Based on the gold values in hole 11, the last hole on this panel was drilled to 596 m which was the power limitations of the drill. This hole encountered the galena veinlet bearing zone, the sulphide rich sections as seen in hole 11 as well as the depth extension of the Upper Montrose zone.
Drilling is continuing from pads just west of the first panel of holes once space is created. Upon completion of testing of the Lower Montrose zone, the companies plan to drill the Upper Montrose zone located along Lydden Creek.
gsfl
13 years ago
Decade Resources Ltd.: Step-Out Drilling Started on Upper Montrose Zone
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 8, 2011) - Decade Resources Ltd. (TSX VENTURE:DEC) ("Decade" or the "Company") reports it has completed preliminary modeling of the high grade gold bearing Upper Montrose zone at its Red Cliff project in Northwestern British Columbia. The Red Cliff is a gold/copper property consisting of 8 Crown granted mineral claims located approximately 25 miles north of the town of Stewart, British Columbia. Access to the property is via drill roads off the paved highway 37A.
At Red Cliff, fine visible gold is associated with a stockwork of quartz-chalcopyrite-pyrite stringers occurring along a 30 metre wide shear zone. Strong disseminated and fracture filled pyrite mineralization as well as galena-sphalerite-chalcopyrite-visible gold form an envelope to the above stockwork mineralization.
Recent modeling indicates there are 2 different gold bearing zones rather than a single zone along the north side of Lydden Creek, as first thought. In addition, it has been determined that the upper Montrose Zone strikes southwest-northeast, dipping at shallow angles to the northwest, not striking to the northwest and dipping to the east as earlier interpreted. Indications are that several of the holes drilled in 2010 at Red Cliff were drilled parallel to or beneath the zone due to this early misinterpretation. Two plan maps outlining the previous and recent interpretations of the Montrose Zone have been added to the Company website.
To date, a total of 10 drill holes have been completed southwest of all previous drilling. Results of this drilling confirm the new interpretation that the zone does trend southwest-northeast and dips to the northwest. These holes have intersected wide zones of chalcopyrite and pyrite stringer mineralization with associated visible gold. Early results are expected with 10 days.
New modeling and the recent drilling confirms the upper Montrose zone is open along strike and down dip. The Company plans to continue drilling through the fall season and is considering adding a second drill.
Ed. Kruchkowski, P.Geo., a qualified person under National Instrument 43-101, is in charge of the exploration program on behalf of the Company. All samples are assayed by AGAT Laboratories of Mississauga, Ontario.
About Decade Resources:
Decade Resources Ltd. is a Canadian based mineral exploration company actively exploring its portfolio of projects in northern BC. The Company holds an extensive portfolio of exploration projects including: 60% interest in the Red Cliff property; an option to earn a 100% interest in the Silver Crown 6 claim, adjoining the Red Cliff property to the north; 100% interest in a large property underlain by copper-gold mineralization in the Kitimat area; claims located over the former Goat Mine, a small producer in the 1970's, approximately 34 kilometres northeast of Stewart and 5 kilometres north of the Stewart highway (37A) along the BA massive VMS horizon; 70% interest in the Stamp claims adjoining the BA claims hosting the BA massive VMS horizon; a large property just east of the former Premier mine underlain by copper-gold and silver base metal showings and a 50% interest in claims near the New Gold deposit at Blackwater.
ON BEHALF OF THE BOARD
Ed Kruchkowski, President