Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Decade Resources Ltd V.DEC

Alternate Symbol(s):  DECXF

Decade Resources Ltd. is a Canada-based mineral exploration company actively seeking opportunities in the resource sector. Its principal business activity is the acquisition, exploration and evaluation of mineral properties located in the Province of British Columbia, Canada. The Company has a 65% interest in the Red Cliff property in north-western British Columbia. It has 100 % interest in the Goat, Grassy, Premier East and Terrace area properties. Its projects include Red Cliff, Lord Nelson, Goat/Surprise Creek, Treasure Mountain, Terrace Property, and Del Norte Property. The Lord Nelson property is located 34 kilometers east of Stewart, British Columbia and is comprised of approximately 2630 hectares in six separate claims. The Terrace Properties are composed of three main claim blocks, namely Terrace Gold-Dardanelle-Treasure Mountain group of claims located about 10 to 35 air kilometers east of Terrace, British Columbia, on the side of the Zymoetz (Copper) River valley.


TSXV:DEC - Post by User

Bullboard Posts
Post by ozGoldbullon Sep 22, 2009 12:31am
145 Views
Post# 16326150

Better area play

Better area playis BTR.V, they have several historic showing within 1.5km from Decade. Go search the minfiles for spider 1-5, MJ, Iron Cap , and Lois showings. Stick with DEC and do your due diligence on the others.

OGB

Below is an excerpt

The Spider 3 occurrence is located about 500 metres northeast of the northern tip of Long lake, approximately 400 metres east of the Cascade River.

The Spider 1-3 claims (L. 4172-4174) were staked in 1918 by Hamilton and Larsen and optioned briefly the following year to Trites and Wood who carried out minor development work. In 1919, the Algunican Development Company Ltd. optioned the property and commenced exploration work. During 1919-20, a 213-metre long tunnel and a raise were completed on the No. 2 vein (described as the No. 5 vein in 1920), some drilling was performed on the No. 1 vein and open- cutting was done on the No. 3 vein. A southwest-trending crosscut was completed from the southeastern end of the tunnel to intersect the No. 3 vein at depth. The option was dropped in 1920. In 1925, B.C. Bonanza Mines Ltd. acquired the property. Open drifting was carried out that year on the No. 3 vein. The company also sorted and sacked ore, 1.8 tonnes from the dump of the old tunnel (No. 2 vein?) averaged 15.8 grams per tonne gold, 13,176.1 grams per tonne silver, 9 per cent lead and 13 per cent zinc and. From the opencut on the No. 3 vein, 4.5 tonnes assayed 15.1 grams per tonne gold, 12,531.5 grams per tonne silver, 8.4 per cent lead and 13.6 per cent zinc (Minister of Mines Annual Report, 1925, p. 107). In 1927, 1.2 tonnes were shipped and 9,611 grams of silver were recovered. The property subsequently lapsed and was purchased by Collart in 1934. In 1934, drifting to the southeast, from the end of the long tunnel and possibly on the No. 3 vein, and a raise above this drift were reported. In 1936, 2 adits were reported on the No. 3 vein and a small stope was noted in the tunnel on the No. 2 vein. Leasees carried out high grading operations during 1933-35. A total of 16 tonnes were shipped in four shipments which recovered an average of 13.7 grams per tonne gold and 6,449.2 grams per tonne silver (Minister of Mines Annual Report, 1936, p. B31), as well, Mineral Policy records production of 206 kilograms of lead for this period. The claims were held by Campbell in 1963. No further work has been reported on the property.

Bullboard Posts