newsDecade Resources Ltd.: CorporateUpdate
DecadeResources Ltd. ("Decade" or the "Company") (TSXVENTURE:DEC) reports that assay results will be released for another 10 holesfrom the Red Cliff drilling early next week. Assay results from the 6 holes onthe Little Pat Fraction and 4 holes from the Lydden Creek drill pad will bereleased. A total of 36 holes were completed on the Montrose zone, primarily onthe northern portion of the structure. Due the early winter snows, the drillsand crews were pulled off the property and all assaying is being completedunder normal assay procedures rather than rush assaying. Following release ofthe next set of results, there are 13 drill holes currently being logged,sampled and prepared for shipment to the assay lab.
The Companyis in the process of acquiring a large property underlain by Kuroko type VMScopper-gold mineralization in the Kitimat area of British Columbia.Chalcopyrite-gold mineralization is associated with volcanic rocks that containconformable, tabular zones of disseminated pyrite up to 60 meters wide. Thepyritic horizons are associated with felsic volcanic units and are similar topyritic horizons associated with many felsic-related volcanogenic massivesulphide deposits including the Kutcho Creek deposit in northern B.C. anddeposits hosted by the Sicker Group on Vancouver Island. Massive sulphide-typeshowings on the property area have been identified, over a distance of about 9km within a 150 meter thick horizon containing felsic rocks. Decade willrelease further information in the coming weeks as it secures surroundingground.
Decade plansto immediately conduct a program including soil sampling, mapping andprospecting using the existing logging roads in the area. The company isapplying for the necessary permits to conduct a drill program on the propertyas soon as possible. Due to the low topography and favorable location, the companyfeels that exploration can continue through the winter months.
EdKruchkowski, P. Geo., a qualified person under National Instrument 43-101, isin charge of the exploration program on behalf of the company. All samples areassayed by Assayers Canada of Vancouver, BC.
DecadeResources Ltd. is a Canadian based mineral exploration company which isactively seeking opportunities in the resource business. The Company holds anoption to earn up to an 60% interest in the Red Cliff property with an option toearn an additional 20%, dependent on exchange approval, by making certain cashand share payments to Mountain Boy Minerals Ltd and incurring explorationexpenditures. Decade also has an option to earn a 100% interest in the SilverCrown 6 claim, adjoining the Red Cliff property to the north.
ON BEHALF OFTHE BOARD
EdKruchkowski, President
"Thisnews release may contain forward-looking statements. Forward-looking statementsaddress future events and conditions and therefore involve inherent risks and uncertainties.Actual results may differ materially from those currently anticipated in suchstatements."
SOURCE:Decade Resources Ltd.
Decade Resources Ltd.
Andrew Bowering
604-662-8184