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Decade Resources Ltd V.DEC

Alternate Symbol(s):  DECXF

Decade Resources Ltd. is a Canadian based mineral exploration company seeking opportunities in the resource sector. The Company holds numerous properties at various stages of development and exploration from basic grass roots to advanced ones. Its properties and projects are all located in the Golden Triangle area of northern British Columbia. Its projects include Grassy, Premier East, Red Cliff, Lord Nelson, Del Norte and Terrace. The Terrace project includes Terrace Gold, Kleanza, Dardanelle, Treasure Mountain and Nobody Knows. The Company owns 100% of Goat property. The Copper River Valley properties are comprised of three main claim blocks; Terrace Gold-Darranelle-Treasure Mountain group of claims located in northern British Columbia. The property consists of 52 contiguous mineral claims. The Grassy property contains approximately 830.20 hectares in two separate claims which are owned 100% by the Company. The Red Cliff project consists of approximately eight mineral claims.


TSXV:DEC - Post by User

Bullboard Posts
Comment by freedom045on Jul 19, 2012 4:52pm
144 Views
Post# 20132782

RE: RE: RE: RE: todays news

RE: RE: RE: RE: todays news

The Management of Mountain Boy Minerals Ltd. and Decade Resources are pleased to provide the following Project Summary

Mountain Boy   0.055  0.00

The property consists of eight contiguous Crown Granted claims (Decade 65% and Mountain Boy 35 %), plus the Silver Crown 6 claim block (100 % Decade) located in the Stewart area of British Columbia. The property referred to as the Redcliff- Montrose is accessible by road and is underlain by lithologies of the middle Jurassic and upper Triassic Hazelton Group. These rocks host significant precious and base metal deposits in the Stewart Camp including the Premier Silbak, Silver Coin, Brucejack Lake, Sulphurets-Mitchell Creek, Red Mountain and Eskay Creek deposits.

The project hosts numerous zones of gold-copper mineralization which align in a north – south direction along the length of the property. These zones are present in a major shear system up to 30 metres wide that contains andesitic volcanic and andesite dyke host rocks that have been faulted, weakly to strongly silicified with the emplacement of different types of gold bearing mineralization. This shear zone has been outlined along 3 kilometres of strike with drilling having only tested 200 metres north of Lydden Creek and 100 metres along the south end where historic mining of copper-gold mineralization occurred.

In 2012, a total of 49 holes have been completed. Assays have been obtained for the first 9 holes and have been released in a press release dated June 7, 2012. Drilling is hampered by the steep terrain along Lydden Creek and has been located from available drill pad sites. The drilling included the following:

1.      20 holes to test the Lower Montrose zone,

2.      3 holes to test the Upper Montrose at depth in the area of the Lower Montrose

3.      the Upper Montrose zone approximately 150 metres north of the Lower Montrose drilling.

 

Based on the 2012 drilling, mineralization on the property includes the following:

  1. Quartz-sulphide zones up to 6-7 metres wide containing pyrite, pyrrhotite and minor chalcopyrite traced over 200 metres of depth through drilling that is located in the west side of the main Upper Montrose zone.
  2. Semi-massive to massive pyrite-chalcopyrite veins forming 30% of the intersected rocks forming tabular zones up to 20 metres thick along the Upper Montrose zone.
  3. Galena-sphalerite-chalcopyrite veinlets with occasional visible gold that form stockworks along the wall areas to pyrite-chalcopyrite mineralization.
  4. Quartz-pyrite-chalcopyrite veinlets with occasional visible gold that form stockwork zones up to 20 metres wide.
  5. Massive chalcopyrite veinlets with visible gold that form zones up to 5 metres in width.

 

Sorry I missed that part first time around

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