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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
Comment by Campinon Sep 10, 2014 2:26pm
160 Views
Post# 22924162

RE:RE:RE:BMR's Comment

RE:RE:RE:BMR's CommentThis is a good write up on grade smearing (what BMR is alluding to):here

From the article and I think this applies to DEC here:
"Narrow vein hosted gold deposit (like an epithermal gold deposit) and the high grade zone is continuous through several drilled intervals. The low grade zone may be an alteration halo that could be used track deposit continuity and target higher grade zones. It may also be above the cut-off grade especially in an open pit mining scenario. In this case it is a perfectly legitimate and positive result."

also

"This could be an isolated “nugget effect” anomaly. Not within a continuous zone and not found elsewhere. In a very early stage exploration project this could be a target worth following up on. In a more advanced project the result may be meaningless."

Bullboard Posts