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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

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Post by CoastalTraderon Jan 16, 2020 1:44pm
106 Views
Post# 30561173

This Time?

This Time?Good luck Big Ed. It is time for a winner.  You got your hands on a pretty interesting property.  Tell us more.
CT.  

Decade samples 19.6 g/t Au, 3,920 g/t Ag at Del Norte

2020-01-16 09:11 ET - News Release

Mr. Ed Kruchkowski reports

DECADE SAMPLING CONFIRMS HIGH GRADE GOLD-SILVER VALUES ON DEL NORTE PROPERTY

Decade Resources Ltd. has received assays for a sampling program on the Del Norte property. The property located 34 kilometres east of Stewart, BC is comprised of 5,830.16 ha in 13 separate claims. Decade geologists as part of the Company due diligence, checked for a south extension to the gold-silver bearing structure identified and to confirm high grade values at the most southerly exposure previously explored.

Sampling includes:

  • 19.6 g/t gold and 3920 g/t silver
  • 7.53 g/t gold and 794 g/t silver

Sampling was carried out in the area of mineralization previously identified as follows:

  • Surface grab sampling in the area of a historic trench that assayed up to 3910 g/t silver and 19.5 g/t gold.
  • It was also in the area of the above trench and drilling that intersected 1208 g/t silver and 26.54 g/t gold over 4.05 m.

Highlights of this 2019 sampling are as follows:

Sample No. Sample Type Gold g/t Silver g/t Copper % Lead % Zinc % DNK19-5 grab 19.6 3,920 0.58 1.91 2.7 DNK19-7 grab 6.21 87.9 0.20 1.91 2.51 DNK19-10 grab 7.53 794 0.07 3.17 1.7 A19-258 1.1 m chip 6.59 91.4 0.32 2.06 2.01

A sample of rusty quartz with no obvious sulphides was collected approximately 350 metres south (across a large snow patch) from the location of the above sampling. The sample which has significant gold and silver values, 0.5 g/t gold and 25.8 g/t silver was very likely taken from the area of structure extension to the south. 

  • Float rocks in the projected area of the northern extension of the zone ( 1000 m north of the initial 2002 discovery) returned assays of 186.2 g/t gold and 40.9 g/t gold

The Company is also divesting of non-core properties that it has in the Stewart area of BC as well as having discussions with potential JV partners. The Company has returned the Crest property to the arm length vendor for acquisition cost plus exploration expenditures.

Ed Kruchkowski, P. Geo., a qualified person under National Instrument 43-101 is responsible for the contents of this release. E. Kruchkowski is not independent of Decade as he is the president of the Company.


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