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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

Comment by OgnyQ4on Dec 30, 2020 4:15pm
159 Views
Post# 32199549

RE:Next Eskay in the making

RE:Next Eskay in the makingTHAT'S WHY I... would not be surprised if Decade halts for news.
OgnyQ4 wrote:

 

 

  •  Ed knows Del Norte better than anyone.  This is a unique opportunity that does not come along very often. That is why he is buying.  


  • Intersecting visible gold in a drill hole, particularly the first one in a given area, is a rare occurrence…...Hitting visible gold in the first hole in the Del Norte-Lord Nelson boundary area confirms the potential of this new zone and validates the high-grade gold results obtained in surface sampling


  • Del Norte is a large property cut by three gold-bearing streams and featuring multiple styles of mineralization: vein, breccia, massive sulfide and porphyry.
    Each area in the Stewart area that has placer gold also has a mine/deposit associated with it.


  •  All three streams cutting across the Del Norte property contain placer gold: Nelson Creek, Porter/Del Norte Creek and Willoughby Creek. Nelson Creek was reportedly quite rich in placer, and placer mining was conducted by Cominco in the 1930's, with a fair amount of coarse gold reported.
    To date, the source of that gold has never been discovered.

 

  • Skin in the game and not selling   -   :   Eric Sprott :  Common shares 15 000 000             warrants 15 000 000 (average 7,5cents)            Eduard Kruchkowski :  Common shares   8 253 000 warrants   1 250 000

 

  • If Ed and the team can prove up continuity with drill hits from the 14oz zone at the Lord Nelson/Del Norte border all the way down to the K zone with the LG, Argo and Eagles Nest in the middle then we are talking about a zone of gold/silver/metals approximately 1km wide and nearly 4km long! 

 

 

 

 

I would not be surprised if Decade halts for news.

 


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