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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

Post by amxjavelinon Feb 04, 2021 11:43am
69 Views
Post# 32470595

Two NR this week things are picking up at the Labs?

Two NR this week things are picking up at the Labs?

I'll eat my Hat if we dont have more news out Next week!

Decade samples up to 52.6 g/t Au at Terrace property

 

2021-02-04 09:23 ET - News Release

 

Mr. Ed Kruchkowski reports

COMPANY SAMPLES HIGH GOLD ON THEIR TERRACE PROPERTY

Decade Resources Ltd. has received surface sample assays for a 2020 exploration program on the 100-per-cent-owned Terrace properties. These results from the Dardanelle zone have now been received and the company is reporting the significance of this sampling.

Highlights of the surface exploration indicates the following:

 

  • Quartz-sulphide mineralization is present on either one or both sides a felsic intrusive dike.
  • The mineralization has been traced over 600 metres and is open along strike and depth.
  • Sampling returned 52.6 g/t Au from the farthest east sampling.

 

Highlights of the sampling are shown in the attached table.

 

  Sample Type Au g/t Ag g/t Cu % Pb % Zn % DAR 1 Grab 3.850 6.5 0.011 0.204 0.0040 DAR 2 Grab 5.410 13.8 0.014 1.220 0.0046 DAR 3 Grab 1.410 68.0 1.220 6.340 0.0081 DAR 4 Grab 3.960 80.5 2.050 5.620 0.0087 DAR 5 Grab 1.780 59.2 0.660 3.850 0.0085 DAR 6 Grab 6.350 77.7 0.628 0.087 0.0019 DAR 7 Grab 4.360 43.9 0.467 0.042 0.0015 DAR 8 Grab 6.100 67.4 1.400 0.648 0.0033 DAR 9 Grab 0.042 1.4 4.930 0.010 0.0094 DAR 10 Grab 52.600 74.8 0.105 4.210 0.0995 DAR 11 Grab 3.730 19.2 0.036 8.950 0.0023 DAR 12 Grab 4.010 17.1 0.069 3.520 0.0021 

 

Grab samples are solely designed to show the presence or absence of any mineralization and to characterize the metal tenor in this mineralization. Grab samples are by definition selective and not intended to provide nor should be construed as a representative indication of grade or mineralization at the project.

Samples DAR 1 and 2 were grab samples collected from the dump at the portal to the 600 m long adit at the base of the mountain side. Samples DAR 3 to 8 inclusive were collected from a five m wide trench with one m of quartz-sulphide on the north side of a two m wide dike and two m of quartz-sulphide on the south side. The dike was not sampled. Malachite (copper carbonate) stained wall rock showed high copper value with low gold in sample DAR 9. Sample DAR 10 was a grab of red weathered outcrop at the east end of the zone approximately 600 m east of the adit. Samples DAR 11 and 12 were collected from dump material 50 m east and 25 m above the adit portal.

The company is in discussions with potential farm in partners on this property at present.

Analysis are performed by Activation Laboratories Ltd. in Kamloops, B.C.

The company is still awaiting the final assays for core from the summer's Del Norte drilling.

Ed Kruchkowski, PGeo, a qualified person under National Instrument 43-101, is responsible for the contents of this release. Mr. Kruchkowski is not independent of Decade as he is the president of the company.

Decade Resources is a Canadian-based mineral exploration company actively seeking opportunities in the resource sector. Decade holds numerous properties at various stages of development and exploration from basic grassroots to advanced ones. Its properties and projects are all located in the Golden Triangle area of Northern British Columbia.

We seek Safe Harbor.

© 2021 Canjex Publishing Ltd. All rights reserved.

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