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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 19, 2021 9:01pm
176 Views
Post# 32617035

Vis Gold in First drill Hole is one of many reasons I'm here

Vis Gold in First drill Hole is one of many reasons I'm here

Old News release Below:

DECADE'S FIRST DRILLHOLE INTO DEL NORTE-LORD NELSON BOUNDARY AREA INTERSECTS 10 METRES; MINERALIZED WITH CHALCOPYRITE AND VISIBLE GOLD

Decade Resources Ltd. has provided an update on exploration on the Del Norte and Lord Nelson properties optioned from Teuton Resources Corp., 34 kilometres east of Stewart in British Columbia's Golden Triangle.

Highlights of the latest exploration indicate the following:

 

  • 10-metre-wide chalcopyrite-rich zone with visible gold in the first drill hole on the Del Norte/Lord Nelson boundary;
  • VG identified in surface channel saw cuts on the 14-ounce zone;
  • Wide mineralized intersection on the Argo zone (Del Norte property);
  • Drilling has intersected a second mineralized zone located west of the Argo zone.

 

The company has completed over 6,000 m of drilling in 23 holes to date testing three targets: the Argo zone (a 115 m wide north-south zone of deformation), the newly discovered Eagle's Nest zone and the newly discovered 14-ounce zone, the latter in the boundary area between the Del Norte and Lord Nelson properties. The drilling on the Argo and Eagle's Nest zones has indicated that mineralization is hosted by black mud lapilli tuffs that appear to have repeat sections due to thrusting and faulting. Mineralized zones host various sulphides including pyrite, sphalerite, galena and tetrahedrite along with sections mineralized by fine acicular arsenopyrite. Intersections in the Argo zone have been up to 30 m long within some of the drill holes. Drilling in 2020 has outlined the Argo zone over at least 500 m of strike length, open to depth and along strike. Logging and diamond sawing of the core continue with two separate core cutting stations. Assays are awaited.

Ed Kruchkowski, president of the company, states: "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. We are very pleased with this result and also with the lengthy intersections being obtained in the Argo drilling."

Exploration work is being conducted from Stewart in order to avoid a camp situation that may lead to health concerns due to the COVID-19 virus. The company uses a Stewart-based helicopter for support. A pad building crew, diamond drill crew and support staff mobilize on a daily basis from a staging area near the project. The geological crew is one that the company has relied on for a number of years and which has intimate knowledge of the property.

All drill cores in this program are NQ in size. The core is brought into Stewart on a daily basis where it is logged for cutting on a diamond saw. Assays are to be completed on sawn half cores, with the second half kept for future reference. The samples will be analyzed using 30-element ICP and standard fire assay procedures with atomic absorption (AA) finish on samples yielding a grade higher than 10 grams per tonne Au. Standard reference materials and blank samples were inserted prior to shipment for quality assurance and quality control (QA/QC) program.

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

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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