RE: RE: Is it time to buy more?Decade Resources drills 16 holes at Red Cliff
2009-10-07 12:08 ET - News Release
Mr. Andrew Bowering reports
DECADE RESOURCES LTD.: CORPORATE UPDATE
Sixteen diamond drill holes have been completed on Decade Resources Ltd.'s Red Cliff project in northwestern British Columbia. Of the 16 holes, 11 were drilled north of Lydden Creek within the Waterloo Crown-granted claim. Assay results have been received and reported for drill holes DDH-Mon-2009-1 to DDH-Mon-2009-6. Core logging, cutting and sampling are progressing with assay results for DDH-Mon-2009-7 to DDH-Mon-2009-11 expected to be available within the next seven to 10 days.
Following completion of DDH-Mon-2009-11, the drill was moved from the north side of Lydden Creek to test approximately 700 metres south of discovery hole DDH-Mon-2009-1 on the Little Pat claim fraction while the company applies for permits to construct additional roads and drill pads to the north. A total of five holes, DDH-LP-2009-1 to DDH-LP-2009-5, were completed to test the zone in this area. While there are no indications of previous drilling in this area, chip sampling of a rusty rock face exposure in Lydden Creek during previous work in the 1980s returned 11.4 grams per tonne gold (g/t) over 9.5 metres. Descriptions of the gold-bearing samples from the surface sampling indicated that gold values are associated with pyrite rather than chalcopyrite/pyrite as in holes DDH-Mon-2009-1 to 6. Intersections of the zone in drill holes DDH-LP-2009-1 to DDH-LP-2009-5 on the south side of Lydden Creek host a silicified rock with strong brecciation and associated pyrite filling the fractures. The brecciated rock is very similar to the west edge of the mineralized zone encountered in DDH-Mon-2009-5 and DDH-Mon-2009-6 where a silicified and brecciated rock with associated pyrite filling fractures assayed