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Decade Resources Ltd V.DEC

Alternate Symbol(s):  DECXF

Decade Resources Ltd. is a Canadian based mineral exploration company seeking opportunities in the resource sector. The Company holds numerous properties at various stages of development and exploration from basic grass roots to advanced ones. Its properties and projects are all located in the Golden Triangle area of northern British Columbia. Its projects include Grassy, Premier East, Red Cliff, Lord Nelson, Del Norte and Terrace. The Terrace project includes Terrace Gold, Kleanza, Dardanelle, Treasure Mountain and Nobody Knows. The Company owns 100% of Goat property. The Copper River Valley properties are comprised of three main claim blocks; Terrace Gold-Darranelle-Treasure Mountain group of claims located in northern British Columbia. The property consists of 52 contiguous mineral claims. The Grassy property contains approximately 830.20 hectares in two separate claims which are owned 100% by the Company. The Red Cliff project consists of approximately eight mineral claims.


TSXV:DEC - Post by User

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Post by tofurkeyon Dec 16, 2009 4:02pm
532 Views
Post# 16594124

jumped on news

jumped on newsDecade Resources Ltd.: Further Gold and Base Metal Assays
Last Update: 11/19/2009 12:49:18 PM

STEWART, BRITISH COLUMBIA, Nov 19, 2009 (MARKETWIRE via COMTEX) --Decade Resources Ltd. ("Decade" or the "Company") (DEC) reports thatassay results have been received for another 10 holes from the RedCliff drilling. Base metal values from DDH-2009-Mon-6 to all therecently received drill hole assays are available. Appreciable copper,silver and zinc are associated with some of the previously reportedgold intersections. Copper values in heavily pyritized intrusiveindicate the possible presence of nearby copper-gold porphyry.

There are 12 drill holes currently that are awaiting results from the assay lab. These holes are located along Lydden Creek.

From To Width Au Ag Cu Zn
(m) (m) (m) g/t g/t % %

Mon-2009-6

53.66 78.36 24.7 20.87(i) 5.43 0.50 --

Mon-2009-9

9.15 15.85 6.71 4.98(i) 15.11 0.21 6.23

and

42.38 57.62 15.24 5.69(i) 5.4 0.70 ---

and

216.16 219.21 3.05 0.01 0.3 0.17


and

228.35 237.5 9.15 0.10 3.83 0.374


Mon-2009-10

7.16 13.11 5.95 2.15(i) 8.62 0.27 3.47

and

42.99 57.62 14.63 1.89(i) 1.87 0.18 0.12

and

112.50 121.65 9.15 0.23 1.83 0.30 ---

Mon-2009-11

191.01 203.66 12.65 5.27(i) 4.27 0.411 0.166

LP-2009-2

126.52 129.57 3.05 2.49 0.4 --- ----

LC-2009-17

122.56 128.05 6.71 10.42 1.218 0.05 ----

(i) previously reported value.

Based on the drilling on the Little Pat Fraction, it appears that drillholes were located west of the Montrose zone and did not intersect thiszone. The presence of faulting and post mineral dykes has greatlydisrupted and displaced mineralization along Lydden Creek. Beforefurther drilling is conducted in the area of Lydden creek, structuralstudies will be carried out to help in locating drill hole locationsfor the 2010 program. During the 2010 program, the Company plans todrill at the south end of the property where pads are already built andin the area of 2009-Mon-1 to 11.

To date, mineralization has been outlined over 1.5 kilometers of strikeand is open along strike and at depth. This distance extends from thearea of DDH-2009-Mon-1 to 11 to the portals at the south end of theproperty along Lydden Creek. In the area of DDH-2009-1 to 11, the zoneis obscured by talus towards the northwest. At the south end of theclaims, parallel copper-gold zones are indicated in the portal area ofthe original Red Cliff mine workings. To date, exploration has onlytested a very small portion of this system.

Ed. Kruchkowski, P. Geo., a qualified person under National Instrument43-101, is in charge of the exploration program on behalf of thecompany. All samples are assayed by Assayers Canada of Vancouver, BC.

Decade Resources Ltd. is a Canadian based mineral exploration companywhich is actively seeking opportunities in the resource business. TheCompany holds an option to earn up to an 60% interest in the Red Cliffproperty with an option to earn an additional 20%, dependent onexchange approval, by making certain cash and share payments toMountain Boy Minerals Ltd and incurring exploration expenditures.Decade also has an option to earn a 100 % interest in the Silver Crown6 claim, adjoining the Red Cliff property to the north.

ON BEHALF OF THE BOARD

Ed Kruchkowski, President
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