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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 Bigpaulbunyonon Nov 23, 2011 2:43pm
319 Views
Post# 19261679

more gold

more gold

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 23, 2011) - Decade Resources Ltd. ("Decade" or the "Company") (TSX VENTURE:DEC) reports it has received assay results for a further 8 drill holes and the rest of DDH-MON-11-17. These holes were completed on the Upper Montrose zone at its Red Cliff project in Northwestern British Columbia. The Red Cliff is a gold/copper property consisting of 8 Crown granted mineral claims located approximately 25 miles north of the town of Stewart, British Columbia. The Company's goal for the 2011 field season was to extend the zone up to 500 metres of strike and 250 metres of depth. The Company reports that this goal has been accomplished with further infill drilling required in 2012. Areas tested by the 2011 drilling are found at the company's website at www.decaderesources.ca.

A total of 44 drill holes were completed to intersect below and southwest of DDH-MON-2009-1-6 and below the furthest southwest holes completed in the 2010 drilling. DDH MON-11-44, the most southwesterly hole drilled intersected a 10 metre wide pyritic zone with minor chalcopyrite. In DDH-2009-CT-2, the pyritic rich zone assayed 9.22 g/t gold over 3.05 metres. The assays for DDH- MON-11- 1 to 16 and part of DDH-MON -11-17 have been announced in previous releases. The results are for holes that were completed west of DDH-MON 2009-1 to 6. Results of the latest holes shows a continuation of high gold values to the west in a down dip direction as follows:

DDH No. From (m) To (m) Width (m) Au g/t
DDH-MON-11-18 74.09 87.65 13.54 5.05
DDH-MON-11-19 23.63 25.61 2.02 67.40
and 72.67 82.01 9.14 3.97
DDH-MON-11-21 54.27 69.51 15.24 4.70
DDH-MON-11-22 53.66 67.84 14.18 18.01
DDH-MON-11-24 17.68 33.54 15.86 10.20
and 66.46 86.28 19.82 6.02
DDH-MON-11-27 96.49 100.00 3.51 9.30
and 102.90 133.54 30.64 14.60

Assays DDH-MON-11-20 and 23 have not been received.

In the 2012 drill season, it is planned to drill off roads completed southwest of the Upper Montrose zone along Lydden Creek. This would allow for the completion of numerous different drill pads in order to test from the hanging wall side of the zone.

All samples are assayed by Loring laboratories of Calgary, Alberta.

Ed Kruchkowski, P. Geo., a qualified person under National Instrument 43-101, is in charge of the exploration program on behalf of the Company and is responsible for the contents of this release. E Kruchkowski has conducted all the exploration on this property from 2007 to present and has logged and overseen the sampling of the core.

Decade Resources Ltd. 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 grass roots to advanced. Its properties and projects are primarily in Northern British Columbia. For a complete listing of the Company assets and developments, visit the Company website at www.decaderesources.ca.

ON BEHALF OF THE BOARD

Ed Kruchkowski, President

"This news release may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements."

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