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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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Comment by frenchfry1on Jul 21, 2014 5:56pm
192 Views
Post# 22767509

RE:RE:RE:RE:photo of core up showing visual gold

RE:RE:RE:RE:photo of core up showing visual goldactually in 2009 the price went to $7.50 in todays post consolidated world or $1.50 in the preconsolidated time, you look at a 10-year dec graph now you will see the peak at around $8.00 in 2009, shares out then were around 20 million preconsolidated or 4 million post consolidated I have enclosed the news article from 2009 that is associated with the spike to $8.00 Decade drills 24.7 m of 20.87 g/t Au at Red Cliff 2009-10-01 11:50 ET - News Release Mr. Ed Kruchkowski reports 24.7 METRES GRADING 20.87 GRAMS PER TONNE GOLD INTERSECTED IN DDH-MON-2009-6 Decade Resources Ltd.'s diamond drilling continues to intersect wide zones of gold mineralization in an extension to the bonanza gold-bearing Montrose zone at its Red Cliff project in northwestern British Columbia. Locally fine visible gold is associated with a stockwork of quartz-chalcopyrite-pyrite stringers occurring along a 30-metre-wide shear zone. Strong disseminated and fracture-filled pyrite mineralization as well as galena-sphalerite-visible gold form an envelope to the above stockwork mineralization. The only surface exposures of the Montrose zone occurring along the canyon walls of Lydden Creek are up to 30 metres wide. To date, 11 diamond drill holes have been completed on the Montrose zone within the Waterloo Crown-granted claim on the north side of Lydden Creek. Decade has previously released gold assay results for DDH-Mon-2009-1 to DDH-Mon-2009-4, drilled 500 metres north of the Montrose exposure in canyon walls. DDH-Mon-2009-5 and DDH-Mon-2009-6 were drilled 30 metres south of the first pad to test for depth and southern extensions of mineralization intersected near the top of the first four holes. GOLD ASSAY RESULTS FOR DDH-2009-MON-5 AND 6 Interval DDH From (m) To (m) length (m) Au g/t Mon-2009-5 38.72 78.35 39.63 4.75 and 87.50 96.18 9.15 1.67 Mon-2009-6 53.66 108.84 55.18 9.64 including 53.66 78.36 24.7 20.87 including 53.66 57.32 3.66 38.71 including 69.36 71.49 2.13 142.2 The true width of the Montrose zone appears to be 30 metres, similar to that exposed in Lydden Creek. The drill has been moved from the north side of Lydden Creek to test approximately 700 metres south of DDH-Mon-2009-1 to DDH-Mon-2009-10 on the Little Pat fraction while the company applies for permits to construct further roads and drill pads north of the above holes. During the move, the company collared DDH-Mon-2009-11 approximately 150 metres east and 100 metres below discovery hole DDH-Mon-2009-1 to test for the Montrose zone at depth. The hole intersected a quartz-chalcopyrite-pyrite stockwork approximately 200 metres below surface and 150 metres below the Montrose zone intersected in DDH-Mon-2009-1 to DDH-Mon-2009-4. The Montrose zone in DDH-Mon-2009-11 consists of chlorite-sericite altered rocks containing a quartz-sulphide stockwork that was intersected over a width of 20 metres. The mineralization encountered is similar to that in DDH-Mon-2009-1 to DDH-Mon-2009-6 with visible gold noted within the sulphide stockwork. In addition, the company plans to drill for depth extension to the Montrose zone using drill platforms in the Lydden Creek valley bottom. The valley bottom elevation is 300 metres lower than the average elevation of the DDH-Mon-2009-1 to DDH-Mon-2009-10 drill collars. The intent of these next few drill holes is to test for gold tenor across the entire zone in the area of the past mining activity and to test 300 metres below creek bottom which would extend the mineralized zone to a depth of 600 metres. In the area of historic mining activities, the Montrose zone has been mapped as a 30-metre-wide northerly trending mineralized stockwork with a steep dip to the east. Except for the creek bottom pads, the company will use the presently available roads for drill pads in order to provide data on possible dimensions of the Montrose zone, both laterally and vertically. It should be noted that the company has received many calls regarding mineralization observed in DDH-2009-9 particularly a silicified and pyritized intrusive. This mineralized section which is west of and at depth below DDH-Mon-2009-1 to DDH-Mon-2009-4 does not appear to be related to the Montrose zone and is likely a different mineralizing event. Recent surface work has indicated that the mineralization is similar to outcropping identified to the southwest of DDH-Mon-2009-9 and DDH-Mon-2009-10 along Lydden Creek. At present, the company has not logged, processed or shipped for assay any core since DDH-Mon-2009-6 while it worked to clear up outstanding corporate issues. All drill core is stored in the company's facilities in Stewart and field geologists and exploration crews have begun dealing with this backlog. Ed Kruchkowski, PGeo, a qualified person under National Instrument 43-101, is in charge of the exploration program on behalf of the company. All samples are assayed by Assayers Canada of Vancouver, B.C. The assay lab crushes and pulverizes the core samples and assay for gold using fire assaying. The gold content is then determined by atomic absorption. Silver, copper, lead and zinc are digested in an aqua regia solution and content determined by atomic absorption.
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