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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

Bullboard Posts
Post by MxPxon Jul 24, 2014 6:47pm
192 Views
Post# 22780178

Liked the update today

Liked the update todayI understand that a lot of people lost money on Dec in the past however I feel it is biasing a lot of negative sentiment here. The release today was positive, Ed put it out to show the market that both holes logged so far have hit visible gold. Ed is also releasing results from the blueberry vein next seek which could further confirm the potential of the bow property and add momentum. This paragraph s from the decade website regarding 2013 drilling on the blueberry vein "Drilling intersected the Blueberry vein with intersections of massive pyrrhotite and pyrite. The drilling to the east of the Blueberry vein exposure indicated several different dykes in the area; namely a microdiorite and mineralized felsic dyke. Due to the intersection of a small core length of felsic mineralized dyke, trenching was carried out to expose the possible strike direction of this dyke. Trenching exposed a mineralized north-south dyke parallel to drill direction located at the east end of the Blueberry vein. This dyke was cut by numerous post mineral microdiorite dykes trending east-west. The mineralized dyke was up to 4 m wide containing stringers of massive pyrrhotite-pyrite-molybdenite and local massive arsenopyrite lenses. Sulphide content was approximately 20 % of the mineralized dyke. Coarse visible gold is present along the stringers associated with the molybdenite. Upon discovery of this mineralized dyke, trenching was carried out in the general area indicating several other parallel north--south mineralized structures south of the Blueberry vein. Trenching was conducted along 15 m of strike length. Soil geochemical surveys in previous exploration conducted in 1984 indicated up to 12.5 g/t gold in soils up to 50 m north of the trenched area.The Company has not verified this data and this information is used for reference purposes only."
Bullboard Posts