Decade Resources to begin sampling work at Red Cliff
2016-02-18 09:02 PT - News Release
Mr. Ed Kruchkowski reports
WORK COMMENCING ON RED CLIFF PROPERTY
Due to the low snow levels in the Stewart area, Decade Resources Ltd. will commence work on Red Cliff property. The Red Cliff property is a former-producing copper and gold property originally staked in 1908 and is located about 20 kilometres north of Stewart, B.C., in the Skeena mining division. It originally consisted of eight Crown-granted claims along Lydden Creek. The Crown-granted portion of the joint venture currently exploring the project is now owned 65 per cent by Decade Resources. The Silver Crown 6 claim, in which Decade is earning a 100-per-cent interest, is situated adjacent to the north portion of the Crown grants.
A National Instrument 43-101 report by Dr. Lawrence D, PhD, PGeo, filed on SEDAR, states: "Mineralization intersected on the property to date indicates that the gold-bearing system is open along strike and to depth. The system has characteristics of a mesothermal or deep-seated system and, as such, can be expected to have significant depth continuity, in addition to the along-strike continuity, which is being shown by drill results. The width of the hosting structure, presence of high grades of gold, zones of stockwork mineralization peripheral to the vein-hosted gold and associated sulphides, and depth extent shown by drilling indicate significant untested potential within this large system.
The company plans to conduct sampling to establish continuity along the 2.5-kilometre-long shear zone outlined to date. Highlights of drilling along this shear include some of the following gold intersection results:
- 10.63 grams per tonne gold over 12.2 metres of core length in DDH 2009 MON-2;
- 10.94 grams per tonne gold over 25.91 metres of core length in DDH 2010 MON-31;
- 43.91 grams per tonne gold over 7.47 metres of core length in DDH 2011 MON-11;
- 14.53 grams per tonne gold over 30.64 metres of core length in DDH 2011 MON-27;
- 10.85 grams per tonne gold over 10.28 metres of core length in DDH 2011 MON-29;
- 16.32 grams per tonne gold over 8.32 metres of core length in DDH 2011 MON-37;
- 62.51 grams per tonne gold over 4.27 metres of core length in DDH 2012 MON-03;
- 14.88 grams per tonne gold over 14.02 metres of core length in DDH 2012 MON-24.
Complete results can be viewed in the NI 43-101 report.
Ed Kruchkowski, PGeo, a qualified person under NI 43-101, is in charge of the exploration programs on behalf of the company and is responsible for the contents of this release. Mr. Kruchkowski has conducted all the exploration on behalf of the company on this property and was responsible for all the drill supervision, core logging and sampling from 2007 to present. Mr. Kruchkowski is not independent of Decade as he is the president of the company.
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