DEC - Red Cliff
Here are a few bullets on DEC and Red Cliff from past commentary. With the PoG going strong, once they drill Red Cliff further we could easily hit $0.50 by the fall. IMO Ed Kruchkowski has been active in the region since 1969. Kruchkowski's familiarity led to the interest of both companies identifying the Red Cliff as a flagship-worthy project to undertake. In total, the project consists of eight claims along the Lydden Creek, and contains three main mineralization types: Fine pyrite, veins carrying coarse pyrite, and intensely silicified rocks. To date, the DEC/MTB joint venture team have identified four distinct gold bearing zones called the Red Cliff, Upper Montrose, Lower Montrose and Waterpump within the claims. Drilling on the property has intercepted very high-grade gold (5.69 g/t over more than 15 metres). Combining both the Red Cliff and Upper Montrose makes for a sizeable resource estimate.. The property is approximately 24 km from port, and less than 2 km off of a paved highway (Highway 37A). A power line runs directly beside the property. Port access to the region enhances the chances of finding a buyer, as trade routes between BC's west coast and East Asia are already well established; Much of the buying for gold ore for the world is done out of China or India. Red Cliff portion of the property alone runs 1-2% copper. The company could feasibly take the Red Cliff down to 700 meters of depth, with expectations of at least 22 meters of width in gold-bearing mineralization. The location and logistics are fantastic. When combining all of the projects in the Stewart district, there is literally 100 million ounces in that general area;