The game for many juniors has those who wish to do a cheap financing dumping shares in order to keep the prices stupid. Not hard to do with those who have dough or who may be looking for cheap takeovers.
Time to refresh our knat like attention spans to post the long history of gret results for DEC. The recent and forth coming drill results just keep adding icing to the cake.
"No matter how you cut it Decade has coveted, high grade, easily recoverable resources in the ground with huge blue sky potential. All potential junior partners/acquirers are playing hardball to their own detriment. They will wake up one day soon and wished they had made a good offer. $1/share in retrospect will look offensive. Decade also has a valued 43-101 in its pocket plus ongoing, eye opening drilling results with incredible upside exploration promise. It has a long history, in a great environment, in one of the best countries in the world. See SEDAR official site:
https://www.sedar.com/GetFile.do?lang=EN&docClass=7&issuerNo=00025728&issuerType=03&projectNo=02813086&docId=4376815 for the latest MD and A. from August.
We will soon have more results: “
The Company has completed 48 drill holes, 37 south of Lydden Creek (Waterpump zone) and 11 north of Lydden Creek (Montrose zone). Drilling is continuing on the Red cliff property and assay results will be released when received.” Background:
On December 16, 2014, Decade announced the filing on SEDAR of a NI 43-101 report for the Red Cliff property. The National Instrument 43-101 report on the Red Cliff property prepared by Dr. Lawrence Di-k, PhD, PGeo, states that a preliminary characterization of the mineralized system hosting gold at Red Cliff is as follows:
Mineralization consists of gold-bearing zones that are hosted by a 30-metre-to-40-metre-wide, near- vertically dipping shear zone, which can be traced for over two kilometres, trending north-south, within the
Gold-bearing mineralized zones, within the shear zone, have been intersected over a vertical distance of approximately 700
Multiple gold-bearing mineralized zones have been identified within the wide shear
Gold is associated with abundant chalcopyrite and pyrite, most commonly in sulphide-bearing veins within the shear, as well as gold-bearing stockwork zones outside of the vein
Gold is associated with fine galena-sphalerite veinlets along fracture zones peripheral to the chalcopyrite-pyrite
Gold is associated with sparse chalcopyrite, pyrite, hematite and epidote in quartz
Highlights of drilling along the 2.5 kilometre shear zone outlined to date include some of the following gold intersection results:
63 grams per tonne gold over 12.2 metres of core length in DDH 2009 MON-2;
94 grams per tonne Au over 25.91 metres of core length in DDH 2010 MON-31;
91 grams per tonne Au over 7.47 metres of core length in DDH 2011 MON-11;
53 grams per tonne Au over 30.64 metres of core length in DDH 2011 MON-27;
85 grams per tonne Au over 10.28 metres of core length in DDH 2011 MON-29;
32 grams per tonne Au over 8.32 metres of core length in DDH 2011 MON-37;
51 grams per tonne Au over 4.27 metres of core length in DDH 2012 MON-03;
88 grams per tonne Au over 14.02 metres of core length in DDH 2012 MON-24 Complete results can be viewed in the NI 43-101 report on SEDAR.
2017 Exploration Program 5 holes were completed on the Red Cliff zone and 35 holes were completed on the Montrose zone, approximately 1.2 kilometres to the north.
Highlights include:
Indication of multiple gold-bearing sections within the Montrose zone;
Extension of the Montrose to depth and along strike;
Intersection of 19.9 grams per tonne gold over 4.12 metres at 311 m depth in DDH-17-M0N-5;
Intersection of 14.93 grams per tonne gold over 8.38 metres in DDH-17-M0N-18;
Intersection of 9.5 grams per tonne gold over 10.98 metres in DDH-17-M0N-27.
Chip sampling of 19.2 g/t gold over four m on the Waterpump zone;
Chip sampling of 390 g/t gold over five m on the Lower Montrose zone.
Numerous gold-bearing zones within the Montrose structure in DDH-2017-7;
Intersection of 14.6 grams per tonne gold over 2.20 metres in DDH-17-MON-8;
Intersection of 13.9 g/t over 2.04 m in DDH-17-MON-31;
Intersection of 13.7 g/t over 3.05 m in DDH-17-MON-31;
Intersection of 13.88 grams per tonne gold over 7.5 m in DDH-17-MON-38;
Intersection of 10.41 g/t gold over 22.87 m in DDH-17-MON-40;
Intersection of 7.21 g/t gold over 7.16 m in DDH-17-MON-41
During the 2017 program, exploration was aimed at the following:
Testing for depth extent of gold mineralization below previous drilling on the Montrose zone;
Extending the copper-gold mineralization at the Red Cliff zone;
Completing the surface geological mapping;
Locating and sampling the Waterpump zone;
Locating additional mineralization in the area of drilling;
Sampling previous drill holes from 2007 to 2016 that had weakly mineralized intrusive.
Plans for 2018
The work in 2018 will focus on the area around the 2017 drilling on the Waterpump zone. In addition,
surface sampling is being carried out to identify the area of a historical surface trench that assayed 64
grams per tonne gold over 1.37 metres over the Waterpump zone, uphill from the drilling. The company
has not verified this gold result and is using it for reference purposes only. Highlights of assays obtained
from the 2017 drill program on the Waterpump zone include:
Intersection of 13.88 grams per tonne gold over 7.5 metres in DDH-17-M0N-38;
Intersection of 10.41 grams per tonne gold over 22.87 metres in DDH-17-M0N-40;
Intersection of 7.21 grams per tonne gold over 7.16 metres in DDH-17-M0N-41.
To date, drilling in 2018 has intersected the Waterpump zone over core lengths of two metres to 20 metres
with quartz-pyrite-chalcopyrite and pyrite veins along stockwork zones, similar to the 2017 Waterpump
intersections. Along the east wall area of the stockwork zones, fine sphalerite-galena-pyrite-chalcopyrite
veinlets are present. Fine visible gold has been noted by the Decade geologists in core from several of the 2018 drill holes, both in the quartz-pyrite-chalcopyrite and sphalerite-galena veinlets.
The Company has transported its primary drill to the north side of Lydden Creek, where several drill holes
have been completed from one pad. Drilling is designed to expand and extend on results at the
northernmost drilling at depth. Drilling will be north of and below the following drill hole intersections:
Intersection of 5.18 grams per tonne gold over 12.65 metres in DDH-09-M0N-11;
Intersection of 11.0 g/t gold over 6.86 m in DDH-11-M0N-06;
Intersection of 28.10 g/t gold over 8.9 m in DDH-11-M0N-09;
Intersection of 43.91 g/t gold over 7.47 m in DDH-11-M0N-11.
Drilling will test from 150 m to 300 m below surface in this area.
The Montrose zone was intersected in both holes at intersection depths of 200 m to 230 m. Sulphide
mineralization was intersected in both holes over true widths of 10 to 15 m. A chalcopyrite stockwork zone
contained visible gold in both holes.
Decade Resources Ltd.
Management Discussion and Analysis
For the year ended April 30, 2018
Page 5
Decade Resources Ltd. has received the final assays for the first 23 holes drilled during the 2018 field
season. These 2018 holes were drilled to test the extensions of the 2017 drilling on the Waterpump zone.
Highlights of assay results for this drilling are shown in the attached table.
DDH No. From To Core length Gold g/t
MON-18-1 103.96 105.70 1.74 9.87
and 126.83 131.40 4.57 3.22
MON-18-3 111.59 115.24 3.66 1.82
MON-18-4 128.05 128.51 0.46 18.60
MON-18-5 139.33 142.38 3.05 1.95
and 145.43 148.05 2.62 1.80
and 160.47 161.89 1.22 1.48
MON-18-11 127.59 130.43 2.84 4.71
and 146.65 151.22 4.88 11.10
MON-18-12 135.52 136.28 0.76 3.94
and 140.34 144.88 4.54 12.11
MON-18-13 121.34 124.39 3.05 1.75
and 131.80 132.32 0.52 8.04
MON-18-17 147.71 148.32 0.61 5.08
MON-18-18 148.48 150.06 1.59 3.38
and 171.80 178.05 6.25 2.48
and 180.67 181.67 1.0 7.79
MON-18-20 157.26 158.35 1.10 2.68
and 159.76 160.67 0.91 1.01
and 163.72 166.77 3.05 2.05
and 169.62 172.67 3.05 3.72
MON-18-22 142.38 146.65 4.26 1.64
MON-18-23 110.27 110.73 0.46 4.52
and 120.73 127.90 7.2 6.3
Results of the 2018 drilling gives further confirmation that a strong gold-bearing system is present within
the Red Cliff property. To date 2018 results indicate:
The drilling on the north side of Lydden Creek (Montrose zone) is successful in extending the
down dip mineralization that averages 10 to 50 grams per tonne over widths up to 10 metres
(National Instrument 43-101 report completed in 2014).
The Montrose zone has been intersected at 250 m depths over intersection lengths of 20 m below
the above mentioned section.
Visible gold is observed in six of the 11 holes completed on the Montrose zone.
The higher-gold-grade intersections in the 2018 drilling indicate that the gold-bearing portion of
the Waterpump zone plunges steeply to the south.
Read more at https://www.stockhouse.com/companies/bullboard?symbol=v.dec&postid=28709837#suTyW6M8wtuG0FTk.99