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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

Comment by OgnyQ4on Dec 04, 2020 10:23am
122 Views
Post# 32036366

RE:RE:Why should I buy?

RE:RE:Why should I buy?
fourbarrels wrote: All availble in the recent updates fromm the company but here is it in a nutshell. 

High lights of the 2020 Del Norte drilling include:
  • Drilling 5975 m of NQ core in 31 drill holes.
  • Drilling 2 holes on the K-zone.
  • Drilling 13 holes on the Argo zone.
  • Drilling 7 holes on the Eagle’s Nest zone.
  • Drilling 9 holes on the “14” oz zone.
Highlights of work to date on the Lord Nelson property include:
  • The newly defined zone called the “14 oz zone is along the Lord Nelson/Del Norte property boundary.
  • Exploration on the Lord Nelson tenures indicate gold-copper bearing zones that occur over an area at least 120m to 200m wide.
  • Work to date indicates that the zones appear to occur over at least 1.2 km long with copper mineralization located along a ridge top NW of the ‘14’ oz zone.
  • Gold values ranging from 0.7 g/t to 475 g/t and copper values ranging from 1.4 to 11.9 % in grab samples were obtained.
  • VG identified in surface channel saw cuts on the “14 oz” zone.
  • 10 m wide chalcopyrite rich zone with VG in the first drill hole on the Del Norte/Lord Nelson boundary.

Eric Sprottparticipated in 2 PP's with the last at $0.10 and holds a significant position 
CEO purcahsed 500k shares in Nov at $0.06
Drill results pending (expect to see results News in Dec & Jan)

Hope it helps.
 


Also.... Over 20 million shares was trade between 5 and 5,5 during the last 10 days, forming strong support levels. IMO downside is limited to this levels.... Upside from the other side is UNLIMITED. STEWART area is very HOT place right now. DEC is waiting 6000 metres drilling results. Market cap is 10million usd. NO BRAINER......
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