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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

Post by highperon Jan 15, 2021 7:46pm
155 Views
Post# 32312016

news file re kyba red line porphyries and P1

news file re kyba red line porphyries and P1

Also to be examined are the three “P” porphyry areas indicated by the Geotech survey.  The largest of these, the “P1”, straddles the border between the Horatio and Del Norte properties, both 100% owned by Teuton.  Because the center of this target is at high elevation and surrounded by steep slopes, no work has been done on it to date.  This area was designated for additional examination by geologists working for Teuton in the early 1990’s, but at that time the claims covering the “P1” were owned by another company.

The Horatio showing which lies in steep ground at the boundary of this circular target features massive sulfide float carrying high values in gold (up to 3.46 oz/ton or 118.6 g/t) and abundant sphaleriteMinor prospecting identified some lensoidal mineralization in place and also a vein occurrence higher up the hill which ran over 5 oz/ton gold (171.4 g/t).  Follow up work has been limited but the new Geotech information suggests much more work needs to be done in this area.

The “P2” target is on the Midas property (owned 75% by Teuton and 50% by Silver Grail) and the “P3” anomaly on the Konkin Silver (owned 50% by Teuton and 50% by Silver Grail).  Neither area has been previously investigated by Teuton personnel.   The contact between Triassic and Jurassic age rocks, known as “Kyba’s red line”, passes in close proximity to all of the “P” anomalies.  Jeff Kyba, formerly a geologist for the BC Ministry of Mines, has proposed a theory that states, among other considerations, that proximity to this contact is favourable for the discovery of large-scale porphyry deposits.  Mr. Kyba is now in private practice and is Vice President of Exploration for ArcWest Exploration, optionee of Teuton’s Lord Nelson property

https://teuton.com/geotech-ztem-survey-detects/

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