Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Wangotango67on Apr 25, 2021 8:43pm
125 Views
Post# 33064570

THERE YOU GO - 2021

THERE YOU GO - 2021ONE LEVEL UP
reasearch one level up  = carnivor chain
a pitcture begins to take shape of how larger players shape and mold the district.

Some  - just buy out the junior with gold.
Other's use juniors like playing cards, trading them at will.
Years pass - investors come and go and it's literally a wicked time game.

Thing is - along the way juniors roll and investors get screwed over -
In this situation - there;s no excuse as to why decade should not have calculated a resource
3 - years ago -

MTB  just recieved a biscuit form Ascot - with their silver coin claims.
What has decade seen with the big ed at the helm ?
lol


The obvious party to takeout - decades 65% = Pretivm.
But... with al lthe shaking and swapping and merging going on around red cliff,
i'm more prone to beleive it might be the case of - 3 larger players - playing the card game 
to achieve same outcome as if one just walked in and bought the gold.

Same outcome = one party ends up with hte gold.
But - by using the card game tactic - allows one to grab t the gold all the cheaper.

if we scan the mine file on red cliff below -
One will see there have bene numerous years of drilling with some serious meters.
Along with these meters come some very exceptional  -  high grade gold.

NOW - scan to the year - 2018
see anytihng unusal ?
if you've sharp eyes you'd have noticed - decade - only wanting to calculate the high grade
ore zones - and i ask - what about the other gold zones = over all ounces of deposit ?
Ahhhh... perhaps 1report with 2 scenerios is best -  it would provide just a high grade zone and als oshow what the total resource ounces are. Wink.

Just refer to decade's 3D  video - and one will see it's far greater than 100m strike.
I'm thinking 600m +/- ( upper + lower montrose and water pump )

High grade zone ( i'll only use 200m depth instread of 400m depth - like 2018 wording )
100m x 100m x 200m x 2.8 ore weight x 5/grams ~ 31.1 ounces
= 900k ounces ( only example ) 

Over all ounces - longer strike 400m strike + 400m depth  ( example - 1 gram averaging )
400m x 100m x 400m x 2.8 ore weight x 1 gram ~31.1
= 1.4 / million ounces

In a former report - years back - decade suggested - a rough estimate of, near 2 million oz.
Now... only a roughshawd estimate - decade supposing the strike was longer at that time.
Pretty sure they already had it down pat @ 400m strike.
Which is why i stuck to 400m.

So... are we dealing with - big money players -  behind the scenes ?
Skirting behind small juniors - getting what they want - but investors aren't ?
Could these big player be using the junior card game -?
Or... am i wrong ?
Or... am i right ?
But... too cheap to coigh up - 200miilion - with the bonus of - keep the resource unmeasured ?
And.. .any potential gold zones that have not been drilled ?

Perhaps decade needs a mediator - instead of geologist -  iron out a deal - before another years passes and this stock  is literally chewed apart every drill in del never sees a proper 
reward all because another is eyeing pu ther red cliff ?

CRACKA DEAL = RESOLVE RED CLIFF FIRSTLY.
Using the 200/million shares out.
Then.. .by stil lusing the 200/miilion roll the stock = 1:2 and work the del + lord.
= Shareholders at least would get value for red cliff - and become the owner of a new stock
   applied to decades other claims.
= i would think the stock  would no longer have a tether attached.
= Red Cliff has some sort of hook in it... just my own opinions.

To... the poster who thinks it's - odd -  for posters to write posts - on wanting more value ?
My reply |?
I guess you've never been in stocks that have screwed you over ?
I could show you several i've experienced. ugh...
This post is certainly not investment advice - do your own dd.
And... my figures could be way off.

Cheers...   

MINE FILE REPORT -  RED CLIFF 

In 2007, a total of 8,555 meters of drilling was completed in 41 diamond drill holes on drill roads constructed during the field season. Drilling was primarily conducted in the area of the Red Cliff and Montrose Zones. Some of the drilling intersection highlights on the Red Cliff Zone include values up to 3.51 per cent copper and 2.2 grams per tonne gold over 4.02 metres in DDH-2007-RC-7, and 3.61 per cent copper and 1.76 grams per tonne gold over 10.73 metres in DDH–2007-RC-56 (as reported by Lawrence D-ick, 2014).

In 2009, Decade completed 5,227 metres of diamond drilling in 36 holes to test the area of the Montrose Zone. Drill intersection highlights include 32.52 metres of 7.53 grams per tonne gold and 0.17 per cent copper in DDH-MON-2009-16, and 55.18 metres of 9.64 grams per tonne gold and 0.21 per cent copper in DDH-MON-2009-6 (as reported by Lawrence D-ick, 2014).

In 2010, Mountain Boy optioned the property to Decade Resources Ltd. and the exploration program completed during the field season totaled 12,572 meters of drilling in 81 holes. Drill intersection highlights include 13.42 metres of 13.42 grams per tonne gold and 0.37 per cent copper in DDH-MON-2010-27, and 25.91 metres of 10.94 grams per tonne gold and 0.22 per cent copper in DDH-MON-2010-31 (as reported by Lawrence D-ick, 2014). These intersections were considered highly-potential for further exploration and mineralization definition and provided the impetus for further exploration on the property.

In 2011, the Joint Venture Partners (Mountain Boy and Decade) completed 6,166 meters in 44 holes. Drill intersection highlights include 15.86 metres of 12.04 grams per tonne gold and 0.40 per cent copper in DDH-MON-2011-15, and 12.80 metres of 18.01 grams per tonne gold and 1.52 per cent copper in DDH-MON-2011-22 (as reported by Lawrence D-ick, 2014). These intersections are core lengths and true widths could not be calculated since structural data was not conclusive at the time of drilling.

In 2012, the Joint Venture partners completed 13,240 meters of diamond drilling in 73 holes. Drill intersection highlights include 14.02 metres of 14.86 grams per tonne gold and 0.22 per cent copper in DDH-MON-2012-24 and 35.06 metres of 7.83 grams per tonne gold and 0.42 per cent copper in DDH-MON-2012-62 (as reported by Lawrence D-ick, 2014). Again, these results indicated that substantial potential exists in the gold-bearing hydrothermal system and that further drilling and/or underground workings are required to obtain a relevant mineralization resource.

In 2012, Mountain Boy Minerals Ltd, with joint venture partner Decade Resources Ltd, drilled 13,240 meters in 73 holes at the past producing Red Cliff copper-gold-silver-zinc property (MINFILE 104A 037). Drill intersection highlights include 14.02 metres of 14.86 grams per tonne gold and 0.22 per cent copper in DDH-MON-2012-24 and 35.06 metres of 7.83 grams per tonne gold and 0.42 per cent copper in DDH-MON-2012-62 (as reported by Lawrence D-ick, 2014). Most of the drilling focused on the Montrose zone (MINFILE 104A 033) approximately 1 kilometre north of the historic Red Cliff underground workings and approximately 20 kilometres north of Stewart. Drilling has yielded multiple significant gold intercepts proximal to historic workings including minor amounts of visible gold.

In 2016, Decade carried out geochemical surveys, rock sampling and a small diamond drilling program.

In 2017, Decade Resources Ltd. reported rock sampling results of 19.9 grams per tonne over 4 metres for the Waterpump zone at the Red Cliff gold-copper project (Exploration in BC 2017, page 30). Drill core from the Waterpump zone is described as having sphalerite-galena-chalcopyrite veins in the wall of a breccia that contains quartz, pyrite, and minor chalcopyrite over 15 to 20 metres true width. Visible gold has been observed in sphalerite-galena-chalcopyrite veinlets and in quartz-pyrite veinlets. Drill result highlights for the Montrose zone include 14.93 grams per tonne gold over 8.38 metres and 9.5 grams per tonne gold over 10.98 metres (Exploration in BC 2017, page 30).

In 2018, Decade Resources Ltd conducted a 53-hole, 11,000 metre diamond drilling program on the Red Cliff project. Drilling results for the Waterpump zone included 4.54 metres of 12.11 grams per tonne gold and 7.26 metres of 10.6 grams per tonne gold (Exploration in BC 2018, page 128).

In 2018, Decade reported that drilling has completed 53 holes to date on both the Waterpump and Montrose zone. Of the sixteen holes completed on the Montrose zone, a total of 10 holes contain visible gold in the core associated with the chalcopyrite-pyrite stockwork. Sulphide mineralization including sphalerite and galena veinlets form an envelope to the chalcopyrite-pyrite mineralization and extend the width of the potential gold bearing zones. Intersection of 43.91 grams per tonne gold over 7.47 metres was reported (Decade Resources, Press Release July 24, 2018). Decade's plan is to block out the recently indicated high grade zone that is a minimum plus100 meters long and approximately 400 metres down-dip within the 400 metre of structure length drill tested to date. Width of the Montrose zone in this area appears to be from 8 to 22 metres based on the modelling. Mineralization is reported to be open to depth and along strike.



https://minfile.gov.bc.ca/summary.aspx?minfilno=104A%20%20037


<< Previous
Bullboard Posts
Next >>