Decade Resources begins drilling at Del Norte
Decade Resources begins drilling at Del Norte
2024-09-03 16:41 ET - News Release
Mr. Ed Kruchkowski reports
DECADE HAS INITIATED WORK AT DEL NORTE
Decade Resources Ltd. has started the drill program on the Del Norte project in order to test the K-zone. The company plans to drill approximately 3,000 metres (m) in 15 drill holes to define zone. The property is located 34 kilometres east of Stewart, B.C., and comprises 5,830.16 hectares (ha) in 13 separate claims. It was optioned from Teuton Resource Corp. in January, 2020, with terms allowing the company to earn up to a 55-per-cent interest in the property by spending $4-million over a five-year period. The company can earn an additional 20-per-cent interest by carrying the property to commercial production.
The Del Norte property contains numerous mineralized zones. The two most important mineralization events are associated with quartz veins and breccias which are spatially restricted to felsic packages and the footwall contact of thrust zones, as well as porphyry copper-gold. In the area of thrusting, quartz veins and breccia include the Argo/LG vein/LG extension zone, Kosciuszko zone/SP, Eagle's Nest and the low-sulphidation New zone. The Argo/LG vein/LG extension zone has been traced over 1.2 kilometres (km) while the New zone was observed over 100 metres (m) of strike in a high mountain pass between two ice fields. The Kosciuszko/SP zone has been traced over 1.2 km as well, while the Eagle's Nest zone has been traced over 400 m.These are marked by a distinct alteration halo, with a propylitic zone constituting the outer envelope of the mineralization. Galena, sphalerite, pyrite and minor chalcopyrite and tetrahedrite are common in these quartz veins.
The 2002 sampling was 50 m down hill from the 2006 sampling which was just above the 2002 drilling. With the recent ablation of the glacial ice, more of the K-zone is exposed below the 2002 sampling which will be the focus of 2024 exploration. Work in 2024 indicates that the glacial ice has dropped at least 70 m from the 2002 area of sampling. Where possible, the company has collected chip samples from the zone exposed by retreating ice.
Work will be focused on expanding the drill results shown in an attached table for the K-zone.
Mr. Kruchkowski, PGeo, a qualified person under National Instrument 43-101, is in charge of the exploration programs on behalf of the company and is responsible for the contents of this release. Mr. Kruchkowski is not independent of Decade as he is the president of the company.
About Decade Resources Ltd.
Decade Resources is a Canadian based mineral exploration company actively seeking opportunities in the resource sector. Decade holds numerous properties at various stages of development and exploration from basic grass roots to advanced ones.
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