Decade Resources Ltd V.DEC

news on Sedar

[mrpancake]

NEWS RELEASE February 1, 2021 High Silver Values Indicated in Surface Sampling on Del Norte Property Stewart, BC – Decade Resources Ltd (“Decade” or the Company) announces the receipt of all surface sample assays for the 2020 exploration on the Del Norte property optioned from Teuton Resources Corp, 34 km east of Stewart in BC’s “Golden Triangle”. These results have now been plotted and the Company is reporting the significance of this sampling. The Company is still awaiting the final assays for core from the summer’s drilling. Highlights of the surface exploration indicates the following: Assays up to 6800 g/t Ag/eq from the Eagle’s Nest Zone. Numerous high-grade Ag/eq assays indicated for the property. The newly identified Eagle’s Nest zone has been traced over 500 m with the south and north ends obscured by glacial ice. Indicated width varies from 5-8 m. The Kosciuszko/SP-zone can be traced for 1.4 km and is open along strike and depth. Area of thrust faults in the central portion of the Del Norte property has resulted in the identification of 5 main parallel zones hosting silver rich mineralization, including the Eagle’s Nest zone. Zones of semi-massive to massive galena veins 800 m SW of the Eagle’s Nest with high silver values. In the area of thrusting, quartz veins and breccia include the LG Vein/LG Extension Zone, Kosciuszko Zone/ SP, Eagle’s Nest, Argo, and New. The LG Vein/LG Extension Zone have been traced over 1.2 km while the New zone was observed over 100 m of strike in a high mountain pass between 2 ice fields. The Argo zone has only been observed in drill holes. 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 following table indicates some of the high silver values obtained not only in 2020 sampling but in several from 1994 exploration. Results are as follows: Eagle's Nest zone Sampling Sample Sample Ag Au Ag Number Type g/t g/t g/t eq KKM-37 Grab 20.1 13.8 1013.7 KKM-44 Grab 2190 11.2 2996.4 ENKM-76 Grab 5220 22.7 6854.4 ENKM-77 0.6 m chip 675 15.9 1819.8 ENKM-76 0.4 m chip 957 66.9 5773.8 A20-180 0.2 m chip 82.2 47.3 3487.8 New Zone Sampling A20-75 Grab 1520 22.2 3118.4 Sampling of Float Below New Zone A20-188 Float 395 1.93 533.96 A20-189 Float 121 1.38 220.36 A20-199 Float 280 4.32 591.04 Kosciuszko/SP Zone Chip Line 3.8m 411.12 6.12 278.6 including 1.4m 1100 15.6 2223.2 Chip Line 2.0 m 242.95 2.2 5778.4 including 1.0 m 484 4.26 790.72 Zone 800 m SW of Eagle's Nest A20-133 Grab 649 12.4 1541.8 A20-137 Grab 18.1 10.7 788.5 ERK 895** Grab 2678.6 4.98 3037.2 ERK 896** Float 4232.2 13.59 5210.7 Analytical values have been rounded. *Silver-equivalent values for gold and silver only (no base metals), calculated assuming 100% metal recovery. Assumptions: US$25/oz silver, US$1800/oz gold: 1:72 ratio.    ** Historic sample collected by E. Kruchkowski in 1994 sampling. Grab samples are solely designed to show the presence or absence of any mineralization and to characterize the metal tenor in this mineralization. Grab samples are by definition selective and not intended to provide nor should be construed as a representative indication of grade or mineralization at the Project. Analysis are performed by Activation Laboratories Ltd in Kamloops BC.

[watchmeplz]

Still awaiting results, I'm good with that. Think this was exceptional news release keeping the shareholders informed and patience will prevail. Glta 

[mrpancake]

Kosciuszko/SP Zone Chip Line 2.0 m 242.95 silver  2.2 gold ........ 5778.4 silver equal That one makes no sense to me 

[Galaxym31]

Typo maybe 577.84 silver equ. or 22 gms Au or 2429.50 gms. Ag .

[Bouzouxi]

What? Better or worse? How many mistakes do these guys make? Teuton now Decade? Wtf is going on?

[GillRipper]

The Company is still awaiting the final assays for core from the summer's drilling. The way its worded it sounds to me like they have some of the assays already in hand and they're waiting on the balance to come in. Just my Interpretation. Kind Regards To All Gill

[Taiter89]

GillRipper  that's how I interpreted it too.... but who really knows !