Vancouver, BC – Decade Resources Ltd. (“Decade”) and Mountain Boy Minerals Ltd. (“Mountain Boy”) are providing an update on the Red Cliff project in Northwestern British Columbia. The joint venture project is owned 65% by Decade and 35% by Mountain Boy. The Red Cliff is a gold/copper property consisting of 8 Crown Granted mineral claims located 25 miles north of the town of Stewart, British Columbia. The Silver Crown 6 claim in which Decade is earning a 100 % interest is adjacent to the north portion of the crown grants. To date, the Companies have identified 3 separate gold bearing zones called the Upper Montrose, Lower Montrose and Waterpump within the Crown Granted claims.
Since April 24, the companies have completed 24 holes designed to test the Lower Montrose and Upper Montrose zone. Twenty one holes were completed in order to test the Lower Montrose zone. Drilling intersected the mineralization in the first 3 holes which is fault offset to the NE at depth. Sulphide mineralization is ground up in the fault gouge in holes 4 to 6. A flat lying dyke has displaced the above mineral zone in the deepest intersections in hole 9. Future testing will be completed to test below this dyke from pads located NE of the present sites. The other holes tested the Upper Montrose both at depth and along strike to the 2011 drilling. Gold values are associated with quartz-sulphide and sulphide stringers in pervasive pyrite mineralized grey hornblende bearing, weakly silicified intrusive. Assays for the first 9 holes drilled in 2012 are as follows:
| DDH No. | From (m) | To (m) | Width (m) | Au g/t |
|---|---|---|---|---|
| DDH-2012-MON-1 | 66.16 | 69.82 | 3.65 | 12.80 |
| DDH-2012-MON-2 | 53.96 | 55.49 | 1.52 | 2.06 |
| and | 63.11 | 64.63 | 1.52 | 2.17 |
| DDH-2012-MON-3 | 67.07 | 71.34 | 4.27 | 8.40 |
| DDH-2012-MON-4 | 72.47 | 73.17 | 0.70 | 7.54 |
| and | 104.57 | 106.10 | 1.52 | 2.90 |
| DDH-2012-MON-5 | 72.56 | 73.93 | 1.37 | 2.26 |
| and | 75.61 | 78.35 | 2.74 | 1.26 |
| DDH-2012-MON-6 | 77.13 | 81.71 | 4.57 | 3.04 |
| DDH-2012-MON-7 | 73.93 | 82.32 | 8.38 | 4.66 |
| and | 91.62 | 92.68 | 1.07 | 6.13 |
| and | 100.0 | 100.41 | 4.10 | 7.62 |
| DDH-2012-MON-8 | 96.95 | 98.48 | 1.52 | 1.02 |
Decade is arranging a financing with management participation that will allow for the mobilization of a second drill to expedite testing of mineralization on the property. It will aid in preparation of a 43-101 report.
Decade Resources Ltd. 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. Its properties and projects are primarily in Northern British Columbia. For a complete listing of the Company assets and developments, visit the Company website at www.decaderesources.ca.
For further information, please contact John Van Duzen at 778-340-1830 or cell at 604-202-6596 as well as investor@decaderesources.ca.
Mountain Boy Minerals Ltd. is a Canadian based mineral exploration company with diverse property and resource holdings around the Stewart region in British Columbia’s golden triangle. It owns 20% of the Silver Coin project, a gold-silver-base metals project that has a 43-101 compliant resource calculated. The Company is also exploring silver-base metals on its American Creek and Bear Valley properties as well as copper-gold on their Stewart area claims. For further information, please contact investor relations at MyneCor Marketing, phone number 403-818-1732 or fax 778-478-0282, John Van Duzen at 604-202- 6596 or Ed Kruchkowski at 250-636-9232 or on the company web page: mountainboyminerals.ca.
ON BEHALF OF THE BOARD OF DECADE RESOURCES LTD.
“Ed Kruchkowski”
Ed Kruchkowski, President
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“This news release may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.”