Stewart, BC – Decade Resources Ltd. (“Decade”) reports that during the 2013 field season, an extensive program of mapping, sampling, prospecting, trenching and diamond drilling was completed on the Bow property. The property consists of 2 claims totaling 471 hectares located 50 kilometres north of Stewart in the Skeena Mining Division. It is contiguous with the Scottie Gold mine Crown Granted claims that host the former Scottie Gold mine. This mine which operated from 1981 to 1985 milled vein material averaging 16.20 g/t gold, producing 2,967,748 grams of gold (95,426 ounces gold) from 183,147 tonnes of mineralization. Previous work has indicated in excess of 13 different gold bearing veins in the Bow claim-Scottie Gold mine area.
The Bow property is located along volcanic rocks on the boundary with the Summit Lake stock, part of the Texas Creek Plutonic suite in the Stewart Area. This suite of rocks is related to alteration and mineralization at the former producing Premier mine (produced 2,000,000 oz gold) 20 km south of the property and the KSM copper-gold porphyries and Brucejack Lake gold deposits (Valley of the Kings deposit contains 1.2 million ounces of gold in the measured mineral resource category (two million tonnes grading 19.3 g/t gold); 7.5 million ounces of gold in the indicated mineral resource category (13.4 million tonnes grading 17.4 g/t gold); and, 4.9 million ounces of gold in the inferred mineral resource category (5.9 million tonnes grading 25.6 g/t gold – www.sedar.com) 20 kilometres north of the property.
Previous exploration had outlined 3 zones on the Bow property; namely the Bend, Blueberry and Road (now called the Oro Grande) veins. These are banded quartz- carbonate veins mineralized with gold-bearing pyrrhotite, pyrite, chalcopyrite, galena and sphalerite occurring as en echelon fracture fillings in an east-west direction. Veins can be up to 5 metres in width but generally average 2-3 metres. The Bend vein has been drill tested along 100 metres of strike length and 50 metres of depth. A historical inferred resource was outlined in the drilled portion that included 18,200 tonnes @ 10.97 g/t gold. This resource is historical and has not been confirmed through drilling and sampling by the company. These numbers are for reference purposes only and should not be relied upon. Examination of historical longitudinal sections indicates that mineralization is open along strike and to depth from the above drilling on the Bend vein.
Highlights of the exploration program include:
- Drilling of the Oro Grande and Blueberry vein areas. This drilling intended to check for any down dip extension of the Oro Grande vein and east and down dip extension of the Blueberry vein. The drilling program indicated that the Oro Grande vein had a down dip extension. Drilling intersected the Blueberry vein with intersections of massive pyrrhotite and pyrite. The drilling to the east of the Blueberry vein exposure indicated several different dykes in the area; namely a microdiorite and mineralized felsic dyke. Due to the intersection of a small core length of felsic mineralized dyke, trenching was carried out to expose the possible strike direction of this dyke. Trenching exposed a mineralized north- south dyke parallel to drill direction located at the east end of the Blueberry vein. This dyke was cut by numerous post mineral microdiorite dykes trending east- west. The mineralized dyke was up to 4 m wide containing stringers of massive pyrrhotite-pyrite-molybdenite and local massive arsenopyrite lenses. Sulphide content was approximately 20 % of the mineralized dyke. Coarse visible gold is present along the stringers associated with the molybdenite. Upon discovery of this mineralized dyke, trenching was carried out in the general area indicating several other parallel north-south mineralized structures south of the Blueberry vein. Trenching was conducted along 15 m of strike length. Soil geochemical surveys in previous exploration conducted in 1984 indicated up to 12.5 g/t gold in soils up to 50 m north of the trenched area. The Company has not verified this data and this information is used for reference purposes only.
- Discovery of a large silicified and pyritic area approximately 200 m east of the Bend vein that could possibly host large low grade gold mineralization. Numerous massive arsenopyrite cobbles are present in the overburden in this location. Due to the ice direction from west to east, these cobbles may indicate an easterly extension of the Bend vein. Approximately 200 m east of this area, anomalous gold-copper-molybdenum values were obtained in the above 1984 soil sampling survey. An outcrop with massive to semi-massive pyrrhotite -pyrite occurs 100 m south of the Bend vein.
- Discovery of a new vein up to 2 m wide along 230 m of strike that hosts arsenopyrite, pyrrhotite, pyrite and chalcopyrite. A second vein with semi- massive pyrrhotite over 4 m of width is located 75 m south of the first vein.
- Fine visible gold is present in bluish quartz fragments within a matrix of massive pyrrhotite-pyrite on the “A” adit dump as indicated in the March 18, 2014 press release. Exploration in 2014 will attempt to locate the source of the mineralized dump material.
Core is presently being logged and will be sent to the laboratory upon completion of cutting.
Ed. Kruchkowski, P. Geo., a qualified person under National Instrument 43-101, is in charge of the exploration program on behalf of the Company and is responsible for the contents of this release. E Kruchkowski has conducted all the exploration on behalf of the Company on this property and was responsible for all the logging and sampling.
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 ones. 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.
ON BEHALF OF THE BOARD OF DECADE RESOURCES LTD.
Ed Kruchkowski, President
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