Arrange Logistics Shipping
a
M

News

Companies File 43-101 Technical Report on the Red Cliff property.

December 16, 2014

Vancouver, BC – Decade Resources Ltd. (“Decade”) and Mountain Boy Minerals Ltd. (“Mountain Boy”) have filed a 43-101 report for 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 % is adjacent to the north portion of the crown grants. To the north of the Silver Crown 6 claim, Mountain Boy owns a 100 % interest in the MB property. The Silver Crown 6 interest is being earned from Teuton Resources Corp and Silver Grail Resources Ltd. subject to 2% NSR. The Red Cliff Extension claim owned 100 % by Decade is along the east side of the Silver Crown 6 claim.

The 43-101 report by Lawrence Dick, PhD., P.Geo states: “Mineralization intersected on the property to date indicates that the gold-bearing system is open along strike and to depth. The system has characteristics of a mesothermal or deep-seated system, and as such can be expected to have significant depth continuity, in addition to the along-strike continuity which is being shown by drill results. The width of the hosting structure, presence of high grades of gold, zones of stockwork mineralization peripheral to the vein hosted gold and associated sulphides, and depth extent shown by drilling, indicate significant untested potential within this large system.

The following work is recommended as the next exploration phase:

  • Complete modeling of the mineralized zones;
  • Carry out metallurgical testing of the variable facies of gold mineralization;
  • Carry out specific gravity testing of the variable mineralization types;
  • Drill 30 holes to test the Waterpump Zone.

The cost of the program is estimated to be $1,412,000.”

Ed. Kruchkowski, P. Geo., a qualified person under National Instrument 43-101, has been in charge of the exploration program on behalf of the Companies and is responsible for the contents of this release.

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 in Northern British Columbia. For a complete listing of the Company assets and developments, visit the Company website at www.decaderesources.ca which is presently being up dated. For investor information please e-mail decadeinvestorrelations@outlook.com or contact Brian Morrison at 604-662-8184.

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 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

ON BEHALF OF THE BOARD OF MOUNTAIN BOY MINERALS LTD.

“Ed Kruchkowski”
Ed Kruchkowski, Director

“Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.”

“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.”

Recent News

DECADE INTERSECTS 4.36 m of 2.69 % COPPER and 23.7 g/t Silver

Stewart, BC – Decade Resources Ltd (“Decade”) reports on the first 3 holes of the 2024 drill program from the 1000m drilled on the Nobody Knows # 2 zone. The zone is part of a project consisting of 52 contiguous minerals claims which include Nobody Knows, Dardanelle...

read more