Stewart, BC – Decade Resources Ltd. (“Decade”) reports on its claim holdings in the area the former Premier gold-silver mine that is being explored by Ascot Resources Ltd. The Premier Mine property is located near the town of Stewart in northwest British Columbia and includes the old Premier mine, a past producer of 2.1 million ounces gold and 44.9 million ounces silver. Ascot has recently reported on it activities at the Premier Mine and has reported on the newly discovered zone as “mineralization is focused in a structural zone ranging from 30 metres to 150 metres in thickness, which contains mineralized quartz stockwork, and quartz breccia bodies. Host rocks include both andesites and high-level Premier porphyry intrusives strongly potassic and sericite altered. Individual quartz breccia zones range in thickness from two metres to 50 metres and generally contain higher gold and silver grades, along with lead and zinc values. This system has a known strike length of over 1,600 metres and a dip length of up to 1,200 metres” (Ascot Resource press release August 22, 2014).
Decade claim holdings are within 1200 metres of this large mineralized structure with claims both immediately east and north of this newly developed large zone. A map showing the Company claims relative to the Ascot property will be shown on the website under the Grassy Project section. Work in past programs, by Decade has indicated that the Company claims are underlain by Betty Creek volcanics which overlie the Unuk River formation which hosts the mineralization in this area. Past drill programs by Decade on mineralized structures in the overlying Betty Creek and Mt Dilworth formations have not tested deep enough to evaluate the stratigraphically lower Unuk River formation on their holdings. Drilling on the northern block of claims in 2011 indicated an increase in alteration and silicification in the deeper portions of the drill holes.
Ed. Kruchkowski, P. Geo., 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. 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 in Northern British Columbia. For a complete listing of the Company assets and developments, visit the Company website at www.decaderesources.ca which is still being up dated. For investor information please e-mail decadeinvestorrelations@outlook.com .
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.”