Vancouver, BC – Decade Resources Ltd. (“Decade” or the “Company”) is pleased to report it has intersected multiple zones of strong to semi-massive copper mineralization over zones from 1-10 metres wide, within strongly altered intrusive rocks, on its 100% owned Wedeene River property in the Kitimat area of British Columbia.
To date, 10 holes have been completed and strong chalcopyrite has been observed in 5 of the holes. Chalcopyrite is associated with pyritic zones in highly silicified rocks. Assay data to date shows a strong correlation between copper and gold. The pyritic zones which contain 5-7% pyrite and local chalcopyrite are associated with strong local “potassic” and pervasive “phyllic” alteration zones intruded by strongly epidote altered dykes. The area of drilling is along the edge of a narrow magnetic low separating two large magnetic lows outlined in an airborne EM/Magnetic survey flown earlier this year. Each of the magnetic lows are more than 1 km in diameter and may be associated with one just SW of the drilling that is over 2 km in diameter. Based on the alteration observed, the Company believes the drilling to date is at the edge of a large porphyry copper-gold zone.
Pictures of the chalcopyrite mineralization can be viewed at http://www.decaderesources.ca.
Assay results for the top of DDH-2010-J-1 are as follows:
| From |
To |
Width
(Metres) |
Gold
(g/t) |
Silver
(g/t) |
Copper
(%) |
| 3.05 | 112.80 | 109.76 | 1.0 | 1.80 | 0.48 |
| including – 71.34 | 80.79 | 9.45 | 8.27 | 4.59 | 2.18 |
The above intersection is core length and true width is unknown at present. Lower grade mineralization, 0.1 to 0.2% copper and 0.1 g/t gold continues to the bottom of the drill hole at approximately 200 metres.
The Company plans an extensive drill program in the area of DDH-2010-J-1 to better define the extent of the copper-gold mineralization, pending receipt of the necessary government permits. The area has extensive overburden cover and outcrops are only present west of the present drilling. Additional drilling is planned to test the various magnetic lows for additional copper-gold mineralization. The Wedeene River property is accessible year round.
Ed. Kruchkowski, P. Geo., a qualified person under National Instrument 43-101, is in charge of the exploration program on behalf of the company. All samples are assayed by Assayers Canada of Vancouver, BC. Gold assays are by fire assay and silver and copper are determined by aqua regia digest.
About Decade Resources:
Decade Resources Ltd. is a Canadian based mineral exploration company actively exploring its portfolio of projects in Northern BC. The Company holds an extensive portfolio of exploration projects including: 60% interest in the Red Cliff property; an option to earn a 100% interest in the Silver Crown 6 claim, adjoining the Red Cliff property to the north; 100% interest in a large property underlain by copper-gold mineralization in the Kitimat area; claims located over the former Goat Mine, a small producer in the 1970’s, approximately 34 kilometres northeast of Stewart and 5 kilometres north of the Stewart highway (37A) along the BA massive VMS horizon; 70% interest in the Stamp claims adjoining the BA claims hosting the BA massive VMS horizon.
For further information, please contact Andrew Bowering at 604-681-0710 or investor@decaderesources.ca
ON BEHALF OF THE BOARD
“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.”