Vancouver, BC – Decade Resources Ltd. (“Decade” or the “Company”) reports that 57 drill holes have been completed on the Red Cliff property to date. The Red Cliff is a gold/copper property consisting of 8 Crown granted mineral claims situated in the Skeena Mining division approximately 25 miles north of the town of Stewart, British Columbia. The property is operated under joint venture and is owned 60% by Decade Resources Ltd. and 40% by Mountain Boy Minerals Ltd.
A total of 28 drill holes on 5 different panels tested south of and beneath the area of drilling in 2009. Mineralization in the Montrose zone contains high grade gold associated with a quartz-chalcopyrite-pyrite stockwork. To date, assays have only been received from the first hole. Assay results for the remaining 27 holes are pending, Results from the first hole which is 100 meters south and 60 meters below DDH-2009-MON -1 to 10 are as follows:
| DDH | From
(m) |
To
(m) |
Width
(m) |
Au
g/t |
Cu
% |
|---|---|---|---|---|---|
| MON-2010-1 | 113.4 | 121 | 7.6 | 12.19 | 0.28 |
Drill holes in the Montrose zone extended mineralization both south and to depth of the mineralization encountered in drilling during 2009. Visible gold within chalcopyrite mineralization was observed in numerous holes. The mineralization appears to be associated with a fine grained, magnetite bearing dyke that is trending north-south. Airborne magnetics indicates that a strong linear anomaly is associated with this dyke both north and south of the present drilling The Company is planning another phase of drilling to follow up on the mineralization observed in the Montrose holes.
Drilling has also been conducted on 3 other different zones including: Red Cliff, a zone parallel to and north of the Red Cliff and the Waterpump. Assay results for the first 5 holes from the Red Cliff for the 2010 program were previously released (See press release 06-22-2010). Results have been received for another 25 holes and significant results follow.
A total of 23 drill holes oriented in 4 different panels located 200 metres above and 100 metres west of the Red Cliff underground workings tested the north trending portion of this zone. The Red Cliff zone remains open along strike and to depth. A zone 35 meters south of and parallel to the present Red Cliff zone was not tested with the 2010 drilling.
| DDH | From
(m) |
To
(m) |
Width
(m) |
Au
g/t |
Cu
% |
|---|---|---|---|---|---|
| RC-2010-6 | 145.03 | 148.32 | 3.29 | 4.59 | 6.51 |
| RC-2010-8 | 69.51 | 70.43 | 0.91 | 2.21 | 0.478 |
| RC-2010-10 | 72.26 | 78.35 | 6.09 | 9.33 | 0.51 |
| and | 108.8 | 109.8 | 0.64 | 1.52 | 1.68 |
| RC-2010-11 | 55.55 | 58.63 | 3.08 | 1.66 | 0.54 |
| RC-2010-12 | 55.64 | 56.01 | 0.37 | 3.52 | 0.53 |
| RC-2010-13 | 128.5 | 130.0 | 1.49 | 1.42 | 0.50 |
| and | 136.6 | 137.8 | 1.19 | 1.0 | 2.21 |
| and | 143.14 | 143.87 | 0.73 | 2.04 | 0.93 |
| RC-2010-14 | 221.4 | 225 | 3.60 | 4.52 | 0.65 |
| RC-2010-16 | 75.37 | 75.73 | 0.37 | 1.56 | 0.036 |
| RC-2010-17 | 52.01 | 52.32 | 0.30 | 8.59 | 3.29 |
| RC-2010-19 | 106.8 | 107.4 | 0.61 | 1.25 | 1.21 |
| RC-2010-20 | 112.2 | 112.5 | 0.34 | 1.83 | 0.115 |
| RC-2010-22 | 40.85 | 41.66 | 0.30 | 4.77 | 1.09 |
| RC-2010-23 | 71.49 | 72.87 | 1.37 | 4.14 | 0.195 |
Assay results for the parallel zone and Waterpump zone do not warrant further drilling at this time.
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 sampled core is cut with a diamond saw and half then sent to be assayed by Assayers Canada of Vancouver, BC.
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 Investor Relations 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.”
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