Vancouver, BC – Decade Resources Ltd. (“Decade” or the “Company”) is pleased to announce assays from the first five holes of the Company’s 2010 exploration program on the Red Cliff property.
Drilling is being conducted at the south end of the property in the area of the Red Cliff underground workings, 1.5 km from 2009 discovery holes DDH-MON-2009-1 to DDH-2009-Mon-11. The holes are being drilled off a drill station that has been created at the top of cliffs approximately 100 metres west of and 200 metres above the underground workings. All holes have intersected zones varying from 3 to 17.68 metres long, some of which contain chalcopyrite-pyrite-fine visible gold mineralization in quartz veins and veinlets that appear to be identical to the Montrose mineralization intersected in discovery holes DDH-2009-Mon-1 to DDH-2009-Mon-11.
The Montrose zone and the latest intersections in the area of the Red Cliff zone carry distinctive white-pink quartz veinlets with sparse chalcopyrite. Pictures of the intersected mineralization can be viewed on the company’s website.
Based on surface exploration conducted early this year, the Company believes that the Red Cliff zone initially trends northwest in the area of the workings but flexes into a north trending zone and is part of a 1.5 km zone that includes the Montrose zone to the north. Rusty outcrop exposures which occur approximately midway between the two previously explored portions of the mineralized zone are believed to be surface expressions of the gold bearing zone. Further exploration will consist of detailed sampling of these rusty outcrops.
Significant results obtained in the first five holes are as follows:
| DDH | From (m) |
To (m) |
Width (m) |
Au g/t |
Cu % |
| RC-2010-1 | 76.98 | 84.91 | 7.93 | 11.74 | 0.44 |
| and | 108.70 | 109.70 | 1.0 | 1.32 | 2.88 |
| RC-2010-2 | 47.56 | 49.09 | 1.53 | 1.14 | 0.30 |
| and | 53.65 | 54.89 | 1.22 | 1.08 | 0.88 |
| RC-2010-4 | 58.47 | 63.41 | 4.94 | 3.0 | 0.72 |
| RC-2010-5 | 66.46 | 74.24 | 7.78 | 12.19 | 1.44 |
DDH-2010-RC-2 & 3 were drilled at -45 and -50 degrees from the same set-up as DDH-2010-RC-1. The holes intersected quartz-pyrite-sparse chalcopyrite veins and veinlets with low gold values. The intensity of copper mineralization with associated fine visible gold increases with depth. DDH-2010-RC-4 was drilled at -55 degrees; DDH-2010-RC-1 was drilled at — 60 degrees while DDH-2010-RC-5 was drilled at -65 degrees. All holes are surveyed with a down hole instrument to obtain an accurate azimuth and dip for possible future resource calculations. Surface collars will be surveyed once all 2010 drilling is complete.
Ed. Kruchkowski, P. Geo., a qualified person under National Instrument 43-101, is in charge of the exploration program on behalf of the company.
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, Director
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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.”