Stewart, BC – Decade Resources Ltd. (“Decade”) reports that it is has received ICP analyses and gold assay results for sampling in the area of the Bend vein, a small portion of the overall 2013 samples taken. This vein is located on the Bow property, 50 kilometres north of Stewart, BC, in the Skeena Mining Division. The property consists of 2 claims totaling 471 hectares is contiguous with the Scottie Gold mine Crown Granted claims that host the former Scottie Gold mine. This mine which operated from 1981 to 1985 milled vein material averaging 16.20 g/t gold, producing 2,967,748 grams of gold (95,426 ounces gold) from 183,147 tonnes of mineralization. Previous work has indicated in excess of 13 different gold bearing veins in the Bow claim-Scottie Gold mine area. Exploration in 2013 outlined at least 4 new sulphide bearing veins on the Bow property, one of which contains visible gold associated with strong molybdenite mineralization.
Early assay results from one of the 3 main areas explored indicate extension of the high grade Bend vein to the east of the previously outlined vein. Highlights of the assays received for the first area sampled around the Bend Vein and possible extension to the east include:
- Float samples of massive arsenopyrite assaying up to 154.22 g/t gold.
- Assays of grab sampling indicating up to 9.122 g/t Au in the Camp vein.
- Trench samples on the Bend vein assaying up to 59.61 g/t Au.
The Bend vein has been drill tested along 110 metres of strike length and 50 metres of depth. A historical inferred resource was outlined in the drilled portion that included 18,200 tonnes @ 10.97 g/t gold. This resource is historical and has not been confirmed through drilling and sampling by the company. These numbers are for reference purposes only and should not be relied upon. Examination of historical longitudinal sections indicates that mineralization is open along strike and to depth from the above drilling on the Bend vein. The Bend Vein is unique in comparison to the other zones at the Summit Lake area in that it is cobalt rich. Using only the previously reported 2005 drill core results the zone averages 0.25% Co over an average width of 1.64 metres along a 110 metres strike length.The best drill intersection in historical drilling on the Bend vein included Hole SJV-7 drilled in 1984 which contained 70.65 g/tonne gold and 47.8 g/tonne silver over a true width of 4.2 m. These assays are historical and have not been confirmed through drilling and sampling by the company. These numbers are for reference purposes only and should not be relied upon.
Results of the 2013 sampling indicate:
- Strong correlation of gold content with arsenic values.
- Presence of high cobalt values associated with high arsenic values.
- Confirmation of high grade gold values in the Bend vein.
- Extension of the Bend vein mineralization in trenching 300 metres east of previous drilling.
- Location of an area that has the potential to host a large low grade gold deposit.
Of the 47 samples collected in this area, 15 samples assayed > 10 g/t gold, 17 samples assayed between 1-10 g/t gold and 14 assayed < 1 g/t gold. The following table shows a number of selected sample results:
|Sample #||Vein Tested||Sample Type||Width Metres||Au g/t||As %||Co %|
The Camp vein is 100 metres south of the Bend vein and it appears to strike north-south at an oblique angle to the northeast trending Bend vein.
Approximately 100 m east of the 2013 trenching on the Bend extension area, geochemical sampling in 1984 indicated up to 2.4 g/t Au in soils on the west side of an Au-Mo-Cu soil anomaly that measured 300 X 300 metres. These assays are historical and have not been confirmed through drilling and sampling by the company. These numbers are for reference purposes only and should not be relied upon. Sampling by Decade on silicified volcanic rocks with a quartz-sulphide stockwork indicated gold values in the 0.4 g/t range along 50 metres of trench.
At present, the Company is awaiting further surface results from other two areas explored during the 2013 sampling program. None of the received assays to date have included samples with identified visible gold. Results for sampling in the south part of the Bow property are expected shortly. All samples are assayed by Loring Laboratories of Calgary, Alberta. It is an ISO9001 certified laboratory. All gold assays are analyzed by fire methods which includes gravimetric finishes on the individual samples.
Decade’s website will be updated shortly to show data for the Bow Claim as well as the areas of surface sampling and diamond drilling. The Company is presently examining financing options in order to carry out a 2014 field program. Contingent on financing, this program would commence in early June, 2014.
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 primarily 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 email@example.com .
ON BEHALF OF THE BOARD OF DECADE RESOURCES LTD.
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.”