Stewart, BC — Decade Resources Ltd. (“Decade”) is providing an update on exploration on the Red Cliff property in the prolific “Golden Triangle” area of northwestern British Columbia.
First Phase of Surface Geochemical Sampling on the Red Cliff Project Returns High Gold in Panned Silt Samples assaying up to 263.81 g/t. Sampling extends area of gold bearing shear for several kilometers.
The Company reports that it has received analytical results from testing of an area with reported anomalous historic silt sample results in the area of claim 508269, part of the Red Cliff project. Assessment report 32019 filed with the BC Department of Mines reported as follows: “highly anomalous gold in the 2009 silt samples collected from creeks draining” the area of mineral claim 508269. This claim is topographically above the area tested and reported in the assessment filing. The actual area of the 2009 sampling has not been tested by the Company and the above information is for reference purposes only.
On the Red Cliff project, the Company and Mountain Boy Minerals are in joint venture on the Crown Granted portion of the property which is owned 65% by Decade and 35% by Mountain Boy. The Silver Crown 6 claim in which Decade is earning a 100 % interest is adjacent to the north portion of the crown grants. Decade’s interest in the Silver Crown 6 claim is being earned from Teuton Resources Corp. and Silver Grail Resources Ltd., subject to a 2 percent NSR. To the north of the Silver Crown 6 claim, Mountain Boy owns a 100 % interest in the MB property. The Red Cliff Extension claim owned 100 % by Decade is along the east side of the Silver Crown 6 claim.
Sampling by the Company consisted of gathering approximately 25 kg of creek material from 3 creeks that was screened to a 20 mesh size and then panned with the heavy portion analyzed for gold. Results indicate high gold content in the heavy portion of these samples as follows:
|SAMPLE NUMBER||GOLD g/t|
Samples were first analyzed by AA methods and because of the high gold content were subsequently tested with fire assay. Sample SS-16-4 was analyzed 3 times from different sample splits in order to confirm the results. All samples are assayed by Loring laboratories of Calgary, Alberta. It is an ISO9001 certified laboratory.
All samples were collected from streams draining the west slope of the American Creek valley. Samples SS 16-1 and 2 were collected from a stream draining the boundary of claim 508269 (Decade) and 607959 (Mountain Boy Minerals Ltd). Results indicate that the wide shear zone hosting the mineralization on the Crown Granted portion traced for over 2 kilometres of the project extends north beneath scree and alder covered slopes. Based on past drilling and recent geochemical results, the gold bearing shear zone has been traced over 4 kilometres of strike length. Further sampling is planned to define the possible area of gold mineralization.
The Company is presently awaiting results of rock sampling on both the Red Cliff and Bow properties.
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 collecting of the samples reported on as well as the contents of this release. E. Kruchkowski is not independent of Decade as he is the president of the Company.
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 all located in the “Golden Triangle” area of Northern British Columbia. For a complete listing of the Company assets and developments, visit the Company website atwww.decaderesources.cawhich is presently being up dated. For investor information please email@example.com phone at 250-636-2264
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.”