NEWS RELEASE – May 1, 2018
Stewart, BC – Decade Resources Ltd (“Decade”) reports that modeling of 2007 to 2017 drill hole assays on the Montrose zone has been completed into a Leapfrog program. Gold values are related to several different phases of mineralization namely sphalerite-galena-minor chalcopyrite-native gold and chalcopyrite-pyrite-native gold within a north-south trending intrusive. The modeling of assay data is shown on the website with grade shells of 0.5, 1.0 and 5 g/t. gold. This model has shown that the Montrose zone is a plunging structure with at least 600 m of strike length, 400-500 m of height and up to 20 m wide. It is open to depth and along strike. The Montrose zone is part of a large mineralized structure identified over 2.3 km of strike length on the property that has been offset by a fault along Lydden Creek.
The work in 2018 will consist of drilling to expand on the significant results obtained in previous drilling from 2007 to 2017 on the Montrose zone. Drilling will be conducted on on the Waterpump zone which is interpreted as the south fault extension of the Montrose zone. Highlights of assays obtained during the 2017 drill program on the Waterpump include:
- Intersection of 13.88 g/t gold over 7.5 m in DDH-17-M0N-38.
- Intersection of 10.41 g/t gold over 22.87 m in DDH-17-M0N-40.
- Intersection of 7.21 g/t gold over 7.16 m in DDH-17-M0N-41.
Drilling will also be conducted at depth below DDH-2009-11 which intersected 12.65 m of 5.14 g/t gold. No follow-up drilling has been conducted in this area due to the difficult terrain. The Company plans to create a drill pad in an area that would allow for testing below this intersection.
Work has completed snow removal off the drill trails, evaluation of avalanche danger and mobilization of drill equipment. Drilling early at the Waterpump zone removes the necessity for stringing 2 km of water-line over a great height for the drill as snow melt will provide the water necessary for drilling.
The Company is also completing a geological model at present that shows the area of intrusive along with the different types of mineralization to aid in possible resource calculations. All drill log data is being reviewed to unitize all previous logging.
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 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 at www.decaderesources.ca which is presently being updated. For investor information please call 250-636-2264 or Gary Assaly at 604-377-7969.
ON BEHALF OF THE BOARD OF DECADE RESOURCES LTD.
Ed Kruchkowski, President
“Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.”
“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.”