Decade Resources Provides Corporate Update; Acquires New Claims
TSX VENTURE: DEC
Sep 11, 2017 / JMN Wire/ Decade Resources Ltd ("Decade") reports that exploration programs are ongoing on properties located in the "Golden Triangle" area of British Columbia. The focus is on properties located in the immediate vicinity of gold deposits near Stewart, BC. In addition, the Company has added to the claim holdings that it is presently exploring.
To date, the Company has conducted exploration programs on the following properties:
The Company has located vein structures up to 2 metres wide immediately north of exploration on the former Premier Gold Mine. Surface sampling on a structure has indicated values of 5.6 to 18.6 g/t gold over 1 metre widths with silver values over 100 g/t. The Company plans to conduct further sampling in the area of the discovery.
Drilling is continuing on the Red Cliff property, to depth as well as testing for north extensions of the Montrose zone. A total of 25 holes have been completed. The Company is awaiting check assays prior to releasing results for this drilling.
The Company has sampling crews that are obtaining samples from the Lydden Creek canyon on both the Waterpump as well as Lower Montrose zone. On receipt of assays from the Waterpump zone, the Company plans to conduct a drill program to test it. Historic numbers indicate 12 g/t gold over 8 metres from a trench sampling program. These numbers have not been verified by any Company sampling and are used for reference purpose.
In addition, the Company has added to the claim holdings by participating in a joint venture on claims to the SE of the Red Cliff Crown Granted claims. The joint venture can earn an 80 % interest with the Company interest being 52 % (65 % interest in the Red Cliff JV).
Company geologists have located several zones of arsenopyrite mineralization that will be tested by saw cut sampling. Arsenopyrite mineralization in this claim area hosts not only gold but appreciable cobalt content.
The Company has added to the claim holdings by participating in a joint venture on claims to the S of the present claims. The Company can earn a 60 % interest in 612 hectares that are highly prospective for a Kuroko type VMS deposit.
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 up dated. For investor information please call 250-636-2264 or Gary Assaly at 604-377-7969.