DECADE RESOURCES LTD.
Drilling Intersects 28.4 meters of 7.3 grams/tonne gold in DDH-Mon-2009-3
Stewart, BC - Decade Resources Ltd (“Decade” or the “Company”) announces it has
completed nine (9) diamond drill holes testing the Montrose zone on the Red Cliff project
in northwestern British Columbia. Crews are presently completing DDH-Mon-2009-10.
Previous work, conducted in 1989, described the Montrose zone as a conformable zone
of chlorite-sericite altered tuff with stockwork mineralization consisting of quartz-sulphide
and having an overall north striking trend with a vertical to 85 degree dip to the west.
The recent work by Decade, north of Lydden Creek, previously undrilled, indicates the
structure is striking further northwest than first thought. In addition, visual analysis of
DDH-Mon-2009-9 indicates a large mineralized intrusive is present below the main
mineralized zones.
During this season’s program, four holes (DDH-Mon-2009-1 to DDH-Mon-2009-4) were
completed on the first pad and were drilled from northeast to southwest such that both
east-west striking and north-south striking stringer mineralization was intersected along
the holes. These holes were also set-up to determine the strike and width of
mineralization. All of the first holes (up to DDH-Mon-2009-9) were stopped short of
defining the overall mineralized width, ending in mineralization. DDH-Mon-2009-2 had
11.59 grams/tonne (g/t) gold in the last interval and DDH-Mon-2009-4 had 7.4 g/t gold
over the last drilled interval.
Drill holes DDH-Mon-2009-5 and DDH-Mon-2009-6 are located 30 meters south of the
first pad with holes angled southwest to northeast to test for depth and southern
extensions of mineralization intersected near the top of the first 4 holes. Holes 5 and 6
have similar mineralization to that in DDH-Mon-2009-1 through DDH-Mon-2009-4 with a
quartz-chalcopyrite-pyrite stockwork carrying local fine visible gold. DDH-Mon-2009-7
and DDH-Mon-2009-8 were drilled 100 meters north of the first pad and were angled
northeast to the southwest.
DDH-2009-9 and DDH-Mon-2009-10 are collared 30 meters north and 15 meters east of
DDH-Mon-2009-1 to 4. Both holes are drilled parallel to DDH-Mon-2009-2 (stopped short
with end of hole assay results returning 11.59 g/t gold) and to greater depth, to
determine the extent of the mineralized zone in the area. Of particular importance, DDHMon-2009-9,
drilled to 280 meters on a minus 60 degree dip intersected a silicified and heavily pyritized
intrusive at depth to the west of and just beneath the indicated gold bearing zone.
Based on drilling to date, the Montrose zone is interpreted as being 20-30 meters in
width with a northwest strike conformable to the overall mineralized trend in the Stewart
region. Sections and drill locations will be posted on the website which is under
construction.
Recent fieldwork by Decade has identified Premier porphyry rocks on the property. The
Premier porphyry rocks are associated with the mineralization of the Silbak Premier
mine located 8 kilometres from Red Cliff on the west side of the Bear River Ridge. The
Red Cliff property is on the east side of the ridge. The Silbak-Premier mine has
produced over 2 million ounces of gold.
Gold assay results for the next 2 holes completed in the 2009 program are as follows:
|
DDH |
From (m) |
To (m) |
Interval Length (m) |
Au g/t |
|
Mon-2009-3* |
46.04 |
53.96 |
7.93 |
3.1 |
|
and |
74.39 |
102.74 |
28.35 |
7.3 |
|
including |
93.6 |
97.26 |
3.66 |
24.05 |
|
Mon-2009-4** |
22.17 |
60.06 |
28.41 |
5.78 |
* Section with galena wisps and stringers in east wall of quartz-chalcopyrite-pyrite
stockwork zone
** Non assayed final 18.3 meters of the hole will be cut and assayed as last assay
section gave 8.18 g/tonne gold over 4.48 meters.
Ed. Kruchkowski, P. Geo., a qualified person under National Instrument 43-101, is in
charge of the exploration program on behalf of the company. All samples are assayed
by Assayers Canada of Vancouver, BC.
Decade Resources Ltd is a Canadian based mineral exploration company which is
actively seeking opportunities in the resource business. The Company holds an option to
earn up to an 80% interest in the Red Cliff property by making certain cash and share
payments and exploration expenditures. Decade also has an option to earn a 100 %
interest in the Silver Crown 6 claim, adjoining the Red Cliff property to the north. It owns
100 % in the Neves Creek gas licences in the Pink Mountain area near Fort St. John BC.
The licences are in an area actively being explored for gas in carbonate horizons.
For further information, please contact Andrew Bowering at 604-662-8184 or Ed
Kruchkowski at 250-636-9232.
ON BEHALF OF THE BOARD
“Ed Kruchkowski”
Ed Kruchkowski, President
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