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Decade Resources Ltd (2)
Symbol DEC
Shares Issued 52,299,221
Close 2014-09-03 C$ 0.215
Recent Sedar Documents

Decade Resources drills 49.6 m of 15.25 g/t Au at Bow

2014-09-03 12:31 ET - News Release

Mr. Ed Kruchkowski reports

15.25 G/T GOLD OVER 49.6 M INTERSECTED IN NEW DISCOVERY ZONE

Decade Resources Ltd. has received assays for the first diamond drill hole completed in 2014 on the Bow property. To date the company has completed six drill holes in this year's program. Highlights of assays for the first hole are shown in the table.

The first hole tested the newly discovered Sixties zone, which is a northeast-trending zone of pyrrhotite veins and stockworks with minor pyrite and chalcopyrite within andesitic volcanics in contact with argillites. The first hole tested north of the previously identified Blueberry zone, an east-west vein which is present along a fault zone that has offset and rotated the volcanics and sediments in this area. The area of the 2014 drilling is in an area obscured by glacial moraine and overburden. Within the first hole, logging the core indicated fine visible gold in four different sections within the above 49.6-metre section. Mineralization starts at the volcanic-sediment contact and appears to be associated with strong dark chlorite alteration. True width of the zone which dips to the southeast is unknown at this time.

Drill holes 14-2 and 3 tested the area of the Big M vein discovered in 2013 with drill holes directed toward the west and drilled entirely within argillites. Fine visible gold was noted within several locations within a 13 m section in drill hole No. 2. Mineralization in the Big M is associated with arsenopyrite, minor pyrrhotite-pyrite-chalcopyrite and rarely molybdenite. Holes 4 to 6 tested in the area of a historic geochemical anomaly in the area of the Sixties zone. Core from drill holes 3 and 4 is presently being logged and cut.

               BOW DRILL RESULTS

Drill hole        From     To   Width      Au  
                    (m)    (m)     (m)   (g/t)
 
DDH-14-Bow-1     44.60  94.21    49.6   15.25
including        58.91  72.10   12.20   56.70

Bow property

The property consists of two claims totalling 471 hectares contiguous with the Scottie gold mine Crown-granted claims 50 kilometres north of Stewart, B.C., in the Skeena mining division. The Bow property adjoins the southeast portion of the Pretium Resource Ltd. property which hosts the Brucejack Lake gold deposits: 1.2 million ounces of gold in the measured mineral resource category (two million tonnes grading 19.3 grams per tonne gold), 7.5 million ounces of gold in the indicated mineral resource category (13.4 million tonnes grading 17.4 g/t gold) and 4.9 million ounces of gold in the inferred mineral resource category (5.9 million tonnes grading 25.6 g/t gold), 20 kilometres north of the Bow property. The source of this information was obtained from the filings by Pretium on SEDAR. The company states that the geology and mineralization on the Brucejack Lake property are not necessarily indicative of the geology and mineralization on the company's Bow property.

A map showing the 2014 drill plan will be posted on the website. Photos of the core from DDH-14-Bow-1 and 2 are posted on the company's website.

Ed Kruchkowski, PGeo, 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. Mr. Kruchkowski has conducted all the exploration on behalf of the company on this property and was responsible for all the logging and sampling. All samples are assayed by Loring Laboratories of Calgary, Alta. It is an ISO:9001-certified laboratory. All gold assays are analyzed by fire methods, which include gravimetric finishes on the individual samples.

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