Decade Resources Ltd. [DEC-TSXV; DECXF-OTC] has provided an update on exploration on the Bow and Red Cliff property in the prolific Golden Triangle area of northwestern British Columbia.
Sampling has returned 201 g/t gold over 6.0 metres on Big M Zone on the Bow property.
The company has received analytical results from surface testing along 20 metres of the Big M Zone located on the Bow property 50 km north of Stewart. Chip sampling was conducted at the north end on an area of vein exposed by melting snow. The zone is over 3.0 metres wide with 2.0 metres of quartz/molybdenite/sparse arsenopyrite and 1.0 metre of highly sericite altered rocks with stringers of massive arsenopyrite. In the quartz material, assays gave 0.21% and 0.37% molybdenum in association with high gold assays.
Assays on this sampling are as displayed in the table.
Sample No. Sample type Gold g/t
5244 1 m chip 342.39
5243 1 m chip 60.62
5246 grab 315.35
5248 grab 18.52
Samples 5246 and 5248 were grab samples from massive arsenopyrite stringers. Grab sampling of poorly exposed massive arsenopyrite 20 metres south of the above rock face yielded gave up to 109.57 g/t gold along stringers up to 0.15 metres wide within a zone that appeared to be 2.0 metres in width overall.
Red Cliff Property
On the Red Cliff Project 20 km north of Stewart, the company and Mountain Boy Minerals Ltd. [MTB-TSXV; MBYMF-OTC] 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. [TUO-TSXV; TEUTF-OTC; TFE-FSE] and Silver Grail Resources Ltd. [SVG-TSXV; KD7-FSE], subject to a 2% net smelter return royalty. 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.
The company plans to explore the area of the Waterpump Zone once all necessary permits are received. The Waterpump Zone is the faulted off south extension of the Montrose zone that has been drilled in programs from 2007 to 2013. An NI 43-101-compliant report on the above drilling is filed on SEDAR. Surface sampling along the exposed Waterpump Zone face within the Lydden Creek canyon gave 40.68 g/t gold over 3.05 metres in the early 1900s. Sampling along the cliff face 30 metres above the canyon floor in 1987 yielded 12 g/t gold over 8.5 metres. Historical data also show that a drill hole completed in 1988 tested the Waterpump Zone yielding a wide intersection averaging three g/t gold over 14 metres. Within this section several higher grade sections gave 30.17 g/t gold over 0.7 metres and 13.89 g/t gold over 1.0 metre. The drill result was from an intersection 100 metres south of and 150 metres below the exposed mineralization in the canyon. The reader is cautioned that the above results are historic and have not been confirmed by the company. These are being used for reference purposes and should not be relied upon.
Sampling by the company on the zones indicates three separate gold mineralizing events. These include high copper-anomalous gold, high gold values with copper and high gold with zinc and minor lead. In the area of the Red Cliff adits, both high copper-anomalous gold and high gold with copper mineralization is present. Sampling of adit material indicated copper values up to 4.62% with 0.6 g/t gold. Sampling of float rock at the base of a cliff face obtained values up to 2.0 g/t gold with 1.55% copper indicating 100 metres extension to the mineralization in the adits.
The company is also conducting further geochemical sampling to follow up on results obtained earlier in the field season.