Decade Resources Ltd.
TSX VENTURE : DEC

Decade Resources Ltd.

November 19, 2009 12:48 ET

Decade Resources Ltd.: Further Gold and Base Metal Assays

STEWART, BRITISH COLUMBIA--(Marketwire - Nov. 19, 2009) - Decade Resources Ltd. ("Decade" or the "Company") (TSX VENTURE:DEC) reports that assay results have been received for another 10 holes from the Red Cliff drilling. Base metal values from DDH-2009-Mon-6 to all the recently received drill hole assays are available. Appreciable copper, silver and zinc are associated with some of the previously reported gold intersections. Copper values in heavily pyritized intrusive indicate the possible presence of nearby copper-gold porphyry.

There are 12 drill holes currently that are awaiting results from the assay lab. These holes are located along Lydden Creek.


DDH
From
(m)
To
(m)
Width
(m)
Au
g/t
Ag
g/t
Cu
%
Zn
%
Mon-2009-653.6678.3624.720.87*5.430.50-
Mon-2009-99.1515.856.714.98*15.110.216.23
and42.3857.6215.245.69*5.40.70-
and216.16219.213.050.010.30.17-
and228.35237.59.150.103.830.374-
Mon-2009-107.1613.115.952.15*8.620.273.47
and42.9957.6214.631.89*1.870.180.12
and112.50121.659.150.231.830.30-
Mon-2009-11191.01203.6612.655.27*4.270.4110.166
LP-2009-2126.52129.573.052.490.4--
LC-2009-17122.56128.056.7110.421.2180.05-

*previously reported value.

Based on the drilling on the Little Pat Fraction, it appears that drill holes were located west of the Montrose zone and did not intersect this zone. The presence of faulting and post mineral dykes has greatly disrupted and displaced mineralization along Lydden Creek. Before further drilling is conducted in the area of Lydden creek, structural studies will be carried out to help in locating drill hole locations for the 2010 program. During the 2010 program, the Company plans to drill at the south end of the property where pads are already built and in the area of 2009-Mon-1 to 11.

To date, mineralization has been outlined over 1.5 kilometers of strike and is open along strike and at depth. This distance extends from the area of DDH-2009-Mon-1 to 11 to the portals at the south end of the property along Lydden Creek. In the area of DDH-2009-1 to 11, the zone is obscured by talus towards the northwest. At the south end of the claims, parallel copper-gold zones are indicated in the portal area of the original Red Cliff mine workings. To date, exploration has only tested a very small portion of this system.

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 60% interest in the Red Cliff property with an option to earn an additional 20%, dependent on exchange approval, by making certain cash and share payments to Mountain Boy Minerals Ltd and incurring 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.

ON BEHALF OF THE BOARD

Ed Kruchkowski, President

"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."

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.

Contact Information

  • Decade Resources Ltd.
    Andrew Bowering
    604-662-8184