Decade Resources Ltd.

Decade Resources Ltd.

September 14, 2009 11:36 ET

Drilling Intersects 28.4 Meters of 7.3 grams/tonne Gold in DDH-Mon-2009-3

STEWART, BRITISH COLUMBIA--(Marketwire - Sept. 14, 2009) - Decade Resources Ltd. ("Decade" or the "Company") (TSX VENTURE:DEC) 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, DDH-Mon-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:

From To Interval Au
DDH (m) (m) Length (m) g/t
Mon-2009-3(i) 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(ii) 22.17 60.06 28.41 5.78

(i) Section with galena wisps and stringers in east wall of quartz-chalcopyrite-pyrite stockwork zone.

(ii) 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.


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."

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Contact Information

  • Decade Resources Ltd.
    Andrew Bowering
    Decade Resources Ltd.
    Ed Kruchkowski