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Decade Resources Ltd.
Summary
| Project: | Bow | |
|---|---|---|
| Deposit: | Bow | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 9/8/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 8-9-2016: Decade Resources Ltd. announces an Exploration/Drilling Update report for its Bow deposit at the Bow project. Drilling reuslts incl. 6.09m @ 17.17g/t Au from 14.79m. Stewart, BC - Decade Resources Ltd. (“Decade”) reports that it has received as | |
| Resources: | Historic estimate: 20400t @ 10.87g/t Au for 6470oz Au contained and the Bend vein | |
| CP/QP: | [Overall Report]: Ed. Kruchkowski (Internal) | |
| ABSTRACT: | Stewart, BC - Decade Resources Ltd. (“Decade”) reports that it has received assays for the first 4 drill holes from the completed drill program on the Bow property. The property consists of 2 claims totaling 471 hectares contiguous with the Scottie Gold mine Crown Granted claims 50 kilometres north of Stewart, BC, in the Skeena Mining Division. The Company reports that it has drilled a total of 500 m on the Bend vein within the Bow property. The drilling was intended to confirm drill results from the 1980’s as well as check for strike extension along the Bend vein. Drilling was successful in extending the vein 100 m to the east of previous work as well as confirming width and mineralization in the area of previous drilling. A historic resource calculated using a 0.3 g/t cutoff on the Bend vein indicated 20,400 tonnes containing 6,470 oz gold at an average grade of 10.87 g/t Au within 40 m of strike length and 25 m of depth. 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 g/t 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 (www.SEDAR). | |
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