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Decade Resources Ltd.
Summary
| Project: | Red Cliff | |
|---|---|---|
| Deposit: | Montrose | |
| Location: | Canada | |
| Commodities: | Gold-Copper | |
| Date: | 5/1/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 1-5-2018: Decade Resources Ltd. announces an Exploration/Drilling Update report for its Montrose deposit at the Red Cliff project. JV - Drilling results incl. 22.87m @ 10.41g/t Au. Stewart, BC – Decade Resources Ltd (“Decade”) reports that modeling of 200 | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Ed Kruchkowski (Internal) | |
| ABSTRACT: | Stewart, BC – Decade Resources Ltd (“Decade”) reports that modeling of 2007 to 2017 drill hole assays on the Montrose zone has been completed into a Leapfrog program. Gold values are related to several different phases of mineralization namely sphalerite-galena-minor chalcopyrite-native gold and chalcopyrite-pyrite-native gold within a north-south trending intrusive. The modeling of assay data is shown on the website with grade shells of 0.5, 1.0 and 5 g/t. gold. This model has shown that the Montrose zone is a plunging structure with at least 600 m of strike length, 400-500 m of height and up to 20 m wide. It is open to depth and along strike. The Montrose zone is part of a large mineralized structure identified over 2.3 km of strike length on the property that has been offset by a fault along Lydden Creek The work in 2018 will consist of drilling to expand on the significant results obtained in previous drilling from 2007 to 2017 on the Montrose zone. Drilling will be conducted on on the Waterpump zone which is interpreted as the south fault extension of the Montrose zone. Highlights of assays obtained during the 2017 drill program on the Waterpump include: Drilling will also be conducted at depth below DDH-2009-11 which intersected 12.65 m of 5.14 g/t gold. No follow-up drilling has been conducted in this area due to the difficult terrain. The Company plans to create a drill pad in an area that would allow for testing below this intersection. | |
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