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Decade Resources Ltd.
Summary
| Project: | Red Cliff | |
|---|---|---|
| Deposit: | Montrose | |
| Location: | Canada | |
| Commodities: | Gold-Copper | |
| Date: | 9/28/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 28-9-2017: Decade Resources Ltd. announces an Exploration/Drilling Update report for its Montrose deposit at the Red Cliff project. JV - Drilling results incl. 4.12m @ 19.9g/t Au from 311.28m. Stewart, BC – Decade Resources Ltd (“Decade”) reports that an | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Ed Kruchkowski (Internal) | |
| ABSTRACT: | Stewart, BC – Decade Resources Ltd (“Decade”) reports that an exploration program is ongoing on the Red Cliff property located in the “Golden Triangle” area of British Columbia. Exploration during the 2017 field season indicates that the Red Cliff property hosts a large mineralized system that has been traced for several kilometres. Exploration to date has consisted of drilling, mapping, sampling and assaying additional core from the 2007-2012 programs. Drilling has been aimed at checking for extensions of the copper rich Red Cliff zone as well as extending the Montrose gold-copper zone. To date 5 holes were completed on the Red Cliff zone and 28 on the Montrose zone, approximately 1.2 km north from the first 5 holes. The geological and surface sampling work carried out in 2017 indicates that the mineralization within the Montrose area is complex and may consist of several zones within a wide interval of altered rocks. It is associated with a zone of latite intrusives that have highly altered the adjoining country rock so that contacts are obscure. Fine grained pyrite is present throughout the mineralized zones in amounts from 1-10 %. Later veining within the intrusive and contact areas consists of zones of sphalerite-galena-minor chalcopyrite veinlets. Fine visible gold is commonly noted in these veinlets. A later stage of chalcopyrite-pyrite –quartz veins are present along the west side of the mineralized zone. Coarse visible gold is commonly present in the later mineralization. The Montrose zone is an north-south trending zone that has cross-cutting veins from to 2 m to 5 wide that trend east-west for at least 25 metres into the wall zones. | |
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