Decade Resources Announces Discovery of Copper Gold Porphyry Mineralization at Kitimat, British Columbia
Todate, 10 holes have been completed and strong chalcopyrite has beenobserved in 5 of the holes. Chalcopyrite is associated with pyriticzones in highly silicified rocks. Assay data to date shows a strongcorrelation between copper and gold. The pyritic zones which contain5-7% pyrite and local chalcopyrite are associated with strong local"potassic" and pervasive "phyllic" alteration zones intruded bystrongly epidote altered dykes. The area of drilling is along the edgeof a narrow magnetic low separating two large magnetic lows outlined inan airborne EM/Magnetic survey flown earlier this year. Each of themagnetic lows are more than 1 km in diameter and may be associated withone just SW of the drilling that is over 2 km in diameter. Based on thealteration observed, the Company believes the drilling to date is atthe edge of a large porphyry copper-gold zone.
Pictures of the chalcopyrite mineralization can be viewed at http://www.decaderesources.ca.
Assay results for the top of DDH-2010-J-1 are as follows:
From | To | Width (Metres | ) | Gold (g/t | ) | Silver (g/t | ) | Copper (% | ) |
3.05 | 112.80 | 109.76 | 1.0 | 1.80 | 0.48 | ||||
including - 71.34 | 80.79 | 9.45 | 8.27 | 4.59 | 2.18 |
The Company plans an extensive drill programin the area of DDH-2010-J-1 to better define the extent of thecopper-gold mineralization, pending receipt of the necessary governmentpermits. The area has extensive overburden cover and outcrops are onlypresent west of the present drilling. Additional drilling is planned totest the various magnetic lows for additional copper-goldmineralization. The Wedeene River property is accessible year round.
Ed.Kruchkowski, P. Geo., a qualified person under National Instrument43-101, is in charge of the exploration program on behalf of thecompany. All samples are assayed by Assayers Canada of Vancouver,BC. Gold assays are by fire assay and silver and copper are determinedby aqua regia digest.
About Decade Resources:DecadeResources Ltd. is a Canadian based mineral exploration company activelyexploring its portfolio of projects in Northern BC. The Company holdsan extensive portfolio of exploration projects including: 60% interestin the Red Cliff property; an option to earn a 100% interest in theSilver Crown 6 claim, adjoining the Red Cliff property to the north;100% interest in a large property underlain by copper-goldmineralization in the Kitimat area; claims located over the former GoatMine, a small producer in the 1970's, approximately 34 kilometresnortheast of Stewart and 5 kilometres north of the Stewart highway(37A) along the BA massive VMS horizon; 70% interest in the Stampclaims adjoining the BA claims hosting the BA massive VMS horizon.
ON BEHALF OF THE BOARD
"Ed Kruchkowski"
Ed Kruchkowski, President
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