Drilling Update ON the Montrose Zone -Visible GOLD IN 5th Hole Within a Wide Mineralized Intrusive Section
Decade Resources Ltd.
426 King Street
Stewart, BC
V0T 1W0
TSX.V Trading Symbol: DEC
NEWS RELEASE
July 31, 2017
DRILLING UPDATE ON THE MONTROSE ZONE -VISIBLE GOLD IN 5th HOLE
WITHIN A WIDE MINERALIZED INTRUSIVE SECTION
Stewart, BC - Decade Resources Ltd. (“Decade”) r eports that Phase I drilling is
continuing on the Red Cliff property. On the Red Cliff project, the Company and
Mountain Boy Minerals are in joint venture on the Crown Granted portion of the property
which is owned 65% by Decade and 35% by M ountain Boy. The Silver Crown 6 claim,
in which Decade is earning a 100 % interes t, is adjacent to the north portion of the
crown grants. To the north of the Silver Crown 6 clai m, Mountain Boy owns a 100 %
interest in the MB property. The Red Cliff Extension claim owned 100 % by Decade is
along the east side of the Silver Crown 6 claim.
Drilling on the 5 th hole on the Montrose zone has intersected a wide mineralized
intrusive within red tuffs forming the Betty Creek formation. The drill hole is located 30 m
north and 25 m higher in elevation relative to 2017 drill holes 1-3. Logging the core has
indicated 3 main mineralized sections within t he intrusive. Along the east edge, a zone
of galena-sphalerite-chalcopyrite stringers occur in zones up to 5 m wide. Near the west
edge of the intrusive, another ga lena-sphalerite-chalcopyrite stringer zone is present.
This grades into a chalcopyrite-pyrite z one along the west contact. Between the above
zones, weakly pyritic intrusive is present. The fifth hole was drilled to test beneath some
of the gold bearing intersections in the following holes:
DRILL HOLE INTERSECTION WIDTH GOLD GRADE (g/T)
DDH-MON-2011-2 12.96 m 10.05
DDH-MON-2011-29 10.28 m 10.85
DDH-MON-2011-37 8.32 16.53
DDH_MON-2012-61 35.06 7.83
The location of all holes up to 2012 are shown on the 43-101 report located on the
Company website. Figure 30 on this report shows the m odelling looking SW along the
Montrose zone. It is the intention to extend the testing of the gold bearing zone along
strike and to depth.
The hole drilled at minus 55 degrees at an azimuth of 268 degrees, intersected fine
visible gold within several galena-sphalerite-chalcopyrite stringers at 286.59 m. Coarse
gold was intersected in several spots within a chalcopyrite-pyr ite rich section up to 2.5
m wide at 314.02 m. For 6 m abov e the visible gold intersection in the chalcopyrite, the
core contained brecciated intrusive with py rite-minor chalcopyrite-hematite veins
surrounding clasts. Several photos show the chal copyrite rich core as well as gold area
circled in a white crayon.
Core is being logged and cut at present and assays for the earlier drilling is expected
within several weeks.
A quality assurance/quality control program including bl anks and standards form part of
Decade’s sampling protocol in addition to the laboratory's own quality assurance
program. The field program was supervised by Decade Resource staff and the technical
information in this news release has bee n prepared in accordance with Canadian
regulatory requirements as set out in National Instrument 43-101
Ed. Kruchkowski, P. Geo., a qualified person under National Instrument 43-101, is in
charge of the exploration programs on behalf of the Company and is responsible for the
contents of this release. E. Kruchkowski is not independent of De cade as he is the
president of the Company.
Decade Resources Ltd. is a Canadian based mineral expl oration company actively
seeking opportunities in t he resource sector. Decade hol ds numerous properties at
various stages of development and explorati on from basic grass roots to advanced
ones. Its properties and projects are all located in the “Golden Triangle” area of
northern British Columbia. For a comple te listing of the Company assets and
developments, visit t he Company website at www.decaderesources.ca which is
presently being up dated. For investor info rmation please call 250-636-2264 or Gary
Assaly at 604-377-7969.
ON BEHALF OF THE BOARD OF DECADE RESOURCES LTD.
“Ed Kruchkowski”
Ed Kruchkowski, President
“Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.”
“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.”