Grab Sampling yields up to 298.33 g/t Gold on “A” Adit Dump
Decade Resources Ltd. 426 King Street Stewart, BC V0T 1W0
TSX.V Trading Symbol: DEC
May 8, 2014
Grab Sampling yields up to 298.33 g/t Gold on “A” Adit Dump
Stewart, BC - Decade Resources Ltd. (“Decade”) reports that it is has received ICP analyses and gold assay results for sampling in the area of the Bend vein, a small portion of the overall 2013 samples taken. This vein is located on the Bow property, 50 kilometres north of Stewart, BC, in the Skeena Mining Division. The property consists of 2 claims totaling 471 hectares and is contiguous with the Scottie Gold mine Crown Granted claims that host the former Scottie Gold mine. This mine which operated from 1981 to 1985 milled vein material averaging 16.20 g/t gold, producing 2,967,748 grams of gold (95,426 ounces gold) from 183,147 tonnes of mineralization. Previous work has indicated in excess of 13 different gold bearing veins in the Bow claim-Scottie Gold mine area. Exploration in 2013 outlined at least 4 new sulphide bearing veins on the Bow property, one of which contains visible gold associated with strong molybdenite mineralization.
Assays have been received for the “A” adit dump sampling. This adit provided access to the service tunnel from the former mine campsite to the Scottie Gold mine. This access tunnel starts at the southwestern portion of the Bow claim and was driven southwest for 2.3 km to the Scottie Gold mine area. The dumps for the broken muck from the first 500 metres of the tunnel (in the Bow claim) are at the “A” portal. Pieces of massive pyrrhotite-pyrite mineralization are present in this dump indicating the presence of a vein and/or veins in this first 500 metres of drifting. Fine visible gold is present in bluish quartz fragments within a matrix of massive pyrrhotite-pyrite. Exploration in 2014 will attempt to locate the source of the mineralized dump material. Results of the sampling are shown in the table below:
| Sample # | Gold g/t |
|---|---|
| E5339364 | 39.404 |
| E5339365 | 291.229 |
| E5339366 | 61.406 |
| E5339367 | 9.775 |
| E5339368 | 111.478 |
| E5339369 | 77.341 |
| E5339370 | 19.202 |
| E5339371 | 236.691 |
| E5339372 | 1.268 |
| E5339373 | 0.492 |
| E5339374 | 64.673 |
| E5339376 | 6.533 |
| E5339377 | 70.741 |
| E5339378 | 298.33 |
| E5339379 | 188.753 |
| E5339380 | 14.813 |
The assay for sample E5339375 has not been received.
The dump sampling was taken along the base of several piles 50 m apart at the portal to the “A” adit. The average of the 16 randomly taken samples is 93.3 g/t Au. The Company feels that this dump material may represent the east extension of the D vein present on the Scottie Gold property to the west. Trench sampling in the past on the D vein yielded 202.07 g/t Au over 0.73 m and 68.28 g/t Au over 1.01 m. These assays are historical and have not been confirmed through sampling by the company. These numbers are for reference purposes only and should not be relied upon.
At present, the Company is awaiting further surface results from other two areas explored during the 2013 sampling program. None of the received assays to date have included samples with identified visible gold. All samples are assayed by Loring Laboratories of Calgary, Alberta. It is an ISO9001 certified laboratory. All gold assays are analyzed by fire methods which includes gravimetric finishes on the individual samples.
Decade's website has been updated to show data for the Bow Claim as well as the areas of surface sampling and diamond drilling. The Company is presently examining financing options in order to carry out a 2014 field program. Contingent on financing, this program would commence in early June, 2014.
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 has conducted all the exploration on behalf of the Company on this property and was responsible for all the logging and sampling.
Decade Resources Ltd. is a Canadian based mineral exploration company actively seeking opportunities in the resource sector. Decade holds numerous properties at various stages of development and exploration from basic grass roots to advanced ones. Its properties and projects are primarily in Northern British Columbia. For a complete listing of the Company assets and developments, visit the Company website at www.decaderesources.ca which is presently being up dated. For investor information please e-mail [email protected] .
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.”