Decade Resources has released the final assay results from the Prince John prospect, which is part of the Premier East property located in Northwest British Columbia. The company has encountered 1.09 g/t gold and 0.93% copper over 16.4 m in DDH-PJ-2011-2.
The Prince John copper-gold prospect is situated around 5 km towards the northern part of the town of Stewart in BC, along the Bear River valley’s western slope. Two short adits and many malachite stained outcrops define the formerly undrilled prospect region.
The company has drilled eight holes to cut beneath the southwest and northeast part of exposed outcrops. The initial hole encountered strong mineralized copper at 90.85 m. Fine grained bornite, chalcopyrite, and less pyrite are related with andesitic tuffs’ strong chlorite alteration. Some of the holes encountered syenite dyke and local andesite dykes.
A possible porphyry system of gold and copper has been found in the mineralization at depth below the examined mineralization. The mineralization is located at the eastern part of the Texas Creek Batholith, the similar composition and age of intrusive rocks that has the porphyry mineralization of gold and copper at Mitchell Creeks and Sulphurets located around 60 km towards northern part of Stewart.
Alberta-based Loring Laboratories and Ontario-based ADAT Laboratories assayed all the samples. A consultant prepared the company’s assessment reports and Decade will be testing the recommendations for further programs.
The company has started drill program at the Red Cliff project for examining the Lower Montrose zone, which has not previously been subjected to drilling.
Source: http://www.decaderesources.ca/