Decade Resources Ltd. (TSX VENTURE:DEC) reports that drilling resumed last week on the Montrose zone at the Red Cliff project.
Since mobilizing to the property, crews have completed 4 drill holes of the 25 holes planned in this winter program. Drilling is focused on expanding resources in the area of hole DDH-UMON-2010-1 which intersected 49.2 grams per tonne gold over 18.45 metres and DDH-2009-MON-6 which intersected 24.7 metres grading 20.87 grams per tonne gold.
Assay results for 24 drill holes testing the Montrose zone, drilled earlier this season, are pending. Assay information is being held at the assay lab at the Company's request until closing of the current financing which is expected to occur during the first week of November.
The Company is also carrying out a program of geochemical sampling on the Silver Crown 6 claim adjacent to and north of the Montrose zone. This soil and silt sampling program is being completed in an area of extensive talus and soil cover to further define possible extensions to the Montrose zone.
The Red Cliff is a gold/copper property consisting of 8 Crown granted mineral claims situated in the Skeena Mining division approximately 25 miles north of the town of Stewart, British Columbia. The property is operated under joint venture and is owned 60% by Decade Resources Ltd. and 40% by Mountain Boy Minerals Ltd. At present, access is via drill roads off the paved highway 37A.
Ed Kruchkowski, P. Geo., a qualified person under National Instrument 43-101, is in charge of the exploration program on behalf of the company.
Source: Decade Resources Ltd.