Decade Resources Ltd. (TSXV:DEC) has intersected high grades of gold in assays returned from its first diamond drill hole from 2014 drilling at the Boy property. The company has completed six holes so far this year.
As quoted in the press release:
The first hole tested the newly discovered Sixties zone, which is a northeast-trending zone of pyrrhotite veins and stockworks with minor pyrite and chalcopyrite within andesitic volcanics in contact with argillites. The first hole tested north of the previously identified Blueberry zone, an east-west vein which is present along a fault zone that has offset and rotated the volcanics and sediments in this area. The area of the 2014 drilling is in an area obscured by glacial moraine and overburden. Within the first hole, logging the core indicated fine visible gold in four different sections within the above 49.6-metre section. Mineralization starts at the volcanic-sediment contact and appears to be associated with strong dark chlorite alteration. True width of the zone which dips to the southeast is unknown at this time.
|Otis Gold Corp. (TSXV:OOO) is a near-term producer with an NI 43-101 resource 520,000 ounces of drill-indicated gold at its Kilgore Project in Idaho. Work is scheduled to begin soon at the North Target area of the Kilgore Gold Project. Connect with Otis Gold Corp and never miss a catalyst.|