VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 20, 2012) - Decade Resources Ltd. ("Decade") (TSX VENTURE:DEC) and Mountain Boy Minerals Ltd. (TSX VENTURE:MTB) ("Mountain Boy") report that drilling is continuing on the Red Cliff project in Northwestern British Columbia. The joint venture project is owned 65% by Decade and 35% by Mountain Boy. The Red Cliff is a gold/copper property consisting of 8 Crown Granted mineral claims located 25 miles north of the town of Stewart, British Columbia. The Silver Crown 6 claim in which Decade is earning a 100 % interest is adjacent to the north portion of the crown grants. The Red Cliff Extension claim owned 100 % by Decade is along the east side of the Silver Crown 6 claim. To date, the Companies have identified 3 separate gold bearing zones called the Upper Montrose, Lower Montrose and Waterpump within the Crown Granted claims. Recent work has exposed mineralization on the Silver Crown 6 claim approximately 650 metres north of Lydden Creek along the boundary with the Montrose Crown Granted claim.
At present, the Companies are continuing to drill the most northerly exposed mineralization along the Crown Granted -Silver Crown claim boundary. Mineralization has been exposed over 15 metres of width and is similar in appearance to the gold bearing zone intersected at depth in DDH-2012-11.
The Companies are also examining the possibility of driving an access adit to the area of mineralization along the Upper Montrose zone. This would provide access to an area of high grade mineralization for metallurgical testing as well as provide drill stations for underground drilling. The Companies have received cost estimates for the underground work and are presently examining the possibility of extending the Red Cliff workings at the south end of the property or locating the portal along the east side of the Crown Granted claims. Underground access would provide the ability to explore year round from a low elevation site that would not be affected by snowfall.
Core is logged and sawn in half using a diamond saw in the Company facilities in Stewart. All samples are assayed by Loring laboratories of Calgary, Alberta, an ISO9001 certified laboratory. Assay results for further 2012 drilling is expected shortly and will be released after being compiled.
Ed Kruchkowski, P. Geo., a qualified person under National Instrument 43-101, is in charge of the exploration program on behalf of the Companies and is responsible for the contents of this release. Ed Kruchkowski has conducted all the exploration on this property from 2007 to present and has logged and overseen the sampling of all the core drilled in this period to date. The QP has verified the data disclosed on mineralization through observation of the zones in surface exposures and examination of the drill core.
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. 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.
Mountain Boy Minerals Ltd. is a Canadian based mineral exploration company with diverse property and resource holdings around the Stewart region in British Columbia's golden triangle. It owns 20% of the Silver Coin project, a gold-silver-base metals project that has a 43-101 compliant resource calculated. The Company is also exploring silver-base metals on its American Creek and Bear Valley properties as well as copper-gold on their Stewart area claims.
ON BEHALF OF THE BOARD OF DECADE RESOURCES LTD.
Ed Kruchkowski, President
ON BEHALF OF THE BOARD OF MOUNTAIN BOY MINERALS LTD.
Ed Kruchkowski, Director
"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.""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."