Apple To Buy 746 Tonnes of Gold in 2015?

Decade Resources Advances High Grade Gold Project in Canada

STEWART, BC / ACCESSWIRE / March 24, 2015 / According to a report by MoneyMorning.com, Apple's (NASDAQ:AAPL - News) new Smart Watch will be "the world's biggest gold price catalyst of 2015." The priciest model, called the Watch Edition ($10,000-$18,000) will have a case made of 18-carat gold.

"The gold Apple Watch could soon gobble up nearly a third of the world's gold production," states the report, "That would constitute 746 tons of the precious metal, making it the third-largest gold consumer in the world, after the whole of China and India."

With the combined U.S. business and personal debt now reaching $60 trillion - many analysts are predicting $3,000 an ounce gold in the near future. If that happens, investors will flood to high grade gold projects in mining-friendly jurisdictions.

Decade Resources (TSX VENTURE:DEC) is a Canadian gold developer that fits that profile. Decade's Red Cliff gold/copper property consists of 8 Crown granted mineral claims located approximately 25 miles north of the town of Stewart, British Columbia. A large gold bearing zone has been identified.

"Our lead asset is the Red Cliff gold-copper property, which is about 40 kilometers away from our Bow property," stated Decade CEO Ed Kruchkowski. "Both projects are on the southern part of the Golden Triangle where there is a series of intrusions and numerous established gold deposits."

The old Premier mine close to the Red Cliff property produced 2 million ounces. The junior explorers working in that vicinity have collectively proved up about 4 million ounces in low grades - about one gram per tonne.

"Red Cliff is related to these low grade gold deposits, but it is geologically a very different type of animal," explains Kruchkowski, "We are finding grades in the 5 to 8 gram per tonne range. My geological team believes that there is a potential for a two million ounces plus gold deposit at Red Cliff."

Red Cliff's sheer zone has been traced for two kilometers, ranging from 20 to 40 meters wide. Significant gold values start at surface and go down to 700 meters below surface. At the current time, Kruchkowski does not know where the gold mineralisation ends.

"There has been some historic mining on the south end of the property," explains Kruchkowski, "On the north side we haven't defined the limits of the sheer structure. We are investigating the possibility that there is a second structure topographically higher from the one we're working on."

The Red Cliff property will require roadwork to create drill sites. On a risk/reward graph, that infrastructure work looks like a solid investment. The project is in extremely mining friendly jurisdiction, the gold grades are high, and Red Cliff is about two kilometers from a power-line and a paved highway.

"There has been strong interest in the Red Cliff from both majors and juniors," confirms Kruchkowski, "But we are confident in the value of our asset and will require a partner to spend a significant amount of money if they want to farm into it."

Mining steep hillsides creates advantageous logistics, because it is quite easy to drive openings into the side of the hill to get deep into the system. Kruchkowski anticipates a flotation and gravity processing system. DEC is planning metallurgical studies to determine the most profitable method of recovering the gold and the copper.

During 1939-41 a total of 59 tonnes of ore were reportedly mined which averaged 84 grams per tonne gold, 101 grams per tonne of silver. These historical grades are not 43-101 compliant. Last fall, Decade reported assays for the second diamond drill hole at Red Cliff, which included eye-popping grades of 69 grams per tonne of gold over 6.25 meters.

Decade's Bow property is located along volcanic rocks which are related to alteration and mineralization associated with intrusions hosting the former producing Premier mine (2 million ounce gold production) and close to the Brucejack Lake Gold Deposits (6.9 million ounces in Proven and Probable category). A total of 13 different gold bearing veins have been discovered in the Bow claim-Scottie Gold mine area.

"The Bow claim has visible gold in a heavy sulfide," states Kruchkowski, "This type of deposit is amenable to a cyanide leach extraction. The mineralization has great depth. You can drill down 300 meters, there are still gold values. The Bow property is also cheap to operate on, without the logistical challenges of steep roads."

The Bow property is contiguous with the former Scottie Gold Mine (1981-1985) which milled vein material averaging 16 grams per tonne of gold. March 12, 2015 assay results for the fourth diamond drill hole completed in 2014 on the Bow Property included 8.8 meters of 11.84 grams per tonne of gold. Decade was trading at a 52-week high of .25.

In 2014, two BC Government geologists (Nelson and Kyba) wrote: "The Treaty Glacier-KSM-Brucejack-Stewart trend is one of the most productive and promising in northwestern British Columbia."

Decade Resources is currently trading at .06 with a market capitalization of $3.7 million.

Decade Resources Ltd.

611 - 8th Street
Box 211
Stewart, BC
Canada V0T 1W0

Investor Relations

Phone: 250-636-2264
email: decadeinvestorrelations@outlook.com

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SOURCE: Decade Resources Ltd.