Declan Discovers New Silver-Copper Trend at Nimini Hills, Sierra Leone
17 Dezember 2013 - 1:00PM
Marketwired Canada
Declan Resources Inc. (TSX VENTURE:LAN) -
Highlights:
-- First hole on VTEM anomaly: NEDD001- 5.40 grams per ton silver, 1478 ppm
copper over 6.25 metres
-- 400 metres south on VTEM anomaly: NEDD010-6.2 grams per ton silver, 1531
ppm copper over 20.0 metres
-- Silver Copper bearing VTEM anomaly traced for 400 metres with 6 diamond
drill holes open on strike and to depth
Declan Resources Inc. ("Declan" or the "Company") is pleased to announce the
completion of its 2013 exploration program at its Nimini Hills Property, Sierra
Leone. In the Northeast of the property a polymetallic structure, potentially
related to a Volcanic Massive Sulfide system, has been discovered. The Nimini
Hills program utilized various exploration techniques as more fully set out
below. The extensive database is being used by the Declan's geologists and
consultants to plan additional work for early 2014.
The work completed included:
----------------------------------------------------------------------------
ACTIVITY DESCRIPTION AREA COMMENTS
----------------------------------------------------------------------------
Airborne VTEM 485 line Entire Property Produced anomalies
Survey kilometres for diamond drill
follow-up
----------------------------------------------------------------------------
Trenching 7 trenches for a Western Shear Thick laterite, no
total of 104.5 significant gold
metres, 58-2 results, review of
metre composite multi-element
samples geochemistry
underway
----------------------------------------------------------------------------
Pitting Average depth of Western Shear Replaced Trenching
3.7 metres, 114 in attempt to access
samples bedrock, no
significant gold
results, review of
multi-element
geochemistry
underway
----------------------------------------------------------------------------
Termite Hill 100 samples Western Shear and One gold assay of
Sampling Grassy Fields approx. 600 ppb,
review of multi-
element geochemistry
underway
----------------------------------------------------------------------------
Diamond Drilling 30 drill holes, Northwest on strike Northwest (see table
5995 metres to Polo Resources X below and Map on
Gold discovery (10 website) Northeast,
holes, 1594 metres) (see table Y below
Northeast VTEM and Map on website)
Targets (11 holes, Ridgeline (See Table
2612 metres) X and Map on
Ridgeline (contact website)
area 7 holes, 1227 Western Shear (No
metres) significant Gold
Western Shear (2 Results and Map on
holes, 562 metres) Website)
----------------------------------------------------------------------------
Table X: Results from Drilling Northwest and Ridgeline (greater than 200
ppb intercepts)
------------------------------------------------------------------------
Area Hole # From (M) To (M) Length (M) Au (ppb)
------------------------------------------------------------------------
Northwest NWDD003 176.41 177.55 1.14 500
------------------------------------------------------------------------
Northwest NWDD004 161.00 161.74 0.74 200
------------------------------------------------------------------------
Northwest NWDD010 37.00 39.00 2.00 660
------------------------------------------------------------------------
Ridgeline RLDD002 15.30 16.50 1.20 400
------------------------------------------------------------------------
Ridgeline RLDD003 32.50 33.91 1.41 350
------------------------------------------------------------------------
Ridgeline RLDD005 94.00 95.25 1.25 220
------------------------------------------------------------------------
Ridgeline RLDD006 94.00 95.50 1.50 1100
------------------------------------------------------------------------
Ridgeline RLDD006 112.54 113.05 0.51 1300
------------------------------------------------------------------------
(i)All intercepts are core length, true width at present unknown
Table Y: Results from Northeast VTEM drilling
------------------------------------------------------------------------
From To Length Au Ag Cu Pb
HOLE # (M) (M) (M) (ppb) (Grams) (ppm) (ppm)
------------------------------------------------------------------------
NEDD001 95.0 97.0 2.0 6.2 1660
------------------------------------------------------------------------
And 101.30 107.55 6.25 5.4 1478
------------------------------------------------------------------------
Includes 106.89 107.55 0.66 20.4 896
------------------------------------------------------------------------
NEDD002 89.27 99.00 9.73 50.8 2253
------------------------------------------------------------------------
Includes 89.95 90.45 0.50 1600 880 3790 42000
------------------------------------------------------------------------
91.00 92.00 1.00 10.1 1586
------------------------------------------------------------------------
95.00 95.50 0.50 14.2 6530
------------------------------------------------------------------------
95.50 96.00 0.50 16.0 13300
------------------------------------------------------------------------
And 104.00 109.00 5.0 3.0 1428
------------------------------------------------------------------------
NEDD007 187.30 188.00 1.7 5.2 1225
------------------------------------------------------------------------
220.00 221.88 1.88 4.2 705
------------------------------------------------------------------------
226.95 230.40 3.45 18.1 4705
------------------------------------------------------------------------
Includes 227.65 228.23 0.58 50.5 9750.0 1582
------------------------------------------------------------------------
" 228.23 229.00 0.77 14.5 1697.6
------------------------------------------------------------------------
" 229.00 229.55 0.55 18.0 6650.0
------------------------------------------------------------------------
" 229.55 230.40 0.85 10.6 5410.0
------------------------------------------------------------------------
NEDD008 18.30 39.00 20.70 7.1 3132
------------------------------------------------------------------------
Includes 18.80 29.00 10.2 11.7 4998
------------------------------------------------------------------------
" 18.80 20.06 1.26 11.7 1946
------------------------------------------------------------------------
" 20.06 20.85 0.79 11.5 3830
------------------------------------------------------------------------
" 21.35 21.87 0.52 15.8 3070
------------------------------------------------------------------------
" 23.25 23.75 0.50 39.1 34210
------------------------------------------------------------------------
" 24.25 24.75 0.50 30.8 21061
------------------------------------------------------------------------
" 24.75 25.74 0.99 10.4 6280
------------------------------------------------------------------------
NEDD009 77.50 102.57 24.50 6.1 2566
------------------------------------------------------------------------
Includes 77.50 88.65 11.15 6.8 2978
------------------------------------------------------------------------
" 93.69 102.57 8.88 3.5 594
------------------------------------------------------------------------
" 82.50 83.00 0.50 31.6 13150 1144
------------------------------------------------------------------------
" 83.00 83.54 0.54 21.8 5050 925
------------------------------------------------------------------------
" 83.54 85.00 1.46 10.8 2930 517
------------------------------------------------------------------------
And 110.00 118.26 8.26 4.5 1299
------------------------------------------------------------------------
Includes 114.10 114.96 0.86 10.6 809
------------------------------------------------------------------------
And 135.77 138.17 2.40 5.0 1875
------------------------------------------------------------------------
NEDD010 96.25 99.90 3.65 4.2 1788
------------------------------------------------------------------------
And 104.00 124.00 20.00 6.2 1531
------------------------------------------------------------------------
Includes 114.49 115.57 5.01 11.1 2558
------------------------------------------------------------------------
" 112.75 113.47 0.72 11.1 1710
------------------------------------------------------------------------
" 115.57 116.40 0.83 10.1 3000
------------------------------------------------------------------------
" 116.40 117.08 0.68 26.1 1310
------------------------------------------------------------------------
" 117.08 117.90 0.82 11.9 1220
------------------------------------------------------------------------
" 118.85 119.50 0.65 16.9 8330
------------------------------------------------------------------------
And 130.00 135.04 6.01 2.1 846
------------------------------------------------------------------------
(i)All intercepts are core length, true width at present unknown
Samples from the property were packaged in plastic bags, sealed, and placed in
waxed sealed barrels that were shipped out of country to various accredited
laboratories for analysis. The core samples were cut using a diamond bladed saw
with the remaining half stored in a secure facility at the company's in country
compound. An industry recognized QA/QC standard, blank and duplicate protocol
was employed for a sampling programs. The analysis of the QA/QC database
indicated no significant variances to the sample results.
Declan's President Wayne Tisdale states, "We are greatly encouraged by the
initial results of our Nimini Hills Property, in particular the new Northeast
polymetallic discovery. We believe that Sierra Leone is vastly underexplored and
our airborne survey has produced multiple additional drill targets."
Mr. Garry Clark, a director of Declan, is the "qualified person", as defined in
National Instrument 43-101, who has reviewed and approved the technical content
in this press release.
About Declan Resources Inc.
Declan Resources Inc. is an independent mineral exploration company based in
Vancouver, B.C. which is currently pursuing mineral exploration in their Nimini
Hills and Baomahun license areas in Sierra Leone and uranium mineralization in
the Athabasca Basin in Saskatchewan.
Neither 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.
FOR FURTHER INFORMATION PLEASE CONTACT:
Declan Resources Inc.
Wayne Tisdale
President and CEO
(604) 639-4455
Declan Resources Inc. (TSXV:LAN)
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