EDITOR: | December 17th, 2013

Declan Discovers New Silver-Copper Trend at Nimini Hills, Sierra Leone

| December 17, 2013 | No Comments
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December 17, 2013 (Source: Marketwired) — 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 Survey 485 line kilometres Entire Property Produced anomalies for diamond drill follow-up
Trenching 7 trenches for a total of 104.5 metres, 58-2 metre composite samples Western Shear Thick laterite, no significant gold results, review of multi-element geochemistry underway
Pitting Average depth of 3.7 metres, 114 samples Western Shear Replaced Trenching in attempt to access bedrock, no significant gold results, review of multi-element geochemistry underway
Termite Hill Sampling 100 samples Western Shear and Grassy Fields One gold assay of ~600 ppb, review of multi-element geochemistry underway
Diamond Drilling 30 drill holes, 5995 metres Northwest on strike to Polo Resources Gold discovery (10 holes, 1594 metres)
Northeast VTEM Targets (11 holes, 2612 metres)
Ridgeline (contact area 7 holes, 1227 metres)
Western Shear (2 holes, 562 metres)
Northwest (see table X below and Map on website) Northeast, (see table Y below and Map on website)
Ridgeline (See Table X and Map on website)
Western Shear (No significant Gold Results and Map on Website)
Table X: Results from Drilling Northwest and Ridgeline (>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
*All intercepts are core length, true width at present unknown
Table Y: Results from Northeast VTEM drilling
HOLE # From
(M)
To
(M)
Length
(M)
Au
(ppb)
Ag
(Grams)
Cu
(ppm)
Pb
(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
*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.


Raj Shah

Editor:

Raj Shah has professional experience working for over a half a dozen years at financial firms such as Merrill Lynch and First Allied Securities Inc., ... <Read more about Raj Shah>


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