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Decade Resources Ltd (3)
Symbol	DEC
Shares Issued	70,751,726
Close 2023-05-29	C$ 0.095
Market Cap	C$ 6,721,414
Recent Sedar+ Documents

Decade Resources begins drilling Red Cliff

2023-05-30 08:54 ET - News Release

kruchkowski Subject: Decade Resource release Word Document File: '\\swfile\EmailIn\20230530 054846 Attachment DEC-2023 May 30 (AutoRecovered).docx' Decade Resources Ltd. 426 King Street Stewart, BC V0T 1W0 TSX.V Trading Symbol: DEC NEWS RELEASE May 30, 2023 DECADE ANNOUNCES START OF RED CLIFF DRILLING Stewart, BC - Decade Resources Ltd ("Decade" or the Company announces that it has started a drill program on the Red Cliff property. The property is located 20 km north of Stewart BC in the "Golden Triangle" region of the Skeena Mining Division. The property has a greater than 1.2 km zone of alteration and mineralization. The Red Cliff Zone at the south end of the mineralization on the property was historically developed with 2,385 meters of underground workings on five levels from four portals over a vertical distance of several hundred meters, with limited copper-gold production reported in 1910-1912 and 1973. From 1910 -1912, production from the Red Cliff Zone amounted to approximately 1,136 tonnes at a grade estimated to average 5 percent copper. In 1972, approximately 3,776 tonnes of ore was mined by a private company and processed at a local mill located 10 km from the property. No production records for the copper and gold content mined or values recovered are available. The only reserve estimate reported for the Red Cliff Zone was in 1912 (BC Minfile) which estimated a total of 18,900 tonnes averaging 3.19 percent copper and 2.86 grams per tonne gold. This estimate only considered broken, mineralized material within a stope on one of the levels of the mine. Note: This estimate is historical and is not 43-101 compliant and is used for reference purposes only. The Lower Montrose Zone occurs approximately 1,000 meters to the north of the Red Cliff Zones within Lydden Creek canyon consisting of silicified andesite associated with shearing, with pyrite, chalcopyrite, galena and sphalerite mineralization occurring in quartz veins and stockworks. This zone has been developed along a short adit in a very steep part of the property. Initial sampling, conducted after discovery above the portal area near one of the adits, returned 198 grams per tonne gold across 2.59 meters. During 1939-41, a total of 59 tonnes was mined, averaging 84.4 grams/tonne gold, 101 grams/tonne silver, 0.91 percent copper, 3.5 percent lead and 4.41 percent zinc. Previous operators conducted surface sampling in 1979, which returned 19.3 grams/tonne gold across 2.43 meters and their 1987 surface sampling returned 7.93 grams/tonne gold across 3.81 meters. This data is historical and is not 43-101 compliant and is used for reference purposes only. The Company is presently drilling 200 m north of and 200 m vertically higher than the Lower Montrose (located along the 1.2 km zone) called the Upper Montrose to further define the results of previous Company drilling. Drilling is testing multiple parallel mineralized structures in the area of 2009 results shown below: DDH No. From (m) To (m) Width (m) Gold g/t DDH-2009-5 41.77 44.72 3.05 10.08 DDH-2009-5 49.7 51.07 1.37 16.94 DDH-2009-5 57.01 61.25 4.24 10.79 DDH-2009-6 53.66 57.32 3.66 38.71 DDH-2009-6 69.97 72.26 2.29 142.2 A panel of drill holes, on the first drill station indicate deeper than anticipated overburden. Edges of the zone were intersected containing stringers of chalcopyrite and pyrite in sericite altered rocks. The drill has been moved to a drill station 50 m from the first drill station and the first hole on this panel was completed. It intersected sulphide stringers and veins with fine visible gold noted. A close up photo of the core in DDH 6 is included: In left row, massive chalcopyrite and pyrite are shown. Crews have started work in Terrace on the Treasure Mountain project. The source of the Nobody Knows # 2 zone is within the exploration focus. Pictures of sub-crop samples with chalcopyrite and bornite are shown: Ed Kruchkowski, P. Geo., a qualified person under National Instrument 43-101 is responsible for the contents of this release. E. Kruchkowski is not independent of Decade as he is the president of the Company. 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 ones. Its properties and projects are all located in the "Golden Triangle" area of northern British Columbia. For a complete listing of the Company assets and developments, visit the Company website at www.decaderesources.ca which is presently being updated. For investor information please call 250-636-2264 or Gary Assaly at 604-377-7969. ON BEHALF OF THE BOARD OF DECADE RESOURCES LTD. "Ed Kruchkowski" Ed Kruchkowski, President "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." "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."