Mr. Ed Kruchkowski reports

DECADE ANNOUNCES EXPLORATION UPDATE

Decade Resources Ltd. has provided updates on exploration programs that it is presently conducting during the 2023 exploration field season.

It has completed the phase I drill program on the former Red Cliff copper mine property. The property is located 20 kilometres north of Stewart, B.C., in the Golden Triangle region of the Skeena mining division. A total of 18 holes totalling 1,300 metres has been completed.

On the Red Cliff property, alteration and copper-precious metal mineralization has been defined over a strike length of 1.2 km associated with dacite intrusives forming a zone 40 m wide. During the 2023 exploration 18 short holes along panels from four drill stations bracketed the Montrose portion of the system. The program was successful in defining the zone in the area of drilling. It appears that there is a steep west dip to the zone with three stages of mineral emplacement: pyrite-gold, chalcopyrite-pyrite-quartz followed by late stage sphalerite-galena. Core from the first nine holes has been logged and cut with samples delivered to a laboratory. The remaining holes are being logged and cutting and delivery to a laboratory expected in the next week.

The company is planning a phase II program once additional drill stations are completed to target the following zones:

• One drill station south of the 2023 program just completed;
• Another drill station 150 m north of the presently completed 2023 program;
• Road zone to check for additional copper-precious metal zones. It has similarities to the Montrose zone;
• Above the former Red Cliff mine workings where little work has been done due to the steepness of the terrain.

The properties being explored qualify for the mineral exploration tax credit (METC). The federal act allows the mineral exploration tax credit (METC) to provide an additional income tax benefit for individuals who invest in mining flow-through shares, which augments the tax benefits associated with the deductions that are flowed through. The METC is equal to 15 per cent of specified mineral exploration expenses incurred in Canada and renounced to flow-through share investors. The act allows a new 30-per-cent critical mineral exploration tax credit (CMETC) for specified minerals. The specified minerals that would be eligible for the CMETC are: copper, nickel, lithium, cobalt, graphite, rare earth elements, scandium, titanium, gallium, vanadium, tellurium, magnesium, zinc, platinum group metals and uranium. These minerals are used in the production of batteries and permanent magnets, both of which are used in zero-emission vehicles, or are necessary in the production and processing of advanced materials, clean technology or semi-conductors.

Ed Kruchkowski, PGeo, a qualified person under National Instrument 43-101, is responsible for the contents of this release. Mr. Kruchkowski is not independent of Decade as he is the president of the company.

Decade Resources 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 grassroots to advanced ones. Its properties and projects are all located in the Golden Triangle area of Northern British Columbia.

We seek Safe Harbor.