02:26:14 EDT Fri 17 May 2024
Enter Symbol
or Name
USA
CA



Decade Resources Ltd (3)
Symbol DEC
Shares Issued 73,237,726
Close 2023-07-31 C$ 0.085
Market Cap C$ 6,225,207
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Decade Resources moves drill to Nobody Knows

2023-08-03 09:29 ET - News Release

Mr. Ed Kruchkowski reports

DECADE MOBILIZES A DRILL TO TEST THE NEW HIGH GRADE COPPER SHOWING ON THE NOBODY KNOWS CLAIMS

Decade Resources Ltd. has mobilized a drill for the Nobody Knows claim group, which is part of the extensive Treasure Mountain/Nobody Knows/Terrace gold project in the Terrace, B.C., area. The project stretches from 10 to 40 air kilometers east of Terrace, B.C., on the northern slopes of the Copper River valley. The project consists of 48 contiguous mineral claims totalling 17,470 hectares which form Treasure Mountain, Nobody Knows, Dardanelle (presently farmed out) and Treasure Mountain properties. All 48 mineral claims are 100% owned by Decade Resources Ltd.

The 2023 sampling concentrated on the Knowbody Knows No. 2 showing area in order to identify the source of a rich bornite-chalcopyrite boulder float rock that assayed 41.2 % copper and 220 grams per tonne silver. As per the July 20, 2023 release, the potential zone was identified approximately 50 m uphill from the float rocks. Copper minerals identified in the new zone include minor chalcopyrite (33% copper by weight), bornite (63% copper by weight), covellite (66% copper by weight) and chalcocite (83 % copper by weight). A drill pad has been built on the existing logging road and a total of 500m of drilling will test the 7m wide copper rich zone. Strong faulting is present along the zone with malachite (copper carbonate) staining within the fault gouge. Red bed volcanic rocks are present in the vicinity of the identified copper bearing source. Based on the association of high silver values with the copper, the Company feels that another belt of red bed associated mineralization has been identified.

The Treasure Mountain - Nobody Knows properties have a great potential to host copper-silver deposits and/or copper-gold bearing stockworks. At present there are over 14 known copper bearing areas. They feature numerous individual copper occurrences of which only part have been examined in the 2022 exploration program. The main copper occurrences appear to be associated either with basalt or its subvolcanic equivalent (diabase). Other copper occurrences are related to faults and fracture zones. Almost all showings in this area have a similar mineralogy (mostly bornite and chalcocite) and geochemical signature (copper-silver) which suggest the same source of mineralization.

Ed. Kruchkowski, P. Geo., a qualified person under National Instrument 43-101, is in charge of the exploration programs on behalf of the Company and 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. For investor information please call 250-636-2264 or Gary Assaly at 604-377-7969.

We seek Safe Harbor.

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