09:44:45 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



Decade Resources Ltd (3)
Symbol DEC
Shares Issued 88,798,404
Close 2024-01-25 C$ 0.06
Market Cap C$ 5,327,904
Recent Sedar Documents

Decade Resources drills 8.08 m of 2.26% Cu at Copper

2024-01-25 11:16 ET - News Release

Mr. Ed Kruchkowski reports

DECADE ANNOUNCES COPPER ASSAYS FROM DRILLING ON NEAR SURFACE SHALLOW COPPER-SILVER MINERALIZATION AT THE NOBODY KNOWS COPPER PROJECT, TERRACE BC. INTERSECT 8.08 M OF 2.26 per cent COPPER. PLANS 2024 DRILL PROGRAM AT THE PROJECT

Decade Resources Ltd. has received the assays from the recent drill program at the Nobody Knows No. 1 and Nobody Knows No. 2 zones at the Copper River project. The project is part of a large claim holding consisting of 52 contiguous minerals claims which include Nobody Knows, Dardanelle (presently farmed out) and Treasure Mountain properties totalling 23,016.7 hectares. All 52 mineral claims are 100 per cent owned by Decade Resources Ltd. The project stretches from 10 to 40 air kilometres east of Terrace, B.C., on the northern slopes of the Copper River valley. Highlights of the program include:

  • 4,410 metres (m) of drilling was completed in 33 drill holes;
  • The discovery drill holes show similarities to many of the world's major sediment-hosted copper systems with the association of silver with copper;
  • The dacitic and syenitic rocks hosting the copper mineralization present have been sheared with abundant ground up copper mineralization (bornite and chalcocite) in the fault gouge;
  • 7.19 per cent copper (Cu) equivalent (6.75 per cent Cu and 50.3 g/t silver (Ag)) intersected over 0.76 m in DDH-NB-23-1;
  • 6.73 per cent Cu equivalent (5.39 per cent Cu and 155 g/t Ag) intersected over 2.13 m in DDH-NB-23-2;
  • 3.23 per cent Cu equivalent (2.99 per cent Cu and 27.3 g/t Ag) intersected over 2.94 m in DDH-NB-23-1;
  • 2.2.18 per cent Cu equivalent (2.05 per cent Cu and 15 g/t Ag) intersected over 5.74 m in DDH-NB-23-16;
  • The company tested approximately 200 m of the zone. Drilling was restricted to the presently logged areas and the company has applied for disturbance permits for forested areas along strike to the Nobody Knows No. 2 zone. For the purposes of conducting a 2024 drill program at the Copper River project, the details are currently being planned and finalized.

Mineralization is dominated by bornite, chalcocite and malachite with lesser covellite and chalcopyrite and little to no pyrite. These sulphides constitute from trace to 5 per cent of the rock forming grains, small blebs and veinlets which show strong association with silicification and shearing. This type of mineralization does not contain any appreciable gold but is enriched in silver fitting the model of a red bed type copper-silver mineralized system.

Assays for the entire 33 drill holes are shown in the attached table with assays. DDH-23-NB-1-22 inclusive and DDH-NB-23-31-33 inclusive are over the Nobody Knows No. 2 showing. DDH-NB-23-26 inclusive tested small copper showings along the West Copper River Forestry road and DDH-23-NB-27-30 inclusive tested the Nobody Knows No. 1 showing, 1.2 km east of the Nobody Knows No. 2 showing. For the latter two drill areas, only drilling on the Nobody Knows No. 1 showing intersected short intervals of higher-grade copper within chalcopyrite-bearing limestone fragments in a highly epidote altered andesite. For DDH-23-33 was terminated early due to freeze up conditions. Based on drilling, the Nobody Knows No. 2 zone is not related to mineralization at the Nobody Knows No. 1 zone as initially interpreted. The strike zone from the Nobody Knows No. 2 zone to the previous drilling at Treasure Mountain is approximately 20 km east. The company is currently assessing targets on Treasure Mountain to be included in the 2024 drill program.

The company is highly encouraged by the results to date which included the first drill program that was conducted on the Nobody Knows claim blocks.

All samples were analyzed by ALS Labs in North Vancouver, B.C.

Ed Kruchkowski, PGeo, 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. Mr. Kruchkowski is not independent of Decade as he is the president of the company.

About Decade Resources Ltd.

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.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.