Mr. Ed Kruchkowski reports
DECADE ACQUIRES BONAPARTE COPPER - GOLD PROPERTY IN KAMLOOPS MINING DIVISION
Decade Resources Ltd. has acquired the right to earn an 80-per-cent undivided interest in three mineral claims totalling 2,969.58 hectares located approximately 50 kilometres north of Kamloops, B.C., within the Kamloops mining division.
Under the terms of the option agreement, the optionor (an arm's-length party to Decade) granted Decade the sole and exclusive right and option to earn an 80-per-cent undivided interest in the property by making the following payments to the optionor as follows.
Date of option payment Shares issued to optionee
Upon the effective date of the option agreement 2,937,713
On or before first anniversary of effective date 2,937,713
On or before second anniversary of effective date 2,937,713
On or before third anniversary of effective date 2,937,713
On or before fourth anniversary of effective date 2,937,713
Upon completion of all option payments, the option shall be deemed to have been exercised by Decade. Upon exercise of the option, Decade and the optionor will enter into an agreement granting a 2-per-cent net smelter return royalty in respect of the property in favour of the optionor. Half of the optionor's interest in the NSR royalty (being a 1-per-cent net smelter return royalty) may be purchased by Decade upon payment of $3-million within 12 months before the date commercial production commences on the property. Any shares issued pursuant to the option agreement will be subject to a four-month-and-one-day resale restriction from the date of issuance pursuant to National Instrument 45-102 (Resale of Securities). The option agreement and the issuance of the option payment shares remain subject to TSX Venture Exchange approval.
Management commentary
Ed Kruchkowski, president of Decade Resources, stated: "Decade had an opportunity to pick up an exciting copper-gold prospect sitting on a proven porphyry trend, yet never drill tested. In 2013, J.M. Logan and M.G. Mihalynuk of the British Columbia Geological Survey, Ministry of Energy, Mines and Natural Resources, visited the Bonaparte property. They reported that metal and alteration assemblages at the Bonaparte are shared by other porphyry deposits of the early Jurassic Takomkane-Wildhorse magmatic belt (Brenda Cu-Mo, Woodjam Au, Cu-Mo porphyry deposits) suggesting the mineralization discovered to date at the Bonaparte property represents the upper levels of a buried porphyry system. The company QP visited the property and confirmed the presence of copper mineralization within exposed intrusive rocks. The company is planning a maiden drill program on the copper-gold portion of the property and has applied for the necessary permits."
The company would also like to report that it has granted six million incentive stock options to directors and consultants of the company pursuant to the company's stock option plan. The options have a term of five years and are exercisable at a price of five cents per common share. Of the six million options granted, an aggregate of four million were granted to directors.
Clarification on use of proceeds and finder's fee from private placement that closed on Oct. 9, 2025
All of the proceeds from the sale of flow-through units will be utilized for incurring flow-through expenses that qualify as Canadian exploration expenses and flow-through critical mineral mining expenditures as defined in the Income Tax Act (Canada). Flow-through proceeds will be spent on the company's B.C. properties. None of the proceeds from the financing will be used for payments to non-arm's-length parties of the company or to persons conducting investor relations activities. The company has not allocated any specific use for funds representing 10 per cent or more of the gross proceeds.
Also, each finder's warrant, that was issued, is exercisable into one common share of the company at a price of five cents per share for a two-year period and expiring on Oct. 7, 2027.
Qualified person
Ed Kruchkowski, PGeo, president of Decade, is a qualified person as defined by National Instrument 43-101, and has reviewed and approved the technical contents of this news release.
About Decade Resources Ltd.
Decade 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.
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