Company Acquires Claims Adjacent to the Premier Mine
Decade Resources Ltd.
426 King Street
Stewart, BC
V0T 1W0
TSX.V Trading Symbol: DEC
NEWS RELEASE
November 6, 2018
Company Acquires Claims Adjacent to the Premier Mine
Stewart, BC – Decade Resources Ltd (“Decade” or the Company ) is pleased to
announce it has staked 19 claims totaling approximately 158 ha in the Hyder Mining
Division in Alaska. These claims are situated along the international border and are
adjacent to the Premier Mine property located on the Canadian side of the border 22 km
north of Stewart BC.
The claims encompass a number of historic mineral showings that are located in
Jurassic age intrusive rocks within the Texas Creek Plutonic suite. These Jurassic
age intrusions (193-195 Ma Premier Porphyries near Stewart; Mitchell intrusions at
Kerr-Sulphurets-Mitchell deposits) are r elated to mineralizing events in the Stewart
area and Sulphurets-Mitchell valleys. Deposits related to the this suite of rocks include
the Premier -Big Missouri deposits, Brucejack Lake and KSM porphyry copper -gold
deposits.
The newly acquired claims cover the historic Crest property that is described in B ulletin
807, G eology of Hyder and Southeastern Alaska by A. F. Buddington in 1929.
According to Buddington , a NW trending quartz -sulphide vein is present on the
property. He describes the vein as follows: “At one open cut, in the bed of a small
gulch, the vein consists of a number of small quartz stringers, some of which carry free
gold. Assays of the quartz h ave yielded as high as $105 in gold to the ton. At another
open cut a moil sample of the country rock and quartz stringers, 2 feet in width
averaged $4.50 in gold to the ton. The mineralized shoots run from $7 to $12 in gold to
the ton.” These results are historic and have not been confirmed by Company
sampling. Values of gold per ton above are calculated when the price of gold was
$20/ton.
Silt sampling along creeks crossing the Granduc road by the Company subsequent to
the acquisition yielded up to 0.2 g /t gold in stream sediments. The anomalous results
from the stream sampling indicate the presence of gold bearing structures on the newly
acquired claims.
Ed Kruchkowski, President of the Company states: “The high grade nature of the
veining on the new claims is attractive given that a milling facility may be present 7 km
away by an all-weather road. An announcement that the nearby Premier mill may be put
back into production in the near future makes this latest acquisition an attractive
exploration property given the high grade gold nature of the veins.”
The Company would also like to advise it is awaiting results from the Red Cliff drilling.
Once results are received and tabulated, the Company will be releasing the assays.
The Company is undertaking a non-brokered private placement of flow -through units to
raise aggregate gross proceeds of up to $650,000 for expenditure on the Red Cliff
project. Several tranches of financing have been completed to date.
Ed Kruchkowski, P. Geo., a qualified person un der 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 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.”