Corporate Update
Decade Resources Ltd.
426 King Street
Stewart, BC
V0T 1W0
TSX.V Trading Symbol: DEC
NEWS RELEASE
July 18, 2018
Corporate Update
Stewart, BC – Decade Resources Ltd (“Decade”) is pleased to report that the 2018 field
season is underway , encompassing high priority drilling and initiatives on the following
properties:
Red Cliff Property
On its 65% owned Red Cliff property, Decade as operator has completed 36 drill holes
in the area of the Waterpump zone. Twenty four holes were drilled on the zone itself as
well as 12 holes testing the gold bearing structure on the property. The holes drilled on
the Waterpump were successful in intersecting the zone. Photos of core from DDH -
MON-18-21 and DDH -MON-18-22 are shown in the photo gallery in the R ed Cliff
section of the company website (https://decaderesources.ca/news/projects/red-cliff-
property). This afore mentioned mineralization was intersected over 10 m of core length
in both holes.
Highlights of assays obtained during the 2017 drill program on the Waterpump include:
Intersection of 13.88 g/t gold over 7.5 m in DDH-17-M0N-38.
Intersection of 10.41 g/t gold over 22.87 m in DDH-17-M0N-40.
Intersection of 7.21 g/t gold over 7.16 m in DDH-17-M0N-41.
High priority samples have been sent to an accredited lab for assays . The Company
looks forward to reporting results in the coming weeks.
The drill has been relocated to the north side of Lydden Creek and will continue testing
the Montrose zone. Drilling is designed to expand and extend on results at the northern
most drilling at depth. Drilling will be north of and below the following drill hole
intersections:
Intersection of 5.18 g/t gold over 12.65 m in DDH-09-M0N-11.
Intersection of 11.0 g/t gold over 6.86 m in DDH-11-M0N-06.
Intersection of 28.10 g/t gold over 8.9 m in DDH-11-M0N-09.
Intersection of 43.91 g/t gold over 7.47 m in DDH-11-M0N-11.
Drilling will test from 150 to 300 m below surface in this area.
The property is located in the “Golden Triangle” area of British Columbia, 2.5 km from a
paved highway and the power grid. The property area is among the world’s most prolific
mineralized districts, host to pa st and current mining operations including Scottie Gold,
Porter – Idaho, Johnny Mountain, Red Mountain, Snip Mine, Premier Mine, Golden Bear
and Valley of the Kings. The Golden Triangle has reported mineral resources (past
production and current resources) in total of 67 million oz of gold, 569 million oz of silver
and 27 billion pounds of copper. Pretium is milling in excess of 2700 tonnes per day
from the Valley of Kings deposit. It has 1.6 million ounces gold in the proven category
(grade 14.5 g/t) and 6 .5 million ounces in the probable category (16.1 g/t grade)
(Pretium website). Seabridge has 460 million tonnes grading 0.68 g/t gold and 0.17 %
copper in the proven category as well as 1,738 million tonnes grading 0.51 g/t gold and
0.22 % copper in the pr obable category. This reserve is within 4 different deposits
(Seabridge website).
Treasure Mountain property
Well defined outcrops on the Treasure Mountain property are strongly leached of
copper, making copper mineralization very difficult to detect by traditional prospecting or
soil sampling techniques. The Company has identified that due to “over leaching”, high
grade copper can only be distinguished on the surface can only be found after removing
the first 10 to 15 cm of barren rock. Highlights of the Company’s 2017 sampling
campaign include:
22.7 g/t Au, 1.14% Cu and 35.8 g/t Ag from a new showing that is a partially
exposed shear in an overburden covered area.
9.98 g/t Au and 1.51% Cu from a grab sample from an old trench.
A weighted average of 3.37% copper and 30.68 g/t silver from nine chip
samples.
A field crew is following up on 2017 results with additional prospecting and sampling.
Georgia River Property
The Georgia River property is comprised of n arrow quartz veins with pyrite, pyrrhotite,
galena, sphalerite, chalcopyrite, arsenopyrite and electrum (gold -silver alloy) occur ring
along northerly trending fault zones. The Southwest vein has been exposed by
trenching and drilling for a strike length of at least 595 m ove r a vertical distance of at
least 258 m. It has also been explored by two adits 85 metres apart topographically; the
No. 1 level has been drifted along 47.8 m of the vein while the No. 2 has drifted for
155.5 m along the vein. From a small stope on the No 2 level, a total of 454 tonnes
were mined and milled in 1937, yielding 10,200 grams Au, 12,705 grams Ag and 3312
kg Pb at an average grade of 22.56 g/t Au, 28.11 g/t Ag and 0.73 % Pb.
The Company is presently finalizing a drill plan for the Georgia River property.
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 expl oration 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.”