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DEC.V ·

Decade Announces Results FOR Red Cliff Drilling

Corporate Updates

Decade Resources Ltd.

426 King Street

Stewart, BC

V0T 1W0

TSX.V Trading Symbol: DEC

NEWS RELEASE

July 18, 2023

DECADE ANNOUNCES RESULTS FOR RED CLIFF DRILLING

Stewart, BC – Decade Resources Ltd (“Decade” or the Company announces that it has

started a drill program on the Red Cliff property. The property is located 20 km north of

Stewart BC in the “Golden Triangle” region of the Skeena Mining Division.

The property was a copper producer in the early 1900’s and had a railway that transported

ore to tidewater and then a copper smelter in Prince Rupert. It has a greater than 1.2 km

zone of alteration and mineralization that is in excess of 40m wide. The Red Cliff Zone at the

south end of the mineralization zone on the property was historically developed with 2,385

meters of underground workings on five levels from four portals over a vertical distance of

several hundred meters along 50m of strike. L imited copper-gold production was reported in

1910-1912 and 1973. From 1910 – 1912, production from the Red Cliff Zone amounted to

approximately 1,136 tonnes at a grade estimated to average 5 percent copper (BC Minfile).

The Lower Montrose Zone occurs approximately 1,000 meters to the north of the Red Cliff

Zones within Lydden Creek canyon consisting of silicified andesite associated with shearing,

with pyrite, chalcopyrite, galena and sphalerite min eralization occurring i n quartz veins and

stockworks. This zone has been developed along two short adits in a very steep part of the

property. During 1939-41, a total of 59 tonnes was mined, averaging 84.4 grams/tonne gold,

101 grams/tonne silver, 0.91 percent copper, 3.5 perce nt lead and 4.41 percent zinc (BC

Minfile). The recent drilling tested the Upper Montrose zone, 200 meters further north.

Drilling by the Company in 2012 has indicated that mineralization extends to at least 600m

below surface in the area of the Upper Montrose.

In the first 12 holes of the 2023 program, analysis has shown elevated copper and zinc

values associated with Upper Montrose zone. A total of 23 short holes were completed along

125m of strike length testing for structure, mi neralization plunge and values in a previously

sparsely tested area. DDH 1- 21 were off 5 pads at the highest elevation of the Upper

Montrose. Pad 1 was located in an overburden covered area and drill location was

inadvertently on top of the zone and failed to intersect it even though deeper drilling from

150m away indicated the presence at depth. Pad 2 was 40m north and farther west of the

Upper Montrose as indicated by intersections. Ass ay results for the first 12 holes are as

follows:

UPPER MONTROSE

DDH No. From

(m)

To (m) Core

Length

(m)

Copper

%

Gold g/t

MON-2023-6 5.79 7.92 2.13 0.35 6.78

MON-2023-7 5.56 12.5 6.94 0.34 1.72

MON-2023-8 10.03 17.68 7.65 0.33 5.6

MON-2023-9 8.53 17.68 9.15 0.85 8.7

MON-2023-10 9.92 16.5 6.58 0.27 5.27

MON-2023-11 14.3 19.2 4.57 0.19 1.61

MON-2023-12 38.4 40 1.6 0.59 3.91

Copper values were also present in holes 6 through 12, averaging 0.12% and ranging from

0.5 ppm to as high as 2.1% in MON-2023-09.

Work is continuing in order to better understand the distribution of high-grade gold values

within the mineralized zone.

Decade and its joint venture partner MTB and are jointly designing a drill program that

involves one deep hole below Upper Montrose/Lower Montrose as well as testing 2 parallel

mineralized zones south of the Red Cliff workings which have never been tested.

Further assay results will be released when received.

The assays were performed by ALS Canada Ltd in Vancouver BC.

Ed Kruchkowski, P. Geo., a qualified person under National Instrument 43- 101 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.”