Decade Clarifies the Historical Estimate in the
Decade Resources Ltd.
426 King Street
Stewart, BC
V0T 1W0
TSX.V Trading Symbol: DEC
NEWS RELEASE
May 3, 2018
Decade Clarifies the Historical Estimate in the May 3 2018 News Release on the
Georgia River Project
Stewart, BC – Decade Resources Ltd (“Decade”) reports that it is finalizing exploration
plans for 2018 on the Georgia River project . The propert y is in the Stewart area within
the Golden Triangle of British Columbia which is among the world’s most prolific
mineralized districts. This district is host to past 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 probable category. This reserve is within 4 different
deposits ( Seabridge website)
On the property , narrow quartz veins with pyrite, pyrrhotite, galena, sphalerite,
chalcopyrite, arsenopyrite and electrum (gold-silver alloy) occur along northerly trending
fault zones. With an increase in quartz veining comes m arked gold enrichment along
the northerly shears in areas associated with their intersection with earlier northwest
veins. To date, a total of 18 vein systems have been discovered on the optioned
property of which 8 are wide NW trending quartz veins and 8 are later northerly trending
gold bearing veins. Of the identified eight north trending veins, only one, called the
Southwest vein has been explored to any great extent. Within it, there are 3 main zones
(called Zone 1, 2 and 3) of gold bearing quartz veins where it intersects the earlier
quartz veins. To date, only 1 of the above gold bearing zones along the Southwest vein
has been explored in detail. The Southwest vein has been exposed by trenching and
drilling for a strike length of at least 595 m over 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.
Based on underground sampling of the No 1 and 2 levels, surface trenching and 95
surface drill holes, a resource was cal culated for the property. The reported total
combined resources at Georgia River include 290,272 tonnes grading 28.7 grams per
tonne gold. (BC Minfile report). The resource is a historical estimate but the Company
feels that the estimate is relevant and reliable. A qualified person has not done sufficient
work to classify the historical estimate as current mineral resources or mineral reserves
and the Company is not treating the historical estimate as current mineral resources or
mineral reserves.
Highlights of past drilling include:
• 13.53 g/t over 2.98m in DDH-20-11
• 69.49 g/t over 2.44 m in DDH-GM-20
• 918.64 g/t over 0.7 m in DDH-GM-32
The Company plans a drill program in 2018 to meet its commitment under an option
agreement in which it can earn a 75 % interest.
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.”