Decade Discovers New Zone at the Del Norte Project
Decade Resources Ltd.
426 King Street
Stewart, BC
V0T 1W0
TSX.V Trading Symbol: DEC
NEWS RELEASE
August 13, 2020
Decade Discovers New Zone at the Del Norte Project
Stewart, BC – Decade Resources Ltd (“Decade” or the Company ) announces that it
has discovered a new zone just west of the LG vein. The Del Norte property was
optioned from Teuton Resource Corp. in January of 2020 with terms allowing the
Company to earn up to a 55% interest in the property by spending $4 million over a five
year period. The Company can an earn an additional 20% interest by carrying the
property to commercial production. The property lies within BC’s “Golden Triangle”
located 34 kilometres east of Stewart, BC and is comprised of 5,830.16 ha in 13
separate claims.
Teuton has informed the Company that they have received a verbal confirmation of
permitting from the Ministry of Mine s allowing drilling for the property and this will
commence once formal notification has been received.
The new zone called Eagles Nest consists of quartz veining with associated brecciation
over widths that are up to 6 m. A main quartz vein up to 2 m wi de in the middle of the
new zone carries minor galena, sphalerite, tetrahedrite, chalcopyrite and pyrite with
veinlets in the breccia along the walls carrying strong galena and sphalerite. The zone
has been traced for a minimum of 400m. It is just to the west of intersections on the LG
vein that were as follows:
Drill Holes Width (m)* Gold g/t Silver g/t Gold Equivalent)**
g/t
DDH 04-036 8.60 3.02 270.50 6.46
DDH 05-02 15.54 6.47 346.02 10.88
* Drill Indicated width only
** Gold equivalent calculated as follows: Gold- Silver ratio of 78.5 based on today’s
closing prices of $1,890.5 an ounce for gold and $24.07 an ounce for silver.
There are 3 distinct silver -gold rich veins and breccias in the area presently being
explored. These are the Kosciuszko (K-zone), LG and the new Eagles Nest zones.
Widths on these veins can be up to 10-12 m. The Company has sampled this new zone
and samples are being shipped to the laboratory for analysis.
Two photos of the new zone have been attached to the bottom of this release. Captions
in the upper right hand corners discuss the photos.
Exploration work is being conducted from Stewart in order to avoid a camp situation that
may lead to health concerns due to the Covid - 19 virus. The Company uses a Stewart
based helicopter for support. A pad building crew , diamond drill crew and support staff
are presently mobiliz ing to a staging area near the project. The geological crew is one
that the Company has relied on for a number of years and which has intimate
knowledge of the property.
The Company completed a $1.2 million flow through financing to fund the program.
Analysis will be performed by Activation Laboratories Ltd in Kamloops 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 root s 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.”