Decade Grants an Option to Acquire 100% Interest in Bow Claims
Decade Resources Ltd.
426 King Street
Stewart, BC
V0T 1W0
TSX.V Trading Symbol: DEC
NEWS RELEASE
December 12, 2018
Decade Grants an Option to Acquire 100% Interest in Bow Claims
Stewart, BC – – Decade Resources Ltd. (" Decade" or the “ Company”) is pleased to
announce it has entered into an option agreement (the " Agreement") with Rotation Minerals
Ltd. (the "Optionee") whereby the Company has granted an exclusive option to the Optionee
to acquire a 100% interest in the Bow Claims, situated in the S keena Mining District in British
Columbia (the "Property").
Under the terms of the Agreement, the Optionee will have the op tion to acquire a 100%
interest in Property by paying total of $1,000,000 to Decade in five equal installments, subject
to a 3% net smelter return royalty.
$200,000 upon execution of this A greement (December 12, 2018);
$200,000 on or before the date t hat is 6 months after the Execution Date;
$200,000 on or before the date t hat is 12 months after the Execution Date;
$200,000 on or before the date t hat is 18 months after the Execution Date; and
$200,000 on or before the date t hat is 24 months after the Execution Date.
In the event all the payments are not made, the buyer will have no interest in the Bow
property.
The acquisition remains subject to approval of the TSX Venture Exchange (the "Exchange").
The Bow is contiguous with the Scottie property, which hosts th e past producing Scottie Gold
mine. The Bow property covers a package of Hazelton Group volc anic rocks in contact with
the Summit Lake stock, part of t he Texas Creek plutonic suite. This sequence of rocks
exhibits similar alteration and mineralization to the former-pr oducing Premier mine 20
kilometres south of the Bow pr operty, and the KSM copper-gold p orphyries and Brucejack
gold deposits 20 kilometres north of the Bow property.
Edward R. Kruchkowski serves as a director of the Company and t he Optionee, and is
considered a Non Arm's Length Party, in accordance with Exchang e policies. As such, Mr.
Kruchkowski has abstained from voting on all matters relating to the transaction.
Ed Kruchkowski, P. Geo., a qualified person under National Instrument 43-101, is responsible
for the contents of this release. E. Kruchkowski is not indepen dent of Decade as he is the
president of the Company.
Decade Resources Ltd. is a Canadian based mineral exploration c ompany actively seeking
opportunities in the resource sector. Decade holds numerous pro perties 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 north ern 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 ple ase
call 250-636-2264 or Gary Assaly at 604-377-7969.
ON BEHALF OF THE BOARD OF DECADE RESOURCES LTD.
“Randy Kasum”
Randy Kasum, Director
“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.”