Decade Has Started Exploration on Claims Near Mt Milligan and the Copper-Silver Treasure Mountain Property in Terrace
Decade Resources Ltd.
426 King Street
Stewart, BC
V0T 1W0
TSX.V Trading Symbol: DEC
NEWS RELEASE
May 11, 2021
Decade Has Started Exploration on Claims Near Mt Milligan and the Copper-Silver
Treasure Mountain Property in Terrace
Stewart, BC – Decade Resources Ltd (“Decade” or the Company) announces that with the
recent price increases in copper and precious metals, the Company is conducting exploration
on a recently staked claim area near Mt Milligan. Mineralized outcrops with chalcopyrite have
been identified on the property.
The Company is developing a program to explore the Treas ure Mountain property as well.
Plans in early 2021 are to first sample reported copper stained outcrops along newly
developed logging roads within the claim boundaries. The property lies approximately 35
kilometers east of Terrace, British Columbia within the Skeena Mining Division. The Treasure
Mountain property consists of 26 mineral claims totaling 9,950.6 hectares owned 100 % by
Decade. The property was purchased from Detour Mines in 2017. The company has a drill
permit for the property as well as construction of 12 km of trail.
High copper and silver values are associated with a very thick, crudely bedded,
predominantly andesite lapilli tuff to tuff breccia and volcanic breccia. Rocks of this unit which
are of Jurassic Telkwa/Hazelton formation age, oc cur predominantly in the western to
northwestern part of the Treasure Mountain property . Chalcocite, bornite and minor
chalcopyrite and pyrite occur as disseminations and veinlets along several beds within the
pyroclastic rocks. The favorable horizon has been traced over at least 10 km of strike length.
The property contains numerous copper-silver showings of which the Purdex and Danee
zones, 6km apart along the horizon are the most prominent. Shear zones cutting the horizon
are generally highly mineralized with copper-silver and occasionally gold values.
Past sample results from some of the previously tested zones by Decade are described
below:
Purdex Zone
The Purdex zone has had the most exploration carried out on it to date. It appears to have an
upper and lower zone separated by a dyke. A number of trenching programs and drill
programs were carried out during 1956, 1964 and 2005- 2008. Results indicate substantial
copper and silver intersections over appreciable widths. During the 2017 exploration progr am
Decade collected a total of nine chip samples ranging in length from 0.9 to 4.0 metres . All
samples except one were collected from old trenches. They assayed from 0.49 to 5.51 %
copper and from 7.2 to 42.7 g/t silver. They gave a weighted average of 3.37% copper and
30.68 g/t silver . In 1964, a flat drill hole intersected 16.77m of 2.11 per cent copper and in
this area a 1965, a 26 metre long chip returned 2.44 per cent copper . “The Qualified Person
has not completed sufficient work to verify the histor ic information on the Property,
particularly in regards to the historical drill results and any sampling. However, the Qualified
Person believes that drilling and analytical results were completed to industry standard
practices. The information provides an indication of the exploration potential of the Property
but may not be representative of expected results.”
Danee Zone.
The 2017 program consisted of resampling of the 2007 pits and trenches. A composite grab
collected from a 15-20 cm wide, partially exposed fault assayed 4.01% Cu, 55.5 ppm Ag and
61 ppb Au. Grab sampling of a 10-20 cm wide quartz -chalcocite vein yielded 4.43 % Cu, 45
ppm Ag and 38 ppb Au. Sampling was only restricted to exposed shears as the trenches
were overgrown and filled in with debris. The Company plans to expose the full width of the
zone during 2021 exploration.
Trail Zone.
During the 2017 program three old trenches were found and resampled in the area
designated as the Trail zone in a 2008 Assessment Report. A grab from one of the trenches
returned 1.51% Cu and 9.98 g/t Au. The sample represent ed quartz-carbonate replacement
of feldspar porphyritic andesite or basalt with 2-3% disseminated bornite and chalcopyrite.
Odra Zone(new)
The zone, partially exposed by an excavator dur ing a previous exploration program has
quartz-carbonate veins with minor pyrite and some malachite stain. Grab sampl ing of a vein
returned 1.14% Cu, 35.8 g/t Ag and 22.7 g/t Au.
DF
This major copper -silver occurrence (also named Northwest and Snow 31 zone) is located
about 500 metres south-west of the Purdex zone. MINFILE provides the following description
of the zone: “Bornite, chalcocite, chalcopyrite and malachite occur as disseminations, in
vesicles and in fractures within the purple flow rocks and t uffs and, to a lesser degree, the
porphyry sill. The best ore occurs along an east fault in the top of the trachytic porphyry and
adjacent purple porphyry and tuff. The mineralized zone where exposed (No. 2 Zone) is
about 120 metres long and 90 metres wide. A 13 metre sample from a trench assayed 1.54
per cent copper (Property File: Campbell, 1964).”
During the 2018 exploration program a Decade Resources crew was able to locate the zone
and collect several grab samples which returned from 0.17 to 2.57 % c opper and from 0.9 to
34.8 g/t silver. However, the authors examined only part of this strongly overgrown zone and
more time is required to locate the old trenches and to fully evaluate the zone.
Wells
In MINFILE the zone is described as follows: “Mineralization consisting of bornite, chalcocite
and cuprite occurs in three shear zones cutting andesitic volcanic rocks of the Jurassic
Hazelton Group. The variably oriented shear zones are up to 1.2 metres w ide and contain
stringers of quartz, calcite and epi dote, up to 20 centimetres wide. A 1.2 metre sample from
an adit assayed 9.5 per cent copper, 79 grams per tonne silver and trace gold (Minister of
Mines Annual Report 1917). A sample of another shear zone assayed 4.2 per cent copper
and 103 grams per tonne silver over 3 metres (Minister of Mines Annual Report 1917).” “The
Qualified Person has not completed sufficient work to verify the historic information on the
Property, particularly in regards to the historical drill results and any sampling. However, t he
Qualified Person believes that drilling and analytical results were completed to industry
standard practices. The information provides an indication of the exploration potential of the
Property but may not be representative of expected results.”
The Treasure Mountain property has a great potential to host copper -silver and /or copper -
gold deposits. It features numerous copper showings as well as newly located copper -gold
showings of which only part hav e been examined recently. An IP geophysical survey
covering the Purdex and other zones has recommended for the next phase of exploration.
“Grab samples are solely designed to show the presence or absence of any mineralization
and to characterize the metal tenor in this mineralization. Grab samples are by definition
selective and not intended to provide nor should be construed as a representative indication
of grade or mineralization at the Project.”
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 proper ties 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 developm ents, 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.”