Decade Provides an Update ON Planned Del Norte Exploration
Decade Resources Ltd.
426 King Street
Stewart, BC
V0T 1W0
TSX.V Trading Symbol: DEC
NEWS RELEASE
July 2, 2024
DECADE PROVIDES AN UPDATE ON PLANNED DEL NORTE EXPLORATION
Stewart, BC – Decade Resources Ltd (“Decade”) reports that it has had discussions with
contractors on program s intended to explore the Del No rte Project. The property is
located 34 kilometres east of Stewart, BC and is comprised of 5,830.16 ha in 13 separate
claims. It 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 earn an additional 20% interest by carrying
the property to commercial production.
The Del Norte property contains numerous mi neralized zones. The two most important
mineralization events are asso ciated with quartz veins and bre ccias which are spatially
restricted to felsic packages and the footwall contact of thrust zones as well as porphyry
copper-gold. In the area of thrusting, quartz veins and breccia include the Argo/LG
Vein/LG Extension Zone, Kosciuszko Zone / SP, Eagle’s Nest, and New zone. The
Argo/LG Vein/LG Extension Zone has been traced over 1.2 km while the New zone was
observed over 100 m of strike in a high mountain pass between 2 ice fields. The
Kosciuszko/ SP zone has been traced over 1.2 km as well, whil e the Eagle’s Nest zone
has been traced over 400m.These are marked by a distinct altera tion halo, with a
propylitic zone constituting the outer envelope of the mineralization. Galena, sphalerite,
pyrite and minor chalcopyrite and tetrahedrite are common in these quartz veins.
The porphyry copper-gold mineralization has numerous copper showings associated with
this style along the south slopes of Del Norte Creek.
With recent ablation of the glacial ice, the Company plans to conduct more exploration on
the Kosciuszko structure containing the Kosciuszko, SP and K-Dog zones. High gold and
silver assays have been obtained on the limited exposures over a strike length of at least
500 m with the SP zone just south of the K-zone. The K- zone is covered by ice to the
north of exploration work to date. It has received limited drilling, with all 7 holes completed
containing gold and silver. Five holes tested the K-zone and 2 holes testing the SP zone.
A diagram showing the 2002 drill results on the K-zone is attached below:
The above diagram shows the mi neralized zone cross cutting the strike of sediments to
the left with felsic volcanics to the right. The felsic volcanics are located stratigraphically
at the same geological horiz on as that hosting the Eskay Creek deposit. In the above
diagram, the mineralized zone is up to 10 m wi de as shown by the 2002 trench in the
lower right that assayed 6.14 g/t Au and 630.85 g/t Ag over its entire width. A trench in
2006 above the 2002 drilling returned 15 m of 3.93 g/t Au and 267.59 g/t Ag as shown in
the following photo.
Due to falling ice, steep conditions and snow cover, little work has been done in this area.
With the recent ice melt exposing potential drill pads, the Company plans to explore the
possibility of conducting more work on this gold-silver bearing structure.
To the south, approximately 500m, the structure is exposed showing the SP zone. The
accompanying photo shows 2006 trenching over a number of mineralized veins within a
wide quartz breccia structure. Drilling, south of the initial trench discovery in 2002,
intersected 1208 g/t silver and 26.54 g/t gold over 4.05 m on the same or sub-parallel
structure (SP zone). Surface grab sampling in a trench for the above mentioned drill hole
assayed up to 3910 g/t silver and 19.5 g/t gold. The accompanying photo shows sample
results for the SP zone.
Ed. Kruchkowski, P. Geo., a qualified person under National Instrument 43-101, is in
charge of the exploration programs on behalf of the Company and is responsible for
the contents of this release. E. Kruchk owski 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 se ctor. Decade holds numerous properties at
various stages of development and explorati on 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 comple te listing of the Company assets and
developments, visit the Company website at www.decaderesources.ca. 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
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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 condi Ɵons and therefore involve inherent risks and uncertain Ɵes. Actual results may di ffer
materially from those currently anƟcipated in such statements.”