Decade Samples 12.2 g/t Gold and 7240 g/t Silver in Goat Mine Dump.
Decade Resources Ltd.
426 King Street
Stewart, BC
V0T 1W0
TSX.V Trading Symbol: DEC
NEWS RELEASE
September 12, 2019
Decade Samples 12.2 g/t Gold and 7240 g/t Silver in Goat Mine Dump.
Stewart, BC – Decade Resources Ltd (“Decade” or the Company) announces that it has
received assays from the sampling on the Goat mine dump. The Goat property is located
34 km northeast of Stewart BC, within the Golden Triangle area. Mineralization on the
Goat mine consists of a parallel series of polymetallic silver - gold-zinc-lead veins that are
crudely laminated sulphide- quartz-siderite veins with massive sphalerite and
disseminated to massive arsenopyrite, pyrite, tetrahedrite, freibergite and minor galena.
The Goat Deposit was a historic producer during the late 1970’s with reported production
of about 4,159 tonnes of ore with an average grade of 563 grams per tonne (g/t) silver,
1.72 g/t gold and 1.65 per cent (%) zinc with minor lead and copper from 3,186 tonnes of
milled ore. A historic resource of 8,800 tonnes grading 4,782.9 g/t silver and 10.6 g/t gold
was reported in 1979, however the resource is not compliant with National Instrument 43-
101 guidelines. This estimate is historical and is used for reference purposes only.
Sampling was carried out in order to determine possible sulphide/precious metal
relationships. Based on the work on the dump material, high gold and silver values have
a stronger relationship to arsenopyrite and tetrahedrite rather than t he base metal
sulphides. The table below show the values obtained from the recent sampling.
Sample # Type Au g/t Ag g/t Cu % Zn % Pb %
G-19-1 Grab 12.2 7240 1.27 10.0 0.09
G-19-2 Grab 6.48 7380 1.13 22.90 6.10.9
G-19-3 Grab 9.99 2480 0.0608 0.335 0.30
G-19-4 Grab 7.86 7130 0.289 4.57 8.11
G-19-5 Grab 0.245 45.3 0.05 0.435 0.09
To date, there are 3 areas of identified gold and silver mineralization as follows:
• Goat mine with above reported historical reserves.
• North zone located 1 km northeast of the Goat mine.
• Goat cirque located 1 km south of the Goat mine.
Some of the historic sample results for the North and Goat Cirque mineralization are
shown below:
Year of Work Area Explored Sample Type Gold g/t Silver g/t
1993 North zone Float 16.35 484
1993 North zone Float 10.70 1291
1993 North zone Float 2.76 29.0
2010 North zone Float 3.44 7660
1993 Goat Cirque Outcrop Grab 17.70 1322
1993 Goat Cirque Outcrop Grab 8.75 213
2017 North Goat Float 5.69 136
The Company has a drill permit in place for the property and continues to search for the
source of other silver rich float rocks. Ablation of the ice has revealed numerous new
areas to be explored. The Company continues to conduct surface sampling in order to
locate the source of not only the silver rich VMS but other indicated gold bearing zones.
The Company is also looking at further acquisitions in the Golden Triangle area of BC.
The Company is awaiting results of their sampling in the Terrace area and will release
once the results are obtained.
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. Kruchkowski is not independent of Decade as he is the
president of the Company.
Assays are being performed by Activation Labs, a certified ISO laboratory.
Decade Resources Ltd. is a Canadia n 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.”