Decade Samples 13.6% Copper and 218 g/t Silver At Treasure Mountain
Decade Resources Ltd.
426 King Street
Stewart, BC
V0T 1W0
TSX.V Trading Symbol: DEC
NEWS RELEASE
August 22, 2018
Decade Samples 13.6% Copper and 218 g/t Silver At Treasure Mountain
Stewart, BC – Decade Resources Ltd (“Decade” or the Company) is pleased to report
that the Company has received initial assays for exploration on the Treasure Mountain
property during the 2018 field season. Exploration was conducted near the historic
Purdex showing as well as southwest of the showing. Copper mineralization consisting
of bornite and chalcocite fills the matrix of the breccia beds in the Purdex area.
Historic sampling gave a 26 metre surface chip sample that assayed 2.44 % copper and
0.4 grams per tonne silver (Minister of Mines Annual Report 1965). During a 2017
exploration program by Decade on this showing, a total of nine chip samples ranging in
length from 0.9 to 4.0 metres were collected. They gave a weighted average of 3.37%
copper and 30.68 g/t silver
During the 2018 prospecting program Decade Resources crew was able to locate the DF
zone (Minfile No:103 I 089) located some 500 metres south-west from Purdex zone . The
zone was intensely trenched in the 1960’s and according to the Minfile, the best
mineralization is contained within an exposed area 120 metres long and 90 metres wide.
A 13 metre long trench completed in the 1960’s, averaged 1.54% copper. Several grab
samples collected from the DF zone in 2018 returned from 0.17 to 2.57% and from 0.9 to
34.8 g/t silver. The area between the DF and Purdex zones is overgrown by dense
vegetation and features very few outcrops. No reported exploration has done in this area.
In the southern portion of the property a new zone of basalt hosted copper mineralization
was found. Two grab samples collected from the zone returned 0.52 and 0.74% copper,
and 16.2 and 18.6 g/t silver. Two float samples with similar mineralogy collected a few
hundred metres to the south assayed 1.92 and 5.02% copper, and 82 and 122 g/t silver.
Elsewhere on the property numerous chalcocite bearing veins were found. Grab samples
collected from these veins returned up to 8.53% copper, 29.3 silver and 517 ppb gold. A
float of quartz vein with copper mineralization assayed 13.6 percent copper and 218 g/t
silver.
The Company is undertaking a non-brokered private placement of flow -through units to
raise aggregate gross proceeds of up to $650,000 for expenditure on the Red Cliff project.
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.
Decade Resources Ltd. is a Canadian based mineral expl oration 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.”