Decade Samples up to 23 g/t Gold on Crackle zone at the Del Norte Project
Decade Resources Ltd.
426 King Street
Stewart, BC
V0T 1W0
TSX.V Trading Symbol: DEC
NEWS RELEASE
July 16, 2020
Decade Samples up to 23 g/t Gold on Crackle zone at the Del Norte Project
Stewart, BC – Decade Resources Ltd (“Decade” or the Company ) announces that it
has received assays from surface grab sampling on the Crackle zone at the D el Norte
project.The Del Norte property 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 an earn an additional
20% interest by carrying the property to commercial production.
Sampling was at the east side of the Crackle zone located along the bottom of Del
Norte Creek. The zone consists of a strong quartz -calcite stockwork along fractures and
shear zones. Sulphides consisting of arsenopyrite, pyrite, pyrrhotite and chalcopyrite
form veins and stringers within the above stockwork over a 700 m square area.
Samples were from bedrock as well as abundant float in the immediate area. Results
above 1 g/t gold area as follows:
Sample Number Sample Type Gold g/t
DN-20-06 Outcrop grab-0.5m wide zone 23
DN-20-07 Outcrop grab-0.5m wide zone 18.8
DN-20-08F Float grab 2.17
DN-20-14L Outcrop grab -1 m wide zone 1.14
Dn-20-15L Outcrop grab -1 m wide zone 13.2
DN-20-18F Float grab 3.07
DN-20-19F Float grab 4.3
DN-20-20F Float grab 2.37
*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 zone; and the grab samples analysed from the exploration program reflect a broad range in grade
from below detection limit to the grades highlighted herein.”
The Company plans a program of channel and chip sampling across exposed
mineralized outcrops to better define gold tenor. The Company has arranged
contractors for the exploration work on the Del Norte property. The property lies within
BC’s “Golden Triangl e” located 34 kilometres east of Stewart, BC and is comprised of
5,830.16 ha in 13 separate claims.
Exploration work will be conducted from Stewart in order to avoid a camp situation that
may lead to health concerns due to the Covid - 19 virus. The Company has arranged
helicopter support as well as a pad building crew , diamond drill crew and support staff .
The geological crew is one that the Company has relied on for a number of years and
which has intimate knowledge of the property.
At present, the Company is awaiting drill permits for the property but has commenced
surface sampling while awaiting these.
The Company has completed a $1.2 million flow through financing to fund the program.
Analysis were performed by Activation Laboratories Ltd in Kamloops BC.
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 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.”