Decade to Acquire Pro-Rata Portion of 1.0% NSR IN Red Cliff/Montrose Property

Not for distribution to U.S. news wire services or dissemination in the United States.

DECADE RESOURCES LTD.

611 - 8th Street

Stewart, British Columbia, V0T 1W0

Telephone: (250) 636-2264 Fax: (250) 636-2265

DECADE TO ACQUIRE PRO-RATA PORTION OF 1.0% NSR IN RED CLIFF/MONTROSE

PROPERTY

October 23, 2017

Stewart, British Columbia – Decade Resources Ltd., TSX -V: DEC (the “Company” or

"Decade") is pleased to announce it has entered into a royalty purchase agreement (the

"Agreement") with Mountain Boy Minerals Ltd. (“Mountain Boy”) and an arm's length

individual royalty holder (the “Vendor”), wherein the Company and Mountain Boy have agreed

to purchase 100% of the Vendor's 1.0% net smelter return royalty ("NSR") in certain mineral

claims known as the Red Cliff/Montrose property, situated in the Cassiar District,

approximately 25 miles north of the Town of Stewart, British Columbia (the "Property"). The

Company and Mountain Boy are, subject to royalties, beneficial owners of a 65% and 35%

interest, respectively, in the Property; accordingly, the Company will purchase 65% of the

NSR from the Vendor and Mountain Boy will purchase 35% of the NSR from the Vendor

pursuant to the terms of the Agreement.

Under the terms of the Agreement, in consideration for their respective pro- rata portion of the

NSR, Decade will pay $6,500 cash consideration and issue 280,000 common shares in the

capital of the Company to the Vendor and Mountain Boy will pay $3,500 cash consideration

and issue 171,428 common shares in the capital of Mountain Boy to the Vendor. At closing,

following the transfer of the NSR to the Company and Mountain Boy, the NSR will be

cancelled pursuant to the terms of the Agreement. The acquisition remains subject to

approval of the TSX Venture Exchange.

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 up dated. For i nvestor information please

call 250-636-2264 or Gary Assaly at 604-377-7969.

ON BEHALF OF DECADE RESOURCES LTD.

"Randolph Kasum"

Randolph Kasum

Director

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 contains forward –looking statements related to the anticipated closing of the royalty purchase.

Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties,

including risks related to receipt of required regulatory approval and general transaction closing risk. Actual results may

differ materially from those currently anticipated in such statements. The Company expressly disclaims any intention or

obligation to update or revise any forward -looking statements whether as a result of new information, future events or

otherwise except as otherwise required by applicable securities laws.