Treasure Mountain Exploration IN 2022 Indicates High Copper-Silver Assays.
Decade Resources Ltd.
426 King Street
Stewart, BC
V0T 1W0
TSX.V Trading Symbol: DEC
NEWS RELEASE
March 14, 2023
TREASURE MOUNTAIN EXPLORATION IN 2022 INDICATES HIGH COPPER-SILVER
ASSAYS.
Stewart, BC – Decade Resources Ltd (“Decade”) reports that it has received assay values
for over 300 surface samples from the Treasure Mountain-Nobody Knows-Terrace Gold
projects in the Terrace BC area. The project stretches from 10 to 40 air kilometers east of
Terrace, B.C., on the northern slopes of the Copper River valley. The project consists of 48
contiguous minerals claims totaling 17,470 hectares which form Treasure Mountain, Nobody
Knows, Dardanelle (presently farmed out) and Treasure Mountain properties. All 48 mineral
claims are 100% owned by Decade Resources Ltd. The eastern part of the property
(Treasure Mountain group of claims) is predominantly underlain by volcanogenic rocks of the
Jurassic Telkwa/Hazelton Group. The western parts of the project (Excelsior property and the
western-central part of Dardanelle property) are underlain by predominant intrusive rocks
which belong to the Coast Plutonic Complex, specifically the Kleanza/Topley Plutonic Suite
Highlights of 2022 sampling include the following:
Location of the historic Peerless, Montana-Wells and Copper King showings.
Locating several new copper showings called the 13.5 km and Nobody Knows #
2.
Copper assays up to 41.2 % with substantial silver.
Identification of 3 periods of mineralization: namely copper-silver bearing
sulphides in volcanic red beds followed by copper sulphide-silver bearing shear
zones and last, a late-stage epithermal copper sulphide-silver-gold bearing
quartz – carbonate stockworks. Copper bearing sulphides include chalcopyrite,
bornite and chalcocite and possibly native copper.
The Treasure Mountain – Nobody Knows properties have a great potential to host copper-
silver deposits and/or copper-gold bearing stockworks. At present there are over 14 known
copper bearing areas. They feature numerous copper showings of which only part have that
been examined in 2022. The main copper occurrences appear to be associated either with
basalt or its subvolcanic equivalent (diabase). Other copper occurrences are related to faults
and fracture zones. Almost all showings in this area have a similar mineralogy (mostly bornite
and chalcocite) and geochemical signature (copper-silver) which suggest the same source of
mineralization.
During the 2022 program, representative grab sampling was completed over areas of interest
and mineralization. Assay values ranged <0.005 to 3.196 g/t gold, <0.5 to 394 g/t silver and 5
ppm to 41.2 % copper. All values reported are for the 2022 exploration program.
The Keeler showing has been described in BC MINFILE as follows: “Andesitic volcanics of
the Jurassic Hazelton Group are cut by intrusive dykes and northeast trending shear zones.
A shear zone, dipping 75 degrees west and up to 2 metres wide, contains quartz- calcite
veinlets mineralized with lenses of chalcocite, bornite, magnetite, and chalcopyrite.” Grab
sampling by Decade has returned the following 2022 assays from the area of the reported
showing:
Sample
Number Gold g/t Silver g/t Copper %
180873 0.275 10 2.00%
180874 0.222 11.6 2.30%
180875 0.089 4.8 0.81%
180876 0.088 6.3 1.19%
180877 0.079 7.3 1.43%
The region of the reported Montana-Wells showings is in a cirque at the head waters of
Mattock Creek. In BC MINFILE the Montana is described as follows: “Shear zones with
associated quartz-calcite veins cut andesitic volcanic rocks of the Jurassic Hazelton Group.
Mineralization consists of stringers and disseminations of bornite and chalcocite.“ The Wells
zone is described as follows: “Mineralization consisting of bornite, chalcocite and cuprite
occurs in three shear zones cutting andesitic volcanic rocks of the Jurassic Hazelton Group.
The variably oriented shear zones are up to 1.2 metres wide and contain stringers of quartz,
calcite and epidote, up to 20 centimetres wide. “ Grab sampling by Company has returned
the following 2022 assays from the area of the reported showing:
Sample Number Gold g/t Silver g/t Copper %
180880 3.196 32.6 6.83%
180881 0.008 1.2 2962
180882 0.005 9.4 1.11%
180883 0.011 20.9 2.19%
180884 0.021 14.1 1.53%
180885 0.097 4.7 9248
180886 0.758 23 2.57%
180887 0.906 82.7 5.01%
180888 0.093 24.7 1.68%
180889 0.176 50.7 5.12%
180890 0.407 58.7 6.24%
180891 0.266 120 5.67%
180892 0.408 12.5 1.44%
Sample 180880 is from a late quartz-carbonate vein representing the last mineralizing stage
on the property. Approximately 600 m west, in the area of the postulated Wells showing,
significant 2022 samples are as follows:
Sample Gold g/t Silver g/t Copper %
Number
180873 0.032 28.8 1.32%
180874 0.008 16.4 2.18%
180875 0.224 16.7 3.02%
180876 0.007 5.2 5596
180877 0.008 48.8 2.23%
180878 0.05 24 1.34%
180879 0.049 13.3 7436
180880 0.028 42.7 1.84%
180881 0.016 38.3 1.79%
180882 1.381 394 15.85%
For the Copper King showing, a brief description of this zone copied from MINFILE is as
follows: “The area is underlain by felsic to basic volcanic rocks of the Jurassic Hazelton
Group. Copper minerals, likely chalcocite and bornite, occur in the volcanics. ” Grab sampling
by Company has returned the following assays from the area of the reported showing:
Sample
Number Gold g/t Silver g/t Copper %
180893 0.061 22.3 1.14%
180894 0.142 <0.5 0.11
180895 0.08 3.2 0.21
180896 0.151 <0.5 0.31
The Nobody Knows 2 showing is a random grab of a float rock in an area of abundant
mineralized boulders. It appears to be a sample in an area of sub-outcrop. The one sample
from this area yielded the following result:
Sample
Number Gold g/t Silver g/t Copper %
AW-240 0.183 220 41.40%
The 13.5 Km showing is in a recent logging road cut consisting of a 4-5 m wide shear with
chalcopyrite and abundant malachite. Grab sampling yielded the following results:
Sample
Number Gold g/t Silver g/t Copper %
TM-9 0.935 28.2 2.09%
TM-10 0.006 <0.5 0.01%
TM-11 0.022 3.1 0.45%
TM-12 0.561 17.6 1.67%
TM-13 0.876 33.5 3.33%
Assays have been completed by MSA Labs in Langley BC.
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 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. 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.”