Welcome to our dedicated page for Decade Resources news (Ticker: DECXF), a resource for investors and traders seeking the latest updates and insights on Decade Resources stock.
Overview
Decade Resources (DECXF) is a Canadian mineral exploration company with a focused operational base in British Columbia's Golden Triangle. Combining robust field exploration with in‐depth geological expertise, the company systematically evaluates properties at varying stages of development. Its integrated approach to examining advanced and grassroots opportunities has positioned Decade Resources as a significant player in the resource exploration sector, leveraging modern drilling techniques and comprehensive assay programs to uncover precious metals and base metal targets.
Exploration and Operational Excellence
The company directs its exploration activities across a diverse portfolio of 100% owned mineral claims. Its projects encompass extensive areas where multiple geological environments are investigated for the presence of minerals such as copper, silver, gold, and other base metals. With strategic initiatives that include high grade gold boulder evaluations, detailed mapping, soil sampling, and surface as well as underground trenching, Decade Resources addresses the complexity inherent in mineral deposit identification. The use of advanced geophysical surveys and systematic drilling programs underlines its commitment to thorough operational reviews. This approach is supported by experienced geological teams and advanced laboratory analysis, ensuring that every exploration program is backed by rigorous scientific methodology.
Strategic Business Model and Market Position
Decade Resources operates within a competitive landscape where detailed geological data and operational agility drive success. The company’s business model integrates exploration with a disciplined approach to financing, as demonstrated by its strategic private placements and flow-through share offerings. Funds raised through these methods are primarily used for working capital and exploration expenditures on its British Columbia properties, emphasizing operational sustainability and a commitment to maintaining a diversified project portfolio. By harnessing industry best practices and adhering to regulatory compliance, Decade Resources offers a nuanced case study of effective mineral exploration in a high-potential region.
Technical and Geological Insights
Utilizing industry-specific terminology and detailed geological descriptions, the company’s communications provide insights into complex mineralization processes. The exploration programs detail the occurrence of sulphide mineralization, association with quartz veining, and interpretations of magnetite and arsenopyrite clusters – all indicators that are essential to understanding the deposit formation within the region. The emphasis on assay results, drill hole data and structural mapping reinforces its technical credibility and serves as a vital resource for market participants seeking a detailed understanding of the property potential.
Regulatory and Investment Considerations
Every exploration activity is conducted under strict adherence to local and national regulatory requirements. Decade Resources’ approach is characterized by transparency in its communications, with clear disclosure of exploration results, project updates, and financing activities. The company’s commitment to precision and regulatory compliance not only enhances its operational reliability but also provides a solid framework for investor due diligence. By avoiding speculative commentary and focusing on factual reporting, Decade Resources presents an unbiased view of its current activities and strategic position in the market.
Conclusion
In conclusion, Decade Resources combines rigorous mineral exploration with a disciplined capital strategy to efficiently manage and unlock the potential of its property portfolio. Its operational focus in the prolific Golden Triangle, combined with continuous technical evaluations and a robust regulatory framework, underscores its commitment to uncovering valuable mineral deposits. The company’s expertise in advanced drilling techniques and assay analysis, along with its detailed operational reports, provides a rich, data-driven narrative for stakeholders seeking a deep understanding of the resource sector.
Decade Resources (TSXV: DEC) has received TSX-V approval to acquire the North Mitchell Property in British Columbia's Golden Triangle. The 963.45-hectare property is strategically located among major Cu-Au deposits with combined reported resources of 201.67 million gold equivalent ounces in the surrounding area.
Additionally, the company reported high-grade gold-silver-base metal discoveries at its Nobody Knows Project near Terrace. Recent select grab samples showed significant results, with gold values ranging from 0.185 to 79.12 g/t, silver from 3.35 to 927 g/t, and zinc up to 27.15%. The company plans aggressive exploration of both properties in the 2025 field season.
The North Mitchell Property is situated near the Texas Creek Plutonic suite, associated with significant gold mineralization in the region. Recent ice ablation has exposed altered rocks similar to those hosting nearby mineralization, presenting new exploration opportunities.
Decade Resources (TSXV: DEC) has reported assay results from late 2024 sampling at the Nobody Knows claim, part of their Copper River project in British Columbia. The company discovered a high-grade gold-silver-base metal zone approximately 3 km SW from the Nobody Knows #2 copper-silver red bed.
Key findings from 16 select grab samples include:
- Sample values reaching up to 79.12 g/t Au, 927 g/t Ag, 2.32% Cu, 7.93% Pb, and 27.15% Zn
- Average values (excluding wall rock sample) of 32.38 g/t Au, 245.9 g/t Ag, 1.0% Cu, 1.09% Pb, and 6.23% Zn
- Samples collected across a 200m section of road
The company plans to focus 2025 exploration on this area and is considering applying for a 10,000-tonne test based on the high metal content. Mineralogical analysis indicates mesothermal alteration-mineralization with 85-90% sulphides including arsenopyrite, pyrite, and sphalerite.
Decade Resources (TSXV: DEC) has entered into an option agreement to acquire the North Mitchell Property in British Columbia's Golden Triangle, located 70 km north of Stewart BC. The 963.45-hectare property is strategically positioned among several major Cu-Au deposits with a combined reported gold resource of approximately 201.67 million ounces in the surrounding area.
The property is adjacent to significant deposits including:
- KSM's Iron Cap deposit (36.1M oz Au) within 2 km
- KSM's Snowfield deposit (34.9M oz Au) within 2.9 km
- Tudor Gold's Treaty Creek deposit (27.87M oz Au) within 5 km
- Newmont's Brucejack & Valley of Kings deposits (14.5M+ oz Au) within 6.4 km
Decade can earn a 70% interest in the property through a series of option payments. The agreement includes a 1% NSR royalty, with an option to purchase half of it for $3 million.
Decade Resources (TSXV: DEC) has staked 1,742 hectares covering a major shear structure containing antimony mineral (stibnite) in BC's Golden Triangle area. The property, located 40km NE of Stewart BC, features a quartz-stibnite vein system up to 5 meters wide, traced over 300 meters.
The mineralization includes zones up to 15 meters wide with massive stibnite and arsenopyrite pockets. Historical sampling from 2004 showed 6 out of 8 grab samples exceeded limits for Antimony, with silver values ranging from 12.1 to 65 g/t.
Antimony, designated as a critical mineral by the Canadian government, is important for flame retardants, batteries, and defense applications. The global antimony market is projected to grow at 5.5% CAGR from 2023-2030. China, controlling 70% of global supply, has banned exports to the United States.
Decade Resources (TSXV: DEC) has announced exploration plans for its Nobody Knows claim, part of a 59-claim project covering over 24,000 hectares east of Terrace, B.C. The company reported significant drilling results from 2024, highlighting copper-silver mineralization with intervals exceeding 1% copper, including notable intersections like 11.98m at 1.25% Cu and 10.36 g/t Ag in hole NK-24-03.
A new VMS zone was discovered 3km SW of the Nobody Knows #2 copper-silver red bed, with select grab samples showing high values in gold, silver, copper, lead, and zinc. Notable samples included values up to 79.1 g/t Au, 6,902 g/t Ag, and 27.15% Zn. The company plans to conduct an airborne survey in 2025 to identify EM anomalies in the area.
Decade Resources (TSXV: DEC) has reported results from its 2024 exploration program at the Nobody Knows #2 zone, completing 15 holes totaling 2,639m. The project, comprising 59 contiguous mineral claims covering over 24,000 hectares, is located 10-40 km east of Terrace, B.C.
Key drilling results include an intersection of 2.07m grading 3.18% copper and 43.48 g/t silver in hole NK-24-13. Notable mineralization includes bornite, chalcocite, and malachite, fitting a red bed type copper-silver system model. The drilling program successfully identified multiple mineralized horizons with strong mineralization extending to at least 100m depth.
Significant intervals include 34.23m grading 0.93% Cu and 8.46 g/t Ag in DDH-NK-24-03, and 47.6m of 0.47% Cu and 5.33 g/t Ag in DDH-NK-24-04. The company plans to conduct an airborne survey in 2025 to identify anomalies on strike with the 2023-2024 drilled section.
Decade Resources (TSXV: DEC) has announced a non-brokered private placement of flow-through shares to raise gross proceeds of up to $125,000. The offering consists of 2,500,000 flow-through units at $0.05 per unit. Each unit includes one common share and one transferable purchase warrant, exercisable at $0.08 per share for 24 months.
The offering benefits from the Mineral Exploration Tax Credit (METC), providing a 15% tax credit on mineral exploration expenses, and the new 30% Critical Mineral Exploration Tax Credit (CMETC) for specified minerals. The proceeds will be used for the company's projects in British Columbia's 'Golden Triangle' area.
Decade Resources (TSXV: DEC) has completed its flow-through private placement, raising gross proceeds of $945,000. The company issued 18,900,000 flow-through units at $0.05 per unit. Each unit includes one flow-through common share and one transferable warrant exercisable at $0.08 per share for 24 months.
The proceeds will be used for Canadian exploration expenses and flow-through critical mineral mining expenditures on the company's BC properties. The company paid $64,400 in finder's fees and issued 1,288,000 warrants at $0.08 to finders. All securities have a four-month hold period expiring April 4, 2025.
Decade Resources has announced a non-brokered private placement of flow-through shares to raise up to $910,000. The offering consists of 18,200,000 flow-through units at $0.05 per unit, with each unit including one common share and one transferable purchase warrant exercisable at $0.08 per share for 24 months. The proceeds will be used for the company's projects in British Columbia. The offering benefits from the Mineral Exploration Tax Credit (METC) providing 15% tax credit and the new Critical Mineral Exploration Tax Credit (CMETC) offering 30% for specified minerals.
Decade Resources reports results from the first 3 holes of its 2024 drill program at the Nobody Knows #2 zone. The drilling program, spanning 1000m, revealed significant copper and silver mineralization. Notable intersections include 4.36m of 2.69% copper and 23.7 g/t silver in hole NK-24-03. The mineralization, dominated by bornite, chalcocite, and malachite, occurs in weakly sheared andesitic rocks. The drilling successfully identified multiple mineralized horizons extending to at least 100m depth. The project, comprising 52 contiguous mineral claims over 23,016.7 hectares, is 100% owned by Decade Resources.
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