Decade Completes 2024 Drill Program on the Del Norte Property in Order to Fulfill Commitment to Earn a 55% Working Interest
Decade Resources (TSXV: DEC) has completed its 2024 drill program at the Del Norte project in British Columbia's 'Golden Triangle' area. The company has fulfilled its commitment to earn a 55% working interest in the property by incurring over $4 million in exploration expenses. The program focused on testing the K-Zone, drilling 12 holes totaling 2,014.5 m of NQ sized core.
The Del Norte project covers an 8 km-long mineralized belt with multiple gold showings. Previous trenching in the K-Zone yielded significant gold and silver values. The 2024 drilling encountered the K-Zone in all but one hole, marked by faulted and brecciated sediment, sheared and silicified dacite ash tuffs, and dacitic dykes with various forms of quartz and mineralization.
Samples have been sent for analysis, and the company is pleased with the verification of the K-zone persisting to depth. Decade Resources now has the right to earn an additional 20% interest by placing the property into production.
Decade Resources (TSXV: DEC) ha completato il programma di perforazione 2024 presso il progetto Del Norte nell'area 'Golden Triangle' della Columbia Britannica. L'azienda ha rispettato il suo impegno per ottenere un interesse lavorativo del 55% nella proprietà sostenendo oltre 4 milioni di dollari in spese di esplorazione. Il programma si è concentrato sulla prova della K-Zone, eseguendo 12 perforazioni per un totale di 2.014,5 m di core di dimensioni NQ.
Il progetto Del Norte copre una cintura mineralizzata lunga 8 km con molteplici affioramenti d'oro. Le precedenti scavi nella K-Zone hanno mostrato valori significativi di oro e argento. Le perforazioni del 2024 hanno trovato la K-Zone in tutte le perforazioni tranne una, caratterizzata da sedimenti fratturati e brecciate, tufi di dacite a shear e silicizzati, e dykes di dacite con varie forme di quarzo e mineralizzazione.
I campioni sono stati inviati per analisi e l'azienda è soddisfatta della verifica della persistenza della K-Zone in profondità. Decade Resources ha ora il diritto di guadagnare un ulteriore interesse del 20% portando la proprietà in produzione.
Decade Resources (TSXV: DEC) ha completado su programa de perforación 2024 en el proyecto Del Norte en el área del 'Triángulo Dorado' de Columbia Británica. La empresa ha cumplido con su compromiso de obtener un interés de trabajo del 55% en la propiedad incurriendo en más de 4 millones de dólares en gastos de exploración. El programa se centró en probar la K-Zone, perforando 12 agujeros que totalizan 2.014,5 m de núcleo de tamaño NQ.
El proyecto Del Norte abarca una cinturón mineralizado de 8 km de largo con múltiples afloramientos de oro. Los trabajos anteriores en la K-Zone proporcionaron valores significativos de oro y plata. La perforación de 2024 encontró la K-Zone en todos menos un agujero, marcada por sedimentos fallados y brechados, tobas de dacita cortadas y silicificadas, y dikes de dacita con varias formas de cuarzo y mineralización.
Se han enviado muestras para análisis, y la empresa está satisfecha con la verificación de la K-Zone que persiste a profundidad. Decade Resources ahora tiene el derecho de ganar un interés adicional del 20% al poner la propiedad en producción.
Decade Resources (TSXV: DEC)는 2024년 시추 프로그램을 완료했습니다 브리티시컬럼비아주의 '골든 트라이앵글' 지역에 위치한 델 노르테 프로젝트에서. 이 회사는 55%의 작업 지분을 얻기 위한 약속을 이행했습니다 400만 달러 이상의 탐사 비용을 부담하며. 이 프로그램은 K-Zone 검사에 중점을 두었으며, NQ 크기의 코어로 총 2,014.5m에 달하는 12개의 구멍을 시추했습니다.
델 노르테 프로젝트는 8km 길이의 광물화된 벨트를 커버하며 여러 개의 금 광상이 있습니다. K-Zone의 이전 발굴 작업은 상당한 금과 은 가치를 산출했습니다. 2024년 시추는 단 한 개의 구멍을 제외한 모든 구멍에서 K-Zone을 발견했습니다, 단층이 있는 파편화된 퇴적물, 전단 및 실리케이트화된 다사이트 재, 다사이트 다이크와 다양한 형태의 석영과 광물화가 있습니다.
샘플이 분석을 위해 송부되었으며, 회사는 K-Zone이 깊이까지 지속되는 것에 대해 기쁘게 생각합니다. Decade Resources는 이제 이 지역을 생산에 올려 추가 20%의 지분을 확보할 권리가 있습니다.
Decade Resources (TSXV: DEC) a achevé son programme de forage 2024 sur le projet Del Norte dans la région du 'Golden Triangle' en Colombie-Britannique. L'entreprise a respecté son engagement d'obtenir un intérêt de travail de 55% dans la propriété en engageant plus de 4 millions de dollars en frais d'exploration. Le programme s'est concentré sur le test de la K-Zone, avec 12 forages totalisant 2 014,5 m de carottes NQ.
Le projet Del Norte couvre une ceinture minéralisée de 8 km de long avec plusieurs apparitions d'or. Les fouilles antérieures dans la K-Zone ont révélé des valeurs significatives en or et en argent. Les forages de 2024 ont rencontré la K-Zone dans tous sauf un trou, marqué par des sédiments fracturés et bréchiques, des tufs de dacite cisaillés et silicifiés, et des dykes de dacite avec diverses formes de quartz et de minéralisation.
Des échantillons ont été envoyés pour analyse, et l'entreprise est ravie de la vérification de la persistance de la K-Zone en profondeur. Decade Resources a maintenant le droit d'obtenir un intérêt supplémentaire de 20 % en mettant la propriété en production.
Decade Resources (TSXV: DEC) hat sein Bohrprogramm für 2024 abgeschlossen im Del Norte-Projekt im 'Golden Triangle' in British Columbia. Das Unternehmen hat sein Engagement erfüllt, einen 55%igen Arbeitsanteil an dem Grundstück durch die Aufwendung von über 4 Millionen Dollar für Explorationskosten zu verdienen. Das Programm konzentrierte sich darauf, die K-Zone zu testen, indem 12 Löcher mit insgesamt 2.014,5 m NQ-Kern gebohrt wurden.
Das Del Norte-Projekt deckt ein 8 km langes mineralisiertes Gürtelt mit mehreren Goldvorkommen ab. Frühere Grabenarbeiten in der K-Zone ergaben bedeutende Gold- und Silberwerte. Die Bohrungen 2024 trafen die K-Zone in allen bis auf ein Loch, gekennzeichnet durch gestörte und brekziierte Sedimente, gescherte und veränderte Dazit-Aschtuffe sowie Dazit-Gänge mit verschiedenen Formen von Quarz und Mineralisierung.
Proben wurden zur Analyse geschickt, und das Unternehmen ist mit der Bestätigung zufrieden, dass die K-Zone bis in die Tiefe besteht. Decade Resources hat jetzt das Recht, einen zusätzlichen 20%igen Anteil zu verdienen, indem es das Grundstück in Produktion bringt.
- Completed drill program to earn 55% working interest in Del Norte project
- Over $4 million spent on exploration, exceeding commitment
- 12 holes drilled totaling 2,014.5 m, testing K-Zone at depth
- K-Zone encountered in all but one hole, showing persistence at depth
- Option to earn additional 20% interest by placing property into production
- None.
Stewart, British Columbia--(Newsfile Corp. - October 8, 2024) - Decade Resources Ltd. (TSXV: DEC) ("Decade") reports that it has completed the 2024 drill program at the Del Norte project within the 'Golden Triangle area" of BC. The property is located 34 km east of Stewart in the Skeena Mining Division. The property consists of 13 mineral tenures (claims) covering 5830 hectares in which the Company had the right to earn up to a 55 % interest. To earn this interest, the Company had to incur
The Del Norte project covers an eight-kilometre-long north-south mineralized belt that hosts multiple gold showings in the same geological environment as the Eskay Creek gold mine. Significantly, three gold-bearing streams intersect the property; namely Nelson, Del Norte and Willoughby Creeks with Nelson Creek supporting a gold placer mining operation in the 1930s.
Drilling was completed from a drill station built on a narrow ridge to test the down dip extension of the K-Zone (Kosciuszko Zone/ SP) that has been explored by a few holes and several trenches in previous programs. The zone mineralization is associated with quartz veins and breccias which are spatially restricted to felsic packages of rocks. The felsic volcanics are located stratigraphically at the same geological horizon as that hosting the Eskay Creek deposit.
In total, 12 holes totalling 2,014.5 m of NQ sized core were completed with 1 lost before encountering the mineralization. Drill holes were approximately 200 m long using an A-5 drill capable of drilling at low angle dips to hit the zone. Holes were drilled to test beneath the 2002 and 2006 drilling and trenching programs. The drill holes tested 200 m below the 2002 and 2006 work along approximately 50 m of strike length. The photo below shows the ridge upon which the pad was constructed.
Figure 1
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3615/225951_35b8e5fcf4838bbe_001full.jpg
The previous work for the zone is summarized below:
The following results were obtained In 2002 and 2006 trenching on the K-zone:
| Year of Trenching | Width (m) | Au g/t | Ag g/t |
| 2002 | 10 | 6.14 | 630.86 |
| 2006 | 15 | 3.93 | 267.59 |
The 2002 sampling was 50 m downhill from the 2006 sampling which was above the 2002 drilling. With the recent ablation of the glacial ice, more of the K-zone is exposed below the 2002 sampling which was the focus of the 2024 exploration. Work was focused on expanding the drill results obtained below:
| Drill hole | Width (m) | Au g/t | Ag g/t |
| 2002-01 | 31.3 | 3.57 | 192.3 |
| 2002-02 | 32.9 | 4.59 | 176.7 |
| 2002-03 | 23.4 | 7.64 | 277.3 |
Except for DDH-DN-24-1 (which deviated and broke to surface), all holes encountered the K-zone at the sediment-felsic volcanic contact. The zone is marked by faulted and brecciated sediment, sheared and silicified dacite ash tuffs and dacitic dykes that are variably silicified with chalcedonic quartz, vuggy quartz with small crystals in the vugs and blue-grey quartz with pyrite-sphalerite-galena-tetrahedrite mineralization.
Figure 2
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3615/225951_figure2.jpg
The above photo shows the complex nature of the zone across at least 10 m in DDH-DN-2024-11.
Figure 3
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3615/225951_figure3.jpg
The photo above shows the zone in DDH-DN-2024-11 with quartz veins carrying minor sphalerite-galena and pyrite. Historic exploration obtained significant gold-silver values in the zone in spite of low sulphide values noted in this work. (Note: this does not imply that the 2024 drilling will obtain the same tenor of values).
In addition to the main 10 m wide zone along the zone of thrusting, mineralized splays sub-parallel to the K-zone were also noted. These may correlate with a 1 m wide quartz-sulphide stockwork noted along surface to the NE of the K-zone.
The photo below shows quartz from the zone in DDH-DN-2024-3 with light brown sphalerite and minor galena.
Figure 4
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3615/225951_35b8e5fcf4838bbe_004full.jpg
All holes have been logged and cutting is being completed.
E. Kruchkowski, P. Geo. President of the Company states: "The Company is very pleased to have completed their earn-in for the very large and significant Golden Triangle property. There are numerous zones on this property that offer the potential for large mineral deposits. In addition, the Company is excited with the verification of the K-zone persisting to depth along widths seen at surface. The sub-parallel mineralized splays offer expanded exploration targets in the area of the K-zone. The Company wishes to thank Hy-Torque Diamond Drilling for completing the program through adverse weather conditions."
Cut core samples have been sent to MSA Labs in Terrace for sample preparation and then for analysis in their Langley BC facilities.
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 and approves 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."
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/225951
FAQ
What percentage working interest did Decade Resources earn in the Del Norte property?
How many drill holes were completed in the 2024 program on the Del Norte property (DECXF)?
What is the main geological target of the 2024 drilling at Del Norte for Decade Resources (DECXF)?
Where are the core samples from the 2024 Del Norte drilling program being analyzed?
