Decade Discovers New Copper-Gold-Silver Mineralization in a Breccia Zone on the Nobody Knows Portion of the Terrace Property and Provides Del Norte Update
Decade Resources (TSXV: DEC) has discovered new copper-gold-silver mineralization in a breccia zone on the Nobody Knows portion of its Terrace Property. The company reported assay results from random grab samples showing up to 11.89% copper, 0.591 g/t gold, and 40.25 g/t silver. This new zone is located 200m SW of previously discovered VMS blast boulders.
Decade also provided an update on its Del Norte project, where it needs to spend another $900,000 to fulfill earn-in commitments. The company is raising funds to test the K-zone, a base metal zone containing precious metals up to 10m wide, part of a 1.2 km long mineralized zone open along strike and depth.
Decade Resources (TSXV: DEC) ha scoperto una nuova mineralizzazione di rame-oro-argento in una zona di breccia nella porzione Nobody Knows della sua proprietà Terrace. L'azienda ha riportato risultati di analisi da campioni casuali che mostrano fino a 11,89% di rame, 0,591 g/t di oro e 40,25 g/t di argento. Questa nuova zona si trova a 200 m a SW dai massi di esplosione VMS precedentemente scoperti.
Decade ha anche fornito un aggiornamento sul suo progetto Del Norte, dove deve spendere ulteriori $900.000 per soddisfare gli impegni di earn-in. L'azienda sta raccogliendo fondi per testare la zona K, una zona di metalli di base contenente metalli preziosi fino a 10 m di larghezza, parte di una zona mineralizzata lunga 1,2 km aperta lungo il strike e la profondità.
Decade Resources (TSXV: DEC) ha descubierto nueva mineralización de cobre-oro-plata en una zona de brecha en la porción Nobody Knows de su propiedad Terrace. La empresa informó resultados de ensayo de muestras aleatorias que muestran hasta 11.89% de cobre, 0.591 g/t de oro y 40.25 g/t de plata. Esta nueva zona se encuentra a 200 m al Suroeste de los bloques explosivos VMS descubiertos anteriormente.
Decade también proporcionó una actualización sobre su proyecto Del Norte, donde necesita gastar otros $900,000 para cumplir con los compromisos de earn-in. La empresa está recaudando fondos para probar la zona K, una zona de metales básicos que contiene metales preciosos hasta 10 m de ancho, parte de una zona mineralizada de 1.2 km de largo abierta a lo largo de la dirección y la profundidad.
Decade Resources (TSXV: DEC)는 Terrace 소유지의 Nobody Knows 구역에서 브레시아 지역의 새로운 구리-금-은 광맥을 발견했습니다. 이 회사는 무작위 채취 샘플의 분석 결과를 보고하며 최대 11.89% 구리, 0.591 g/t 금 및 40.25 g/t 은을 보여주었습니다. 이 새로운 지역은 이전에 발견된 VMS 폭발 바위에서 200m 남서쪽에 위치하고 있습니다.
Decade는 또한 Del Norte 프로젝트에 대한 업데이트를 제공했으며, 여기서 $900,000을 추가로 사용해야 earn-in 의무를 이행해야 합니다. 이 회사는 1.2km 길이의 광물화된 지역을 따라 개방된 구역에서 최대 10m 너비의 귀금속을 포함하는 기초 금속 구역인 K-zone을 테스트하기 위해 자금을 조달하고 있습니다.
Decade Resources (TSXV: DEC) a découvert une nouvelle minéralisation de cuivre-or-argent dans une zone de brèche sur la portion Nobody Knows de sa propriété Terrace. L'entreprise a rapporté des résultats d'analyse d'échantillons aléatoires montrant jusqu'à 11,89% de cuivre, 0,591 g/t d'or et 40,25 g/t d'argent. Cette nouvelle zone est située à 200 m au sud-ouest des blocs d'explosion VMS précédemment découverts.
Decade a également fourni une mise à jour sur son projet Del Norte, où elle doit dépenser un autre $900.000 pour remplir les engagements d'earn-in. L'entreprise lève des fonds pour tester la zone K, une zone de métaux de base contenant des métaux précieux jusqu'à 10 m de large, faisant partie d'une zone minéralisée de 1,2 km de long ouverte le long de la direction et en profondeur.
Decade Resources (TSXV: DEC) hat neue Kupfer-Gold-Silber-Mineralisierung in einer Brekziezone im Nobody Knows-Bereich seines Terrace-Grundstücks entdeckt. Das Unternehmen berichtete von Analysenergebnissen aus zufällig entnommenen Proben, die bis zu 11,89% Kupfer, 0,591 g/t Gold und 40,25 g/t Silber zeigen. Diese neue Zone befindet sich 200 m südwestlich von zuvor entdeckten VMS-Sprengsteinen.
Decade gab auch ein Update zu seinem Del Norte-Projekt, wo es weitere $900.000 ausgeben muss, um Earn-In-Verpflichtungen zu erfüllen. Das Unternehmen sammelt Mittel, um die K-Zone zu testen, eine Basismetallzone, die bis zu 10 m breit ist und Teil einer 1,2 km langen mineralisierten Zone ist, die sowohl entlang der Streichrichtung als auch in der Tiefe offen ist.
- Discovery of new copper-gold-silver mineralization with high-grade assays (up to 11.89% Cu)
- Identification of three significant mineralization areas on Nobody Knows claim
- Ongoing exploration and drilling programs on multiple properties
- Potential for large-scale mineralization at Del Norte project, similar to Eskay Creek gold mine
- Need to raise additional $900,000 to fulfill earn-in commitments on Del Norte project
- Earn-in period for Del Norte project expiring in early 2025
Stewart, British Columbia--(Newsfile Corp. - August 26, 2024) - Decade Resources Ltd (TSXV: DEC) ("Decade") reports that it has received assay results for an indicated significant copper-gold-silver showing in exploration on the Terrace claims. The project is part of a large claim holding consisting of 54 mineral claims which include Nobody Knows, Dardanelle (presently farmed out) and Treasure Mountain properties totaling 24,179.7 hectares. All 54 mineral claims are
Nobody Knows Exploration
The Nobody Knows claim exploration from 2021 to 2024 has identified three areas of significant mineralization as follows:
- Nobody Knows # 2 showing with copper-silver red bed mineralization. Drilling in 2023 intersected 5.39 % Cu and 155 g/t Ag over 2.13 m in DDH-NB-23-2, 2.99 % Cu and 27.3 g/t Ag over 2.94 m in DDH-NB-23-12 and 2.05 % Cu and 15 g/t Ag over 5.74 m in DDH-NB-23-16 (see January 25 2024 Press Release). Drilling in 2024 completed 14 holes investigating strike, dip and influence of post mineral andesite dykes. Assay results are awaited for these holes which all intersected bornite rich sections.
- A new indicated VMS zone located approximately 3 km SW from the Nobody Knows # 2 copper-silver red bed which the Company has been actively drilling. Highlights of the recent discovery exploration include gold values up to 79.12 g/t Au and 927 g/t Ag (See August 6 2024 Press Release). Discussions with the forestry companies that built the road upon which the VMS material was located has narrowed the Company search to a 50 m section of the road, with no exposed bedrock, that contains the blast rock boulders.
- A new breccia zone containing a quartz-chalcopyrite-pyrite stockwork veins within chloritic altered dacites that contain coarse blebs of chalcopyrite. The zone is at least 4-5 m wide exposed along a logging road. Assays for this new zone located 200m SW of the VMS blast boulders are shown in the table below. The following photos show the vein mineralization as well as that between the quartz veins. The outcrop exposed is highly mineralized with chalcopyrite mineralization throughout the sample area. All samples were random grab samples from the exposed mineralization.
| Sample # | Ag g/t | Au g/t | Cu % |
| 24-Ju 1 | 40.25 | 0.591 | 11.89 |
| 24-Ju 2 | 8.28 | 0.267 | 1.335 |
| 24-Ju 3 | 6.14 | 0.133 | 0.82 |
| 24-Ju 4 | 9.57 | 0.235 | 1.451 |
| 24-Ju 5 | 27.24 | 0.408 | 6.694 |
| 24-Ju 6 | 6.16 | 0.121 | 1.352 |
| 24-Ju 7 | 11.75 | 0.212 | 1.562 |
| 24-Ju 8 | 9.06 | 0.194 | 1.326 |
| 24-Ju 9 | 9 | 0.245 | 1.693 |
Figure 1
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The above photo shows a 5 cm wide quartz vein with semi massive chalcopyrite. This is the type of mineralization that yielded the 11.89 % copper assay. The following photo shows the coarse blebs of chalcopyrite in a sample that is 4 cm wide. This type of sample assayed 6.69 % copper.
Figure 2
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Del Norte Exploration Update
The Company is in the process of raising funds to fulfill the earn-in commitments on the Del Norte project. To date, the Company has spent over 3 million dollars and made all the option payments. The earn-in period was for 5 years starting in 2020 and expiring in early 2025. To fulfill this commitment, the Company has to spend another
E. Kruchkowski, P. Geo. President of the Company, states: "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. In the Golden Triangle area, any placer gold streams are associated with gold deposits. Having worked in many parts of the Golden Triangle, the Del Norte property most closely resembles the situation at Eskay Creek. The mineralization is at the base of the Salmon River sediments and above the felsic volcanics, same as Eskay Creek."
Figure 3
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The mineralization is located in quartz veins and breccia. The LG Vein, Kosciuszko Zone (K-Zone), Eagle's Nest, Argo, New, SP, PB and LG Extension Zone are examples marked by a distinct alteration halo, with a propylitic zone constituting the outer envelope of the mineralization. Galena, sphalerite, pyrite and minor chalcopyrite and tetrahedrite are common in these quartz veins. In the past, drilling only focused on the precious metals.
Chip sampling in the past over the area of mineralization yielded the following:
| Year of Sampling | Width (m) | Ag g/t | Au g/t |
| 2002 | 10 | 630.85 | 6.14 |
| 2006 | 15 | 267.59 | 3.93 |
The 2002 sampling was by Alex Walus, consultant and initial discoverer of the zone. The 2006 sampling above the 2002 drill pad was by Sabina Silver. Based on this sampling, the zone has a width of at least 10 m over a height of at least 100m.
Figure 4
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All assaying was by MSA Labs based 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 supervised the collection of the samples and noted the nature of them. E. Kruchkowski has read and approved the scientific and technical disclosure. 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/221092
FAQ
What are the latest assay results from Decade Resources' (TSXV: DEC) new discovery on the Terrace Property?
How much more does Decade Resources (TSXV: DEC) need to spend on the Del Norte project to fulfill its earn-in commitments?
What is the K-zone that Decade Resources (TSXV: DEC) plans to test on the Del Norte project?
How many mineral claims does Decade Resources (TSXV: DEC) own in the Terrace Property area?
