Decade Receives Approval for Purchase of the North Mitchell Property in Golden Triangle Surrounded by Reported Resources of 200 Million Gold Equivalent Ounces
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) ha ottenuto l'approvazione dalla TSX-V per acquisire la North Mitchell Property nel Golden Triangle della British Columbia. La proprietà, di 963,45 ettari, è strategicamente posizionata tra importanti giacimenti di Cu-Oro con risorse combinate dichiarate di 201,67 milioni di once equivalenti d'oro nell'area circostante.
Inoltre, la società ha riportato scoperte di metalli preziosi ad alta concentrazione d'oro, argento e metalli di base nel suo progetto Nobody Knows vicino a Terrace. Campioni selezionati recenti hanno mostrato risultati significativi, con valori d'oro compresi tra 0,185 e 79,12 g/t, argento da 3,35 a 927 g/t e zinco fino al 27,15%. La società prevede un'esplorazione aggressiva di entrambe le proprietà nella stagione di campo 2025.
La North Mitchell Property si trova vicino alla suite plutonica di Texas Creek, associata a una significativa mineralizzazione aurifera nella regione. Il recente scioglimento del ghiaccio ha esposto rocce alterate simili a quelle che ospitano la mineralizzazione vicina, offrendo nuove opportunità di esplorazione.
Decade Resources (TSXV: DEC) ha recibido la aprobación de TSX-V para adquirir la North Mitchell Property en el Triángulo Dorado de Columbia Británica. La propiedad de 963,45 hectáreas está estratégicamente ubicada entre importantes depósitos de Cu-Oro con recursos combinados reportados de 201,67 millones de onzas equivalentes de oro en la zona circundante.
Además, la empresa informó descubrimientos de metales base con alta ley de oro y plata en su proyecto Nobody Knows cerca de Terrace. Muestras selectas recientes mostraron resultados significativos, con valores de oro que van desde 0,185 hasta 79,12 g/t, plata de 3,35 a 927 g/t y zinc hasta 27,15%. La empresa planea una exploración agresiva de ambas propiedades en la temporada de campo 2025.
La North Mitchell Property está situada cerca de la suite plutónica Texas Creek, asociada con una mineralización significativa de oro en la región. La reciente ablación del hielo ha expuesto rocas alteradas similares a las que alojan mineralización cercana, presentando nuevas oportunidades de exploración.
Decade Resources (TSXV: DEC)는 브리티시컬럼비아의 골든 트라이앵글에 위치한 North Mitchell Property 인수를 위해 TSX-V의 승인을 받았습니다. 963.45헥타르 규모의 이 부동산은 주변 지역에 2억 1,667만 온스에 달하는 구리-금 매장량이 있는 주요 광상들 사이에 전략적으로 위치해 있습니다.
또한 회사는 테라스 인근의 Nobody Knows 프로젝트에서 고품위 금-은-기저금속 발견을 보고했습니다. 최근 선택된 시료에서 금 함량은 0.185~79.12 g/t, 은은 3.35~927 g/t, 아연은 최대 27.15%로 유의미한 결과를 보였습니다. 회사는 2025년 현장 탐사 시즌에 두 부동산 모두에 대한 공격적인 탐사를 계획하고 있습니다.
North Mitchell Property는 이 지역의 중요한 금 광상과 연관된 텍사스 크릭 플루토닉 스위트 근처에 위치해 있습니다. 최근 빙하 융해로 인해 인근 광상을 품고 있는 것과 유사한 변질암이 노출되어 새로운 탐사 기회를 제공하고 있습니다.
Decade Resources (TSXV : DEC) a obtenu l'approbation de la TSX-V pour acquérir la North Mitchell Property dans le Golden Triangle de la Colombie-Britannique. La propriété de 963,45 hectares est stratégiquement située parmi d'importants gisements de Cu-Au avec des ressources combinées déclarées de 201,67 millions d'onces équivalent or dans la région environnante.
De plus, la société a annoncé des découvertes de métaux de base à haute teneur en or et argent sur son projet Nobody Knows près de Terrace. Des échantillons sélectionnés récents ont montré des résultats significatifs, avec des valeurs d'or allant de 0,185 à 79,12 g/t, d'argent de 3,35 à 927 g/t et de zinc jusqu'à 27,15 %. La société prévoit une exploration agressive des deux propriétés lors de la saison de terrain 2025.
La North Mitchell Property est située près de la suite plutonique de Texas Creek, associée à une minéralisation aurifère importante dans la région. La récente ablation de la glace a exposé des roches altérées similaires à celles hébergeant la minéralisation voisine, offrant de nouvelles opportunités d'exploration.
Decade Resources (TSXV: DEC) hat die Genehmigung der TSX-V erhalten, um das North Mitchell Property im Golden Triangle von British Columbia zu erwerben. Das 963,45 Hektar große Grundstück liegt strategisch zwischen bedeutenden Cu-Au-Lagerstätten mit insgesamt gemeldeten Ressourcen von 201,67 Millionen Goldäquivalent-Unzen in der Umgebung.
Zusätzlich meldete das Unternehmen hochgradige Gold-Silber-Basis-Metall-Entdeckungen bei seinem Nobody Knows Projekt in der Nähe von Terrace. Kürzlich ausgewählte Proben zeigten signifikante Ergebnisse mit Goldwerten von 0,185 bis 79,12 g/t, Silber von 3,35 bis 927 g/t und Zink bis zu 27,15 %. Das Unternehmen plant eine aggressive Erkundung beider Grundstücke in der Feldsaison 2025.
Das North Mitchell Property befindet sich in der Nähe der Texas Creek Plutonic Suite, die mit bedeutender Goldmineralisierung in der Region in Verbindung steht. Die jüngste Eisablation hat veränderte Gesteine freigelegt, die denen ähnlich sind, die die nahegelegene Mineralisierung beherbergen, und bietet neue Erkundungsmöglichkeiten.
- Strategic acquisition of North Mitchell Property surrounded by major Cu-Au deposits with 201.67M oz gold equivalent resources
- High-grade sampling results from Nobody Knows Project with up to 79.12 g/t Au and 927 g/t Ag
- Recent ice ablation exposed new exploration targets with similar geology to nearby major deposits
- North Mitchell Property currently has no defined mineral resources
- Nobody Knows Project samples are selective and may not represent actual metal content of the source area
Stewart, British Columbia--(Newsfile Corp. - April 21, 2025) - Decade Resources Ltd (TSXV: DEC) ("Decade") reports that it has received TSX-V approval to acquire the North Mitchell Property located 70 km north of Stewart BC. The North Mitchell Property is situated amongst several of the world's most significant Cu-Au deposits within the "Golden Triangle" of northwestern British Columbia. The property consists of 963.45 ha (9.63 square km) surrounded by Cu-Au deposits on three sides.
Image 1
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Image 2
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The map shows the location of the North Mitchell Property relative to mineral deposits in the claim area. The combined number of ounces of reported gold within 8 deposits situated in 3 directions around the North Mitchell Property (measured, indicated + inferred) is estimated at 201.67 million oz+/- (see Press Release dated March 27 2025).
These estimates do not include the hundreds of millions of reported ounces of silver and billions of pounds of copper included within these deposits.
Disclaimer: The above information has been obtained from available public sources and is being used for reference purposes only. There is no guarantee that the North Mitchell property hosts any mineralization similar to the above deposits.
The area of the North Mitchell property is near a Texas Creek Plutonic suite which are Jurassic age intrusions -193-195 Ma found near Stewart, including the Mitchell intrusions at Kerr-Sulphurets-Mitchell. They are both related to mineralizing events in the Stewart area and Sulphurets-Mitchell valleys. The suite of rocks is associated with gold mineralization at Brucejack Lake, Premier gold mine-Silver Coin deposit and the Scottie gold mine as well as numerous porphyry copper gold occurrences. The Golden Triangle of British Columbia which is among the world's most prolific mineralized districts, is host to past and current mining operations including Granduc, Anyox, Eskay Creek, Scottie Gold, Porter - Idaho, Johnny Mountain, Red Mountain, Snip Mine, Premier Mine, Golden Bear, Valley of the Kings, Red Chris, Galore and Schaft Creek.
For the North Mitchel property, Ed. Kruchkowski, President states: "I sampled the original Iron Cap copper and Snowfield gold showings area during the 1970's while working for Granduc Mines. The area of the property was covered by ice and no work was conducted at this time due to unaltered rocks. However, due to fact that the property is a down faulted block, the ice covered the lower altered rocks along the valley floor. With recent ice ablation, these altered rocks similar to those hosting the nearby mineralization is starting to be exposed. I feel that this a wonderful opportunity for the Company based on my knowledge of the property. The North Mitchell Property contains the rocks and geology necessary to host porphyry copper-gold and epithermal gold mineralization. The property is located in within the Stikine Terrane, the locale for large Cu-Au deposits. The property is underlain by similar lithologic units hosting these deposits and the Company believes that it is one of the most exciting mineral properties that has not been explored in British Columbia."
Nobody Knows -Terrace Area Project
A number of float boulders indicate a high grade gold-silver-base metal zone 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 the following:
- High values in gold-silver-copper-lead-zinc associated with arsenopyrite and elevated bismuth and cobalt from select grab samples. Samples contain arsenopyrite, sphalerite, pyrite, chalcopyrite, galena and occasional specks of visible gold.
- Samples are from excavated rock used to cover road material located along a spur logging trail.
- Samples obtained indicated a 200 m section of road containing these boulders.
- Numerous mineralized rocks were collected but only 16 samples were assayed.
Assay results for these 16 select grab samples were released in an August 6, 2024, press release. These are shown below in the following table. Sample 24-JN-4 was from a massive sphalerite boulder while sample 24-JN-5 was from a rock that was 0.4 m in diameter. Samples 24-JN-1 to 7 were east of the samples 24-Jn-24-8 to 16 by several hundred meters. It should be noted that massive arsenopyrite samples have not been analyzed and work during 2025 will try to determine the full range of possible metal content.
| Sample # | Au g/t | Ag g/t | Cu % | Pb % | Zn % |
| 24-Jn-1 | 40.24 | 108 | 0.86 | 0.11 | 0.65 |
| 24-Jn-2 | 28.62 | 58.99 | 0.3 | 0.08 | 0.55 |
| 24-Jn-3 | 39.03 | 169 | 1.226 | 0.12 | 0.74 |
| 24-Jn-4 | 17.043 | 927 | 2.32 | 7.93 | 27.15 |
| 24-Jn-5 | 79.12 | 690 | 2.192 | 3.27 | 14.22 |
| 24-Jn-6 | 19.33 | 99.39 | 0.5 | 0.11 | 2.08 |
| 24-Jn-7 | 10.603 | 178 | 1.119 | 0.9 | 23.36 |
| 24-Jn-8 | 10.655 | 49.04 | 0.19 | 0.18 | 0.53 |
| 24-Jn-9 | 0.185 | 3.35 | 0.043 | 0.007 | 0.05 |
| 24-Jn-10 | 40.94 | 142 | 0.41 | 0.11 | 0.73 |
| 24-Jn-11 | 31.57 | 96.23 | 0.41 | 0.61 | 1.27 |
| 24-Jn-12 | 34.27 | 251 | 1.426 | 0.23 | 3.87 |
| 24-Jn-13 | 9.517 | 168 | 0.77 | 0.25 | 4.33 |
| 24-Jn-14 | 36.59 | 230 | 1.613 | 0.32 | 4.2 |
| 24-Jn-15 | 50.82 | 363 | 1.373 | 2.02 | 9.59 |
| 24-Jn-16 | 37.32 | 159 | 0.4 | 0.08 | 0.18 |
Note: The samples above were selective in nature and do not necessarily represent the metal content in the source area. The Company feels that the consistent high metal content in a variety of boulders from several locations indicates a substantial occurrence.
Exploration work, late in the 2024 field season indicated anomalous gold-arsenic in the area of the sulphide bearing boulders. The samples were located along the west side of the logging road with samples carrying 0.142 to 0.234 g/t Au and 481 to 628 ppm As. This area was not explored in 2024 but will be the focus of 2025 exploration. Sample 24-JN-9 may represent wall rock area for the mineralization as it assayed 0.185g/t Au with 98 ppm As.
Photo showing visible gold speck in arsenopyrite rich sample.
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For the Nobody Knows property, Ed. Kruchkowski, President states: "The area of gold-silver-base metal bearing float rocks have been dug up in the immediate area. In conversations with the logging company that built the road, no material was reportedly brought in from a different source. The lack of weathering, angular nature of some of the rocks and lack of weathering along recent fracturing indicates a bedrock source rather than glacial float. The plan for 2025 is further sampling as the source area is thought to be within 100m of the discovery area."
The Company plans to aggressively explore the above properties in the 2025 field season 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/249143
FAQ
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