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Stewart, British Columbia--(Newsfile Corp. - August 18, 2021) - Decade Resources Ltd (TSXV: DEC) ("Decade" or the Company) announces that it has completed a Phase 1 program consisting of ten holes at depths up to 250m on the Del Norte property. The property is situated within BC's "Golden Triangle", 34 kilometres east of Stewart, BC.
Highlights of the recent drilling include:

• Native silver observed along fractures in DDH-21-10 (see photo).
• Visible gold associated with sphalerite (zinc sulphide), pyrite (iron sulphide), galena (lead sulphide) and tetrahedrite (copper-silver antimony sulphide) in DDH-21-9 (see photo).
• Acanthite (silver sulphide with 87.1% silver content) associated with the above minerals in DDH-21-10 (see photo).
• All ten holes contain Intersections of highly mineralized rocks over widths of 18-20m at depths up to 250m downhole.

Ed Kruchkowski, President of the Company states: "The recent financing from Teuton Resources Corp has allowed the Company to complete approximately 2300 m in the 10 current holes. The Company is very grateful for the support of Teuton that has allowed for the intersection of very prospective intervals in the latest drill holes. All holes have intersected the Argo/LG mineralization. The presence of visible gold in DDH-21-9 may indicate the source of the placer gold in Nelson Creek. This is one of four areas in the Stewart region whereby placer gold is found in streams and three of the other areas have gold deposits associated with them."
The drilling is testing the contact of felsic volcanic rocks of the Hazelton Group and sedimentary rocks of Salmon River Formation. This is the same horizon that hosts the Eskay Creek mine 60km north of Stewart. Drilling is from drill stations located on rock islands (nunataks) within the South Nelson Glacier. The 2021 drilling has successfully tested for extensions of 2020 gold-silver drill hole intersections. Highlights of 2020 exploration of the Argo zone include:

• 1049.64 g/t Ag eq over 6.03 m in DDH DN20-18, included within an interval grading 119.95 g/t Ag Eq over 58.37m
• 2128.48 g/t Ag eq over 2.46m in DDH DN20-20, included within an interval grading 221.03 g/t Ag eq over 34.09m
• Discovery of float rocks from an area just above the 2021 drill station which assayed up to 20.6 g/t gold and 561 g/t silver.

Mineralization is located within pyrite-rich, black mud lapilli tuffs with sub-intervals of dacite lapilli tuffs. Sulphides include pyrite, sphalerite, galena and tetrahedrite along with visible gold and silver in the 2021 drill holes.
The Del Norte property was optioned from Teuton Resource Corp. in January of 2020 with terms allowing the Company to earn up to a 55% interest in the property by spending $4 million over a five year period. The Company can an earn an additional 20% interest by carrying the property to commercial production.
Private Placement
The Company is undertaking a $600,000.00 flow through and non-flow through financing to fund a phase 2 program and continued exploration. The flow-through is at at a price of seven cents per flow-through unit. Each flow-through unit will comprise one flow-through common share and one transferable non-flow-through common share purchase warrant, with each warrant being exercisable for the purchase of one additional common share, at a price of ten cents per share, for a two-year period.
The offering of non-flow-through units will be at a price of five cents per unit. Each unit will comprise one common share and one transferable common share purchase warrant, each warrant being exercisable for the purchase of one additional common share, at a price of eight cents per share, for a two-year period.
The proceeds from the sale of the flow-through units will be expended on the company's properties located in British Columbia and the proceeds from the sale of non-flow-through units will be used for working capital purposes. Certain directors and officers of the company may participate in the private placement.
Qualified Person
Ed Kruchkowski, P. Geo., a qualified person under National Instrument 43-101 is responsible for the contents of this release. E. Kruchkowski is not independent of Decade as he is the president of the Company.
About Decade
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 which is presently being updated. 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."
Figure 1
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Figure 2
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Figure 3
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/93558
​
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Stewart, British Columbia--(Newsfile Corp. - August 26, 2021) - Decade Resources Ltd (TSXV: DEC)("Decade" or the Company) announces that it has intersected further native silver, acanthite (silver sulphide) and native gold in DDH-DN-21-12 on theArgo/LG zones at the Del Norte property. The property is situated within BC's "Golden Triangle", 34 kilometres east of Stewart, BC.
Highlights of the recent drill hole include:

• Native silveacanthite observed as smeared zones in DDH-21-12 (see photo).
• Visible gold associated with sphalerite (zinc sulphide), pyrite (iron sulphide), galena (lead sulphide) and tetrahedrite (copper-silver antimony sulphide) (see 2 included photos).
• Heavy sphalerite, pyrite, galena and tetrahedrite observed over 10 m of core intersection.
• 2021 drilling indicates a strike length of at least 250m and height of at least 120m for the latest high grade intersections.

Ed Kruchkowski, President of the Company states: "The Company is extremely excited by the presence of visible gold, silver minerals and strong base metal mineralization in the latest drill hole. The drilling also shows a great consistency in mineralization between the various drill holes. This recent success was based on testing of geological modelling carried out after the completion of the 2020 program."
Mineralization is located within pyrite-rich, black mud lapilli tuffs with sub-intervals of dacite lapilli tuffs. Sulphides include pyrite, sphalerite, galena and tetrahedrite along with visible gold and silver in the 2021 drill holes.
The Del Norte property was optioned from Teuton Resource Corp. in January of 2020 with terms allowing the Company to earn up to a 55% interest in the property by spending $4 million over a five year period. The Company can an earn an additional 20% interest by carrying the property to commercial production.
Private Placement
The Company has undertaken a $600,000.00 flow through and non-flow through financing to continue funding a phase 2 program and continued exploration. The flow-through is at a price of seven cents per flow-through unit. Each flow-through unit will comprise one flow-through common share and one transferable non-flow-through common share purchase warrant, with each warrant being exercisable for the purchase of one additional common share, at a price of ten cents per share, for a two-year period.
The offering of non-flow-through units will be at a price of five cents per unit. Each unit will comprise one common share and one transferable common share purchase warrant, each warrant being exercisable for the purchase of one additional common share, at a price of eight cents per share, for a two-year period.
The proceeds from the sale of the flow-through units will be expended on the company's properties located in British Columbia and the proceeds from the sale of non-flow-through units will be used for working capital purposes. Certain directors and officers of the company may participate in the private placement.
Qualified Person
Ed Kruchkowski, P. Geo., a qualified person under National Instrument 43-101 is responsible for the contents of this release. E. Kruchkowski is not independent of Decade as he is the president of the Company.
About Decade
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 which is presently being updated. 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."
Figure 1
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Figure 2
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Figure 3
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Figure 4
https://preview.redd.it/8wk93btfis3b1.jpg?width=1429&format=pjpg&auto=webp&s=1c0b4320b7735b2001963df6021a0fe745c1cf79
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/94492
​
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Stewart, British Columbia--(Newsfile Corp. - September 7, 2021) - Decade Resources Ltd. (TSXV: DEC) (the "Company") has provided an additional update to the terms of the financing it announced on August 26th, 2021. The Company is now using its best efforts to raise an aggregate of up to $841,250.
The flow-through offering will now be comprised of up to 7,625,000 flow-through units, at a price of $0.07 per flow-through unit, for gross proceeds of up to $533,750. Each flow-through unit will be comprised of one flow-through common share and one transferable non-flow-through common share purchase warrant, each warrant being exercisable for the purchase of one additional common share, at a price of $0.10 per share, for a period of 24 months.
The offering of non-flow-through units will now be comprised of up to 6,150,000 units, at a price of $0.05 per unit, for gross proceeds of up to $307,500. Each unit will be comprised of one common share and one transferable common share purchase warrant, each warrant being exercisable for the purchase of one additional common share, at a price of $0.08 per share, for a period of 24 months.
The proceeds from the sale of the flow-through units will be expended on the Company's properties located in British Columbia and the proceeds from the sale of non-flow-through units will be used for working capital purposes.
Certain directors and officers of the Company may participate in the private placement. Any such participation would be considered to be a "related party transaction" as defined under Multilateral Instrument 61-101 ("MI 61-101"). The transaction will be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of any units issued to or the consideration paid by such persons will not exceed 25% of the Company's market capitalization. Finders' fees may be payable in connection with the private placement.
For investor information please call 250-636-2264 or Gary Assaly at 604-377-7969.
BY ORDER OF THE BOARD OF DIRECTORS OF DECADE RESOURCES LTD
"Randolph Kasum" Randolph Kasum, Director
"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 information. Forward-looking information addresses future events and conditions and therefore involves inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
Not for distribution to U.S. news wire services or dissemination in the United States
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/95752
​
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Stewart, British Columbia--(Newsfile Corp. - September 16, 2021) - Decade Resources Ltd. (TSXV: DEC) ("Decade" or the Company) has closed a non-brokered private placement of flow-through and non-flow-through units to raise aggregate gross proceeds of $841,250.
A total of 7,625,000 flow-through units were issued at the price of 7 cents per unit to raise $533,750 and 6,150,000 non flow-through units were issued at the price of 5 cents per unit to raise $307,500. Each flow-through unit consists of one flow-through common share of the company and one transferable non-flow-through common share purchase warrant. Each warrant entitles the holder to purchase, for a period of 24 months, one additional common share of the company, at a price of ten cents per share. Each non flow-through unit consists of one common share of the company and one transferable common share purchase warrant. Each warrant entitles the holder to purchase, for a period of 24 months, one additional common share of the company, at a price of 8 cents per share.
All of the shares and warrants, and any shares issued upon exercise of the warrants comprising the units, are subject to a hold period and may not be traded in Canada until January 15, 2022, except as permitted by applicable Canadian securities laws and the TSX Venture Exchange.
In consideration for introducing certain subscribers to the private placement, the company paid a cash finder's fee totaling $4,050 to certain finders.
Edward Kruchkowski, CEO of the Company, participated in the private placement for a total of $203,000.
The proceeds from the sale of the flow-through units will be expended on the company's properties located in British Columbia and the proceeds from the sale of non-flow-through units will be used for working capital purposes.
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 which is presently being updated. 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/96779
​
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Stewart, British Columbia--(Newsfile Corp. - September 6, 2022) - Decade Resources Ltd (TSXV: DEC) ("Decade" or the Company) announces that it has cancelled the August 2, 2022 private placement and is using its best efforts to complete a non-brokered private placement of flow-through and non-flow-through shares to raise aggregate gross proceeds of up to $780,000.
The flow-through offering will comprise up to 4,000,000 flow-through units, at a price of twelve cents per flow-through unit, for gross proceeds of up to $480,000. Each unit will comprise one common share and one transferable common share purchase warrant, each warrant being exercisable for the purchase of one additional common share, at a price of sixteen cents per share, for a 42 month period.The federal proposal for the Mineral Exploration Tax Credit (METC) provides an additional income tax benefit for individuals who invest in mining flow-through shares, which augments the tax benefits associated with the deductions that are flowed through. The METC is equal to 15 per cent of specified mineral exploration expenses incurred in Canada and renounced to flow-through share investors. The proposed 2022 Budget proposes to introduce a new 30-per-cent Critical Mineral Exploration Tax Credit (CMETC) for specified minerals. The specified minerals that would be eligible for the CMETC are: copper, nickel, lithium, cobalt, graphite, rare earth elements, scandium, titanium, gallium, vanadium, tellurium, magnesium, zinc, platinum group metals and uranium. These minerals are used in the production of batteries and permanent magnets, both of which are used in zero-emission vehicles, or are necessary in the production and processing of advanced materials, clean technology, or semi-conductors.
The offering of non-flow-through units will comprise up to 3,000,000 shares, at a price of ten cents per share, for gross proceeds of up to $300,000. Each unit will comprise one common share and one transferable common share purchase warrant, each warrant being exercisable for the purchase of one additional common share, at a price of sixteen cents per share, for a 24 month period.
The proceeds from the sale of the flow-through shares will be expended on the company's copper properties located in British Columbia and the proceeds from the sale of non-flow-through shares will be used for working capital purposes.
Certain directors and officers of the company may participate in the private placement. Any such participation would be considered to be a related party transaction as defined under Multilateral Instrument 61-101. The transaction will be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of any shares issued to or the consideration paid by such persons will not exceed 25 per cent of the company's market capitalization. Finders' fees may be payable in connection with the private placement.
Ed Kruchkowski, P. Geo., a qualified person under National Instrument 43-101 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 which is presently being updated.
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/136006
​
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