Decade samples up to 2.08% Cu at Nobody Knows
2023-07-20 11:20 ET - News Release
Shares issued 70,751,726
DEC Close 2023-07-19 C$ 0.07
Mr. Ed Kruchkowski reports
TREASURE MOUNTAIN EXPLORATION INDICATES POTENTIAL 1.2KM STRIKE FOR NOBODY KNOWS MINERALIZATION.
Decade Resources Ltd. has received assay values for surface samples from the Treasure Mountain-Nobody Knows-Terrace gold projects in the Terrace, B.C., area. The project stretches from 10 to 40 air kilometres east of Terrace, B.C., on the northern slopes of the Copper River valley. The project consists of 48 contiguous minerals claims totalling 17,470 hectares which form the Treasure Mountain, Nobody Knows, Dardanelle (presently farmed out) and Treasure Mountain properties. All 48 mineral claims are 100 per cent owned by Decade Resources Ltd.
The 2023 sampling concentrated on the Nobody Knows No. 2 showing area as well as the original Nobody Knows showing. The latter showing was first sampled by the B.C. Ministry of Mines during regional geochemical sampling. In 2018, grab sampling by the company obtained 3.8 per cent copper from a five-metre zone of red volcanics that were between sheared rocks on the east edge and basalt with amygdules carrying quartz-calcite and sparse copper minerals on the west. Work in this period identified a possible northwest-trending zone that was 1.8 kilometres in strike. Overall width of the copper-bearing zone was in excess of seven m.
During 2023, follow-up work was conducted on the area to locate the source of sample A22-240 which assayed 41.2 per cent copper and 220 grams per tonne silver. All samples from the area of A-22-240 were from float rocks. Samples from the original showing and malachite stained rocks halfway between the two showings were from bedrock. Highlights of 2023 sampling are shown herein.
The Treasure Mountain-Nobody Knows properties have a great potential to host copper-silver deposits and/or copper-gold-bearing stockworks. At present there are over 14 known copper-bearing areas. They feature numerous individual copper occurrences of which only part have been examined in the 2022 exploration program. The main copper occurrences appear to be associated either with basalt or its subvolcanic equivalent (diabase). Other copper occurrences are related to faults and fracture zones. Almost all showings in this area have a similar mineralogy (mostly bornite and chalcocite) and geochemical signature (copper-silver) which suggest the same source of mineralization.
Subsequent to the grab sampling, the company located the area source of the float rocks by hand trenching along the logging road ditch line.
Assays on the above samples have been completed by ALS Labs in Vancouver, B.C.
Ed Kruchkowski, PGeo, 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. Mr. Kruchkowski is not independent of Decade as he is the president of the company.
About Decade Resources Ltd.
Decade 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 grassroots to advanced ones. Its properties and projects are all located in the Golden Triangle area of Northern British Columbia.
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