Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Decade Resources Ltd V.DEC

Alternate Symbol(s):  DECXF

Decade Resources Ltd. is a Canada-based mineral exploration company actively seeking opportunities in the resource sector. Its principal business activity is the acquisition, exploration and evaluation of mineral properties located in the Province of British Columbia, Canada. The Company has a 65% interest in the Red Cliff property in north-western British Columbia. It has 100 % interest in the... see more

TSXV:DEC - Post Discussion

Decade Resources Ltd > News Release
View:
Post by shawshank666 on Aug 08, 2023 11:04am

News Release

 

Decade drills Cu mineralization at Nobody Knows

2023-08-08 09:25 ET - News Release
Shares issued 73,237,726
DEC Close 2023-08-03 C$ 0.08

Mr. Ed Kruchkowski reports

DECADE ANNOUNCES MAJOR COPPER DISCOVERY AT THE NOBODY KNOWS COPPER PROJECT, TERRACE BC

Decade Resources Ltd. has cored significant copper sulphide mineralization intercepts from the initial three diamond drill holes testing the recently discovered Nobody Knows No. 2 zone. The project is part of a large claim holding consisting of 48 contiguous minerals claims which include Treasure Mountain, Nobody Knows, Dardanelle (presently farmed out) and Treasure Mountain properties totaling 17,470 hectares. All 48 mineral claims are 100% owned by Decade Resources Ltd. The project stretches from 10 to 40 air kilometers east of Terrace, B.C., on the northern slopes of the Copper River valley. Highlights of the program include:

 

  • Diamond drilling from one drill station has intersected thick intervals of copper sulphides in felsic volcanic rocks.
  • 500m of drilling was completed in 3 drill holes.
  • The discovery drill holes show similarities to many of the world's major sediment-hosted copper systems with the association of silver with copper.
  • A total of 30 metres of visual sulphides intersected in drill hole NB23-03 comprising:
    • 30 m of coarse disseminated and stringer type visual copper sulphide (dominantly bornite and minor chalcocite).
    • 10 m of visual disseminated copper sulphide (dominantly chalcopyrite) below the bornite/chalcocite mineralization.
  • Copper mineralization present in NB23-01 and 2 has been sheared with abundant ground up copper mineralization (bornite) in the fault gouge.
  • Minor native copper has been identified in the core.
  • Additional claims have been staked in the drill area.
  • Location in an area of extensive logging roads that aid in future exploration.

 

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.

Select photos from recent drill core is shown below:

Core above is from 15 m downhole on DDH-NB-23-02 showing intense alteration with both coarse disseminated and stringer bornite as well as minor identified chalcocite. The bornite is readily identified due to its violet colour while the chalcocite appears as dull black along dendritic patterns. The below photo from the same hole shows highly altered felsic volcanics with stringers of massive chalcocite. Intense shearing and faulting is shown just below the massive mineralization.

The following 3 holes are from DDH-NB23-03 showing bornite, minor chalcocite and traces of native copper.

The drill area is 50m uphill from sample A22-240 which assayed 41.2 % copper in a bornite and chalcopyrite rich sample. It is also 1.2 km from the original showing that gave assays up to 5 % copper in grab samples from a red bed environment.

Drill core containing veining and/or sulphide(s), or notable alteration is sampled in lengths ranging from 0.3 to 3.05m metres. Core samples are cut lengthwise in half, one-half remains in the box and the other half is inserted in a clean plastic bag with a sample tag. Standards, blanks and duplicates were added in the sample stream at a rate of 10 per cent.

All samples will be submitted to the ALS prep Labs in Terrace BC with analysis to be completed in Vancouver BC.

Comment by SStoktikk on Aug 08, 2023 1:33pm
Where are the pictures, news not posted on their website yet, they using the volume to fill the PP ? What ever happened to the guys from AUUU that were listed as advisors a few months back ?
Comment by SStoktikk on Aug 08, 2023 1:36pm
It's AUAU, my bad
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities