Decade Intersects 4.36 m of 2.69 % Copper and 23.7 g/t Silver
Rhea-AI Summary
Decade Resources reports results from the first 3 holes of its 2024 drill program at the Nobody Knows #2 zone. The drilling program, spanning 1000m, revealed significant copper and silver mineralization. Notable intersections include 4.36m of 2.69% copper and 23.7 g/t silver in hole NK-24-03. The mineralization, dominated by bornite, chalcocite, and malachite, occurs in weakly sheared andesitic rocks. The drilling successfully identified multiple mineralized horizons extending to at least 100m depth. The project, comprising 52 contiguous mineral claims over 23,016.7 hectares, is 100% owned by Decade Resources.
Positive
- High-grade copper intersection of 2.69% Cu over 4.36m in hole NK-24-03
- Multiple mineralized horizons identified up to 100m depth
- Significant silver values up to 23.7 g/t
- 100% ownership of all 52 mineral claims
Negative
- No appreciable gold content in mineralization
News Market Reaction – DECXF
In the trading session that priced this news, DECXF declined 2.22%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Stewart, British Columbia--(Newsfile Corp. - October 24, 2024) - Decade Resources Ltd (TSXV: DEC) ("Decade") reports on the first 3 holes of the 2024 drill program from the 1000m drilled on the Nobody Knows # 2 zone. The zone is part of a project consisting of 52 contiguous minerals claims which include Nobody Knows, Dardanelle (presently farmed out) and Treasure Mountain properties totaling 23,016.7 hectares. All 52 mineral claims are
Mineralization is dominated by bornite, chalcocite and malachite with lesser covellite and chalcopyrite and little to no pyrite. These sulphides constitute from trace to
The panel of holes completed was designed to aid in identifying the following:
- Cross-cutting post mineral diabase dykes.
- Cross-cutting post mineral andesite dykes.
- Determining the number of mineralized horizons.
- Identifying off setting faults.
- Determining strike and dip of the mineralization.
The designed holes were successful in indicating 2 and sometimes 3 different bornite, minor chalcocite and occasionally chalcopyrite bearing horizons. Strong mineralization was noted in horizons over 4 m wide separated by weaker mineralized zones. The drilling successfully indicated strong mineralization to at least 100 m of depth.
Assay results for the first 3 holes are shown below:
| Drill Hole | From (m) | To (m) | Width (m) | g/t Ag | % Cu |
| NK-24-01 | 36.67 | 46.13 | 10.45 | 2.1 | 0.25 |
| 54.42 | 58.54 | 4.11 | 3.9 | 0.53 | |
| 66.16 | 73.48 | 10.67 | 5.78 | 0.58 | |
| Inc. | 66.16 | 66.77 | 0.61 | 72.59 | 1.64 |
| Inc. | 71.83 | 73.48 | 1.65 | 20.97 | 1.61 |
| 78.35 | 87.50 | 7.46 | 1.64 | 0.25 | |
| NK-24-02 | 28.86 | 63.26 | 34.60 | 10.38 | 0.27 |
| Inc. | 40.98 | 42.68 | 1.71 | 81.87 | 1.61 |
| Inc. | 52.84 | 54.57 | 1.71 | 12.39 | 1.52 |
| 65.55 | 74.70 | 9.14 | 4.66 | 0.67 | |
| Inc. | 68.60 | 70.12 | 1.55 | 11.1 | 1.55 |
| 80.68 | 88.72 | 7.84 | 1.37 | 0.19 | |
| NK-24-03 | 26.77 | 29.57 | 2.80 | 2.75 | 0.19 |
| 42.84 | 63.41 | 20.58 | 7.96 | 0.82 | |
| Inc. | 44.36 | 44.97 | 0.61 | 54.42 | 3.41 |
| Inc. | 50.82 | 52.38 | 1.55 | 18.41 | 2.26 |
| Inc. | 56.92 | 58.54 | 1.62 | 17.81 | 2.12 |
| 64.94 | 76.92 | 11.98 | 10.36 | 1.25 | |
| Inc. | 72.56 | 76.92 | 4.36 | 23.70 | 2.69 |
| 91.25 | 95.58 | 4.33 | 6.60 | 0.65 |
Samples were sent to MSA Labs in Terrace for sample preparation and then for analysis in their Langley BC facilities.
The Company is awaiting the assays for the rest of the Nobody Knows drilling and the results will be released once compiled. The Company is waiting for the results for 11 additional holes.
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/227656