Welcome to our dedicated page for Decade Resources news (Ticker: DECXF), a resource for investors and traders seeking the latest updates and insights on Decade Resources stock.
Decade Resources Ltd. (DECXF) is a Canadian mineral exploration company actively advancing multiple projects in British Columbia's Golden Triangle. This page provides investors with direct access to official press releases, operational updates, and financial disclosures related to its copper, silver, and gold exploration programs.
Discover timely updates on drilling campaigns, assay results, and strategic developments across Decade's 100% owned mineral claims. Our curated news collection serves as a reliable resource for understanding the company's exploration progress, including geophysical surveys, trenching results, and private placement financings.
Key content categories include project evaluations from grassroots to advanced stages, technical reports on mineralization patterns, and regulatory filings. All materials are sourced directly from the company to ensure accuracy and compliance with Canadian mining disclosure standards.
Bookmark this page for streamlined access to Decade Resources' latest developments in one of Canada's most prospective mining regions. Check regularly for updates on exploration milestones and corporate announcements that shape the company's trajectory in mineral discovery.
Decade Resources (TSXV: DEC) has completed a surface exploration program on its Grassy project in the 'Golden Triangle area' of BC. The property, located 24 km north of Stewart B.C., covers 830.20 hectares in 2 claims owned 100% by Decade. Key findings include:
- 35 grab rock samples taken from adit dumps, historic trenches, and bedrock mineralization
- Values ranged from 0.21 to 5184 g/t Ag, <0.005 to 31.9 g/t Au, 11.8 ppm to 3.92% Cu, 4.7 ppm to 39.89% Pb, and 4 ppm to 26.93% Zn
- Highest grade assays to date for the company
- Two areas identified for future diamond drilling
The company is also compiling results from its Nobody Knows project for future release.
Decade Resources (TSXV: DEC) has completed its 2024 drill program at the Del Norte project in British Columbia's 'Golden Triangle' area. The company has fulfilled its commitment to earn a 55% working interest in the property by incurring over $4 million in exploration expenses. The program focused on testing the K-Zone, drilling 12 holes totaling 2,014.5 m of NQ sized core.
The Del Norte project covers an 8 km-long mineralized belt with multiple gold showings. Previous trenching in the K-Zone yielded significant gold and silver values. The 2024 drilling encountered the K-Zone in all but one hole, marked by faulted and brecciated sediment, sheared and silicified dacite ash tuffs, and dacitic dykes with various forms of quartz and mineralization.
Samples have been sent for analysis, and the company is pleased with the verification of the K-zone persisting to depth. Decade Resources now has the right to earn an additional 20% interest by placing the property into production.
Maxwell A. Munday has acquired 19,000,000 shares and 19,000,000 warrants of Decade Resources (DECXF) through a non-brokered private placement on October 1st, 2024. The purchase was made at 3.5¢ per unit, totaling $665,000. Following this acquisition, Munday now owns or controls:
- 22,500,000 shares (17.56% of Decade's 128,132,690 outstanding shares)
- 31,000,000 warrants (49.40% of Decade's 62,757,813 outstanding warrants)
Munday states that the securities were acquired for investment purposes and may adjust his holdings based on market conditions and other factors. This announcement is in compliance with National Instrument 62-103, and an Early Warning Report has been filed on SEDAR.
Decade Resources (TSXV: DEC) has successfully closed its previously announced private placement, raising gross proceeds of $1,040,000. The company issued 29,714,286 units at 3.5 cents per unit, with each unit comprising one common share and one transferable common share purchase warrant. The warrants are exercisable at $0.06 per share for a 5-year period.
The majority of the proceeds will be used for general working capital purposes, with the possibility of allocating over 10% towards exploration on BC Properties. The company paid a cash finder's fee of $71,400 and issued 2,040,000 warrants at $0.06 to a finder. All securities issued have a statutory hold period until January 31, 2025.
Decade Resources also announced that there will not be a Tranche 2 of its Flow Through PP, as the company has sufficient funding to complete the Del Norte option.
Decade Resources (TSXV: DEC) has increased its non-brokered private placement to 29,714,286 units at $0.035 per unit, aiming to raise $1,040,000. Each unit includes one common share and one share purchase warrant, exercisable for five years at $0.06 per share. The majority of proceeds will be used for general working capital, with potentially over 10% allocated to exploration of BC Properties. Finders' fees of 8% in cash and warrants will be paid for certain investors. The financing is subject to TSX-V approval and a four-month statutory hold period. Decade Resources focuses on mineral exploration in British Columbia's 'Golden Triangle' area.
Decade Resources (TSXV: DEC) has closed tranche 1 of its flow-through private placement, raising $481,000 in gross proceeds. The company issued 9,620,000 flow-through units at $0.05 per unit, each comprising one flow-through common share and one transferable non-flow-through warrant exercisable at $0.08 per share for 24 months. Directors acquired 5 million units for $250,000, considered a related party transaction but exempt from formal valuation and minority shareholder approval requirements. Proceeds will fund Canadian exploration expenses and flow-through critical mineral mining expenditures on the company's BC properties. Securities are subject to a four-month hold period expiring January 11, 2025.
Decade Resources (TSXV: DEC) has amended its previously announced non-brokered private placement. The company will now issue 25,714,286 units at $0.035 per unit, for gross proceeds of $900,000. Each unit consists of one common share and one share purchase warrant, exercisable for five years at $0.06 per share. The majority of proceeds will be used for general working capital, with potentially over 10% allocated to exploration of BC Properties. Finders' fees of 8% in cash and warrants will be paid for certain investors. The financing is subject to TSX-V approval and a four-month statutory hold period.
Decade Resources (TSXV: DEC) has announced a non-brokered private placement of 30,000,000 units at $0.03 per unit, aiming to raise $900,000. Each unit includes one common share and one share purchase warrant, exercisable at $0.06 per share for 28 months. The majority of proceeds will be used for general working capital, with potential allocation of over 10% towards exploration of BC Properties. The company will pay 8% finders' fees in cash and warrants for certain investors. The private placement is subject to TSX-V approval and a four-month statutory hold period. Decade Resources focuses on mineral exploration in British Columbia's 'Golden Triangle' area.
Decade Resources (TSXV: DEC) is investigating a potential new VMS zone within the Nobody Knows zone in Terrace, BC. The company's project includes 54 mineral claims totaling 24,179.7 hectares. Recent findings from high-grade gold blast boulders revealed unique features:
- Sulphide clusters in rocks resembling intrusive textures
- Host rock composed mainly of sericite and/or anhydrite
- Presence of massive arsenopyrite and sphalerite
- Highly pitted rock surfaces with yellow arsenic stains
A geological crew has been mobilized to map, soil sample, and sample the area. The company aims to establish the source rocks by identifying anomalies for arsenic, lead, gold, and silver in the overburden-covered area.
Decade Resources (TSXV: DEC) has initiated a drill program on the Del Norte Project to test the K-Zone. The company plans to drill approximately 3000m in 15 drill holes to define the zone. The Del Norte property, located 34 km east of Stewart, BC, contains numerous mineralized zones, with the K-Zone showing significant gold and silver values in previous trenching and drilling.
Key highlights:
- 2002 trenching: 10m @ 6.14 g/t Au, 630.86 g/t Ag
- 2006 trenching: 15m @ 3.93 g/t Au, 267.59 g/t Ag
- Previous drilling: up to 23.4m @ 7.64 g/t Au, 277.3 g/t Ag
The company has also discovered a new zone of quartz stockwork northeast of the K-zone, hosting galena and arsenopyrite. Decade can earn up to a 75% interest in the property through exploration expenditures and by carrying it to commercial production.
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