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) generates frequent news flow through exploration updates, property agreements and financing announcements related to its mineral projects in British Columbia. The company describes itself as a Canadian-based mineral exploration issuer with numerous properties at various stages of development and exploration, many of them in the Golden Triangle area of northern British Columbia.
News releases often highlight sampling and geological results from key projects such as the North Mitchell Property, the Del Norte property and the Copper River (Terrace) properties, including the Nobody Knows claim. These updates include assay summaries for gold, silver, copper and other metals from grab samples, chip samples and geochemical surveys, along with descriptions of host rocks, alteration styles and mineralization types. For investors following early-stage gold, silver and copper exploration, these technical details provide insight into how Decade is advancing its targets.
Additional DECXF news items cover corporate developments such as the acquisition of new properties, including the Bonaparte copper-gold property in the Kamloops Mining Division, and the terms of option agreements. Financing news is also a recurring theme, with private placement financings of flow-through and non-flow-through units disclosed, along with intended use of proceeds for exploration on British Columbia properties and general working capital.
Readers of this news feed can review Qualified Person statements, laboratory assay methods and cautionary language on the selective nature of samples and forward-looking information. For those monitoring junior mineral exploration companies, Decade Resources’ news provides ongoing context on exploration progress, property interests and funding activities associated with the DEC and DECXF symbols.
Decade Resources (TSXV: DEC) has received TSX-V approval to acquire the North Mitchell Property in British Columbia's Golden Triangle. The 963.45-hectare property is strategically located among major Cu-Au deposits with combined reported resources of 201.67 million gold equivalent ounces in the surrounding area.
Additionally, the company reported high-grade gold-silver-base metal discoveries at its Nobody Knows Project near Terrace. Recent select grab samples showed significant results, with gold values ranging from 0.185 to 79.12 g/t, silver from 3.35 to 927 g/t, and zinc up to 27.15%. The company plans aggressive exploration of both properties in the 2025 field season.
The North Mitchell Property is situated near the Texas Creek Plutonic suite, associated with significant gold mineralization in the region. Recent ice ablation has exposed altered rocks similar to those hosting nearby mineralization, presenting new exploration opportunities.
Decade Resources (TSXV: DEC) has reported assay results from late 2024 sampling at the Nobody Knows claim, part of their Copper River project in British Columbia. The company discovered a high-grade gold-silver-base metal zone approximately 3 km SW from the Nobody Knows #2 copper-silver red bed.
Key findings from 16 select grab samples include:
- Sample values reaching up to 79.12 g/t Au, 927 g/t Ag, 2.32% Cu, 7.93% Pb, and 27.15% Zn
- Average values (excluding wall rock sample) of 32.38 g/t Au, 245.9 g/t Ag, 1.0% Cu, 1.09% Pb, and 6.23% Zn
- Samples collected across a 200m section of road
The company plans to focus 2025 exploration on this area and is considering applying for a 10,000-tonne test based on the high metal content. Mineralogical analysis indicates mesothermal alteration-mineralization with 85-90% sulphides including arsenopyrite, pyrite, and sphalerite.
Decade Resources (TSXV: DEC) has entered into an option agreement to acquire the North Mitchell Property in British Columbia's Golden Triangle, located 70 km north of Stewart BC. The 963.45-hectare property is strategically positioned among several major Cu-Au deposits with a combined reported gold resource of approximately 201.67 million ounces in the surrounding area.
The property is adjacent to significant deposits including:
- KSM's Iron Cap deposit (36.1M oz Au) within 2 km
- KSM's Snowfield deposit (34.9M oz Au) within 2.9 km
- Tudor Gold's Treaty Creek deposit (27.87M oz Au) within 5 km
- Newmont's Brucejack & Valley of Kings deposits (14.5M+ oz Au) within 6.4 km
Decade can earn a 70% interest in the property through a series of option payments. The agreement includes a 1% NSR royalty, with an option to purchase half of it for $3 million.
Decade Resources (TSXV: DEC) has staked 1,742 hectares covering a major shear structure containing antimony mineral (stibnite) in BC's Golden Triangle area. The property, located 40km NE of Stewart BC, features a quartz-stibnite vein system up to 5 meters wide, traced over 300 meters.
The mineralization includes zones up to 15 meters wide with massive stibnite and arsenopyrite pockets. Historical sampling from 2004 showed 6 out of 8 grab samples exceeded limits for Antimony, with silver values ranging from 12.1 to 65 g/t.
Antimony, designated as a critical mineral by the Canadian government, is important for flame retardants, batteries, and defense applications. The global antimony market is projected to grow at 5.5% CAGR from 2023-2030. China, controlling 70% of global supply, has banned exports to the United States.
Decade Resources (TSXV: DEC) has announced exploration plans for its Nobody Knows claim, part of a 59-claim project covering over 24,000 hectares east of Terrace, B.C. The company reported significant drilling results from 2024, highlighting copper-silver mineralization with intervals exceeding 1% copper, including notable intersections like 11.98m at 1.25% Cu and 10.36 g/t Ag in hole NK-24-03.
A new VMS zone was discovered 3km SW of the Nobody Knows #2 copper-silver red bed, with select grab samples showing high values in gold, silver, copper, lead, and zinc. Notable samples included values up to 79.1 g/t Au, 6,902 g/t Ag, and 27.15% Zn. The company plans to conduct an airborne survey in 2025 to identify EM anomalies in the area.
Decade Resources (TSXV: DEC) has reported results from its 2024 exploration program at the Nobody Knows #2 zone, completing 15 holes totaling 2,639m. The project, comprising 59 contiguous mineral claims covering over 24,000 hectares, is located 10-40 km east of Terrace, B.C.
Key drilling results include an intersection of 2.07m grading 3.18% copper and 43.48 g/t silver in hole NK-24-13. Notable mineralization includes bornite, chalcocite, and malachite, fitting a red bed type copper-silver system model. The drilling program successfully identified multiple mineralized horizons with strong mineralization extending to at least 100m depth.
Significant intervals include 34.23m grading 0.93% Cu and 8.46 g/t Ag in DDH-NK-24-03, and 47.6m of 0.47% Cu and 5.33 g/t Ag in DDH-NK-24-04. The company plans to conduct an airborne survey in 2025 to identify anomalies on strike with the 2023-2024 drilled section.
Decade Resources (TSXV: DEC) has announced a non-brokered private placement of flow-through shares to raise gross proceeds of up to $125,000. The offering consists of 2,500,000 flow-through units at $0.05 per unit. Each unit includes one common share and one transferable purchase warrant, exercisable at $0.08 per share for 24 months.
The offering benefits from the Mineral Exploration Tax Credit (METC), providing a 15% tax credit on mineral exploration expenses, and the new 30% Critical Mineral Exploration Tax Credit (CMETC) for specified minerals. The proceeds will be used for the company's projects in British Columbia's 'Golden Triangle' area.
Decade Resources (TSXV: DEC) has completed its flow-through private placement, raising gross proceeds of $945,000. The company issued 18,900,000 flow-through units at $0.05 per unit. Each unit includes one flow-through common share and one transferable warrant exercisable at $0.08 per share for 24 months.
The proceeds will be used for Canadian exploration expenses and flow-through critical mineral mining expenditures on the company's BC properties. The company paid $64,400 in finder's fees and issued 1,288,000 warrants at $0.08 to finders. All securities have a four-month hold period expiring April 4, 2025.
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