Mr. Ed Kruchkowski reports
DECADE DISCUSSES SILVER POTENTIAL OF THE DEL NORTE PROPERTY
Decade Resources Ltd. has discussed the silver potential of the Del Norte property optioned in January of 2020 from Teuton Resources Corp. with terms allowing the company to earn up to a 55-per-cent interest in the property by spending $4-million over a five-year period. The company can an earn an additional 20-per-cent interest by carrying the property to commercial production. Decade has earned the 55-per-cent interest in the property. It is situated within British Columbia's Golden Triangle, 34 kilometres east of Stewart, B.C. The property covers the contact of felsic volcanic rocks of the Hazelton Group and sedimentary rocks of Salmon River formation. This is the same horizon that hosts the Eskay Creek mine 60 km north of Stewart, B.C.
A deformation corridor along this contact, composed of argillites and lapilli tuffs, brecciated and sheared with quartz-carbonate-sulphide cemented breccias, replacement zones and veins. Breccia fragments, composed mostly of argillite are very angular ranging in size from less than one centimetre to 10 cm across. Mineralized zones host sulphides including pyrite, sphalerite, galena and tetrahedrite mineralization along with sections mineralized by fine acicular arsenopyrite. Mineralization is located within a pyrite-rich, graphitic black mudstone horizon within black matrix lapilli tuffs with subintervals of dacite lapilli tuffs. The mudstone horizon contains small rounded fragments of pyrite as well as fine stringers of sphalerite. Fracturing and faulting within this unit has resulted in the deposition of quartz and sulphides. The faulting has resulted in black graphitic gouge, crushed sulphides and quartz fragments.
Within this deformation corridor related to thrust faulting, there are at least three distinct silver-gold-rich veins and breccias; these are the Kosciuszko (K-zone), Argo/LG and Eagles Nest zones. Widths on these veins and breccia can be up to 10 to 12 metres over lengths exceeding 1.2 kilometres. Zones appear to occur along a number of splays associated with the thrust faulting along the volcanic-sedimentary contact.
Highlights of some of the 2020 and 2021 results previously released in drilling are as follows:
- 4.5 g/t gold and 754 g/t silver over 1.8 m in DDH-DN20-01 on the Kosciuszko zone;
- 5.3 g/t gold and 35.88 g/t silver over 6.2 m in DDH-DN20-10 on the Eagle's Nest zone;
- 6.03 g/t gold and 597.39 g/t silver over 4.95 m in DDH-DN20-18 on the LG/Argo zone;
- 17.5 g/t gold and 815.98 g/t silver over 2.46 m in DDH-DN20-20 on the LG/Argo zone;
- 7.13 g/t gold and 815.98 g/t silver over 4.27 m in DDH-DN21-09 on the LG/Argo zone;
- 1.56 g/t gold and 391.27 g/t silver over 7.01 m in DDH-DN21-12 on the LG/Argo zone;
- 4.28 g/t gold and 1091.6 g/t silver over 9.91 m in DDH-DN-21-10 on the LG/Argo zone;
- 3.43 g/t gold and 1039.95 g/t silver over 10.98 m in DDH-DN-21-15 on the LG/Argo zone.
Highlights of surface sampling is shown in the attached table for the 2020 to 2021 period including some historic sampling 800 metres southwest of the LG/Argo zone.
Samples from the 2020 to 2021 program were assayed by MSA Labs in Langley, B.C., and the historic assays from 1994 by Activation Labs in Kamloops, B.C.
2026 exploration plans
The company plans to further define areas for drill pads with the continued ablation of glacial ice in the areas of the mineralized structures. In areas of structures exposed by melting ice, chip sampling to determine grade of these zones. In addition, sampling will include:
- Exploration in the vicinity of samples ERK 896;
- New zone discovered in 2024 below the Kosciuszko (K-zone) zone approximately one m wide assaying 6.59 g/t gold and 946 g/t silver as well as 6.78 g/t gold and 5184 g/t silver;
- Along strike of the Kosciuszko (K-zone) zone between it and the AP zone;
- Along strike of the Eagles Nest zone;
- Quartz-sericite zones with values of 30.9 g/t Au and 80 g/t Ag.
The sampling will include high angle personnel in order to test these zones.
Qualified person
Ed Kruchkowski, PGeo, president of Decade Resources, is the qualified person as defined by National Instrument 43-101 and has reviewed and approved the technical contents of this news release.
About Decade Resources Ltd.
Decade Resources 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.
We seek Safe Harbor.
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