New Risk • Mar 29
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$1.8m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.8m free cash flow). Share price has been highly volatile over the past 3 months (28% average weekly change). Earnings have declined by 54% per year over the past 5 years. Shareholders have been substantially diluted in the past year (64% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$16.9m market cap, or US$12.1m). Announcement • Jan 14
Decade Resources Ltd. Provides Results of Its Exploration Program on the Nobody Knows Portion of the Company's Copper River (Terrace) Properties Decade Resources Ltd. is providing results of its exploration program on the nobody Knows portion of the Company's Copper River (Terrace) properties. The Copper River project consists of 59 contiguous minerals claims totaling 28,723.18 hectares formed by the Treasure Mountain, Dardanelle, nobody Knows (6,870.79 ha) and Excelsior claims. It is underlain by a complex boundary zone between two prominent tectonic assemblages: the volcanic island-arc assemblage of the Stikinia Terrane in the east and the intrusive rocks of the Coast Plutonic Complex (Cretaceous-Tertiary) to the west. Sampling in the 2024 field season led to the discovery of the high-grade gold-silver-base metal bearing boulders associated with high arsenic, bismuth and cobalt values along a logging road in the SE portion of the claim (1060251). These boulders ranged from pebble size to pieces up to 0.6 m in size located in 2 main areas 200m apart along spur logging roads. Vis Visible gold was noted in several cut rock samples of this mineralization. The Company conducted geochemical surveys in 2025 in order to locate the source. The Company conducted geochemical survey in 2025 in order to located the source. "Contin continued exploration in 2025 indicates that the gold-silver-base metal rich rocks are composed of sulphides, quartz and muscovite. Thin section studies indicate that the boulders are quartz-muscovite with arsenopyrite, pyrite and sphalerite with lesser chalcopyrite and minor galena. In the examined samples no lowor high temperature minerals were detected indicating the alteration/mineralization observed in these samples can be classified as mesothermal. Based on the analysis to date the discovered boulders are interpreted to be similar to an intrusive related gold deposit mineral type which are known to have enhanced bismuth and cobalt. These types of deposit are characterized by their association with felsic igneous rocks which are present on the property. The presence of these elements in these types of deposits indicates a significant mineralization process that has enhanced value and potential. The Company is excited about locating an area that appears to contain the source of these boulders. The following claim map shows the location of the boulders relative to the claim holdings as well as the location of a highly anomalous silt sample from the 2025 field program. Announcement • Nov 25
Decade Resources Ltd. announced that it has received CAD 1.17 million in funding On November 24, 2025, Decade Resources Ltd. closed the transaction. The company announced that it has issued 24,250,000 flow-through units were issued on a private placement basis at a price of CAD 0.04 per unit, for aggregate gross proceeds of CAD 970,000 and A total of 5,000,000 non-flow-through units were issued on a private placement basis at a price of CAD 0.04 per unit, for aggregate gross proceeds of CAD 200,000; aggregate gross proceeds of CAD 1,170,000. Each unit comprised one flow through common share and one transferable non flow through common share purchase warrant, each warrant being exercisable for the purchase of one additional common share, at a price of CAD 0.06 per share, for a 24- month period and Each unit comprised one non flow through common share and one transferable non flow through common share purchase warrant, each warrant being exercisable for the purchase of one additional common share, at a price of CAD 0.06 per share, for a 36-month period. All securities that were issued are subject to a statutory hold period of four months from the date of issuance, expiring March 22, 2026, in accordance with applicable securities laws. In consideration for introducing certain subscribers to the private placement, the company paid cash finder's fees totaling CAD 86,800 and issued 2,170,000 warrants at CAD 0.06 to the finders. The warrants are exercisable for a 24-month period and expire on November 21, 2027. Announcement • Nov 05
Decade Resources Ltd. announced that it expects to receive CAD 1.5 million in funding Decade Resources Ltd. announced a non-brokered private placement of 32,500,000 flow-through units at a price of CAD 0.04 per FT Unit to raise gross proceeds of CAD 1,300,000; and of CAD 1,300,000; and 5,000,000 non-flow-through units at a price of CAD 0.04 per NFT Unit to raise gross proceeds of CAD 200,000, and altogether the gross proceeds will be CAD 1,500,000 on November 4, 2025. Each FT Unit will consist of one flow-through common share and one common share purchase warrant. Each warrant will entitle the holder to purchase one non-flow-through common share at a price of CAD 0.06 per share for a period of two years from the date of issuance. Each NFT Unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share at a price of CAD 0.05 per share for a period of three years from the date of issuance. The private placement is subject to acceptance by the TSX Venture Exchange. All securities issued pursuant to the financing will be subject to a four-month hold period from the date of issuance in accordance with applicable securities laws and TSX Venture Exchange policies. Announcement • Oct 10
Decade Resources Ltd. announced that it has received CAD 0.8155 million in funding On October 9, 2025, Decade Resources Ltd. closed the transaction. The company announced it has received 27,183,335 flow-through units were issued on a private placement basis at a price of CAD 0.03 per unit for gross proceeds of CAD 815,500.05. Each unit comprised one flow-through common share and one transferable non-flow-through common share purchase warrant, each warrant being exercisable for the purchase of one additional common share, at a price of CAD 0.05 per share, for a 24- month period. All securities that were issued are subject to a statutory hold period of four months from the date of issuance, expiring February 8, 2026, in accordance with applicable securities laws. In consideration for introducing certain subscribers to the private placement, the company paid cash finders' fees totaling CAD 25,880 and issued 862,666 warrants at CAD 0.05 to the finders. The warrants are exercisable for a 24-month period. Announcement • Sep 24
Decade Resources Ltd., Annual General Meeting, Nov 21, 2025 Decade Resources Ltd., Annual General Meeting, Nov 21, 2025. Location: british columbia, vancouver Canada Announcement • Sep 18
Decade Resources Ltd. announced that it has received CAD 0.255 million in funding On September 17, 2025, Decade Resources Ltd. closed the transaction. The company announced that it has issued 8,500,000 units were issued on a private placement basis at a price of CAD 0.03 cents per unit, for aggregate gross proceeds of CAD 255,000. Each unit comprised of one common share and one transferable common share purchase warrant, each warrant being exercisable for the purchase of one additional common share, at a price of CAD 0.05 per share, for a 5-year period. All securities that were issued are subject to a statutory hold period of four months from the date of issuance, expiring January 17, 2026, in accordance with applicable securities laws. In consideration for introducing the subscribers to the private placement, the company paid a cash finder's fee totaling CAD 20,400 and issued 680,000 warrants, with a 2-year term, at CAD 0.05 to a finder. Announcement • Sep 09
Decade Resources Ltd. announced that it expects to receive CAD 0.255 million in funding Decade Resources Ltd. announce a non-brokered private placement of 8,500,000 units at a price of CAD 0.03 per Unit, for gross proceeds of CAD 255,000 Each Unit will consist of one common share and one share purchase warrant, each whole share purchase warrant being exercisable for a period of five years at a price of CAD 0.05 per share. The Units shall be subject to the statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation. The proceeds will be used for general working capital purposes and 10% of the funds may also be used towards exploration on its BC Properties. Announcement • Aug 27
Decade Resources Ltd. announced that it expects to receive CAD 1 million in funding Decade Resources Ltd announced a non-brokered private placement to issue 33,333,333 flow-through units at a price of CAD 0.03 per unit for aggregate gross proceeds of CAD 999,999.99 on August 27, 2025. Each unit will comprise one common share and one transferable common share purchase warrant, each warrant being exercisable for the purchase of one additional common share, at a price of CAD 0.05 per share, for a period of 24 months. Finders' fees may be payable in connection with the offering. Announcement • Aug 13
Decade Resources Ltd. announced that it has received CAD 0.12 million in funding Decade Resources Ltd. announces a private placement issued 4,000,000 flow-through units at a price of CAD 0.03 per unit for gross proceeds of CAD 120,000 on August 12, 2025. Each unit comprised one flow through common share and one transferable non flow through common share purchase warrant, each warrant being exercisable for the purchase of one additional common share, at a price of CAD 0.05 per share, for a 36-month period. All securities that were issued are subject to a statutory hold period of four months from the date of issuance, expiring December 13, 2025, in accordance with applicable securities laws. Announcement • Jul 13
Decade Resources Ltd. Provides Update on 2025 Exploration Decade Resources Ltd. reported that it has been prospecting as well as soil, silt and rock sampling in addition to mapping on the nobody Knows claim. A number of float boulders located in 2024 indicated a high grade gold-silver-base metal zone approximately 3 km SW from the nobody Knows # 2 copper-silver red bed which the Company has been actively drilling. Highlights of the recent discovery exploration include the following: High values in gold-silver-copper-lead-zinc associated with arsenopyrite and elevated bismuth and cobalt from select grab samples. Samples contain arsenopyrite, sphalerite, pyrite, chalcopyrite, galena and occasional specks of visible gold. Samples are from excavated rock used to cover road material located along a spur logging trail. Samples obtained indicated a 200 m section of road containing these boulders. Numerous mineralized rocks have been noted in the 2025 work. The photo below shows a road fill boulder with angular faces indicating removal from a bedrock source. It is up to 0.4 long and shows a distinct reddish hue with a strongly pitted surface, typical of the high grade boulders. The Company has discussed exploration with a contractor for the North Mitchell, Grassy, premier East. and SB antimony project. This work is planned for late August to allow for greater snow melt. 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 approved the contents of this release. Announcement • Jun 17
Decade Resources Ltd. announced that it has received CAD 0.3085 million in funding On June 16, 2025, Decade Resources Ltd. closed oversubscribed transaction. The company issued 8,814,286 flow-through units at an issue price of CAD 0.035 for gross proceeds of CAD 308,500.01. Each unit comprised one flow through common share and one transferable non flow through common share purchase warrant, each warrant being exercisable for the purchase of one additional common share, at a price of CAD 0.05 per share, for a 24-month period. All securities that were issued are subject to a statutory hold period of four months from the date of issuance, expiring October 14, 2025, in accordance with applicable securities laws. In consideration for introducing certain subscribers to the private placement, the company paid cash finder's fees totaling CAD 16,200 and issued 462,857 warrants at CAD 0.05 to the finders. The warrants are exercisable for a 24-month period. Announcement • Jun 12
Decade Resources Ltd. announced that it expects to receive CAD 0.2875 million in funding Decade Resources Ltd. announced a non-brokered private placement of flow-through shares to raise aggregate gross proceeds of CAD 287,500.01 on June 11, 2025. The flow-through offering will comprise of 8,214,286 flow-through units, at a price of CAD 0.035 per flowthrough unit, for gross proceeds of CAD 287,500.01. Each unit will comprise one common share and one transferable common share purchase warrant, each warrant being exercisable for the purchase of one additional common share, at a price of CAD 0.05 per share, for a 24-month period. Finders' fees may be payable in connection with the private placement. New Risk • Apr 01
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$3.3m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$3.3m free cash flow). Share price has been highly volatile over the past 3 months (22% average weekly change). Earnings have declined by 13% per year over the past 5 years. Shareholders have been substantially diluted in the past year (66% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$5.15m market cap, or US$3.59m). New Risk • Dec 26
New major risk - Revenue and earnings growth Earnings have declined by 4.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 4.8% per year over the past 5 years. Shareholders have been substantially diluted in the past year (66% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$5.15m market cap, or US$3.58m). Announcement • Dec 18
Decade Resources Ltd. announced that it expects to receive CAD 0.125 million in funding Decade Resources Ltd. announced a a non-brokered private placement to issue 2,500,000 flow-through units, at a price of CAD 0.05 per flowthrough unit, for gross proceeds of CAD 125,000 on December 17, 2024. Each unit will comprise one common share and one transferable common share purchase warrant, each warrant being exercisable for the purchase of one additional common share, at a price of CAD 0.08 per share, for a 24-month period. Finders' fees may be payable in connection with the private placement. New Risk • Dec 11
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 66% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (66% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$4.41m market cap, or US$3.12m). Minor Risk Share price has been volatile over the past 3 months (18% average weekly change). Announcement • Dec 06
Decade Resources Ltd. announced that it has received CAD 0.945 million in funding On December 5, 2024. Decade Resources Ltd. has closed the transaction. it has issued 18,900,000 flow-through units at a price of CAD 0.05 per unit for proceeds of CAD 945,000. In consideration for introducing certain subscribers to the private placement, the company paid cash finder's fees totaling CAD 64,400 and issued 1,288,000 warrants at CAD 0.08 to the finders. The warrants are exercisable for a 24-month period. Announcement • Nov 08
Decade Resources Ltd. announced that it expects to receive CAD 0.91 million in funding Decade Resources Ltd announced a non-brokered private placement on November 7, 2024. The company will issue 18,200,000 flow-through units at a price of CAD 0.05 per flow-through unit, for gross proceeds of CAD 910,000. Each unit will comprise one common share and one transferable common share purchase warrant. Each warrant being exercisable for the purchase of one additional common share, at a price of CAD 0.08 per share, for a 24-month period. Announcement • Oct 09
Decade Resources Ltd Completes the 2024 Drill Program at the Del Norte Project Within the 'Golden Triangle Area" of BC Decade Resources Ltd. reported that it has completed the 2024 drill program at the Del Norte project within the 'Golden Triangle area’ of BC. The property is located 34 km east of Stewart in the Skeena Mining Division. The property consists of 13 mineral tenures (claims) covering 5,830 hectares in which the Company had the right to earn up to a 55 % interest. To earn this interest, the Company had to incur $4,000,000 in expenditures in a 5 year period and make option payments. All payments have been made and in excess of $4,000,000 in exploration has been spent. Decade has the right to earn an additional 20% by placing the property into production. The Del Norte project covers an eight-kilometre-long north-south mineralized belt that hosts multiple gold showings in the same geological environment as the Eskay Creek gold mine. Significantly, three gold- bearing streams intersect the property; namely Nelson, Del Norte and Willoughby Creeks with Nelson Creek supporting a gold placer mining operation in the 1930s. Drilling was completed from a drill station built on a narrow ridge to test the down dip extension of the K- Zone (Kosciuszko Zone/SP) that has been explored by a few holes and several trenches in previous programs. The zone mineralization is associated with quartz veins and breccias which are spatially restricted to felsic packages of rocks. The felsic volcanics are located stratigraphically at the same geological horizon as that hosting the Eskay Creek deposit. In total, 12 holes totalling 2,014.5 m of NQ sized core were completed with 1 lost before encountering the mineralization. Drill holes were approximately 200 m long using an A-5 drill capable of drilling at low angle dips to hit the zone. Holes were drilled to test beneath the 2002 and 2006 drilling and trenching programs. The drill holes tested 200 m below the 2002 and 2006 work along approximately 50 m of strike length. The photo below shows the ridge upon which the pad was constructed. Announcement • Oct 03
Decade Resources Ltd. announced that it has received CAD 1.04 million in funding On October 1, 2024. Decade Resources Ltd. has closed the transaction. Maxwell A. Munday acquired ownership or control or direction of 19,000,000 shares and 19,000,000 warrants of Decade Resources Ltd via a non-brokered private placement, at 3.5 per unit, for a total purchase price of CAD 665,000. Munday now owns or controls or directs 22,500,000 shares, representing 17.56% of Decade's 128,132,690 now issued and outstanding shares. Munday now owns or controls or directs 31,000,000 warrants, representing 49.40% of Decade's 62,757,813 now issued and outstanding warrants. All securities that were issued are subject to a statutory hold period of four months from the date of issuance, expiring Jan. 31, 2025, in accordance with applicable securities laws. In consideration for introducing certain subscribers to the private placement, the company
paid a cash finder’s fee totaling CAD 71,400 and issued 2,040,000 warrants at CAD 0.06 to a finder. each warrant being exercisable for the purchase of one additional common share, at a price of CAD 0.06
per share, for a 5-year period. Announcement • Sep 24
Decade Resources Ltd., Annual General Meeting, Nov 21, 2024 Decade Resources Ltd., Annual General Meeting, Nov 21, 2024. Location: british columbia, vancouver Canada New Risk • Sep 15
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 11% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (27% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (CA$3.44m market cap, or US$2.53m). Minor Risk Shareholders have been diluted in the past year (11% increase in shares outstanding). Announcement • Sep 10
Decade Resources Ltd. announced that it expects to receive CAD 0.9 million in funding Decade Resources Ltd. announced a non-brokered private placement of 30,000,000 units at an issue price of CAD 0.03 per unit for the gross proceeds of CAD 900,000 on September 9, 2024. Each Unit will consist of one common share and one share purchase warrant, each whole share purchase warrant being exercisable for a period of twenty-eight months at a price of CAD 0.06 per share. Finders' fees of 8% in cash and 8% in finders' warrants will be paid in connection with the private placement for certain investors. The financing is subject to TSX-V approval. The Units shall be subject to the statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation. Announcement • Aug 20
Decade Resources Ltd. announced that it expects to receive CAD 1 million in funding Decade Resources Ltd. announced a non-brokered private placement of 20,000,000 flow-through units at a price of CAD 0.05 per flow-through unit for gross proceeds of CAD 1,000,000 on August 19, 2024. Each flow-through unit will comprise one common share and one transferable common share purchase warrant, each warrant being exercisable for the purchase of one additional common share, at a price of CAD 0.08 per share, for a 24-month period. The transaction included participation from certain directors and officers of the company. Finders' fees may be payable in connection with the private placement. Announcement • Jan 25
Decade Resources Ltd. Announces Copper Assays from Drilling on Near Surface Shallow Copper-Silver Mineralization At the Copper River Project Decade Resources Ltd. reported that it has received the assays from the recent drill program at the Nobody Knows No 1 and Nobody Knows No 2 zones at the Copper River project. The project is part of a large claim holding 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 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. Mineralization is dominated by bornite, chalcocite and malachite with lesser covellite and chalcopyrite and little to no pyrite. These sulphides constitute from trace to 5% of the rock forming grains, small blebs and veinlets which show strong association with silicification and shearing. This type of mineralization does not contain any appreciable gold but is enriched in silver fitting the model of a red bed type copper- silver mineralized system. Assays for the entire 33 drill holes are shown in the table below with assays 0.1% Cu listed. DDH-23-NB-1-22 inclusive and DDH-NB-23-31-33 inclusive are over the Nobody Knows # 2 showing. DDH-NB-23-26 inclusive tested small copper showings along the West Copper River Forestry road and DDH-23-NB-27-30 inclusive tested the Nobody Knows # 1 showing, 1.2 km east of the Nobody Knows 2 showing. For the latter 2 drill areas, only drilling on the Nobody Knows # 1 showing intersected short intervals of higher grade copper within chalcopyrite bearing limestone fragments in a highly epidote altered andesite. For DDH-23-33 was terminated early due to freeze up conditions. Based on drilling, the Nobody knows # 2 zone is not related to mineralization at the Nobody Knows # 1 zone as initially interpreted. The strike zone from the Nobody Knows # 2 zone to the previous drilling at Treasure Mountain is approximately 20 km east. The Company is currently assessing targets on Treasure Mountain to be included in the 2024 drill program. All samples were analyzed by ALS Labs in North Vancouver BC. New Risk • Dec 22
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$2.9m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$2.9m free cash flow). Share price has been highly volatile over the past 3 months (20% average weekly change). Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (36% increase in shares outstanding). Market cap is less than US$100m (CA$14.2m market cap, or US$10.7m). Announcement • Nov 29
Decade Resources Ltd Receives the Final Assays for the Red Cliff Property Located in the Golden Triangle Area Decade Resources Ltd. reported that it has received the final assays for the Red Cliff property located in the "Golden Triangle" area. Decade owns a 65 % interest in the project and is the project manager. Exploration to date indicates that the Red Cliff property hosts a large mineralized system that has been traced for several kilometres. Drilling was aimed at checking for north extensions of the Montrose gold-copper-zinc zone. Over 1 kilometre of strike length that is overburden obscured has not been tested between the Montrose and Red Cliff zones on the property. In addition zones remain open to depths beyond 600 m. Highlights include: The program successfully extended the Montrose to the north. The Montrose zone is an north-south trending zone that has cross-cutting veins from to 2 m to 5 wide that trend eastwest for at least 25 metres into the wall zones. Within the Lower Montrose portion of the Montrose, massive sulphide veins up to 2.5 m wide had reported assays up to 270 g/t gold while 25 m east, sampling had shown assays up to 49 g/t gold over 0.5 m. This is historic sampling which has not been verified by the Company. It is used for reference purposes. Drilling in 2023 was aimed at defining zones of near surface high grade gold-copper for a potential 10,000 tonne bulk test in the Upper Montrose area. Drilling in 2023 were aimed at defining zones of nearsurface high grade gold-co copper for a potential 10,000 tonsne bulk test in the UpperMontrose area. 4,000 tonne bulk test for the area tested. 4,500m of drilling has been completed in 33 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. Rocks hosting the copper mineralization present have been sheared with abundant ground up copper mineralization (bornite) in the fault gouge. All core has been logged and sawn with all sampled intervals sent to the lab for analysis. Surface samples were sent to the lab for analysis; Drilling in 2023 was designed at defining zones of near surface higher grade gold-copper for the potential 10,000 tonne Bulk test in the Upper Montrose areas. Drilling in 2023 is aimed at defining zones of near surfaces high grade gold-copper to a potential 10,000 tonane bulk test in the Upper Mont Rose area. Drilling in 20 23 was aimed at defining zones ofnear surface high grade gold-co copper-copper for a potential10,000 tonne bulk test In the Upper Montrose area. 4,000m of drilling has been completed In 33 drill holes. The discovery drilling holes show similarities to many of The world's major sediment-hosting copper systems with the association ofsilver with copper. Rocks hosting The copper mineralization present have been Sheared with abundant ground up copper Mineralization (bornite) in The fault gouge. All core is logged and sawn with all sampling intervals sent to the lab for analyses. Surples are sent to the lab for analysis and analysis. Surface samples were sent for a sample. Announcement • Nov 22
Decade Resources Ltd. Announces Project Updates Decade Resources Ltd. announced that it has conducted programs on 4 different properties in the Golden Triangle area of BC. The Company is awaiting assay results on all of the properties explored. Terace Project -No Knows Zone: The Company cored significant copper sulphide mineralization intercepts from the recently discovered nobody Knows No 2 zone at the Copper River prospect. The project is part of a large claim holding consisting of 48 contiguous minerals claims which include nobody Knows, Dardanelle (presently farmed out) and Treasure Mountain properties totaling 17,470 hectares. Primary sulphides are bornite with minor chalcocite and covellite as well as chalcopyrite. Copper mineralization has been outlined along 200m of strike and to a depth of 150m. 4,000m of drilling has been completed in 33 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.ocks hosting the copper mineralization present have been sheared with abundant ground up copper mineralization (bornite) in the fault gouge. During soil sampling, new zones of copper mineralization were located. Assay results have only been received for parts of the first 2 holes and the Company expects results for additional holes shortly. Due to the industry high demand for analysis, the receipt of results has been slower than usual. The Company eagerly awaits the results for abundant copper mineral drill core intersections. This area is 20 km west of the nobody Knows mineralization being drilled. Historic drilling has been carried out on 2 small areas of this mineralized trend. On the Purdex occurrence, the following results were obtained: A 26 metre surface chip sample assayed 2.44% copper and 0.4 grams per tonne silver (Minister of Mines Annual Report 1965). A total of nine chip samples ranging in length from 0.9 to 4.0 metres were collected from old trenches in 2017 by the Company confirming earlier work. They assayed from 0.49 to 5.51 % copper and from 7.2 to 42.7 g/t silver. The 2023 drilling intersected quartz veining with bornite and chalcocite. The Company will release assay results once they have been received and compiled. In addition, surface sampling concentrated on areas with high assay results in past programs. Based on the 2023 work, an additional claim was staked to cover an area with chalcocite bearing float boulders that assayed > 5 % copper. Red Cliff. The Company as operator conducted a drilling program that was in excess of 1.57m of drilling in 23 drill holes to further define the Montrose zone. Initial results for the first 12 2023 holes are shown below: UPER MONTROSE, DDH No., From (m), To (m), Core Length (m), Copper %, Gold g/t, MON-2023-6, 5.79, 7.92, 2.13, 0.35, 6.78, MON-2023-7, 5.56, 12.5, 6.94, 1.34, 1.72, 1.72, 1". Announcement • Oct 20
Decade Resources Confirms Discovery on the Nobody Knows Copper Project and Updates Surface Exploration at Treasure Mountain, Terrace, British Columbia Decade Resources Ltd. reported that it has continued to core significant copper sulphide mineralization intercepts from the recently discovered Nobody Knows No 2 zone at the Copper River project. The project is part of a large claim holding consisting of 48 contiguous minerals claims which include 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: Nobody Knows: Diamond drilling continues to intersect copper sulphides in felsic volcanic flow rocks. Primary sulphides are bornite with minor chalcocite and covellite as well as chalcopyrite. Copper mineralization has been outlined along 200m of strike and to a depth of 150m at the Nobody Knows No 2 zone. Drilling has shown an increase in bornite with depth particularly in holes 3, 8 and 16. The discovery drill holes show similarities to many of the world's major sediment-hosted copper systems with the association of silver with copper. Drilling has tested 4 different zones with 3,000 m completed in 26 holes. Rocks hosting the copper mineralization present have been sheared with abundant ground up copper mineralization (bornite) in the fault gouge. The company has only received partial assay results for the first 2 shallow holes targeting the area of copper mineralization. In addition, deep overburden in the first pad area resulted in only part of the high- grade zones being intersected once bedrock was hit. Treasure Mountain Surface Exploration Update: On the Treasure Mountain Property 20 km east, work in 2023 located a wide zone of malachite stained (copper carbonate) felsic volcanic flows with stringers of high grade bornite mineralization. Assays in grab samples have been as high as 10% copper with some carrying gold values up to 4.27 g/t gold. The core is being logged and diamond sawn based on lithologies and/or mineralization with assay results to be released as received. The Company is waiting for further assay results and will release when received. All samples are submitted to the ALS prep Labs in Terrace BC with analysis to be completed in Vancouver BC. 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 the contents of this release. E. Kruchkowski is not independent of Decade as he is the president of the Company. New Risk • Sep 15
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 74% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (32% average weekly change). Shareholders have been substantially diluted in the past year (74% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Significant insider selling over the past 3 months (CA$154k sold). Market cap is less than US$100m (CA$14.2m market cap, or US$10.5m). Announcement • Sep 14
Decade Resources Ltd. announced that it has received CAD 2.97 million in funding from Redplug Inc On September 13, 2023, Decade Resources Ltd. closed the transaction. The company has paid finder's fees of CAD 200,020 and issued 832,433 broker warrants. Each broker warrant is exercisable at CAD 0.24 for 2 years after closing. The transaction included participation from Directors of the company for 1,250,000 flow-through units for CAD 300,000 and 655,000 non-flow through units for CAD 131,000. All securities issued pursuant to the offering are subject to a statutory hold period of four months from the date of issuance, expiring January 13, 2024, in accordance with applicable securities laws. Announcement • Aug 22
Decade Resources Ltd. Announces Start of Exploration At the Copper Discovery At the Nobody Knows Project, Terrace BC Decade Resources Ltd. reported that it has contracted Hardline Exploration Services based out of Smithers BC to conduct a program of soil and silt sampling, prospecting and geological mapping in the area of the nobody Knows discovery drill holes. The program will sample in surrounding areas of other known copper sulphide mineralization exposed in logging road exposures 1-2 km away. In addition, the Company is preparing drill pad locations for the next phase of drilling. The area of the discovery is ideally located for drilling until early to late November. Drill core from the first 3 holes has been logged, saw-cut in half with samples delivered to the assay lab in Terrace. Assays will be released upon receipt and compilation. 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. All samples have been submitted to the ALS prep Labs in Terrace BC with analysis to be completed in Vancouver BC. New Risk • Aug 20
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: CA$154k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (35% average weekly change). Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (44% increase in shares outstanding). Significant insider selling over the past 3 months (CA$154k sold). Market cap is less than US$100m (CA$14.3m market cap, or US$10.5m). Recent Insider Transactions • Aug 18
President recently sold CA$154k worth of stock On the 11th of August, Edward Kruchkowski sold around 850k shares on-market at roughly CA$0.18 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Edward's only on-market trade for the last 12 months. Announcement • Aug 11
Decade Resources Ltd. announced that it expects to receive CAD 0.3 million in funding Decade Resources Ltd. announced a non-brokered private placement of up to 1,500,000 flow-through units at a price of CAD 0.2 per unit for the gross proceeds of up to CAD 300,000 on August 10, 2023. Each unit will be comprised of one flow-through common share and one transferable common share purchase warrant. Each warrant being exercisable for the purchase of one additional common share at a price of CAD 0.3 per share for a 24-month period. The transaction will include participation from individual investors such as Edward Kruchkowski and Randolph Kasum. Announcement • Jul 14
Decade Resources Ltd. announced that it has received CAD 0.27346 million in funding On July 13, 2023, Decade Resources Ltd. closed the transaction. The company amended the terms of the transaction and issued 2,486,000 flow-through units, at a price of CAD 0.11 per flow-through unit for gross proceeds of up to CAD 273,460. All of the shares and warrants, and any shares issued upon exercise of the warrants comprising the units, are subject to a hold period and may not be traded in Canada until November 14, 2023, except as permitted by applicable Canadian securities laws and the TSX Venture Exchange. In consideration for introducing certain subscribers to the private placement, the company paid a cash finder's fee totaling CAD 20,645 and issued 187,680 warrants at CAD 0.135 to certain finders. The finders' warrants have an expiry date of July 13, 2025. Announcement • Jul 07
Decade Resources Ltd. announced that it expects to receive CAD 0.2734 million in funding Decade Resources Ltd. announced a non-brokered private placement of up to 2,485,455 flow-through units, at a price of CAD 0.11 per flow-through unit for gross proceeds of up to CAD 273,400 on July 6, 2023. Each unit consists of one common share and one transferable common share purchase warrant, each warrant is entitles to receive one additional common shares at an exercise price of CAD 0.135 per share for 24 months period. The company will pay Finders' fees of 8% cash and 8% finders’ warrants will be paid in connection with the private placement for certain investors Announcement • Jun 01
Decade Resources Ltd. Starts Drill Program on the Red Cliff Property Decade Resources Ltd. announced that it has started a drill program on the Red Cliff property. The property is located 20 km north of Stewart BC in the "Golden Triangle" region of the Skeena Mining Division. The property has a greater than 1.2 km zone of alteration and mineralization. The Red Cliff Zone at the south end of the mineralization on the property was historically developed with 2,385 meters of underground workings on five levels from four portals over a vertical distance of several hundred meters, with limited copper-gold production reported in 1910-1912 and 1973. From 1910 -1912, production from the Red Cliff Zone amounted to approximately 1,136 tonnes at a grade estimated to average 5% copper. In 1972, approximately 3,776 tonnes of ore was mined by a private company and processed at a local mill located 10 km from the property. No production records for the copper and gold content mined or values recovered are available. The only reserve estimate reported for the Red Cliff Zone was in 1912 (BC Minfile) which estimated a total of 18,900 tonnes averaging 3.19% copper and 2.86 grams per tonne gold. This estimate only considered broken, mineralized material within a stope on one of the levels of the mine. Note: This estimate is historical and is not 43-101 compliant and is used for reference purposes only. The Lower Montrose Zone occurs approximately 1,000 meters to the north of the Red Cliff Zones within Lydden Creek canyon consisting of silicified andesite associated with shearing, with pyrite, chalcopyrite, galena and sphalerite mineralization occurring in quartz veins and stockworks. This zone has been developed along a short adit in a very steep part of the property. Initial sampling, conducted after discovery above the portal area near one of the adits, returned 198 grams per tonne gold across 2.59 meters. During 1939-41, a total of 59 tonnes was mined, averaging 84.4 grams/tonne gold, 101 grams/tonne silver, 0.91% copper, 3.5% lead and 4.41% zinc. Previous operators conducted surface sampling in 1979, which returned 19.3 grams/tonne gold across 2.43 meters and their 1987 surface sampling returned 7.93 grams/tonne gold across 3.81 meters. This data is historical and is not 43-101 compliant and is used for reference purposes only. The Company is presently drilling 200 m north of and 200 m vertically higher than the Lower Montrose (located along the 1.2 km zone) called the Upper Montrose to further define the results of previous Company drilling. A panel of drill holes, on the first drill station indicate deeper than anticipated overburden. Edges of the zone were intersected containing stringers of chalcopyrite and pyrite in sericite altered rocks. The drill has been moved to a drill station 50 m from the first drill station and the first hole on this panel was completed. It intersected sulphide stringers and veins with fine visible gold noted. Ed Kruchkowski, P. Geo., a qualified person under National Instrument 43-101 is responsible for the contents of this release. E. Kruchkowski is not independent of Decade as he is the president of the Company. Announcement • May 24
Decade Resources Ltd. announced that it has received CAD 0.4954 million in funding Decade Resources Ltd. announced a non-brokered private placement to issue 4,718,095 flow-through units were issued at the price of CAD 0.105 per unit for the gross proceeds of CAD 495,399.975 on May 23, 2023. Each flow-through unit consists of one flow-through common share of the company and one transferable non-flow-through common share purchase warrant. Each warrant entitles the holder to purchase, for a period of 24 months, one additional common share of the company, at a price of CAD 0.13 per share. All of the shares and warrants, and any shares issued upon exercise of the warrants comprising the units, are subject to a hold period and may not be traded in Canada until September 19, 2023, except as permitted by applicable Canadian securities laws and the TSX Venture Exchange. In consideration for introducing certain subscribers to the transaction, the company paid a cash finder's fee totaling CAD 33,600 and issued 320,000 warrants at CAD 0.13 to certain finders. Announcement • Nov 30
Decade Resources Ltd. Discovers Porphyry Copper-Molybdenum Mineralization on Their Terrace Property Decade Resources Ltd. announced that it conducted an extensive exploration program on their Terrace area properties in August to late October including 1000m of drilling prior to stopping due to winter conditions. The project stretches from 10 to 40 air kilometers east of Terrace, B.C., on the northern slopes of the Copper River valley. The project consists of 48 contiguous minerals claims totaling 17,470 hectares which form Treasure Mountain, Dardanelle (presently farmed out) and Excelsior properties. All 48 mineral claims are 100% owned by Decade Resources Ltd. The eastern part of the property (Treasure Mountain group of claims) is predominantly underlain by volcanogenic rocks of the Jurassic Telkwa/Hazelton Group. The western parts of the project (Excelsior property and the western-central part of Dardanelle property) are underlain by predominant intrusive rocks which belong to the Coast Plutonic Complex, specifically the Kleanza/Topley Plutonic Suite. A sample of mineralization showing bornite and chalcocite mineralization from the Wells showing is shown below: Copper King (MINFILE No. 103I 163): The area is underlain by felsic to basic volcanic rocks of the Jurassic Hazelton Group. Copper minerals, likely chalcocite and bornite, occur in the volcanics. A 12 metre surface sample is reported to assay 1.35% copper, 12 grams per tonne silver and 0.3 grams per tonne gold (National Mineral Inventory 103I9 Cu13). Peerless (MINFILE No. 103I 186): Andesitic volcanics of the Jurassic Hazelton Group are cut by intrusive dykes and northeast trending shear zones. A shear zone, dipping 75 degrees west and up to 2 metres wide, contains quartz- calcite veinlets mineralized with lenses of chalcocite, bornite, magnetite, and chalcopyrite. A 1.2 metre sample assayed 11.93% copper, 157.7 grams per tonne silver, and 1.4 grams per tonne gold Assays shown above for the showings are from the BC Minfile. They are historic and have not been verified by the Company. The Company is not relying on these assays and they are used for reference purpose only. Based on work by Hardline, the Company feels that the above historic showings have been located. They are obscured by vegetation that has grown since first discovery but a program of grab sampling was conducted on available exposures. In addition to locating the above showings, exploration indicated other copper bearing zones with potential for substantial silver and gold values. During the program, Hardline Exploration, consultants Alex Walus and Ewa Radkiewicz- Walus and Company personnel collected over 300 samples from surface exposures. Samples were sent to MSA Labs for analysis. In late October, the Company completed 1000m of drilling in 4 holes testing the Excelsior and Croesus showings for porphyry copper potential Three holes tested the Excelsior showing with indications of narrow zones of quartz veining with chalcopyrite. The drill hole on the Croesus was not completed due to the onset of winter conditions and the water source freezing up. The drill hole on the Croesus intersected granodiorite with chalcopyrite mineralization associated with weak potassic alteration occurring as disseminations, along fracture faces and in quartz veinlets over its 130m depth. Molybdenite mineralization was also noted on fracture faces and in fine narrow quartz veinlets. Molybdenite mineralization was strongest at the bottom of the terminated drill hole. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 4 highly experienced directors. Independent Director Brian Morrison was the last director to join the board, commencing their role in 2012. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Oct 12
Decade Resources Ltd. announced that it expects to receive CAD 0.85 million in funding Decade Resources Ltd. announced a non-brokered private placement of up to 2,916,667 flow-through units at an issue price of CAD 0.12 per unit for proceeds of up to CAD 350,000 and up to 5,000,000 non-flow-through units at an issue price of CAD 0.10 per unit for proceeds of up to CAD 500,000 for an aggregate gross proceeds of up to CAD 850,000 on October 11, 2022. Each unit will comprise one common share and one transferable common share purchase warrant, each warrant being exercisable for the purchase of one additional common share, at a price of CAD 0.16 per per share, for a 42 month period. Certain directors and officers of the company may participate in the transaction. Finders' fees may be payable in connection with the transaction. Announcement • Sep 20
Decade Resources Ltd. announced that it has received CAD 0.6354 million in funding On September 19, 2022, Decade Resources Ltd. closed the transaction. The company has amended the terms of the transaction. The company has issued 3,420,000 flow-through units at a price of CAD 0.12 per flow-through unit, for gross proceeds of up to CAD 410,400 and 2,250,000 non-flow-through units for gross proceeds of up to CAD 225,000 for an aggregate total proceeds of CAD 635,400. A total of 420,000 shares were purchased by officers of the company in the private placement. Announcement • Sep 17
Decade Resources Ltd., Annual General Meeting, Nov 15, 2022 Decade Resources Ltd., Annual General Meeting, Nov 15, 2022. Announcement • Sep 07
Decade Resources Ltd. announced that it expects to receive CAD 0.78 million in funding Decade Resources Ltd. announced a non-brokered private placement on best effort basis for 4,000,000 flow-through units at a price of CAD 0.12 per flow-through unit, for gross proceeds of up to CAD 480,000 and 3,000,000 non-flow-through units for gross proceeds of up to CAD 300,000 for an aggregate total proceeds of CAD 780,000 on September 6, 2022. Each flow-through unit will comprise one common share and one transferable common share purchase warrant, each warrant being exercisable for the purchase of one additional common share, at a price of CAD 0.06 for a 42 month period. Each non-flow-through unit will comprise one common share and one transferable common share purchase warrant, each warrant being exercisable for the purchase of one additional common share, at a price of CAD 0.16 per share, for a 24 month period. Certain directors and officers of the company may participate in the private placement. Announcement • Jun 14
Decade Resources Ltd. announced that it expects to receive CAD 0.86 million in funding Decade Resources Ltd. announced a non-brokered private placement of 2,727,272 flow through shares at a price of CAD 0.22 per share and up to 2,000,000 non-flow through units at a price of CAD 0.13 per unit for gross proceeds of CAD 860,000 on June 13, 2022. Each Unit will consist of one common share and one-half share purchase warrant, with each whole share purchase warrant being exercisable for a period of two years at a price of CAD 0.20 per share. All securities issued pursuant to this financing are subject to a four month hold period from the date of issuance. The transaction is subject to approval of the TSX Venture Exchange. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 4 highly experienced directors. Independent Director Brian Morrison was the last director to join the board, commencing their role in 2012. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 20
Decade Resources Ltd. announced that it expects to receive CAD 0.5 million in funding Decade Resources Ltd. announced a best efforts non-brokered private placement of flow-through and non-flow-through shares to raise aggregate gross proceeds of up to CAD 500,000 on April 19, 2022. The flow-through offering will comprise up to 4,615,384 flow-through shares, at a price of CAD 0.065 per flow-through share, for gross proceeds of up to CAD 300,000. The offering of non-flow-through shares will comprise up to 4,00,000 shares, at a price of CAD 0.5 per share, for gross proceeds of up to CAD 200,000. Certain directors and officers of the company may participate in the private placement. Finder's fees may be payable in connection with the private placement. Announcement • Jan 19
Decade Resources Ltd Receives Remaining Assays for Last 8 Drill Holes from 2021 Program on Del Norte Property Decade Resources Ltd. announced that it has received the remaining assays for the last 8 drill holes from the 2021 program on the Del Norte property, located 34 km east of Stewart in BC's Golden Triangle. It was optioned from Teuton Resource Corp. in January of 2020 with terms allowing the Company to earn up to a 55% interest in the property by spending $4 million over a five year period. The Company can an earn an additional 20% interest by carrying the property to commercial production. The 2021 drilling tested the contact of felsic volcanic rocks of the Hazelton Group and sedimentary rocks of the Salmon River Formation. This is the same horizon that hosts the Eskay Creek mine 60km north of Stewart. Drilling was from drill platforms located on rock islands (nunataks) within the South Nelson Glacier. The 2021 drilling was successful in testing for extensions of 2020 gold-silver drill hole intersections on the Argo/LG zone. Highlights of drilling into the Argo zone include: 60.5 g/t Au and 660 g/t Ag over 3.6m in DDH-21-12; 11.72 g/t Au and 3074 g/t over 2.29m in DDH-21-15. The Del Norte property contains numerous mineralized zones. The two most important mineralization events are associated with quartz veins and breccias which are spatially restricted to felsic packages and the footwall contact of thrust zones as well as porphyry copper-gold. In the area of thrusting, quartz veins and breccia include the Argo/LG Vein/LG Extension Zone, Kosciuszko Zone/SP, Eagle's Nest, and New. The Argo/LG Vein/LG Extension Zone has been traced over 1.2 km while the New zone was observed over 100 m of strike in a high mountain pass between 2 ice fields. The Kosciuszko/SPzone has been traced over 1.2 km as well while the Eagle's Nest zone has been traced over 400m.These are marked by a distinct alteration halo, with a propylitic zone constituting the outer envelope of the mineralization. Galena, sphalerite, pyrite and minor chalcopyrite and tetrahedrite are common in these quartz veins. Analysis were performed by MSA Laboratories Ltd. in Abbotsford BC. Announcement • Aug 31
Decade Resources Reports Further Highly Encouraging Visual Results from the Recently Completed 12Th Hole on the Del Norte Property, Situated Within BC's "Golden Triangle", 34 Kilometres East of Stewart, BC Teuton Resources Corp. announced that its optionee, Decade Resources ("Decade"), has reported further highly encouraging visual results from the recently completed 12th hole on the Del Norte property, situated within BC's "Golden Triangle", 34 kilometres east of Stewart, BC. Highlights of the recent drill hole include: Native silver/acanthite observed as smeared zones in DDH-21-12. Visible gold associated with sphalerite (zinc sulphide), pyrite (iron sulphide), galena (lead sulphide) and tetrahedrite (copper-silver antimony sulphide). Heavy sphalerite, pyrite, galena and tetrahedrite observed over 10m of core intersection. 2021 drilling indicates a strike length of at least 250m and height of at least 120m for the latest high grade intersections. Mineralization is located within pyrite-rich, black mud lapilli tuffs with sub-intervals of dacite lapilli tuffs. Sulphides include pyrite, sphalerite, galena and tetrahedrite along with visible gold and silver in the 2021 drill holes. The Del Norte property was optioned from Teuton Resource Corp. in January of 2020 with terms allowing Decade to earn up to a 55% interest in the property by spending $4 million over a five year period. Decade can earn an additional 20% interest by carrying the property to commercial production. Announcement • Aug 27
Decade Resources Ltd. announced that it expects to receive CAD 0.6 million in funding Decade Resources Ltd. announced a private placement of flow through and non-flow through financing for gross proceeds of CAD 600,000 on August 26, 2021. The company will issue flow-through units at a price of CAD 0.07 per flow-through unit. Each flow-through unit will comprise one flow-through common share and one transferable non-flow-through common share purchase warrant, with each warrant being exercisable for the purchase of one additional common share, at a price of CAD 0.10 per share, for a two-year period. The non flow-through units will be issued at a price of CAD 0.05 per unit. Each unit will comprise one common share and one transferable common share purchase warrant, each warrant being exercisable for the purchase of one additional common share, at a price of CAD 0.08 per share, for a two-year period. Certain directors and officers of the company may participate in the transaction. Announcement • Aug 12
Decade Resources Ltd. announced that it has received CAD 0.5 million in funding from Teuton Resources Corp. Decade Resources Ltd. announced a private placement of 10,000,000 non-flow through units at a price of CAD 0.05 per unit for gross proceeds of CAD 500,000 on August 10, 2021. The transaction included participation from returning investor Teuton Resources Corp. Each unit will consist of one common share and one transferable common share purchase warrant, with each warrant being exercisable for the purchase of one additional common share, at a price of CAD 0.08 per share, for a two-year period. All securities issued are subject to a statutory four month hold period. No finder’s fees were paid in connection with the transaction. The transaction is subject to receipt of final approval of the TSX Venture Exchange. Announcement • Jun 15
Decade Resources Ltd. Starts the Drilling on the Dar Property in Terrace Decade Resources Ltd. announced the start of a 2021 exploration program on the 100 % owned Terrace properties, including drilling on the Dar property. The Company has a drill permit for the program. In 2018 to 2020, the Company has carried out surface work defining the Dar property mineralization and previous work. The Dardanelle dyke-vein system was discovered in the early 1900's and the original group of claims was recorded under the name of Dardanelle. In 1915, about 100 m of underground development was completed. In 1936, the underground work had been extended up to about 500 m and was followed by the installation of an air duct. Some surface trenching was also completed in 1948. One of the Dardanelle prospects is a 5-7 metre thick steep system of albite dykes and quartz veins along the dyke contacts, the system trending at about 75 degrees and hosted by granodiorite of the Coast Plutonic Complex. The mineralization includes pyrite, chalcopyrite, sphalerite, galena, argentite, bornite, covellite, malachite and native gold. The assays include some high grade gold (up to 52.6 g/t) and silver (up to over 640 g/t) and some substantial grades of lead, zinc and copper. There appears to be 2 parallel vein systems up to 20 m apart. Highlights of 2020 surface exploration indicated the following: Quartz-sulphide mineralization is present on either 1 or both sides a felsic intrusive dyke. The mineralization has been traced over 600 m and is open along strike and depth. Sampling returned 52.6 g/t Au from the farthest east sampling. Grab samples are solely designed to show the presence or absence of any mineralization and to characterize the metal tenor in this mineralization. Grab samples are by definition selective and not intended to provide nor should be construed as a representative indication of grade or mineralization at the Project. Announcement • May 22
Decade Resources Ltd. announced that it expects to receive CAD 0.8 million in funding Decade Resources Ltd. (TSXV:DEC) announced a non-brokered private placement of up to 5,714,286 flow-through units at CAD 0.07 per flow-through unit for gross proceeds of CAD 400,000 and 8,000,000 non flow-through units at a price of CAD 0.05 per non flow-through unit for gross proceeds of CAD 400,000; for aggregate gross proceeds of CAD 800,000 on September 14, 2020. Each flow-through unit will be comprised of one flow-through common share and one transferable non-flow-through common share purchase warrant, each warrant being exercisable for the purchase of one additional common share, at a price of CAD 0.10 per share, for a two-year period. Each non flow-through unit will be comprised of one common share and one transferable non-flow-through common share purchase warrant, each warrant being exercisable for the purchase of one additional common share, at a price of CAD 0.08 per share, for a two-year period. Certain directors and officers of the company may participate in the transaction. The company may pay finders' fees in the transaction. Announcement • May 21
Decade Resources Ltd. Starts Exploration on Claims Near Mt Milligan and the Copper-Silver Treasure Mountain Property in Terrace Decade Resources Ltd. announced that with the recent price increases in copper and precious metals, the company is conducting exploration on a recently staked claim area near Mt Milligan. Mineralized outcrops with chalcopyrite have been identified on the property. The company is developing a program to explore the Treasure Mountain property as well. Plans in early 2021 are to first sample reported copper stained outcrops along newly developed logging roads within the claim boundaries. The property lies approximately 35 kilometers east of Terrace, British Columbia within the Skeena Mining Division. The Treasure Mountain property consists of 26 mineral claims totaling 9,950.6 hectares owned 100 % by Decade. The property was purchased from Detour Mines in 2017. The company has a drill permit for the property as well as construction of 12 km of trail. High copper and silver values are associated with a very thick, crudely bedded, predominantly andesite lapilli tuff to tuff breccia and volcanic breccia. Rocks of this unit which are of Jurassic Telkwa/Hazelton formation age, occur predominantly in the western to northwestern part of the Treasure Mountain property. Chalcocite, bornite and minor chalcopyrite and pyrite occur as disseminations and veinlets along several beds within the pyroclastic rocks. The favorable horizon has been traced over at least 10 km of strike length. The property contains numerous copper-silver showings of which the Purdex and Danee zones, 6km apart along the horizon are the most prominent. Shear zones cutting the horizon are generally highly mineralized with copper-silver and occasionally gold values. Announcement • May 11
Decade Resources Ltd Receives Most of the Assays and Check Assays for A Further 20 Drill Holes from the 2020 Program on the Del Norte Property Decade Resources Ltd. announced that it has received most of the assays and check assays for a further 20 drill holes from the 2020 program on the Del Norte property, located 34 km east of Stewart in BC’s 'Golden Triangle'. It was optioned from Teuton Resource Corp. in January of 2020 with terms allowing the Company to earn up to a 55% interest in the property by spending $4 million over a five year period. The Company can an earn an additional 20% interest by carrying the property to commercial production. This portion of the 2020 drill program was designed to test a number of targets generated by a comprehensive review of past work on the property and augmented by prospecting discoveries made early in the field season (such as the Eagle’s Nest). The greatest success came in the realization that the Argo zone is a separate mineral system carrying appreciable gold-silver values with robust widths up to 30-50m. It does not appear to outcrop within the project area. The deformation corridor, is 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 1 cm to 10 cm across. Mineralized zones host sulphides including pyrite, sphalerite,
galena and tetrahedrite mineralization along with sections mineralized by fine acicular arsenopyrite. It is near the volcanic – sediment contact in rocks analogous to those hosting the Eskay Creek mineralization. The 2020 drilling was also designed to establish the relationship of the LG vein to the Kosciuszko zone and to test any new mineralization such as the Eagle’s Nest that was found during the program. Drilling in 2020 took place from 5 different rock islands (nunataks) located in the South Nelson glacier area. Drilling was west of the LG vein area which received testing in 2003-2006 drill programs. DDH DN20-3 to 9 was from Pad #2 and DDH DN20-10 to 15 was from Pad #3. The area tested was roughly 600m N-S and 400m E-W. Announcement • Feb 19
Decade Resources Ltd. Receives Check Assays for the First 2 Drill Holes on the Del Norte Property Decade Resources Ltd. announces that it has received check assays for the first 2 drill holes on the Del Norte property. Results were first announced in a February 11 2021 press release based on ICP results. Results for silver from the re-check fire assaying show appreciable enhancement of values versus the initial ICP results. Based on the enhanced silver results, the Company is re-issuing the results from the intersections. For DDH DN20-01 check assays indicate an increase from 386 g/t Ag eq to 1078 g/t Ag eq in the Kosciuszko zone. Results of check assays for DDH DN20-02 confirm the initial results. Announcement • Feb 12
Decade Resources Ltd Receives Assays for the First 2 Drill Holes on the Del Norte Property Decade Resources Ltd. announced that it has received assays for the first 2 drill holes on the Del Norte property. It was optioned from Teuton Resource Corp. in January of 2020 with terms allowing the Company to earn up to a 55% interest in the property by spending $4 million over a five year period. The Company can earn an additional 20% interest by carrying the property to commercial production. The Lord Nelson Tenures are adjacent to the north end of the Del Norte property and the Company can earn up to a 55% interest in the property by spending $2 million over a five year period. The Company can an earn an additional 20% interest by carrying the property to commercial production. The properties lie within BC's "Golden Triangle" located 34 kilometres east of Stewart, BC. The 2020 program indicated that silver rich mineralized zones are in rocks analogous to those hosting the Eskay Creek deposit. These rocks are at the contact with black mudstones of the Salmon River formation with mineralization in sheared felsic black mud lapilli tuffs analogous to the Mt Dilworth Formation. At the start of the program, 2 zones were indicated; namely the LG vein and Kosciuszko zone. The 2020 work indicated that beside the LG vein, there are 4 other strong mineralized zones including the Kosciuszko zone. Two holes were drilled off a pad in order to test the Kosciuszko zone north of and below 2002 drilling. Previous to this years drilling high light results for this zone included: A chip sample across a discovery zone in 2002 returned 6.07 g/t gold and 623.7 g/t silver across a width of 10.0 metres. Three holes drilled from a single station located 12 m south of the chip sample intersected true widths of mineralization varying from 8.5 to 10 metres and carrying gold values ranging from 3.53 to 7.56 g/t gold and silver values ranging from 176.95 to 274.24 g/t. Several hundred metres north of the above, drilling on the same or sub-parallel structure returned 6.47 g/t gold and 346.02 g/t silver over 15.54 m. Other holes in this area intersected 8.6 m of 3.02 g/t gold and 270.5 g/t silver over 8.74 m. A drill hole several hundred metres south of the initial trench discovery in 2002 intersected 1208 g/t silver and 26.54 g/t gold over 4.05 m on the same or sub-parallel structure. The zone tested was 50 m north and 50 m below the 2002 intersections. In addition, sampling indicated the zone was at least 500 m in strike length. Chip line sampling on the SP zone, a south extension of the Kosciuszko zone gave 3.8m of 5.74 g/t Au and 405 g/t (818 Ag g/t eq) as well as 2m of 1.13 g/t au and 212 g/t Ag (293 g/t Ag eq). A float sample immediately west of this trenching gave 49.7 g/t Au, 2200 g/t Ag, 0.165% Cu, 0.852 % Pb and 0.047 % Zn % indicating parallel mineralized zones. In total 20 other holes were completed exploring for silver bearing mineralization in the newly identified Argo and Eagle's Nest zones. Announcement • Feb 02
Decade Resources Ltd. Announces the Receipt of All Surface Sample Assays for the 2020 Exploration on the Del Norte Property Decade Resources Ltd. ("Decade" or the Company) announced the receipt of all surface sample assays for the 2020 exploration on the Del Norte property optioned from Teuton Resources Corp, 34 km east of Stewart in BC's "Golden Triangle". These results have now been plotted and the Company is reporting the significance of this sampling. The Company is still awaiting the final assays for core from the summer's drilling. In the area of thrusting, quartz veins and breccia include the LG Vein/LG Extension Zone, Kosciuszko Zone/SP, Eagle's Nest, Argo, and New. The LG Vein/LG Extension Zone have been traced over 1.2 km while the New zone was observed over 100 m of strike in a high mountain pass between 2 ice fields. The Argo zone has only been observed in drill holes. These are marked by a distinct alteration halo, with a propylitic zone constituting the outer envelope of the mineralization. Galena, sphalerite, pyrite and minor chalcopyrite and tetrahedrite are common in these quartz veins. Announcement • Nov 20
Decade Resources Ltd Announces an Update on Exploration on the Del Norte Property Optioned Decade Resources Ltd. announced an update on exploration on the Del Norte property optioned from Teuton Resources Corp, 34 km east of Stewart in BC's "Golden Triangle": Highlights of the latest exploration indicates the following: Over 400 surface chip, saw cut and grab samples obtained in the 2020 program. Exploration identified 3 separate zones of silver-gold mineralization, called the Eagle's Nest, Argo and New zones parallel to the previously discovered K-zone. Exploration identified a zone of copper-gold on the northern Del Norte boundary. Drilling has intersected a second mineralized zone located west of and at depth to the Argo zone. High lights of the 2020 Del Norte drilling include: Drilling 5975 m of NQ core in 31 drill holes. Drilling 2 holes on the K-zone. Drilling 13 holes on the Argo zone. Drilling 7 holes on the Eagle's Nest zone. Drilling 9 holes on the "14" oz zone. All core has been logged and shipped to the lab. The samples will be analyzed using 30 element ICP and standard fire assay procedures with atomic absorption (AA) finish on samples yielding a grade higher than ten g/t Au. Standard reference materials and blank samples were inserted prior to shipment for quality assurance and quality control (QA/QC) program. Results will be released as the company receives them. The company is having delays obtaining assay results as a result of COVID protocols, as are many of the Exploration companies. Announcement • Oct 10
Decade Resources Ltd. Announces an Update on Exploration on the Del Norte and Lord Nelson Properties Optioned from Teuton Resources Corp Decade Resources Ltd. announces an update on exploration on the Del Norte and Lord Nelson properties optioned from Teuton Resources Corp, 34 km east of Stewart in BC's "Golden Triangle": The Company has completed over 6000 m of drilling in 23 holes to date testing three targets: the "Argo" zone (a 115 m wide north-south zone of deformation), the newly discovered Eagle's Nest zone and the newly discovered "14 oz" zone, the latter in the boundary area between the Del Norte and Lord Nelson properties. The drilling on the Argo and Eagle's Nest zones has indicated that mineralization is hosted by black mud lapilli tuffs that appear to have repeat sections due to thrusting and faulting. Mineralized zones host various sulphides including pyrite, sphalerite, galena and tetrahedrite along with sections mineralized by fine acicular arsenopyrite. Intersections in the Argo zone have been up to 30 m long within some of the drill holes. Drilling in 2020 has outlined the Argo zone over at least 500 m of strike length, open to depth and along strike. Logging and diamond sawing of the core continues with 2 separate core cutting stations. Assays are awaited. Exploration work is being conducted from Stewart in order to avoid a camp situation that may lead to health concerns due to the COVID-19 virus. The Company uses a Stewart
based helicopter for support. A pad building crew, diamond drill crew and support staff mobilize on a daily basis from a staging area near the project. The geological crew is one that the Company has relied on for a number of years and which has intimate knowledge of the property. All drill cores in this program are NQ in size. The core is brought into Stewart on a daily basis where it is logged for cutting on a diamond saw. Assays are to be completed on sawn half cores, with the second half kept for future reference. The samples will be analyzed using 30 element ICP and standard fire assay procedures with atomic absorption (AA) finish on samples yielding a grade higher than ten g/t Au. Standard reference materials and blank samples were inserted prior to shipment for quality assurance and quality control (QA/QC) program. Announcement • Oct 04
Decade Resources Ltd. Announces an Update on Exploration on the 2 Properties Optioned from Teuton Resources Corp Decade Resources Ltd. announced an update on exploration on the 2 properties optioned from Teuton Resources Corp. within BC's "Golden Triangle" located 34 kilometres east of Stewart, BC. The work to date on the Lord Nelson property include: Exploration on the Lord Nelson tenures indicate gold-copper bearing stringers in a stockwork zone that is at least 120m to 200m wide. Work to date indicates that the zone appears to be at least 1.2 km long. Gold values ranging from 0.7 g/t to 475 g/t and copper values ranging from 1.4 to 11.9% in grab samples were obtained. The newly defined zone is along the Lord Nelson/Del Norte property boundary. To date, the Company has not received any assays for core samples sent to the laboratory. The company has completed over 4,500 m of drilling in 19 holes to date testing both the"Argo" zone - a 115 m wide north-south zone of deformation and the newly discovered Eagle's Nest zone. The drilling has indicated that mineralization is hosted by black mud lapilli tuffs that appear to have repeat sections due to thrusting and faulting. Mineralized zones host sulphides including pyrite, sphalerite, galena and tetrahedrite mineralization along with sections mineralized by fine acicular arsenopyrite. With the prospect of colder weather, drilling is being conducted at lower elevations in order to further define the silver-gold system on the property. Exploration work is being conducted from Stewart in order to avoid a camp situation that may lead to health concerns due to the COVID-19 virus. The Company uses a Stewart based helicopter for support. A pad building crew, diamond drill crew and support staff mobilize on a daily basis from a staging area near the project. The geological crew is one that the Company has relied on for a number of years and which has intimate knowledge of the property. All drill cores in this program are NQ in size. The core is brought into Stewart on a daily basis where it is logged for cutting on a diamond saw. Assays are to be completed on sawn half cores, with the second half kept for future reference. The samples will be analyzed using 30 element ICP and standard fire assay procedures with atomic absorption (AA) finish on samples yielding a grade higher than ten g/t Au. Announcement • Sep 08
Decade Resources Ltd. Auditor Raises 'Going Concern' Doubt Decade Resources Ltd. filed its Annual on Aug 28, 2020 for the period ending Apr 30, 2020. In this report its auditor, Manning Elliott, gave an unqualified opinion expressing doubt that the company can continue as a going concern.