Decade Resources begins exploration at North Mitchell

Mr. Ed Kruchkowski reports DECADE STARTS EXPLORATION ON THE NORTH MITCHELL PROPERTY Decade Resources Ltd. has started exploration on the North Mitchell property, located 70 kilometres (km) north of Stewart, B.C. The North Mitchell property is situated amongst several of the world's most significant Cu-Au (copper-gold) deposits within the Golden Triangle of northwestern British Columbia. The property consists of 963.45 hectares (ha) (9.63 square km) surrounded by Cu-Au deposits on three sides. The combined number of ounces of reported gold within eight deposits situated in three directions around the North Mitchell property (measured, indicated plus inferred) is estimated at 201.67 million ounces (oz) plus or minus as follows: KSM's Iron Cap deposit is located within two km, with a combined resource of 36.1 million oz gold (Au). KSM's Snowfield deposit is located within 2.9 km, with a combined resource 34.9 million oz Au. KSM's Kerr, Sulphurets and Mitchell deposits total a combined 88.3 million oz Au, located 8.8 km, 5.5 km and 3.6 km from North Mitchel, respectively. Tudor Gold's Treaty Creek deposit is within five km, with a combined 27.87 million oz Au. Newmont's Brucejack and Valley of Kings deposits are within 6.4 km, with a combined 14.5 million-plus oz Au (one of the highest-grade gold mines in the world). These estimates do not include the hundreds of millions of reported ounces of silver and billions of pounds of copper included within these deposits. Disclaimer: The above information has been obtained from available public sources and is being used for reference purposes only. There is no guarantee that the North Mitchell property hosts any mineralization similar to the above deposits. Decade has the right to earn a 70-per-cent undivided interest in the property by making payments to the optionor, as detailed in the attached table. Upon the completion of all the share payments, Decade and the optionor will enter into an agreement granting a 1 -per-cent net smelter return (NSR) royalty in favour of the optionor. Half of the optionor's interest in the new NSR (being a 0.5-per-cent net smelter return royalty) may be purchased by Decade upon payment of $3-million within 12 months before the date any commercial production commences on the property. Shares issued pursuant to this agreement will be subject to a four-month-and-one-day resale restriction from the date of issuance of the applicable optionee shares pursuant to National Instrument 45-102, Resale of Securities. Decade has the right to purchase the 30-per-cent interest from the optionor at a price equal two-thirds of the value of the 30-per-cent interest based upon a 5-per-cent-discounted net present value report based upon proven and probable ore reserves as defined by a feasibility report. Of particular interest is Tudor drill hole PS-23-10, drilled toward the property. This is the description of the drill-hole copied from an Oct. 31, 2023, news release: "PS-23-10: drilled at a relatively shallow dip to the south to explore for extension of the mineralized zone encountered in drill hole PS-23-07. This hole intersected 102.15 m of 1.28 g/t AuEq (1.23 g/t Au, 3.43 g/t Ag [and] 0.01 per cent Cu), including two enriched zones comprising 42.5 m of 1.87 g/t AuEq (1.80 g/t Au, 5.76 g/t Ag [and] 0.02 per cent Cu) and 25.5 m of 1.60 g/t AuEq (1.58 g/t Au, 1.81 g/t Ag [and] 0.01 per cent Cu). [Farther] downhole, a high-grade vein zone was intersected and returned 1.5 m of 24.70 g/t gold. These results are the highest gold grades seen at PSZ to date and they are located between the Goldstorm deposit, three km to the northeast, and Seabridge Gold's Iron-Cap deposit, 2.5 km to the southwest." The initial program will consist of talus fines sampling, mapping and geochemical sampling. Ed Kruchkowski, PGeo, a qualified person under National Instrument 43-101, is in charge of the exploration programs on behalf of the company, and is responsible for and approves the contents of this news release. Mr. Kruchkowski is not independent of Decade as he is the president of the company. About Decade Resources Ltd. Decade is a Canadian-based mineral exploration company actively seeking opportunities in the resource sector. Decade holds numerous properties at various stages of development and exploration from basic grass roots to advanced ones. Its properties and projects are all located in the Golden Triangle area of Northern British Columbia. We seek Safe Harbor.