Decade Resources plans drilling at Bonaparte

Executive Summary

• Decade Resources Ltd. announced plans for a new drill program on its Bonaparte copper-gold property in the Kamloops Mining Division, British Columbia.
• The drilling is contingent on obtaining necessary permits and favorable weather conditions.
• The program aims to test three distinct target areas: Cu/Au/Mo porphyry potential, a bulk-tonnage RIRGS target, and a high-grade gold-copper low-sulphidation epithermal vein system.

Key Details

• Drilling Plan: The company plans a minimum of 3,000 meters of drilling, consisting of five holes, each 500 meters in length.
• Primary Target: The first drill hole will test the anomaly beneath the previously mined zone, testing to depth and a wider area for gold-bearing veins.
• Target Areas:
  • Cu/Au/Mo (copper/gold/molybdenum) porphyry potential.
  • Bulk-tonnage RIRGS target with high-grade gold results from historic drilling, trenching, and underground exploration.
  • High-grade gold-copper low-sulphidation epithermal veins system.
• Historical Context & Data:
  • 1994 Bulk Sample: A 3,700-metric-ton sample from surface trenching to 12.2 meters depth yielded 3,160 ounces of gold at an average grade of 25.4 g/t Au.
  • 2010 Bulk Sample: A 364-ton sample from the Crow vein assayed 16.3 g/t Au, yielding 161.95 troy ounces of gold.
  • Geochemistry: Gold-in-soil results show up to 3,270 ppb Au. Prospecting uncovered a quartz vein float sample assaying 73.03 g/t Au, extending the exploration area south.
  • Geophysics: Historical IP surveys (2013-2014) identified resistive and high-chargeability anomalies starting at approximately 300 meters depth and extending beyond 500 meters, suggesting silicification, quartz veining, or potassic alteration consistent with an upper-level buried porphyry system.
• Location: The Bonaparte property is located approximately 50 km north of Kamloops, B.C., within the Kamloops mining division.

Notable Quotes

• "The Bonaparte gold project is an exciting property located in an area well accessed by a network of logging roads. The presence of gold-bearing low-sulphidation epithermal quartz veins open to extension along strike and to depth where multiounce gold assays have been intersected in historic drilling presents a large exploration target." — Ed Kruchkowski, President of Decade Resources.
• "We are also delighted to have what appears to be an entire epithermal vein system and porphyry system completely intact at Bonaparte, and look forward to drilling both targets." — Ed Kruchkowski, President of Decade Resources.