Decade Resources samples 1,662 g/t Au in Bonaparte

Executive Summary

• Decade Resources Ltd. reported high-grade gold and copper assay results from grab sampling on its Bonaparte property in the Kamloops Mining Division, B.C.
• The highest grab sample returned 1,662 g/t Au and 0.88% Cu, with other significant intercepts including 175.37 g/t Au and 15.02 g/t Au with 5.902% Cu.
• The company also staked an additional 1,180 hectares to cover areas with historic anomalous gold silt sampling and potential quartz diorite host rock.

Key Details

• Sample Highlights (Grab Sampling):
  • 1,662 g/t Au and 0.88% Cu
  • 175.37 g/t Au and 2.267% Cu
  • 82.3 g/t Au and 1.548% Cu
  • 15.02 g/t Au and 5.902% Cu
• Sampling Methodology:
  • Total of 34 samples collected, including quartz-sulphide vein material, quartz diorite wall rocks, hornfelsed argillite, unmarked 2018 drill core, decline muck, and quartz stringers.
  • Samples analyzed at MSA Labs (Terrace and Langley, B.C.) using fire assay with atomic absorption (AA) spectrometry finish; samples >25 ppm Au used gravimetric finish.
  • High bismuth and tellurium values suggest a potential for a RIRGS (Refractory Intrusion-Related Gold System) environment.
• Historic Context & Reference Data:
  • 1994 Bulk Sample: 3,700 metric tons from surface trenching to 12.2m depth yielded 3,160 ounces of gold at an average grade of 25.4 g/t Au.
  • 2010 Bulk Sample: 364-ton sample from the Crow vein assayed 16.3 g/t Au, yielding 161.95 troy ounces of gold.
  • Drill Hole 15-05: Located ~500m east of the mined area, returned 7.88 g/t Au, 38.4 g/t Ag, and 0.33% Cu over 1.0m core width.
  • 1988 Soil Geochemistry: Reported up to 3,270 ppb Au in soil and a rock grab sample of 73.03 g/t Au (Note: Company QP has not verified these historic results).
• Property Details:
  • Located ~50 km north of Kamloops, B.C.
  • Discovery zone covers 300m E-W by 350m N-S, with at least nine gold-bearing quartz veins identified.
  • Target areas include Cu/Au/Mo porphyry potential, bulk-tonnage RIRGS targets, and high-grade gold-copper veins.
• Claim Acquisition:
  • Staked an additional 1,180 hectares east of the Discovery area, targeting historic silt sampling anomalies (1,230 ppb Au) and potential quartz diorite host rock.

Notable Quotes

• "The Bonaparte gold project is an exciting addition to the company portfolio of properties with geological merit. The presence of at least nine gold-bearing quartz veins in an area measuring 300 m by 350 m in size 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