Decade Resources Reports up to 116.9 g/t Gold in Grab Sampling at the North Mitchell Property, Golden Triangle, BC

The most recent news release from December 4, 2025, reports assay results from a 2025 reconnaissance program conducted at Decade Resources Ltd.'s North Mitchell Property, located in the Golden Triangle, British Columbia. The program involved grab sampling, which yielded high-grade results including up to 116.9 g/t gold, 67.5 g/t silver, 2.75% copper, 0.45% lead, and 1.48% zinc.

The company states that the reconnaissance program was "highly successful" in identifying a prospective target area. Based on these positive results, Decade Resources plans to expand its 2026 field program at North Mitchell. The expanded program will include saw-cuts across quartz-sulphide zones to determine width, short Shaw drill holes to check gold-silver tenor, and diamond drilling upon receipt of the necessary permits. President Ed Kruchkowski highlighted the potential of the property given its location amidst numerous surrounding mineral deposits. The release includes standard disclaimers that sampling results are selective and may not represent the true grade or extent of mineralization.

This news is a positive, but routine, development for Decade Resources. It confirms the presence of high-grade gold, silver, copper, lead, and zinc mineralization on the North Mitchell property through grab samples. This is consistent with earlier reports from October 14, 2025, which also highlighted high gold and silver from initial surface sampling on the property. The subsequent news on September 18, 2025, had already indicated an expanded exploration program due to positive reconnaissance results, so the current announcement of a planned 2026 program is an expected progression.

While the assay grades are impressive, grab samples are inherently selective and do not provide sufficient information to determine the continuity, width, or overall economic viability of mineralization. The company's repeated use of disclaimers regarding the selective nature of samples and the comparison to adjacent world-class deposits (without implying similar mineralization on its own property) reinforces the early-stage, high-risk nature of these findings.

The announcement of an expanded 2026 program, including saw-cut channels and initial drilling, is a crucial next step. It shows progress in systematically evaluating the property and moving towards a more robust assessment of the mineralization. However, until actual drill results from a systematic program are available, the material impact on the company's valuation or future prospects remains limited. The stock's performance leading up to this news, trading consistently at low levels even after previous positive exploration updates, suggests the market is waiting for more concrete evidence of a significant and continuous deposit.

The company continues to pursue multiple early-stage projects. While the high-grade samples are encouraging, they fit within the ongoing exploration narrative without fundamentally altering the company's risk profile or moving it significantly closer to resource definition or production.

Decade Resources Ltd. (DEC) is a Canadian mineral exploration company primarily focused on properties within British Columbia, particularly in the highly prospective Golden Triangle region and the Kamloops Mining Division. The company's strategy involves the acquisition and exploration of early-stage mineral properties with the aim of discovering economic deposits.

Key Projects and Development:

• North Mitchell Property (Golden Triangle, BC): This property is positioned as a key asset, surrounded by several world-class deposits like KSM, Treaty Creek, and Brucejack. Decade acquired an option to earn a 70% interest in March 2025 (TSX-V approval in April 2025) by making cash payments and issuing shares. Initial reconnaissance and grab sampling programs in late 2025 have reported high-grade gold, silver, and base metal assays, leading to plans for an expanded 2026 program including saw-cut channels and diamond drilling. The company views it as having potential for both porphyry copper-gold and epithermal gold mineralization. A 1% Net Smelter Return (NSR) royalty is payable to the optionor, with Decade having an option to buy back half (0.5% NSR) for $3 million.
• Nobody Knows Claim (Copper River Project, Terrace Area, BC): Decade holds a 100% interest in this extensive claim block (>24,000 hectares). Exploration has identified two distinct styles of mineralization: a "red bed type" copper-silver zone (without significant gold) where 2024 drilling returned intercepts of over 1% copper and good silver grades, and a gold-rich sulphide boulder area (interpreted as a potential VMS zone) with very high-grade gold, silver, copper, lead, and zinc, associated with arsenopyrite, bismuth, and cobalt. Future plans include an airborne survey and further investigation of the gold-rich boulder source.
• Bonaparte Copper-Gold Property (Kamloops Mining Division, BC): Acquired via an option agreement in October 2025, allowing Decade to earn an 80% interest by issuing shares over four years. This property is described as an undrilled copper-gold prospect on a proven porphyry trend. Initial grab samples from October 2025 yielded extremely high gold values (up to 1662.2 g/t) and copper. The company is planning a maiden drill program and has applied for permits. A 2% NSR royalty is payable, with Decade holding a buy-back option for 1% for $3 million.
• SB Antimony Claim (Golden Triangle, BC): Staked in February 2025 (1,742 hectares), this property holds historical significance as it was discovered by Decade's president in 2004. Reacquired due to rising interest in antimony as a critical mineral, it features a major shear structure with high-grade antimony (stibnite), arsenopyrite, pyrite, and silver from 2004 samples.
• Red Cliff and Premier East Properties: In August 2025, the company announced an agreement to sell 65% of its interest in Red Cliff and 100% of Premier East to Mabel Ventures Inc. for $600,000 in non-dilutive funding. However, this agreement was terminated in September 2025 due to permitting issues related to the Red Cliff property. Decade retains a 65% royalty on certain claims on Red Cliff.