Northwire Canada EditionThursday, August 6, 2026
Northwire
FMN 0.265 +0.0% OMM 0.050 +0.0% DYG 0.130 +0.0% GTC 0.710 +0.0% DLTA 0.180 +0.0% GOFL 0.025 +0.0% NVX 0.200 +0.0% TRCG 0.190 +0.0% LGO 0.990 +0.0% FL 0.430 +0.0% EAU 0.080 +0.0% LBNK 0.490 +0.0% DEC 0.070 +0.0% ABI 0.070 +0.0% ALTN 0.090 +0.0% NOVA 0.170 +0.0% FMN 0.265 +0.0% OMM 0.050 +0.0% DYG 0.130 +0.0% GTC 0.710 +0.0% DLTA 0.180 +0.0% GOFL 0.025 +0.0% NVX 0.200 +0.0% TRCG 0.190 +0.0% LGO 0.990 +0.0% FL 0.430 +0.0% EAU 0.080 +0.0% LBNK 0.490 +0.0% DEC 0.070 +0.0% ABI 0.070 +0.0% ALTN 0.090 +0.0% NOVA 0.170 +0.0%
Drill Results Routine +

Decade Mobilizes Drill for Phase I Drilling at the Bonaparte Property

Decade’s Bonaparte drill mobilization confirms progress but lacks a catalyst to reverse the stock’s downtrend.

Executive Summary

Decade Resources Ltd. has mobilized a drill rig to its Bonaparte copper-gold property in British Columbia to commence Phase I drilling. The program targets a minimum of 3,000 meters across 5-6 holes. The first two holes will specifically test a buried porphyry system and the connectivity between the Discovery Area and the Cooler Creek corridor.

This follows the receipt of a drill permit in late July 2026 and completes the preparatory steps, including pad construction, archaeological compliance, and fire suppression contracts, outlined in prior releases. Management highlights historic high-grade gold production, noting a 1994 bulk sample averaging 25.4 g/t Au, alongside recent soil sampling that supports the porphyry/RIRGS (Reduced Intrusion-Related Gold System) model.

Material Impact

Decade Resources Ltd. (DEC) has mobilized a drill rig, marking an expected, incremental step in the company's announced 2026 exploration mandate. This development does not constitute a discovery, a change in project economics, or a new financing. While the news confirms management's execution capability, it provides no new fundamental data to alter the valuation or risk profile of the company.

DEC · Price
Company Overview

Decade Resources Ltd. is a mineral exploration company focused on British Columbia, with assets located in the Golden Triangle, Terrace, and Kamloops Mining Divisions. Its flagship Bonaparte Copper-Gold Property comprises approximately 2,970 hectares and sits on a proven porphyry trend featuring historic high-grade gold production and geophysical anomalies that suggest a buried porphyry system.

The company’s portfolio also includes the North Mitchell, Nobody Knows, Del Norte, Red Cliff, and Lord Nelson projects. The Del Norte project is held under a 55% earned interest, while all other projects are in early exploration or sampling stages. Management is led by President Ed Kruchkowski, P.Geo., who also serves as the Qualified Person under NI 43-101.

Read the original news release →

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