Decade Resources Ltd. is a Canadian based mineral exploration company, currently listed on the TSX Venture Exchange (TSX-V) under the symbol "DEC". Decade Resources Ltd. is in the exploration stage and is engaged in the acquisition and exploration of mineral properties in the "Golden Triangle" area of British Columbia.
Golden Triangle of British Columbia, which is among the world's most prolific mineralized districts, host to past and current mining operations, including Scottie Gold, Porter-Idaho, Johnny Mountain, Red Mountain, Snip mine, Premier mine, Golden Bear and Valley of the Kings. The Golden Triangle has reported mineral resources (past production and current resources) in total of 67 million ounces of gold, 569 million ounces of silver and 27 billion pounds of copper.
The Company holds an extensive portfolio of exploration projects including: 65% interest in the Red Cliff property, which hosts the Upper Montrose, Lower Montrose, and the Red Cliff Copper/Gold Zones near the town of Stewart, BC; an option to earn a 100% interest in the Silver Crown 6 claim, adjoining the Red Cliff property to the north; 100% interest in claims located over the former Goat Mine, a small producer in the 1970s, approximately 35 kilometres northeast of Stewart and 5 kilometres north of the Stewart highway (37A) along the BA massive VMS horizon; an option to earn a 80% interest in the Bow claim adjoining the former producing Scottie Gold mine. The Company also has a 100 % interest in the Grassy and Premier East properties adjoining the former producing Premier mine being explored by Ascot Resources Ltd. The company owns a 100 % interest in the Del Norte East and Del Norte South properties adjacent to a new porphyry copper-gold discovery.
Company News Updates
News Release – Jun 21, 2018 – Stewart, BC – Decade Resources Ltd (“Decade”) reports that the 2018 drill program is testing the Waterpump zone (faulted extension of the Montrose zone) on the Red Cliff property located in the “Golden Triangle” area of British Columbia.
Decade Further Updates Terms of Non-Brokered Private Placement of Flow-Through and Non-Flow-Through Units
News Release – May 22 – Stewart, BC – Decade Resources Ltd. (the “Company”) has provided an additional update to the terms of the financing it announced on May 7, 2018 and May 15, 2018. The Company is now using its best efforts to raise an aggregate of up to $1,410,000.
News Release – May 7, 2018 – Stewart, BC – Decade Resources Ltd. (the “Company”) is pleased to announce it is using its best efforts to complete a non-brokered private placement of flow-through and non-flow-through units to raise aggregate gross proceeds of up to $600,000.