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Exploration up Date on Bow and Red Cliff Property

June 23, 2016
Stewart, BC — Decade Resources Ltd. (“Decade”) is providing an update on exploration on the Red Cliff and Bow property in the prolific “Golden Triangle” area of northwestern British Columbia.

Sampling returns 201 g/t Au over 2 m on the Big M Zone Located on the Bow Property

BOW PROPERTY

The Company reports that it has received analytical results from surface testing along 20 m of the Big M zone located on the Bow Property. Chip sampling was conducted at the north end on an area of vein exposed by melting snow. The zone is over 3 m wide with 2 meters of quartz/molybdenite/sparse arsenopyrite and 1 m of highly sericite altered rocks with stringers of massive arsenopyrite. In the quartz material, assays gave 0.21% and 0.37% molybdenum in association with high gold assays.

Assays on this sampling are as follows:

 

SAMPLE NUMBER SAMPLE TYPE GOLD g/t
5244 1 m chip 342.39
5243 1 m chip 60.62
5246 grab 315.35
5248 grab 18.52

Samples 5246 and 5248 were grab samples from massive arsenopyrite stringers. Grab sampling of poorly exposed massive arsenopyrite 20 m south of the above rock face yielded gave up to 109.57 g/t Au along stringers up to 0.15 m wide within a zone that appeared to be 2 m in width overall.

The following photo shows the vein and north area of sampling and assays.

 

RED CLIFF PROPERTY

On the Red Cliff project, the Company and Mountain Boy Minerals are in joint venture on the Crown Granted portion of the property which is owned 65% by Decade and 35% by Mountain Boy. The Silver Crown 6 claim in which Decade is earning a 100 % interest is adjacent to the north portion of the crown grants. Decade’s interest in the Silver Crown 6 claim is being earned from Teuton Resources Corp. and Silver Grail Resources Ltd., subject to a 2 percent NSR. To the north of the Silver Crown 6 claim, Mountain Boy owns a 100 % interest in the MB property. The Red Cliff Extension claim owned 100 % by Decade is along the east side of the Silver Crown 6 claim.

The Company plans to explore the area of the Waterpump zone once all necessary permits are received. The Waterpump zone is the faulted off south extension of the Montrose zone that has been drilled in programs from 2007 to 2013. A NI 43-101 compliant report on the above drilling is filed onWWW.Sedar.com. Surface sampling along the exposed Waterpump zone face within the Lydden Creek canyon gave 40.68 g/t Au over 3.05 m in the early 1900’s. Sampling along the cliff face 30 m above the canyon floor in 1987 yielded 12 g/t Au over 8.5 m. Historical data also shows that a drill hole completed in 1988 tested the Waterpump zone yielding a wide intersection averaging 3 g/t Au over 14 m. Within this section several higher grade sections gave 30.17 g/t Au over 0.7m and 13.89 g/t Au over 1.0 m. The drill result was from an intersection 100 m south of and 150 m below the exposed mineralization in the canyon. The reader is cautioned that the above results are historic and have not been confirmed by the Company. These are being used for reference purposes and should not be relied upon. A map showing the area of the Waterpump zone is included in this release.

 

Sampling by the Company on the zones indicates three separate gold mineralizing events. These include high copper-anomalous gold, high gold values with copper and high gold with zinc and minor lead. In the area of the Red Cliff adits, both high copper-anomalous gold and high gold with copper mineralization is present. Sampling of adit material indicated copper values up to 4.62 % with 0.6 g/t gold. Sampling of float rock at the base of a cliff face obtained values up to 2 g/t gold with 1.55 % copper indicating 100 m extension to the mineralization in the adits.

The Company is also conducting further geochemical sampling to follow up on results obtained earlier in the field season.

All samples are assayed by Loring laboratories of Calgary, Alberta. It is an ISO9001 certified laboratory.

Ed. Kruchkowski, P. Geo., a qualified person under National Instrument 43-101, is in charge of the exploration programs on behalf of the Company and is responsible for collecting of the samples reported on as well as the contents of this release. E. Kruchkowski is not independent of Decade as he is the president of the Company.

Decade Resources Ltd. is a Canadian based mineral exploration company actively seeking opportunities in the resource sector. Decade holds numerous properties at various stages of development and exploration from basic grass roots to advanced ones. Its properties and projects are all located in the “Golden Triangle” area of Northern British Columbia. For a complete listing of the Company assets and developments, visit the Company website atwww.decaderesources.cawhich is presently being up dated. For investor information please e-maildecadeinvestorrelations@outlook.comor phone at 250-636-2264

ON BEHALF OF THE BOARD OF DECADE RESOURCES LTD.

“Ed Kruchkowski”
Ed Kruchkowski, President

“Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.”

“This news release may contain forward–looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.”

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