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Decade Aqcuires Property in Golden Triangle Surrounded by Reported Resources of 200 Million Gold Equivalent Ounces
Stewart, British Columbia--(Newsfile Corp. - March 27, 2025) - Decade Resources Ltd (TSXV: DEC) (...
About this update from Decade Resources Ltd.
[{"type":"text","content":"Decade Aqcuires Property in Golden Triangle Surrounded by Reported Resources of 200 Million Gold Equivalent OuncesStewart, British Columbia--(Newsfile Corp. - March 27, 2025) - Decade Resources Ltd (TSXV: DEC) (\"Decade\") reports that it entered into an option agreement to acquire the North Mitchell Property located 70 km north of Stewart BC. The North Mitchell Property is situated amongst several of the world's most significant Cu-Au deposits within the \"Golden Triangle\" of northwestern British Columbia. The property consists of 963.45 ha (9.63 square km) surrounded by Cu-Au deposits on three sides.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/3615/246297_667b0b85244589af_001full.jpgThe map shows the location of the North Mitchell Property relative to mineral deposits in the claim area. The combined number of ounces of reported gold within 8 deposits situated in 3 directions around the North Mitchell Property (measured, indicated + inferred) is estimated at 201.67 million oz+/- as follows:KSM's Iron Cap deposit is located within 2 km, with a combined resource of 36.1 million oz AuKSM's Snowfield deposit is located within 2.9 km, with a combined resource 34.9 million oz AuKSM's Kerr, Sulphurets, Mitchell deposits, total a combined 88.3 million oz Au, located 8.8 km, 5.5 km & 3.6 km from North Mitchel respectivelyTudor Gold's Treaty Creek deposit is within 5 km, with a combined 27.87 million oz AuNewmont's Brucejack & Valley of Kings deposits are within 6.4 km, with a combined 14.5 million+ oz Au (one of the highest grade gold mines in the worldThese estimates do not include the hundreds of millions of reported ounces of silver and billions of pounds of copper included within these deposits.Disclaimer: The above information has been obtained from available public sources and is being used for reference purposes only. There is no guarantee that the North Mitchell property hosts any mineralization similar to the above deposits.Decade has the right to earn a 70% undivided interest in the property by making the following payments to the Optionor (collectively, the \"Option Payments\"), as follows:Date Of Option PaymentShares IssuedOptioneeOwnershipOptionorUpon Effective Date On or before 1st anniversary of  2,937,713  1.98%Effective date On or before 2nd anniversa...