ADVANCES IN JUNIOR MINING-#28- DECADE RESOURCES LTD.
DECADE RESOURCES STAKES ANTINOMY-RICH PROPERTY:
Decade Resources Ltd. is a Canada-based mineral exploration company actively seeking opportunities in the resource sector focused on exploring for gold and copper.
All its properties are located in the “Golden Triangle Area” of BC. This area hosts
some of the largest and highest-grade gold deposits and large undeveloped
copper deposits in the world.
The Company also has a
65% interest in the Red Cliff property, a former copper-gold producer in the
early 1900’s in north-western British Columbia.
Plus, it has 100 %
interest in the Grassy, Premier East and Terrace area properties and it can
earn a 70% interest in the Del Norte and Lord Nelson properties under a farm-in
agreement.
A significant move was announced on February 13, 2025; the Company reported that it staked 1742 hectares covering a major shear structure hosting Antimony mineral (stibnite) in the Golden Triangle area of BC. The property is located 40km NE of Stewart BC within the Bowser Basin sediments.
This area falls
under the umbrella of the lucrative Golden Triangle region, recognized for its
bountiful mineral deposits.
The property is
graced with a quartz-stibnite vein system that measures up to 5 meters wide
within a shear zone, stretching above 300 meters. Adding to its charm is the
expansion of the system's breadth, reaching up to 15 meters in specific areas
due to multiple splays.
Historical
sampling conducted in 2004 showcased high-grade antimony, with 6 out of 8 grab
samples exceeding limits for both antimony and arsenic, supplemented by silver
values that ranged from 12.1 to 65 grams per tonne. Such high-grade antimony and arsenic, along with significant silver values, indicate a promising mineral deposit.
Antimony, primarily existing in the mineral stibnite, is heralded as a critical mineral with its demand skyrocketing, given its multitude of applications in national defense, energy storage, and technology sectors.
With China, the
dominant supplier, having enforced export restrictions, the onus falls on fresh
producers to supplement the supply. Strategically securing this property hence bodes
well for Decade Resources. The premium
veins unearthed indicate a firm foot in the sector. The allure of the property
is further magnified by its location in the valuable Golden Triangle region of
British Columbia.
Decade Resources' discovery is in the preliminary stages. However, given the promise of the Golden Triangle, a trusted mining district, coupled with the initial high-grade findings, the potential of further exploration and development seems bright.
Decade Resources' strategic acquisition of the antimony-rich property in the Bowser Basin lays the groundwork for a potentially significant development, particularly given the growing importance of critical minerals.
Share Price Mar. 5, 2025-TSXV(DEC)—CAD 0.03
52 week high- 0.10,
low-0.03
Price/Book-
0.3x
Market Cap-
5.15M
Shares
O/S 147M
"For information only and not a recommendation to buy or sell
shares."
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