Core Insights - Decade Resources Ltd. has reported initial high-grade assay results from the North Mitchell Property, indicating significant potential for gold and silver resources in a region known for its rich mineral deposits [1][7]. Summary by Sections Assay Results - The first certified assay results from surface sampling on the North Mitchell Property show high metal content, with notable values including 45.0 g/t Au and 60.4 g/t Ag from one sample [5][9]. - Other significant assay results include 11.6 g/t Au and 53.92 g/t Ag, and 1.05 g/t Au and 4.23 g/t Ag from different locations on the property [5][9]. Nearby Major Deposits - The North Mitchell Property is strategically located near several major deposits, including Seabridge Gold's KSM and Snowfield deposits, and Newmont's Brucejack Mine, which are among the largest gold and copper resources globally [1][3]. - The report includes a table of nearby deposits with their respective categories, tonnage, grades, and contained metals, highlighting the potential for similar mineralization on the North Mitchell Property [3][6]. Management Commentary - The President of Decade Resources expressed excitement over the initial assay results, emphasizing the potential for both porphyry copper-gold and high-grade epithermal gold systems due to the geological features observed [7]. Next Steps - The company plans to conduct detailed mapping and sampling programs over key structural zones to further investigate the mineral potential of the North Mitchell Property [10][17]. - A maiden drill program is anticipated to commence in the 2026 season, contingent on permitting and financing [17].
Decade Resources Reports First Assays from the North Mitchell Property Indicate High Gold and Silver