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Decade Resources Ltd. — Regulatory Filings 2021
Jan 29, 2021
46126_rns_2021-01-28_228a7fc0-aeb6-4848-ae9e-1d7726a8bb47.pdf
Regulatory Filings
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Form 53-901.F Material Change Report
Under Section 85(1) of the Securities Act (British Columbia)
Form 27 Material Change Report
Under Section 118(1) of the Securities Act (Alberta)- Form 27
Item 1 Reporting Issuer
Decade Resources Ltd. (the "Company") 611 8[th] Street Stewart, B. C. V0T 1W0
Item 2 Date of Material Change
January 28 2021
Item 3 Press Release/Publication/Filing
Issued January 28 2021 and distributed through the facilities of Canada Stockwatch and Market News.
Item 4 Company Clarification
Item 5 Full Description of Material Change
See attached press release.
Item 6 Reliance on Confidentiality Provisions of the Securities Acts
This report is not being filed on a confidential basis.
Item 7 Omitted Information
There are no significant facts required to be disclosed herein which have been omitted.
Item 8 Senior Officer
Contact: Randolph Kasum, Secretary Telephone: (250) 636-9283
Item 9 Statement of Senior Officer/Director
The foregoing accurately discloses the material change referred to herein.
‘Ed Kruchkowski’
Ed Kruchkowski, Director/CEO
DATED at Stewart, B.C., this 28th day of January 28 2021 in connection with the Company’s January 28th, 2021, press release.
Decade Resources Ltd. 426 King Street Stewart, BC V0T 1W0
TSX.V Trading Symbol: DEC
NEWS RELEASE
January 28, 2021
Company Clarification
Stewart, BC – As a result of a review by the British Columbia Securities Commission the Company is issuing this news release to clarify its technical disclosure. The Company has reported non-compliant historical estimates for the Goat, Red Cliff and Terrace properties on its public website and the February 25, 2020 Goat Property news release. The Company retracts disclosure of a non-compliant historical estimate of resource on the Goat, Red Cliff and Terrace properties. This retraction is necessary as it will require further exploration work for the Company to appropriately determine the relevance and reliability of the non-complaint historical estimate. The Company has not performed any drilling or sampling in order to verify these historical estimates.
The Company states that the Qualified Person as defined by National Instrument 43101 has examined and reviewed geological information available from public sources related to these properties, and is responsible for reporting the contents of the historic estimates. A qualified person has not done sufficient work to classify the historical estimate as a current mineral resource. The Company is not treating the historical estimate as a current mineral resource. However, the Qualified Persons believes that any historical drilling and analytical results were completed to industry standard practices. The information provides an indication of the exploration potential of the Property but may not be representative of expected results.
Ed Kruchkowski, P. Geo., a qualified person under National Instrument 43-101 is responsible for 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 at www.decaderesources.ca which is presently being updated. For investor information please call 250-636-2264 or Gary Assaly at 604-377-7969.
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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