Decade Resources Ltd. — Regulatory Filings 2021

Feb 23, 2021

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

February 18 2021

Item 3 Press Release/Publication/Filing

Issued February 18 2021 and distributed through the facilities of Canada Stockwatch and Market News.

Item 4 Del Norte Assays

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 February 18 2021 in connection with the Company’s February 18th, 2021, press release.

Decade Resources Ltd. 426 King Street Stewart, BC V0T 1W0

TSX.V Trading Symbol: DEC

NEWS RELEASE

February 18, 2021

Check Assaying Indicates 1078 g/t Ag eq on Del Norte Project Drilling

Stewart, BC – Decade Resources Ltd (“Decade” or the Company) announces that it has received check assays for the first 2 drill holes on the Del Norte property. Results were first announced in a February 11 2021 press release based on ICP results. Results for silver from the re-check fire assaying show appreciable enhancement of values versus the initial ICP results. Based on the enhanced silver results, the Company is re-issuing the results from the intersections. For DDH DN20-01 check assays indicate an increase from 386 g/t Ag eq to 1078 g/t Ag eq in the Kosciuszko zone. Results of check assays for DDH DN20-02 confirm the initial results. A table showing the check assay results are shown as follows:

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To(m) Width Au
(m) g/t
164.69 1.8 4.50
171.45 4.34 0.78
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Analytical values have been rounded.

*Silver-equivalent values for gold and silver only (no base metals), calculated assuming 100% metal recovery. Assumptions: US$25/oz silver, US$1800/oz gold: 1:72 ratio.

The Company is presently check assaying any enhanced ICP silver values using fire assay methods. Once check results are obtained, the Company will report them.

A map showing the various silver rich zones in the central portion of the Del Norte property has been included. The objective of the past years exploration program was to confirm past results, expand the area of mineralization and follow up on some previous geological interpretations.

Ed Kruchkowski, President of the Company comments; “ The Company was very successful in not only confirming previous results but outlining numerous silver rich areas for further exploration. The property has numerous different mineralization styles and the Company focused on the silver bearing veins and breccias. At the start of the program there were 2 main silver bearing trends outlined and at the conclusion of 2020

exploration, the Company had defined 6 different systems. The zones show great continuity and grades over long distances. At the start of this year’s exploration, historic drilling had indicated a possible wide zone of mineralization based on the Company’s interpretation, that was named the Argo zone. It does not outcrop and is at depth just to the west of the LG vein. Shallow holes did not intersect this zone but the deeper holes were successful in confirming the zone as well as indicating the presence of appreciable mineralization. Work in 2021 will aim at expanding the area of this deeper mineralization as well as testing new zones.”

Analysis were performed by Activation Laboratories Ltd in Kamloops BC.

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.”