Decade Resources secures approval to acquire North Mitchell property in Canada
The Golden Triangle is home to numerous past and current mining operations, underscoring the region's status as one of the world's most mineralised districts.
Located 70km north of Stewart, BC, the North Mitchell property spans 963.45ha and is surrounded by copper-gold deposits on three sides.
The property's strategic location offers Decade Resources a promising opportunity for exploration and development.
The combined gold estimates in the vicinity of the property are approximately 201.67 million ounces (moz), not accounting for the vast quantities of silver and copper also present in these deposits.
The geological setting of the North Mitchell property is notable for its proximity to the Texas Creek Plutonic suite, and includes the Jurassic-age Mitchell intrusions at Kerr-Sulphurets-Mitchell.
This suite is associated with gold mineralisation in several nearby mines and deposits, highlighting the area's rich mining heritage and potential.
Decade Resources president Ed Kruchkowski said: "I feel that this a wonderful opportunity for the company based on my knowledge of the property. The North Mitchell property contains the rocks and geology necessary to host porphyry copper-gold (Cu-Au) and epithermal gold mineralisation.
'The property is located within the Stikine Terrane, the locale for large Cu-Au deposits. The property is underlain by similar lithologic units hosting these deposits and the company believes that it is one of the most exciting mineral properties that has not been explored in British Columbia."
In a related exploration effort, the company has identified a high-grade gold-silver-base metal zone approximately 3km south-west of the Nobody Knows #2 copper-silver red bed.
Initial sampling has revealed significant mineralisation including arsenopyrite and elevated bismuth and cobalt, with some samples containing visible gold.
In September 2024, Etruscus Resources began its 2024 exploration programme at the Rock & Roll Property in the Golden Triangle to uncover a copper-gold porphyry system.
"Decade Resources secures approval to acquire North Mitchell property in Canada" was originally created and published by Mining Technology, a GlobalData owned brand.
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Bernstein projects that the percentage of homemade AI chips in China will surge from 17% in 2023 to 55% by 2027, while American suppliers like Nvidia and AMD will shrink to 45% from 83%. In April, Huang of Nvidia met with Trump in Washington, urging the administration to loosen export controls on chips and saying that the diffusion of American AI technology around the world needs to be accelerated. 'There's no question that Huawei is one of the most formidable technology companies in the world…they made enormous progress in the last several years,' he said. 'China is right behind us. We're very, very close.' CNN's Hassan Tayir and Fred He contributed reporting.
