Key Takeaways
- Decade Resources has expanded drilling at its Bonaparte copper-gold project to 4,000 meters following results from its first deep drill hole.
- The company is targeting a large IP anomaly measuring approximately 3 by 4 kilometers in the southwestern part of Bonaparte.
- Two new claims have increased Decade's Bonaparte land package by 1,400 hectares to 5,549 hectares.
- Newly identified porphyry outcrops 5 kilometers east of the drill area have returned visual evidence of fine chalcopyrite mineralization.
- More than 750 soil samples and 30 rock samples collected during a recent survey are awaiting assay results.
- Additional drilling, sampling, and assays could help define the scale and controls of copper-gold mineralization at Bonaparte.
New Porphyry Target Identified East of Drill Area
On September 9, 2026, Decade Resources Ltd. (DEC:TSX.V; DECXF:OTCMKTS) announced that it is expanding exploration at its Bonaparte copper-gold property in British Columbia, Canada. The decision follows results from the company’s first deep drill hole on the project, DDH 1.
The company said it will add 1,000 m (meters) to its current drill program, bringing planned drilling to a minimum of 4,000 m. The goal is to target a large induced polarization (IP) chargeability anomaly in the southwestern portion of the property, measuring roughly 3 km by 4 km, and remains largely untested at depth. Decade said that mineralization encountered to date appears spatially associated with strong chargeability highs and resistivity anomalies. However, the historic geophysical results have not been verified by a Qualified Person and are not being treated as current.
In other news, Decade has also expanded its land position by staking two new claims, totaling 1,400 hectares and increasing the Bonaparte property to 5,549 hectares. The company hopes that the new claims will cover prospective extensions of the property.
A second exploration front is underway approximately 5 km east of the current drill area. Surface outcrops in the area contain intensely altered feldspar porphyry with fine chalcopyrite mineralization. Decade is conducting surface sampling and has submitted samples for laboratory analysis, with results pending.
Bonaparte covers 5,549 hectares, approximately 50 km north of Kamloops, B.C., within the Kamloops Mining Division and a regional belt that hosts porphyry copper deposits, including Highland Valley and New Afton.
A Canadian company, Decade Resources Ltd., is dedicated to exploring mineralization in the Golden Triangle area of British Columbia and owns multiple projects in various stages of development.
Copper Demand Remains a Key Sector Driver
Demand for copper is expected to rise due to continued use in electronics, especially with the widespread construction of new data centers and defense applications in the U.S. A report from Businessworld claimed that "global copper demand is gradually shifting towards strategic and less price-sensitive sectors such as AI infrastructure, defense, power grids, and clean energy systems. By 2040, these categories are expected to account for nearly 45% of total copper demand, up from 32% in 2024."
Last year, the prospect of President Donald Trump's tariffs helped drive copper prices higher in the U.S. as American buyers stockpiled the metal. This contributed to elevated inventories and a widening premium between U.S. futures and physical copper markets. "Collectively, inventories at the world's main exchanges have risen by more than 500,000 tons since the start of the year," stated a March 6 article by Bloomberg News.
Trump's July 30, 2025, proclamation imposed a 50% Section 232 tariff on the value of the copper content of covered semi-finished copper and copper-intensive derivative products, effective August 1, 2025. Effective April 6, 2026, the U.S. expanded its Section 232 tariff regime so that applicable duties on covered copper products were generally calculated on the full customs value rather than solely on the copper content. The change contributed to a sharp narrowing of the COMEX copper premium. The 2025 proclamation also called for consideration of a phased universal tariff on refined copper of 15% starting in 2027 and 30% starting in 2028.
The metals sector as a whole is also showing signs of improvement. On May 7, 2026, Brian Taylor of Recycling Today said that the World Bank Group has projected that its metals and minerals price index will rise 17% in 2026.
Expert Commentary Focuses on Bonaparte's Next Steps
1On April 24, 2026, technical analyst Stewart Thomson gave Decade a "Strong Speculative Buy" rating. Thomson's short-term price target is CA$0.14, his medium-term target is CA$0.25, and his long-term target is CA$0.60. As of September 9, 2026, the company has surpassed the short-term target, trading at CA$0.17.
Thomson wrote, "Trading volume has increased since the summer of 2025 . . . A pullback to the trendline has occurred, marking a potential entry point for speculators. Volume is more consistent than in the past, also a bullish sign."
Most recently, on September 1, 2026, Bob Moriarty of 321gold.com weighed in on the company, writing: "From a strictly technical point of view, the hole was a 100% success based on the visuals. Company President and Director Ed Kruchkowski has done nothing more than follow up on drilling a buried porphyry first proposed by the geologists from the British Columbia Geological Survey as far back as 2013. This first hole has hit the core of the target, as shown by the presence of moly. We shall see what the assays say about copper and gold, but visually they should be there."
Moriarty then said, "The shares are up 65% in the first day, and it is still absurdly cheap."
Assays and Follow-Up Drilling Ahead
In late July, a contract sampling crew completed a soil sampling survey over the southern portion of the indicated IP anomaly, collecting over 750 soil samples and 30 rock samples.
Assays remain pending and will be released as they become available.
Streetwise Ownership Overview*
Decade Resources Ltd. (DEC:TSX.V;DECXF:OTCMKTS)
| Strike Price | Number | Expiry Date |
|---|---|---|
| $0.08 | 20,188,000 | 12/03/26 |
| $0.05 | 6,934,286 | 06/12/27 |
| $0.05 | 680,000 | 09/16/27 |
| $0.05 | 21,182,001 | 10/07/27 |
| $0.06 | 25,948,571 | 10/20/27 |
| $0.05 | 5,000,000 | 11/20/27 |
| $0.05 | 4,000,000 | 08/12/28 |
| $0.06 | 31,754,286 | 09/30/29 |
| $0.05 | 8,500,000 | 09/16/30 |
| Date | Old Symbol | Old Shares | New Symbol | New Shares |
|---|---|---|---|---|
| 08/05/22 | DECXD: OTCMKTS | 1 | DECXF:OTCMKTS | 1 |
| 07/12/22 | DECXF:OTCMKTS | 5 | DECXD:OTCMKTS | 1 |
| 07/12/22 | DEC:TSXV | 5 | DEC:TSXV | 1 |
| 10/23/13 | DEC:TSXV | 5 | DEC:TSXV | 1 |
Ownership & Share Information2
Decade Resources Ltd. has a market cap of CA$40.59 million, with 245.99 million shares outstanding. The company's 52-week range is CA$0.025-CA$0.205.
Institutions own 3.79% of shares, while Management & Insiders own 11.34%. The remaining 84.87% of shares are Retail.
Frequently Asked Questions
Q: What is Decade Resources' Bonaparte project?
A: Bonaparte is a 5,549-hectare copper-gold exploration property in British Columbia's Kamloops Mining Division, approximately 50 kilometers north of Kamloops.
Q: Why is Decade Resources expanding drilling at Bonaparte?
A: Decade Resources is adding 1,000 meters to its current drill program after results from its first deep drill hole, bringing planned drilling at Bonaparte to 4,000 meters. The expanded program will target a large IP chargeability anomaly in the southwestern portion of the property.
Q: What is the IP anomaly at Bonaparte?
A: The target is an induced polarization chargeability anomaly measuring approximately 3 by 4 kilometers. Decade Resources said the anomaly remains largely untested at depth and that mineralization encountered to date appears spatially associated with strong chargeability highs and resistivity anomalies.
Q: What new exploration targets has Decade identified at Bonaparte?
A: Decade Resources has identified a new exploration area approximately 5 kilometers east of its current drill area. Surface outcrops there contain intensely altered feldspar porphyry with fine chalcopyrite mineralization, and samples have been submitted for laboratory analysis.
Q: How large is the Bonaparte property?
A: Following the staking of two new claims, Decade Resources' Bonaparte property now covers approximately 5,549 hectares. The newly acquired claims add 1,400 hectares to the company's land position.
Q: What is chalcopyrite?
A: Chalcopyrite is a copper-iron sulfide mineral and one of the most important copper ore minerals. Its presence in altered porphyry rocks can be an indicator of copper mineralization, although laboratory assays are required to determine grades and mineral content.
Q: What are the next catalysts for Decade Resources?
A: Potential catalysts include assay results from the recent soil and rock sampling program, additional drilling at Bonaparte, and results from the expanded exploration program targeting the property's large IP anomaly.
Q: How much sampling has Decade completed at Bonaparte?
A: A contract sampling crew collected more than 750 soil samples and 30 rock samples over the southern portion of the property's indicated IP anomaly in late July. Assay results remain pending.
Q: Why is copper demand important for Decade Resources?
A: Copper is widely used in electricity infrastructure, electronics, data centers, power grids, and defense applications. Rising demand from these areas is contributing to increased interest in copper exploration and potential future supply.
Q: Where is Bonaparte located relative to other British Columbia copper projects?
A: Bonaparte is located approximately 50 kilometers north of Kamloops within a regional belt that hosts major porphyry copper deposits, including Highland Valley and New Afton.
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Important Disclosures:
- Decade Resources Ltd. is a billboard sponsor of Streetwise Reports. The company pays a monthly sponsorship fee of US$3,000–US$6,000 for banner advertising and an enhanced company profile page. Streetwise Reports’ editorial content is fully independent and is not influenced by sponsorship.
- As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Decade Resources Ltd.
- Cori Fisher wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.
- This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company.
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1. Disclosure for the quote from the Stewart Thomson article published on April 24, 2026
1. For the quoted article (published on April 24, 2026), Decade Resources Ltd has paid Street Smart, an affiliate of Streetwise Reports, US$3,500.
2. Author Certification and Compensation: Stewart Thomson was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Thomson is a retired Canadian financial advisor who has passed the Canadian Securities Course as well as additional technical analysis courses that were mandated by his former employer and approved by Ontario regulatory bodies. For the past 15 years, he has been editing and writing numerous financial newsletters that have a strong focus on charts. The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed.
2. Ownership and Share Structure Information
The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.
