Decade Resources Ltd. (DEC:TSX.V; DECXF:OTCMKTS) is increasing its drill program at the Bonaparte copper-gold property to a minimum of 4,000 meters, according to a recent press release.
The move follows positive visuals from the first deep hole and aims at a large induced polarization chargeability anomaly in the southwestern part of the property.
This expansion directly targets a 3-by-4-kilometer IP anomaly that has seen limited deep testing. Mineralization found so far lines up with strong chargeability highs and resistivity features, giving investors a clear technical reason to watch upcoming assay results.
Why Copper Exploration Matters Now
Copper demand is rising from data centers, defense systems, power grids, and clean energy projects. These sectors are forecast to represent nearly 45 percent of global copper use by 2040, up from 32 percent in 2024.
Tariffs and supply concerns have already pushed prices and inventories higher, creating a supportive backdrop for junior explorers with large land positions in established districts.
Company Position and Land Expansion
Decade Resources has strengthened its foothold by staking two new claims that add 1,400 hectares. The Bonaparte property now totals 5,549 hectares and sits about 50 kilometers north of Kamloops in British Columbia's Kamloops Mining Division, inside a belt known for porphyry copper deposits such as Highland Valley and New Afton.
A new exploration area roughly 5 kilometers east of the current drill site shows intensely altered feldspar porphyry with visible fine chalcopyrite. Surface exploration and sampling is underway, with assays pending, offering an additional vector for future drilling.
Key Assets, Sampling, and Near-Term Catalysts
A contract crew collected more than 750 soil samples and 30 rock samples over the southern portion of the IP anomaly in late July. Results from these samples remain pending and will be released when available. Additional drilling, sampling, and assays should help define the extent and controls of copper-gold mineralization across the expanded property.
The company is also following up on historic geophysical data that has not yet been verified by a Qualified Person and is not treated as current. New drilling is designed to test whether chargeability highs continue to correlate with mineralization at depth.
Views and Valuation Context
1Technical analyst Stewart Thomson issued a Strong Speculative Buy rating on April 24, 2026, with targets of CA$0.14 short-term, CA$0.25 medium-term, and CA$0.60 long-term.
As of September 9, 2026, the shares traded above the short-term target at CA$0.17. Thomson noted rising and more consistent volume as a bullish sign.
On September 1, 2026, Bob Moriarty of 321gold.com described the first deep hole as a 100 percent technical success based on visuals, noting the presence of moly in the core of the target. He called the valuation absurdly cheap after the shares rose 65 percent on the initial news.
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 |
Share Structure and Ownership Snapshot2
Decade Resources Ltd. has a market capitalization of CA$40.59 million based on 245.99 million shares outstanding. The 52-week trading range is CA$0.025 to CA$0.205.
Institutions hold 3.79 percent, management and insiders hold 11.34 percent, and retail investors hold the remaining 84.87 percent.
Key Investor Takeaways
- Drilling has been expanded to at least 4,000 meters to test a large untested IP anomaly at Bonaparte.
- Two new claims have increased the property to 5,549 hectares, covering potential extensions.
- A new porphyry target 5 kilometers east shows visible chalcopyrite and is now being sampled.
- More than 750 soil samples and 30 rock samples are awaiting assay results.
- One analyst's targets range up to CA$0.60, with the stock recently trading at CA$0.17.1
- Copper demand from data centers and defense applications supports sector interest.
Common Questions from Investors
Q: What is the main target at Bonaparte?
A: The primary target is a 3-by-4-kilometer induced polarization chargeability anomaly in the southwestern part of the property that remains largely untested at depth.
Q: How large is the Bonaparte property now?
A: After staking two new claims, the property covers 5,549 hectares, an increase of 1,400 hectares.
Q: What new area is being explored east of the drill site?
A: Surface outcrops of altered feldspar porphyry with fine chalcopyrite mineralization have been identified approximately 5 kilometers east of current drilling, with sampling underway.
Q: When will assay results be available?
A: Results from the recent soil and rock sampling program are pending and will be released as they become available.
Q: What are the next potential catalysts?
A: Key catalysts include pending assay results, further drilling on the IP anomaly, and any new targets generated from the expanded land package.
Retail investors should monitor assay releases and drill progress closely, as results from the expanded program will clarify the scale of copper-gold mineralization at Bonaparte and help assess the project's long-term potential within a strengthening copper market.
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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.
- Jordan Nova 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.
