Delta Resources Ltd. is pleased to announce results from a geological mapping, sampling and prospecting program at the Delta-1 Property, 50 kilometres west of Thunder Bay, Ontario. Results of the program are as follows : Grab samples ranging from 0.2 g/t to 3.6 g/t gold have extended the gold-mineralized halo to the north and to the west of the six drill holes from Delta's 2019 drill program. The gold halo extends for a [...]
Delta Resources Ltd. is pleased to announce that it is nearing completion of its first phase of drilling at the Delta 2 project in Chibougamau, Quebec. During this first phase, 15 drill holes have been completed totalling 2,288 metres. The drill holes to date have been focussed on the southern portion of the property or otherwise referred to as the Snowfall gold-silver-copper occurrence. Drill results from the first phase [...]
Delta Resources Ltd. is pleased to announce the beginning of a 5,000 metre drilling program at its Delta-2 Property in Chibougamau, Quebec. Drilling contractor Miikan Drilling Limited of Chibougamau, Quebec mobilized on Sunday and started drilling at the Snowfall Gold occurrence. Delta will be drill-testing six new gold-rich polymetallic targets in the southern portion of the Delta-2 property, including the Snowfall [...]
Delta Resources Ltd. is pleased to announce the results from a rock channel sampling program carried out this past summer at its Delta-2 Property in Chibougamau, Quebec. The results include channel sampling that was carried out at its Snowfall Gold Discovery Delta has recently signed a drill contract with Miikan Drilling Limited of Chibougamau, Quebec and plans to drill these targets and a number of VMS targets as soon as [...]
Delta Resources Ltd. is pleased to announce that it has signed a drill contract with Miikan Drilling Limited of Chibougamau, Quebec. The contract is for a minimum of 5,000 metres and may extend up to 10,000 metres of NQ core. The drill campaign is for the Delta-2 property in Chibougamau, Quebec where Delta will drill a number of Gold and VMS targets. Drilling is expected to begin in October when a drill becomes available [...]
Delta Resources Ltd. is pleased to announce that it has received a $250,000 cash payment from Yorkton Ventures as a second tranche for the sale of its Bellechasse-Timmins Gold Deposit in southeastern Quebec, Canada and as per the terms of the agreement previously announced on July 7, 2020. To acquire a 100% interest in the Property, Yorkton's remaining cash payments to Delta are as follows: $350,000 cash payment before [...]
Delta Resources Ltd. is pleased to announce that it has completed a non-brokered private placement , by issuing 4,453,569 units of the Company at a price of $0.35 per unit, for gross proceeds of $1,558,749. Each unit consists of one common share and one-half of a common share purchase warrant exercisable for up to 24 months from closing at $0.50. The net proceeds of the financing will primarily be used for exploration [...]
Delta Resources Ltd. is pleased to announce that it has increased its previously announced non-brokered private placement financing to raise up to CAD 2,000,000 from eligible participants through the sale of a minimum of up to 5,714,286 units of the Company at a price of $0.35 per unit. Each unit will consist of one common share and one half of a common share purchase warrant exercisable for up to 24 months from closing [...]
Delta Resources Ltd. announces a non-brokered private placement financing to raise a minimum of CAD 1,000,000 from eligible participants through the sale of a minimum of 2,857,143 units of the Company at a price of $0.35 per unit. Each unit will consist of one common share and one half of a common share purchase warrant exercisable for up to 24 months from closing at $0.50. A finder's fee commensurate with TSX Venture [...]
Delta Resources Ltd. is pleased to welcome Sara Paquet to its Board of Directors. Frank Candido, Chairman of the Board at Delta commented as follows: "We are thrilled to add Sara Paquet to our Board of Directors. Her international experience and deep knowledge and understanding of the economics of exploration will further enhance our commitment to a well-rounded and independent board and help us to market the exceptional [...]
Delta Resources Ltd. is pleased to report that its ongoing mechanical trenching program at the Delta-2 property in Chibougamau, Quebec has uncovered a sulphide-bearing horizon favourable for the presence of Volcanogenic Massive Sulphide mineralization. The favourable horizon coincides with a string of isolated VTEM conductors that represent VMS targets. The target horizon is characterized by the presence of felsic [...]
Eight of 23 samples returned over 41 gold grains with pristine grains accounting for 78% to 99%. One sample returned 457 gold grains per 10kg fraction with 95% of the grains being pristine. Delta Resources Ltd. is pleased to announce results from a till sampling orientation survey at the Delta-1 Property, 50 kilometres west of Thunder Bay, Ontario. Gold grains were recovered from every till sample of the survey with eight [...]