Delta Resources Ltd. announces the grant of 1,863,000 stock options to management, the board of directors, employees and consultants. The options are exercisable at $0.265 for 5 years from the date of the grant and vest 50% on December 31, 2023, and 50% on December 31, 2024. About Delta Resources Limited Delta Resources Ltd. is a Canadian mineral exploration company focused on growing shareholder value through the [...]
During THE Mining Investment Event of the North 2023, representatives from TSX and TSXV-listed companies shared their unique perspectives and company stories with TMX Group. The View From The C-Suite video interview series highlights the unique perspectives of listed companies on Toronto Stock Exchange and TSX Venture Exchange. Videos provide insight into how company executives think in the current business environment [...]
Delta Resources Ltd. is pleased to announce the appointment of Justin Reid to its Board of Directors. Mr. Reid is a geologist and capital markets executive with over 25 years of experience focused exclusively on the mineral resource space. Mr. Reid started his career as a geologist with the Saskatchewan Geological Survey and Cominco Global Exploration after which he became a partner and senior mining analyst at [...]
Delta Resources Ltd. is pleased to announce that it continues to further expand the Delta-1 property in Thunder Bay, Ontario by doubling its land position. Following the previously announced acquisitions on September 7, 2022, October 31, 2022, December 13, 2022, February 16, 2023, and May 4, 2023, Delta has now acquired the exclusive rights to an additional four mineral exploration properties covering a total of [...]
Delta Resources Ltd. is pleased to announce the results of voting at its Annual and Special Meeting of shareholders held on Thursday, June 27, 2023. Shareholders voted in favour of all items put forward by the Board of Directors and Management. Frank Candido, Andre C. Tessier, Kevin B. Heather and Sara Marcotte Paquet were all re-elected as Directors of the Company. The shareholders appointed KPMG as auditors of the [...]
Delta Resources Ltd. wishes to extend its thoughts and prayers to the residents of Northern Quebec during these trying times as a direct result of the ongoing forest fires. Our thoughts are particularly for the residents of Chibougamau and the Community of Ouje-Bougoumou, who had to be evacuated from their homes. To our friends, colleagues and all of those affected by this tragedy, the entire team at Delta wishes you a [...]
Delta Resources Ltd. is pleased to announce the start of a 20,000 metre drill program at the Delta-1 Gold project, 50 kilometres west of Thunder-Bay, Ontario. Delta will be mobilizing a second drill rig to further accelerate the drill campaign. This new drilling program is in addition to the 5,000 metre program previously announced on April 24, 2023 which is currently underway and nearing completion. Both programs are [...]
Delta Resources Ltd. is pleased to announce the closing of its previously announced "bought deal" private placement of 7,143,000 "flow-through" units of the Company at a price of $0.63 per FT Unit for gross proceeds of $4,500,090; and 12,222,400 units of the Company at a price of $0.45 per HD Unit for gross proceeds of $5,500,080, for aggregate gross proceeds to the Company of $10,000,170, which includes the exercise in [...]
Delta Resources Ltd. is pleased to provide assay results from the last four drill holes of our 2023 Phase 1 drill program along with initial observations on our first drill holes of the 5000 metre Phase 2 drilling at the Delta-1 gold project located 50 km west of Thunder-Bay, Ontario. Wide intercepts of gold mineralization were intersected near surface in drill holes D1-23-35 and D1-23-36, extending this style of [...]
Delta Resources Ltd. is pleased to provide assay results from the last four drill holes of our 2023 Phase 1 drill program along with initial observations on our first drill holes of the 5000 metre Phase 2 drilling at the Delta-1 gold project located 50 km west of Thunder-Bay, Ontario. Wide intercepts of gold mineralization were intersected near surface in drill holes D1-23-35 and D1-23-36, extending this style of [...]
Delta Resources Ltd. is pleased to announce that it has acquired eight additional claims near its Delta-1 property in Thunder Bay, Ontario. Delta will issue 80,000 shares to earn a 100% interest in the claims. The vendor retains a 2% NSR of which Delta can elect to buy back 1% at any time for the sum of $1,000,000. With this agreement, Delta adds an additional 177 hectares to its 58.3 square-kilometre property in the [...]
Delta Resources Ltd. is pleased to announce that in connection with its previously announced "bought deal" private placement financing, the Company and Cormark Securities Inc. as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters have agreed to increase the size of the previously announced financing. The Company will now issue: 7,143,000 "flow-through" units of the Company at a price of $0.63 [...]