Delta Resources Ltd. is pleased to announce that it has entered into an agreement pursuant to which Cormark Securities Inc., as lead underwriter, on behalf of a syndicate of underwriters , has agreed to purchase, on a "bought deal" private placement basis: 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 5,556,000 units of the Company at a price of $0.45 [...]
Delta Resources Ltd. is pleased to provide assay results from two additional drill holes D1-23-33 and D1-23-34 from its 2023-Phase 1 drill program at the Delta-1 gold project located 50 km west of Thunder-Bay, Ontario. Assays from the new drill holes are as follows: TABLE 1: NEW RESULTS FROM PHASE 1 2023 Coordinates Zone 16 Azimuth Incl. Length FROM TO Au Grade CORE LENGTH Easting Northing D1-23-33 290363 5385355 180 -40 [...]
Delta Resources Ltd. is pleased to announce that it will resume drilling this week at the Delta-1 Project in Thunder Bay, with an additional 5,000 metre drilling program. The program will be predominantly aimed at the "Deep Blue" magnetic low anomaly spanning over 1.5 kilometres southeast from drill hole D1-23-38 . The "Deep-Blue" magnetic low anomaly is believed to be associated with magnetite-destruction alteration [...]
Delta Resources Ltd. is pleased to provide assay results from two additional drill holes D1-23-31 and D1-23-32 from its 2023-Phase 1 drill program at the Delta-1 gold project located 50 km west of Thunder-Bay, Ontario. Assays from the new drill holes are as follows : DRILL HOLE NO UTM Coordinates Zone 16 Azimuth Incl. Length FROM TO Au Grade CORE LENGTH Easting Northing D1-23-31 290254 5385377 180 -40 247.5 36.00 133.00 [...]
Delta Resources Ltd. is pleased to announce that it has accelerated the completion of an Option Agreement dated October 02, 2019 to acquire a 100% undivided interest in the Delta-1 Gold property located 50 km west of Thunder-Bay, Ontario. Delta paid $150,000 to the optionors, therefore accelerating the completion of the acquisition in the 245 claims that were subject to an Option Agreement dated October 02, 2019. The [...]
Delta Resources Ltd. is pleased to provide assay results from the first five drill holes from its 2023-Phase 1 drill program at Delta-1 Gold located 50 km west of Thunder-Bay, Ontario. All five drill holes reported herein intersected broad zones of favourable alteration and gold mineralization with drill hole D1-23-30, the easternmost and deepest drill hole reported so far returning assays of: 4.23 g/t gold over 26.2 [...]
Delta Resources Ltd. is pleased to announce the grant of 550,000 stock options to consultants. The options are exercisable at $0.41 for 5 years from the date of the grant and vest immediately. About Delta Resources Limited Delta Resources Ltd. is a Canadian mineral exploration company focused on growing shareholder value through the exploration of two very high-potential gold and base-metal projects in Canada. DELTA-1 [...]
Delta Resources Ltd. is pleased to provide an updated gold intercept in drill hole D1-22-24 and a newly revised interpretation of the Delta-1 Gold project located 50 km west of Thunder-Bay, Ontario. Improved Gold Intercept of drill hole D1-22-24: On February 9, 2023, Delta had announced a gold intercept of 5.32 g/t over 8.0 metres on drill hole D1-22-24. Additional metallic sieve analyses of the mineralized zone have now [...]
Delta Resources Ltd. is pleased to announce preliminary visual observations from its ongoing drill program at the Delta-1 Project, 50 kilometres west of Thunder Bay, Ontario. The drill program is designed to test the eastern extension of a newly discovered high-grade gold zone previously intersected in drill holes D1-22-18, D1-22-24 and D1-22-25 . To date, eleven drill holes have been completed for a total of 2,975 [...]
Delta Resources Ltd. is pleased announce that it continues to further expand its land position at the Delta-1 property in Thunder Bay, Ontario. Following the previous acquisitions announced on September 7, 2022, October 31, 2022 and December 13, 2022, Delta has acquired the exclusive rights to buy the surface and mining rights to an additional property adjacent to its Delta-1 property package. The 47-hectare property is [...]
Delta Resources Ltd. is pleased announce final assay results from drill holes D1-22-24 and D1-22-25 at the Delta-1 Gold project located 50 km west of Thunder-Bay, Ontario. Gold mineralization was intersected in both drill holes, therefore extending the Eureka Gold Zone to nearly one kilometre of strike length. The drill holes returned high-grade intercepts of 130.0 g/t Au over 1.0 metre, 30.66 g/t Au over 1.0 metre and [...]
Delta Resources Ltd. is pleased to provide an update on its ongoing exploration programs at the Delta-2 VMS project located 35 kilometres SE of Chibougamau, Quebec, and it's Delta-1 Gold project located 50 km west of Thunder Bay, Ontario. DELTA-2 PROPERTY EXPLORATION UPDATE Summer 2022 Exploration: Delta completed the following: Borehole EM surveys on 18 drill holes from Delta's 2022 drill program. A 721 line kilometre [...]
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