Delta Resources Ltd. is pleased to announce that it has completed a non-brokered private placement by issuing 4,500,000 units of the Company at a price of $0.10 per unit, for gross proceeds of $450,000. Each unit consists of one common share and one common share purchase warrant exercisable for up to 24 months from closing at $0.18. The net proceeds of the financing will be largely used for drilling at the Delta-2 VMS [...]
Delta Resources Ltd. is pleased to announce that it has returned to the field to begin a 5,000 metre drilling program at the Delta-1 Property, 50 kilometres west of Thunder Bay, Ontario. The program will be spanned over two phases with an initial program that will be aimed at extending the Eureka Gold zone towards the east, along strike with drill hole D1-22-18 where assay results announced on October 19, 2022 returned [...]
Delta Resources Ltd. is pleased to announce the closing of a 2nd and final tranche of a non-brokered private placement as previously announced December 6, 2022 [Delta Resources Announces Non-Brokered Private Placement] for total gross proceeds of $1,825,730. This amount is in addition to the first tranche previously announced on December 15, 2022 [Delta Announces Strategic Investment by Troilus Gold Corporation and First Closing of Private Placement], in the amount of $945,700. For the final tranche of this financing, Delta issued 9,585,000 Common Share units of the Company at a [...]
Mistango River Resources Inc. is pleased to announce that it has begun a 30 hole, 3,000 metre drill program on its Goldie Project , 50 km west of Thunder Bay. Goldie is adjacent to Delta Resources' Delta-1 Project, which reported multiple holes of visible gold, including an intersection of 11.9 metres of 14.8 g/t gold within a broader interval of 31.0 metres of 5.92 g/t gold. Preliminary work on the Goldie suggests the [...]
Delta Resources Ltd. is pleased to announce a first closing of a non brokered private placement for aggregate gross proceeds of $945,700. Delta issued 1,612,143 Quebec Flow-Through Units at $0.14 and 2,307,694 National Flow-Through Units at $0.13. Each unit includes one half of a common share purchase warrant whereby each full warrant is exercisable over a period of 24 months at $0.25. Delta also issued an additional [...]
Delta Resources Ltd. is pleased to announce that it has further expanded its land position at the Delta-1 property in Thunder Bay, Ontario. Following the acquisitions announced on September 7 and October 30, 2022 Delta has acquired the exclusive rights to buy the surface and mining rights to a property adjacent to its Delta-1 property in Thunder Bay, Ontario. The 67-hectare property is contiguous with the Delta-1 [...]
Delta Resources Ltd. announces a non-brokered private placement financing to raise up to CAD $2,500,000 from eligible participants through the combined sale of Common Share Units, National Flow Through Units and Quebec Flow Through Units. Each Common Share Unit will consist of one common share at $0.10 and one common share purchase warrant exercisable for up to 24 months from closing at $0.18. Each National Flow Through [...]
Following up intersection of 11.9 metres of 14.8 g/t gold within a broader interval of 31.0 metres of 5.92 g/t gold in drill hole D1-22-18 at the Eureka Gold Zone. Delta Resources Ltd. is pleased to announce preliminary visual observations on two drill holes completed in October 2022 at the Delta-1 Project, 50 kilometres west of Thunder Bay, Ontario. During this program, two drill holes were completed to test for the [...]
Delta Resources Ltd. is pleased to announce that it has completed a follow-up drilling program at the Eureka Gold Deposit, 50 km west of Thunder Bay, Ontario. A total of 974 additional metres were completed in two new drill holes and by extending one previous drill hole. The objective of this drill program was to follow-up on the results obtained in drill hole D1-22-18 announced on October 19, 2022 of: 5.92 g/t gold over [...]
Delta Resources Ltd. is pleased to provide results from its 2022 drilling program at the Eureka Gold Deposit, 50 kilometres west of Thunder Bay, Ontario. A total of 2,719 metres were completed in nine drill holes during this program. All nine drill holes of the 2022 program intersected the gold-bearing zone with the easternmost drill hole of the program returning assays of: 5.92 g/t gold over 31.0 metres Including 14.80 [...]
Delta Resources Ltd. is pleased to announce that it has resumed drilling at the Delta-1 Gold Deposit in Thunder Bay, Ontario for approximately 1,000 metres to follow-up where Delta previously intersected significant visible gold. This current drill campaign is a follow up to the previously announced drill campaign announced on May 11, 2022. From May 10 to June 6, 2022, Delta completed a total of 2,718.8 metres of drilling [...]
TORONTO, Sept. 13, 2022 /CNW/ - Mistango River Resources Inc. is pleased to announce that it has agreed to purchase a 100% interest in the Goldie Project from a private arm's length company. Goldie straddles the Trans-Canada highway, 50KM west of Thunder Bay and is accessed by forestry roads. Historical work on the property has demonstrated that significant gold mineralized zones exist within the property. More than 4,000 [...]