Delta Resources Ltd. is pleased to update its shareholders on the recently completed drill campaign at the Delta-1 property in Thunder Bay, Ontario. From May 10 to June 6, 2022, Delta completed a total of 2,719 metres of drilling in nine drill holes. A total of 1793 samples were collected for gold and sent to SGS laboratories in Sudbury, Ontario for sample preparation and analysis. The mineralized zone appears to have [...]
Delta Resources Ltd. is pleased to announce the results from its 2022 drilling program at the Delta-2 VMS Property, located 35 kilometres southeast of Chibougamau, Quebec. Drilling was completed at the Delta-2 VMS property in late May of 2022. A total of thirty drill holes were completed for a total of 6,551 metres. The drilling program tested three gravity anomalies and twenty-seven high-priority VTEM conductors. The [...]
Delta Resources Ltd. is pleased to announce the results of voting at its Annual and Special Meeting of shareholders held on Thursday, June 30, 2022. Shareholders voted in favour of all items put forward by the Board of Directors and Management. Frank Candido, Andre C. Tessier, Roy Millington, Kevin B. Heather and Sara Marcotte Paquet were all re-elected as Directors of the Company. The shareholders appointed KPMG as [...]
Delta Resources Ltd. is pleased to announce that drilling has begun on its Delta-1 Gold property in Thunder Bay, Ontario 50 kilometres west of Thunder Bay, Ontario. The initial drill campaign includes 10 holes for approximately 3,000 metres. Delta has outlined a gold zone over 450 metres long and 20 metres wide, extending from surface to 150 metres vertical. The zone is open in all directions. The zone grades [...]
Delta Resources Ltd. announces its initial results from in its initial phase of drilling carried out in November and December 2021, at the Delta-2 Gold Property located 35 kilometres southeast of Chibougamau, Quebec. Delta completed sixteen exploratory drill holes for a total of 2,709 metres. The objective of the program was to test two structures trending 060 azimuth, believed to host both the R14 gold prospect and [...]
Delta Resources Ltd. is pleased to announce that it has received a final tranche cash payment of $400,000 from Yorkton Ventures for the sale of its Bellechasse-Timmins Gold Deposit in southeastern Quebec, Canada. This concludes the sale of the property to Yorkton Ventures. "We are very please with having concluded this transaction with Yorkton Ventures. Throughout this process, Yorkton has been transparent and in constant [...]
Delta Resources Ltd. is pleased to announce that it has returned to the field to begin a comprehensive drilling program at the Delta-2 VMS Property, 35 kilometres southeast of Chibougamau, Quebec. Crews are mobilizing today from Delta, Miikan Drilling and Native Exploration Services of Ouje- Bougoumou, for the start of an exciting first phase of drilling that will likely be ongoing until the spring breakup. Delta will be [...]
Delta Resources Ltd. announces the grant of 1,900,000 stock options to management, the board of directors and consultants. The options are exercisable at $0.25 for 5 years from the date of the grant and vest immediately. Delta is also pleased to announce the signature of a one-year contract with MI3 Communications Financières Inc., a Montreal based investor relations firm with extensive contacts in the investment and [...]
Delta Resources Ltd. is pleased to announce that it has completed a non-brokered private placement . Subject to TSX approval, Delta is closing today the second and final tranche of this financing in the amount of $200,999.90 in addition to the first tranche closing of this financing announced on December 6th, 2021, in the amount of $3,363,450. In this second tranche, Delta is issuing 503,703 Hard Cash units of the Company [...]
Delta Resources Ltd. is pleased to announce that it has completed a non-brokered private placement , by issuing 1,986,110 Hard Cash units of the Company at a price of $0.27 per unit, for gross proceeds of $536,249.70. 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 $0.40. In addition, the Company has also issued 1,998,389 National Flow [...]
Delta Resources Ltd. is pleased to announce that it has increased its previously announced non-brokered private placement financing to raise up to CAD $3,500,000 from eligible participants through the combined sale of Hard Cash Units, National Flow Through Units and Quebec Flow Through Units. Each Hard Cash Unit will consist of one common share at $0.27 and one half of a common share purchase warrant exercisable for up to [...]
Delta Resources Ltd. is pleased to announce that it has begun a comprehensive drilling program at the Delta-2 VMS and Gold Property, 35 kilometres southeast of Chibougamau, Quebec. Over 75 high-priority drill targets have been outlined at the 194 square-kilometre property on the combined VMS and Gold projects. André Tessier, President and CEO commented as follows: "We're extremely happy to have secured a drill and crew [...]