Delta Resources Ltd. is pleased to provide an update on its exploration projects in Quebec and Ontario and, Canada. Delta-2 VMS project in Chibougamau, Quebec: The Delta-2 VMS project is 35 kilometres southeast of Chibougamau, Quebec, Delta has three deep gravity anomalies with responses comparable to those over known world-class VMS deposits as well as a minimum of 30 high-priority VTEM conductors to test Drilling is [...]
Delta Resources Ltd. announces a non-brokered private placement financing to raise up to CAD $2,000,000 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 24 months from closing at $0.40. Each National Flow [...]
Delta Resources Ltd. is pleased to announce that it has received a fourth tranche cash payment of $200,000 from Yorkton Ventures for the sale of its Bellechasse-Timmins Gold Deposit in southeastern Quebec, Canada. The terms of the previously announced agreement on July 7, 2020 has been modified by both parties with respect to the balance of payment in the amount of $1,000,000. As per a revised agreement signed on January [...]
Delta Resources Ltd. is pleased to provide its assay results from its April 2021 drilling program at the Delta-1 Gold Property, 50 kilometres west of Thunder Bay, Ontario. A total of 1,376 metres were completed in eight drill holes during this program. Some of the best results from this phase of drilling are shown in the table below : André Tessier, President and CEO commented as follows: "These new results at Delta-1 are [...]
Delta Resources Ltd. is pleased to announce the acquisition of a 100% interest in eight claims in Blackewell, Laurie, Dawson Road Lots and Goldie Townships in Thunder Bay, Ontario and contiguous to the Delta-1 property. The Parties have agreed that Delta make a one-time $6,000 payment and the issue 200,000 common shares of Delta to the Vendor for a 100% interest in the claims free and clear of encumbrances. The Vendor [...]
Delta Resources Ltd. is pleased to provide an update on its ongoing exploration projects in Quebec and Ontario, Canada. Delta-1 Gold project in Thunder Bay, Ontario: Delta is awaiting assay results from its April 2021 drill campaign which consisted of eight drill holes for a total of 1,376 metres. All samples were shipped to the geochemical lab at the end of May and results are anticipated no later than mid-July. An [...]
Delta Resources Ltd. is pleased to announce the results of voting at its Annual and Special Meeting of shareholders held on Monday, June 28, 2021. 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 a gravimetric geophysical survey at its Delta-2 VMS property in Chibougamau, Quebec has located a number of highly prospective anomalies down-dip from a VMS horizon, at depths greater that 300m vertical. The gravimetric survey consisted of 29.9 line-kilometres, covering an area of 4.25 square kilometres, in the south-east portion of the Delta-2 VMS property. The survey area [...]
Delta Resources Ltd. is pleased to announce that it has bought back 50% of a Net Smelter Return royalty held by the Ontario Exploration Corporation , on its Delta-1 Property, by making a cash payment of $35,000. By doing so, Delta has also secured the exclusive right to buy back, at anytime, the remaining 50% NSR royalty held by the OEC, for the additional sum of $50,000. Should Delta elect to purchase the second 50 [...]
Delta Resources Ltd. is pleased to announce that it has optioned the Dollier Property in Chibougamau, Quebec from Cartier Resources Inc. . The Dollier Property is immediately adjacent to the highly prospective VMS property package currently being explored by Delta. Delta shall have the sole and exclusive right to earn a 100% Interest by paying Cartier a non-refundable amount of $10,000 in cash at signing; by completing [...]
Delta Resources Ltd. is pleased to announce that it has completed its drilling program at the Delta-1 Gold Property, 50 kilometres west of Thunder Bay, Ontario. A total of 1,376 metres were completed in eight drill holes during this program. Drilling was aimed at an area north of Deltas' original 2019 drilling, and was designed to test a one-kilometre long area interpreted to be the source of the gold dispersion trail [...]
Delta Resources Ltd. is pleased to announce results from its follow-up drill campaign on its Oli-Gold discovery at the Delta-2 Gold Property in Chibougamau, Quebec. Significant drill results include: 27.93 g/t over 3.3m including 106 g/t over 0.8m 5.74 g/t over 1.8m including 12.2 g/t over 0.6m 12.13 g/t over 3.5m including 56.70 g/t over 0.7m Seven drill holes were completed during this second phase of drilling for a [...]