Mr. Andre Tessier reports

DELTA INTERSECTS 2.16 G/T GOLD OVER 97.5 METRES WITHIN A BROADER INTERVAL OF 1.79 G/T GOLD OVER 128.5 METRES AT DELTA-1 IN THUNDER BAY, ONTARIO

Delta Resources Ltd. has released initial assay results from its second phase of drilling at the Delta-1 gold project located 50 kilometres (km) west of Thunder Bay, Ont.

Results from 23 drill holes have been received so far and the most significant results are shown in an attached table. Delta has completed 44 drill holes so far in this continuing drilling program for a total of 14,955 metres. Delta is completing drill hole D1-23-82 and assay results remain pending for drill holes D1-23-62 to D1-23-82.

Including the early exploration holes drilled in late 2019, less than 25,000 metres of total drilling have been completed by Delta so far at the Delta-1 property.

Highlights:

• High-grade gold shoots are being defined from surface within the Alpha and Beta mineralized zones with drill hole D1-23-60 (1.79 grams per tonne (g/t) over 128.5 metres from 25.5 metres, including 2.16 g/t gold over 97.5 metres from 25.5 m to 123 m).
• The Gamma zone, previously intersected at depth only, has now been extended to surface with drill hole D1-23-53 (1.18 g/t Au over 42 metres from eight metres).
• The Beta zone was extended to a vertical depth of approximately 220 metres, approximately 50 metres east of drill hole D1-23-25 with drill hole D1-23-54 (1.00 g/t Au over 15.0 metres).
• A new, near-surface gold zone was discovered southwest of Eureka with drill holes D1-23-57 (1.39 g/t Au over 3.5 metres) and D1-23-58 (1.34 g/t Au over 5.0 metres). The zone needs further testing.
• Widely spaced drill holes D1-23-40 to D1-23-52 successfully intersected the gold-bearing alteration corridor hosting the Eureka gold mineralization at shallow depths (often referred to as Deep Blue). The corridor was extended another 500 metres to the east with lower-grade intercepts (example: 0.92 g/t Au over 16.4 metres in D1-23-40, 0.58 g/t Au over 30.5 metres in D1-23-43 or 0.30 g/t Au over 48.7 metres). Future drilling is planned to test and locate the high-grade gold shoots within this structure, as defined within the Eureka zone.

Andre Tessier, president and chief executive officer, commented: "More exciting results from Delta-1. Drill hole D1-23-60 was testing an interpreted high-grade ore-shoot and did not disappoint. The mineralized area is expanding in every direction, grades are improving and our drilling has located the strongly altered corridor that hosts the gold mineralization for over 500 metres to the east. As we continue to gain more knowledge about the controls of the gold mineralization, we believe the team will have continued success at hitting the known zones and discovering new zones. Drilling so far has demonstrated the strength of the mineralizing system and we look forward to continue to prove the scale of this mineralized area."

Gold mineralization at Eureka occurs within a 300-metre-to-400-metre-wide corridor of highly altered (ankerite-calcite-silicification and albitization) rocks exhibiting highly anomalous gold values of up to 0.5 g/t gold. Within the high-grade mineralized portions of this corridor, a stockwork of quartz-ankerite-pyrite-gold veinlets is observed. The density of veinlets is generally proportional to gold grade. Three parallel gold zones are generally observed, from north to south: the Alpha, Beta and Gamma zones. The Beta zone is the most significant of the three zones to date but all three zones pinch and swell and locally merge with one another. The gold mineralized zones have so far been intersected for a strike of approximately 1.8 kilometres, with a high-grade portion extending for nearly 950 metres. So far, the downdip length of the mineralized zone is approximately 250 metres (220 metres vertical depth) and is open at depth. Mineralization strikes approximately 100 to 120 degrees azimuth, with a dip of 75 to 80 degrees north. High-grade, wide ore shoots are observed and appear to be plunging approximately 40 degrees toward the west, within this structure. Similar ore shoots are often observed in structurally controlled gold deposits and often occur with a certain periodicity.

The Delta-1 project is located in the Shebandowan greenstone belt and covers a 17-kilometre strike extent of the Shebandowan structural zone.

Analytical protocol and QA/QC (quality assurance/quality control)

Chemical analyses reported in this press release were performed at AGAT Laboratories. AGAT Laboratories is accredited to ISO 17025 by the Standards Council of Canada (SCC). Sample preparation was performed in Thunder Bay, Ont. Sampling and analytical procedures are subject to a comprehensive quality assurance and quality control program that includes duplicate samples, blanks and analytical standards.

The following assaying protocol was adopted at Delta-1 in an attempt to reduce the assay variability due to nugget effect caused by visible gold:

• If visible gold is observed in the sample or within the assumed mineralized zone, the assay is performed by metallic screening whereby the entire sample is crushed, a one-kilogram portion is pulverized and screened to 106 microm and analyzed by 50-gram fire assay with gravimetric finish at the AGAT Laboratory in Thunder Bay, Ont.
• If no visible gold is observed or outside of the mineralized zones, an initial assay is performed by 50-gram fire assay with ICP-OES finish at the AGAT Laboratory in Thunder Bay, Ont. If the assay result exceeds 2.0 g/t gold, remaining rejects are pulverized, a one-kilogram portion is screened to 106 microm and analyzed by 50-gram fire assay with gravimetric finish at the AGAT Laboratory in Thunder Bay, Ont.

NQ-size drill core was sawed in half lengthwise and half of the core was sampled and sealed in clean plastic bags before being shipped for assay. The remaining half of the core was replaced in core boxes and is stored at Delta's core storage facilities. Standards and blanks are inserted in the sequence of samples on site as quality assurance and quality control in addition to the regular insertion of blank, duplicate and standard samples accredited by SGS Canada Minerals Laboratories during the analytical process.

Qualified persons

Daniel Boudreau, PGeo, manager of exploration at Delta Resources, is the qualified persons as defined by National Instrument 43-101. He has supervised the drilling program in the field and reviewed the technical information presented in this press release.

Ontario Junior Exploration Program

Delta Resources would like to acknowledge the financial support provided by the Ontario government through the Ontario Junior Exploration Program (OJEP). Delta will be receiving up to $200,000 upon completion of its exploration program at Delta-1.

About Delta Resources Ltd.

Delta Resources 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.

We seek Safe Harbor.