17:20:56 EDT Fri 03 May 2024
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or Name
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Delta Resources Ltd
Symbol DLTA
Shares Issued 102,088,488
Close 2024-03-07 C$ 0.135
Market Cap C$ 13,781,946
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Delta Resources to drill extra 3,000 m at Delta-1

2024-03-07 11:56 ET - News Release

Mr. Andre Tessier reports

DELTA ADDS UP TO AN ADDITIONAL 3000 METRES TO ITS CURRENT DRILL PROGRAM AT DELTA-1 IN THUNDER BAY, ONTARIO

Delta Resources Ltd. will add up to 3,000 additional metres to its previously announced 5,000-metre drill campaign at the Delta-1 project in Thunder Bay.

Initial results from the first four drill holes and one drill hole extension were announced on March 1, 2024, including 15.94 grams per tonne (g/t) over 10 metres. The 2024 drill campaign is continuing with final assay results still pending.

This drilling program and Delta's future exploration programs in 2024 are fully financed.

In 2023, Delta completed 60 drill holes for a total of 19,620 metres at the Delta-1 project. This brings the total drilling at the property to 86 drill holes or 26,288 metres, since Delta's 2019 acquisition of the project. Other exploration work at the property in 2023 included a geological mapping, prospecting and sampling program that covered approximately 10 square kilometres as well as a three-dimensional induced polarization geophysical survey and a high-resolution drone magnetic survey.

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 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.

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