Mr. Andre Tessier reports
DELTA ANNOUNCES THE COMPLETION OF A TILL SAMPLING PROGRAM AT THE DELTA-1 GOLD PROJECT IN THUNDER BAY, ONTARIO
Delta Resources Ltd. has completed the field portion of an extensive till sampling program at its Delta-1 gold project, located approximately 50 kilometres west of the city of Thunder Bay, Ont.
The survey consists of a series of sampling fences spaced at every one kilometre to 1.2 kilometres, oriented orthogonal to the dominant local ice-flow direction (here east-west to west-northwest-east-northeast). Samples within each fence are spaced by approximately 300 metres. The survey covers an area of roughly 80 square kilometres and consists of 224 sample sites.
The goal of the 2024 sampling program was to complement and expand on a previous surveys carried out in 2020 (see press release Aug. 12, 2020). The 2020 till survey was highlighted by anomalous gold-grain counts that helped define the footprint of the Eureka zone prior to Delta's 2021 and 2022 drilling programs and helped in the discovery of the Delta-1 gold deposit.
During the summer 2020 survey, a well-defined dispersion trail of gold grains was outlined south of the Eureka gold zone. Within this dispersion trail, 41 to 457 gold grains were recovered from individual samples (on normalized 10-kilogram fraction-size samples). Pristine grains accounted for 78 per cent to 99 per cent of the total gold grains. The pristine character of the gold grains indicated that there had been very little transport and hence the gold grains were interpreted to be proximal to a bedrock source.
The 2020 and 2024 sampling programs were carried out by IOS Geoscientific Services, a leading expert in the field of glacial sediment sampling and geochemistry in Canada.
Andre Tessier, president and chief executive officer, commented: "Delta has now proven the Delta-1 gold property can host a significant orebody with the discovery of the Eureka gold zone. The team is optimistic for the potential of the Shebandowan area at large and is now taking a systematic approach with proven methods to explore the vast area of Delta's newly expanded property."
Initial gold count results (including the morphology of the gold grains) for the first samples are expected later this summer, with follow-up exploration work starting immediately thereafter. Meanwhile, geological mapping and prospecting work is continuing on the newly acquired properties.
Qualified person
Daniel Boudreau, PGeo, manager of exploration at Delta Resources, is a qualified person as defined by National Instrument 43-101 and has reviewed the technical information presented in this press release.
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.
Delta-1 is Delta's flagship project, where the company is building on a large gold inventory 50 kilometres west of Thunder Bay, Ont., at surface and adjacent to the Trans-Canada Highway. To date, the gold mineralization is defined over a strike length of 2.0 kilometres, from surface to a vertical depth of 250 metres. Highlights include drill intercepts such as 5.92 grams per tonne gold over 31 metres (including 14.8 grams per tonne gold over 11.9 metres) and 1.79 grams per tonne gold over 128.5 metres. The property covers 220 square kilometres and Delta has identified a five-kilometre-long corridor of intense alteration and deformation at the property, on strike with the gold zone, that has yet to be thoroughly explored.
The Delta-2 property covers 205 square kilometres in the prolific Chibougamau district of Quebec. The property holds excellent potential for gold-rich polymetallic VMS (volcanogenic massive sulphide) deposits as well as hydrothermal gold deposits. Delta targets VMS deposits such as the LeMoine past producer, where 760,000 tonnes were mined between 1975 and 1983, grading 9.6 per cent zinc, 4.2 per cent copper, 4.5 grams per tonne gold and 84 grams per tonne silver.
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