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Delta Resources Ltd
Symbol DLTA
Shares Issued 136,471,822
Close 2026-04-27 C$ 0.19
Market Cap C$ 25,929,646
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Delta Resources acquires 198 claims next to Delta-1

2026-04-27 16:44 ET - News Release

Mr. Ron Kopas reports

DELTA FURTHER EXPANDS DELTA-1 LAND PACKAGE TO 341.2 SQUARE KILOMETRES IN THUNDER BAY, ONTARIO

Delta Resources Ltd. has registered 198 new mining claims contiguous to its flagship Delta-1 gold project, located near Thunder Bay, Ont. These newly acquired claims expand Delta's land package by approximately 44.2 square kilometres.

With this addition, the Delta-1 gold project now encompasses approximately 341.6 square kilometres, significantly strengthening Delta's position within the highly prospective and underexplored Shebandowan greenstone belt.

The expansion captures an additional portion of the late tectonic Kekekuab pluton, which may be linked to gold mineralization in the southern part of the property. It also encompasses volcanic rocks of the greenstone belt where a major northeast-trending structure coincides with a trend of anomalous gold in till. This strategic expansion enhances the company's exposure to a district with strong geological potential and further solidifies its position in one of Canada's emerging gold exploration hotbeds.

Ron Kopas, chief executive officer of Delta, commented: "The Shebandowan greenstone belt is rapidly emerging as one of Canada's most dynamic gold exploration areas. We are seeing increased land consolidation as companies position themselves amid growing activity, investment and interest from major mining companies. We believe our commanding land package, combined with our Eureka gold discovery and numerous additional high-priority targets on the property, including the I-Zone sector, provides a compelling opportunity for significant upside shareholder value creation.

"We look forward to initiating an intensive regional exploration program at the property once snow conditions permit and the terrain is sufficiently dry to support field operations. The program will include prospecting, trenching and a till survey designed to complement previous work and provide near-complete geochemical coverage of the property. Additional drilling is planned for late summer."

Qualified person

Daniel Boudreau, PGeo, vice-president of exploration at Delta Resources, is the qualified person as defined by National Instrument 43-101, and has reviewed and approved the technical information contained in this news release.

About Delta Resources Ltd.

Delta Resources is a Canadian mineral exploration and development company focused on its Delta-1 gold project in Ontario, where it has identified a large, near-surface gold system located approximately 50 kilometres west of Thunder Bay, adjacent to the Trans-Canada Highway.

The Eureka gold deposit extends over 2.5 km in strike length and to depths exceeding 300 metres, with mineralization observed to approximately 600-metre vertical depth and remaining open in all directions. The property spans 341.6 square kilometres and hosts multiple prospective mineralized corridors.

Highlights include drill intercepts such as 5.92 grams per tonne gold over 31 m (including 14.8 g/t Au over 11.9 m) and 1.79 g/t Au over 128.5 m.

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