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Bullboard - Stock Discussion Forum
Delta Resources Limited
V.DLTA
Alternate Symbol(s):
DTARF
Metals & Mining
Industrial Metals & Minerals
Delta Resources Limited is a Canadian mineral exploration company. The Company is focused on the exploration of two gold and base metal projects in Canada. The Company’s flagship project, Delta-1 Property, is located 50 kilometers (km) west of the City of Thunder Bay, Ontario, on the surface and adjacent to the Trans-Canada highway. The property covers approximately 107 square kilometers (km2)....
The Delta-2 property is located roughly 35 km southeast of the town of Chibougamau. Its claims are located within the La Dauversiere, Queylus, Dollier, Charron and Lemoine Townships. The Delta-2 property covers approximately 194 km2 in the prolific Chibougamau District of Quebec. The property holds the potential for gold-rich polymetallic volcanogenic massive sulfide ore (VMS) deposits, as well as hydrothermal-gold deposits. It also has over 21 claims at the Heart of the Delta-2 Property in Chibougamau, Quebec.
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Bullboard (TSXV:DLTA)
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(198)
•••
Evenkeel123
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Post by
Evenkeel123
on Jul 13, 2023 9:29am
Also noted
No share dilution, which is amazing really. Someone was thinking of us, lol. EK
(50)
•••
GoldenIdle
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Comment by
GoldenIdle
on Jul 13, 2023 9:23am
RE:Golden
Looking over the details .. they really wanted property 1 . Complicated deal I can see why it took so long . Market value X 10 ... unheard of . On strike and contiguous!!
Viva Gold: Multiple High-Grade Gold Hits Includes 90 Meters at 2.0 gpt Gold
posted May 05, 2024 9:00am by
Viva Gold Corp.
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|
TG2409 (21.3 meters at 5.1 gpt Au) was drilled as an approximate 40-meter offset to the west of TG2211 (57.9-meters at 5.0 gpt Au commencing at 40 meters depth). TG2408 (18.3 meters at 4.4 gpt Au). TG2407 (89.9 meters@ 2.0 gpt Au). TG2404 (36.6 Meters @ 3.3 gpt Au). “Many geologists go their whole careers without seeing drill results like these ...read more
(198)
•••
Evenkeel123
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Post by
Evenkeel123
on Jul 13, 2023 9:08am
This is the news we have been waiting for
They worked hard to put this land package together, and I would not be surprised if there won't be more in the future. Now we need some assay results and off we go. EK
(0)
•••
PressRelease
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Post by
PressRelease
on Jul 13, 2023 8:35am
New Press Release - Delta Doubles Its Land Position at the Delta-1 Property in Thunder Bay, Ontario
Kingston, Ontario--(Newsfile Corp. - July 13, 2023) - Delta Resources Limited (TSXV: DLTA)(OTC Pink: DTARF) (FSE: 6G01) ("Delta" or "The Company") is pleased to announce that it continues to further expand the Delta-1 property in Thunder Bay, Ontario by doubling its land position.Following the...
read article.
(198)
•••
Evenkeel123
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Post by
Evenkeel123
on Jul 11, 2023 10:36am
Golden
I think the party that Delta wants to acquire wants to see the drill results, namely the last holes not yet released as Delta, presumably, gets closer and closer to the boundry or border.
...more
(50)
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GoldenIdle
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Comment by
GoldenIdle
on Jul 09, 2023 9:54am
RE:I had a conversation with Andre
I can see drill results materially affecting property negotiations. Why provide leverage to the other side ? Negotiations have been ongoing, what's the impasse ? $$$ , net smelter % , shares
...more
(198)
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Evenkeel123
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Post by
Evenkeel123
on Jul 08, 2023 4:06pm
I had a conversation with Andre
Someone can take this over to the CEO board please. Today hole 61 is being drilled today. The company is still in negotiations for the land package that was mentioned in a news release some
...more
(43)
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GoldInsect777
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Post by
GoldInsect777
on Jul 08, 2023 7:28am
Cash excluded market cap of Delta
Total cash position fully diluted is $26 million. Subtract that from the current FD market cap of $41 million, Delta-1 and Delta-2 are trading at a mere $15 million. DYODD...
(50)
•••
GoldenIdle
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Post by
GoldenIdle
on Jul 08, 2023 7:17am
Central banks are accumulating gold here’s china’s stats
China's central bank added 23 tons of gold to its reserves in June, marking an eighth consecutive increase. The country is stockpiling the safe-haven asset amid economic and geopolitical
...more
(198)
•••
Evenkeel123
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Comment by
Evenkeel123
on Jul 07, 2023 3:46pm
RE:RE:Excellent discussion, folks
I think you have a good plan, but be careful. Look at what happened around NFG. All the other plays and companies along the Appleton fault suck big time and are going nowhere. I don&
...more
(217)
•••
Gutinstincts55
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Comment by
Gutinstincts55
on Jul 07, 2023 3:12pm
RE:Excellent discussion, folks
I agree with Delta being the primary play to own. I don't think that is arguable. I also agree on your geology over closeology comment. Mistango believes Delta1 geology spills
...more
(43)
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GoldInsect777
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Comment by
GoldInsect777
on Jul 07, 2023 2:24pm
RE:Excellent discussion, folks
Evenkeel, To me, choosing Delta over all of the other surrounding players is just a no brainer. $11 million in the treasury with another $5 million implied in the warrants/options means that both
...more
(198)
•••
Evenkeel123
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Post by
Evenkeel123
on Jul 07, 2023 1:16pm
Excellent discussion, folks
Yes, it is hard sometimes to pick the right company considering the size of ths area and those who hold land positions. Closeology is no guarantee. I would say geology speaks louder.
...more
(217)
•••
Gutinstincts55
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Comment by
Gutinstincts55
on Jul 07, 2023 11:40am
RE:RE:RE:How far away is MEK ?
It certainly would bea perfect add to Delta-1. So whatever becomes of MEK at it's current MC it's a steal, even if their 86M shares outstanding has to grow w/ dilution.
(43)
•••
GoldInsect777
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Comment by
GoldInsect777
on Jul 07, 2023 11:09am
RE:RE:How far away is MEK ?
MEK has no money to do any serious drilling right now. I'm kinda hoping they do a JV deal with Delta. Would obviously add even more upside for Delta shareholders.
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