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Bullboard - Stock Discussion Forum Delta Resources Limited V.DLTA

Alternate Symbol(s):  DTARF

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).... see more

TSXV:DLTA - Post Discussion

Delta Resources Limited > How far away is MEK ?
View:
Post by GoldenIdle on Jul 07, 2023 10:39am

How far away is MEK ?

some more info re claim borders from March 28 


Thunder Bay, Ontario--(Newsfile Corp. - March 28, 2023) - Metals Creek Resources Corp. (TSXV: MEK) (FSE: M1C1) (the "Company" or Metals Creek) is pleased to announce that the Company has acquired an additional 8 claim units thru an option agreement within the Thunder Bay Mining District.

The property is located within the Shebandowan Greenstone Belt, approximately 54 km west of Thunder Bay, Ontario, near Shabaqua Corners and on trend to Delta Resources Delta 1 project. The property has seen very little exploration work.

Surface grab samples taken by the vendors range from nil to 54.51 grammes per tonne (g/t) Gold (Au) with Visible Gold (VG) present. The project is underlain by mafic volcanics with interbedded sediments. Gold mineralization is hosted within an east-west trending zone of pervasive carbonate alteration with associated quartz carbonate veins and pyrite. (Note: The surface grab samples described in this news release are selective by nature and are unlikely to represent average grades of the property. Assay results from the Property in this news release are historical in nature and have not been verified by the Company.)

The eastern boundary of the property is located 1.57 kilometers(km) west of Delta Resources (DLTA) drill hole DL-22-18 which returned an intercept of 5.92 g/t Au over 31m (Source: Delta New Release October 31, 2022). Trenching conducted on Delta's ground 390m east of the property boundary, returned an interval of 2.22 g/t Au over 8m (Source: Delta Resources Website).

Comment by Gutinstincts55 on Jul 07, 2023 10:44am
The Delta1 property is all around Metals Creek Resources - Shabaqua Corners Gold Property & just SW of Mistango.   It's a great buy IMHO. 
Comment by GoldInsect777 on Jul 07, 2023 11:09am
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. 
Comment by Gutinstincts55 on Jul 07, 2023 11:40am
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.  
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