Delta Resources Limited V.DLTA

Alternate Symbol(s): DTARF

Metals & Mining Gold

Delta Resources Limited is a mineral exploration company. It is focused on the exploration of two high-potential gold and base-metal projects in Canada. Its flagship project, Delta-1 Property, is located 50 kilometers west of the City of Thunder Bay, Ontario, on the surface and adjacent to the Trans-Canada highway. It has a 100% interest in the Ternowesky property, further expanding its land position at the Delta-1 property in Thunder Bay. The expansive property consists of 443 claim units spanning over seven townships and covering over 93 square kilometers (km2). Its land package covers over 308 square kilometers (km2) in the central portion of the Shebandowan Greenstone Belt. The DELTA-2 property covers 205 km2 in the prolific Chibougamau District of Quebec. The property holds the potential for gold-rich polymetallic VMS deposits, as well as hydrothermal-gold deposits. It also has a 100% interest in the Orebot property and 19 additional claims on strike with the Eureka Gold Deposit.

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Delta Resources Limited

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Comment by heckler73on Aug 29, 2009 9:10pm

310 Views

Post# 16261778

RE: a good assay....

Gold's Price has been forming a "Continuation Wedge"

The lows get higher, with the resistance holding steady...

when the beta gets tight enough, Gold will POP

I suspect that we'll see tight ranges on Gold until the G-20 Econo-meeting in Phili Sept 26th or so...
After that, look out...

But if this Co. doesn't get more pro-active in the NR dept. then it won't show up on the radar for most traders...
It is a PENNY stock, after all, and there are plenty of other players in the field...

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