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.

TSXV:DLTA - Post by User

Delta Resources Limited

Bullboard Posts

Comment by glorieuxon May 02, 2010 8:38am

480 Views

Post# 17053330

RE: BREAKING NEWS

So if we read between the lines, the first phase has been very successful. We will probably not get any assays for another month but if the share price starts to rise, you know that someone knows something. Watch volume over the next few weeks as this should tell us what is going on.

On Friday, Cannacord came in and pushed us up to a close of 22.5 by buying at market. Let's see if they are still hungry on Monday. They were the ones behind the PP so they may have more info than we do!

Glorieux

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