Delta Resources Limited V.DLTA

Alternate Symbol(s): DTARF

Metals & Mining Industrial Metals & Minerals

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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Post by Lisanon Jun 04, 2010 2:00pm

324 Views

Post# 17159570

Up with volume

Very good. Now that the last financing is over, there is no more selling pressure. GNH's presence in Vancouver isn't a bad thing either.

I also went on the property a couple of week ago and found out that not only 'Forage Mercier' are drilling on a 24 hours basis but they are way less expensive than the former operator. I saw a lot of gold at the entrance close to 'Rivière aux Castors'.

But it seems to me that something else is going on for I was told that a lot of major players are interested into what is taking place near St-Magloire. Time will tell but by looking at the market, we'll know very soon.

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