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 roadkilllon Jan 10, 2011 12:17am

241 Views

Post# 17946591

large potential exists

With 20kms of fully owned mineralized belt, samples coming in at 3- 4 g/t, and a cash position of $4.8 million as of Dec. 17, 2010, there is a hugh potential making a profit with this one! Sure we'll hit some dips on the way. Its the dips that separate the short-term from the long-term investors. Go ahead and sell on those dips. I'll be selling on the peeks. And I believe the peeks are still to come. MHO.

Bullboard Posts

The top 10 Canadian medical stocks