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Delta Resources Limited V.DLTA

Alternate Symbol(s):  DTARF

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

Post by Betteryear2on Mar 01, 2023 8:14am
269 Views
Post# 35311845

Delta Continues to Intersect Visible Gold

Delta Continues to Intersect Visible Gold

Kingston, Ontario--(Newsfile Corp. - March 1, 2023) - Delta Resources Limited (TSXV: DLTA) (OTC Pink: DTARF) (FSE: 6GO1("Delta" or "the Company") is pleased to announce preliminary visual observations from its ongoing drill program at the Delta-1 Project, 50 kilometres west of Thunder Bay, Ontario.

The drill program is designed to test the eastern extension of a newly discovered high-grade gold zone previously intersected in drill holes D1-22-18, D1-22-24 and D1-22-25 (press release dated February 9, 2023). To date, eleven drill holes have been completed for a total of 2,975 metres. The mineralized zone has been observed in every drill hole completed so far and visible gold has been observed in five of the eleven drill holes, further extending the mineralized zone for another 400 metres to the east of drill hole D1-22-25 (see Figure 1). Visible gold has been observed prior to cutting the core in drill holes D1-23-30, 31, 33, 34, and 35.

Andr Tessier, President and CEO commented: "The preliminary observations of these most recent drill holes at Delta-1 continue to be extremely encouraging. The mineralized zone keeps extending to the east with indications of higher-grade potential to the east and at depth. The visual identification of native gold and strong alteration over persistent widths, is a great sign, and the team is eagerly awaiting the assay results from these holes."


Delta Continues to Intersect Visible Gold in Multiple Drill Holes at The Delta-1 Project in Thunder Bay, Ontario (newsfilecorp.com)

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