Delta Resources Limited V.DLTA

Who owns what in the SGB

[Gutinstincts55]

I know most here are interested in Delta only.  I personally have taken an interest in the entire Shebandowan Greenstone Belt & have bought up as many different property shares as I can.  I am still super overweight in Delta, then next Goldshore Resources.  I like to get deeeeep into the weeds, talk to CEOs & figure out who all of the players are.  It took some doing, as a lot of this Belt has changed hands over the past couple of years.  This is for DD purposes only & for anyone that may want to do a deeper dive into the area.......

Simplified Basin details
 

 East Zone

Thunder Gold - 10-15M oz potential.  Is it a truly commercial grade will be the question here.

 

Central Zone

Delta Resources - Spectacular early high grade drilling

Mistango - Adjacent to Delta’s north & property line very close to high grade hits.

Metals Creek - Adjacent to Delta’s west.  Very close to high grade hits.

Sky Gold - Two properties adjacent to Delta’s south

 

West Zone

Goldshore Resources -  The most advanced project in the belt.  6M inferred Ozs @ 1.02 G/T.  This is an economic grade in any PM environment.

KesselRun - Adjacent to Goldshore’s west & very close to their positive drilling results

Bold Ventures Inc - Adjacent to Goldshore’s east.

 

Interbane Capital Group - consists of three companies & is now the biggest land position in the belt.  The properties runs West to East along Goldshore & Kesselrun’s northern border.  From West to East the companies are;

Strike Copper

Tashota Resources

Trojan Gold

Two privately owned properties - They are;

Former Rainy Mountain Property

Former SPG Royalties Property

Big Gold Inc - just East of Trojan Gold

Metallica Metals - is just south of the rest in this zone.

[GoldInsect777]

Isn't GSHRs deposit mostly under a lake?

[Gutinstincts55]

As per Brett Richards, CEO an independent NI 43-101 report review by SRK will be out soon & clarify in a positive way any confusion about the deposit.

[Evenkeel123]

Gutinstincts, I look forward to your post on this 43-101 report from SRK.  Since Delta's doscovery and consequent drill holes, the area has lit up out of it''s slumber and all are hoping to be in the right area going forward. Most of those companys you have listed have very little of no working capital for exploration and are likely hopeful for an ammalgamation or takeover. 

[Gutinstincts55]

I don't disagree with your post. Thunder Gold, Delta & Goldshore seem to have the best long term shot at making strides towards a mine.  All of the others were bought with the hopes of M&A having some of these properties further consolidate.  The investment case for most of them is current market cap in this absolutely disgusting Jr PM environment.  It will not take much

[Evenkeel123]

I heard that also, that it is mostely under water, I guess it could be drained if the grades and size are woirth it.  You never know.  Environmental issues may shut that idea down.  We shall see.