CA Market News
6日前
Delta Resources Kicks off Largest Exploration Program to Date at the Delta-1 Gold Project, Thunder Bay District, OntarioJune 4, 2026 7:38 AM
NewsfileToronto, Ontario--(Newsfile Corp. - June 4, 2026) - Delta Resources Limited (TSXV: DLTA) (OTC Pink: DTARF) (FSE: 6GO1) ("Delta" or "the Company") is pleased to announce the commencement of its largest field exploration program to date at the Company's flagship Delta-1 Gold Project, located in the Shebandowan Greenstone Belt of northwestern Ontario.The 2026 exploration program is strategically designed to unlock the significant discovery potential across the Company's extensive 340 km² land package while continuing to expand and advance the Eureka Gold Deposit, where additional drilling is planned later this summer. Delta will advance multiple high-priority targets, with initial field activities focused on the highly prospective I-Zone / Crayfish Creek Fault sector, located approximately 18 kilometres southwest of Eureka. The area is supported by several encouraging historical and recent gold results, including drill intercepts of 3.28 g/t Au over 14.6 m reported by Inco Gold (1988-1989) and 4.32 g/t Au over 41 m, 4.53 g/t Au over 14.4 m, and 4.36 g/t Au over 20.4 m reported by Ovalbay (1995). Additionally, a 1,000 kg mini-bulk sample grading 9.9 g/t Au was completed by Mengold in 2008. Recent channel sampling by Delta Resources (2024) returned 1.23 g/t Au over 40.6 m, including 2.12 g/t Au over 12 m and 3.39 g/t Au over 5 m, and 2.40 g/t Au over 16.2 m, including 5.54 g/t Au over 5 m. Recent prospecting and till sampling, combined with the integration of historical geological, geophysical, and geochemical datasets, have identified multiple new high-priority targets, further reinforcing the area's potential to host additional gold discoveries (Figure 1). The exploration program will include systematic geological mapping, prospecting, trenching, and sampling of known gold occurrences, as well as follow-up work on newly identified targets. This disciplined, data-driven approach is expected to enhance target definition, prioritize the most prospective areas, and maximize the potential for new discoveries as the Company advances toward its next phase of exploration success.Delta's exploration program is fully funded, following the recent closing of a $6,562,610 Charity-flow through financing at $0.245 on May 27, 2026. The Company's anticipated corporate funding requirements over the next three years are further supported by the recent option of its Delta-2 property in Chibougamau, Quebec to Troilus Mining ("TLG:TSX") for $8.25M and maintaining a 1% NSR Royalty which closed on February 17, 2026.Ron Kopas, Chief Executive Officer of Delta, commented:"Our 2026 exploration program is designed to unlock value across the Delta-1 Project through the systematic advancement of multiple high-priority targets. Recent work has highlighted significant blue-sky potential across the Project, identifying several compelling opportunities within the highly prospective I-Zone-Crayfish Creek Fault corridorAt the Eureka Gold Deposit, we plan to continue advancing the deposit through additional step-out drilling at both Eureka and Shabaqua, complemented by targeted infill drilling ahead of our maiden mineral resource estimate later this year. We will then look to move the drill in early autumn to the I-Zone / Crayfish Creek Fault sector with our fleshed out targets and expect to keep the drill rig busy throughout the rest of the year.Supported by a strong treasury, an extensive land package, and a robust pipeline of exploration targets, we are excited to commence what we expect will be a highly active and catalyst-rich exploration season.In parallel, the Company continues to advance environmental baseline studies, hydrological monitoring, metallurgical testing, and stakeholder engagement initiatives to support the Project's long-term development objectives. Exploration activities will continue throughout the field season, with results reported as they become available."Figure 1. I-Zone / Crayfish Creek Fault Corridor Map
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8482/300129_7bcc911a84a0bbe5_001full.jpgQualified PersonDaniel Boudreau, P.Geo., Vice President of Exploration at Delta Resources Limited, is the Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical information contained in this news release.About Delta Resources LimitedDelta Resources is a Canadian mineral exploration and development company focused on its Delta-1 Gold Project in Ontario, where it has identified a large, near-surface gold system located approximately 50 km west of Thunder Bay, adjacent to the Trans-Canada Highway.The Eureka Gold Deposit extends over 2.5 km in strike length and to depths exceeding 300 metres, with mineralization observed to approximately 600 metres vertical depth and remaining open in all directions. The property spans 340 km² and hosts multiple prospective mineralized corridors. Highlights include drill intercepts such as 5.92 g/t Au over 31 m (including 14.8 g/t Au over 11.9 m) and 1.79 g/t Au over 128.5 m. Safe Harbour Statement: Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange has neither approved nor disapproved the information contained herein.For Further Information:Frank Candido, Chairman
Tel: 514-969-5530
fcandido@deltaresources.caRon Kopas, CEO
rkopas@deltaresources.caCautionary Note Regarding Forward-Looking Information
Some statements contained in this news release are "forward-looking information" within the meaning of Canadian securities laws. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "believes" or variations of such words and phrases (including negative or grammatical variations) or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotation thereof. Investors are cautioned that forward-looking information is inherently uncertain and involves risks, assumptions and uncertainties that could cause actual facts to differ materially. There can be no assurance that future developments affecting the Company will be those anticipated by management. The forward-looking information contained in this press release constitutes management's current estimates, as of the date of this press release, with respect to the matters covered thereby. We expect that these estimates will change as new information is received. While we may elect to update these estimates at any time, we do not undertake to update any estimate at any particular time or in response to any event.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/300129 Original: Delta Resources Kicks off Largest Exploration Program to Date at the Delta-1 Gold Project, Thunder Bay District, Ontario
CA Market News
1週前
Delta Receives Second Option Payment from Troilus Mining and Showcases Delta-1 Project At ILSG Field TripJune 3, 2026 7:00 AM
NewsfileToronto, Ontario--(Newsfile Corp. - June 3, 2026) - Delta Resources Limited (TSXV: DLTA) (OTC Pink: DTARF) (FSE: 6GO1) ("Delta" or "the Company") is pleased to announce that it has received the 2nd payment on its option of its Chibougamau, Quebec Delta-2 property package to Troilus Mining ("TSX: TLG"). Delta has received the second option payment consisting of 378,788 common shares of Troilus Mining, representing an approximate value of $796,500 at yesterday's closing price.On February 17, 2026, Delta had previously announced the closing of the Option Agreement with Troilus Mining.Highlights include:Up to C$8.25 million in staged cash and/or share payments over three yearsInitial C$1.0 million payment received as at closingNon-dilutive funding expected to support advancement of the Delta-1 Gold Project1.0% Net Smelter Return ("NSR") royalty retained, with long-term exposure to exploration successTroilus to fund all exploration and claims maintenance during the option periodStrong Academic & Industry Interest Highlighted by ILSG Field VisitThe growing interest in the Delta-1 Gold Project was recently highlighted as part of a 'Shebandowan Gold' field trip organized as part of the annual Institute on Lake Superior Geology (ILSG) meeting. The Company hosted 28 geologists and prospectors for a technical field visit that included two separate stops on the Property (Photo 1).The tour provided participants with an opportunity to observe firsthand the geology, alteration systems and structural controls associated with gold mineralization at the I-Zone and Eureka Gold Zone, while also showcasing the broader exploration potential of Delta's 340 km² land package.Ron Kopas, Executive Officer of Delta, commented:"The second payment from Troilus provides us significant non-dilutive hard cash further strengthening our balance sheet and allows us to think not just about our 2026 plans but look into 2027.The extraordinary interest from the ILSG field trip validates our belief that Shebandowan is now "on the map" and this will no doubt continue with our highly prospective 2026 work program. 2026 will be an exciting year for Delta".Photo 1. ILSG 'Shebandowan Gold' field trip stop at the I-ZoneTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8482/299956_45f88ad234e699c2_001full.jpgQualified PersonDaniel Boudreau, P.Geo., Vice President of Exploration at Delta Resources Limited, is the Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical information contained in this news release.About Delta Resources LimitedDelta Resources Limited is a Canadian mineral exploration and development company focused on its Delta-1 Gold Project in Ontario, where it has identified a large, near-surface gold system located approximately 50 km west of Thunder Bay, adjacent to the Trans-Canada Highway.The Eureka Gold Deposit extends over 2.5 km in strike length and to depths exceeding 300 metres, with mineralization observed to approximately 600 metres vertical depth and remaining open in all directions. The property spans 340 km² and hosts multiple prospective mineralized corridors. Highlights include drill intercepts such as 5.92 g/t Au over 31 m (including 14.8 g/t Au over 11.9 m) and 1.79 g/t Au over 128.5 m. Safe Harbour Statement: Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange has neither approved nor disapproved the information contained herein.For Further Information:Frank Candido, Chairman
Tel: 514-969-5530
fcandido@deltaresources.caRon Kopas, CEO
rkopas@deltaresources.caCautionary Note Regarding Forward Looking InformationSome statements contained in this news release are "forward-looking information" within the meaning of Canadian securities laws. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "believes" or variations of such words and phrases (including negative or grammatical variations) or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotation thereof. Investors are cautioned that forward-looking information is inherently uncertain and involves risks, assumptions and uncertainties that could cause actual facts to differ materially. There can be no assurance that future developments affecting the Company will be those anticipated by management. The forward-looking information contained in this press release constitutes management's current estimates, as of the date of this press release, with respect to the matters covered thereby. We expect that these estimates will change as new information is received. While we may elect to update these estimates at any time, we do not undertake to update any estimate at any particular time or in response to any event.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/299956 Original: Delta Receives Second Option Payment from Troilus Mining and Showcases Delta-1 Project At ILSG Field Trip
CA Market News
2週前
Delta Resources Announces Second and Final Closing of an Oversubscribed Premium Charity Flow Through FinancingMay 27, 2026 7:00 AM
NewsfileToronto, Ontario--(Newsfile Corp. - May 27, 2026) - Delta Resources Limited (TSXV: DLTA) (OTC Pink: DTARF) (FSE: 6G01) ("Delta" or "The Company") is pleased to announce that it has closed the second and final tranche of its non-brokered private placement offering (the "Offering"), as previously announced on April 23, 2026. The Company has issued an additional 3,290,498 Charity Flow-Through Units (the "FT Units") for $0.245 per Charity Flow-Through Unit, for aggregate gross proceeds of $806,172 (the "Private Placement").Each FT Unit consists of one flow-through common share of the Company ("FT Share") and one half of one non-flow-through common share purchase warrant ("Warrant"), with each whole Warrant being exercisable to acquire an additional non-flow-through common share of the Company at $0.28 for a period of 30 months from the date of issuance.The upsized agreement announced on April 23, 2026 with Wealth Creation Preservation & Donation Inc. ("WCPD") was for a non-brokered structured private placement offering, consisting of the issuance of up to 26,530,614 Charity Flow-Through Units at a price of $0.245 per FT Unit, to raise gross proceeds of up to $6,500,000.43, each FT Unit consisting of one (1) flow-through common share of the Company and one-half of one non-flow-through common share purchase warrant.With the first and second tranches, Delta has closed a total of 26,786,164 units for gross proceeds of $6,562,610.The gross proceeds raised from the issuance of the FT Units will be used to fund "Canadian exploration expenses" within the meaning of subsection 66.1(6) Income Tax Act (Canada).All securities issued pursuant to the Private Placement are subject to a statutory four-month hold period in Canada. The Company paid finders fees consisting of cash commissions of $11,999.93 and 66,666 compensation warrants to certain eligible 3rd parties, with each compensation warrant entitling the holder thereof to purchase one common share in the capital of the Company at $0.28 per common share for a period of 30 months following the closing of the Offering.The Private Placement is subject to receipt of final approval of the TSX Venture Exchange.Qualified PersonDaniel Boudreau, P.Geo., Vice President of Exploration at Delta Resources Limited, is the Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical information contained in this news release.About Delta Resources LimitedDelta Resources is a Canadian mineral exploration and development company focused on its Delta-1 Gold Project in Ontario, where it has identified a large, near-surface gold system located approximately 50 km west of Thunder Bay, adjacent to the Trans-Canada Highway.The Eureka Gold Deposit extends over 2.5 km in strike length and to depths exceeding 300 metres, with mineralization observed to approximately 600 metres vertical depth and remaining open in all directions. The property spans 340 km² and hosts multiple prospective mineralized corridors.Highlights include drill intercepts such as 5.92 g/t Au over 31 m (including 14.8 g/t Au over 11.9 m) and 1.79 g/t Au over 128.5 m.We seek safe harbor. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange has not approved nor disapproved of the information contained herein.For Further Information:Frank Candido, Chairman
Tel: 514-969-5530
fcandido@deltaresources.caRon Kopas, CEO
rkopas@deltaresources.caCautionary Note Regarding Forward-Looking InformationSome statements contained in this news release are "forward-looking information" within the meaning of Canadian securities laws. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "believes" or variations of such words and phrases (including negative or grammatical variations) or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotation thereof. Investors are cautioned that forward-looking information is inherently uncertain and involves risks, assumptions and uncertainties that could cause actual facts to differ materially. There can be no assurance that future developments affecting the Company will be those anticipated by management. The forward-looking information contained in this press release constitutes management's current estimates, as of the date of this press release, with respect to the matters covered thereby. We expect that these estimates will change as new information is received. While we may elect to update these estimates at any time, we do not undertake to update any estimate at any particular time or in response to any event.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/299016 Original: Delta Resources Announces Second and Final Closing of an Oversubscribed Premium Charity Flow Through Financing
CA Market News
1月前
Delta Resources Announces First Closing of a Premium Charity Flow Through FinancingMay 8, 2026 7:44 AM
NewsfileToronto, Ontario--(Newsfile Corp. - May 8, 2026) - Delta Resources Limited (TSXV: DLTA) (OTC Pink: DTARF) (FSE: 6GO1) ("Delta" or "The Company") is pleased to announce that it has closed the first tranche of its non-brokered private placement offering (the "Offering"), as previously announced on April 23, 2026. The Company has issued 23,495,666 Charity Flow-Through Units (the "FT Units") for $0.245 per Charity Flow-Through Unit, for aggregate gross proceeds of $5,756,438 (the "Private Placement").Each FT Unit consists of one flow-through common share of the Company ("FT Share") and one half of one non-flow-through common share purchase warrant ("Warrant"), with each whole Warrant being exercisable to acquire an additional non-flow-through common share of the Company at $0.28 for a period of 30 months from the date of issuance.The gross proceeds raised from the issuance of the FT Units will be used to fund "Canadian exploration expenses" within the meaning of subsection 66.1(6) Income Tax Act (Canada).All securities issued pursuant to the Private Placement are subject to a statutory four-month hold period in Canada. The Company paid finders fees consisting of cash commissions of $48,928 and 213,267 compensation warrants to certain eligible 3rd parties, with each compensation warrant entitling the holder thereof to purchase one common share in the capital of the Company at $0.28 per common share for a period of 30 months following the closing of the Offering.The Private Placement is subject to receipt of final approval of the TSX Venture Exchange.Qualified PersonDaniel Boudreau, P.Geo., Vice President of Exploration at Delta Resources Limited, is the Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical information contained in this news release.About Delta Resources LimitedDelta Resources is a Canadian mineral exploration and development company focused on its Delta-1 Gold Project in Ontario, where it has identified a large, near-surface gold system located approximately 50 km west of Thunder Bay, adjacent to the Trans-Canada Highway.The Eureka Gold Deposit extends over 2.5 km in strike length and to depths exceeding 300 metres, with mineralization observed to approximately 600 metres vertical depth and remaining open in all directions. The property spans 341.6 km² and hosts multiple prospective mineralized corridors.Highlights include drill intercepts such as 5.92 g/t Au over 31 m (including 14.8 g/t Au over 11.9 m) and 1.79 g/t Au over 128.5 m.We seek safe harbor. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange has not approved nor disapproved of the information contained herein.For Further Information:Frank Candido, Chairman
Tel: 514-969-5530
fcandido@deltaresources.caRon Kopas, CEO
rkopas@deltaresources.caCautionary Note Regarding Forward-Looking InformationSome statements contained in this news release are "forward-looking information" within the meaning of Canadian securities laws. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "believes" or variations of such words and phrases (including negative or grammatical variations) or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotation thereof. Investors are cautioned that forward-looking information is inherently uncertain and involves risks, assumptions and uncertainties that could cause actual facts to differ materially. There can be no assurance that future developments affecting the Company will be those anticipated by management. The forward-looking information contained in this press release constitutes management's current estimates, as of the date of this press release, with respect to the matters covered thereby. We expect that these estimates will change as new information is received. While we may elect to update these estimates at any time, we do not undertake to update any estimate at any particular time or in response to any event.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/296632 Original: Delta Resources Announces First Closing of a Premium Charity Flow Through Financing
CA Market News
1月前
Delta Further Expands Delta-1 Land Package to 341.2 Square Kilometres in Thunder Bay, OntarioApril 27, 2026 7:00 AM
NewsfileToronto, Ontario--(Newsfile Corp. - April 27, 2026) - Delta Resources Limited (TSXV: DLTA) (OTC Pink: DTARF) (FSE: 6GO1) ("Delta" or "the Company") is pleased to announce that it has registered 198 new mining claims contiguous to its flagship Delta-1 Gold Project, located near Thunder Bay, Ontario (Figure 1). These newly acquired claims expand Delta's land package by approximately 44.2 km².With this addition, the Delta-1 Gold Project now encompasses approximately 341.6 km², significantly strengthening Delta's position within the highly prospective and underexplored Shebandowan Greenstone Belt.The expansion captures an additional portion of the late tectonic Kekekuab pluton, which may be linked to gold mineralization in the southern part of the Property. It also encompasses volcanic rocks of the greenstone belt where a major northeast-trending structure coincides with a trend of anomalous Au in till. This strategic expansion enhances the Company's exposure to a district with strong geological potential and further solidifies its position in one of Canada's emerging gold exploration hotbeds.Figure 1: Claim MapTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8482/294307_2d2f8977847d594c_001full.jpgRon Kopas, Chief Executive Officer of Delta, commented:"The Shebandowan Greenstone Belt is rapidly emerging as one of Canada's most dynamic gold exploration areas. We are seeing increased land consolidation as companies position themselves amid growing activity, investment, and interest from major mining companies. We believe our commanding land package, combined with our Eureka Gold Discovery and numerous additional high-priority targets on the property, including the I-Zone sector, provides a Compelling opportunity for significant upside shareholder value creation."We look forward to initiating an intensive regional exploration program at the property once snow conditions permit and the terrain is sufficiently dry to support field operations. The program will include prospecting, trenching, and a till survey designed to complement previous work and provide near-complete geochemical coverage of the property. Additional drilling is planned for late summer."Qualified PersonDaniel Boudreau, P.Geo., Vice President of Exploration at Delta Resources Limited, is the Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical information contained in this news release.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.About Delta Resources LimitedDelta Resources is a Canadian mineral exploration and development company focused on its Delta-1 Gold Project in Ontario, where it has identified a large, near-surface gold system located approximately 50 km west of Thunder Bay, adjacent to the Trans-Canada Highway.The Eureka Gold Deposit extends over 2.5 km in strike length and to depths exceeding 300 metres, with mineralization observed to approximately 600 metres vertical depth and remaining open in all directions. The property spans 341.6 km² and hosts multiple prospective mineralized corridors.Highlights include drill intercepts such as 5.92 g/t Au over 31 m (including 14.8 g/t Au over 11.9 m) and 1.79 g/t Au over 128.5 m. Safe Harbour Statement: Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange has neither approved nor disapproved the information contained herein.For Further Information:Frank Candido, Chairman
Tel: 514-969-5530
fcandido@deltaresources.caRon Kopas, CEO
rkopas@deltaresources.caCautionary Note Regarding Forward-Looking Information
Some statements contained in this news release are "forward-looking information" within the meaning of Canadian securities laws. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "believes" or variations of such words and phrases (including negative or grammatical variations) or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotation thereof. Investors are cautioned that forward-looking information is inherently uncertain and involves risks, assumptions and uncertainties that could cause actual facts to differ materially. There can be no assurance that future developments affecting the Company will be those anticipated by management. The forward-looking information contained in this press release constitutes management's current estimates, as of the date of this press release, with respect to the matters covered thereby. We expect that these estimates will change as new information is received. While we may elect to update these estimates at any time, we do not undertake to update any estimate at any particular time or in response to any event.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/294307
Original: Delta Further Expands Delta-1 Land Package to 341.2 Square Kilometres in Thunder Bay, Ontario
CA Market News
2月前
Delta Resources Announces Premium Charity Flow Through FinancingApril 17, 2026 4:40 PM
NewsfileToronto, Ontario--(Newsfile Corp. - April 17, 2026) - Delta Resources Limited (TSXV: DLTA) (OTC Pink: DTARF) (FSE: 6GO1) ("Delta" or "the Company") is pleased to announce that, subject to all regulatory approvals, the Company has entered into an arrangement with Wealth Creation Preservation & Donation Inc. ("WCPD") for a non-brokered structured private placement offering (the "Offering"), consisting of the issuance of up to 20,408,164 Charity Flow-Through Units (the "Units") at a price of $0.245 per FT Unit, to raise gross proceeds of up to $5,000,000.18, each FT Unit consisting of one (1) flow-through common share ("FT Share") of the Company and one-half of one non-flow-through common share purchase warrant ("Warrant"). Each Warrant will be exercisable to acquire one additional non-flow-through common share of the Company at a price of $0.28 for 30 months following the date of issuance.The Private Placement is subject to approval by the TSX Venture Exchange. The Company will use an amount equal to the gross proceeds received by the Company from the sale of the FT Units, pursuant to the provisions in the Income Tax Act (Canada), to incur eligible "Canadian exploration expenses" that qualify as "flow-through mining expenditures" as both terms are defined in the Income Tax Act (Canada) (the "Qualifying Expenditures") on or before December 31, 2027. The Company plans to use the proceeds from the Offering to conduct further exploration at the Delta 1 property in Thunder Bay, Ontario. The Offering is expected to close on or about April 30, 2026, and is subject to the receipt of all necessary regulatory and other approvals, including, but not limited to, acceptance of the TSX Venture Exchange. The Offered Securities will be subject to a hold period of four months and one day from the closing date of the Offering in accordance with applicable securities laws.Qualified Person
Daniel Boudreau, P.Geo., Vice President of Exploration at Delta Resources Limited, is the Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical information contained in this news release.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.About Delta Resources LimitedDelta Resources is a Canadian mineral exploration and development company focused on its Delta-1 Gold Project in Ontario, where it has identified a large, near-surface gold system located approximately 50 km west of Thunder Bay, adjacent to the Trans-Canada Highway.The Eureka Gold Deposit extends over 2.5 km in strike length and to depths exceeding 300 metres, with mineralization observed to approximately 600 metres vertical depth and remaining open in all directions. The property spans 297 km² and hosts multiple prospective mineralized corridors.We seek safe harbor. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange has not approved nor disapproved of the information contained herein.For Further Information:Frank Candido, Chairman
Tel: 514-969-5530
fcandido@deltaresources.caRon Kopas, CEO
rkopas@deltaresources.caCautionary Note Regarding Forward-Looking InformationSome statements contained in this news release are "forward-looking information" within the meaning of Canadian securities laws. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "believes" or variations of such words and phrases (including negative or grammatical variations) or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotation thereof. Investors are cautioned that forward-looking information is inherently uncertain and involves risks, assumptions and uncertainties that could cause actual facts to differ materially. There can be no assurance that future developments affecting the Company will be those anticipated by management. The forward-looking information contained in this press release constitutes management's current estimates, as of the date of this press release, with respect to the matters covered thereby. We expect that these estimates will change as new information is received. While we may elect to update these estimates at any time, we do not undertake to update any estimate at any particular time or in response to any event.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/293198
Original: Delta Resources Announces Premium Charity Flow Through Financing
CA Market News
2月前
Ronald Kopas Files Early Warning Report Regarding Delta Resources LimitedApril 14, 2026 4:18 PM
NewsfileToronto, Ontario--(Newsfile Corp. - April 14, 2026) - Ronald Kopas (the "Offeror") announces that he has filed an Early Warning Report in accordance with National Instrument 62-103 in respect of his holdings in Delta Resources Limited (the "Company" or "Delta").Between March 2, 2026 and April 13, 2026, Mr. Kopas acquired an aggregate of 2,994,000 common shares of Delta through open market purchases on the TSX Venture Exchange (the "Acquisition"), at an average price of $0.2096 per share, for total consideration of approximately $627,482.50.As a result of the Acquisition, Mr. Kopas now beneficially owns or exercises control or direction over 19,256,572 common shares of the Company, representing approximately 14.11% of the issued and outstanding common shares on a non-diluted basis. On a partially diluted basis, assuming the exercise of warrants and stock options, Mr. Kopas would hold approximately 20.17% of the Company's issued and outstanding shares.Immediately prior to the Acquisition, Mr. Kopas owned 16,262,572 common shares, representing approximately 11.91% of the Company's issued and outstanding shares.The Acquisition was made in reliance on the normal course purchase exemption from the formal take-over bid requirements of National Instrument 62-104 Takeover Bids and Issuer Bids found in section 4.1 of the same.The shares were acquired for investment purposes. Mr. Kopas, who is the Chief Executive Officer of Delta, may from time to time increase or decrease his ownership of securities of the Company depending on market conditions and other relevant factors.A copy of the Early Warning Report has been filed on SEDAR+ under Delta Resources Limited's profile and is available for review.Contact:Ronald Kopasrkopas@deltaresources.ca---About Delta Resources LimitedDelta Resources Limited is a Canadian mineral exploration company focused on advancing high-quality exploration projects.---Forward-Looking InformationThis press release may contain forward-looking statements regarding future intentions of the Offeror. Such statements are based on current expectations and are subject to risks and uncertainties that could cause actual results to differ materially.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/292564
Original: Ronald Kopas Files Early Warning Report Regarding Delta Resources Limited
CA Market News
3月前
CEO.CA Insights: Exclusive Interviews from Mining Leaders at PDAC 2026March 20, 2026 7:00 AM
NewsfileToronto, Ontario--(Newsfile Corp. - March 20, 2026) - CEO.CA, the leading investor social network in junior resource and venture stocks, shares comprehensive video coverage from the recent PDAC convention in Toronto, ON, Canada.Founded in 2012, CEO.CA, a wholly owned subsidiary of EarthLabs, Inc., is one of the most popular free financial websites and apps in Canada and for investors globally - with industry leading audience engagement and mobile functionality. Millions of people visit CEO.CA each year to connect with investors from around the world, share knowledge and view impactful stories about stocks, commodities, and emerging companies.As a media partner at investor events around the world, CEO.CA provides coverage of the companies shaping the future of mining, meeting with industry leaders to learn more about their vision and strategy.Get to Know the Leaders Transforming the Future of MiningTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9758/289303_5b6cdcdb7476ea55_001full.jpgTo view the PDAC Conference Interviews, please visit: https://www.youtube.com/watch?v=T0cAdXZUP10&list=PLsD-m-bMQxKbst4Udrum54ymBRMrb-TK7 Battery MetalsPeloton Minerals (CSE: PMC) (OTCQB: PMCCF)St George Mining (ASX: SGQ)Surge Battery Metals (TSXV: NILI) (OTCQX: NILIF) (FSE: DJ5)Copper:Algo Grande Copper (TSXV: ALGR) (OTC Pink: KNDYF) (FSE: KM00)Barksdale Resources (TSXV: BRO) (OTCQB: BRKCF) (FSE: 2NZ)C3 Metals (TSXV: CCCM)Element 29 Resources (TSXV: ECU) (OTCQB: EMTRF) (BVL: ECU)Gunnison Copper (TSX: GCU) (OTCQB: GCUMF) (FSE: 3XS0)Midnight Sun (TSXV: MMA) (OTCQX: MDNGF)Mogotes Metals (TSXV: MOG) (OTCQB: MOGMF) (FSE: OY4)Sendero Resources (TSXV: SEND)Critical MetalsAntimony Resources (CSE: ATMY) (OTCQB: ATMYF) (FSE: K8J0)Nine Mile Metals (CSE: NINE) (OTC PINK: VMSXF) (FSE: KQ9)Scandium Canada (TSXV: SCD)ValOre Metals (TSXV: VO) (OTCQB: KVLQF) (FSE: KEQ0)West High Yield Resources (TSXV: WHY) (FSE: W0H)Gold:Alamos Gold (TSX: AGI) (NYSE: AGI)Amex Exploration (TSXV: AMX) (FSE: MX0) (OTCQX: AMXEF)Bold Ventures (TSXV: BOL)Delta Resources (TSXV: DLTA) (OTC Pink: DTARF) (FSE: 6GO1)Dryden Gold (TSXV: DRY) (OTCQB: DRYGF) (FSE: X7W)Eminent Gold (TSXV: EMNT) (OTCQB: EMGDF) (FSE: 7AB)Emperor Metals (CSE: AUOZ) (OTCQB: EMAUF) (FSE: 9NH)Falco Resources (TSXV: FPC)Golden Cariboo Resources (CSE:GCC) (OTCQB: GCCFF) (WKN: A402CQ) (FSE: 3TZ)McFarlane Lake Mining (CSE: MLM) (OTCQB: MLMLF)Mineros SA (TSX: MSA) (OTCQX: MNSAF) (BVC: MINEROS)Newcore Gold (TSXV: NCAU) (OTCQX: NCAUF)Northstar Gold (CSE: NSG)Ridgeline Minerals (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0)Rua Gold (TSX: RUA) (NZ: RGI) (OTCQX: NZAUF)Talisker Resources (TSX: TSK) (OTCQX: TSKFF)Thesis Gold & Silver (TSXV: TAU) (OTCQX: THSGF) (FSE: A422AH)TomaGold (TSXV: LOT) (OTC Pink: TOGOF)Polymetallic:Aurania Resources (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q)Spartan Metals (TSXV: W) (OTCQB: SPRMF) (FSE: J03)Royalty Streaming:Ecora Resources (LSE: ECOR) (TSX: ECOR) (OTCQX: ECRAF)Electric Royalties (TSXV: ELEC) (OTCQB: ELECF)Silver:GR Silver Mining (TSXV: GRSL) (OTCQX: GRSLF) (FSE: GPE)Honey Badger Silver (TSXV: TUF) (OTCQB: HBEIF)Pinnacle Silver and Gold (TSXV: PINN) (OTCID: PSGCF) (FSE: P9J)Silver Hammer Mining (CSE: HAMR)Silvercorp Metals (TSX: SVM) (NYSE American: SVM)Uranium:Nexus Uranium (CSE: NEXU) (OTCQB: NEXUF) (FSE: JA7)Other:Karen Rees, PDAC PresidentRick Rule, Founder and CEO of Rule Investment MediaAbout CEO.CAThe leading community for investors & traders in junior resource & venture stocks. CEO.CA is one of the most popular free financial websites and apps in Canada and for small-cap investors globally -- with industry leading audience engagement and mobile functionality. Since 2012, CEO.CA has brought millions of investors together from over 164 countries to discuss their portfolio holdings and find new investment opportunities. Download our App on iOS or Android marketplace or visit us today at CEO.CA to set up your free account.CEO.CA is a wholly owned subsidiary of EarthLabs, Inc.For further information, please contact:CEO.CA
Email: hello@ceo.ca
Website: CEO.CANeither the TSX Venture Exchange ("TSXV"), OTC Best Market ("OTCQX") nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.Cautionary StatementThe information regarding any issuer contained or referred to in any interviews conducted by CEO.CA has been furnished by such issuer directly, and neither CEO.CA nor any of its affiliates or principals assumes any responsibility for the accuracy or completeness of such information or for any failure by an issuer to ensure disclosure of events or facts which may affect the significance or accuracy of any such information.No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release contains forward-looking information which involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release may include, but is not limited to, the objectives, goals, future plans, statements regarding exploration results and exploration and/or development plans of companies featured on the CEO.CA platform. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, fluctuations in commodity prices, delays in the development of projects, currency risk and the other risks involved in the applicable exploration and development industry, and those risks set out in the public documents of such companies filed on SEDAR+ or elsewhere from time to time. Undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. CEO.CA disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/289303
Original: CEO.CA Insights: Exclusive Interviews from Mining Leaders at PDAC 2026
CA Market News
3月前
Delta Resources Presents Its 2026 Exploration and Development Strategy Following a Successful PDAC in Toronto, CanadaMarch 11, 2026 7:00 AM
NewsfileToronto, Ontario--(Newsfile Corp. - March 11, 2026) - Delta Resources Limited (TSXV: DLTA) (OTC Pink: DTARF) (FSE: 6GO1) ("Delta" or "the Company") is pleased to present its 2026 exploration strategy and corporate update following a successful week at the Prospectors and Developers Association of Canada ("PDAC") Convention in Toronto. The Company completed a series of multi-day technical and strategic planning sessions ahead of PDAC and focused on advancing and refining its 2026 exploration and development strategy for the Delta-1 Gold Project, located within the Shebandowan Greenstone Belt in the Thunder Bay Mining District of Ontario.The Delta-1 Gold Project, with its flagship Eureka Gold Deposit, is situated in a rapidly emerging gold camp where more than 10 million ounces of gold have already been defined in nearby deposits, highlighting the district's significant endowment and exploration potential (Figure 1). Importantly, this figure does not include the additional potential already identified at Delta's Eureka Gold Deposit, further underscoring the district's significant upside. Majors are actively investing in the area, highlighted by a recent $115.9 million financing for Gold X2's Moss Lake Gold Deposit, of which $72,738,301 was a strategic investment from AngloGold Ashanti. Meanwhile, Agnico Eagle continues to advance the evaluation of its Hammond Reef Gold Deposit.Figure 1: Location of the Delta-1 Gold Project relative to other significant gold assets in the region.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8482/288070_db59b13824981bc9_001full.jpgRon Kopas, Chief Executive Officer of Delta, commented:"During the convention, the Company held numerous constructive discussions with potential strategic partners, technical collaborators, and capital markets participants. The consistent feedback we received highlighted strong market interest in high-quality, district-scale exploration opportunities located in stable mining jurisdictions, and Delta Resources is well positioned, given the advanced stage of its projects to benefit from a significant market re-rating."Following the optioning of the Delta-2 property earlier this year for $8.25 million from Troilus Mining, the Company is now fully focused on advancing the Delta-1 Project and has developed a refined and exciting exploration strategy for 2026. The plan emphasizes disciplined capital allocation and extensive fieldwork in the I-Zone / Crayfish Creek Fault sector, aimed at defining targets that demonstrate the strongest geological potential for drilling later in the season. We also anticipate further in-fill and step-out drilling around the Eureka Gold Discovery and at Shabaqua with the goal of delivering a maiden NI 43-101 Mineral Resource Estimate later in the year."With its large and highly prospective 297 km² land position and the continued advancement of exploration targets at the Delta-1 Project, the Company is well positioned to unlock substantial value as work progresses through 2026 in what has become one of the fastest advancing mining camps in all of Canada."Technical and Strategic Planning SessionsAhead of PDAC, Delta's management and technical teams held multi-day strategic meetings to review recent exploration results and refine the Company's priorities for the coming months. The technical review included a detailed evaluation of drilling results, structural interpretations, and geophysical datasets, with the objective of prioritizing targets with meaningful discovery potential while continuing to expand the Eureka Gold Deposit footprint. The process also included planning for follow-up drilling, field programs, and data acquisition initiatives designed to systematically advance high-priority targets across the project.Advancing the 2026 Exploration PlanThe 2026 exploration program is expected to include a combination of targeted exploration diamond drilling, infill drilling at Eureka and Shabaqua, and follow-up work on priority zones, together with additional geological, geochemical, and geophysical programs designed to improve targeting efficiency and advance the Company's understanding of key mineralized systems across its large land package.An extensive exploration program aimed at demonstrating the potential of the entire I-Zone / Crayfish Creek Fault sector, which runs east-west through the centre of the property, where Delta has recently identified significant till anomalies, is planned to begin as soon as weather permits. The goal of the program is to expand and further characterize the mineralized zones ahead of future near-term drilling. The program will include systematic trenching, mapping, and sampling of several known occurrences where high-grade gold has already been identified, along with systematic prospecting across the broader area and along strike.The Company's geologists have identified several additional prospective targets in the I-Zone / Crayfish Creek Fault sector through detailed compilation and modelling of historic data, review of existing geophysical surveys, and interpretation of geochemical surveys recently carried out by Delta. These targets will all be systematically visited and sampled ahead of anticipated drilling. The I-Zone sector, located approximately 18 km southwest of the Eureka Gold Deposit, represents a highly prospective target area which hosts multiple high-grade gold occurrences. Historical drilling in the area returned several strong high-grade intercepts, including 4.32 g/t Au over 41 m, 4.53 g/t Au over 14.4 m, and 4.36 g/t Au over 20.4 m, reported by Landore Resources between 1995 and 1997. In addition, a mini-bulk sample completed by Mengold Resources in 2008 at the I-Zone trench returned an average grade of 9.9 g/t Au, further highlighting the presence of significant gold mineralization within the zone. These results are historical in nature and are not NI 43-101 compliant, but they underscore the strong exploration potential of the sector.Figure 2: I-Zone Sector Gold OccurrencesTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8482/288070_db59b13824981bc9_002full.jpgProject DevelopmentThe Company continues to take important steps toward advancing the Project while progressively de-risking key technical and environmental aspects. Current initiatives focus on several long-lead workstreams, including ongoing surface water monitoring and hydrology studies to strengthen environmental baseline understanding, as well as comprehensive metallurgical testing aimed at refining processing parameters and project design inputs. In parallel, the Company is continuing to advance its social engagement efforts, maintaining constructive dialogue with local communities and stakeholders to support transparent communication and responsible project development. These activities represent important progress in supporting future technical studies and overall project advancement.Successful PDAC ParticipationManagement and technical representatives of Delta attended the PDAC Convention where the Company conducted a series of productive meetings with existing shareholders, prospective institutional investors, strategic partners, and industry participants. Interest in the Company's Delta-1 Gold Project remains strong, and the conference provided an important platform to strengthen relationships with current stakeholders while introducing Delta's exploration and project development strategy to new audiences.Marketing and Investor RelationsIn the coming months, Delta will actively seek to increase visibility for its Delta-1 Gold Project and the Eureka Gold Discovery within the investment community and the broader mining sector as the Project continues to advance. The Company plans to strengthen its outreach through targeted communications, ongoing engagement with investors and analysts, and participation in key industry events. Delta will be participating in the upcoming Swiss Mining Institute (SMI) Conference, to be held March 18-19, 2026 in Zurich, Switzerland, followed by the NWOPA Exploration Showcase, taking place April 8-9, 2026 in Thunder Bay, Ontario. These events provide valuable platforms to present the Company's progress, engage with investors and industry participants, and further increase awareness of Delta's strategy and project advancements.Delta has retained the services of Spark Newswire. Spark Newswire will provide market awareness and distribution through external and internal email newsletter networks and promotion through social media channels. Spark Newswire will also provide digital content and media through the creation and distribution of investment thesis video content, assistance with press release drafting and distribution, and distribution through Spark Newswire's media and influencer network. Spark Newswire will be retained for a period of 3 months and will receive $25,000 USD. The contract can be renewed through a further agreement by both parties. In addition, Spark Newswire will also receive 250,000 stock options at an exercise price of $0.25 per share.The retention of the IR Consultant on the terms set out in the Investor Relations Agreement is subject to regulatory approval by TSX Venture Exchange.Qualified PersonDaniel Boudreau, P.Geo., Vice President of Exploration at Delta Resources Limited, is the Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical information contained in this news release.About Delta Resources LimitedDelta Resources is a Canadian mineral exploration and project development company focused on its Delta-1 Project in Ontario, where it has discovered a large, near-surface gold deposit located 50 km west of Thunder Bay, directly adjacent to the Trans-Canada Highway. The Eureka Gold Deposit extends over 2.5 km in strike length, from surface to over 300 metres in depth. Highlights include drill intercepts such as 5.92 g/t Au over 31 m (including 14.8 g/t Au over 11.9 m) and 1.79 g/t Au over 128.5 m. Mineralization has been observed up to 600 metres vertical depth and remains open in all directions. The property covers 297 km2 containing multiple corridors of intense alteration and deformation on strike with, and to the south of, the Eureka Gold Zone.Safe Harbour Statement: Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange has neither approved nor disapproved the information contained herein.For Further Information:Frank Candido, Chairman
Tel: 514-969-5530
fcandido@deltaresources.caRon Kopas, CEO
rkopas@deltaresources.caCautionary Note Regarding Forward-Looking InformationSome statements contained in this news release are "forward-looking information" within the meaning of Canadian securities laws. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "believes" or variations of such words and phrases (including negative or grammatical variations) or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotation thereof. Investors are cautioned that forward-looking information is inherently uncertain and involves risks, assumptions and uncertainties that could cause actual facts to differ materially. There can be no assurance that future developments affecting the Company will be those anticipated by management. The forward-looking information contained in this press release constitutes management's current estimates, as of the date of this press release, with respect to the matters covered thereby. We expect that these estimates will change as new information is received. While we may elect to update these estimates at any time, we do not undertake to update any estimate at any particular time or in response to any event.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288070
Original: Delta Resources Presents Its 2026 Exploration and Development Strategy Following a Successful PDAC in Toronto, Canada
CA Market News
3月前
Delta Identifies Three Significant Gold Anomalies From the 2024-25 I-Zone Sector Till Survey and Reports Drill Results From the Latest Regional Exploration Drill ProgramFebruary 27, 2026 9:18 AM
NewsfileToronto, Ontario--(Newsfile Corp. - February 27, 2026) - Delta Resources Limited (TSXV: DLTA) (OTC Pink: DTARF) (FSE: 6GO1) ("Delta" or "the Company") is pleased to report the preliminary interpretation from the 2024-25 till survey conducted by IOS Géosciences in the I-Zone sector, located approximately 18 kilometres southwest of the Eureka Gold Deposit and about 60 kilometres west of Thunder Bay, Ontario. The till survey, completed in the fall of 2025 (see September 17, 2025 news release), has identified at least three significant gold anomalies and one nickel anomaly, further reinforcing the potential for expansion and new discoveries in the area. Delta is also pleased to report assay results from its most recent regional exploration drill program at the Delta-1 Gold Project.Highlights Include: A sample containing 629 total gold grains (normalized to 10 kg fraction) and an anomalous fine-fraction value of 86.8 ppb Au collected west of the I-Zone, which may reflect an extension of the known I-Zone showing or indicate a previously undiscovered gold occurrence.A sample containing 488 normalized gold grains collected from an area with no known historical gold occurrences, approximately 3 km northeast of I-Zone, hosted within a distinct geological package.A sample containing 152 normalized gold grains, likely derived from the New Road Zone, a known gold occurrence identified by Delta as a high-priority, yet-to-be-drilled exploration target.A large anomalous nickel trend pointing to an area northeast of the I-Zone prospect. Ron Kopas, Chief Executive Officer of Delta, commented:"With the 2024-25 till data and its interpretation now completed, Delta continues to demonstrate district-scale discovery potential beyond the Eureka Gold Deposit. This is most evident in the I-Zone sector, where historic work indicates high-grade gold mineralization in a style distinct from Eureka. In the coming months, we will advance an aggressive follow-up exploration program in the I-Zone area while continuing to accelerate development of the Eureka deposit and nearby priority targets."2024-2025 Till SurveyIn the fall of 2024, Delta initiated a large-scale regional till survey in the western portion of the Delta-1 property, which hosts the I-Zone and associated gold showings. The survey was originally scheduled to resume in the spring of 2025 but was ultimately completed later in the fall. Results from recent till sampling and geochemical interpretation within the I-Zone sector have identified multiple highly anomalous gold and nickel responses, supporting the presence of both known and previously unrecognized mineralized sources in the area.A highly anomalous till sample collected near the I-Zone returned 629 normalized gold grains, along with an anomalous fine-fraction gold value of 86.8 ppb Au. Based on ice-flow indicators and Quaternary interpretation, this anomaly is considered unlikely to have been sourced directly from the existing I-Zone trench. The sample may represent either an extension of the known I-Zone gold showing or a previously undiscovered gold occurrence proximal to the I-Zone.A second anomalous sample returned 488 normalized gold grains and was collected from an area with no known historical gold occurrences. This sample is hosted within a distinct geological package separate from the I-Zone, suggesting the presence of an additional, previously unrecognized gold-bearing system within the broader project area.A third anomalous sample returned 152 normalized gold grains and is interpreted to be derived from the New Road Zone, a known gold occurrence previously identified by Delta Resources as a high-priority exploration target that has not yet been drill tested.In addition to the gold anomalies, compilation of geochemical data has identified a large anomalous nickel trend extending to the northeast of the I-Zone prospect, highlighting an additional exploration vector and supporting the multi-commodity potential of the area.Collectively, these results reinforce the prospectivity of the I-Zone sector and support continued follow-up exploration and target refinement aimed at advancing near-term drill targets.The combined 2024-2025 surveys in the I-Zone sector consisted of 209 sample sites and covered an area of approximately 70 km². The I-Zone sector is located 18 kilometres southwest of the Eureka Gold Deposit and hosts several high-grade gold showings, including historical (non-NI 43-101 compliant) drill intercepts of 4.32 g/t Au over 41.0 metres, 4.53 g/t Au over 14.4 metres, and 4.36 g/t Au over 20.4 metres (Landore Resources, 1995-1997), as well as a 1,000-kg mini-bulk sample (Mengold Resources, 2008) that returned an average grade of 9.9 g/t Au.Figure 1: Map of 2024-2025 Normalized gold grain counts (till, 10 kg)To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8482/285635_deltafig1.jpgDrill ResultsThe 1,386-metre follow-up drill program, consisting of six (6) holes, was designed to further evaluate the gold-bearing system identified by the Company's previously reported intercept of 1.11 g/t Au over 10.3 metres at the Nova Target (see February 4, 2026 news release), to test the extent of associated geophysical anomalies, and to further assess the Wedge Zone and Kaspar Target areas (Figure 2).Multiple samples returned anomalous gold mineralization including: values up to 0.62 g/t Au in D1-26-154 and D1-26-157, further extending Wedge Zone mineralization to the east; values up to 0.5 g/t Au within an 8 m-wide sulphide-bearing iron formation in D1-26-158; anomalous samples in D1-26-156, located 220 m east and along the predicted strike of the Nova Target and anomalous samples from initial drill-testing of the historic Kaspar Zone. Anomalous gold within favorable host rocks confirms a large, active hydrothermal system at Wedge and informs future drill targeting (Table 1)."This phase of drilling demonstrated the presence of anomalous gold within favorable host rocks confirming our geological model and providing critical data to refine targets and improve future drill effectiveness. Encouraging indicators of scale and continuity support clear pathways for continued value creation as exploration advances," commented Dan Boudreau, VP Exploration of Delta.Figure 2: Drill hole location mapTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8482/285635_17225e9b94c268c7_002full.jpgTarget ZoneDrill Hole No.Easting NorthingElevation (m)AzimuthIncl.Length
(m)From
(m)To
(m)Au Grade (g/t)Core Length
(m)(UTM Zone 16)Wedge & NovaD1-26-1542850715385877396180-45.0255.0nsrNova D1-26-1552852545385874405180-45.0252.0nsrD1-26-1562853705385810406180-45.0252.0nsrWedge D1-26-1572848885385836404180-45.0126.0108.4#####0.452.10VTEM anomalyD1-26-1582844105385828411180-45.0201.088.590.500.372.00KasparD1-26-1592838165386000431190-45.0300.0nsrTable 1: Winter 2026 assay results at the Delta-1 Gold ProjectQualified PersonDaniel Boudreau, P.Geo., Vice President of Exploration at Delta Resources Limited, is the Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical information contained in this news release.Analytical Laboratory and QA/QC ProceduresAll till samples were collected by IOS Géosciences. Samples were collected from subsurface till using a combination of hydraulic excavator and hand-shovel methods, depending on overburden conditions. Excavation was employed where necessary to access till beneath historical glacial lake sediments. All samples were logged in the field, collected following procedures consistent with previous surveys on the property, and spatially referenced using UTM NAD83 coordinates. Field operations were supervised by IOS Géosciences to ensure sample integrity and procedural consistency.Fine-fraction (
CA Market News
4月前
Delta Drills 4.18 g/t Au over 17.7 Metres at Eureka and Initiates First Phase of Comprehensive Metallurgical Test Work Program at the Delta-1 Gold Project, Thunder Bay, OntarioFebruary 18, 2026 7:00 AM
NewsfileToronto, Ontario--(Newsfile Corp. - February 18, 2026) - Delta Resources Limited (TSXV: DLTA) (OTC Pink: DTARF) (FSE: 6GO1) ("Delta" or "the Company") is pleased to report assay results from the remaining two holes of its Fall 2025 drilling program and to announce the initiation of a comprehensive preliminary metallurgical test work program at the Delta-1 Project in Thunder Bay, Ontario. Highlights:4.18 g/t Au over 17.7 metres in hole D1-25-1450.91 g/t Au over 16.1 metres in hole D1-25-146Initiation of a comprehensive preliminary metallurgical test work programThe drill holes were designed to support early-stage technical evaluation through infill drilling, while also providing new material for the metallurgical test work program. The holes were strategically positioned within the core of the Eureka Gold Deposit to serve this dual purpose (Figure 1). The results confirm the lateral continuity of mineralization between previous drill holes, an important step in increasing confidence in the mineralization as the Company continues to de-risk the Eureka Gold Deposit. Assay results include 4.18 g/t Au over 17.7 metres, 0.74 g/t Au over 11.7 metres, and 0.89 g/t Au over 13 metres in hole D1-25-145, and 0.91 g/t Au over 16.1 metres and 1.14 g/t Au over 7.3 metres in hole D1-25-146 (Table 1). Both holes were drilled approximately 40 metres from the nearest previously completed hole. Nearby intercepts from prior Delta drilling include 5.92 g/t Au over 31 metres (D1-22-018) and 1.79 g/t Au over 128.5 metres (D1-23-060).Additional material for metallurgical testing was sourced from available coarse assay rejects from previous drill programs. For the complete table of results from the Fall 2025 drill program, please refer to Table 2.Table 1: Reported assay results at the Delta-1 Gold ProjectTarget ZoneDrill Hole No.Easting NorthingElevation (m)AzimuthIncl.Length (m)From (m)To (m)Au Grade (g/t)Core Length (m)(UTM Zone 16)Eureka Infill/ MetallurgyD1-25-145290211.49425385351.937447.6477180-45150.010.4028.104.1817.70
inc.26.2027.2069.901.00
74.3086.000.7411.70
92.00105.000.8913.00D1-25-146290303.52775385331.213451.3481180-45135.068.0084.100.9116.10
inc.78.0079.004.341.00
114.70122.001.147.30 Delta has retained the services of Joe Milbourne, FAusIMM, SME Senior Member, to provide internal technical oversight and guidance for the metallurgical test work program. Mr. Milbourne has over 50 years of experience in metallurgy, mineral processing, and technical project evaluation, with extensive involvement in the advancement of exploration and development-stage mineral projects. He is acting as a technical advisor to the Company and is not considered an independent Qualified Person for the purposes of National Instrument 43-101.Ron Kopas, Chief Executive Officer of Delta (interim), commented:"The initiation of this comprehensive first phase of metallurgical test work represents an important step in advancing the Delta-1 Project, and particularly the Eureka Gold Deposit beyond the exploration stage. The results are expected to provide critical insight into the physical properties, recovery characteristics and processing options, helping to inform future technical and economic studies while continuing to de-risk the project. We are pleased to be working with Mr. Milbourne, whose extensive experience will provide enhanced guidance and technical oversight for the metallurgical test work program.The infill drilling also helps us to further define the high-quality, higher-grade potential starter pit area of the Eureka Gold Deposit as we advance the project on multiple fronts, while continuing to expand the potential of Delta-1 with ongoing property-scale exploration."Figure 1: Map of new 2025 metallurgical/infill drill hole locationsTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8482/284276_3ddc80442470e8d3_001full.jpgA total of approximately 400 kg of material was collected from the three principal gold-bearing lithologies at the Eureka Gold Deposit to produce representative composite samples.Delta has selected Base Metallurgical Laboratories, Ltd. to conduct the planned metallurgical test work program, which will include the following components:Bond Rod Mill Work Index (BRMWI)Bond Ball Mill Work Index (BBMWI)Bond Abrasion Index (BAI)QEMSCAN® Particle Mineral Analysis (PMA)Grind Establishment TestingRougher Flotation TestingCleaner Flotation TestingLeach TestingFive-Stage Diagnostic Leach TestingExtended Gravity Recoverable Gold (E-GRG) TestingAnalytical Protocol and QA/QCChemical analyses reported in this news release were performed by AGAT Laboratories, an independent analytical laboratory accredited to ISO/IEC 17025 by the Standards Council of Canada (SCC). Sample preparation was completed at AGAT's facility in Thunder Bay, Ontario. All sampling and analytical procedures were conducted under a comprehensive Quality Assurance/Quality Control (QA/QC) program, including the insertion and monitoring of certified reference materials (standards), blanks, and duplicate samples.To minimize assay variability associated with the nugget effect from coarse and/or visible gold, the Company implemented the following assaying protocol at Delta-1:Where visible gold is observed in the sample or where the sample is derived from an interpreted mineralized zone, the assay is performed by metallic screening. In this procedure, the entire sample is crushed, and a 1 kg split is pulverized and screened to 106 µm. Both the coarse and fine fractions are analyzed by 50 g fire assay with gravimetric finish at AGAT Laboratories in Thunder Bay, Ontario.Where visible gold is not observed, or where samples are outside of interpreted mineralized zones, an initial assay is performed by 50 g fire assay with ICP-OES finish at the AGAT Laboratory in Thunder Bay, Ontario. If the assay result exceeds 2.0 g/t Au, remaining rejects are pulverized, a 1 kg portion is screened to 106 µm and analyzed by 50 g fire assay with gravimetric finish at the AGAT Laboratory in Thunder Bay, Ontario.NQ-size drill core was sawn lengthwise in half using a diamond blade saw. One half of the core was sampled, placed in sealed and labelled plastic bags, and shipped to AGAT Laboratories for preparation and analysis. The remaining half core was returned to core boxes and retained for reference at Delta's secure core storage facilities. QA/QC materials including blanks and certified standards were inserted into the sample stream at the project site. In addition, routine insertion of accredited blank, duplicate, and certified reference samples was conducted during the analytical process by AGAT Laboratories, providing further independent QA/QC monitoring.Mineralized intervals are calculated using a 0.2 g/t Au cut-off grade. Reported intercepts are constrained to intervals where internal dilution does not exceed 5 m of continuous core grading below the cut-off.Table 2: Fall-2025 assay results at the Delta-1 Gold ProjectTarget ZoneDrill Hole No.Easting NorthingElevation (m)AzimuthIncl.Length (m)From (m)To (m)Au Grade (g/t)Core Length (m)(UTM Zone 16)ShabaquaD1-25-128287738.25385623.933440.1469180-45252.0NSR
D1-25-129287736.95385496.724449.0089180-45261.0240.50247.000.396.50D1-25-1302877395385335.39456.2452180-45238.779.5097.300.4117.80D1-25-131287862.45385505.991449.30150-45102.03.509.800.676.30
33.5035.001.171.50
59.0066.500.367.50
82.20101.000.4018.80D1-25-132287960.45385500.086449.05350-45105.039.0045.100.336.10
96.20103.000.536.80D1-25-133288028.15385594.391440.3793180-45150.046.5057.000.2110.50D1-25-134288023.95385507.833445.6189180-45252.015.5026.001.3710.50
inc.23.0026.004.173.00D1-25-143288147.75385355.827461.2507278-4599.0NSR
D1-25-144287581.15385370.227457.6094180-45249.0236.00240.302.404.30D1-25-147288062.25385522.08445.7838180-4581.07.5016.500.239.00
25.5034.500.309.00D1-25-148287855.85385675.954440.9112180-45201.0119.00146.000.2927.00
* Broad low grade69.00201.000.16132.00D1-25-149286928.75385709.793409.2799180-45210.0NSR
D1-25-150287024.55385740.618408.0964180-45210.045.2057.004.2511.80
inc.45.2046.402.551.20
inc.49.5051.004.061.50
inc.55.0056.0039.301.00
inc.56.0057.001.491.00D1-25-151287362.15385754.002410.6361180-45177.081.7092.000.2310.30Eureka SouthD1-25-135289334.75385198.418453.8116180-45276.021.0026.000.455.00
101.50103.001.401.50D1-25-136288894.45385225.728461.1087180-45231.03.0010.001.327.00
inc.7.709.205.361.50D1-25-137288890.45385078.245457.6307180-45381.0264.50266.005.551.50Southwest Till AnomalyD1-25-138288113.25384511.365459.6469200-45201.0NSR
Eureka WestD1-25-139288901.85385603.262421.3391170-5223186.5094.000.627.50
98.00108.200.2210.20
157.00164.000.277.00
176.00180.100.404.10D1-25-140288369.15385772.332422.4023180-45282.0NSR
D1-25-141288374.45385604.651436.8608180-45174.041.5058.000.2716.50D1-25-142288366.35385504.322442.6626180-45207.058.5070.500.3212.00
108.00118.200.6910.20
149.00152.003.833.00
inc.149.80150.808.081.00Eureka Infill/ MetallurgyD1-25-145290211.55385351.937447.6477180-45150.010.4028.104.1817.70
inc.26.2027.2069.901.00
74.3086.000.7411.70
92.00105.000.8913.00D1-25-146290303.55385331.213451.3481180-45135.068.0084.100.9116.10
inc.78.0079.004.341.00
114.70122.001.147.30WedgeD1-25-152284719.85385829.726433.0359180-45249.0108.00115.000.237.00
* Broad low grade96.1135.500.1539.40D1-25-153285169.45385861.747395.6588180-45246.056.2066.501.1110.30
inc.62.0066.502.034.50 Qualified PersonDaniel Boudreau, P.Geo., Manager of Exploration at Delta Resources Limited, is the Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical information contained in this news release.About Delta Resources LimitedDelta Resources is a Canadian mineral exploration and project development company focused on its Delta-1 Project in Ontario, where it has discovered a large, near-surface gold deposit located 50 kilometres west of Thunder Bay, directly adjacent to the Trans-Canada Highway.
The Eureka Gold Deposit extends 2.5 km in strike length, from surface to over 300 metres in depth. Highlights include drill intercepts such as 5.92 g/t Au over 31 metres (including 14.8 g/t Au over 11.9 metres), and 1.79 g/t Au over 128.5 metres. Mineralization has been observed up to 600 metres vertical depth and remains open in all directions. The property covers 297 square kilometres containing multiple corridors of intense alteration and deformation on strike with, and to the south of, the Eureka Gold Zone, many of which remain under-explored.The property also hosts several high-priority targets which expand the gold potential beyond the Eureka Gold Deposit with exploration continuing to demonstrate strong district-scale upside across multiple targets. Shabaqua Target drilling confirmed higher-grade mineralization in sulphide-rich iron formation and chert, returning 4.25 g/t Au over 11.8 m, 2.4 g/t Au over 4.3 m, and 1.37 g/t Au over 10.5 m, along with broad bulk-tonnage-style mineralization of 0.16 g/t Au over 132 m.I-Zone Target, located 18 km southwest of the Eureka Gold Deposit, hosts strong historical (non-NI 43-101-compliant) high-grade intercepts, including 4.32 g/t Au over 41 m, 4.53 g/t Au over 14.4 m, and 4.36 g/t Au over 20.4 m (Landore Resources, 1995-1997), plus a mini-bulk sample grading 9.9 g/t Au (Mengold Resources, 2008).Wedge Area, located 4 km west of the Eureka Gold Deposit, hosts three distinct targets. Recent drilling expanded the Wedge Zone by nearly 400 m along strike and confirmed continued mineralization, with gold values of up to 0.73 g/t Au. A new mineralization style at the Nova Target returned 1.11 g/t Au over 10.3 m, associated with a 500 m VTEM anomaly. Meanwhile, the Kaspar Target, situated more than 900 m from the currently defined Wedge Zone, yielded high-grade surface samples of 8.72 g/t Au, 4.01 g/t Au, and 1.75 g/t Au.We seek safe harbour. Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange has neither approved nor disapproved the information contained herein.For Further Information:Frank Candido, Chairman
Tel: 514-969-5530
fcandido@deltaresources.caRon Kopas, CEO (interim)
rkopas@deltaresources.caCautionary Note Regarding Forward-Looking InformationSome statements contained in this news release are "forward-looking information" within the meaning of Canadian securities laws. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "believes" or variations of such words and phrases (including negative or grammatical variations) or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotation thereof. Investors are cautioned that forward-looking information is inherently uncertain and involves risks, assumptions and uncertainties that could cause actual facts to differ materially. There can be no assurance that future developments affecting the Company will be those anticipated by management. The forward-looking information contained in this press release constitutes management's current estimates, as of the date of this press release, with respect to the matters covered thereby. We expect that these estimates will change as new information is received. While we may elect to update these estimates at any time, we do not undertake to update any estimate at any particular time or in response to any event.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/284276
Original: Delta Drills 4.18 g/t Au over 17.7 Metres at Eureka and Initiates First Phase of Comprehensive Metallurgical Test Work Program at the Delta-1 Gold Project, Thunder Bay, Ontario
CA Market News
4月前
Delta Reports New Gold Intercept at Nova Target in Wedge Area, 4 Kilometres West of Eureka; Follow-Up Drill Program UnderwayFebruary 4, 2026 7:37 AM
NewsfileToronto, Ontario--(Newsfile Corp. - February 4, 2026) - Delta Resources Limited (TSXV: DLTA) (OTC Pink: DTARF) (FSE: 6GO1) ("Delta" or "the Company") is pleased to announce the discovery of a potential new gold zone in the Wedge area approximately 4 kilometres west of the Eureka Gold Deposit in Thunder Bay, Ontario. Assay results are from an additional two (2) drill holes completed as part of its recent 26-hole, 5,237-metre Fall 2025 diamond drill program. Delta is also pleased to announce the commencement of a 1,400-metre follow-up drill program at the Company's flagship Delta-1 Property, located approximately 50 kilometres west of Thunder Bay, Ontario.Highlights:New gold intercept in hole D1-25-153 at the Nova target (Wedge area), located approximately 450 metres east of the Wedge Zone and 4 km west of the Eureka Gold Deposit, returning 1.11 g/t Au over 10.3 metres.Confirmation of gold mineralization at the Wedge Zone in hole D1-25-152.Follow-up drilling underway at Wedge Zone, Nova Target, and Kaspar Target, supported by enhanced geophysical targeting based on results from a recently completed 194.6 line-kilometre high-resolution, drone-based magnetic survey.Table-1: Reported assay results at the Delta-1 Gold ProjectTarget ZoneDrill Hole No.Easting NorthingElevation (m)AzimuthIncl.Length (m)From (m)To (m)Au Grade (g/t)Core Length (m)(UTM Zone 16)WedgeD1-25-152284719.79045385829.726433.0359180-45249.0108.00115.000.237.00
* Broad low grade 96.1135.500.1539.40D1-25-153285169.39775385861.747395.6588180-45246.056.2066.501.1110.30
inc.62.0066.502.034.50 Ron Kopas, Chief Executive Officer (Interim) of Delta, commented:"The discovery of a potential new gold zone at Nova Target in the Wedge area highlights the exceptional upside for additional significant discoveries across our extensive Delta-1 property. This is particularly encouraging given our success at the Shabaqua Target (see Delta's January 12, 2026 press release), where autumn drilling returned 4.25 grams over 11.8 metres. As we continue to advance the Eureka Gold Deposit through infill and metallurgical work, we believe the ongoing discoveries of additional gold sources on the Delta-1 property, that could be developed synergistically with the Eureka Deposit, continue to strengthen the project economics in this low-cost jurisdiction. This opportunity is further strengthened by our strategic location just 50 km from Thunder Bay, which is an established hub for mining operations in Northern Ontario where we are seeing increasing positive results from neighbouring projects (see recent Goldx2 press release).In addition, we are pleased to announce a follow-up drill program on the heels of this new discovery. With the recent announcement of the $8,250,000 option agreement to monetize our Delta-2 property in Québec, we are well positioned to continue funding our exploration and project development activities. to advance the Delta-1 property."Drill Program Stats:Total number of holes drilled: 26
Metres drilled: 5,237
Number of holes reported here: 2Shabaqua Target: 14 holes (2,474 m) Eureka South: 3 holes (888 m) Eureka West: 4 holes (894 m) Eureka Infill/Met work: 2 holes (285 m) - assays pendingSouth Till Anomaly: 1 hole (201 m) Wedge: 2 holes (495 m)Figure-1: Drill hole location mapTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8482/282665_delta1en.jpgThe Company is reporting results from two of the four remaining drill holes from the 26-hole Fall 2025 program that have not previously been reported. Review and interpretation of the remaining two infill and metallurgical testing drill holes is currently underway, with results expected to be released shortly.Wedge AreaGlacial till sampling conducted by Delta across multiple programs on the Delta-1 property has identified a strong gold anomaly originating from the Wedge area, located approximately 4 km west of the Eureka Gold Deposit. The Wedge area includes the Wedge Zone, the new Nova Target, and the Kaspar Target spanning a distance of almost 1.5 km. The Kaspar Target has the highest single gold grain count in till recorded across the entire area. To date, mineralization within the Wedge area appears to occur in at least two distinct styles, highlighting the strength and complexity of the gold system.Wedge Zone The previously identified Wedge Zone mineralization had minimal drill testing in 2003 and has since been verified by Delta Resources through multiple surface sampling programs conducted in recent years. The zone is characterized by pervasively ankerite-sericite-silica altered felsic to intermediate intrusive rocks with quartz-carbonate veinlets and disseminated pyrite and arsenopyrite. This zone was intersected across 27.3 m in D1-25-152 yielding 0.23 g/t Au over 7 m. D1-25-153, drilled 450 m to the east, also intersected the Wedge zone with isolated grades of up to 0.73 g/t Au. This demonstrates the significant potential for this zone to continue to extend along-strike. Nova TargetA second, and new, style of mineralization, associated with a series of massive pyrite lenses, was observed in drill hole D1-25-153 which yielded a grade of 1.11 g/t Au over 10.3 m. The location of the gold-bearing massive pyrite lenses corresponds with a 500 m long VTEM anomaly running parallel to the regional foliation.The two holes completed in the Wedge Area during the latest program successfully expanded the known extent of the Wedge Zone by almost 400 m to the east, and identified a new style of mineralization, providing an exciting new target to follow up on and further expanding the mineralized footprint in the Wedge area.Kaspar TargetThe Kaspar target is located over 900 m from the original Wedge Zone discovery area and hole D1-25-152. Multiple gold-bearing samples were collected by Delta in one specific area with results including 8.72 g/t Au, 4.01 g/t Au and 1.75 g/t Au. Mineralization is associated with quartz-carbonate veins and disseminated and bands of pyrite in iron formation, chert, and bedded sedimentary rocks Follow-Up Drill ProgramFurther drilling in the Wedge area will focus on, 1) continuing to expand the footprint of the Wedge Zone, 2) testing the extent of the gold-bearing massive pyrite lenses and their association with the strong VTEM anomalies in the area (Nova Target), and 3) drill testing the Kaspar Target.Table-2: Fall-2025 assay results at the Delta-1 Gold ProjectTarget ZoneDrill Hole No.Easting NorthingElevation (m)AzimuthIncl.Length (m)From (m)To (m)Au Grade (g/t)Core Length (m)(UTM Zone 16)ShabaquaD1-25-128287738.25385623.933440.1469180-45252.0NSR
D1-25-129287736.95385496.724449.0089180-45261.0240.50247.000.396.50D1-25-1302877395385335.39456.2452180-45238.779.5097.300.4117.80D1-25-131287862.45385505.991449.30150-45102.03.509.800.676.30
33.5035.001.171.50
59.0066.500.367.50
82.20101.000.4018.80D1-25-132287960.45385500.086449.05350-45105.039.0045.100.336.10
96.20103.000.536.80D1-25-133288028.15385594.391440.3793180-45150.046.5057.000.2110.50D1-25-134288023.95385507.833445.6189180-45252.015.5026.001.3710.50
inc.23.0026.004.173.00D1-25-143288147.75385355.827461.2507278-4599.0NSR
D1-25-144287581.15385370.227457.6094180-45249.0236.00240.302.404.30D1-25-147288062.25385522.08445.7838180-4581.07.5016.500.239.00
25.5034.500.309.00D1-25-148287855.85385675.954440.9112180-45201.0119.00146.000.2927.00
* Broad low grade69.00201.000.16132.00D1-25-149286928.75385709.793409.2799180-45210.0NSR
D1-25-150287024.55385740.618408.0964180-45210.045.2057.004.2511.80
inc.45.2046.402.551.20
inc.49.5051.004.061.50
inc.55.0056.0039.301.00
inc.56.0057.001.491.00D1-25-151287362.15385754.002410.6361180-45177.081.7092.000.2310.30Eureka SouthD1-25-135289334.75385198.418453.8116180-45276.021.0026.000.455.00
101.50103.001.401.50D1-25-136288894.45385225.728461.1087180-45231.03.0010.001.327.00
inc.7.709.205.361.50D1-25-137288890.45385078.245457.6307180-45381.0264.50266.005.551.50Southwest Till AnomalyD1-25-138288113.25384511.365459.6469200-45201.0NSR
Eureka WestD1-25-139288901.85385603.262421.3391170-5223186.5094.000.627.50
98.00108.200.2210.20
157.00164.000.277.00
176.00180.100.404.10D1-25-140288369.15385772.332422.4023180-45282.0NSR
D1-25-141288374.45385604.651436.8608180-45174.041.5058.000.2716.50D1-25-142288366.35385504.322442.6626180-45207.058.5070.500.3212.00
108.00118.200.6910.20
149.00152.003.833.00
inc.149.80150.808.081.00Eureka Infill/ MetallurgyD1-25-145290211.55385351.937447.6477180-45150.0(Pending)D1-25-146290303.55385331.213451.3481180-45135.0(Pending)WedgeD1-25-152284719.85385829.726433.0359180-45249.0108.00115.000.237.00
* Broad low grade96.1135.500.1539.40D1-25-153285169.45385861.747395.6588180-45246.056.2066.501.1110.30
inc.62.0066.502.034.50 Analytical Protocol and QA/QCChemical analyses reported in this news release were performed by AGAT Laboratories, an independent analytical laboratory accredited to ISO/IEC 17025 by the Standards Council of Canada (SCC). Sample preparation was completed at AGAT's facility in Thunder Bay, Ontario. All sampling and analytical procedures were conducted under a comprehensive Quality Assurance/Quality Control (QA/QC) program, including the insertion and monitoring of certified reference materials (standards), blanks, and duplicate samples.To minimize assay variability associated with the nugget effect from coarse and/or visible gold, the Company implemented the following assaying protocol at Delta-1:Where visible gold is observed in the sample or where the sample is derived from an interpreted mineralized zone, the assay is performed by Metallic Screening. In this procedure, the entire sample is crushed, and a 1 kg split is pulverized and screened to 106 µm. Both the coarse and fine fractions are analyzed by 50 g fire assay with gravimetric finish at AGAT Laboratories in Thunder Bay, Ontario.Where visible gold is not observed, or where samples are outside of interpreted mineralized zones, an initial assay is performed by 50 g Fire Assay with ICP-OES finish at the AGAT Laboratory in Thunder Bay, Ontario. If the assay result exceeds 2.0 g/t gold, remaining rejects are pulverized, a 1 kg portion is screened to 106 µm and analyzed by 50 g fire assay with gravimetric finish at the AGAT Laboratory in Thunder Bay, Ontario.NQ-size drill core was sawn lengthwise in half using a diamond blade saw. One half of the core was sampled, placed in sealed and labelled plastic bags, and shipped to AGAT Laboratories for preparation and analysis. The remaining half core was returned to core boxes and retained for reference at Delta's secure core storage facilities. QA/QC materials including blanks and certified standards were inserted into the sample stream at the project site. In addition, routine insertion of accredited blank, duplicate, and certified reference samples was conducted during the analytical process by AGAT Laboratories, providing further independent QA/QC monitoring.Mineralized intervals are calculated using a 0.2 g/t Au cut-off grade. Reported intercepts are constrained to intervals where internal dilution does not exceed 5 metres or more of continuous core returning grades below the cut-off.Qualified PersonDaniel Boudreau, P.Geo., Exploration Manager at Delta Resources Limited, is the Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical information contained in this news release.About Delta Resources LimitedDelta Resources is a Canadian mineral exploration and project development company focused on its Delta-1 project in Ontario, where it has discovered a large, near-surface gold deposit located 50 kilometres west of Thunder Bay, directly adjacent to the Trans-Canada Highway. The Eureka Gold Deposit extends 2.5 km in strike length, from surface to over 300 metres in depth. Highlights include drill intercepts such as 5.92 g/t Au over 31 metres (including 14.8 g/t Au over 11.9 metres), and 1.79 g/t Au over 128.5 metres. Mineralization has been observed up to 600 metres vertical depth and remains open in all directions. The property covers 297 square kilometres containing multiple corridors of intense alteration and deformation on strike with, and to the south of, the Eureka Gold Zone, many of which remain under-explored.Shabaqua TargetDelta's initial phase of drilling at the Shabaqua Target demonstrates the potential for higher-grade gold mineralization beyond the currently defined Eureka footprint. Multiple higher-grade intervals were intersected in sulphide-rich chert and iron formation, including 4.25 g/t Au over 11.8 m in hole D1-25-150, 2.40 g/t Au over 4.30 m in D1-25-144 and 1.37 g/t Au over 10.50 m in D1-25-134. In addition, very broad intervals of low-grade, Eureka-style mineralization remain present in the sedimentary rocks, including hole D1-25-148, which returned 0.16 g/t Au over 132 metres.I-Zone Target The I-Zone sector is located approximately 18 kilometres southwest of the Eureka Gold Deposit and hosts several high-grade gold showings, including historical (non-NI 43-101 compliant) drill intercepts of 4.32 g/t Au over 41.0 metres, 4.53 g/t Au over 14.4 metres, and 4.36 g/t Au over 20.4 metres (Landore Resources, 1995-1997), as well as a 1,000-kilogram mini-bulk sample (Mengold Resources, 2008) that returned an average grade of 9.9 g/t Au.We seek safe harbor. Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange has not approved nor disapproved the information contained herein.For Further Information:Frank Candido, Chairman
Tel: +1-514-969-5530
fcandido@deltaresources.caRon Kopas, CEO (Interim)
rkopas@deltaresources.caCautionary Note Regarding Forward-Looking InformationSome statements contained in this news release are "forward-looking information" within the meaning of Canadian securities laws. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "believes" or variations of such words and phrases (including negative or grammatical variations) or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotation thereof. Investors are cautioned that forward-looking information is inherently uncertain and involves risks, assumptions and uncertainties that could cause actual facts to differ materially. There can be no assurance that future developments affecting the Company will be those anticipated by management. The forward-looking information contained in this press release constitutes management's current estimates, as of the date of this press release, with respect to the matters covered thereby. We expect that these estimates will change as new information is received. While we may elect to update these estimates at any time, we do not undertake to update any estimate at any particular time or in response to any event.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/282665
Original: Delta Reports New Gold Intercept at Nova Target in Wedge Area, 4 Kilometres West of Eureka; Follow-Up Drill Program Underway
CA Market News
4月前
Delta Resources Options Delta-2 Project in Quebec to Troilus Mining Corp. - $8.25M and 1% NSR To Be Paid Over 3 Years If Option Fully ExercisedJanuary 29, 2026 1:58 PM
NewsfileToronto, Ontario--(Newsfile Corp. - January 29, 2026) - Delta Resources Limited (TSXV: DLTA) (OTC Pink: DTARF) (FSE: 6GO1) ("Delta" or the "Company") is pleased to announce that it has entered into an agreement with Troilus Mining Corp. (TSX: TLG) ("Troilus"), pursuant to which Troilus may acquire a 100% undivided interest in Delta's Delta-2 mineral claims (the "Option"), located approximately 35 kilometres southeast of Chibougamau, Québec (the "Option Agreement"). Closing is subject to applicable regulatory approvals (the "Transaction").The Delta-2 property comprises 405 mineral claims covering approximately 21,783 hectares (217.83 square kilometres) (the "Delta-2 Claims") in a well-established mining district that hosts several significant gold and base-metal deposits.Frank Candido, Chairman of Delta, commented:"This agreement represents a strong outcome for Delta shareholders. The Delta-2 property is a large, highly prospective land package in a proven mining district, and this transaction allows us to realize near and medium-term value while retaining meaningful long-term upside through a royalty interest. Troilus has demonstrated technical strength and regional expertise in the Chibougamau area, and we believe they are well positioned to advance the Delta-2 Claims in a disciplined and responsible manner."Ron Kopas, Chief Executive Officer (Interim) of Delta, commented:"The transaction achieves an objective we set ourselves last August and provides Delta with non-dilutive cash and share consideration, strengthening the Company's financial position and allowing management to focus its exploration and development efforts on the highly prospective Delta-1 Gold Property in the Thunder Bay district of Ontario where Delta has already made a significant gold discovery at Eureka, with increasingly prospective resources at a property scale.I am particularly enthused as this will underpin the business for the next three years, beginning with an initial C$2.5 million in 2026. Owing to Delta's low corporate overhead, combined with expected government credits, this provides meaningful, non-dilutive investment capital to advance Delta-1."Key Terms of the Option AgreementUnder the terms of the Option Agreement, Troilus may earn a 100% undivided interest in the Delta-2 Claims by making aggregate payments of $8.25 million to Delta over an option period ending on December 15, 2028 (the "Option Period"). Payments may be made in a combination of cash and common shares of Troilus, at the discretion of Troilus, subject to applicable stock exchange approvals.Key payment milestones include: C$500,000 cash and C$500,000 Cash and/or Shares within 2 business days of the Effective Date (being the date upon which the condition precedent in the Option Agreement is duly satisfied or waived); andAdditional staged payments totaling C$7.25 million through December 15, 2028.If the Option is exercised, Delta will retain a 1.0% net smelter return ("NSR") royalty on the Delta-2 Claims, 50% of which can be re-purchased for CAD$500,000.Troilus will act as operator of the project during the Option Period, funding all required exploration activities and claim maintenance expenditures, while Delta will retain ownership of the Delta-2 Claims unless and until the Option is fully exercised, at Troilus' discretion.Detailed Payment Schedule Amount (C$)Form of PaymentWithin 2 Business Days of Effective Date $500,000Cash onlyWithin 2 Business Days of Effective Date
On or before June 1, 2026 $500,000
$750,000Cash and/or Shares
Cash and/or SharesOn or before December 15, 2026 $750,000Cash and/or SharesOn or before June 1, 2027 $750,000Cash and/or SharesOn or before December 15, 2027 $1,000,000Cash and/or SharesOn or before June 1, 2028 $2,000,000Cash and/or SharesOn or before December 15, 2028 $2,000,000Cash and/or SharesTotal $8,250,000 Strategic RationaleThe Option Agreement provides Delta with significant non-dilutive upside through staged payments and retained royalty exposure, while allowing a well-capitalized and technically experienced operator to advance exploration on the Delta-2 Project.About the Delta-2 ProjectThe Delta-2 Project is located in Québec's prolific Abitibi Greenstone Belt, an established mining jurisdiction with excellent infrastructure, skilled labour availability, and strong community and government support for responsible mineral development.Qualified PersonDaniel Boudreau, P.Geo., Manager of Exploration at Delta Resources Limited, is the Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical information contained in this press release.About Delta Resources LimitedDelta Resources Limited is a Canadian mineral exploration and project development company focused on its Delta-1 project in Ontario, where it has discovered a large, near-surface gold deposit located 50 kilometres west of Thunder Bay, directly adjacent to the Trans-Canada Highway. The Eureka Gold Deposit extends 2.5 km in strike length, from surface to over 300 metres in depth. Highlights include drill intercepts such as 5.92 g/t Au over 31 metres (including 14.8 g/t Au over 11.9 metres), and 1.79 g/t Au over 128.5 metres. Mineralization has been observed up to 600 metres vertical depth and remains open in all directions. The property covers 297 square kilometres containing multiple corridors of intense alteration and deformation on strike with, and to the south of, the Eureka Gold Zone, many of which remain under-explored.Shabaqua TargetDelta's initial phase of drilling at the Shabaqua Target demonstrates the potential for higher-grade gold mineralization beyond the currently defined Eureka footprint. Multiple higher-grade intervals were intersected in sulphide-rich chert and iron formation, including 4.25 g/t Au over 11.8 m in hole D1-25-150, 2.40 g/t Au over 4.30 m in D1-25-144 and 1.37 g/t Au over 10.50 m in D1-25-134. In addition, very broad intervals of low-grade, Eureka-style mineralization remain present in the sedimentary rocks, including hole D1-25-148, which returned 0.16 g/t Au over 132 metres.Wedge TargetThe Wedge Target lies about 4 km west of the Eureka Gold Deposit and 2 km west of the Shabaqua Target. Two holes located approximately 450 metres apart were completed at Wedge during the latest drill program. Assay results are expected to be released shortly, following final review and confirmation of QA/QC compliance.We seek safe harbor. Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange has not approved nor disapproved the information contained herein.For Further Information:Frank Candido, Chairman
Tel: 514-969-5530
fcandido@deltaresources.caRon Kopas, CEO (Interim)
rkopas@deltaresources.caCautionary Note Regarding Forward-Looking InformationSome statements contained in this news release are "forward-looking information" within the meaning of Canadian securities laws. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "believes" or variations of such words and phrases (including negative or grammatical variations) or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotation thereof. Investors are cautioned that forward-looking information is inherently uncertain and involves risks, assumptions and uncertainties that could cause actual facts to differ materially. There can be no assurance that future developments affecting the Company will be those anticipated by management. The forward-looking information contained in this press release constitutes management's current estimates, as of the date of this press release, with respect to the matters covered thereby. We expect that these estimates will change as new information is received. While we may elect to update these estimates at any time, we do not undertake to update any estimate at any particular time or in response to any event.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/282070
Original: Delta Resources Options Delta-2 Project in Quebec to Troilus Mining Corp. - $8.25M and 1% NSR To Be Paid Over 3 Years If Option Fully Exercised
Stock Sumo
6年前
$DLTA $GOLHF News
Delta Reports High Gold Grain Count in Till Sample at Delta-1, Thunder Bay, Ontario \
https://www.otcmarkets.com/stock/GOLHF/news/story?e&id=1668769
Eight of 23 samples returned over 41 gold grains with pristine grains accounting for 78% to 99%.
One sample returned 457 gold grains per 10kg fraction with 95% of the grains being pristine.
KINGSTON, ON / ACCESSWIRE / August 12, 2020 / Delta Resources Limited ("Delta" or "The Company") (TSXV:DLTA) (OTC PINK:GOLHF)(Frankfurt:6G01) is pleased to announce results from a till sampling orientation survey at the Delta-1 Property, 50 kilometres west of Thunder Bay, Ontario.
Gold grains were recovered from every till sample of the survey with eight samples returning between 41 and 457 gold grains (on a normalized 10kg fraction-size sample). With pristine grains accounting for 78% to 99% of the total gold grains. The pristine character of the gold grains indicates that there has been very little transport and hence these samples are interpreted to be proximal to a bedrock source for the gold.
André Tessier, President and CEO commented as follows:
"These are exceptional till results considering the limited number of samples collected, suggesting a very proximal and rich bedrock source. Even more interesting, the glacial trend from this survey coupled with our 2019 drill campaign (approximately 1000 metres in 6 holes) point to the same source for gold mineralization. Delta will be returning to the Delta-1 property in September to follow up and to initiate a property-scale till survey."
The survey was carried-out to determine the effectiveness of till sampling to indicate bedrock sources of gold mineralization at the Delta-1 Project. A total of only 23 till samples were collected in the eastern part of the property to cover an area surrounding the Kasper, Matawin, and Eureka gold occurrences.
Till sample "G" was instrumental in determining the effectiveness of the method as it was collected 35 metres down-ice from the Kasper gold occurrence and was found to contain 209 gold grains /10kg with 99% of the grains being pristine.
Sample A-10, for which the bedrock source is not known, returned 457 gold grains /10kg with 95% of the grains being pristine (see attached photo). Sample A-10, is located at the apex of a dispersion glacial trail (illustrated on the attached map) that points to a 700m long target area along a fault zone trending 080º azimuth located approximately 200m northwest of Delta's 2019 drill program which intersected up to 0.73 g/t gold over 22.0m in a broad zone of altered rocks grading 0.20 g/t gold over 137m (see Delta press release February 26, 2020). .
The complete table of results is as follows (see also the attached map):
Sample
Total Grains Recovered
Grain Morphology
% Pristine
Grains
Grains / 10kg
fraction < 1mm
Pristine
Modified
Reshaped
Till-A
18
13
3
2
72%
11.54
Till-B
6
4
2
0
67%
5.65
Till-C
10
3
5
2
30%
5.96
Till-D
4
1
3
0
25%
3.95
Till-E
8
5
3
0
63%
4.01
Till-F
19
11
5
3
58%
9.32
Till-G
223
221
2
0
99%
209.30
Till-H
4
2
1
1
50%
3.48
A1
6
2
3
1
33%
4.74
A2
44
37
7
0
84%
36.11
A3
40
36
4
0
90%
23.80
A4
73
64
8
1
88%
45.72
A5
43
36
6
1
84%
26.61
A6
46
45
1
0
98%
41.08
A7
11
9
1
1
82%
7.50
A8
38
33
4
1
87%
32.36
A9
116
100
15
1
86%
76.67
A10
418
397
21
0
95%
457.02
A11
12
12
0
0
100%
13.59
A12
7
5
2
0
71%
8.09
A13
58
45
10
3
78%
50.26
A14
107
105
1
1
98%
97.12
A15
115
98
16
1
85%
116.88
https://www.accesswire.com/users/newswire/images/601275/f1ebcbe5-08fb-4436-b627-7cc03498f946.jpeg
Geology map of the eastern part of the Delta-1 property showing the dispersion trail of high gold grain counts leading to a fault zone that is subsidiary to the Shebandowan Shear Zone..
https://www.accesswire.com/users/newswire/images/601275/35367634-57bb-4a9a-8c6b-e795371017e2.png
SEM backscatter image Photo of gold grains from sample A-10 showing the pristine morphology of the grains.
The Delta-1 property is located in the Shebandowan Greenstone Belt and covers a 17km strike extent of the Shebandowan Structural Zone which also hosts the low-grade - high-tonnage Moss Lake gold deposit (Wesdome; WDO:TSX), 50 km to the west.
Sampling and Analytical Protocol
Till Sample Sites were selected based on availability of material and ease of access. Sample acquisition was facilitated by Excavator acquiring the most effective till horizon at or near bedrock interface (down-ice basal lodgement horizon of the oldest till deposit). Sample size varied between 11.6 and 22.5 kg. Samples were collected in new plastic pails, sealed, and shipped for analysis.
Till samples were analyzed by IOS Services Geoscientifiques of Chicoutimi, Quebec using the fully automated scanning electron microscope counting protocol Advanced Recovery Technology for Gold (ARTGold), an exclusive technology for the recovery of gold grains in till. ARTPhot procedure includes sieving (<1mm), concentration with fluidized bed, manual sorting for gold grain >50 microns, automated optical sorting for 20-50 micron and SEM validation of the grains.
All gold grains were extracted from the till samples, confirmed with a chemical analysis of each grain, their sizes were measured and each grain was classified by image analysis as "pristine", "modified" or "reshaped" to estimate the distance the gold grains were transported from their original bedrock source with pristine grains being the closest from the bedrock source.
QA/QC of the gold grain analysis is performed on 10% of the samples by reanalyzing fluidized rejects of the samples.
Qualified Person
Andre C. Tessier, P.Eng and P.Geo. President and CEO of Delta Resources Limited is a Qualified Persons as defined by NI-43-101 and is responsible for the technical information presented in this press release. Mr. Tessier has reviewed the drill core and the analytical results described herein.
About Delta Resources Limited
Delta Resources Limited is a Canadian mineral exploration company focused on growing shareholder value through the acquisition of high-potential gold and base-metal projects in Canada, exploring these projects with state-of-the-art methods, and potentially developing these projects into mines.
Delta is currently exploring its Eureka Gold Discovery in the Thunder Bay area (Delta-1) and its Delta-2 Gold-Polymetallic Property in the Chibougamau Mining District of Quebec.
Delta also owns a 100% interest in the Bellechasse-Timmins gold deposit in southeastern Quebec. On July 3rd, 2020, Delta announced the sale of the Bellechasse-Timmins project.
The Company continues to focus on building upon its strong portfolio of mineral exploration properties with a high potential for economic discoveries in Canada.
ON BEHALF OF THE BOARD OF DELTA RESOURCES LIMITED.
Andre C. Tessier
President, CEO and Director
www.deltaresources.ca
We seek safe harbor. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange has not approved nor disapproved of the information contained herein.
For Further Information:
Delta Resources Limited
Frank Candido, Chairman, VP Corporate Communications
Tel : 514-969-5530
fcandido@deltaresources.ca
or
Andre Tessier, CEO and President
Tel: 613-328-1581
atessier@deltaresources.ca
Cautionary Note Regarding Forward Looking Information
Some statements contained in this news release are "forward looking information" within the meaning of Canadian securities laws. Forward looking information includes, but is not limited to, statements regarding: the samples may be proximal to a rich bedrock source for the gold; the possibility of the same source for gold mineralization; and the initiation of a property-scale till survey in September. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "believes" or variations of such words and phrases (including negative or grammatical variations) or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotation thereof. Investors are cautioned that forward-looking information is inherently uncertain and involves risks, assumptions and uncertainties that could cause actual facts to differ materially. There can be no assurance that future developments affecting the Company will be those anticipated by management. The forward-looking information contained in this press release constitutes management's current estimates, as of the date of this press release, with respect to the matters covered thereby. We expect that these estimates will change as new information is received. While we may elect to update these estimates at any time, we do not undertake to update any estimate at any particular time or in response to any particular event.
SOURCE: Delta Resources Limited