Delta Resources Ltd. is pleased to announce the results from a rock channel sampling program carried out this past summer at its Delta-2 Property in Chibougamau, Quebec. The results include channel sampling that was carried out at its Snowfall Gold Discovery Delta has recently signed a drill contract with Miikan Drilling Limited of Chibougamau, Quebec and plans to drill these targets and a number of VMS targets as soon as [...]
Delta Resources Ltd. is pleased to announce that it has signed a drill contract with Miikan Drilling Limited of Chibougamau, Quebec. The contract is for a minimum of 5,000 metres and may extend up to 10,000 metres of NQ core. The drill campaign is for the Delta-2 property in Chibougamau, Quebec where Delta will drill a number of Gold and VMS targets. Drilling is expected to begin in October when a drill becomes available [...]
Delta Resources Ltd. is pleased to announce that it has received a $250,000 cash payment from Yorkton Ventures as a second tranche for the sale of its Bellechasse-Timmins Gold Deposit in southeastern Quebec, Canada and as per the terms of the agreement previously announced on July 7, 2020. To acquire a 100% interest in the Property, Yorkton's remaining cash payments to Delta are as follows: $350,000 cash payment before [...]
Delta Resources Ltd. is pleased to announce that it has completed a non-brokered private placement , by issuing 4,453,569 units of the Company at a price of $0.35 per unit, for gross proceeds of $1,558,749. Each unit consists of one common share and one-half of a common share purchase warrant exercisable for up to 24 months from closing at $0.50. The net proceeds of the financing will primarily be used for exploration [...]
Delta Resources Ltd. is pleased to announce that it has increased its previously announced non-brokered private placement financing to raise up to CAD 2,000,000 from eligible participants through the sale of a minimum of up to 5,714,286 units of the Company at a price of $0.35 per unit. Each unit will consist of one common share and one half of a common share purchase warrant exercisable for up to 24 months from closing [...]
Delta Resources Ltd. announces a non-brokered private placement financing to raise a minimum of CAD 1,000,000 from eligible participants through the sale of a minimum of 2,857,143 units of the Company at a price of $0.35 per unit. Each unit will consist of one common share and one half of a common share purchase warrant exercisable for up to 24 months from closing at $0.50. A finder's fee commensurate with TSX Venture [...]
Delta Resources Ltd. is pleased to welcome Sara Paquet to its Board of Directors. Frank Candido, Chairman of the Board at Delta commented as follows: "We are thrilled to add Sara Paquet to our Board of Directors. Her international experience and deep knowledge and understanding of the economics of exploration will further enhance our commitment to a well-rounded and independent board and help us to market the exceptional [...]
Delta Resources Ltd. is pleased to report that its ongoing mechanical trenching program at the Delta-2 property in Chibougamau, Quebec has uncovered a sulphide-bearing horizon favourable for the presence of Volcanogenic Massive Sulphide mineralization. The favourable horizon coincides with a string of isolated VTEM conductors that represent VMS targets. The target horizon is characterized by the presence of felsic [...]
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. Delta Resources Ltd. 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 [...]
Delta Resources Ltd. is pleased to announce initial results from a rock sampling program at the Snowfall Gold Discovery . In June 2020, Delta geologists with the help of a team of consultants from Laurentia Exploration and local prospectors, carried-out a bedrock mapping and sampling program coupled with boulder tracing at the Delta-2 property in Chibougamau, Quebec. Part of the program covered the site of the Snowfall [...]
Delta Resources Ltd. is pleased to announce that it has received the first cash payment of $100,000 for the sale of the Bellechasse-Timmins Gold Deposit in southeastern Quebec, Canada. In addition, the TSX Venture Exchange has accepted for filing documentation an asset purchase agreement between the Yorkton Ventures affiliate, 9412-1068 Quebec Inc. and Delta Resources Ltd. dated July 3, 2020. Pursuant to the terms of the [...]
Delta Resources Ltd. announces the grant of 1,380,000 stock options to management, the board of directors and consultants. The options are exercisable at $0.26 for 5 years from the date of the grant and vest immediately. Delta Resources Ltd. Frank Candido Chairman of the Board We seek safe harbor. Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this [...]