Delta Resources Ltd. is pleased to announce that it has started Phase II of its exploration program at its Delta-2 property in Chibougamau. Phase II consists of mechanical trenching to expose bedrock to surface where it is possible and where initial field work has yielded encouraging results. Initial work in June 2020 focussed on field-proofing of conceptual gold targets and electro-magnetic conductors deemed to be [...]
Delta Resources Ltd. is pleased to announce that it has signed an agreement with Yorkton Ventures Inc. to sell its 100% interest in the Bellechasse-Timmins property in southeastern Quebec for $1,700,000. To acquire a 100% interest in the Property, Yorkton will: Make a $100,000 cash payment within 10 days of signing of a definitive agreement, Make a $250,000 cash payment within 90 days after receiving Exchange Approval [...]
Delta Resources Ltd. is pleased to announce that field work has started at its Delta-2 property in Chibougamau, Quebec. The objective of the field work is to field-proof Delta's new geological interpretation while following-up on new geophysical targets which stem from 220 square kilometres of new, high-resolution VTEM and drone-magnetic surveys in the property area. Drilling these anomalies is planned shortly after the [...]
High-resolution magnetic survey helps delineate and extend early structures known to control gold occurrences in the area. 25 high-priority VTEM conductors identified with potential for VMS deposits. On the basis of the surveys the Company has acquired more strategic ground through staking. Delta Resources Ltd. is pleased to provide an update on its interpretation of geophysical data from a 549 line-kilometre [...]
Delta Resources Ltd. is pleased to announce that it has received notice from Yorkton Ventures that Yorkton will begin drafting the definitive agreement for the sale of Delta's interest in the Bellechasse-Timmins property and associated claims in southeastern Quebec for $1,700,000. As per the terms agreed upon in the LOI signed on March 31, 2020 by both parties, Yorkton has 15 days beginning on April 21, 2020 to provide [...]
Delta Resources Ltd. has granted an extension to Yorkton Ventures Inc. in regards to the Letter of Intent signed by both parties on January 14, 2020 for the sale of its interest in the Bellechasse-Timmins property and associated claims in southeastern Quebec for $1,700,000. As per an amendment agreement signed on March 31, 2020 by both parties, Yorkton will now have until April 20th, 2020 to complete its due diligence on [...]
Delta Resources Ltd. is pleased to announce its final drill results from its first exploratory drilling program at the Delta-1 Property, 50 kilometres west of Thunder Bay, Ontario. Delta completed a total of 1,009 metres of drilling in six drill holes in late November 2019, testing the Eureka Gold Occurrence. Preliminary results were press released on January 8th, 2020 . Current results include additional sampling that [...]
Delta Resources Ltd. is pleased to announce it will be attending PDAC 2020 in Toronto, Ontario. PDAC, the world's premier mineral exploration and mining convention will be held on March 1 through March 3, 2020 at the Toronto Convention Center. Delta Resources will be located at Booth# 3032 in the Investor Exchange. In attendance will be Andre C. Tessier, President, Michel Chapdelaine, VP Exploration and Frank Candido [...]
VTEM results suggest high potential for gold rich VMS deposits Company Acquires More Strategic Ground at Delta-2, and Appoints Frank Candido as its VP Corporate Communications Delta Resources Ltd. is pleased to announce that it has completed its helicopter-borne VTEM survey over the north-east portion of the Delta-2 property in Chibougamau, Quebec, where the Company sees a high potential for gold-rich volcanogenic massive [...]
Delta Resources Ltd. is pleased to announce that it has contracted the services of Geotech Airborne Geophysical Surveys to carry out a 581 line-kilometre Helicopter Borne VTEM survey over part of its Delta-2 property in the Chibougamau area of Quebec. The survey is expected to start during the fourth week of January 2020 and is designed to cover a stratigraphic horizon known to be favourable for the occurrence of [...]
Delta Resources Ltd. is pleased to announce that it has signed a Letter of Intent with Yorkton Ventures Inc. for the sale of its interest in the Bellechasse-Timmins property and associated claims in southeastern Quebec for $1,700,000 subject to a 60 day due diligence period . The agreement is subject to Yorkton completing a legal, technical and environmental due diligence on the Property. If the due diligence is not [...]
Delta Resources Ltd. is pleased to announce that it will be attending the Vancouver Resource Investment Conference to be held on January 19 and 20, 2020 at the Vancouver Convention Centre West. Delta invites investors to visit Booth 1009. Management will be available to discuss the Delta-1 property in Thunder Bay, Ontario and the Delta-2 property in Chibougamau, Quebec in more detail. Delta will also be presenting a [...]