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 [...]
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 [...]