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Delta Releases Complete 2024 Drilling Results, Eureka Zone in Thunder Bay, Ontario

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Delta Resources has released the final assay results from its 2024 drilling program at the 100% owned Delta-1 Gold project in Thunder Bay, Ontario. The total drilling covered 29 holes and 2 extensions, amounting to 9,286 meters. The highlights include significant gold intercepts such as 1.24 g/t over 22m, 1.01 g/t over 19.1m, and 1.56 g/t over 13.2m in the Eureka Zone.

Noteworthy high-grade results were found in Drill Hole D1-24-90 with 15.94 g/t over 10.0m and D1-24-87 with 22.3 g/t over 0.8m. The drilling extended the mineralized zone to a vertical depth of 300 meters and discovered new high-grade zones in the South Zone.

Delta's President and CEO, André Tessier, highlighted the internal continuity of the gold system and the extension of the mineralized zone to 2.5 kilometers in strike length. The company plans to integrate the data into its geological model to guide future drilling campaigns.

Positive
  • Significant gold intercepts found, including 1.24 g/t over 22m and 1.01 g/t over 19.1m.
  • High-grade results with intercepts such as 15.94 g/t over 10.0m in Drill Hole D1-24-90.
  • Extended mineralized zone to a vertical depth of 300 meters.
  • Discovery of new high-grade zones in the South Zone.
  • Increased strike length of the mineralized zone to 2.5 kilometers.
Negative
  • None.

New Results include: 1.24 g/t Gold over 22m, 1.01 g/t Gold over 19.1m and 1.56 g/t Gold over 13.2m

Kingston, Ontario--(Newsfile Corp. - June 27, 2024) - Delta Resources Limited (TSXV: DLTA) (OTC Pink: DTARF) (FSE: 6GO1) ("Delta" or "the Company") is pleased to provide final assay results from its 2024 drilling program at its 100% owned Delta-1 Gold project. A total of twenty-nine (29) drill holes and two (2) drill hole extensions were completed between January and May 2024 for a total of 9,286 metres (complete results are shown at Table 1).

The objective of the drill campaign was to increase Delta's gold inventory at Delta-1, increase Delta's knowledge of the gold deposit and to expand the deposit size through exploration holes to the east, west and at depth.

Highlights of the Complete Drilling Program: (*) Asterix indicate new results

Best results:

  • Drill Hole D1-24-34ext: 1.09 g/t Au over 21.0 m.
    • Drill Hole D1-24-87: 1.66 g/t Au over 10.5 m.
    • Drill Hole D1-24-88: 1.05 g/t Au over 12.2 m.
    • Drill Hole D1-24-89: 1.03 g/t Au over 16.1 m.
  • Drill Hole D1-24-90: 15.94 g/t Au over 10.0 m.
  • Drill Hole D1-24-95: 1.42 g/t Au over 24.1 m. and 1.68 g/t Au over 9.0 m.
  • Drill Hole D1-24-96: 1.64 g/t Au over 29.5 m.
  • *Drill Hole D1-24-98: 1.01 g/t Au over 19.1 m.
  • *Drill Hole D1-24-106: 1.24 g/t Au over 22.0 m.
  • *Drill Hole D1-24-112: 0.98 g/t Au over 28.0 m. incl. 1.56 g/t Au over 13.2 m.

High-Grade results:

  • Drill Hole D1-24-87: 22.3 g/t Au over 0.8 m.
  • Drill Hole D1-24-89: 9.40 g/t Au over 1.0 m.
  • Drill Hole D1-24-90: 15.94 g/t Au over 10.0 m.

incl. 57.80 g/t Au over 1.0 m. and 99.40 g/t Au over 0.90 m.

  • Drill Hole D1-24-93: 3.71 g/t Au over 3.2 m.
  • Drill Hole D1-24-96: 7.46 g/t Au over 3.5 m.
    • *Drill Hole D1-24-98: 7.43 g/t over Au 1.5 m.
    • *Drill Hole D1-24-107: 26.5 g/t over Au 0.8 m.
    • *Drill Hole D1-24-112: 9.24 g/t over Au 1.0 m.

New high-grade South-Zone intersected in two drill holes:

  • *Drill Hole D1-24-108: 6.25 g/t Au over 1.3 m.
  • *Drill Hole D1-24-109: 11.40 g/t Au over 0.8 m.

Best Intercept to date in the Eastern Zone:

  • *Drill Hole D1-24-100: 0.49 g/t Au over 15.3 m.
  • *Drill Hole D1-24-101: 0.64 g/t Au over 14.0 m.

Zone was Extended to 290-300 metres vertical:

  • Drill Hole D1-24-17ext: 1.18 g/t Au over 12.0 m. (300 m. vertical)
  • Drill Hole D1-24-96: 7.46 g/t Au over 3.5 m. (290 m. vertical)

André Tessier, President, and CEO commented: "With every phase of drilling, Delta is confirming the internal continuity of the gold-mineralized system at the Eureka Zone. Drilling has now extended the zone to a vertical depth of 300 metres vertical with drill holes D1-24-96 and 17 Extension. To the east, drill holes D1-24-100 and 101 returned our best intersections yet in the Deep Blue target, at shallow depths and 180 metres apart. The technical team at Delta is now integrating this new data to the current geological model, to guide our next drilling campaign likely in the fall 2024. Meanwhile, a property-scale exploration program is underway to identify new targets on the newly expanded property that now covers an impressive 220 square kilometres. These are exciting times for Delta and we look forward to providing steady news of our progress."

Cannot view this image? Visit: https://images.newsfilecorp.com/files/8482/214599_96c3b7f214b1abf4_001.jpg

Figure 1: Map showing the location of the drill holes reported in this release.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8482/214599_96c3b7f214b1abf4_001full.jpg

DRILL HOLE NOEasting NorthingElevation (m)AzimuthIncl.Length
 (m)
FROM
 (m)
TO
 (m)
Au
Grade
(g/t)
CORE LENGTH (m)
(UTM Zone 16)
D1-24-34*2903685385357449180-70344.333.00196.000.76163.00
incl.33.0075.501.3142.50
incl.33.0045.002.0812.00
incl.115.50142.001.1126.50
incl.150.00171.001.0921.00
217.00224.101.177.10
D1-24-8729036353852844551804522235.3045.801.6610.50
incl.41.7045.803.634.10
65.5070.901.235.40
102.50121.000.3718.50
192.00192.8022.300.80
D1-24-88290539538526744318045294114.00126.201.0512.20
incl.125.30126.207.240.90
D1-24-89290599.025384971.8455045348169.50171.004.311.50
199.90216.001.0316.10
incl.215.00216.009.401.00
276.00282.001.056.00
294.00313.000.4219.00
D1-24-90290658538519444518045300106.00109.001.383.00
113.00123.0015.9410.00
incl.113.80114.8057.801.00
incl.120.20121.1099.400.90
132.40143.500.6411.10
212.50218.301.605.80
D1-24-91290200538547243518045333236.90246.001.269.10
D1-24-92289882538550043318045228146.80153.001.426.20
D1-24-93289956538549042918048369113.70116.501.622.80
262.10267.502.395.40
incl.263.10266.303.713.20
328.00332.601.334.60
D1-24-94290101538547543418048270196.00239.000.6443.00
incl.199.10232.500.7233.40
259.00267.500.688.50
D1-24-9529015553854764371804326456.6081.500.7624.90
99.25106.900.857.65
143.00157.000.4314.00
165.90167.003.671.10
181.00190.001.689.00
incl.181.00182.0011.501.00
205.30242.101.0836.80
incl.205.30229.401.4224.10
D1-24-96289886538559842718245474225.10242.600.3617.50
358.50388.001.6429.50
incl.384.50388.007.463.50
D1-24-17ext289682538563442118044103.6389.60407.000.8717.40
incl.395.00407.001.1812.00
and399.00401.203.162.20
D1-24-97289190538577242218045420NSR
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FAQ

What were the key results of Delta Resources' 2024 drilling program at the Delta-1 Gold project?

The program yielded significant gold intercepts, including 1.24 g/t over 22m, 1.01 g/t over 19.1m, and 1.56 g/t over 13.2m, with high-grade results such as 15.94 g/t over 10.0m.

What is the significance of the new high-grade zones discovered by Delta Resources in 2024?

The new high-grade zones in the South Zone enhance the potential for additional high-grade gold deposits, complementing the main mineralized zone.

How deep has Delta Resources extended the mineralized zone at the Delta-1 Gold project?

The mineralized zone has been extended to a vertical depth of 300 meters.

What are the future plans for Delta Resources at the Delta-1 Gold project?

Delta plans to integrate the new data into its geological model to guide future drilling campaigns, likely in Fall 2024.

How far has the mineralized zone been extended in the 2024 drilling results?

The mineralized zone has been extended to a strike length of 2.5 kilometers.

DELTA RES LTD

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