Delta Resources Provides an Update for Its 2025 Winter Drill Program at the Delta-1 Gold Property
Delta Resources (DTARF) has initiated the first phase of a 10,000-metre drilling program at its Delta-1 Property's Eureka Gold Zone near Thunder Bay, Ontario. The company has completed over 2,600 metres across three drill holes, intersecting wide zones of intense alteration at depths up to 500 metres. The program, which began on January 15, 2025, aims to expand the gold deposit that currently extends over 2.5 kilometres in strike length, from surface to 300 metres depth, with up to 150 metres true width.
The initial drilling phase is scheduled to continue until late-April 2025, after which Delta will evaluate potential second-phase drilling. The company's Delta-1 project spans 315.7 square kilometres, featuring notable drill intercepts including 5.92 g/t Au over 31m and 1.79 g/t Au over 128.5m. Multiple corridors of intense alteration and deformation have been identified along strike and south of the Eureka Gold Zone, presenting potential for additional discoveries.
Delta Resources (DTARF) ha avviato la prima fase di un programma di perforazione di 10.000 metri nella zona aurea Eureka della sua proprietà Delta-1, vicino a Thunder Bay, Ontario. L'azienda ha completato oltre 2.600 metri attraverso tre perforazioni, intersecando ampie zone di intensa alterazione a profondità fino a 500 metri. Il programma, iniziato il 15 gennaio 2025, mira ad ampliare il deposito d'oro che attualmente si estende per oltre 2,5 chilometri in lunghezza, dalla superficie fino a 300 metri di profondità, con una larghezza reale fino a 150 metri.
La fase iniziale di perforazione è programmata per continuare fino alla fine di aprile 2025, dopo di che Delta valuterà la potenziale perforazione della seconda fase. Il progetto Delta-1 dell'azienda si estende su 315,7 chilometri quadrati, con notevoli intercettazioni di perforazione che includono 5,92 g/t Au su 31m e 1,79 g/t Au su 128,5m. Sono stati identificati più corridoi di intensa alterazione e deformazione lungo la strike e a sud della zona aurea Eureka, presentando potenziale per ulteriori scoperte.
Delta Resources (DTARF) ha iniciado la primera fase de un programa de perforación de 10.000 metros en la zona de oro Eureka de su propiedad Delta-1, cerca de Thunder Bay, Ontario. La compañía ha completado más de 2.600 metros a través de tres perforaciones, intersectando amplias zonas de intensa alteración a profundidades de hasta 500 metros. El programa, que comenzó el 15 de enero de 2025, tiene como objetivo expandir el depósito de oro que actualmente se extiende por más de 2,5 kilómetros en longitud, desde la superficie hasta 300 metros de profundidad, con un ancho verdadero de hasta 150 metros.
La fase inicial de perforación está programada para continuar hasta finales de abril de 2025, después de lo cual Delta evaluará la posible perforación de la segunda fase. El proyecto Delta-1 de la compañía abarca 315,7 kilómetros cuadrados, con notables interceptaciones de perforación que incluyen 5,92 g/t Au sobre 31m y 1,79 g/t Au sobre 128,5m. Se han identificado múltiples corredores de intensa alteración y deformación a lo largo de la strike y al sur de la zona de oro Eureka, presentando potencial para descubrimientos adicionales.
델타 리소스 (DTARF)는 온타리오 주 썬더 베이 근처의 델타-1 부지의 유레카 금 광구에서 10,000미터 시추 프로그램의 첫 단계를 시작했습니다. 회사는 세 개의 시추홀을 통해 2,600미터 이상을 완료하였으며, 500미터 깊이에서 강한 변화를 보이는 넓은 영역을 교차했습니다. 2025년 1월 15일에 시작된 이 프로그램은 현재 표면에서 300미터 깊이까지 2.5킬로미터 이상 연장된 금 매장량을 확장하는 것을 목표로 하고 있으며, 실제 폭은 최대 150미터에 이릅니다.
초기 시추 단계는 2025년 4월 말까지 계속될 예정이며, 이후 델타는 2단계 시추 가능성을 평가할 것입니다. 회사의 델타-1 프로젝트는 315.7 제곱킬로미터에 걸쳐 있으며, 31m에서 5.92 g/t Au 및 128.5m에서 1.79 g/t Au를 포함한 주목할 만한 시추 인터셉트가 있습니다. 유레카 금 광구의 남쪽과 방향을 따라 강한 변형과 변형의 여러 통로가 확인되어 추가 발견의 가능성을 제시합니다.
Delta Resources (DTARF) a lancé la première phase d'un programme de forage de 10 000 mètres dans la zone aurifère Eureka de sa propriété Delta-1, près de Thunder Bay, Ontario. L'entreprise a complété plus de 2 600 mètres à travers trois trous de forage, intersectant de larges zones d'altération intense à des profondeurs allant jusqu'à 500 mètres. Le programme, qui a débuté le 15 janvier 2025, vise à étendre le gisement d'or qui s'étend actuellement sur plus de 2,5 kilomètres de longueur, de la surface jusqu'à 300 mètres de profondeur, avec une largeur réelle allant jusqu'à 150 mètres.
La phase de forage initiale est prévue pour se poursuivre jusqu'à fin avril 2025, après quoi Delta évaluera la possibilité d'un forage de seconde phase. Le projet Delta-1 de l'entreprise s'étend sur 315,7 kilomètres carrés, avec des intercepts de forage notables, y compris 5,92 g/t Au sur 31 m et 1,79 g/t Au sur 128,5 m. Plusieurs corridors d'altération intense et de déformation ont été identifiés le long de la direction de la faille et au sud de la zone aurifère Eureka, présentant un potentiel pour des découvertes supplémentaires.
Delta Resources (DTARF) hat die erste Phase eines 10.000-Meter-Bohrprogramms in der Eureka-Goldzone seines Delta-1-Grundstücks in der Nähe von Thunder Bay, Ontario, gestartet. Das Unternehmen hat über 2.600 Meter in drei Bohrlöchern abgeschlossen und dabei weite Zonen intensiver Alteration in Tiefen von bis zu 500 Metern durchteuft. Das Programm, das am 15. Januar 2025 begann, zielt darauf ab, das derzeit über 2,5 Kilometer in Streichenlänge verlaufende Goldvorkommen zu erweitern, das von der Oberfläche bis in eine Tiefe von 300 Metern reicht und eine wahre Breite von bis zu 150 Metern aufweist.
Die erste Bohrphase soll bis Ende April 2025 fortgesetzt werden, nach der Delta potenzielle Bohrungen der zweiten Phase bewerten wird. Das Delta-1-Projekt des Unternehmens erstreckt sich über 315,7 Quadratkilometer und weist bemerkenswerte Bohrinterzeptionen auf, darunter 5,92 g/t Au über 31m und 1,79 g/t Au über 128,5m. Entlang der Streichrichtung und südlich der Eureka-Goldzone wurden mehrere Korridore intensiver Alteration und Deformation identifiziert, die Potenzial für zusätzliche Entdeckungen bieten.
- Significant gold deposit with 2.5km strike length and 300m depth
- Notable high-grade intercepts: 5.92 g/t Au over 31m including 14.8 g/t Au over 11.9m
- Large property size of 315.7 square kilometres with expansion potential
- Strategically located adjacent to Trans-Canada highway
- Assay results pending for current drill holes
- Second phase drilling program not yet confirmed
Kingston, Ontario--(Newsfile Corp. - February 20, 2025) - Delta Resources Limited (TSXV: DLTA) (OTCBB: DTARF) (FSE: 6G01) ("Delta" or "The Company"), is pleased to provide an update on its ongoing drill program at the Delta-1 Property, located near Thunder Bay, Ontario.
On January 15, 2025, Delta commenced the first phase of a 10,000-metre drilling program at the Eureka Gold Zone. The primary objective of this program is to expand the gold inventory at the deposit, which now extends over a strike length of 2.5 kilometres, from surface to a vertical depth of 300 metres and with a true width of up to 150 metres.
Delta is currently drilling its fourth hole of the program, having completed just over 2,600 metres of drilling to date. Drill holes D1-25-117, 118A, and 119A have all intersected wide zones of intense alteration including silicification and ankeritization within feldspar-phyric dikes and sedimentary rocks at vertical depths of up to 500 metres. All assays result for these holes are pending.
This initial drilling program is expected to continue until late-April of 2025, at which point Delta will evaluate the potential scope and timing of a second-phase drilling program.
Metal Investor Forum 2025
Delta Resources is pleased to announce its participation in the upcoming Metal Investor Forum, scheduled to take place at the Delta Hotel, located at 75 Lower Simcoe Street in Toronto, Ontario on February 28 and March 1, 2025. Andre Tessier, President and CEO will be presenting on February 28, 2025, during Session 3 at 3:00 PM, moderated by Brian Lundin of the Gold Newsletter. Andre Tessier, President and CEO and Frank Candido, Chairman, will be in attendance to engage investors and industry professionals throughout the event. For more information on the event please visit the following link at https://metalsinvestorforum.com/.
PDAC 2025
Delta Resources is pleased to announce its participation in PDAC 2025, which will take place at the Metro Toronto Convention Centre, located at 255 Front Street in Toronto, Ontario from March 2 to March 5, 2025. Delta's technical team and management representatives will be at Booth #3032. Additionally, Andre Tessier President and CEO will be presenting on Monday, March 3, at 2:55 PM, during the Gold 1 Session at the Investment Hub Theatre. For more information on the event please visit the following link at https://pdac.ca/convention-2025.
Qualified Person
Daniel Boudreau, P.Geo. and Manager of Exploration of Delta Resources Limited, is a Qualified Person as defined by NI-43-101, and will be supervising the drilling program. Mr. Boudreau has reviewed the technical information presented in this press release.
DELTA RESOURCES COMPANY PROFILE
Delta Resources is a Canadian mineral exploration company focused on its Delta-1 project in Ontario, Canada, where the Company discovered a large gold deposit 50 km west of Thunder Bay. The deposit is located at surface and adjacent to the Trans-Canada highway. To date, the gold deposit is 2.5 km in length, from surface to a depth of 300 m. Notable highlights include drill intercepts such as 5.92 g/t Au over 31 m (incl. 14.8 g/t Au over 11.9 m), and 1.79 g/t Au over 128.5 m. The Delta-1 property spans 315.7 square kilometres, with multiple corridors of intense alteration and deformation identified along strike and south of the Eureka Gold Zone-areas that remain underexplored and present strong potential for further discoveries.
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
Andre C. Tessier, President and CEO
Tel: 613-328-1581
atessier@deltaresources.ca
or
Frank Candido, Chairman
Tel: 514-969-5530
fcandido@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. 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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/241599
FAQ
What are the key objectives of Delta Resources' (DTARF) 2025 winter drill program?
How many metres has Delta Resources (DTARF) drilled in its 2025 winter program so far?
What are the notable gold intercepts from Delta Resources' (DTARF) Delta-1 property?
When will Delta Resources (DTARF) complete its initial 2025 drilling program?
What is the total size of Delta Resources' (DTARF) Delta-1 property?
