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Delta Resources Limited (DTARF) is a Canadian mineral exploration company with a focus on gold and base-metal projects in Canada. The company recently announced expansion of its drill campaign at the Delta-1 Project, adding to the success of its previous explorations. Delta-1, the flagship project, shows promising results, with gold mineralization defined over a significant strike length. The company's strategic acquisitions and exploration efforts position it as a key player in the mineral exploration sector.
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Delta Resources Limited (TSXV: DLTA) (OTC Pink: DTARF) will be delivering a live corporate update at the 2023 Precious Metals Summit Zurich on November 13th. The Delta 1 Gold Project in Thunder Bay, Ontario, Canada has garnered significant interest. Delta closed a bought deal financing in May 2023 for $10M CAD, with approximately $7.4M in the treasury for the exploration program. Delta has drilled approximately 20,000 metres with 15 drill hole results pending. The Delta property has easy road access and excellent infrastructure.
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Delta Resources Limited provides additional assay results from its second phase of drilling at the Delta-1 Gold project. The results show increased gold inventory, extended mineralized envelope, and new high-grade zones. Delta is excited about the potential of the project.
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Delta Resources provides additional assay results from its second phase of drilling at the Delta-1 Gold project
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Delta Resources Limited provides initial assay results from its second phase of drilling at the Delta-1 Gold project. High-grade gold shoots are being defined within the Alpha and Beta mineralized zones. The Gamma zone has been extended to the surface. A new near-surface gold zone was discovered south-west of Eureka. The Eureka Gold Mineralization corridor was extended another 500 meters to the east. The mineralized area is expanding, grades are improving, and the team is confident in the scale of the mineralized area.
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Delta Resources Limited receives $200,000 grant from OJEP for exploration efforts at Delta-1 property in Thunder Bay, Ontario.
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Delta Resources buys back remaining 50% of NSR Royalty on Delta-1 property for $50,000
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Delta Resources grants 1,863,000 stock options to management, board of directors, employees, and consultants.
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FAQ
What is the current stock price of DELTA RES (DTARF)?
The current stock price of DELTA RES (DTARF) is $0.085 as of December 19, 2024.
What is the market cap of DELTA RES (DTARF)?
The market cap of DELTA RES (DTARF) is approximately 12.5M.
What is Delta Resources Limited focused on?
Delta Resources Limited (DTARF) is focused on mineral exploration with a particular emphasis on gold and base-metal projects in Canada.
What recent announcement did Delta Resources Limited make regarding its exploration campaigns?
Delta Resources Limited recently announced an expansion of its drill campaign at the Delta-1 Project.
Which project serves as Delta Resources Limited's flagship project?
Delta-1 is Delta Resources Limited's flagship project, showing promising results and significant gold mineralization.
How does Delta Resources Limited position itself in the mineral exploration sector?
Through strategic acquisitions and successful exploration efforts, Delta Resources Limited establishes itself as a key player in the mineral exploration sector.
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