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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 (DLTA) has released the results of its 2023 exploration program at the Delta-1 Gold project. The company completed sixty drill holes for a total of 19,620 meters, outlining a gold mineralized zone over 1.8 kilometers long with a true width of up to 100 meters. The gold mineralization is hosted by a structural corridor with intense alteration and high background in gold, which was traced over a strike length of approximately 4.5 kilometers. Delta also traced low-grade gold mineralization over a strike length greater than 600 meters to the east of the main gold mineralized zone. The company has also traced the gold mineralization with a 250-meter step-out drill hole to the west of the gold mineralized zone.
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Delta Resources Limited (DLTA) is a junior exploration company focused on its Delta 1 Gold Deposit in Thunder Bay, Ontario, Canada. The company closed a bought deal financing for $10M CAD and has approximately $7.0M in the treasury. Delta Resources plans to conduct additional drilling in early 2024 and will be participating in the Deutsche Goldmesse Fall Conference in November 2023.
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Delta Resources Limited (DLTA) reported additional final assay results from its second phase of drilling at the Delta-1 Gold project in Ontario. The results include depth extensions, increased gold inventory, and new high-grade zones, indicating the potential for new mineralized zones. The company's President and CEO, André Tessier, expressed optimism for the 2024 drilling program.
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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 $0.13 as of January 23, 2025.
What is the market cap of DELTA RES (DTARF)?
The market cap of DELTA RES (DTARF) is approximately 11.2M.
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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