Welcome to our dedicated page for Delta Res news (Ticker: DTARF), a resource for investors and traders seeking the latest updates and insights on Delta Res stock.
Delta Resources Limited (DTARF) maintains this comprehensive news hub for stakeholders tracking developments at its Delta-1 gold project in Ontario's Eastern Shebandowan Greenstone Belt. Access official press releases and verified updates about exploration programs, drilling results, and strategic land acquisitions.
This resource provides investors with timely information on technical reports, corporate partnerships, and operational milestones. Key updates include NI 43-101 compliant findings, geophysical survey analyses, and property expansion announcements within the company's 300+ km² land package.
Discover critical updates organized by category: Exploration Progress (drilling campaigns, trench sampling results), Corporate Developments (strategic acquisitions, investor relations), and Technical Reports (resource estimates, metallurgical studies). All content undergoes rigorous verification to ensure compliance with Canadian mining disclosure standards.
Bookmark this page for direct access to Delta Resources' latest verified announcements. Combine this resource with the company's regulatory filings for complete insight into its gold exploration strategy and Ontario mining operations.
Delta Resources Limited has announced an increase in its non-brokered private placement financing to raise up to CAD $3,500,000. The financing will involve the sale of Hard Cash Units, National Flow Through Units, and Quebec Flow Through Units, with each type priced at $0.27, $0.31, and $0.34 respectively. The proceeds will be allocated to exploration programs for the Delta-1 Gold property in Ontario and Delta-2 properties in Quebec. The offering is subject to TSX Venture Exchange approval and applicable securities laws.
Delta Resources Limited has initiated a comprehensive drilling program at its Delta-2 VMS and Gold Property, located near Chibougamau, Quebec. The initiative targets over 75 high-priority drill targets across the 194 square-kilometre site, with plans for a total of 36 drill holes spanning 7,400m for VMS and 42 drill holes totaling 7,750m for the Gold project. Financing for this ambitious campaign was announced earlier in November 2021, signaling strong potential for gold and VMS deposits.
Delta Resources Limited provided an update on its exploration projects in Quebec and Ontario. The Delta-2 VMS project may reveal three gravity anomalies and 30 VTEM conductors, with drilling starting on November 15, 2021. The Delta-2 Gold project has discovered a new gold-bearing structure with assay results of 18.8 g/t Au and 21.1 g/t Au. The Delta-1 project has outlined a 450m-long gold zone and plans for 25 drill holes. Additionally, Delta appointed Independent Trading Group for market-making services, paying $4,000 monthly, pending approval.
Delta Resources Limited has announced a non-brokered private placement financing to raise up to CAD $2,000,000. The offering includes Hard Cash Units priced at $0.27, National Flow Through Units at $0.31, and Quebec Flow Through Units at $0.34. The proceeds will fund exploration at the Delta-1 and Delta-2 projects in Ontario and Quebec. Drilling is expected to commence after the financing closes. Modifications to the placement size and units may occur, pending regulatory approval.
Delta Resources Limited has received a fourth tranche cash payment of $200,000 from Yorkton Ventures for the sale of its Bellechasse-Timmins Gold Deposit in Quebec. The revised payment schedule includes four additional planned payments of $200,000 each due by December 1, 2021. Moreover, Yorkton will pay a 1% Net Smelter Return (NSR) royalty on any commercial production from the property, with an option to repurchase 0.5% of the NSR for $1 Million. Delta focuses on enhancing shareholder value through high-potential mineral exploration projects across Canada.
Delta Resources Limited announces positive assay results from its April 2021 drilling program at the Delta-1 Gold Property, located 50 km west of Thunder Bay, Ontario. The drilling covered 1,376 metres and identified significant gold mineralization across several drill holes. Key results include wide intercepts of economic-grade gold, with mineralization now traced for over 400 metres. The company plans further drilling to explore the high-grade zones. Delta has a fully funded exploration program for 2021 and expects to receive $1 million from the sale of its Bellechasse-Timmins project starting August 1, 2021.
Delta Resources Limited has announced the acquisition of a 100% interest in eight claims in Thunder Bay, Ontario, contiguous to the Delta-1 property. The transaction involves a one-time payment of $6,000 and the issuance of 200,000 common shares to the vendor, who retains a 1.5% net smelter return royalty. Delta is awaiting assay results from its April 2021 drill campaign and has plans for further exploration activities in late summer and fall 2021. The company is fully funded for exploration activities in 2021 and expects $1 million in payments from the sale of another project.
Delta Resources Limited (TSX-V:DLTA, OTC PINK:DTARF) announced updates on its exploration projects in Quebec and Ontario. At the Delta-1 Gold project, assay results from April's drill campaign are expected by mid-July, with further drilling planned for fall 2021. The Delta-2 Gold project has initiated mechanical trenching to uncover new gold zones, with drilling set for fall 2021. Additionally, the Delta-2 VMS project will test gravity anomalies and conduct further geophysical surveys. Delta remains fully funded for its 2021 exploration with notable projects underway.
Delta Resources Limited held its Annual and Special Meeting on June 28, 2021, where shareholders approved all proposals from the Board and Management. Directors Frank Candido, Andre C. Tessier, Roy Millington, Kevin B. Heather, and Sara Marcotte Paquet were re-elected. KPMG was appointed as auditors, and the stock option plan was re-approved. Delta, focused on mineral exploration in Canada, has two high-potential projects and is set to receive $1 million in payments starting August 1, 2021, from the sale of its Bellechasse-Timmins gold project.
