DELTA RES LTD - DTARF STOCK NEWS

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.

Delta Resources Limited has successfully bought back 50% of a Net Smelter Return (NSR) royalty on its Delta-1 Property from the Ontario Exploration Corporation for $35,000. This acquisition gives Delta the option to purchase the remaining 50% NSR for an additional $50,000, potentially eliminating future royalty payments on key claims, including the Eureka Gold prospect. Delta's CEO, André Tessier, emphasized the importance of this move after recent exploration successes. The company remains focused on maximizing shareholder value through its mineral exploration projects.