Delta Resources Ltd. is pleased to announce that it has increased its previously announced non-brokered private placement financing to raise up to CAD 2,000,000 from eligible participants through the sale of a minimum of up to 5,714,286 units of the Company at a price of $0.35 per unit. Each unit will consist of one common share and one half of a [...]
Delta Resources Ltd. announces a non-brokered private placement financing to raise a minimum of CAD 1,000,000 from eligible participants through the sale of a minimum of 2,857,143 units of the Company at a price of $0.35 per unit. Each unit will consist of one common share and one half of a common share purchase warrant exercisable for up to 24 [...]
Delta Resources Ltd. is pleased to welcome Sara Paquet to its Board of Directors. Frank Candido, Chairman of the Board at Delta commented as follows: "We are thrilled to add Sara Paquet to our Board of Directors. Her international experience and deep knowledge and understanding of the economics of exploration will further enhance our commitment to [...]
Delta Resources Ltd. is pleased to report that its ongoing mechanical trenching program at the Delta-2 property in Chibougamau, Quebec has uncovered a sulphide-bearing horizon favourable for the presence of Volcanogenic Massive Sulphide mineralization. The favourable horizon coincides with a string of isolated VTEM conductors that represent VMS [...]
Eight of 23 samples returned over 41 gold grains with pristine grains accounting for 78% to 99%. One sample returned 457 gold grains per 10kg fraction with 95% of the grains being pristine. Delta Resources Ltd. is pleased to announce results from a till sampling orientation survey at the Delta-1 Property, 50 kilometres west of Thunder Bay, Ontario [...]
Delta Resources Ltd. is pleased to announce initial results from a rock sampling program at the Snowfall Gold Discovery . In June 2020, Delta geologists with the help of a team of consultants from Laurentia Exploration and local prospectors, carried-out a bedrock mapping and sampling program coupled with boulder tracing at the Delta-2 property in [...]
Delta Resources Ltd. is pleased to announce that it has received the first cash payment of $100,000 for the sale of the Bellechasse-Timmins Gold Deposit in southeastern Quebec, Canada. In addition, the TSX Venture Exchange has accepted for filing documentation an asset purchase agreement between the Yorkton Ventures affiliate, 9412-1068 Quebec Inc [...]
Delta Resources Ltd. announces the grant of 1,380,000 stock options to management, the board of directors and consultants. The options are exercisable at $0.26 for 5 years from the date of the grant and vest immediately. Delta Resources Ltd. Frank Candido Chairman of the Board We seek safe harbor. Neither TSX Venture Exchange nor its Regulation [...]
Delta Resources Ltd. is pleased to announce that it has started Phase II of its exploration program at its Delta-2 property in Chibougamau. Phase II consists of mechanical trenching to expose bedrock to surface where it is possible and where initial field work has yielded encouraging results. Initial work in June 2020 focussed on field-proofing of [...]
Delta Resources Ltd. is pleased to announce that it has signed an agreement with Yorkton Ventures Inc. to sell its 100% interest in the Bellechasse-Timmins property in southeastern Quebec for $1,700,000. To acquire a 100% interest in the Property, Yorkton will: Make a $100,000 cash payment within 10 days of signing of a definitive agreement, Make a [...]
Delta Resources Ltd. is pleased to announce that field work has started at its Delta-2 property in Chibougamau, Quebec. The objective of the field work is to field-proof Delta's new geological interpretation while following-up on new geophysical targets which stem from 220 square kilometres of new, high-resolution VTEM and drone-magnetic surveys in [...]
High-resolution magnetic survey helps delineate and extend early structures known to control gold occurrences in the area. 25 high-priority VTEM conductors identified with potential for VMS deposits. On the basis of the surveys the Company has acquired more strategic ground through staking. Delta Resources Ltd. is pleased to provide an update on [...]