Delta Announces the Completion of a Till Sampling Program at the DELTA-1 GOLD Project IN Thunder BAY, Ontario
DELTA ANNOUNCES THE COMPLETION OF A TILL SAMPLING PROGRAM AT THE
DELTA-1 GOLD PROJECT IN THUNDER BAY, ONTARIO
July 0 9, 2024 / Kingston, Ontario / Newsfile Corp . Delta Resources Limited (“Delta” or “The
Company”) ( TSX-V: DLTA ) (OTCBB:DTARF) ( Frankfurt: 6G01 ) is pleased to announce the
completion of the field portion of an extensive till sampling program at its Delta-1 Gold Project, located
approximately 50 kilometres west of the City of Thunder Bay, Ontario.
The survey consists of a series of sampling fences spaced at every 1-1.2 km, oriented orthogonal to the
dominant local ice-flow direction (here E-W to WNW-ESE). Samples within each fence are spaced by
approximately 300 metres. The survey covers an area of roughly 80 km 2 and consists of 224 sample
sites.
The goal of the 2024 sampling program was to complement and expand on a previous surveys carried
out in 2020 (see press release August 12, 2020 ). The 2020 till survey was highlighted by anomalous
gold-grain counts that helped define the footprint of the Eureka zone prior to Delta’s 2021 and 2022
drilling programs and helped in the discovery of the Delta-1 Gold deposit.
During the summer 2020 survey, a well-defined dispersion trail of gold grains was outlined south of the
Eureka Gold Zone. Within this dispersion trail, 41 to 457 gold grains were recovered from individual
samples (on normalized 10 kg fraction-size samples). Pristine grains accounted for 78% to 99% of the
total gold grains. The pristine character of the gold grains indicated that there had been very little
transport and hence the gold grains were interpreted to be proximal to a bedrock source.
The 2020 and 2024 sampling programs were carried out by IOS Geoscientific Services, a leading expert
in the field of glacial sediment sampling and geochemistry in Canada.
André Tessier, President, and CEO commented: “Delta has now proven the Delta-1 Gold property
can host a significant orebody with the discovery of the Eureka Gold Zone. The team is optimistic for the
potential of the Shebandowan area at large and is now taking a systematic approach with proven
methods to explore the vast area of Delta’s newly expanded property.”
Initial gold count results (including the morphology of the gold grains) for the first samples are expected
later this summer, with follow-up exploration work starting immediately thereafter. Meanwhile, geological
mapping and prospecting work is ongoing on the newly acquired properties.
Qualified Person
Daniel Boudreau, P.Geo. and Manager of Exploration at Delta Resources Limited, is a Qualified Person
as defined by NI-43-101 and has reviewed the technical information presented in this press release.
About Delta Resources Limited
Delta Resources Limited is a Canadian mineral exploration company focused on growing shareholder
value through the exploration of two very high-potential gold and base-metal projects in Canada.
DELTA-1 is Delta’s flagship project, where the company is building on a large gold inventory 50
kilometres west of Thunder Bay, Ontario, at surface and adjacent to the Trans -Canada highway. To
date, the gold mineralization is defined over a strike length of 2.0 km, from surface to a vertical depth of
250 m. Highlights include drill intercepts such as 5.92 g/t Au over 31 m (incl. 14.8 g/t Au over 11.9 m),
and 1.79 g/t Au over 128.5 m. The property covers 220 square kilometres and Delta has identified a 5
km long corridor of intense alteration and deformation at the property, on strike with the gold zone, that
has yet to be thoroughly explored.
The DELTA-2 property covers 205 square kilometres in the prolific Chibougamau District of Quebec.
The property holds excellent potential for gold-rich polymetallic VMS deposits as well as hydrothermal-
gold deposits. Delta targets VMS deposits such as the L eMoine past producer where 0.76 Mt were
mined between 1975 and 1983, grading 9.6% Zn, 4.2% Cu, 4.5 g/t Au and 84 g/t Ag.
ON BEHALF OF THE BOARD OF DELTA RESOURCES LIMITED.
Andre Tessier
President and CEO
www.deltaresources.ca
We seek safe harbor. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined
in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
The TSX Venture Exchange has not approved nor disapproved of the information contained herein.
For Further Information:
Delta Resources Limited
Andre C. Tessier, CEO and President
Tel: 613-328-1581
or
Frank Candido, Chairman
Vice-President Corporate Communications
Tel: 514-969-5530
Cautionary Note Regarding Forward Looking Information
Some statements contained in this news release are "forward looking information" within the meaning of Canadian securities
laws. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans",
"expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "believes" or variations of such
words and phrases (including negative or grammatical variations) or statements that certain actions, events or results "may",
"could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotation thereof. Investors are cautioned
that forward-looking information is inherently uncertain and involves risks, assumptions and uncertainties that could cause
actual facts to differ materially. There can be no assurance that future developments affecting the Company will be those
anticipated by management. The forward-looking information contained in this press release constitutes management's current
estimates, as of the date of this press release, with respect to the matters covered thereby. We expect that these estimates will
change as new information is received. While we may elect to update these estimates at any time, we do not undertake to
update any estimate at any particular time or in response to any particular event.