Delta Appoints Zach Flood and Joseph C. Milbourne to Its Board of Directors and Grants Options
DELTA APPOINTS ZACH FLOOD AND JOSEPH C. MILBOURNE TO ITS BOARD OF
DIRECTORS AND GRANTS OPTIONS
September 1, 2026 / Toronto, ON / Newsfile Corp. Delta Resources Limited (“Delta” or “the
Company”) (TSX-V: DLTA) (OTCQB: DTARF) (FRANKFURT: 6GO1) is pleased to announce
the appointment of Zach Flood and Joseph C. Milbourne to its Board of Directors.
Mr. Flood is an experienced geologist with a broad international background in mineral
exploration across Asia, Africa, and the Americas. He co-founded Kenorland Minerals Ltd. in
2016 and has since led the Company’s growth into a premier project-generation and royalty
company. Mr. Flood is also Executive Chairman of Koulou Gold Corp., a private exploration
company focused on early-stage exploration in Côte d’Ivoire.
Mr. Milbourne is a highly experienced metallurgist and mining executive with more than 50 years
of experience in metallurgy, mineral processing, process engineering and technical project
evaluation. Mr. Milbourne has held senior technical and operational positions with Troilus Mining
Corp., Belo Sun Mining Corp., Sulliden Gold Corporation, AMEC Mining & Metals, Eldorado
Gold, Cominco and other international mining organizations. His experience encompasses the
development, design, evaluation, optimization and management of mineral processing projects
throughout the Americas, with particular expertise in gold and base-metal projects. Mr.
Milbourne holds a B.S. in Metallurgical Engineering from the New Mexico Institute of Mining and
Technology and an M.S. in Metallurgy from the University of Utah. He is a Fellow of the
Australasian Institute of Mining and Metallurgy and a Registered Member of the Society for
Mining, Metallurgy & Exploration, and has acted as a Qualified Person pursuant to National
Instrument 43-101.
Ron Kopas, Chief Executive Officer (CEO) of Delta, commented:
“We are extremely pleased to welcome Zach Flood and Joseph Milbourne to Delta’s Board
of Directors,” said Ron Kopas, CEO of Delta Resources. “Zach brings a rare combination of
exceptional technical expertise and deep capital markets experience that will be invaluable
as we continue to advance our gold project in Thunder Bay and work to maximize the value
of this evolving asset for our shareholders. Joe’s more than 50 years of technical
experience, particularly his extensive expertise in metallurgy, mineral processing and mine
development, adds another important dimension to our Board. Together, their experience
significantly strengthens Delta’s technical and strategic capabilities as we advance the
Eureka Gold Deposit and unlock the broader exploration potential of our large and highly
prospective Thunder Bay land package. Their assessment and belief in Delta’s potential is
strong validation and appreciated, we are adding significant bench strength to our team”
Zach Flood commented:
“I am very pleased to join the Board of Delta Resources at such an exciting stage in the
Company’s evolution. Delta has assembled a large, highly prospective land position in an
emerging gold district, anchored by the growing Eureka Gold Deposit. I believe the scale of the
opportunity at Delta is only beginning to be recognized, and I look forward to contributing my
experience in exploration and capital markets to help the team advance the project strategically
and maximize value for shareholders.”
Joseph C. Milbourne commented:
“I am delighted to join Delta’s Board and to have the opportunity to contribute to the continued
advancement of the Company’s Thunder Bay gold project. I have spent much of my career
evaluating and advancing mineral projects from the technical and metallurgical perspective, and
I believe that experience can be particularly valuable as Delta moves through the next stages of
its development. The scale and exploration potential of Delta’s land package, together with the
progress being made at the Eureka Gold Deposit, make this a very exciting project. I look
forward to working with the Board and management team to help guide the technical decisions
that can create long-term value for Delta and its shareholders.”
Zach Flood and Joseph Milbourne will also be joining Delta’s technical committee headed by Dr.
Kevin B. Heather, a current Delta board member.
Stock Option Grant
Delta has granted 2,100,000 stock options to management, the board of directors, and
employees. The options are exercisable at $0.245 for 5 years from the date of the grant and
vest over a period of twenty-four (24) months with 25% of the options vesting every six (6)
months.
Qualified Person
Daniel Boudreau, P.Geo., Vice President of Exploration at Delta Resources Limited, is the
Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the
technical information contained in this news release.
About Delta Resources Limited
Delta Resources is a Canadian mineral exploration and development company focused on
advancing its Delta-1 Gold Project in Ontario. The Company has identified a large, near-surface
gold system located approximately 50 kilometres west of Thunder Bay, adjacent to the Trans-
Canada Highway. The Delta-1 property covers approximately 340 square kilometres and hosts
multiple gold-bearing corridors, including the Eureka Gold Deposit and the highly prospective I-
Zone–Crayfish Creek Fault trend.
The Eureka Gold Deposit extends over 2.5 km in strike length and to depths exceeding 300
metres, with mineralization intersected to approximately 600 metres vertical depth and
remaining open in all directions. Highlights include drill intercepts such as 5.92 g/t Au over 31 m
(including 14.8 g/t Au over 11.9 m) and 1.79 g/t Au over 128.5 m.
Safe Harbour Statement: Neither the TSX Venture Exchange nor its Regulation Services
Provider accepts responsibility for the adequacy or accuracy of this release. The TSX Venture
Exchange has neither approved nor disapproved the information contained herein.
For Further Information:
Frank Candido, Chairman
Tel: 514-969-5530
Ron Kopas, CEO
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 event.