Delta Drills 11.9 Metres of 14.8 g/t Gold Within a Broader Interval of 31.0 Metres of 5.92 g/t Gold at the Eureka Gold Deposit, Delta-1 Project in Thunder Bay, Ontario
Delta Drills 11.9 Metres of 14.8 g/t Gold Within a Broader Interval of 31.0 Metres of
5.92 g/t Gold at the Eureka Gold Deposit, Delta-1 Project in Thunder Bay, Ontario
October 19, 2022 / Kingston, ON / Accesswire . Delta Resources Limited (“Delta” or “the Company”) ( TSX-
V:DLTA )(OTCBB:DTARF ) ( FRANKFURT:6G01 ) is pleased to provide results from its 2022 drilling program at the
Eureka Gold Deposit, 50 kilometres west of Thunder Bay, Ontario. A total of 2,719 metres were completed in nine
drill holes during this program.
All nine drill holes of the 2022 program intersecte d the gold-bearing zone with the easternmost drill hole of the
program returning assays of:
5.92 g/t gold over 31.0 metres
o Including 14.80 g/t Au over 11.9 metres
Including 72.95 g/t Au over 2.2 metres
The mineralized zone has now been intercepted over a strike length of 850 m with the best grades increasing towards the
east.
Figure 1: Plan view map showing locations of the drill holes. (Note: The geology has been projected up-dip to the surface).
Figure 2: Vertical Longitudinal Section showing grade x thickness.
André Tessier, President and CEO commented : “These first high-grade results at Delta-1 are very encouraging
and could indicate a significant and higher-grade area at Eureka. In addition to seeing very wide intercepts of low-
grade gold, we are now seeing the potential for high-grade zones, particularly towards the east where the zone has
never been tested. Based on the visual identificat ion of significant native gold alone, Delta mobiliz ed a drill to
complete two additional holes in the eastern extension of the zone and the team is eagerly awaiting the results from
these holes.”
The mineralized zone trends roughly 100° azimuth, dips 50° towards the north, and has now been intersected over
a strike length of approximately 850 m and a vertical depth exceeding 200 m.
The gold mineralization is hosted within a sandston e, near its contact with ultramafic volcanic flows to the south.
Kilometre-scale, texture destructive alteration consists of intense ankeritization, sericitization and silicification. There
appears to be a spatial association between gold mi neralization and amphibole-feldspar-phyric intermed iate dikes
that are also affected by alteration. Gold mineral ization consists of a network of multiple generatio ns of quartz-
ankerite-pyrite veinlets locally with disseminated grains of visible gold.
The Delta-1 project is located in the Shebandowan G reenstone Belt and covers a 17 km strike extent of the
Shebandowan Structural Zone which also hosts the lo w-grade – high-tonnage Moss Lake gold deposit (Goldshore
Resources GSHR:TSX.V) , 50 km to the west.
More information about this release is posted in En glish at https://www.youtube.com/watch?v=89D5OXwOeSs
and in French https://www.youtube.com/watch?v=_2mnO4Roou0
Complete drill results from the mineralized zone are shown below, including the previously released drill results from
2019 and 2021 (reported lengths are believed to be very close to true widths):
Delta Resumes Drilling at Thunder Bay
The results presented herein clearly warrant an agg ressive follow-up drilling program, the extent of w hich will be
determined shortly. Meanwhile, based on the visual examination of drill hole D1-21-18 alone, and as previously
announced on September 27, 2022 , a drill was mobilized to complete two additional drill holes. A crew was also
mobilized to the property for a mechanical trenching program to better expose the mineralized zone at surface.
Analytical Protocol and QA/QC
Chemical analyses reported in this press release we re performed at SGS Canada Minerals Laboratories. S ample
preparation was performed in Sudbury, Ontario. Sampling and analytical procedures are subject to a comprehensive
Quality Assurance and Quality Control program that includes duplicate samples, blanks and analytical standards.
The following assaying protocol was adopted at Delta-1 in an attempt to reduce the assay variability due to nugget
effect caused by visible gold:
If no visible gold is observed in the sample, an i nitial assay is performed by 50 g Fire Assay with I CP-OES
finish at the SGS Laboratory in Burnaby, British Columbia. If the assay result exceeds 2.0 g/t gold, remaining
rejects are pulverized, a 1 kg portion is screened to 106µm and analyzed by 50 g fire assay with gravi metric
finish at the SGS Laboratory in Lakefield, Ontario.
DRILL HOLE NO Easting
(UTM Zone 16)
Northing
(UTM Zone 16) Azimuth Incl. Length
(m)
FROM
(m)
TO
(m)
Au Grade
(g/t)
CORE LENGTH
(m)
D11902 289720 5385359 180 50 174.0 95.50 110.60 0.33 15.10
D11903 289815 5385345 180 50 159.0 14.00 36.10 0.72 22.10
incl. 14.00 27.80 0.84 13.80
incl. 21.00 25.50 1.26 4.50
D11905 289584 5385391 180 45 264.0 35.00 56.00 0.75 21.00
incl. 42.00 56.00 0.82 14.00
D12109 289883 5385385 168 45 105.0 6.00 105.00 0.41 99.00
incl. 6.00 39.50 0.46 33.50
incl. 73.00 91.00 1.25 18.00
incl. 73.00 74.00 10.10 1.00
D12110 289486 5385450 181.2 46 165.0 5.00 121.00 0.38 116 .00
incl. 13.50 18.00 0.73 4.50
incl. 75.00 121.00 0.74 46.00
incl. 75.00 103.00 0.84 28.00
incl. 83.00 103.00 0.90 20.00
incl. 83.00 93.00 1.20 10.00
D12111 289484 5385535 177.7 45 201.0 63.00 171.00 0.37 10 8.00
incl. 131.00 171.00 0.65 40.00
incl. 151.00 171.00 0.96 20.00
D12113 289581 5385486 174.7 45 194.0 56.50 128.00 0.31 71 .50
incl. 82.00 89.00 7.00 7.00
incl. 118.00 128.00 0.71 10.00
TOTAL: 1262.0
DELTA1 Eureka Zone 2019 and 2021 DRILL INTERCEPTS
If visible gold is observed in the sample, the ass ay is performed by Metallic Screening whereby the e ntire
sample is pulverized, a 1 kg portion is screened to 106µm and analyzed by 50 g fire assay with gravime tric
finish at the SGS Laboratory in Lakefield, Ontario.
Core logging and sampling was completed by Delta an d Bayside Geoscience personnel in Thunder Bay, Onta rio.
NQ-size drill core was sawed in half lengthwise and half of the core was sampled and sealed in clean p lastic bags
before being shipped for assay. The remaining half of the core was replaced in core boxes and is stored at Delta’s
core storage facilities in Chibougamau, Quebec. Standards and blanks are inserted in the sequence of samples on
site as quality assurance and quality control in addition to the regular insertion of blank, dupl icate, and standard
samples accredited by SGS Canada Minerals Laboratories during the analytical process .
Qualified Person
Daniel Boudreau, P.Geo. Manager of Exploration of D elta Resources Limited is a Qualified Person as def ined by
NI-43-101 was supervisor for the drilling program and has reviewed the technical information presented in this press
release.
Delta Resources would like to acknowledge the finan cial support provided by the Ontario Government via the
Ontario Junior Exploration Program (“OJEP”). Delta will be receiving up to $200,000 upon completion of its
exploration program at Delta-1.
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, 57.6 km 2 located 50 km west of Thunder Bay, Ontario where t he Eureka gold zone has now been
outlined over a strike length of 850 m. An extremely high gold-in-till anomaly and kilometre-scale gold-bearing
alteration halo point to a never-tested regional structure.
DELTA-2 GOLD and DELTA-2 VMS, 194 km 2 in the prolific Chibougamau District of Quebec, with a potential
for hydrothermal-gold and gold-rich VMS deposits.
ON BEHALF OF THE BOARD OF DELTA RESOURCES LIMITED.
Andre C. Tessier
President, CEO and Director
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
Frank Candido, Chairman, VP Corporate Communications
Tel : 5149695530
or
Andre Tessier, CEO and President
Tel: 6133281581
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 terminolo gy such as "plans",
"expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "believes" or variations of such
words and phrases (including negative or grammatica l variations) or statements that certain actions, e vents 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 assuran ce that future developments affecting the Company w ill be those anticipated
by management. The forward-looking information cont ained 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 under take to update any
estimate at any particular time or in response to any particular event.