Delta Outlines Copper, GOLD and Zinc-Enriched Sulphide Horizons While Drilling FOR VMS at the DELTA-2 Property, Chibougamau, Quebec.
DELTA OUTLINES COPPER, GOLD AND ZINC-ENRICHED SULPHIDE
HORIZONS WHILE DRILLING FOR VMS AT THE DELTA-2 PROPERTY,
CHIBOUGAMAU, QUEBEC.
August 30, 2022 / Kingston, ON / Newsfile Corp . Delta Resources Limited (“Delta” or “the Company”)
(TSX-V:DLTA )(OTCBB:DTARF ) ( FRANKFURT:6G01 ) is pleased to announce the results from its 2022
drilling program at the Delta-2 VMS Property, located 35 kilometres southeast of Chibougamau, Quebec.
Drilling was completed at the Delta-2 VMS property in late May of 2022. A total of thirty (30) drill h oles
were completed for a total of 6,551 metres. The dr illing program tested three (3) gravity anomalies a nd
twenty-seven (27) high-priority VTEM conductors. T he objective of the program was to search for a
Lemoine-Type VMS deposit (Lemoine Past Producer 0.76MT @ 4.2% Cu, 9.6% Zn, 4.5 g/t Au). Drilling
focussed in two major areas, shown in Figure 1.
Figure 1: Areas where Delta’s 2022 VMS drilling program was focussed.
Every drill hole of the program intersected sulphid e mineralization with minor amounts of graphite in the
north-eastern portion of Area 2. Delta geologists gained essential knowledge of the area and have
refined their interpretation of the mineralized horizon.
“These are very encouraging results at Delta-2 VMS. These sulphide horizons with enriched precious
and base metals suggest the right mineralizing processes were active for the deposition of VMS deposits.
We also interpret these metal-enriched areas as ind icative of possible proximal VMS mineralization.
Delta will now focus on these areas while continuing to explore the property at large where many more
VTEM conductors still need to be tested .” stated André Tessier, President and CEO of Delta Resources.
In the course of this drill campaign, Delta encount ered the sulphide horizon with four (4) areas/secti ons
of interest:
1. A Gold-Enriched area shown in Figure 2, characte rized by drill holes: D2V-22-57, D2V-22-58 and
D2V-22-59 where intercepts of sulphide grading 0.41g/t Au over 1m and 0.69g/t Au over 1.8m.
2. An extensive Copper-Enriched area in the SE port ion of the property shown in Figure 3,
characterized by drill holes D2-20-19, D2V-22-64, D 2V-22-65, D2V-22-69, D2V-22-74, and
historical drill hole R17-1. Zinc and Gold values are also locally encountered in these sulphide
horizons that appear to be tightly folded.
3. Two (2) Zinc-Enriched areas shown in Figures 2 a nd 3.
The Zinc-Enriched Area #1 (Figure 4) is located in the NE portion of Area 2 and in a zone
of structural complexity. The Zinc-Enriched sulphide mineralization was encountered in
drill holes D2V-22-87, D2V-22-90 and D2V-22-92. He re, the sulphide mineralization
reached up to 15m in thickness and is locally mixed with graphitic horizons.
The Zinc-Enriched Area #2 (Figure 3) is characteri zed by an exhalative horizon
intersected in drill holes D2-20-18 and D2-20-20. The silica-rich exhalite horizon is up
to 4.5m thick and contains highly anomalous zinc (up to 0.19% Zn over 3.8m).
Figure 2: Map showing the Gold-Enriched area and Zinc-Enriched Area #2 at Delta-2.
Figure 3: Map showing the Copper-Enriched area at Delta-2.
Figure 4: Map showing the Zinc-Enriched Area #1 at Delta-2.
The drill holes intersected intensely altered mafic volcanics (see photo), rhyolites and rhyolitic
volcaniclastites (garnet-sericite-chlorite). Sulph ide conductors are typically associated with the fe lsic
volcaniclastites and consist dominantly of pyrrhoti te and pyrite with accessory chalcopyrite and
sphalerite. Sulphide contents within the conductive zones vary from 5% to 100% and sulphide intercepts
vary in thickness from 25cm to 15m.
Photo showing the garnet-sericite-chlorite alteration from drill hole D2V-22-57 at 95m. Garnets reach up to 3cm in diameter.
CURRENT WORK AT THE DELTA-2 VMS :
Borehole EM surveys were completed on 17 drill hol es and final results are expected imminently. Delta will
interpret and present these results as they become availeable.
A 721 line kilometre helicopter-borne survey is cu rrently underway at Delta-2 covering the north-east ern
portion of the property, nearest to the Lemoine deposit, as well as the Dollier Option which hosts the Cartier
Gold-VMS. Another 57 line-kilometer survey will cover a structure located three (3) kilometres south of the
Corney Bay Copper deposit held by Doré Copper.
Field crews are currently mapping, prospecting and sampling the property with emphasis on ground-proofing
VTEM anomalies in the field.
Analytical Protocol and QA/QC
Chemical analyses reported in this press release we re performed at ALS Chemex Laboratories in Val D’Or ,
Quebec. The gold assays were carried-out by atomic absorption method while other elements were assayed
by ICP-MS aqua regia digestion method. Sampling and analytical procedures are subject to a comprehensive
Quality Assurance and Quality Control program that includes duplicate samples, blanks and analytical
standards.
Core logging and sampling was completed by Delta personnel and Laurentia Exploration Geologists. NQ-size
drill core was sawed in half lengthwise and half of the core was sampled and sealed in clean plastic b ags
before being shipped for assay. The remaining half of the core was replaced in core boxes and is stor ed at
Delta’s core storage facilities in Chibougamau, Quebec. Standards and blanks are inserted in the sequ ence
of samples on site as quality assurance and quality control in addition to the regular insertion of blank,
duplicate, and standard samples accredited by ALS Chemex Laboratories during the analytical process .
Qualified Person
Andre C. Tessier, P.Eng and P.Geo. President and CE O of Delta Resources Limited is a Qualified
Persons as defined by NI-43-101 and is responsible for the technical information presented in this press
release. Mr. Tessier has reviewed the drill core and the analytical results described herein.
About Delta Resources Limited
Delta Resources Limited is a Canadian mineral explo ration company focused on growing shareholder
value through the exploration of two very high-potential gold and base-metal projects in Canada.
• DELTA-1, 57 km 2 located 50km west of Thunder Bay, Ontario where 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.
Delta has 49M shares outstanding, is currently fund ed for its 2022 exploration and in addition, is set to
receive $400,000 in March, 2022, through the sale of its Bellechasse-Timmins gold project in SE Quebec.
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 : 514-969-5530
or
Andre Tessier, CEO and President
Tel: 613-328-1581
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