Delta Reports Multiple GOLD Intercepts (4.25 G/T GOLD over 11.8 Metres and 1.37 G/T over 10.5 Metres) at New Shabaqua Target 1.3 Kilometres WEST of Eureka GOLD Deposit
DELTA REPORTS MULTIPLE GOLD INTERCEPTS (4.25 G/T GOLD OVER 11.8
METRES AND 1.37 G/T OVER 10.5 METRES) AT NEW SHABAQUA TARGET 1.3
KILOMETRES WEST OF EUREKA GOLD DEPOSIT
• Step-out drilling at Eureka (South and West) gold deposit continues to
expand the mineralized footprint
January 13, 202 6/ Toronto, ON / Newsfile Corp Delta Resources Limited (“Delta” or “the
Company”) ( TSX-V:DLTA) (OTCBB:DTARF) ( FRANKFURT:6GO1) is pleased to announce
assay results for 22 of the 26 drill holes completed as part of its recent 5,237 -metre Fall 2025
diamond drill program at the Company’s flagship Delta -1 Property, located approximately 50
kilometres west of Thunder Bay, Ontario.
Highlights:
• Multiple gold intercepts at the Shabaqua Target, 1.3 kilometres west of the Eureka
Gold Deposit, including:
▪ 4.25 g/t Au over 11.8 m in hole D1-25-150
▪ 1.37 g/t Au over 10.5 m in hole D1-25-134
▪ 2.40 g/t Au over 4.3 m in hole D1-25-144
▪ 0.16 g/t Au over 132.0 m hole D1-25-148
• Step-out drilling at the Eureka Gold Deposit continues to expand the mineralized
footprint, including:
▪ 1.32 g/t Au over 7.0 m in D1-25-136 (Eureka South)
▪ 3.83 g/t Au over 3.0 m in D1-25-142 (Eureka West)
• Anomalous gold in 20 of 22 drill holes reported herein, validating the success of the
step-out exploration strategy along strike from the Eureka Gold Deposit.
• Encouraging mineralization identified at the Wedge target, 4 km west of Eureka
deposit (assays pending).
Ron Kopas, Chief Executive Officer (Interim) of Delta, commented:
“The Shabaqua Target where we intersected multiple gold zones is effectively a new find for Delta.
These results indicate strong potential for higher -grade mineralization beyond the currently
defined Eureka footprint, while step -out drilling at Eureka continues to intersect gold
mineralization, demonstrating the continuity of this large-scale, gold system.
We are also encouraged by mineralization and associated alteration observed at the Wedge
Target, four kilometres west of Eureka. A new discovery here would reinforce the exceptional gold
potential of our strategically positioned and sizeable Delta -1 land package, located just 50 km
from Thunder Bay, which is an established hub for mining operations in Northern Ontario and
gives us the opportunity to be a quick to market, low-cost producer.”
Drill Program Stats:
Total number of holes drilled: 26
Metres drilled: 5,237
Number of holes reported here: 22
o Shabaqua Target: 14 holes (2,474 m)
o Eureka South: 3 holes (888 m)
o Eureka West: 4 holes (894 m)
o Eureka Infill/Met work: 2 holes (285 m) – assays pending
o South Till Anomaly: 1 hole (201 m)
o Wedge: 2 holes (495 m) – assays pending
Figure-1: Drill hole location map
UTM NAD83 Zone 16 N
The Company is reporting results from 22 of the 26 drill holes completed during the program.
Review and interpretation of the remaining four drill holes is currently underway, with results
expected to be released shortly.
Eureka Gold Deposit
Step-out drilling to the south and west at the Eureka Gold Deposit continues to deliver
positive results, extending mineralization beyond the previously defined footprint and
demonstrating that the system remains open along strike. Notable intercepts include 1.32
g/t Au over 7.0 m in D1-25-136 (Eureka South) and 3.83 g/t Au over 3.0 m in D1-25-142 (Eureka
West). These ongoing drill campaigns are progressively increasing the mineralized footprint
and reinforcing the potential for continued growth as exploration advances.
The Eureka Gold Deposit is a large -tonnage, low -grade gold system hosted in a broad
corridor of strongly altered volcanic, sedimentary and intrusive rocks, with gold occurring in
intensely ankerite -altered zones with quartz–ankerite–pyrite veinlets and disseminated
sulphides. Mineralization has been defined over approximately 2.5 km of strike length, from
surface to about 300 m vertical depth, and remains open for expansion.
Shabaqua Target
Delta’s initial phase of drilling at the Shabaqua Target demonstrates the potential for higher-
grade gold mineralization beyond the currently defined Eureka footprint . Multiple higher-
grade intervals were intersected in sulphide-rich chert and iron formation, including 4.25 g/t
Au over 11.8 m in hole D1-25-150, 2.40 g/t Au over 4.30 m in D1-25-144 and 1.37 g/t Au over
10.50 m in D1 -25-134. In addition, very broad intervals of low -grade, Eureka -style
mineralization remain present in the sedimentary rocks , in cluding hole D1 -25-148, which
returned 0.16 g/t Au over 132 metres.
Wedge Target
The Wedge Target lies about 4 km west of the Eureka Gold Deposit and 2 km west of the
Shabaqua Target. Two holes located approximately 450 metres apar t were completed at
Wedge during the current program. Assay results are expected to be released shortly,
following final review and confirmation of QA/QC compliance.
Table-1: Fall-2025 assay results at the Delta-1 Gold Projects
Easting Northing
Shabaqua D1-25-128 287738 5385624 440 180 -45 252.0 NSR
D1-25-129 287737 5385497 449 180 -45 261.0 240.50 247.00 0.39 6.50
D1-25-130 287739 5385335 456 180 -45 238.7 79.50 97.30 0.41 17.80
D1-25-131 287862 5385506 449 0 -45 102.0 3.50 9.80 0.67 6.30
33.50 35.00 1.17 1.50
59.00 66.50 0.36 7.50
82.20 101.00 0.40 18.80
D1-25-132 287960 5385500 449 0 -45 105.0 39.00 45.10 0.33 6.10
96.20 103.00 0.53 6.80
D1-25-133 288028 5385594 440 180 -45 150.0 46.50 57.00 0.21 10.50
D1-25-134 288024 5385508 446 180 -45 252.0 15.50 26.00 1.37 10.50
inc. 23.00 26.00 4.17 3.00
D1-25-143 288148 5385356 461 278 -45 99.0 NSR
D1-25-144 287581 5385370 458 180 -45 249.0 236.00 240.30 2.40 4.30
D1-25-147 288062 5385522 446 180 -45 81.0 7.50 16.50 0.23 9.00
25.50 34.50 0.30 9.00
D1-25-148 287856 5385676 441 180 -45 201.0 119.00 146.00 0.29 27.00
69.00 201.00 0.16 132.00
D1-25-149 286929 5385710 409 180 -45 210.0 NSR
D1-25-150 287025 5385741 408 180 -45 210.0 45.20 57.00 4.25 11.80
inc. 45.20 46.40 2.55 1.20
inc. 49.50 51.00 4.06 1.50
inc. 55.00 56.00 39.30 1.00
inc. 56.00 57.00 1.49 1.00
D1-25-151 287362 5385754 411 180 -45 177.0 81.70 92.00 0.23 10.30
D1-25-135 289335 5385198 454 180 -45 276.0 21.00 26.00 0.45 5.00
101.50 103.00 1.40 1.50
D1-25-136 288894 5385226 461 180 -45 231.0 3.00 10.00 1.32 7.00
inc. 7.70 9.20 5.36 1.50
D1-25-137 288890 5385078 458 180 -45 381.0 264.50 266.00 5.55 1.50
Southwest Till
Anomaly D1-25-138 288113 5384511 460 200 -45 201.0 NSR
D1-25-139 288902 5385603 421 170 -52 231.0 86.50 94.00 0.62 7.50
98.00 108.20 0.22 10.20
157.00 164.00 0.27 7.00
176.00 180.10 0.40 4.10
D1-25-140 288369 5385772 422 180 -45 282.0 NSR
D1-25-141 288374 5385605 437 180 -45 174.0 41.50 58.00 0.27 16.50
D1-25-142 288366 5385504 443 180 -45 207.0 58.50 70.50 0.32 12.00
108.00 118.20 0.69 10.20
149.00 152.00 3.83 3.00
inc. 149.80 150.80 8.08 1.00
D1-25-145 290211 5385352 448 180 -45 150.0
D1-25-146 290304 5385331 451 180 -45 135.0
D1-25-152 284720 5385830 433 180 -45 249.0
D1-25-153 285169 5385862 396 180 -45 246.0
Au Grade
(g/t)
Core
Length
(m)(UTM Zone 16)
Eureka South
Drill Hole
No.
Elevation
(m) Azimuth Incl. Length
(m) From (m)
* Broad low grade
Eureka Infill/
Metallurgy
Eureka West
Wedge
To (m)Target Zone
(Pending)
(Pending)
(Pending)
(Pending)
Recent and Upcoming Exploration Activities
Delta has recently completed a 194.6 -line-kilometre high -resolution, drone-based magnetic
survey over the Shabaqua and Wedge target areas in anticipation of follow -up drilling and is
awaiting results from the third phase of its 2024–2025 regional till-sampling program in the I-Zone
sector.
Final results from the till survey are expected in the coming weeks and will be used to guide follow-
up exploration and to assist in defining new targets for potential trenching and drilling in the I -
Zone sector. The I-Zone sector is located approximately 18 kilometres southwest of the Eureka
Gold Deposit and hosts several high -grade gold showings, including historical (non -NI 43-101
compliant) drill intercepts of 4.32 g/t Au over 41.0 metres, 4.53 g/t Au over 14.4 metres, and 4.36
g/t Au over 20.4 metres (Landore Resources, 1995–1997), as well as a 1,000-kilogram mini-bulk
sample (Mengold Resources, 2008) that returned an average grade of 9.9 g/t Au.
Analytical Protocol and QA/QC
Chemical analyses reported in this news release were performed by AGAT Laboratories, an
independent analytical laboratory accredited to ISO/IEC 17025 by the Standards Council of
Canada (SCC). Sample preparation was completed at AGAT’s facility in Thunder B ay, Ontario.
All sampling and analytical procedures were conducted under a comprehensive Quality
Assurance/Quality Control (QA/QC) program, including the insertion and monitoring of certified
reference materials (standards), blanks, and duplicate samples.
To minimize assay variability associated with the nugget effect from coarse and/or visible gold,
the Company implemented the following assaying protocol at Delta-1:
Where visible gold is observed in the sample or where the sample is derived from an interpreted
mineralized zone, the assay is performed by Metallic Screening . In this procedure, the entire
sample is crushed, and a 1 kg split is pulverized and screened to 106 µm. Both the coarse and
fine fractions are analyzed by 50 g fire assay with gravimetric finish at AGAT Laboratories in
Thunder Bay, Ontario.
Where visible gold is not observed, or where samples are outside of interpreted mineralized
zones, an initial assay is performed by 50 g Fire Assay with ICP -OES finish at the AGAT
Laboratory in Thunder Bay, Ontario. 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
gravimetric finish at the AGAT Laboratory in Thunder Bay, Ontario.
NQ-size drill core was sawn lengthwise in half using a diamond blade saw. One half of the core
was sampled, placed in sealed and labelled plastic bags, and shipped to AGAT Laboratories for
preparation and analysis. The remaining half core was returned to c ore boxes and retained for
reference at Delta’s secure core storage facilities. QA/QC materials including blanks and certified
standards were inserted into the sample stream at the project site. In addition, routine insertion of
accredited blank, duplicate, and certified reference samples was conducted during the analytical
process by AGAT Laboratories, providing further independent QA/QC monitoring.
Mineralized intervals are calculated using a 0.2 g/t Au cut -off grade. Reported intercepts are
constrained to intervals where internal dilution does not exceed 5 metres or more of continuous
core returning grades below the cut-off.
Qualified Person
Daniel Boudreau, P.Geo., Exploration Manager 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 project development company focused
on its Delta-1 project in Ontario, where it has discovered a large, near-surface gold deposit located
50 kilometres west of Thunder Bay, directly adjacent to the Trans-Canada Highway. The Eureka
Gold Deposit extends 2.5 km in strike length, from surface to over 300 metres in depth. Highlights
include drill intercepts such as 5.92 g/t Au over 31 metres (including 14.8 g/t Au over 11.9 metres),
and 1.79 g/t Au over 128.5 metres. Mineralization has been observed up to 600 metres vertical
depth and remains open in all directions. The property covers 297 square kilomet res containing
multiple corridors of intense alteration and deformation on strike with, and to the south of, the
Eureka Gold Zone, many of which remain under-explored.
We seek safe harbour. Neither TSX Venture Exchange nor its Regulation Services Provider
accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange
has not approved nor disapproved the information contained herein.
For Further Information:
Frank Candido, Chairman
Tel: +1-514-969-5530
Ron Kopas, CEO (Interim)
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.