Delta Resources Limited Starts Drilling and Geophysics at DELTA-1: Eureka Discovery, Thunder BAY Mining District, Ontario.
DELTA RESOURCES LIMITED STARTS DRILLING AND GEOPHYSICS AT DELTA-1:
EUREKA DISCOVERY, THUNDER BAY MINING DISTRICT, ONTARIO.
GlobeNewswire / October 31, 2019. Delta Resources Limited (“Delta”) (DLTA:TSX-V) is pleased to announce
that it will be starting its first drilling program during the first week of November 2019, at the Delta-1 Property in the
Thunder Bay Mining District, Ontario.
Delta will be drill-testing the Eureka Gold Occurrence, a new and never drilled, discovery made during the summer
of 2018 and acquired by Delta on October 3 rd , 2019. The EUREKA gold zone is exposed by trench ing over a
minimum strike length of 400m and chip sampling has returned assays of 13.8 g/t Au over 5m, 5.9 g/t Au over 5m,
2.4 g/t over 5m, 2.2 g/t Au over 10m, 1.6 g/t Au ov er 12m and 1.4 g/t Au over 7m. It’s also believed that a 16m
wide shear zone located at the heart of the mineral ized zone could not be reached by mechanical trench ing due
to its depth below overburden.
The 1,000 metre drill program will be testing the g old-bearing ankerite-pyrite-arsenopyrite zone, expo sed by
trenching over a strike length of 400m so far. The mineralized alteration zone as a whole, spans for a minimum
strike length of 2 kilometres and a width of up to 400 metres.
THE EUREKA ZONE AND ITS POSSIBLE STRIKE EXTENSIONS HAVE NEVER BEEN DRILLED OVER A
MINIMUM STRIKE LENGTH OF 1.5 KILOMETRES.
In addition to this drilling program, Delta has als o started a high-resolution drone magnetic survey c overing the
eastern part of the Delta-1 property (which includes the Eureka Discovery). The 168 line-kilometre survey will help
to outline structures parallel to and cross-cutting the mineralized zone where bedrock is not exposed. This will
help in future target definition.
The Delta-1 Property covers 48 square kilometres an d is located 50 kilometres west of the City of Thun der Bay,
Ontario and straddling the Trans-Canada Highway.
The property is located in the Shebandowan Greenstone Belt and covers a 17 km strike extent of the Shebandowan
Structural Zone which also hosts the Moss Lake gold deposit*, a large tonnage-low grade deposit locate d 50 km
WSW of the property where gold resources stand at o f 40 MT at 1.1 g/t Au indicated (1.4M oz) and an ad ditional
50 MT at 1.1 g/t Au inferred (1.7M oz). (NI-43-101 compliant ; https://www.wesdome.com/operations/moss-lake-
property ).
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.
*Mineralization hosted on adjacent or nearby proper ties is not necessarily indicative of mineralizatio n that may be hosted on the
Company’s property
About Delta Resources Limited
Delta Resources Limited is a new Canadian mineral e xploration company born at the end of June 2019. T he
Company is focused on growing shareholder value thr ough the acquisition of high-potential gold and bas e-metal
projects in Canada, exploring these projects with s tate-of-the-art methods, and potentially developing these
projects into mines.
Delta owns a 100% interest in the Bellechasse-Timmi ns gold deposit in southeastern Quebec, Canada whic h
contains a 43-101 gold resource of 171,000 ounces at an average grade of 1.83 g/t gold in the indicated category
and an additional 95,000 ounces at an average grade of 1.36 g/t gold in the inferred category (SGS Canada Inc.,
Bellechasse-Timmins Property Resource Estimate, Southeastern Quebec, August 1, 2012).
The company’s focus is currently to build a strong portfolio of mineral exploration properties with a high potential
for economic discoveries in Canada while evaluating the long-term potential of its 100% owned Bellechasse-
Timmins gold deposit in southeastern Quebec.
On October 3 rd , 2019, Delta announced the acquisition of the Eureka Gold Discovery in the Thunder Bay area and
on October 16 th , 2019, the acquisition of the Delta-2 Property whi ch hosts the R-14 Gold Prospect in the
Chibougamau Mining District of 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
Tel : 514-969-5530
or
Andre Tessier, CEO and President
Tel: 613-328-1581
Cautionary Note Regarding Forward Looking Information
Some statements contained in this news release are " "forward looking information" within the meaning of Canadian securities
laws. Forward looking information include, but are not limited to, statements regarding the use of proceeds of the non-brokered
private placement and payment of the debt settlements. 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 f orward-looking information is inherently uncertain and involves risks,
assumptions and uncertainties that could cause actu al facts to differ materially. There can be no assu rance 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 wil l change as new information is received. While we m ay 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.