Delta Samples up to 8.66 G/T GOLD, 190 G/T Silver and 3.94% Copper at DELTA-2
DELTA SAMPLES UP TO 8.66 g/t GOLD, 190 g/t SILVER and 3.94% COPPER
AT DELTA-2 – CHIBOUGAMAU, QUEBEC.
July 28, 2020 / Chibougamau, Quebec / Accesswire . Delta Resources Limited (“Delta” or the “Company”)
(DLTA:TSX-V) (GOLHF: OTCBB) (6G01:Frankfurt) is pleased to announce initial results from a rock sampling
program at the Snowfall Gold Discovery (see Delta press release November 26, 2019).
In June 2020, Delta geologists with the help of a team of consultants from Laurentia Exploration and local
prospectors, carried-out a bedrock mapping and sampling program coupled with boulder tracing at the Delta-2
property in Chibougamau, Quebec. Part of the program covered the site of the Snowfall Gold occurrence, a
discovery made through prospecting in November 2019 (see Delta press release November 26, 2019). Two
additional mineralized outcrops and one mineralized boulder have been located at the site and sample results
are as follows:
Easting Northing Gold g/t Silver g/t Copper % Material Sampled
*Snowfall Outcrop: 549 944 5 496 974 11.45 n/a n/a Composite vein-host
10.1 n/a n/a Host rock gossan
9.97 n/a n/a Quartz vein
5.62 n/a n/a Host rock material
AB-05 Outcrop: 549 856 5 496 922 5.59 7.6 n/a Altered basalt
**007 Outcrop: 549 987 5 496 790 8.66 190 3.94 Quartz-sulphide vein
007 Boulder: 549 980 5 496 780 2.7 47.7 n/a Quartz-sulphide vein
*Previously reported November 26, 2019.
**Grab sample from initial trench July 2020.
Mineralized samples have now been discovered over a north-south direction of 184 metres and 131 metres in the
east-west direction. Also new at Snowfall are the high copper and silver values.
In addition to sampled outcrops, two mineralized boulders of quartz vein with trace disseminated chalcopyrite have
also been discovered at the site; pointing to a nearby source to the north-northeast of the gold occurrence. Assays
values of these boulders are as follows:
Easting Northing Gold g/t Silver g/t Copper % Material Sampled
AT-116.f 549 980 5 496 909 0.44 17.7 n/a Quartz vein Boulder
AT-116.g 549 984 5 496 917 1.25 5.6 n/a Quartz vein Boulder
Michel Chapdelaine, Vice-President of Exploration commented as follows:
”This is a totally new discovery in a well-known mining camp. The target area surrounding the Snowfall Gold-
Copper occurrence covers an area well over 5 square kilometres and not one historical drill hole is reported in the
area.”
André Tessier, President and CEO commented as follows:
” We have a tremendous opportunity to make a significant discovery in a mature camp where multiple deposits
already exist. Our team of geologists is extremely excited and motivated by this new discovery. We’re looking
forward to receiving the results of our channel sampling shortly.”
As reported on July 9 th, 2020, Delta is currently carrying out a mechanical trenching program at Delta-2, which
includes the Snowfall Gold occurrence. Mechanical trenching at Snowfall uncovered strong and pervasive
alteration zones hosting different mineralized quartz veins at the contact of the La Dauversière Pluton. Three (3)
trenches were completed spaced by more than 150 meters from each other. Channel sampling work has been
completed and assays are pending.
Targets at the Delta-2 project consist of magmatic-hydrothermal gold deposits related to the La Dauversiere pluton,
such as the Joe Mann past producer (1956-2007: 1.173 million ounces of gold at a grade of 8.26 g/t Au, 607,000
ounces of silver at 5 g/t Ag and 28.7 million pounds of copper at 0.25% Cu) (Source: Technical Report on the Joe
Mann Mining Property dated January 11, 2016, prepared by Geologica Inc.). In addition, Delta is targeting VMS
mineralization similar to the Lemoine Mine which is located 1.5 kilometre north of the property. Between 1975 and
1983, the extraordinarily rich Lemoine Mine produced 757,585 tonnes of ore grading 9.52% Zn, 4.18% Cu, 4.56
g/t Au and 82.26 g/t Ag (Source: www.sigeom.mines.gouv.qc.ca).
Analytical Protocol and Qualified Person
Geochemical analyses were performed by Laboratoire Expert Inc, Rouyn-Noranda. Gold geochemical analyses
were performed by fire assay with finish by Atomic Absorption. For samples grading over 3 g/t Au, the sample
was re-analyzed by fire assay with gravimetric finish. Silver and base metal assays were analyzed by aqua regia
(ICP).
The quality assurance and quality control protocol include insertion of blank or standard in addition to the
regular insertion of blank, duplicate, and standard samples accredited by Laboratoire Expert during the
analytical process.
Michel Chapdelaine, P.Geo. and Vice-President of Exploration at 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.
About Delta Resources Limited
Delta Resources Limited is a Canadian mineral exploration company focused on growing shareholder value
through the acquisition of high-potential gold and base-metal projects in Canada, exploring these projects with
state-of-the-art methods, and potentially developing these projects into mines.
Delta is currently exploring its Eureka Gold Discovery in the Thunder Bay area (Delta-1) and its Delta-2 Gold-
Polymetallic Property in the Chibougamau Mining District of Quebec.
Delta also owns a 100% interest in the Bellechasse-Timmins gold deposit in southeastern Quebec. On July 3 rd,
2020, Delta announced the sale of the Bellechasse-Timmins project to Yorkton Ventures for $1.7M.
The Company continues to focus on building upon its strong portfolio of mineral exploration properties with a high
potential for economic discoveries in Canada.
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 and Vice-President Corporate Communications
Tel: 514-969-5530
or
Andre Tessier, President and CEO
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",
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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 particular event.