Delta Signs Drill Contract for Chibougamau, Quebec
Delta Signs Drill Contract for Chibougamau, Quebec
Tuesday, October 20, 2020 / Kingston, ON / Accesswi re . Delta Resources Limited (“Delta” or “the
Company”) ( DLTA:TSX-V )(GOLHF: OTCBB ) ( 6G01:Frankfurt ) is pleased to announce that it has signed
a drill contract with Miikan Drilling Limited of Chibougamau, Quebec.
The contract is for a minimum of 5,000 metres and m ay extend up to 10,000 metres of NQ core. The drill
campaign is for the Delta-2 property in Chibougamau, Quebec where Delta will drill a number of Gold and
VMS targets. Drilling is expected to begin in October when a drill becomes available and further details on
the start date and specific targets to be drilled will be announced shortly.
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, located 50km west of Thunder Bay, Ontari o where a 1000m drilling program was
completed in Nov. 2019, testing the newly discovered Eureka Gold prospect. Results so far show
very wide intercepts of low-grade gold in a km-scale alteration zone.
• DELTA-2, located 35km SE of the Chibougamau, Queb ec, where preliminary due diligence and
prospecting work discovered two new gold occurrences where grab samples returned up to 55,8
g/t Au and 11,45 g/t Au.
Delta also owns a 100% interest in the Bellechasse-Timmins gold deposit in SE Quebec, which contains a
43-101 gold resource of 171,000 oz @1.83 g/t gold (indicated) and an additional 95,000 oz @1.36 g/t gold
(inferred). On July 3, 2020, Delta signed an agreem ent with Yorkton Ventures Inc for the sale of the
Bellechasse-Timmins project for $1,7M payable over 15 months of signing.
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:
Contact Delta Resources Limited
Frank Candido, Chairman
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 o f the debt settlements. Generally, forward-looking information
can be identified by the use of forward-looking ter minology such as "plans", "expects", "is expected", "budget",
"scheduled", "estimates", "forecasts", "intends", " anticipates", "believes" or variations of such word s and phrases
(including negative or grammatical variations) or s tatements 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 unce rtain and involves risks, assumptions and uncertain ties 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-loo king information contained in this press release co nstitutes
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.