Delta Starts Drilling at Its DELTA-2 GOLD and VMS Property IN Chibougamau, Quebec.
DELTA STARTS DRILLING AT ITS DELTA-2 GOLD AND VMS PROPERTY IN
CHIBOUGAMAU, QUEBEC.
November 17, 2021 / Kingston, ON / Accesswire . Delta Resources Limited (“Delta” or “the Company”)
(TSX-V:DLTA ) ( OTCBB:DTARF ) ( FRANKFURT:6G01 ) is pleased to announce that it has begun a
comprehensive drilling program at the Delta-2 VMS a nd Gold Property, 35 kilometres southeast of
Chibougamau, Quebec.
Over 75 high-priority drill targets have been outli ned at the 194 square-kilometre property on the
combined VMS and Gold projects.
André Tessier, President and CEO commented as follo ws: “We’re extremely happy to have secured a
drill and crew from Miikan Drilling for this work, and we’re just as excited to be testing these truly fantastic
Gold and VMS targets at Delta-2. This is certainly the most important and ambitious drill campaign which
we have embarked on to date and we are very excited about the prospects for these high level and priority
targets” said Andre Tessier, President, Delta Resources Limited.
At the Delta-2 VMS project, Delta will be drill-testing:
Three (3) deep gravity anomalies with responses co mparable to those over known world-
class VMS deposits such as the Lemoine Mine (see press release June 22, 2021 ).
Up to 30 high-priority VTEM conductors showing geo physical signatures typical of VMS
deposits.
Up to 36 drill holes are planned at the property-sc ale for a possible total of 7,400m, with the highes t
priority holes drilled first.
In addition to drilling, gravity and VTEM geophysical surveys are also planned to cover the newly acquired
Dollier-Cartier property which is contiguous to the Delta-2 VMS claims.
At the Delta-2 Gold project Delta will be drill-testing:
Two (2) structures trending 060 azimuth and hostin g both the R14 gold prospect and Delta’s
new OLI gold discovery ( see press release on April 21, 2021 ). The structures span several
kilometres and remain largely untested between the gold occurrences and along strike.
A new and never drill-tested gold-bearing structur e trending 020 azimuth which hosts the
newly discovered (summer 2021) Lone Pine gold occur rence where preliminary assay
results have returned 18.8 g/t Au and 21.1 g/t Au i n grab samples. The gold structure can
be followed on LiDAR imagery for a strike length of up to 1.5km.
Several never-tested structures trending both 020 and 060 azimuth, that were outlined on
LiDAR imagery and shown to be gold-bearing during Delta’s summer and fall 2021 program
of geological mapping, sampling, prospecting, and m echanical trenching. Intersections
between structures with these prospective orientations are also targeted.
Up to 42 drill holes are planned mainly in the southern portion of the property, for a possible total of 7,750
metres. Delta is partially funding this drill campa ign through a financing announced earlier this mont h
(see press release on November 1, 2021 ) and will keep its shareholders and stakeholders appraised of
any developments with respect to the financing and the drill campaign.
Qualified Person
Andre Tessier, P.Eng and P.Geo. and President of De lta Resources Limited is a Qualified Person 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 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, 45 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, 170 km 2 in the prolific Chibougamau District of Quebec, with a
potential for hydrothermal-gold and gold-rich VMS deposits.
Delta has 37M shares outstanding is currently finan cing to fund its 2022 exploration and in addition, is
set to receive $400,000 on March 1st, 2022, through the sale of its Bellechasse-Timmins gold project i n
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 Excha nge) 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
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 informati on includes, but is not limited to, statements
regarding: the samples may be proximal to a rich bedrock source for the gold; the possibility of the same
source for gold mineralization; and the initiation of a property-scale till survey in September. Gener ally,
forward-looking information can be identified by th e use of forward-looking terminology such as "plans ",
"expects", "is expected", "budget", "scheduled", "e stimates", "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 ri sks, assumptions and uncertainties that could cause
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
constitutes management's current estimates, as of t he date of this press release, with respect to the
matters covered thereby. We expect that these estim ates 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 time or in response to any event.