Delta Resources Ltd (PK) (DTARF) Share Price

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$GOLHF Andre C. Tessier, P.Eng and P.Geo. President and CEO 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. Mr. Tessier has reviewed the drill core and the analytical results described herein.

$GOLHF 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 SGS Canada Minerals Laboratories during the analytical process.

$GOLHF Sampling and Analytical Protocol Geochemical analyses were performed by SGS Canada Minerals Laboratories in Red Lake, Ontario. Gold geochemical analyses were performed by fire assay with finish by Atomic Absorption.

The Delta-1 property is located in the Shebandowan Greenstone Belt and covers a 17km strike extent of the Shebandowan Structural Zone which also hosts the low-grade - high-tonnage Moss Lake gold deposit (Wesdome; WDO:TSX), 50 km to the west.

Following the success of Delta's pilot till survey, a property-scale till survey was also carried-out during September and October of 2020. Results are expected in late December 2020.

$GOLHF Geological mapping which shows the juxtaposition of the intensely altered and mineralized volcano-sedimentary rocks south of the highway with younger, non mineralized rocks north of the Trans Canada Highway. At that locality, the structure also corresponds with a 30-metre drop of topographic elevation.

$GOLHF Very high gold grain counts in till samples (between 41 and 457 gold grains with 78% to 99% pristine) from Delta's summer 2020 till program, located within 60 metres south of the Shebandowan structural zone.

$GOLHF A halo of intensely altered volcano-sedimentary rocks of similar strike length as the gold halo (also open to the east and west) but extending 400 to 600 metres south of the Shebandowan structural zone.

$GOLHF A gold halo grading approximately 0.2 g/t Au, extending south of the structure for at least 150 metres and for a minimum strike length of one kilometre (open to the east and west). This gold halo was defined by Delta's 2019 drill program and by grab samples that returned assays ranging from 0.2 g/t to 3.6 g/t gold collected in October 2020. Additional near-surface drill intercepts from Delta's 2029 drill program also include: 0.73 g/t Au over 22m and 0.64 g/t Au over 27.5m.

$GOLHF Since Delta acquired the Delta-1 property in October 2019, the Company has focussed its exploration efforts on the Eureka Gold occurrence area in the central-east portion of the property. This work includes Delta's maiden drilling program in November 2019 (six drill holes totaling 1000 metres), a reconnaissance basal till survey during the summer of 2020 and a geological mapping and sampling program in October 2020. All exploration work to date provide a convergence of evidence that points to the Shebandowan Structural zone and a possible subsidiary structure that lie immediately adjacent or underneath the Trans Canada Highway.

$GOLHF This initial permit, granted by the Ontario Ministry of Transportation ("MTO"), will allow Delta to drill up to 14 drill holes totalling 4,200 metres at any time between January and November 18, 2021. The drill holes will initially be testing the Trans Canada Gold Target over a minimum strike length of 700 metres underneath and south of the highway.

$GOLHF Delta Resources Limited ("Delta" or "the Company") (TSXV:DLTA)(OTCBB:GOLHF)(FRANKFURT:6G01) is pleased to announce that it was granted the necessary encroachment permit to drill-test its Trans Canada Gold target at the Delta-1 Property, 50 kilometres west of Thunder Bay, Ontario.

Need more volume here

$GOLHF 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 agreement with Yorkton Ventures Inc for the sale of the Bellechasse-Timmins project for $1,7M payable over 15 months of signing.

$GOLHF DELTA-2, located 35km SE of the Chibougamau, Quebec, 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.

$GOLHF DELTA-1, located 50km west of Thunder Bay, Ontario 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.

$GOLHF 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.

$GOLHF Michel Chapdelaine, P.Geo. and Vice-President of Exploration at Delta Resources Limited is a Qualified Person as defined by NI-43-101 and is responsible for the technical information presented in this press release

$GOLHF Delta's Phase II drilling is set to begin immediately after the completion of Phase I. Phase II will consist of an additional 3,000 metres of drilling aimed at testing a minimum of 10 Volcanogenic Massive Sulphide (VMS) targets in the eastern portion of the Delta-2 property. These VMS targets consist of isolated helicopter-borne VTEM conductors located proximal to the horizon that also hosts the past-producing Lemoine Mine. 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).

$GOLHF Targets in the southern portion of 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.).

$GOLHF Delta will be drill-testing six new gold-rich polymetallic targets in the southern portion of the Delta-2 property, including the Snowfall Gold-Silver-Copper area. This initial phase of drilling will consist of a minimum of 12 drill holes for a total of at least 2,000 metres.

$GOLHF Delta Resources Limited ("Delta" or "the Company") (TSXV:DLTA)(OTC PINK:GOLHF)(FRANKFURT:6G01) is pleased to announce the beginning of a 5,000 metre drilling program at its Delta-2 Property in Chibougamau, Quebec. Drilling contractor Miikan Drilling Limited of Chibougamau, Quebec mobilized on Sunday and started drilling at the Snowfall Gold occurrence.

Love seeing video updates like this! Company is very vocal about getting their story heard $GOLHF $DLTA

$DLTA $GOLHF News

Delta Reports High Gold Grain Count in Till Sample at Delta-1, Thunder Bay, Ontario \

https://www.otcmarkets.com/stock/GOLHF/news/story?e&id=1668769


Eight of 23 samples returned over 41 gold grains with pristine grains accounting for 78% to 99%.
One sample returned 457 gold grains per 10kg fraction with 95% of the grains being pristine.

KINGSTON, ON / ACCESSWIRE / August 12, 2020 / Delta Resources Limited ("Delta" or "The Company") (TSXV:DLTA) (OTC PINK:GOLHF)(Frankfurt:6G01) is pleased to announce results from a till sampling orientation survey at the Delta-1 Property, 50 kilometres west of Thunder Bay, Ontario.

Gold grains were recovered from every till sample of the survey with eight samples returning between 41 and 457 gold grains (on a normalized 10kg fraction-size sample). With pristine grains accounting for 78% to 99% of the total gold grains. The pristine character of the gold grains indicates that there has been very little transport and hence these samples are interpreted to be proximal to a bedrock source for the gold.

André Tessier, President and CEO commented as follows:

"These are exceptional till results considering the limited number of samples collected, suggesting a very proximal and rich bedrock source. Even more interesting, the glacial trend from this survey coupled with our 2019 drill campaign (approximately 1000 metres in 6 holes) point to the same source for gold mineralization. Delta will be returning to the Delta-1 property in September to follow up and to initiate a property-scale till survey."

The survey was carried-out to determine the effectiveness of till sampling to indicate bedrock sources of gold mineralization at the Delta-1 Project. A total of only 23 till samples were collected in the eastern part of the property to cover an area surrounding the Kasper, Matawin, and Eureka gold occurrences.

Till sample "G" was instrumental in determining the effectiveness of the method as it was collected 35 metres down-ice from the Kasper gold occurrence and was found to contain 209 gold grains /10kg with 99% of the grains being pristine.

Sample A-10, for which the bedrock source is not known, returned 457 gold grains /10kg with 95% of the grains being pristine (see attached photo). Sample A-10, is located at the apex of a dispersion glacial trail (illustrated on the attached map) that points to a 700m long target area along a fault zone trending 080º azimuth located approximately 200m northwest of Delta's 2019 drill program which intersected up to 0.73 g/t gold over 22.0m in a broad zone of altered rocks grading 0.20 g/t gold over 137m (see Delta press release February 26, 2020). .

The complete table of results is as follows (see also the attached map):

Sample


Total Grains Recovered


Grain Morphology


% Pristine
Grains


Grains / 10kg
fraction < 1mm

Pristine


Modified


Reshaped

Till-A


18


13


3


2


72%


11.54

Till-B


6


4


2


0


67%


5.65

Till-C


10


3


5


2


30%


5.96

Till-D


4


1


3


0


25%


3.95

Till-E


8


5


3


0


63%


4.01

Till-F


19


11


5


3


58%


9.32

Till-G


223


221


2


0


99%


209.30

Till-H


4


2


1


1


50%


3.48

A1


6


2


3


1


33%


4.74

A2


44


37


7


0


84%


36.11

A3


40


36


4


0


90%


23.80

A4


73


64


8


1


88%


45.72

A5


43


36


6


1


84%


26.61

A6


46


45


1


0


98%


41.08

A7


11


9


1


1


82%


7.50

A8


38


33


4


1


87%


32.36

A9


116


100


15


1


86%


76.67

A10


418


397


21


0


95%


457.02

A11


12


12


0


0


100%


13.59

A12


7


5


2


0


71%


8.09

A13


58


45


10


3


78%


50.26

A14


107


105


1


1


98%


97.12

A15


115


98


16


1


85%


116.88


https://www.accesswire.com/users/newswire/images/601275/f1ebcbe5-08fb-4436-b627-7cc03498f946.jpeg

Geology map of the eastern part of the Delta-1 property showing the dispersion trail of high gold grain counts leading to a fault zone that is subsidiary to the Shebandowan Shear Zone..

https://www.accesswire.com/users/newswire/images/601275/35367634-57bb-4a9a-8c6b-e795371017e2.png

SEM backscatter image Photo of gold grains from sample A-10 showing the pristine morphology of the grains.

The Delta-1 property is located in the Shebandowan Greenstone Belt and covers a 17km strike extent of the Shebandowan Structural Zone which also hosts the low-grade - high-tonnage Moss Lake gold deposit (Wesdome; WDO:TSX), 50 km to the west.

Sampling and Analytical Protocol

Till Sample Sites were selected based on availability of material and ease of access. Sample acquisition was facilitated by Excavator acquiring the most effective till horizon at or near bedrock interface (down-ice basal lodgement horizon of the oldest till deposit). Sample size varied between 11.6 and 22.5 kg. Samples were collected in new plastic pails, sealed, and shipped for analysis.

Till samples were analyzed by IOS Services Geoscientifiques of Chicoutimi, Quebec using the fully automated scanning electron microscope counting protocol Advanced Recovery Technology for Gold (ARTGold), an exclusive technology for the recovery of gold grains in till. ARTPhot procedure includes sieving (<1mm), concentration with fluidized bed, manual sorting for gold grain >50 microns, automated optical sorting for 20-50 micron and SEM validation of the grains.

All gold grains were extracted from the till samples, confirmed with a chemical analysis of each grain, their sizes were measured and each grain was classified by image analysis as "pristine", "modified" or "reshaped" to estimate the distance the gold grains were transported from their original bedrock source with pristine grains being the closest from the bedrock source.

QA/QC of the gold grain analysis is performed on 10% of the samples by reanalyzing fluidized rejects of the samples.

Qualified Person

Andre C. Tessier, P.Eng and P.Geo. President and CEO 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. Mr. Tessier has reviewed the drill core and the analytical results described herein.

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 3rd, 2020, Delta announced the sale of the Bellechasse-Timmins project.

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, VP Corporate Communications
Tel : 514-969-5530
fcandido@deltaresources.ca

or

Andre Tessier, CEO and President
Tel: 613-328-1581
atessier@deltaresources.ca

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 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. 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 particular event.

SOURCE: Delta Resources Limited

Interesting video I just ran across about the Gold Boom and spotlighting Delta as a nice spec play
https://www.youtube.com/watch?v=QKLyZQuUHJc&t=159s

3:15 "In terms of investors we will have a lot of news flow in the coming months"

2020 July President Message

Wow nice article thanks!!

Checkout this interesting article on $GOLHF I just ran across http://www.equityinsight.ca/Articles/82/

Nice news today

Awesome news

Last months $GOLHF Video update from the company at the Delta #2 project

$GOLHF Video Chart
https://ih.advfn.com/videos/stock-chart/delta-resources-limited-otc-golhf-video-chart-for-07-28-2020_HmSKNvsTeUM

$GOLHF News out this am
Delta Samples up to 8.66 g/t Gold, 190 g/t Silver and 3.94% Copper at Delta-2 – Chibougamau, Quebec
https://www.accesswire.com/599163/Delta-Samples-up-to-866-gt-Gold-190-gt-Silver-and-394-Copper-at-Delta-2-Chibougamau-Quebec

Yeah it is :)

Coiled and ready for new highs

NICE GREEN DAY HERE

Good morning moving up this morning :)

Ready to see a big breakout from here. She is ready!

Yep doesn’t look like it’s getting any cheaper for sure :) I hear GOLD IS HOT

Grabbed a nice chunk on Friday. Looking to get some more for the big KABOOM. GOLD IS GONNA BE HUGE $$$

Yeah it is and been hearing some buzz on GOLHF :)

Nice! GOLD BOOM 2020 IS COMING!

GREEN CLOSE ON A FRIDAY NICE!!

Check this out awesome tweet https://mobile.twitter.com/EquityInsightCA/status/1286732716533338114

Going to go PARBOLIC coming week onwards I bet ;)

NEWS YESTERDAY https://www.accesswire.com/598543/Delta-Resources-Receives-First-100000-Cash-Payment-from-Yorkton-Ventures

Wow!!! That’s crazy

Good morning!! Nice movement today gold is hot!!