21:59:29 EDT Sun 06 Jul 2025
Enter Symbol
or Name
USA
CA



Delta Resources Ltd
Symbol DLTA
Shares Issued 132,355,155
Close 2024-12-10 C$ 0.135
Market Cap C$ 17,867,946
Recent Sedar Documents

Delta Resources to receive $200,000 OJEP grant

2024-12-10 16:37 ET - News Release

Mr. Andre Tessier reports

DELTA RECEIVES $200,000 GRANT FROM THE ONTARIO JUNIOR EXPLORATION PROGRAM TO FURTHER ADVANCE THE GOLD DISCOVERY AT DELTA-1 IN THUNDER BAY, ONTARIO

Delta Resources Ltd. has been selected to receive up to $200,000 from the Ontario Junior Exploration Program (OJEP) to further advance its exploration efforts at the Delta-1 property in Thunder Bay, Ont.

Delta is in the midst of an extensive exploration program at its newly expanded Delta-1 project, which now includes approximately 308 square kilometres of the eastern Shebandowan greenstone belt. Delta is also planning its next drill campaign set to begin in early January, 2025.

"We are once again so pleased to receive the OJEP grant this year again. The funds go a long way to advance and expand our exploration program on a non-dilutive basis at the Delta-1 project, enhancing value for all stakeholders," said Andre Tessier, president and chief executive officer of Delta.

"Investing in mineral exploration is vital to ensuring Ontario's long-term economic success and global competitiveness," said George Pirie, Minister of Mines. "This $200,000 in funding through the Ontario Junior Exploration Program (OJEP) will help Delta Resources Ltd. as they explore for gold and base metal deposits at their Delta-1 property in Thunder Bay, creating new opportunities and delivering lasting benefits to strengthen Ontario's mining sector."

About Delta Resources Ltd.

Delta Resources 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 is Delta's flagship project, where the company is building on a large gold inventory 50 kilometres west of Thunder Bay, Ont., at surface and adjacent to the Trans-Canada Highway. To date, the gold mineralization is defined over a strike length of 2.5 kilometres, from surface to a vertical depth of 300 metres. Highlights include drill intercepts such as 5.92 grams per tonne gold over 31 metres (including 14.8 grams per tonne gold over 11.9 metres), and 1.79 grams per tonne gold over 128.5 metres. The property covers 306 square kilometres, where Delta has identified multiple corridors of intense alteration and deformation on strike with and to the south of the Eureka gold zone and that have yet to be thoroughly explored.

The Delta-2 property covers 205 square kilometres in the prolific Chibougamau District of Quebec. The property holds excellent potential for gold-rich polymetallic VMS (volcanogenic massive sulphide) deposits as well as hydrothermal gold deposits. Delta targets VMS deposits such as the LeMoine past producer, where 760,000 tonnes were mined between 1975 and 1983, grading 9.6 per cent zinc, 4.2 per cent copper, 4.5 grams per tonne gold and 84 grams per tonne silver.

We seek Safe Harbor.

© 2025 Canjex Publishing Ltd. All rights reserved.