02:20:27 EDT Sat 19 Jul 2025
Enter Symbol
or Name
USA
CA



Delta Resources Ltd
Symbol DLTA
Shares Issued 133,905,155
Close 2025-07-16 C$ 0.10
Market Cap C$ 13,390,516
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Delta Resources president, CEO Tessier resigns

2025-07-16 20:13 ET - News Release

Mr. Frank Candido reports

DELTA RESOURCES ANNOUNCES LEADERSHIP TRANSITION

Delta Resources Ltd. president and chief executive officer Andre Tessier will be stepping down from his role effective immediately. Mr. Tessier has served as president and CEO since June 20, 2019, and under his leadership, Delta has advanced its exploration programs and strengthened its technical foundations. The board of directors expresses its gratitude for his years of dedication and leadership.

Ron Kopas, director, will act as interim president and CEO during which the board will commence a search process to identify a successor who can lead delta through its next phase of growth, focusing on capital markets engagement, project development and operational execution.

"On behalf of the board, I want to thank Andre for his commitment and service to Delta," said Frank Candido, chairman of the board.

"Troilus Gold Corp. (TSX: TLG) remains one of Delta's largest strategic shareholders and has committed technical support to Ron and the entire Delta team as the company continues to define the Shebandowan belt as one of the newest emerging gold camps in Canada," commented Justin Reid, president and CEO of Troilus Gold Corp and director at Delta Resources.

About Delta Resources Ltd.

Delta Resources is a Canadian mineral exploration company focused on its Delta 1 project in Ontario, Canada, where the company has discovered a large gold deposit 50 kilometres west of Thunder Bay, at surface and adjacent to the Trans-Canada highway. To date, the gold deposit is 2.5 km long, from surface to 300 metres depth. Highlights include drill intercepts such as 5.92 grams per tonne Au over 31 metres (including 14.8 g/t Au over 11.9 m), and 1.79 g/t Au over 128.5 m. The property covers 308 square kilometres, where Delta has identified multiple poorly explored corridors of intense alteration and deformation, on strike with and to the south of the Eureka gold zone.

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