Mr. Ron Kopas reports

DELTA RESOURCES LIMITED PROVIDES CORPORATE UPDATE TO SHAREHOLDERS

Delta Resources Ltd. has provided a corporate update to its valued shareholders from interim chief executive officer Ron Kopas.

Dear shareholders,

On the back of recent leadership changes I wanted to reach out to our shareholders to update them on where we are going and what to expect in the coming months.

Over the past several months, we have undertaken a comprehensive technical and strategic review. What has become readily apparent to me is the value gap between what we believe we have and what our current market price is reflecting. As an experienced project developer, one of my primary focuses will be to demonstrate the economic case for Delta-1 as we believe already exists today and a road map of how we can increase that potential value.

A critical component of this exercise is having our primary exploration focus in Thunder Bay, Ont., where Delta Resources is part of advancing what we believe will become one of Canada's next important mining camps. It is clear both Delta Resources, and several of our neighbours, are generating excellent exploration results, but what I am finding is the significant cost advantages in our location, which have the potential to materially differentiate the cost and time to market versus other locations (even if they may benefit from higher-grade discoveries), have more complicated development challenges.

Our view is the reality of the current and forward-looking gold price has not caught up with areas like Thunder Bay, where business development will be much more rapid. We also believe we have the board, management team, access to capital and network to be opportunistic as situations arise.

The recent in-depth analysis has reinforced our confidence in the quality of our flagship discovery at Eureka and furthermore the upside potential on both Eureka and other exciting targets on our over 29,700 hectares (297-square-kilometre) land package, Delta-1 project in the Shebandowan greenstone belt.

Based on the outcomes of this review, we are finalizing plans for an exciting and focused autumn drill program. This campaign will build on previous successes and target high-priority areas, while also fleshing out the development potential based on our existing results. Full details of the drill program will be announced in the coming weeks.

In line with our strategy to focus our efforts at Delta-1 in Thunder Bay, Ont., Delta has begun marketing its Delta-2 property package in Chibougamau, Que. The property consists of 405 claims, 21,783 hectares (217.83 square kilometres) of property. Delta has invested over $6-million in the property, and we believe this high-potential property offers excellent exploration upside and presents a strong opportunity for parties with regional synergies. Monetizing this asset will allow us to further focus our efforts on our core project as well as providing a non-dilutive source of capital.

In addition, to better align our corporate presence with our strategic direction, Delta has relocated its head office from Kingston, Ont., to Toronto, Ont. Our new corporate offices are now located within the Troilus Gold Corp. offices at 36 Lombard St., floor 4, Toronto, Ont., M5C 2X3. This move, places us at the centre of Canada's mining and financial industry, allowing for enhanced collaboration and accessibility as we continue to grow.

As Delta's largest investor and shareholder, I am 100-per-cent focused on creating shareholder value and believe we need to bridge the significant value gap that exists today by demonstrating the business potential as it currently stands and the very significant upside we have in the region.

We look forward to providing more updates in the near term. Please feel to reach out if you have questions on Delta-1, or want further information on the excellent Delta-2 property.

About Delta Resources Ltd.

Delta Resources is a Canadian mineral exploration company focused on its Delta-1 project in Ontario, Canada, where the company discovered a large gold deposit 50 km 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 m depth. Highlights include drill intercepts such as 5.92 grams per tonne Au over 31 m (including 14.8 g/t Au over 11.9 m), and 1.79 g/t Au over 128.5 m. The property covers 297 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 has yet to be thoroughly explored.

We seek Safe Harbor.