Delta Releases Complete 2024 Drilling Results, Eureka Zone in Thunder Bay, Ontario

In This Article:

New Results include: 1.24 g/t Gold over 22m, 1.01 g/t Gold over 19.1m and 1.56 g/t Gold over 13.2m

Kingston, Ontario--(Newsfile Corp. - June 27, 2024) - Delta Resources Limited (TSXV: DLTA) (OTC Pink: DTARF) (FSE: 6GO1) ("Delta" or "the Company") is pleased to provide final assay results from its 2024 drilling program at its 100% owned Delta-1 Gold project. A total of twenty-nine (29) drill holes and two (2) drill hole extensions were completed between January and May 2024 for a total of 9,286 metres (complete results are shown at Table 1).

The objective of the drill campaign was to increase Delta's gold inventory at Delta-1, increase Delta's knowledge of the gold deposit and to expand the deposit size through exploration holes to the east, west and at depth.

Highlights of the Complete Drilling Program: (*) Asterix indicate new results

Best results:

  • Drill Hole D1-24-34ext: 1.09 g/t Au over 21.0 m.

    • Drill Hole D1-24-87: 1.66 g/t Au over 10.5 m.

    • Drill Hole D1-24-88: 1.05 g/t Au over 12.2 m.

    • Drill Hole D1-24-89: 1.03 g/t Au over 16.1 m.

  • Drill Hole D1-24-90: 15.94 g/t Au over 10.0 m.

  • Drill Hole D1-24-95: 1.42 g/t Au over 24.1 m. and 1.68 g/t Au over 9.0 m.

  • Drill Hole D1-24-96: 1.64 g/t Au over 29.5 m.

  • *Drill Hole D1-24-98: 1.01 g/t Au over 19.1 m.

  • *Drill Hole D1-24-106: 1.24 g/t Au over 22.0 m.

  • *Drill Hole D1-24-112: 0.98 g/t Au over 28.0 m. incl. 1.56 g/t Au over 13.2 m.

High-Grade results:

  • Drill Hole D1-24-87: 22.3 g/t Au over 0.8 m.

  • Drill Hole D1-24-89: 9.40 g/t Au over 1.0 m.

  • Drill Hole D1-24-90: 15.94 g/t Au over 10.0 m.

incl. 57.80 g/t Au over 1.0 m. and 99.40 g/t Au over 0.90 m.

  • Drill Hole D1-24-93: 3.71 g/t Au over 3.2 m.

  • Drill Hole D1-24-96: 7.46 g/t Au over 3.5 m.

    • *Drill Hole D1-24-98: 7.43 g/t over Au 1.5 m.

    • *Drill Hole D1-24-107: 26.5 g/t over Au 0.8 m.

    • *Drill Hole D1-24-112: 9.24 g/t over Au 1.0 m.

New high-grade South-Zone intersected in two drill holes:

  • *Drill Hole D1-24-108: 6.25 g/t Au over 1.3 m.

  • *Drill Hole D1-24-109: 11.40 g/t Au over 0.8 m.

Best Intercept to date in the Eastern Zone:

  • *Drill Hole D1-24-100: 0.49 g/t Au over 15.3 m.

  • *Drill Hole D1-24-101: 0.64 g/t Au over 14.0 m.

Zone was Extended to 290-300 metres vertical:

  • Drill Hole D1-24-17ext: 1.18 g/t Au over 12.0 m. (300 m. vertical)

  • Drill Hole D1-24-96: 7.46 g/t Au over 3.5 m. (290 m. vertical)

André Tessier, President, and CEO commented: "With every phase of drilling, Delta is confirming the internal continuity of the gold-mineralized system at the Eureka Zone. Drilling has now extended the zone to a vertical depth of 300 metres vertical with drill holes D1-24-96 and 17 Extension. To the east, drill holes D1-24-100 and 101 returned our best intersections yet in the Deep Blue target, at shallow depths and 180 metres apart. The technical team at Delta is now integrating this new data to the current geological model, to guide our next drilling campaign likely in the fall 2024. Meanwhile, a property-scale exploration program is underway to identify new targets on the newly expanded property that now covers an impressive 220 square kilometres. These are exciting times for Delta and we look forward to providing steady news of our progress."