Delta Resources Completes Upsized 5,237-Metre Fall Drilling Program at the Delta-1 Gold Property and Announces Completion of High-Resolution Drone Mag Survey, Thunder Bay, Ontario
Rhea-AI Summary
Delta Resources (OTC: DTARF) completed its 2025 fall drill program at the Delta-1 property, totaling 26 diamond holes and 5,237 metres, exceeding planned meterage and holes.
The final two holes targeted the Wedge sector, 5 kilometres west of the Eureka gold deposit and previously undrilled by Delta. Drilling followed 2025 surface mapping, sampling and IP surveys. Delta also completed a high-resolution drone magnetic survey to refine targets ahead of follow-up drilling in the Shabaqua area and Wedge sector. Assay dispatch experienced brief delays; assay results will be reported after QA/QC.
Positive
- Completed 5,237 metres across 26 diamond holes
- First Delta drilling in the Wedge sector (5 km west of Eureka)
- Finished high-resolution drone magnetic survey to refine targets
Negative
- Sample dispatch experienced brief delays
- Assay results are pending and not yet reported
News Market Reaction
On the day this news was published, DTARF declined 0.46%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
Peers showed mixed moves: BLUE STAR GOLD (0%), GOLD TERRA (+1.77%), IRVING RES (+9.09%), KLONDIKE GOLD (-4.25%), KIRKLAND LAKE DISCOVERS (+17.53%). DTARF’s -1.88% move contrasts with this mixed backdrop, suggesting stock-specific trading rather than a clear sector-wide trend.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 04 | Drilling update | Positive | -0.5% | Completion of upsized 5,237 m drill program and drone mag survey at Delta-1. |
| Oct 28 | Conference participation | Positive | -1.5% | Attendance at New Orleans Investment Conference to present and meet investors. |
| Oct 08 | Field and drilling work | Positive | +0.0% | Completion of till survey, start of environmental baseline, and Phase II drilling. |
| Sep 17 | Drilling commencement | Positive | +4.4% | Launch of Phase II drilling at Shabaqua Zone and Eureka extensions at Delta-1. |
| Sep 04 | Conference and asset marketing | Positive | -10.0% | Participation in Precious Metals Summit and marketing of Delta-2 property. |
Recent news, including drilling and conference updates, has often been met with flat to negative next-day moves, even when operationally constructive.
This announcement continues a series of updates centered on the Delta-1 gold property near Thunder Bay. Since September 2025, Delta has reported the start of Phase II drilling (> 3,100 m over 13 holes), completion of a regional till survey and environmental baseline work, and participation in investor conferences to highlight the project and potential Delta-2 divestiture. The current release confirms completion of an upsized 5,237 m drill program over 26 holes plus a high‑resolution drone magnetic survey, extending the same exploration and derisking theme.
Market Pulse Summary
This announcement confirms completion of an upsized 5,237 m drill program over 26 holes at Delta-1 and a high‑resolution drone magnetic survey, extending systematic exploration around the Eureka Gold Deposit and satellite targets such as the Wedge sector. Recent history shows ongoing fieldwork, baseline studies, and conference outreach. Investors may focus on forthcoming assay results, follow‑up drill plans, and how new geophysical data reshapes targeting around Shabaqua and other zones.
Key Terms
induced polarization (ip) geophysical surveys technical
drone magnetic survey technical
qa/qc technical
national instrument 43-101 regulatory
AI-generated analysis. Not financial advice.
Toronto, Ontario--(Newsfile Corp. - December 4, 2025) - Delta Resources Limited (TSXV: DLTA) (OTC Pink: DTARF) (FSE: 6GO1) ("Delta" or "the Company") is pleased to announce that its 2025 fall drilling program at the Delta-1 Property, located 50 kilometres west of Thunder Bay, Ontario, has been successfully completed. The program consisted of twenty-six (26) diamond drill holes totaling 5,237 metres, exceeding both the originally planned meterage and the number of holes. In addition to the previously announced target sectors, the final two holes of the campaign were completed in the Wedge sector, a priority target area 5 kilometres west of the Eureka Gold Deposit that had not previously been drilled by Delta Resources.
The fall drill program was designed to continue advancing the Company's understanding of the structural controls and extensions of mineralization surrounding the Eureka Gold Deposit, while testing additional satellite zones to support potential future expansion. Drilling focused on high-priority targets identified through 2025 surface mapping, sampling, and Induced Polarization (IP) geophysical surveys.
Map of Fall-2025 Drill Hole Locations
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8482/276893_411349f9b4711ada_001full.jpg
Delta has also just completed a high-resolution drone magnetic survey to expand previous coverage and support ongoing exploration efforts. The new data will help refine targets in anticipation of follow-up drilling in both the Shabaqua target area and the Wedge sector.
Map of High-Definition Drone Mag Survey Areas
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8482/276893_411349f9b4711ada_002full.jpg
Ron Kopas, Interim Chief Executive Officer of Delta, commented:
"The drill campaign proceeded very efficiently and as a result, we were able to add a substantial amount of drilling beyond what was initially planned. The expanded program allowed us to test new target areas, including the Wedge sector, while continuing to evaluate extensions to the Eureka Gold system. Due to the unexpectedly rapid pace of operations and minor core-cutting issues at the outset of the program, the dispatch of samples to the laboratory experienced brief delays; nevertheless, we expect to receive and report assays from this latest round of drilling shortly."
Assay results will be reported as soon as they are received, compiled, and have successfully passed QA/QC review.
On Behalf of the Board of Delta Resources Limited
Qualified Person
Daniel Boudreau, P.Geo., Manager of Exploration at Delta Resources Limited, is the Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical information contained in this press release.
Neither the 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.
About Delta Resources Limited
Delta Resources is a Canadian mineral exploration and project development company focused on its Delta-1 project in Ontario, where it has discovered a large, near-surface gold deposit located 50 kilometres west of Thunder Bay, directly adjacent to the Trans-Canada Highway. The Eureka Gold Deposit extends 2.5 km in strike length, from surface to over 300 metres in depth. Highlights include drill intercepts such as 5.92 g/t Au over 31 metres (including 14.8 g/t Au over 11.9 metres), and 1.79 g/t Au over 128.5 metres. Mineralization has been observed up to 600 metres vertical depth and remains open in all directions. The property covers 297 square kilometres containing multiple corridors of intense alteration and deformation on strike with, and to the south of, the Eureka Gold Zone, many of which remain under-explored.
We seek safe harbour. Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange has not approved nor disapproved the information contained herein.
For Further Information:
Frank Candido, Chairman
Tel: 514-969-5530
fcandido@deltaresources.ca
Ron Kopas, CEO (Interim)
rkopas@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. 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 event.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/276893
FAQ
What did Delta Resources (DTARF) complete on December 4, 2025 at Delta-1?
Why is drilling in the Wedge sector important for DTARF investors?
When will DTARF report assay results from the fall 2025 drilling?
How will the drone magnetic survey affect DTARF's exploration plans?
Did the Delta-1 program exceed its original plan and by how much?
