Welcome to our dedicated page for Delta Res news (Ticker: DTARF), a resource for investors and traders seeking the latest updates and insights on Delta Res stock.
Delta Resources Limited (DTARF) generates frequent news flow centered on its gold exploration activities in Canada, particularly at the Delta-1 Gold Project near Thunder Bay, Ontario. Company news releases highlight drilling results, step-out programs, new target discoveries and technical updates that relate directly to the evolving scale and geometry of the Eureka Gold Deposit and surrounding targets.
Recent announcements describe multiple phases of drilling at Delta-1, including winter, spring and fall programs designed to expand the mineralized footprint along strike and to depth. Delta has reported intercepts from areas such as Eureka South, Eureka West, the Shabaqua Target, the Wedge Target and the South Horizon, as well as updates on regional work in the I-Zone sector. These releases often include detailed assay tables, cross-sections and maps, along with commentary from management and the company’s Qualified Person.
In addition to technical drilling updates, Delta’s news feed covers corporate developments such as leadership transitions, annual meeting results, warrant-related announcements and changes to its corporate office location. The company also reports on its participation in industry and investor conferences, including events like the Precious Metals Summit in Beaver Creek, the New Orleans Investment Conference, the Metal Investor Forum and PDAC, where it presents its exploration story and meets with investors and industry participants.
Investors following DTARF news can use this page to review historical and ongoing disclosures about drill programs, exploration strategies at Delta-1 and Delta-2, corporate updates and conference participation. The news items collectively provide context on how Delta is advancing its projects, prioritizing targets and communicating with the market.
Delta Resources (DTARF) has initiated the first phase of a 10,000-metre drilling program at its Delta-1 Property's Eureka Gold Zone near Thunder Bay, Ontario. The company has completed over 2,600 metres across three drill holes, intersecting wide zones of intense alteration at depths up to 500 metres. The program, which began on January 15, 2025, aims to expand the gold deposit that currently extends over 2.5 kilometres in strike length, from surface to 300 metres depth, with up to 150 metres true width.
The initial drilling phase is scheduled to continue until late-April 2025, after which Delta will evaluate potential second-phase drilling. The company's Delta-1 project spans 315.7 square kilometres, featuring notable drill intercepts including 5.92 g/t Au over 31m and 1.79 g/t Au over 128.5m. Multiple corridors of intense alteration and deformation have been identified along strike and south of the Eureka Gold Zone, presenting potential for additional discoveries.
Delta Resources (TSXV: DLTA) (OTC Pink: DTARF) has announced plans to extend the exercise period for 2.5 million warrants. These warrants, originally issued through a private placement that closed on January 31, 2023, are exercisable at $0.18 per common share. The company proposes to extend their expiry date to July 23, 2025. All other warrant terms and conditions remain unchanged. The warrant extension is pending approval from the TSX Venture Exchange.
Delta Resources (TSXV: DLTA) (OTC: DTARF) has launched its 2025 drilling program at the Delta-1 Gold Project in Thunder Bay, Ontario. The initial phase includes approximately 10,000 metres of drilling, focusing on the Eureka Gold Deposit and adjacent targets.
The program aims to expand gold inventory at Eureka, improve understanding of gold mineralization controls, and refine deposit geometry. New targets near the deposit, identified through till geochemistry and whole rock geochemistry, will be tested. Geophysical Induced Polarization surveys are ongoing to refine these targets.
To date, Delta has completed 115 drill holes totaling approximately 36,000 metres at the Delta-1 Gold project. Gold mineralization extends on strike for over 2.5 kilometres, from surface to 300 metres vertical depth, with a true width of up to 150 metres. The company will receive up to $200,000 from the Ontario Junior Exploration Program upon completion of its exploration program in February 2025.
Delta Resources (TSXV: DLTA) (OTC: DTARF) has announced plans to extend the exercise period of its warrants by 6 months. The extension applies to 9,585,000 warrants exercisable at $0.18 per common share and 2,790,068 warrants exercisable at $0.25 per common share. These warrants were originally issued through a private placement announced on December 6, 2022, and closed on December 23, 2022. The new expiry date will be July 23, 2025.
Of note, 3,000,000 warrants are held by related parties, constituting a related party transaction under regulatory guidelines. However, formal valuation and minority approval requirements are exempt as the warrants' fair market value is below 25% of the company's market capitalization.
Delta Resources (TSXV: DLTA) (OTC: DTARF) has announced significant channel sampling results from the I-Zone at its Delta-1 Expansion Property in Thunder Bay, Ontario. Two parallel channel samples were taken from a 5-metre wide granodiorite dike, yielding notable results:
- Channel #1: 1.23 g/t Au over 40.6m, including 2.12 g/t Au over 12m and 3.39 g/t Au over 5m
- Channel #2: 2.40 g/t Au over 16.2m, including 5.54 g/t Au over 5m
The I-Zone is located 19 kilometers southwest of the Eureka Gold Deposit, featuring gold mineralization in quartz-carbonate-pyrite veins with visible gold. The mineralized zone spans 3.5 kilometers in strike and 1.2 kilometers in width, situated within a fault-bounded basin of clastic sediments.
CEO.CA Technologies, a subsidiary of EarthLabs Inc. and leading investor social network for junior resource and venture stocks, has released its latest 'Inside the Boardroom' interviews. The platform, established in 2012, features exclusive conversations with Frank Candido, Chairman of Delta Resources (TSXV: DLTA | OTC: DTARF), and Colin Keddy, President of Metaguest.AI (CSE: METG). CEO.CA has established itself as one of Canada's most popular free financial websites, attracting millions of visitors annually who engage with investors globally to discuss stocks, commodities, and emerging companies.
Delta Resources has been awarded a $200,000 grant from the Ontario Junior Exploration Program (OJEP) to advance exploration at its Delta-1 property in Thunder Bay, Ontario. The company is currently conducting an extensive exploration program at the newly expanded Delta-1 project, which covers approximately 308 square kilometres of the eastern Shebandowan Greenstone Belt. Delta is planning its next drill campaign for early January 2025. The funding will support the company's exploration efforts on a non-dilutive basis, contributing to Ontario's mining sector development.
Delta Resources (TSXV: DLTA) has received two exploration permits for early-stage mineral exploration at the Delta-1 Expanded property in Thunder Bay, Ontario. Over 90% of the property is now permitted for early-stage exploration, including diamond drilling. Additionally, the company has granted 4,005,000 stock options to management, board members, employees, and consultants, exercisable at $0.20 for 3 years from the grant date with immediate vesting.
Golden Share Resources has signed a Property Purchase Agreement with Delta Resources on November 18, 2024, granting Delta 100% interest in the Elwood property. The property, located west of Thunder Bay, Ontario, covers 16.85 hectares and includes one patented mining claim in Duckworth Townships. Additionally, Golden Share has extended its Share Exchange Agreement with Lipari Diamond to December 31, 2024. The regulatory documentation for the listing is largely complete, with third-party capitalization remaining as the final step to close the RTO.