Delta Resources Limited reports exploration and corporate developments for its gold-focused mineral properties in Canada, led by the Delta-1 Gold Project near Thunder Bay, Ontario. Recurring updates cover claim acquisitions and land-package expansion in the Shebandowan Greenstone Belt, drilling assays at the Eureka Gold Deposit, metallurgical test work, geophysical and surface exploration programs, and participation in regional mining-industry events.
Company news also includes non-dilutive exploration funding, option and royalty arrangements tied to its project portfolio, management appointments, and early warning ownership reports involving its common shares. The coverage reflects Delta's position as a junior exploration issuer focused on advancing gold targets in Ontario while managing additional mineral claims in Canada.
Delta (OTC: DTARF) reported preliminary results from the 2024-25 I-Zone till survey and assays from a six-hole regional drill program at Delta-1 on February 27, 2026. The till survey identified three significant gold anomalies (629, 488, 152 normalized grains) and an anomalous fine-fraction value of 86.8 ppb Au.
Drilling (1,386 m) returned anomalous gold up to 0.62 g/t Au, extended Wedge Zone mineralization eastward, and highlights a large anomalous nickel trend northeast of I-Zone.
Delta Resources (OTC: DTARF) appointed Ron Kopas as CEO and promoted Daniel Boudreau, P.Geo. to Vice President of Exploration on February 19, 2026. Kopas, the company's largest individual shareholder, helped option the Delta-2 property for $8.25 million (1% NSR) and will remain on a $1 per year salary.
The company highlights strengthened technical depth led by Qualified Persons, expanded exploration momentum at Delta-1 and the Eureka Gold Discovery, and ongoing metallurgical, environmental and infill-drilling work to de-risk the project.
Delta (OTC: DTARF) reported Fall 2025 assay results at the Delta-1 Project, including 4.18 g/t Au over 17.7 m in hole D1-25-145 and 0.91 g/t Au over 16.1 m in D1-25-146. The company has initiated a preliminary metallurgical test program using ~400 kg of composite material.
Metallurgical work will include grind indices, QEMSCAN, flotation, leach testing and extended gravity recoverable gold testing, overseen by technical advisor Joe Milbourne.
Delta Resources (OTC: DTARF) announced TSXV conditional approval of its option agreement with Troilus Mining allowing Troilus to earn 100% of the Delta-2 claims.
The deal delivers up to C$8.25 million in staged cash and/or shares through Dec 15, 2028, including an initial C$1.0 million received at closing, and leaves Delta with a 1.0% NSR royalty.
Delta Resources (OTC: DTARF) reported a new gold intercept at the Nova target in the Wedge area, ~4 km west of the Eureka deposit: 1.11 g/t Au over 10.3 m in hole D1-25-153. Two Wedge-area holes expanded the Wedge footprint ~400 m east. A 1,400 m follow-up drill program is underway and an $8,250,000 option agreement on Delta-2 in Québec was announced to support ongoing exploration.
Delta Resources (OTC: DTARF) agreed to option its Delta-2 claims to Troilus Mining (TSX: TLG), allowing Troilus to earn 100% by paying C$8.25 million through Dec 15, 2028. Delta retains a 1.0% NSR (50% repurchasable for C$500,000). Initial payment includes C$500,000 cash within two business days of the effective date and a further staged schedule through 2028. Troilus will operate and fund exploration during the option period, while Delta gains near-term non-dilutive funding and ongoing royalty upside.
Delta Resources (OTC: DTARF, TSXV: DLTA) announced that effective immediately Justin Reid has resigned from the company's board to focus on his CEO duties at Troilus Mining Corp as it pursues a mine restart. Delta thanked Reid for his service and said he will remain a shareholder and act as a trusted advisor in an ongoing capacity.
The company confirmed Daniel Boudreau, P.Geo., as the Qualified Person under NI 43-101 who reviewed the technical information in the release.
Delta (OTC: DTARF) reported assays from 22 of 26 holes of its Fall 2025, 5,237 m drill program at the Delta-1 property (Jan 13, 2026). Shabaqua (1.3 km west of Eureka) returned higher-grade hits including 4.25 g/t Au over 11.8 m, 2.40 g/t Au over 4.3 m and 1.37 g/t Au over 10.5 m. Step-out drilling at Eureka extended mineralization with results such as 1.32 g/t Au over 7.0 m and 3.83 g/t Au over 3.0 m. Anomalous gold was reported in 20 of 22 holes, and mineralization remains open along strike over ~2.5 km. Four drill holes (including two Wedge holes) remain pending for assays. QA/QC used AGAT Laboratories with metallic screening protocols where applicable.
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.
Delta Resources (OTC Pink: DTARF / TSXV: DLTA) will participate in the 51st Annual New Orleans Investment Conference at the Hilton New Orleans Riverside from November 2–5, 2025. Chairman Frank Candido is scheduled to present and meet investors during the event. The conference covers major asset classes, including gold, and brings together analysts, newsletter writers, and investors for networking and market discussion.
This participation signals management engagement with the investor community and provides opportunities to discuss strategy and market outlook directly with attendees.