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 Limited has optioned the Dollier Property in Chibougamau, Quebec from Cartier Resources Inc. for a non-refundable payment of $10,000 and a commitment to issue 600,000 shares over four years, alongside $1 million in exploration expenditures. The agreement is pending TSX approval. The property, which contains significant gold prospects, will enhance Delta's existing VMS property package. Upon completion, Cartier is entitled to a 2% NSR royalty, with Delta having the right to buy back 1% for $2 million and the second 1% for $15 million.
Delta Resources Limited announced the completion of a drilling program at its Delta-1 Gold Property, located 50 km west of Thunder Bay, Ontario. A total of 1,376 meters were drilled across eight holes, targeting a gold dispersion trail identified through till sampling. Significant alteration zones were identified, extending over 400 meters. All assays are pending and expected within four to six weeks. The company has 35 million shares outstanding and is fully funded for 2021 exploration, anticipating $1 million from the sale of its Bellechasse-Timmins gold project.
Delta Resources Limited announces promising results from its recent drill campaign at the Oli-Gold discovery in Chibougamau, Quebec. Highlights include:
- 27.93 g/t over 3.3m with peaks of 106 g/t over 0.8m
- 5.74 g/t over 1.8m featuring 12.2 g/t over 0.6m
- 12.13 g/t over 3.5m including 56.70 g/t over 0.7m
Seven drill holes were executed, revealing mineralization across five holes. The company plans further drilling to investigate additional gold targets.
Delta Resources Limited has initiated a drilling program at the Delta-1 Gold Property in Ontario, targeting a significant gold anomaly coinciding with the Shebandowan Shear Zone. This follows extensive till sampling indicating high concentrations of gold grains, with drilling planned for up to 14 holes totaling 2,000 meters. Additionally, Delta has completed 1,056 meters at the Delta-2 Gold Property, with six of seven holes intersecting a mineralized zone. Assay results are pending, and the company plans to provide updates in due course.
Delta Resources Limited has commenced drilling at its Delta-2 Gold Property in Chibougamau, Quebec, beginning on March 13, 2021. The drilling aims to further investigate two mineralized zones identified in previous drill holes. A total of seven holes are planned, totaling approximately 1000 metres. Previous results highlighted high-grade gold intercepts, including 18.88 g/t over 2.5m in drill hole D2-21-28. The company is also subdividing the property to reflect its potential for hydrothermal gold and VMS deposits. Delta has 36M shares outstanding and a fully funded exploration budget for 2021.
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Delta Resources Limited has announced a significant new gold discovery at its Delta-2 Property in Chibougamau, Quebec. The discovery, made during recent drilling, revealed high-grade gold values, with notable findings including 18.88 g/t gold over 2.5m in Drill Hole D2-21-28. This discovery allows for future expansion within a new NE-trending corridor of over five kilometers. Delta aims to continue drilling in this promising area, following the successful identification of multiple mineralized zones that suggest a robust mineralization system.
Delta Resources Limited will participate in the Prospectors and Developers Association of Canada (PDAC) 2021 Virtual Convention from March 8-11, 2021. Starting March 1, the public can visit their virtual booth to access presentations and set up one-on-one meetings with CEO Andre Tessier. Delta operates two promising projects: DELTA-1 near Thunder Bay, Ontario, and DELTA-2 in Quebec's Chibougamau District. The company has 36 million shares outstanding and is fully funded for 2021, expecting an additional $1 million from the sale of its Bellechasse-Timmins gold project.
Delta Resources Limited has successfully completed a non-brokered private placement, issuing 857,142 units at $0.35 each, raising $300,000. The proceeds will fund exploration drilling at the Delta-2 property in Quebec. Notably, both SIDEX and SDBJ provided equal contributions of $150,000 each, showcasing strong local support. Delta's projects, DELTA-1 and DELTA-2, focus on gold and base metals, positioning the company well within the Canadian mineral exploration landscape. Delta has 36 million shares outstanding and anticipates an additional $1 million in payments from the sale of its Bellechasse-Timmins project.