- Delta Resources (TSXV:DLTA) has revealed final assay results from its 2024 drilling program at the Delta-1 gold project
- Twenty-nine holes and two drill hole extensions were completed for a total of 9,286 metres
- The program’s goal was to increase the company’s Delta’s gold inventory at Delta-1
- Shares of Delta Resources are up 9.52 per cent to C$0.0115 as of 11:19 am ET
Delta Resources (TSXV:DLTA) has revealed final assay results from its 2024 drilling program at the Delta-1 gold project in Ontario.
In a news release, the company stated a total of 29 holes and two drill hole extensions were completed for a total of 9,286 metres at the project.
The program’s goal was to increase the company’s Delta’s gold inventory at Delta-1 as well as increase Delta Resources’ knowledge of the gold deposit and to expand the deposit size through exploration holes to the east, west and at depth.
“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,” Andre Tessier, CEO of Delta Resources, said in a statement. “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.”
With the exception of only three drill holes, all drill holes encountered the intense alteration zone that is host to the typical gold mineralization. Gold was also intersected in 28 out of 31 holes.
The Delta-1 project is in the Shebandowan Greenstone Belt near Thunder Bay, Ontario.
With headquarters out of Kingston, Ontario, Delta Resources is focused on the exploration of two gold and base metal projects in Canada.
Shares of Delta Resources Ltd. (TSXV:DLTA) are up 9.52 per cent to C$0.0115 as of 11:19 am ET
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