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Delta Resources Ltd.
Summary
| Project: | Delta-1 | |
|---|---|---|
| Deposit: | Delta-1 | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 2/26/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 26-2-2020: Delta Resources Ltd. announces an Exploration/Drilling Update report for its Delta-1 deposit at the Delta-1 project. Drilling results incl. 137.0m @ 0.20g/t Au from 9.0m. Wednesday, February 26, 2020 / Kingston, ON / Accesswire. Delta Resources | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Andre C. Tessier (Internal) | |
| ABSTRACT: | Wednesday, February 26, 2020 / Kingston, ON / Accesswire. Delta Resources Limited (“Delta”or “The Company”) (DLTA:TSX-V) is pleased to announce its final drill results from its first exploratory drilling program at the Delta-1 Property, 50 kilometres west of Thunder Bay, Ontario. Delta completed a total of 1,009 metres of drilling in six drill holes in late November 2019, testing the Eureka Gold Occurrence. Preliminary results were press released on January 8th, 2020 (https://deltaresources.ca/delta-resourcesannounces-preliminary-results-from-its-first-drilling-program-at-the-eureka-gold-discovery-thunder-bay-miningdistrict-ontario/). Current results include additional sampling that followed. Results to date show a very wide zone of low-grade gold mineralization intersected over a 200 metres strike length and extending vertically from surface to a depth of up to 110 metres. The mineralized zone is open to the North, West, East and at depth. “We’re very encouraged by these first results at Eureka. These wide intercepts of pervasive alteration and low-grade disseminated-style gold mineralization in weakly deformed rocks are telling us the mineralizing system is very strong. The objective of future exploration will be to identify the feeder structures that host the higher-grade gold mineralization.” | |
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