Delta Resources Limited - Mining Stock Analysis & Updates
Latest News and Market Performance for Delta Resources Limited
Perm ID: 1-4296378897
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Delta Resources Provides an Update for Its 2025 Winter Drill Program at the Delta-1 Gold Property
Delta Resources Limited is updating on its 10,000-metre drilling program at the Delta-1 Property near Thunder Bay, Ontario, aimed at expanding gold inventory. The program is ongoing, with significant findings so far, and the company will also participate in upcoming investor forums.
Delta Announces Warrant Extension
Delta Resources Limited plans to extend the exercise period for 2.5 million warrants at $0.18 per share to July 23, 2025, following their private placement in January 2023. The extension is pending TSX Venture Exchange approval. The company is focused on its gold deposit project in Ontario.
Delta Resources Starts Initial 2025 Drilling Program at the Delta-1 Gold Project in Thunder Bay, Ontario
Delta Resources Limited has launched its 2025 drilling program at the Delta-1 Project in Thunder Bay, Ontario, focusing on the Eureka Gold Deposit with an initial 10,000 metres of drilling. The aim is to expand gold inventory, refine deposit geometry, and test new targets nearby.
Delta Announces Warrant Extension
Delta Resources Limited plans to extend the exercise period for nearly 12.4 million warrants by six months, now expiring on July 23, 2025. This constitutes a related party transaction, with exemptions applicable under specific regulations. A material change report will be filed.
Delta I-Zone Channel Samples Return 1.23 g/t Gold Over 40.6 metres and 2.4 g/t Gold Over 16.2 metres In a 5 metre Wide Dike at Surface at The Delta-1 Property in Thunder Bay, Ontario
Delta Resources Limited announces promising assay results from channel sampling at the I-Zone of its Delta-1 Expansion Property in Thunder Bay, Ontario, highlighting gold mineralization with significant grades, and indicating a potential for further exploration.
Delta Receives $200,000 Grant from the Ontario Junior Exploration Program to Further Advance the Gold Discovery at Delta-1 in Thunder Bay, Ontario
Delta Resources Limited has been awarded up to $200,000 from the Ontario Junior Exploration Program to enhance exploration at its Delta-1 property in Thunder Bay. The funding supports their ongoing efforts in mineral exploration, promoting economic growth in Ontario.
Delta Receives Exploration Permits Ahead of 2025 Drilling at the Delta-1 Expanded Property in Thunder Bay, Ontario and Grants Stock Options
Delta Resources Limited has obtained two exploration permits for early-stage mineral exploration at the Delta-1 Expanded property in the Thunder Bay District of Ontario. This permits 90% of the property for exploration, including diamond drilling. The company has also granted over 4 million stock-options to its management, board of directors, employees, and consultants. Delta Resources is a Canadian mineral exploration firm that is currently focused on two high-potential gold and base-metal projects in Canada. The Delta-1 and Delta-2 properties are located in Ontario and Quebec respectively.
Delta Resources Announces Closing of a Premium Charity Flow Through Financing and Ron Kopas Joins the Board of Directors
Delta Resources Limited has successfully closed its non-brokered private placement offering, issuing 25,000,000 Charity Flow-Through Units at $0.20 per unit, totaling $5 million in gross proceeds. The funds raised will be used to finance Canadian exploration expenses. Additionally, Ron Kopas, a business founder and investor with international experience, has joined the company's Board of Directors.
Delta Resources Announces A Premium Charity Flow Through Financing
Delta Resources Limited has announced a partnership with Wealth Creation Preservation & Donation Inc. to create a private placement offering of up to 25,000,000 Charity Flow-Through Units at $0.20 per unit, intending to raise up to $5 million. The proceeds will be used for eligible "Canadian exploration expenses" and to conduct further exploration at the Delta 1 property in Thunder Bay, Ontario. The offering, which is subject to regulatory approvals, is expected to close on November 15, 2024.
Delta Furthers Its Strategic Land Acquisition in the Eastern Shebandowan Greenstone Belt in Thunder Bay, Ontario
Delta Resources Limited has acquired a 100% interest in 11 claims from Metals Creek Resources Corp and the right to earn a 100% interest in an additional eight claims held by Gold Cache Inc. This acquisition increases Delta's land package in the Eastern Shebandowan Greenstone Belt to over 30,833 hectares. The newly acquired claims are all contiguous with Delta's existing property and host several gold occurrences. There are no work commitments on these new claims or on the entire Delta land package. The company aims to control the highly prospective gold-endowed belt in the area.
