Delta Expands Land Position with Orebot Acquisition, Strengthens Delta-1 Property

Delta Resources Limited has acquired a 100% interest in the Orebot property, further expanding its strategic land position at the Delta-1 project in Thunder Bay, Ontario. The newly acquired Orebot property consists of 39 claim units, covering 743 hectares, in two blocks that are contiguous with the Delta-1 expansion.

The eastern block extends Delta’s coverage of the Shebandowan Structural Zone by nearly four kilometers, bringing the property within three kilometers of the Tower Gold Zone. The southern block includes a polymetallic occurrence where historical grab samples have reported high concentrations of nickel, copper, and gold, including assays of 116 g/t Au and 175 g/t Au from past work conducted by Inco in 1988.

“Delta has assembled an outstanding land package with significant potential for multiple deposits—not only gold but also magmatic copper-nickel deposits, similar to the former producing Inco Mine. Our team is diligently working on compiling historical data, securing permits, and identifying new high-priority gold targets for further testing later this year,” said André Tessier, President and CEO.

Delta’s acquisition agreement includes a $35,000 payment and the issuance of 500,000 common shares upon TSX approval. The vendors will retain a 2% Net Smelter Return (NSR) royalty, with Delta holding the option to buy back 1% of the NSR for $1 million and a right of first refusal on the remaining 1%, up to a maximum of $4 million. Half of the shares will be subject to a regulatory hold of four months, while the remaining shares are under a voluntary six-month hold.

In parallel, Delta has engaged Red Cloud Financial Services to provide promotional services for an initial six-month term, with the option for month-to-month renewals. Delta will pay $60,000 for the initial term of services.

Daniel Boudreau, P.Geo., Delta’s Manager of Exploration, has reviewed the technical details of this announcement, ensuring compliance with NI 43-101 standards.

Delta Resources continues to focus on its flagship Delta-1 project, located 50 kilometers west of Thunder Bay. To date, the company has defined a gold mineralization zone over a 2.5-kilometer strike length, with notable drill results, including 5.92 g/t Au over 31 meters. The property spans 306 square kilometers and holds further potential for gold and base-metal discoveries. Delta also holds the Delta-2 property in Quebec’s Chibougamau District, where exploration targets include gold-rich polymetallic VMS deposits.

Delta Resources remains committed to advancing these high-potential projects, building value through focused exploration and strategic land acquisitions.

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