Delta Intersects 1.37 g/t Au over 38.5m Including 4.82 g/t Au over 8.6m at Delta-1 in Thunder Bay
Delta Resources Limited (TSXV: DLTA) (OTCBB: DTARF) (FSE: 6GO1) ("Delta" or "the Company") is pleased to provide additional assay results from its second phase of drilling announced on June 6, 2023 at the Delta-1 Gold project located 50 km west of Thunder Bay, Ontario.
So far in 2023, Delta has completed 60 drill holes (D1-23-26 to D1-23-86) for a total of 19,620 metres. Assay results for twenty (20) drill holes are still pending.
Interpretation of Results:
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Drill holes D1-23-64 and D1-23-65 were drilled in gaps within the previously interpreted grade shells shown at Figure 2. Results show continuity within the mineralized zone and the higher grades will help to increase the average grade of the overall gold zone.
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Drill holes D1-23-63 and D1-23-66 were drilled, searching for the depth extension of the gold mineralized zone but pierced below the newly interpreted high-grade ore shoots (see Figure 2).
André Tessier, President and CEO, commented: "The Eureka Gold Zone continues to show good continuity and good gold grades. As drilling continues, our exploration team is gaining valuable knowledge about the controls on the gold mineralization. The size and complex overprinting relationships of this altered and mineralized corridor are indicative of a long-lived mineralizing system with all the ingredients for a large gold deposit. We look forward to applying our new-found knowledge at Eureka to the rest of the alteration corridor."
Delta has approximately $7.5 Million Dollars in cash and its Fall/Winter 2023 and Spring 2024 Exploration programs are fully funded.
Tags: Northern Ontario / Exploration / Gold / All Articles