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Home > News > Delta Resources hits new...

Delta Resources hits new high-grade gold zones at Delta-1 in Thunder Bay

Oct 23, 2023


Delta Resources Limited is pleased to provide additional assay results from its second phase of drilling previously announced on June 6, 2023 at the Delta-1 Gold project located 50 km west of Thunder Bay.

Results of five (5) additional drill holes are provided following the release of twenty-eight (28) drill holes on September 12, 2023 and October 5, 2023.

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 fifteen (15) drill holes are still pending.

Highlights:

Increased Gold Inventory at Delta-1:

  • D1-23-69 intersected 2.25 g/t Au over 27.8 metres,
    • including a two-metre interval grading 16.16 g/t Au,
    • This intersection extends the Beta Zone near surface for 50 metres west of drill holes D1-23-29 and D1-23-30, further extending a zone grading over 2 g/t Au at surface. 
  • D1-23-70 extended the mineralized envelope 100 metres west of drill hole D1-23-69
    • with near-surface gold intercepts grading significantly above what is anticipated as cut-off grades of 0.3 g/t Au for a potential open pit operation.
  • D1-23-67 intersected 0.95 g/t Au over 20.2 metres,
    • fills a gap in drilling between drill holes D1-23-38 and D1-23-40,
    • shows the continuity of the gold mineralized zone to the east of the NE-trending cross-fault responsible for the offset of the mineralized zone.
  • Drill hole D1-23-68 intersected 0.54 g/t Au over 64.6 metres,
    • Located 100 metres below drill hole D1-23-40, east of the NE-trending cross-fault (figure 3).

New High-Grade Zones intercepted at depth:

  • D1-23-67 intersected 24.4 g/t Au over 1.5 metres,
  • D1-23-68 intersected three new zones returning 0.98 g/t Au over 27.3 metres, 12.5 g/t Au over 1.0 metres and 11.2 g/t Au over 1.5 metres.

André Tessier, President and CEO commented: "We continue to receive very encouraging drill results at Delta-1 and our level of excitement continues to grow. The new results are actively being integrated into our ongoing geological modelling and target review process. Once this review process has been completed, we look forward to continuing the drill program with the objective of growing the size of this very exciting gold project in this exceptional Canadian location surrounded by tremendous infrastructure."



Tags: Northern Ontario / Exploration / Gold / All Articles