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Home > News > Delta receives $200,000...

Delta receives $200,000 Grant from the Ontario Junior Exploration Program to advance discovery at Delta-1 in Thunder Bay

Aug 31, 2023


"We are thrilled to receive the OJEP grant this year again. The funds go a long way to advance and expand our exploration program on a nondilutive basis at the Delta-1 project, enhancing value for all stakeholders," says André Tessier, President and CEO of Delta. 

Delta Resources Limited announces that it has been selected to receive up to $200,000 from the Ontario Junior Exploration Program ("OJEP") to further advance its exploration efforts at the Delta-1 property in Thunder Bay, Ontario.

Delta is in the midst of an extensive exploration program at its newly expanded Delta-1 project, including up to 20,000 metres of drilling, a surface geological mapping program, further prospecting and sampling. Assay results are now pending for over 40 drill holes totalling nearly 14,000 metres.

 

About Delta Resources Limited

Delta Resources Limited is a Canadian mineral exploration company focused on growing shareholder value through the exploration of two very high-potential gold and base-metal projects in Canada.

  • DELTA-1 covers approximately 107 square kilometres located 50 kilometres west of Thunder Bay, Ontario where a gold mineralized zone 950 metres long was outlined through drilling in a multi-kilometre-scale intense alteration halo. Best grades to date include a drill intercept of 14.8 g/t Au over 11.9 metres, within a broader interval of 5.92 g/t Au over 31 m. The zone is open in all directions.

  • DELTA-2 VMS and DELTA-2 GOLD covers 194 square kilometres in the prolific Chibougamau District of Quebec. The property holds excellent potential for gold-rich polymetallic VMS deposits as well as hydrothermal-gold deposits. Delta targets VMS deposits such as the LeMoine past producer where 0.76 Mt were mined between 1975 and 1983, grading 9.6% Zn, 4.2% Cu, 4.5 g/t Au and 84 g/t Ag.



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