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Be the first with the news that moves the market- Delta (DLTA) has discovered more high-grade gold intercepts at the Delta-1 Gold Project
- Gold mineralization was found in both holes, extending the Eureka Gold Zone
- The holes were drilled back in October to test the eastern extension of the gold intercept from drill hole D1-22-18
- The winter drill program is currently underway
- To date, the company has completed six drill holes for a total of 1,651 metres
- Delta Resources is a Canadian mineral exploration company working on two high-potential gold and base-metal projects in Canada
- Delta Resources (DLTA) is trading at $0.11 per share
Delta (DLTA) has the final assay results from drill holes D1-22-24 and D1-22-25 at the Delta-1 Gold Project.
Based in Thunder Bay, Ontario, gold mineralization was found in both holes, extending the Eureka Gold Zone.
The zone has now extended to one kilometre of strike length.
Grade intercepts
The drill holes returned high-grade intercepts of:
- 130.0 g/t Au over 1.0 metre
- 30.66 g/t Au over 1.0 metre
- 16.42 g/t Au over 1.5 metres alongside or within broader mineralized intervals
The holes were drilled back in October to test the eastern extension of the gold intercept from drill hole D1-22-18.
At the time, drill hole D1-22-18 was the easternmost drill hole in the Eureka Gold Zone and suggested a gold enrichment towards the east.
André Tessier, President and CEO, commented: “The results are showing continuous high-grade gold mineralization over a strike of at least 100 metres in addition to broader gold intercepts.”
“Delta is now drilling the projected eastern extension of this new, never drill tested, high-grade zone with an initial 3,000-metre follow-up program,” added Tessier.
Delta-1 property exploration update
The winter drill program is currently underway.
To date, the company has completed six drill holes for a total of 1,651 metres, testing the 3D-modelled eastern extension of the Eureka Gold Zone.
Observations on these drill holes will be released soon. To date, four drill holes have been cut, sampled and sent for assay. All assay results are pending.
Delta Resources is a Canadian mineral exploration company working on two high-potential gold and base-metal projects in Canada.
Delta Resources (DLTA) is trading at $0.11 as of 11:13 am EST.
