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Delta Announces Improved Gold Intercept of 6.49 g/t Over 10 Metres and Identifies Geophysical Signature Further Extending the Eureka Gold Zone For a Minimum of Two Kilometres to The East in Thunder Bay, Ontario
Kingston, Ontario--(Newsfile Corp. - March 21, 2023) - Delta Resources Limited  ( TSXV: D...
About this update from Delta Resources Limited
[{"type":"text","content":"Delta Announces Improved Gold Intercept of 6.49 g/t Over 10 Metres and Identifies Geophysical Signature Further Extending the Eureka Gold Zone For a Minimum of Two Kilometres to The East in Thunder Bay, OntarioKingston, Ontario--(Newsfile Corp. - March 21, 2023) - Delta Resources Limited (TSXV: DLTA) (OTC Pink: DTARF) (FSE: 6GO1) (\"Delta\" or \"the Company\") is pleased to provide an updated gold intercept in drill hole D1-22-24 and a newly revised interpretation of the Delta-1 Gold project located 50 km west of Thunder-Bay, Ontario.Improved Gold Intercept of drill hole D1-22-24:On February 9, 2023, Delta had announced a gold intercept of 5.32 g/t over 8.0 metres on drill hole D1-22-24. Additional metallic sieve analyses of the mineralized zone have now increased the gold intercept to 6.49 g/t gold over 10.0 metres with an additional one metre sample returning 22.22 g/t gold (see Table 1).New Geophysical and Geological Interpretation:As Delta continues its current drill campaign at Delta-1, new structural and geophysical insights on the Eureka mineralized zone have emerged that significantly enlarge the potential area for gold on the property. As previously reported in a press release dated February 9, 2023, high-grade drill intercepts from drill holes D1-22-18, D1-22-24 and D1-22-25 (see Table 1 for previously released significant results) suggest that higher-grade gold occurs towards the east and at depth. From these most recent drill holes, the following conclusions can be drawn:The Eureka Gold Zone appears to be associated with the core of a magnetic-low anomaly (see Figure 1). The newly identified geophysical signature extends over a minimum of two kilometres east of drill holes D1-22-18, D1-22-24 and D1-22-25, where high-grade gold was intersected. The projection of the mineralized zone has never been drill-tested in the area and occurs entirely on Delta's properties. In the western portion of the Eureka Gold Zone, the mineralization trends generally 090 to 100 degrees azimuth and dips approximately 50 degrees towards the North. In the eastern portion of the Eureka Gold Zone, the trend of the mineralization turns to 115 degrees azimuth (see Figure 1) and dips 80 degrees towards the north (see Figure 2). This flexure in the structural zone may be responsible for the higher grades of gold encountered in the r...