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Delta Continues to Intersect Visible Gold in Multiple Drill Holes at The Delta-1 Project in Thunder Bay, Ontario
Kingston, Ontario--(Newsfile Corp. - March 1, 2023) - Delta Resources Limited  ( TSXV: DL...
About this update from Delta Resources Limited
[{"type":"text","content":"Delta Continues to Intersect Visible Gold in Multiple Drill Holes at The Delta-1 Project in Thunder Bay, OntarioKingston, Ontario--(Newsfile Corp. - March 1, 2023) - Delta Resources Limited (TSXV: DLTA) (OTC Pink: DTARF) (FSE: 6GO1) (\"Delta\" or \"the Company\") is pleased to announce preliminary visual observations from its ongoing drill program at the Delta-1 Project, 50 kilometres west of Thunder Bay, Ontario.The drill program is designed to test the eastern extension of a newly discovered high-grade gold zone previously intersected in drill holes D1-22-18, D1-22-24 and D1-22-25 (press release dated February 9, 2023). To date, eleven drill holes have been completed for a total of 2,975 metres. The mineralized zone has been observed in every drill hole completed so far and visible gold has been observed in five of the eleven drill holes, further extending the mineralized zone for another 400 metres to the east of drill hole D1-22-25 (see Figure 1). Visible gold has been observed prior to cutting the core in drill holes D1-23-30, 31, 33, 34, and 35. André Tessier, President and CEO commented: \"The preliminary observations of these most recent drill holes at Delta-1 continue to be extremely encouraging. The mineralized zone keeps extending to the east with indications of higher-grade potential to the east and at depth. The visual identification of native gold and strong alteration over persistent widths, is a great sign, and the team is eagerly awaiting the assay results from these holes.\"The drill hole spacings are 100 metre step-outs starting from drill hole D1-22-25. Each step out consists of two holes drilled from the same coordinates inclined at an angle of -40° and -65° to create vertical sections for each 100-metre interval. All holes were drilled toward the south to intersect the north dipping stratigraphy. Every occurrence of visible gold was observed in quartz/ankerite/pyrite veins and veinlets forming a stockwork (a concentration of these veins and veinlets) within highly altered and brecciated intermediate to mafic volcanics. Visible gold is typically millimetric, but larger grains are locally observed (Photos 1 and 2). Alteration of the volcanics consists of strong silicification, ankeritization as well as sericitization and albitization. These new observations suggest that the ...