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Delta Drills 11.9 Metres of 14.8 g/t Gold Within a Broader Interval of 31.0 Metres of 5.92 g/t Gold at the Eureka Gold Deposit, Delta-1 Project in Thunder Bay, Ontario
Kingston, Ontario--(Newsfile Corp. - October 19, 2022) - Delta Resources Limited ( TSXV: D...
About this update from Delta Resources Limited
[{"type":"text","content":"Delta Drills 11.9 Metres of 14.8 g/t Gold Within a Broader Interval of 31.0 Metres of 5.92 g/t Gold at the Eureka Gold Deposit, Delta-1 Project in Thunder Bay, OntarioKingston, Ontario--(Newsfile Corp. - October 19, 2022) - Delta Resources Limited (TSXV: DLTA) (OTC Pink: DTARF) (FSE: 6G01) (\"Delta\" or \"the Company\") is pleased to provide results from its 2022 drilling program at the Eureka Gold Deposit, 50 kilometres west of Thunder Bay, Ontario. A total of 2,719 metres were completed in nine drill holes during this program.All nine drill holes of the 2022 program intersected the gold-bearing zone with the easternmost drill hole of the program returning assays of:5.92 g/t gold over 31.0 metresIncluding 14.80 g/t Au over 11.9 metresIncluding 72.95 g/t Au over 2.2 metresThe mineralized zone has now been intercepted over a strike length of 850 m with the best grades increasing towards the east.Figure 1: Plan view map showing locations of the drill holes. (Note: The geology has been projected up-dip to the surface).To view an enhanced version of Figure 1, please visit:https://images.newsfilecorp.com/files/8482/141071_9b79ec28d4c29a9d_001full.jpgFigure 2: Vertical Longitudinal Section showing grade x thickness.To view an enhanced version of Figure 2, please visit:https://images.newsfilecorp.com/files/8482/141071_9b79ec28d4c29a9d_002full.jpgAndré Tessier, President and CEO commented: \"These first high-grade results at Delta-1 are very encouraging and could indicate a significant and higher-grade area at Eureka. In addition to seeing very wide intercepts of low-grade gold, we are now seeing the potential for high-grade zones, particularly towards the east where the zone has never been tested. Based on the visual identification of significant native gold alone, Delta mobilized a drill to complete two additional holes in the eastern extension of the zone and the team is eagerly awaiting the results from these holes.\"The mineralized zone trends roughly 100° azimuth, dips 50° towards the north, and has now been intersected over a strike length of approximately 850 m and a vertical depth exceeding 200 m.The gold mineralization is hosted within a sandstone, near its contact with ultramafic volcanic flows to the south. Kilometre-scale, texture destructive alteration consists of intense ankeritization, sericitization and s...