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Delta Resources Engages Geotech to Fly VTEM Survey at Delta-2; Chibougamau, Quebec.
KINGSTON, ON / ACCESSWIRE / January 23, 2020 / Delta Resources Limited ("Delta") (TSXV:DL...
About this update from Delta Resources Limited
[{"type":"text","content":"Delta Resources Engages Geotech to Fly VTEM Survey at Delta-2; Chibougamau, Quebec.KINGSTON, ON / ACCESSWIRE / January 23, 2020 / Delta Resources Limited (\"Delta\") (TSXV:DLTA) is pleased to announce that it has contracted the services of Geotech Airborne Geophysical Surveys to carry out a 581 line-kilometre Helicopter Borne VTEM survey over part of its Delta-2 property in the Chibougamau area of Quebec.The survey is expected to start during the fourth week of January 2020 and is designed to cover a stratigraphic horizon known to be favourable for the occurrence of Volcanogenic Massive Sulphide (VMS) deposits. Approximately 17 kilometres of this horizon is covered by the Delta-2 Property. In the fall of 2019, the Delta Exploration team outlined a significant area (200m x 400m) of garnet-chlorite alteration in the footwall of the favourable contact; alteration commonly seen in the feeder zones below many VMS deposits.The objective of the geophysical survey is to outline any conductors that represent masses of sulphides. Anomalies outlined with this survey are expected to be followed up in the field starting in the spring of 2020.Significant deposits and occurrences of VMS origin are located in this region, including the past producing LeMoine mine (757 585 t @ 9.52% Zn, 4.18% Cu, 4.56 g/t Au and 82.26 g/t Ag) located 1.7 kilometres north of the property boundary and the Delinel and Guillaume-Cartier prospects located approximately 1.5 kilometres southeast of the property boundary.Other News:Delta has retained MI3 Communications Financières Inc. (\"MI3\") to provide communication services on behalf of the Company in Eastern Canada. These services include, but are not limited to, communication of all news releases and information on the Company, including technical notes, posting on social medias, and assisting the Company at PR roadshows across 14 cities in eastern Canada. The agreement is for a period of 12 months and as consideration for these services, the Company has agreed to pay to MI3 a monthly retainer of C$3,000.Based in Montreal, MI3 Communications Financières Inc. is a new-age financial communications company geared for today's fast-paced global economy. MI3 specializes in market awareness and market intelligence for Canadian public companies. During the last ten years, MI3 has worked with over 185 small, mid...