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Delta Resources Starts Field Work at Its Delta-2 Property; Chibougamau, Quebec
CHIBOUGAMAU, QC / ACCESSWIRE / June 4, 2020 / Delta Resources Limited ("Delta" or the "Comp...
About this update from Delta Resources Limited
[{"type":"text","content":"Delta Resources Starts Field Work at Its Delta-2 Property; Chibougamau, QuebecCHIBOUGAMAU, QC / ACCESSWIRE / June 4, 2020 / Delta Resources Limited (\"Delta\" or the \"Company\") (DLTA:TSXV) is pleased to announce that field work has started at its Delta-2 property in Chibougamau, Quebec. The objective of the field work is to field-proof Delta's new geological interpretation while following-up on new geophysical targets which stem from 220 square kilometres of new, high-resolution VTEM and drone-magnetic surveys in the property area. Drilling these anomalies is planned shortly after the field work is completed.A field crew of 10, including geologists and prospectors will be locating and proofing a minimum of 25 new conductors with excellent potential for volcanogenic massive sulphide (\"VMS\") mineralization similar to the Lemoine Mine which is located 1.5 kilometre north of the property. Between 1975 and 1983, the extraordinarily rich Lemoine Mine produced 757,585 tonnes of ore grading 9.52% Zn, 4.18% Cu, 4.56 g/t Au and 82.26 g/t Ag.In addition, the exploration crew will also be field-testing new syn-plutonic structures with potential for magmatic-hydrothermal gold mineralization.Michel Chapdelaine, Vice-President Exploration at Delta commented as follows:\"We're extremely excited to get going with our field work at Delta-2. We've assembled an excellent field crew and feel very optimistic that results will soon follow.\" The Delta-2 project is located 35 kilometres southeast of the town of Chibougamau and covers over 146 square kilometres.In the southern portion of the project, there is excellent potential for magmatic-hydrothermal gold mineralization, associated with several early structures related to the emplacement of the La Dauversiere pluton. These early structures are known to control five (5) gold occurrences, including the R-14 Gold Prospect.In the northern portion of the property, the Company believes there is a high potential for gold-rich VMS deposits, sitting on the same horizon that hosted the old Lemoine Mine.Readers are invited to visit the following link for detailed information on the survey results and interpretation: http://youtu.be/BUWwd5zYvb8. The same video is also available in the \"Investors/President's Message\" section at www.deltaresources.ca.About Delta Resources LimitedDelta Resources Limited is a...