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Delta Resources ( (TSE:DLTA) ) just unveiled an announcement.
Delta Resources Limited has provided an update on its 2025 winter drill program at the Delta-1 Gold Property near Thunder Bay, Ontario. The initial phase of the 10,000-meter drilling program aims to expand the gold inventory at the Eureka Gold Zone, with the company currently drilling its fourth hole. The program, which has completed over 2,600 meters of drilling, is expected to continue until late April 2025, after which Delta will assess the potential for a second phase. Additionally, Delta Resources will participate in the Metal Investor Forum and PDAC 2025, where company representatives will engage with investors and industry professionals.
More about Delta Resources
Delta Resources is a Canadian mineral exploration company primarily focused on its Delta-1 project in Ontario, Canada. The company has discovered a significant gold deposit near Thunder Bay, which is strategically located at surface and adjacent to the Trans-Canada highway. The deposit spans 2.5 kilometers in length and reaches a depth of 300 meters, with notable drill intercepts highlighting its potential.
YTD Price Performance: 32.00%
Average Trading Volume: 101,231
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$22.06M
For detailed information about DLTA stock, go to TipRanks’ Stock Analysis page.