Delta-1 Gold Project Awarded $200,000 Funding Under the Ontario Junior Exploration Program

Delta Resources Limited has secured $200,000 in non-dilutive funding through Ontario's Junior Exploration Program (OJEP) to advance exploration activities at its Delta-1 Gold Project located near Thunder Bay, Ontario. This award represents the fourth consecutive year of OJEP funding for Delta, demonstrating both the company's consistent exploration performance and the provincial government's confidence in the project's potential.

The funding comes on the heels of a highly productive 2025 exploration season, during which Delta completed 11,146.5 metres of drilling across the property. The company also advanced a comprehensive 70 km² till survey and executed multiple geophysical programs, including induced polarization surveys and high-resolution drone magnetic surveys. These activities, combined with trenching and surface work, established Delta as one of Ontario's most active exploration companies during the period.

The Delta-1 Gold Project encompasses 297 km² and hosts the Eureka Gold Deposit, which extends over 2.5 kilometres in strike length and to depths exceeding 300 metres. Mineralization has been observed to approximately 600 metres vertical depth and remains open in all directions. Notable drill intercepts include 5.92 g/t Au over 31 metres (including 14.8 g/t Au over 11.9 metres) and 1.79 g/t Au over 128.5 metres, highlighting the deposit's robust grade and continuity.

The OJEP funding will enable Delta to accelerate its 2026 exploration program while preserving shareholder value through non-dilutive financing. The company plans to utilize the funds for additional drilling, trenching, and surface exploration activities designed to further delineate the gold system. This financial support underscores Ontario's strategic focus on developing domestic mineral resources and strengthening Canada's position in critical mineral supply chains, as emphasized by Energy and Mines Minister Stephen Lecce's commitment to backing promising exploration projects within the province.