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Delta Further Expands Delta-1 Land Package to 341.2 km² in Thunder Bay, Ontario

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Delta Further Expands Delta-1 Land Package to 341.2 km² in Thunder Bay, Ontario

Executive Summary

Delta Resources Limited has significantly expanded its flagship Delta-1 Gold Project through the registration of 198 new contiguous mining claims in the Shebandowan Greenstone Belt near Thunder Bay, Ontario. This strategic acquisition increases the company's land package by approximately 44.2 km² to a total of 341.6 km², strengthening Delta's position in what management describes as one of Canada's emerging gold exploration hotbeds.

The newly acquired claims provide strategic geological value by capturing additional portions of the late tectonic Kekekuab pluton, which may be linked to gold mineralization in the southern part of the property. The expansion also encompasses volcanic rocks of the greenstone belt where a major northeast-trending structure coincides with anomalous gold values in till samples. This geological targeting demonstrates Delta's systematic approach to consolidating prospective ground in the underexplored Shebandowan Greenstone Belt.

The timing of this expansion reflects broader industry consolidation in the region, as CEO Ron Kopas noted increased land acquisition activity driven by growing investment and interest from major mining companies. Delta's commanding land position, combined with its existing Eureka Gold Discovery and multiple high-priority targets including the I-Zone sector, positions the company for potential value creation as regional exploration activity intensifies.

Delta plans to initiate an intensive regional exploration program once seasonal conditions permit, including prospecting, trenching, and till surveys to provide near-complete geochemical coverage of the expanded property. Additional drilling is scheduled for late summer, building on previous results that include notable intercepts such as 5.92 g/t Au over 31 metres and 1.79 g/t Au over 128.5 metres at the Eureka Gold Deposit. The property's strategic location approximately 50 km west of Thunder Bay, adjacent to the Trans-Canada Highway, provides logistical advantages for future development activities.
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