Delta Resources receives $200,000 funding from OJEP

Executive Summary

• Delta Resources Ltd. has been awarded $200,000 in non-dilutive funding under the Ontario Junior Exploration Program (OJEP) to advance exploration at its Delta-1 gold project near Thunder Bay, Ontario.
• This marks the fourth consecutive year of OJEP funding for the company, highlighting consistent exploration results and provincial support.
• The funding will support planned 2026 activities, including additional drilling, trenching, and surface exploration, building on 2025 efforts that included over 11,000 meters of drilling and extensive geophysical surveys.

Key Details

• Funding Amount: $200,000 in non-dilutive funding.
• Program: Ontario Junior Exploration Program (OJEP).
• Project: Delta-1 gold project, located approximately 50 kilometres west of Thunder Bay, Ontario.
• 2025 Operational Highlights:
  • Completed 11,146.5 metres of drilling.
  • Advanced a large-scale 70-square-kilometre till survey.
  • Conducted multiple geophysical programs, including IP surveys and high-resolution drone magnetic surveys.
  • Performed trenching and surface work.
• 2026 Plans: Undertake additional drilling, trenching, and surface exploration programs.
• Project Geology & History:
  • The Eureka gold deposit extends over 2.5 km in strike length and to depths exceeding 300 metres.
  • Mineralization observed to approximately 600 metres vertical depth and remains open in all directions.
  • Property spans 297 square km with multiple prospective mineralized corridors.
  • Notable historical drill intercepts include 5.92 g/t Au over 31 metres (including 14.8 g/t Au over 11.9 m) and 1.79 g/t Au over 128.5 m.
• Qualified Person: Daniel Boudreau, PGeo, Vice-President of Exploration, has reviewed and approved the technical information.

Notable Quotes

• Stephen Lecce, Minister of Energy and Mines: "Ontario is leading the charge to secure the minerals that will power our economy and strengthen our sovereignty... Through OJEP, we're backing companies like Delta Resources Ltd. to advance promising projects here at home-unlocking resources, creating jobs, and building a more self-reliant and secure Canadian economy."
• Ron Kopas, CEO of Delta Resources: "We are pleased to receive continued support from the government of Ontario through the Ontario Junior Exploration Program. This $200,000 in non-dilutive funding allows us to accelerate exploration at our Delta-1 gold project while preserving shareholder value."