Delta Resources appoints interim CEO Kopas as CEO

Executive Summary

• Delta Resources Ltd. has officially appointed Ron Kopas as Chief Executive Officer, transitioning from his role as interim CEO, and promoted Daniel Boudreau to Vice President of Exploration.
• The appointment of Mr. Kopas follows a period of significant capital markets activity, including the optioning of the Delta-2 property for $8.25 million, which strengthened the company's balance sheet.
• The leadership changes are accompanied by a reinforcement of the technical team, including the appointment of Dr. Kevin B. Heather as Chairman of the Technical Committee, to support the advancement of the Delta-1 project and Eureka gold discovery.

Key Details

• CEO Appointment: Ron Kopas appointed as Chief Executive Officer; previously served as interim CEO since summer 2025.
• CEO Background: Founder of KSP Renewables Ltd. (sold to Covanta Europe for £350M); former corporate financier at UBS Warburg and KC Capital; extensive private equity and capital markets experience in energy and resources.
• CEO Compensation: Serves at a nominal salary of $1 per year as the company's largest individual shareholder.
• VP Exploration Promotion: Daniel Boudreau, PGeo, promoted from Exploration Manager to Vice President of Exploration.
• VP Exploration Background: Over 15 years in mineral exploration; managed Delta's exploration activities since early 2022; registered geologist (PGO and OGQ); Qualified Person under NI 43-101.
• Technical Committee Chairman: Dr. Kevin B. Heather appointed as Chairman of the Board and Technical Committee.
• Technical Committee Background: Economic geologist with 45+ years of experience; former CGO for Regulus and Aldebaran; involved in discoveries including Haquira East (sold to First Quantum for $650M), El Indio, and Pascua-Lama.
• Senior Geologist: Sarah Ferguson, MSc, PGeo, continues as Senior Geologist with 15+ years of experience in regional and deposit-scale geological mapping.
• Strategic Context: Leadership changes coincide with the advancement of the Delta-1 project, specifically the Eureka gold discovery, and ongoing exploration across the Shebandowan greenstone belt.

Notable Quotes

• Ron Kopas, CEO: "Our focus as a team since last summer has been advancing and derisking the Delta-1 project's Eureka deposit through metallurgical work, advancing environmental studies and infill drilling, while continuing to advance exploration across the broader Delta-1 property."
• Ron Kopas, CEO: "Daniel's expanded leadership role is well deserved. His technical expertise, dedication and steady execution have been instrumental in advancing both the Delta-1 project and the Eureka gold deposit."
• Ron Kopas, CEO: "It is clear, as we see the progress of our neighbours at Gold X2 and Thunder Gold, that the Shebandowan greenstone belt is quickly developing into one of Canada's next significant mining camps, with Delta Resources strategically well placed at its centre."