Northwire Canada EditionMonday, August 3, 2026
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SCD 0.160 +0.0% TECK 84.36 +0.0% SAGA 0.435 +0.0% BZ 3.16 +0.0% FFM 1.68 +0.0% LOD 0.335 +0.0% AEC 5.52 +0.0% ORV 1.88 +0.0% MCM 0.300 +0.0% GAMA 0.075 +0.0% AIR 0.050 +0.0% LUN 34.71 +0.0% NCF 0.295 +0.0% S 0.140 +0.0% BNKR 4.40 +0.0% QRO 0.045 +0.0% SCD 0.160 +0.0% TECK 84.36 +0.0% SAGA 0.435 +0.0% BZ 3.16 +0.0% FFM 1.68 +0.0% LOD 0.335 +0.0% AEC 5.52 +0.0% ORV 1.88 +0.0% MCM 0.300 +0.0% GAMA 0.075 +0.0% AIR 0.050 +0.0% LUN 34.71 +0.0% NCF 0.295 +0.0% S 0.140 +0.0% BNKR 4.40 +0.0% QRO 0.045 +0.0%
Drill Results

Delta Resources begins phase II drilling at Delta-1

By The Northwire Desk — AI Analysis Sep 17, 2025 · 15:10 DLTA · 0.16 Delta Resources Limited
DLTA · Price

Executive Summary

  • Delta Resources has begun Phase II of its 2025 drilling program at the Delta‑1 gold property, targeting the Shabaqua zone and Eureka‑South/Eureka‑West extensions.
  • The program will consist of at least 13 holes totaling >3,100 m to expand the known Eureka gold discovery and identify additional near‑surface high‑grade ounces.
  • Simultaneously, a third phase of the 2024/2025 regional till sampling program has started in the I‑Zone sector, where historic drilling returned 4.32 g/t Au over 41 m.

Key Details

  • Drilling Scope: Minimum 13 holes, >3,100 m total depth; focus on Shabaqua zone (1.3 km west of Eureka), Eureka‑South and Eureka‑West extensions.
  • Objective: Define higher‑grade, near‑surface gold ounces along strike and south of the Eureka deposit to enhance economic potential.
  • Integration with Surface Work: New summer surface work combined with detailed induced polarization (IP) geophysical surveys informs target selection.
  • Regional Till Survey – Phase III: Conducted by IOS Geosciences Inc.; expanding geochemical coverage into western Delta‑1 land position, including the I‑Zone sector (18 km SW of Eureka).
  • Historical Intercept in I‑Zone: 4.32 g/t Au over 41.0 m reported from legacy drilling.
  • Commentary – Interim CEO Ron Kopas: Emphasized advancing flagship discovery, targeting additional high‑grade zones, and leveraging the till survey to maximize field efficiency ahead of winter.
  • Future Plans: Use till results to define new drill targets for spring 2026; evaluate Ni‑Cu‑PGE target analogous to historic Shebandowan mine.

Notable Quotes

“With the drill turning once again at Delta‑1, the company is driving its flagship discovery forward while unlocking the broader potential of our 297‑square‑kilometre land package.” – Ron Kopas, Interim CEO

“By running the till survey in parallel with drilling, Delta is maximizing field efficiency and capitalizing on the fall exploration window ahead of winter conditions.” – Ron Kopas, Interim CEO

Read the original news release →

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M&A / Property