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Home » Thunder Bay » Delta Sources Secures $200K Authorities Grant to Speed up Thunder Bay Gold Exploration
Thunder Bay

Delta Sources Secures $200K Authorities Grant to Speed up Thunder Bay Gold Exploration

December 10, 20247 Mins Read
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Delta Resources Secures $200K Government Grant to Accelerate Thunder Bay Gold Exploration
Delta Resources Secures $200K Government Grant to Accelerate Thunder Bay Gold Exploration
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Delta Sources has been awarded a $200,000 grant from the Ontario Junior Exploration Program (OJEP) to advance exploration at its Delta-1 property in Thunder Bay, Ontario. The corporate is at the moment conducting an in depth exploration program on the newly expanded Delta-1 mission, which covers roughly 308 sq. kilometres of the japanese Shebandowan Greenstone Belt. Delta is planning its subsequent drill marketing campaign for early January 2025. The funding will help the corporate’s exploration efforts on a non-dilutive foundation, contributing to Ontario’s mining sector improvement.

Delta Sources ha ricevuto un finanziamento di 200.000 dollari dal Programma di Esplorazione Giovanile dell’Ontario (OJEP) per promuovere l’esplorazione nella sua proprietà Delta-1 a Thunder Bay, Ontario. Attualmente, l’azienda sta conducendo un ampio programma di esplorazione nel progetto Delta-1 recentemente ampliato, che copre circa 308 chilometri quadrati della fascia verde di Shebandowan. Delta prevede di avviare la sua prossima campagna di perforazione all’inizio di gennaio 2025. Il finanziamento sosterrà gli sforzi di esplorazione dell’azienda su base non diluitiva, contribuendo allo sviluppo del settore minerario dell’Ontario.

Delta Sources ha sido concedida una ayuda de 200.000 dólares por el Programa de Exploración Juvenil de Ontario (OJEP) para avanzar en la exploración de su propiedad Delta-1 en Thunder Bay, Ontario. La compañía está llevando a cabo un extenso programa de exploración en el nuevo proyecto Delta-1, que abarca aproximadamente 308 kilómetros cuadrados de la Cinturón Verde de Shebandowan. Delta está planificando su próxima campaña de perforación para principios de enero de 2025. La financiación apoyará los esfuerzos de exploración de la compañía sobre una base no dilutiva, contribuyendo al desarrollo del sector minero de Ontario.

Delta 자원이 온타리오 주니어 탐사 프로그램(OJEP)으로부터 200,000달러의 보조금을 받아 온타리오주 썬더베이에 있는 Delta-1 소유지에서 탐사를 진행하게 되었습니다. 현재 회사는 확장된 Delta-1 프로젝트에서 약 308 평방킬로미터에 걸쳐 광범위한 탐사 프로그램을 실시하고 있습니다. Delta는 2025년 1월 초에 다음 채굴 캠페인을 계획하고 있습니다. 이번 자금 지원은 비희석형 방식으로 회사의 탐사 노력을 지원하며, 온타리오의 광업 부문 발전에 기여할 것입니다.

Delta Sources a reçu un financement de 200 000 {dollars} du Programme d’exploration junior de l’Ontario (OJEP) pour faire avancer l’exploration de sa propriété Delta-1 à Thunder Bay, Ontario. L’entreprise mène actuellement un programme d’exploration approfondi sur le projet Delta-1 récemment élargi, qui couvre environ 308 kilomètres carrés de la ceinture verte de Shebandowan. Delta prévoit de lancer sa prochaine campagne de forage début janvier 2025. Ce financement soutiendra les efforts d’exploration de l’entreprise sur une base non dilutive, contribuant au développement du secteur minier de l’Ontario.

Delta Sources hat eine Förderung von 200.000 Greenback vom Ontario Junior Exploration Program (OJEP) erhalten, um die Exploration auf ihrem Delta-1 Grundstück in Thunder Bay, Ontario, voranzutreiben. Das Unternehmen führt derzeit ein umfangreiches Explorationsprogramm im neu erweiterten Delta-1-Projekt durch, das etwa 308 Quadratkilometer des östlichen Shebandowan-Grünsteingürtels abdeckt. Delta plant seine nächste Bohrkampagne für Anfang Januar 2025. Die Finanzierung wird die Explorationsbemühungen des Unternehmens auf nicht verwässernde Weise unterstützen und somit zur Entwicklung des Bergbausektors in Ontario beitragen.

Optimistic



Acquired $200,000 non-dilutive funding from OJEP

Mission enlargement to 308 sq. kilometres

Secured authorities help for exploration program










12/10/2024 – 07:00 AM

Kingston, Ontario–(Newsfile Corp. – December 10, 2024) – Delta Sources Restricted (TSXV: DLTA) (“Delta” or the “Firm”) is happy to announce that it has been chosen to obtain as much as $200,000 from the Ontario Junior Exploration Program (“OJEP”) to additional advance its exploration efforts on the Delta-1 property in Thunder Bay, Ontario.

Delta is within the midst of an in depth exploration program at its newly expanded Delta-1 mission which now contains roughly 308 sq. kilometres of the japanese Shebandowan Greenstone Belt. Delta can also be planning its subsequent drill campaiugn set to start in early January 2025.

“We’re as soon as once more so happy to obtain the OJEP grant this yr once more. The funds go an extended strategy to advance and broaden our exploration program on a non dilutive foundation on the Delta-1 mission, enhancing worth for all stakeholders,” says André Tessier, President and CEO of Delta.

“Investing in mineral exploration is important to making sure Ontario’s long-term financial success and world competitiveness,” stated George Pirie, Minister of Mines. “This $200,000 in funding by the Ontario Junior Exploration Program (OJEP) will assist Delta Sources Restricted as they probe for gold and base steel deposits at their Delta-1 property in Thunder Bay, creating new alternatives and delivering lasting advantages to strengthen Ontario’s mining sector.”

About Delta Sources Restricted

Delta Sources Restricted is a Canadian mineral exploration firm centered on rising shareholder worth by the exploration of two very high-potential gold and base-metal tasks in Canada.

DELTA-1 is Delta’s flagship mission, the place the corporate is constructing on a big gold stock 50 kilometres west of Thunder Bay, Ontario, at floor and adjoining to the Trans-Canada freeway. To this point, the gold mineralization is outlined over a strike size of two.5 km, from floor to a vertical depth of 300 m. Highlights embody drill intercepts reminiscent of 5.92 g/t Au over 31 m (incl. 14.8 g/t Au over 11.9 m), and 1.79 g/t Au over 128.5 m. The property covers 306 sq. kilometres the place Delta has recognized a number of corridors of intense alteration and deformation, on strike with, and to the south of the Eureka gold zone and that has but to be completely explored.

The DELTA-2 property covers 205 sq. kilometres within the prolific Chibougamau District of Quebec. The property holds glorious potential for gold-rich polymetallic VMS deposits in addition to hydrothermal-gold deposits. Delta targets VMS deposits such because the LeMoine previous producer the place 0.76 Mt had been mined between 1975 and 1983, grading 9.6% Zn, 4.2% Cu, 4.5 g/t Au and 84 g/t Ag.

ON BEHALF OF THE BOARD OF DELTA RESOURCES LIMITED.

Andre C. Tessier
President, CEO and Director
www.deltaresources.ca

We search secure harbor. Neither TSX Enterprise Alternate nor its Regulation Providers Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Alternate) accepts duty for the adequacy or accuracy of this launch. The TSX Enterprise Alternate has not accepted nor disapproved of the data contained herein.

Cautionary Notice Concerning Ahead-Wanting Info

Some statements contained on this information launch are “forward-looking data” inside the which means of Canadian securities legal guidelines. Usually, forward-looking data might be recognized by way of forward-looking terminology reminiscent of “plans”, “expects”, “is anticipated”, “finances”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, “believes” or variations of such phrases and phrases (together with unfavourable or grammatical variations) or statements that sure actions, occasions or outcomes “could”, “may”, “would”, “would possibly” or “will likely be taken”, “happen” or “be achieved” or the unfavourable connotation thereof. Traders are cautioned that forward-looking data is inherently unsure and includes dangers, assumptions and uncertainties that would trigger precise details to vary materially. There might be no assurance that future developments affecting the Firm will likely be these anticipated by administration. The forward-looking data contained on this press launch constitutes administration’s present estimates, as of the date of this press launch, with respect to the issues coated thereby. We count on that these estimates will change as new data is acquired. Whereas we could elect to replace these estimates at any time, we don’t undertake to replace any estimate at any specific time or in response to any specific occasion.

To view the supply model of this press launch, please go to https://www.newsfilecorp.com/launch/233035

375









FAQ



What grant quantity did Delta Sources (DLTA) obtain from OJEP in December 2024?


Delta Sources acquired a $200,000 grant from the Ontario Junior Exploration Program (OJEP) in December 2024.


When will Delta Sources (DLTA) start its subsequent drill marketing campaign at Delta-1?


Delta Sources plans to start its subsequent drill marketing campaign at Delta-1 in early January 2025.


How giant is Delta Sources’ (DLTA) Delta-1 mission space?


The Delta-1 mission covers roughly 308 sq. kilometres of the japanese Shebandowan Greenstone Belt.







200K accelerate Bay Delta Exploration gold Government Grant resources Secures Thunder Thunder Bay Thunder Bay news
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