1 DELTA RESOURCES LIMITED Corporate Presentation January 2020
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Disclaimer DELTA RESOURCES LIMITED
2
Corporate Presentation January 2020 CAUTIONARY STATEMENT ON FORWARDLOOKING INFORMATION
Certain information contained or incorporated by reference in this presentation, including any information as to our future financial or operating performance, constitutes "forward-looking statements". All statements, other than statements of historical fact, are forward-looking statements. The words "believe", "expect", "anticipate", "contemplate", "target", "plan", "intends", "continue", "budget", "estimate", "may", "will", "schedule" and similar expressions identify forwardlooking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by us, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking statements. Such factors include, but are not limited to: fluctuations in the currency markets (such as the Canadian versus the U.S. dollar); fluctuations in the spot and forward price of gold or certain other commodities (such as copper); changes in national and local government
legislation, taxation, controls, regulations and political or economic developments in Canada or other countries in which we do or may carry on business in the future; business opportunities that may be presented to, or pursued by, us; operating or technical difficulties in connection with mining exploration or development activities; employee relations; the speculative nature of gold exploration and development, including the risks of obtaining necessary licenses and permits; diminishing quantities or grades of reserves; and contests over title to properties, particularly title to undeveloped properties. In addition, there are risks and hazards associated with the business of gold exploration, development and mining, including environmental hazards, industrial accidents, unusual or unexpected formations, pressures, cave-ins, flooding and gold bullion losses (and the risk of inadequate insurance, or inability to obtain insurance, to cover these risks). Many of these uncertainties and contingencies can affect our actual results and could cause actual results to differ materially from those expressed or implied in any forward-looking statements made by,
or on behalf of, us. You are cautioned that forwardlooking statements are not guarantees of future performance. All of the forward-looking statements made in this presentation are qualified by these cautionary statements. We disclaim any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except to the extent required by applicable laws.
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Why Disclaimer Delta Resources? DELTA RESOURCES LIMITED
Corporate Presentation August January2019 2020
Δ Δ
Excellent capital structure with ~29M shares issued.
Δ
Experienced and Highly Technical Management and Board of Directors with extensive expertise and a proven track record of economic discoveries leading to shareholder value.
Δ
Exploring the mining-friendly and politically safe jurisdictions of Canada where excellent potential for discoveries remain.
Δ
Focus on Gold and Base Metals deposits with size potential.
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Excellent opportunity to buy-in on the ground-floor of an emerging mineral exploration company.
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Share Structure DELTA RESOURCES LIMITED
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Corporate Presentation January 2020
SHARE CAPITALIZATION: (Jan. 2020) Shares Issued: Warrants Outstanding ($0.12): Warrants Outstanding ($0.30): Stock Opt. Outstanding (avg. $0.24): Fully Diluted Share Capital:
29,049,338 3,620,000 5,537,500 1,815,000 37,021,838
DELTA RESOURCES 1-YEAR SHARE PRICE PERFORMANCE 0.25
0.15
Price $Cad
0.20
0.10
0.05 Feb 2019
May 2019
July 2019
Sep 2019
Nov 2019
Jan 2020
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Board of Directors & Management DELTA RESOURCES LIMITED
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Corporate Presentation January 2020
André C. Tessier, P.Eng., P.Geo. President, CEO and Director
Dr Kevin B. Heather, Independent Director
B.Eng., M.Sc., +30 years experience in international exploration. Long term consultant for Cominco Ltd, Barrick, Teck, HudBay Minerals, Cogema – President, CEO and Director of Murgor Resources Inc. 2003-2015.
B.Sc (Hons), M.Sc., Ph.D., +35 years experience in international exploration. – OGS, GSC, Barrick, founding VP geology at Antares Minerals and currently founding Chief Geological Officer at Regulus Resources Inc.
Frank Candido Chairman
Michel Chapdelaine, P.Geo. VP Exploration and COO
B.A., +25 years financial consultant, specializing in the financing of private and public early-stage and micro-cap companies. Managing partner and founder at Direct Financial Strategies and Communications.
B.Eng., M.Sc., +25 years experience in international exploration and drilling. Senior Supervising Geologist at Virginia Gold Mines, Director at FTE Drilling – VP Exploration & Director at X-Terra Resources. Participated in the discoveries and/or delineation of the Eleonore Gold Deposit – Coulon (Zn, Cu, Ag) – Gayot (Ni, Cu, PGE).
Roy Millington, BLC, LLB Independent Director
Nathalie Laurin CFO
+30 years experience in corporate, compliance, commercial, human resources and project-oriented legal work. Chief Corporate Counsel at Alcan & Rio-Tinto.
+25 years experience in administration, project management and accounting in the natural resources sector. Handling book-keeping, audit file preparation, management of legal, regulatory and administrative matters for many public companies.
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Criteria for Property Selection DELTA RESOURCES LIMITED
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Corporate Presentation January 2020
Delta Properties
Δ Potential for size based on: δ Size and intensity of alteration zones. δ Evidences of long-lived active processes. δ Presence of a mineralizing “engine”.
Δ Complexity of geology.
Δ Property needs to be under-explored Delta-2
or poorly explored. Δ Property to cover a large area. Δ Affordability.
Delta-1
BellechasseTimmins
Δ In Canada. DLTA | TSX-V
Properties: DELTA-1 DELTA RESOURCES LIMITED
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Corporate Presentation January 2020 DELTA-1 PROPERTY Thunder bay Mining District, Ontario, CANADA
N
Property Location
Δ Located 50 km NW of Thunder Bay,
Shebandowan
straddling the Trans-Canada highway.
DELTA-1 PROPERTY
Δ 245 claims | 4,495 ha | ~45 square km Δ
DELTA-1 PROPERTY Thunder bay Mining District, Ontario, CANADA
Delta 100% ownership. Acquired October 3rd, 2019.
Thunder Bay
N
Lake Superior
DELTA-1 PROPERTY
SCALE 0
5
10 15 20 kilometres
25 Delta-2
Delta-1 SCALE 0
1
2 3 kilometres
4
5
Patented Claims (excluded from property)
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Properties: DELTA-1 DELTA RESOURCES LIMITED
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Corporate Presentation January 2020 DELTA-1 PROPERTY Regional Geology
Opawica Gneissic Belt
Why we think Delta-1 is HOT!
DELTA-1 PROPERTY Regional Geology
Opawica Gneissic Belt
5
8 Shebandowan
6 5
4
18 6
4
1
Δ Located in the Shebandowan Greenstone Belt. Δ Covering 17km of the Shebandowan Shear Zone. Δ All the ingredients for a large Gold deposit:
DELTA-1 PROPERTY
7 Shebandowan
DELTA-1 PROPERTY
7
Moss Lake: 40Mt @ 1.1 g/t Au Indicated 50Mt @ 1.1 g/t Au Inferred
LEGEND LEGEND
Granitoids 2750-2695Ma Pre-OrogenicPre-Orogenic Granitoids 2750-2695Ma Thunder Bay
Massive Granodiorite to Granite
Massive Granodiorite to Granite
Diorite-Monzonite-Tonalite
Diorite-Monzonite-Tonalite
Coarse Clastic Sediments (Temiskaming-type 2690-2685 Ma) Coarse Clastic Sediments
DEPOSITS
DEPOSITS DEPOSITS
1) Inco Mine: (1972-98) 9.29MT @ 1.75% Ni, 0.88% Cu, 1.83 g/t PGE Meta-Sediments (Wacke, siltstone-mudstones) (Temiskaming-type 2690-2685 Ma) 1) Inco Mine: (1972-98) 9.29MT @ 1.75% Ni, 0.88% Cu, 1.83 g/t PGE 2) Moss Lake: 40MT @ 1.1 g/t Au(1972-98) Indicated 9.29MT @ 1.75% Ni, 0.88% Cu, 1.83 g/t PGE 1) Inco Mine: Mafic-Ultramafic Volcanics Meta-Sediments (Wacke, siltstone-mudstones) 50MT @ 1.1 g/t Au Inferred 2) Moss Lake: 40MT @ 1.1 g/t Au Indicated Mafic-Ultramafic Intrusives (gabbro-anorthosite) Moss 103M Lake:50MT 1.1g/t g/tAu AuInferred Indicated 3) Coldstream: 2) (1906-67) lb40MT Cu @@ 1.1 Mafic-Ultramafic Volcanics Felsic to Intermediate Volcanics 50MT 1.1 g/t Au Inferred 4) East Coldstream: 763,000 oz Au @ 0.78@ g/T 3) Coldstream: (1906-67) 103M lb Cu Mafic-Ultramafic Intrusives (gabbro-anorthosite) Mafic to Intermediate Volcanics 5) Vanguard: 300,000 T @1.5% Cu, (1906-67) 2.5% Zn, 5.0 g/t Au lb Cu 3) Coldstream: 103M East oz Coldstream: oz Au @ 0.78 g/T Zone ~2700 Ma Volcanics FelsicShear to Intermediate 6) Pistol Lake:4) 72,000 @ 2.62 g/t Au 763,000 4) East Coldstream: 763,000 oz Au @ 0.78 g/T 5)96,000 Vanguard: Zone ~2690 Ma 7) Bandore #4: oz Au @300,000 4.83 g/t AuT @1.5% Cu, 2.5% Zn, 5.0 g/t Au MaficShear to Intermediate Volcanics 5) Vanguard: 300,000 T @1.5% Cu, 2.5% Zn, 5.0 g/t Au 8) Bandore Main: 156,000 oz Au72,000 @ 6.86 g/t Shear Zone ~2685 Ma 6) Pistol Lake: ozAu@ 2.62 g/t Au
Shear Zone ~2700 Ma Shear Zone ~2690 Ma Shear Zone ~2685 Ma
6) Pistol Lake: 72,000 oz @ 2.62 g/t Au 7) Bandore #4: 96,000 oz Au @ 4.83 g/t Au 7) Bandore #4: 96,000 oz Au @ 4.83 g/t Au 8) Bandore Main: 156,000 oz Au @ 6.86 g/t Au 8) Bandore Main: 156,000 oz Au @ 6.86 g/t Au
δ δ δ δ δ δ
Intersection of major gold-bearing structural zones, Presence of ultramafic intrusions, Presence of Temiskaming-Type sediments, Presence of a very large and intense alteration zone, Very complex geology and Presence of large gold deposits in the area Thunder Bay (endowment).
Kewanawan Proterozoic Belt 1.1-1.2Ga
Kewanawan Proterozoic Belt 1.1-1.2Ga SCALE
N
0
5
10 15 kilometres
N
20
25
0
SCALE
5
10 15 kilometres
20
25
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Disclaimer Properties: DELTA-1 DELTA RESOURCES LIMITED
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Corporate Presentation August January2019 2020 DELTA-1 PROPERTY Opawica Gneissic Belt
Regional Geology DELTA-1 PROPERTY
DELTA-1 PROPERTY OUTLINE
Δ
Opawica Gneissic Belt
5
6 4
1
8 Shebandowan
Gold Cache 7
Matawin
0
1
2 3 4 kilometres
Creek
5
LEGEND
South
Coarse Clastic Sediments (Temiskaming-type 2690-2685 Ma) Meta-Sediments (Wacke, siltstone-mudstones) Mafic-Ultramafic Volcanics Mafic-Ultramafic Intrusives (gabbro-anorthosite)
Felsic to Intermediate Volcanics Mafic to Intermediate Volcanics Shear Zone ~2700 Ma Shear Zone ~2690 Ma Shear Zone ~2685 Ma
δ The property has been “dormant” since 2003 The Eureka Gold Discovery of 2018 is new and has never been drilled over a strike length of 1.5 km.
Wedge
Pre-Orogenic Granitoids 2750-2695Ma Eureka NEW DISCOVERY
Massive Granodiorite to Granite Diorite-Monzonite-Tonalite
and 20 drilled on Cu-Ni targets (1956-69)
Δ
Bylund
The property has been poorly explored
δ Total of 42 drill holes with 25 drilled prior to 1981
PROPERTY Trench 7:DELTA-1 1.33 g/t Au over 24.5 m in channel. Trench 10: 40.0 g/t Au in grab. Main Zone: Au in syenite intrusion. Trench 14: Grab samples of up to 33.0 g/t Au Trench 12: Grab samples up to 5.0 g/t Au 1.694 g/t Au over 5.7 m in DDH
Kaspar
SCALE
Historical Work
Property Geology
N
GOLD OCCURRENCES DEPOSITS
South: up to 8.5 g/t Au grab in 1940 (qtz stringers, dism py-apy) 1) Incov. Mine: 9.29MT 1.75% Creek: high (1972-98) Fe-Carb alt. up to@11.4 g/tNi, Au0.88% grabCu, 1.83 g/t PGE 2) Moss Lake: 40MT @ 1.1 g/t Au Indicated 50MT @ 1.1 g/t Au Inferred
Kaspar: Brecciated Su-Mt-Fe.Fm 3) Coldstream: (1906-67) 103M lb Cu Wedge: up to 14.5 g/t Au grab in ak UM 4) East Coldstream: 763,000 oz Au @ 0.78 g/T Gold Cache: 1.8 to 15.4 g/t Au in trenches 5) Vanguard: 300,000 T @1.5% Cu, 2.5% Zn, 5.0 g/t Au Matawin: Su-Fe.Fm 6) Pistol Lake: 72,000&ozChert-Bx. @ 2.62 g/t~2.00 Au g/t Au over 8m Bylund: 0.32 g/t Au over 102.6 m (in 7) Bandore #4: 96,000 oz Au @ 4.83 g/t125m Au wide Ak zone disp py-apy) 8) Bandore Main: 156,000 oz Au @ 6.86 g/t Au
Thunder Bay
DRILL HOLES 3 Brothers 1956: 5 ddhs total 1,098.1m testing Ni-Cu targets Edger 1956: 1 ddh for 61m testing a Ni-Cu target. Kewanawan Proterozoic Belt 1.1-1.2Ga Falconbridge 1962: 1 ddhfor 198.6m testinga Ni-Cu target. Inco 1966-69: 12 ddhs forSCALE 2,178.4m testing Ni-Cu targets. SCALE Getty 1972: 1 ddh 0 for 1 151.6m, 2 3testing 4 a VMS 5 target kilometres Lynx 1981: 5 ddhs for 442.9m testing Matawin occurrence 0 5 10 15 20 25 RJK 2003: 17 ddhs for 2,690.4m testing Au-VMS
N
TOTAL: 42 DDHs for a total 6,813 m.
kilometres
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Disclaimer Properties: DELTA-1 DELTA RESOURCES LIMITED
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Corporate Presentation August January2019 2020 Looking North
EUREKA DISCOVERY 2018 TRENCHING (never drilled)
N
SCALE 0
1
2 3 4 kilometres
5
N
2.2 g/t Au // 10m
Eureka Discovery
Δ Δ Δ
Discovered on Soil Geochemical anomalies. Trenching in the summer 2018 and 2019. Never drilled over a strike length of 1.5 km.
Looking North Looking East
0.4 g/t Au // 157m 1.6 g/t Au // 12m 16m not sampled Overburden too deep 1.3 g/t Au // 12m
13.8 g/t Au // 5m
SCALE 0
Looking East
10 1
20 2
30 3 40 4 50 5 metres kilometres
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Disclaimer Properties: DELTA-1 DELTA RESOURCES LIMITED
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Corporate Presentation August January2019 2020 DELTA-1 PROPERTY
~3 km
Targets
Property Geology
Δ Δ
DELTA-1 PROPERTY OUTLINE
The Eureka Gold Discovery is drill-ready. Soil Geochemistry has already defined additional targets:
δ Parallel anomaly north of Eureka δ Anomalies West and northwest of Kaspar. δ Numerous intersections between NE-trending
Kaspar
~1.5km
structures and the NW-trending Shebandowan shear zone as defined by geophysics.
Bylund Matawin
LEGEND Massive Granodiorite to Granite Diorite-Monzonite-Tonalite
Eureka NEW DISCOVERY
Coarse Clastic Sediments (Temiskaming-type 2690-2685 Ma) Meta-Sediments (Wacke, siltstone-mudstones) Mafic-Ultramafic Volcanics
Mafic-Ultramafic Intrusives (gabbro-anorthosite) Felsic to Intermediate Volcanics
SCALE
Mafic to Intermediate Volcanics Shear Zone ~2700 Ma Shear Zone ~2690 Ma Shear Zone ~2685 Ma
N
0
1
2 3 4 kilometres
5
11
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Disclaimer Properties: DELTA-2 DELTA RESOURCES LIMITED
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Corporate Presentation August January2019 2020 DELTA-2 PROPERTY Chibougamau and Chapais Mining District, Quebec, CANADA DELTA-2 PROPERTY
Property Location
Historic production from the Doré Lake and andChapais Chibougamau Lake sectors total: Chibougamau Mining District, Quebec, CANADA 47.5Mt at 1.72% Cu, 2.30 g/t Au, for 1.6 billion pounds of Cu and 3.2 million ounces Au Historic production from the Doré Lake and Chibougamau Lake sectors total: 47.5Mt at 1.72% Cu, 2.30 g/t Au, for 1.6 billion pounds of Cu and 3.2 million ounces Au
The Chapais mining camp has produced: The Chapais mining camp has produced: 24.2Mt 2.24% Cu,billion 1.13 g/t Aupounds for 1.1 billion 24.2Mt at 2.24% Cu, 1.13 g/t Auatfor 1.1 of pounds Cu, of Cu, 0.8 million ounces Au and 8.2 million ounces Ag. 0.8 million ounces Au and 8.2 million ounces Ag.
N
N
Δ Located 35 km SE of Chibougamau, crossed by highway 167.
Δ 237 claims | 12,650 ha |~126 square km
Δ ~20 km to Chibougamau
Delta 100% ownership. Acquired October 16th, 2019.
HWY 167
N
1
Delta-2
DELTA-2 PROPERTY OUTLINE Total of 226 Claims Total of 11 Claims on request GRAND TOTAL OF 237 CLAIMS
Delta-1
NTS Sheet 32/G-09 1
SCALE
0
1
2 3 4 kilometres
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5 4
Disclaimer Properties: DELTA-2 DELTA RESOURCES LIMITED
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Corporate Presentation August January2019 2020 DELTA-2 PROPERTY CAOPATINA-DESMARAISVILLE GREENSTONE SEGMENT Abitibi Greenstone Belt, Chibougamau-Chapais Area
Why we think Delta-2 is HOT!!
Lemoine Mine (1975-1983) Lemoine Mine (1975-1983) 757 585 t @ 9.52% Zn, 4.18% Cu, 4.56 g/t Au and 82.26 g/t Ag
757 585 t @ 9.52% Zn, 4.18% Cu, 4.56 g/t Au and 82.26 g/t Ag
N
Δ
Blondeau Fm
Two volcanic cycles from mafic to felsic at the property.
δ The contact between these cycles is prospective for VMS mineralization.
Guillaume-Cartier
Chevrier Zone 43-101 Resource Chevrier Zone 43-101 Resource 10.8Mt @ 1.22 g/t Indicated and 6.3Mt @ 1.27 g/t Au 10.8Mt @ 1.22 g/t Indicated and 6.3Mt @ 1.27 g/t Au Inferred
Inferred
Delinel
Waconichi Fm
- LEGEND Gabbroic Dikes Alteration Zone
R-14
R-14 Prospect La Dauversière Pluton 2718 Ma
0
1
2 3 4 kilometres
OCCURRENCES & PROSPECTS
Prospects Occurrences
5
Δ
Very large alteration zones defined by Consorem in 2012.
Δ
Various types of deposits in the area:
Delinel & Guillaume-Cartier Syn-Tectonic Boisvert Pluton 2697 Ma
Obatogamau Fm
SCALE
Major structural zones trending EW and NE.
Bruneau Fm
East Showing
Chevrier S.
Δ Δ
Syn-volcanic intrusion as engine to mineralizing processes.
δ Magmatic-hydrothermal gold deposits such as Chevrier and R-14.
δ Volcanogenic Massive Sulphide Deposits such as Lemoine, Delinel and Guillaume-Cartier.
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Disclaimer Properties: DELTA-2 DELTA RESOURCES LIMITED
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Corporate Presentation August January2019 2020 Chibougamau Cu-Au Mining District, Quebec, CANADA
Volcano-Sedimentary Sequence
Historic production: 47.5Mt at 1.72% Cu, 2.30 g/t Au, for 1.6 billion pounds of Cu and 3.2 M oz Au
Chibougamau Mining District - Analogy
Bruneau Grandroy
Volcano-Sedimentary Sequence
Volcano-Sedimentary Sequence
Δ Magmatic-Hydrothermal Au-Cu mineralization. Δ Associated with Syn-Volcanic Chibougamau
Portage
Pluton (2718 Ma).
Jaculet Cu Cliff
Δ Emplaced in NW- and NE-trending structures
Henderson II
Henderson I
Cedar Bay
radiating from the Chibougamau Pluton and contemporaneous with its emplacement.
Cu Rand
Qc C. Goldfields
Kokko Creek Obalski Campbell Merrill
Δ Mineralized structures also host dykes that are
S-3
Lac Doré Complex 2728 Ma
genetically related with the Chibougamau Pluton.
Chib-Kayrand
Δ Sitting on the northern limb of a regional ENEtrending anticline.
- LEGEND -
Lac Doré Complex
Chibougamau Pluton
Chlorite-Sericite Schist Syn-Plutonic Structure Chibougamau Pluton 2718 Ma
COPPER-GOLD DEPOSITS >5M tonnes
SCALE
1-5M tonnes < 1M tonnes
N
0
1
2 3 kilometres
4
5
6
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Disclaimer Properties: DELTA-2 DELTA RESOURCES LIMITED
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Corporate Presentation August January2019 2020
Chibougamau Mining District - Analogy
Δ Magmatic-Hydrothermal Au mineralization. Δ Associated with Syn-Volcanic La Dauversiere
N
Pluton (similar age as the Chibougamau Pluton).
Δ NW- and NE-trending structures radiating from the La Dauversiere Pluton can be interpreted from geophysics.
Δ Mineralized structures host dykes that are
genetically related with the La Dauversiere Pluton.
Chevrier R14 Chevrier S
Δ Sitting on the northern limb of a regional ENE-
La Dauversière Pluton 2718 Ma
trending anticline.
SCALE 0 1 2 3 4 5 kilometres
DELTA-2 PROPERTY Vertical Gradient Magnetic Map
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Disclaimer Properties: DELTA-2 DELTA RESOURCES LIMITED
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Corporate Presentation August January2019 2020
R-14 Mineralization – Gold Potential
Δ Δ Δ Δ Δ
Dyke cross-cutting an early goldquartz vein
Two generations of dykes within the same structure.
Two generations of dykes within the same structure, both crosscut by a late gold-quartz vein.
Magmatic-Hydrothermal Gold mineralization. Emplaced in early structures that have been reoriented by regional deformation. Mineralization is associated with a dyke swarm that is genetically associated with the La Dauversiere Pluton. Structures hosting the dykes were very longlived showing many generations of dykes and at least two generations of gold-bearing quartz veins. Sitting within a large (2.5 x 1.5 km) and discordant alteration halo potentially originating from the La Dauversiere Pluton
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Disclaimer Properties: DELTA-2 DELTA RESOURCES LIMITED
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Corporate Presentation August January2019 2020
Volcanogenic Massive Sulphide Potential
Δ Δ Δ Δ Δ
Contact between Volcanic Cycles II and III. Early structures to channel fluids. Syn-volcanic La Dauversiere Pluton to provide heat and generate mineralized fluids. Discordant alteration zones. Existing VMS mineralization in the area, associated with this contact such as the Delinel, Guillaume-Cartier prospects and the past producing Lemoine Mine.
Photos of three outcrops showing intense garnet alteration of mafic rocks at the Delta-2 property. This alteration may be associated with volcanogenic massive sulphide processes. This new alteration zone was observed over an 200x400m so far.
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Disclaimer Properties: DELTA-2 DELTA RESOURCES LIMITED
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Corporate Presentation August January2019 2020 DELTA-2 PROPERTY CAOPATINA-DESMARAISVILLE GREENSTONE SEGMENT Abitibi Greenstone Belt, Chibougamau-Chapais Area
Targets
Lemoine Mine (1975-1983) 757 585 t @ 9.52% Zn, 4.18% Cu, 4.56 g/t Au and 82.26 g/t Ag
N
Δ
Magmatic-hydrothermal gold deposits associated with the emplacement of the La Dauversiere Pluton (in red).
Δ
VMS deposits associated with the contact of two volcanic cycles (in black), and
Δ
Late lode-gold deposits associated with large EW-trending structures (in white).
Blondeau Fm
Guillaume-Cartier Chevrier Zone 43-101 Resource 10.8Mt @ 1.22 g/t Indicated and 6.3Mt @ 1.27 g/t Au Inferred
Delinel Bruneau Fm
East Showing Waconichi Fm
Syn-Tectonic Boisvert Pluton 2697 Ma
Obatogamau Fm
- LEGEND Gabbroic Dikes
R-14
Chevrier S.
Alteration Zone OCCURRENCES & PROSPECTS
La Dauversière Pluton 2718 Ma
SCALE 0
1
2 3 4 kilometres
Prospects Occurrences
5
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Properties: Bellechasse-Timmins DELTA RESOURCES LIMITED
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Corporate Presentation January 2020 -LEGEND-
Bellechasse-Timmins Property Outline
Delta 100%
Champagne Cu-Pb-Zn Deposit Quebec City
N
Montreal
Ascot Zone Bellechasse-Timmins Gold Deposit 2.9MT @ 1.83 g/t Au Indicated Upper T2 2.2MT @ 1.36 g/t Au Inferred
BellechasseTimmins
SCALET1 Upper 0
1
2 3 4 kilometres
Lower T1
A Deposit projected to surface
The Bellechasse-Timmins Property Highlights
Δ Δ Δ
157 claims | 5677 ha | Delta 100% ownership
Δ
Two Deposits on the property:
Lower T2
Potential for both lode-gold and VMS base metal deposits. Property covers 15 km of prospective structure and stratigraphy for lode-gold and VMS deposits
δ
Bellechasse-Timmins Gold (NI 43-101 Resource): 171,000 oz gold at 1.83 g/t Indicated Z88 east 95,000 oz gold at 1.36 g/t inferred
δ
Champagne Au-Ag-Zn-Cu-Pb (Historical Non-43-101 compliant Resource): 250,000 tonnes @ 4.0 g/t Au, 19.7 g/t Ag, 2.7% Zn, 0.4% Cu and 0.45% Pb
5
3D view of B-T deposit
Ascot Zone Upper T2
Lower T2
N
Upper T1 Z88 east Lower T1
A
B
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Near-Term Objectives DELTA RESOURCES LIMITED
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Corporate Presentation January 2020 DELTA RESOURCES 2020 OBJECTIVES
Delta-1
Delta-2
B-T
Δ
Delta will continue to look for opportunities to continue to build a strong portfolio of mineral exploration properties in Canada.
Δ
Complete high-resolution geophysical surveys at both Delta-1 and Delta-2 in the winter to be ready for field work in the spring of 2020.
Δ
Summer field crews deployed at Delta-1 and Delta-2 for detailed geological mapping, sampling and follow up of geophysical targets. Define drill targets.
Δ Δ
Drilling program at Delta-1 & delta-2. Make a decision on the long-term potential of its 100% owned Bellechasse-Timmins gold deposit and property in SE Quebec.
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Contact Corporate Presentation January 2020 DELTA RESOURCES LIMITED
21
Leaving no stone unturned in Canada’s mining-friendly jurisdictions
Contacts: André C. Tessier, President & CEO atessier@deltaresources.ca Frank Candido, Chairman fcandido@deltaresources.ca www.deltaresources.ca 1718 Christine Cr, Kingston, On, CANADA, K7L 4V4 Tel: 613-328-1581
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