Delta-1 Gold Project Has Improved Gold Intercept

KINGSTON - Delta Resources Limited reported on an updated gold intercept in drill hole D1-22-24 and a newly revised interpretation of the Delta-1 Gold project located 50 km west of Thunder-Bay, Ontario. Improved Gold Intercept of drill hole D1-22-24: A gold intercept of 5.32 g/t over 8.0 meters on drill hole D1-22-24. Additional metallic sieve analyses of the mineralized zone have now increased the gold intercept to 6.49 g/t gold over 10.0 meters with an additional one meter sample returning 22.22 g/t gold.

As Delta continues its current drill campaign at Delta-1, new structural and geophysical insights on the Eureka mineralized zone have emerged that significantly enlarge the potential area for gold on the property.

Previously reported, high-grade drill intercepts from drill holes D1-22-18, D1-22-24 and D1-22-25 suggest that higher-grade gold occurs towards the east and at depth. From these most recent drill holes, the following conclusions can be drawn: 1) The Eureka Gold Zone appears to be associated with the core of a magnetic-low anomaly. The newly identified geophysical signature extends over a minimum of two kilometers east of drill holes D1-22-18, D1-22-24 and D1-22-25, where high-grade gold was intersected. The projection of the mineralized zone has never been drill-tested in the area and occurs entirely on Delta's properties. 2) In the western portion of the Eureka Gold Zone, the mineralization trends generally 090 to 100 degrees azimuth and dips approximately 50 degrees towards the North. In the eastern portion of the Eureka Gold Zone, the trend of the mineralization turns to 115 degrees azimuth and dips 80 degrees towards the north. This flexure in the structural zone may be responsible for the higher grades of gold encountered in the recent drill holes. 3) In the western portion of the Eureka Gold Zone, mineralization is hosted in intensely altered sandstones near their contact with ultramafic flows to the south. Meanwhile, in the eastern portion of the Eureka Gold Zone, gold mineralization is hosted within intensely altered and brecciated mafic to intermediate volcanic rock near their contact with altered sandstones to the north. The change of host rock may also contribute to the higher-grade gold encountered in the eastern portion of the mineralized zone. Furthermore, the sandstone-volcanic contact has never been tested in the western portion of the gold zone.