Interview with Delta Resources CEO André Tessier

After a busy week at PDAC, we caught up with the pioneer behind Delta Resources (TSX-V: DLTA) (OTCQB: DTARF) André Tessier, the CEO of Delta to discuss his company’s Delta-1 property in Thunder Bay, Ontario, where visible gold mineralization can be found and what plans are in store for DLTA in 2023. Here is our conversation!

The Resource Report: For those who are not familiar or perhaps just discovering Delta Resources, could you tell us about Delta Resources and its exploration projects, namely the Delta 1 in Thunder Bay, Ontario which has received much attention as of late and the Delta 2?

André Tessier:

DELTA-1 covers 58.3 square kilometres located 50 kilometres west of Thunder Bay, Ontario adjacent to the Trans Canada Highway. The Delta 1 property began to receive much attention when we announced our first high grade drill intercept or hole 18, with 31 metres of 5.92 g/t Gold on October 19, 2022. Since that announcement we have drilled approximately 4000 more metres to the east with all results still pending. In fact, on March 1, 2023, released visuals on holes 30 and 31, approximately 200 and 300 metres to the east of hole 18 which had significant visible gold. The drill campaign is ongoing as we have extended the zone approximately 650 metres to the east. We anticipate a busy few months of results for Delta and its shareholders.

TRR: Recently, Delta announced that the company continued to intersect visible gold in several drill holes at its Delta-1 project in Thunder Bay. What was it about the Delta-1 project that compelled you to acquire it in 2019.

André Tessier:

We acquired the property in late 2019 from a prospector. We acquired the property based on the significant size and intensity of alteration which is necessary for a potential large Gold deposit. We began drilling the property within a month of acquiring it with an approximate 1000 metre drill campaign. Since then and through further acquisition, we have acquired much more property especially to the east of the original property.

TRR: Delta has drilled eleven holes totaling 2,975 metres at Delta-1 thus far (as per your last press release update). How many more drill holes does the company have planned for Delta-1 in this current campaign and when do you anticipate drilling to be completed or paused?

André Tessier:

We have now completed approximately 3700 metres since that last announcement, or 13 holes and drilling is ongoing. We have temporarily paused drilling due to the cold conditions and the freezing of our water line. We expect to continue drilling once this very short pause is competed. We have not decided when we will pause this campaign at this time.

TRR: How far east have you drilled since hitting the high-grade gold intercept in drill hole 18 where you intersected 5.92g/t Gold over 31 meters.

André Tessier

We are now approximately 650 metres to the east and will continue to drill eastward.

TRR: Delta is currently awaiting assay results for this current campaign. Do you know when we can anticipate the first set of results to be announced?

André Tessier:

We expect results sometime in early April with a constant flow of news after that.

TRR: On multiple occasions and most recently in mid-February 2023, Delta continued to expand its land package whereby Delta acquired exclusive surface and mining rights through a lease agreement. What led you to decide on this continued expansion strategy and are you considering more acquisitions?

André Tessier:

Drill results to that point prompted Delta to continue to expand its land package. We are happy with the large land package we currently have however if an opportunity to further expand presents itself, we would certainly consider it.

TRR: It seems that interest in Thunder Bay and more specifically the Shebandowan Greenstone Belt is growing as many other companies have been acquiring land positions near or adjacent to the Delta-1 property. What does this tell you about the significance of your results to date?

André Tessier:

It confirms that other companies and their geological teams are seeing the value at such at early stage of this remarkable belt. The potential for large deposits is obvious and others are seeing it as well.

TRR: As of late a lot of focus has been placed on Delta-1 due to recent successful results during the 2022 and early 2023 exploration campaign, however Delta-2 which is located in the Abitibi Greenstone Belt and sits approximately 1.5km south of the historic, very high grade, Lemoine Mine, is also a very interesting property. What can you tell us about Delta-2 and what are the plans for exploration on Delta-2 in 2023 or are you planning on delaying any further work to keep your focus on Delta 1?

André Tessier:

With so much early success at Delta-1, we have obviously shifted our focus on that project. That said, we love our Quebec property, and we strongly believe that VMS (Gold, Copper and Zinc primarily) deposits can be found on our large land package. We will continue to explore and drill that property in mid-summer.

TRR: Looking to the future, what excites you most about Delta Resources in 2023?

André Tessier:

The potential to discover the first large high grade gold deposit on the Shebandowan Greenstone Belt in Thunder Bay, Ontario!