Delta Resources Expands Holdings in Thunder Bay

Delta Resources (TSE:DLTA) has released an update.

Delta Resources Limited has expedited the acquisition of Horne and Laurie properties by reaching a new agreement that eliminates future cash payments and work commitments for the Delta-1 property in Thunder Bay, Ontario. The arrangement includes the issuance of shares and warrants to the original vendors and maintains Net Smelter Return Royalty rights. This strategic acquisition increases Delta’s land coverage in the Shebandowan Belt to over 306 square kilometers, allowing for greater exploration flexibility.

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