Company Leadership Change - Delta Resources Limited announces the immediate resignation of President and CEO Andre Tessier, who has held the position since June 20, 2019, and has contributed to advancing exploration programs and strengthening technical foundations [1][2] - Ron Kopas, a Director, will serve as Interim President and CEO while the Board searches for a successor to lead the company through its next growth phase, focusing on capital markets engagement, project development, and operational execution [2] Strategic Partnerships - Troilus Gold Corp remains one of Delta's largest strategic shareholders and has committed technical support to the Delta team as the company continues to develop the Shebandowan Belt, recognized as an emerging gold camp in Canada [3] Exploration Projects - Delta Resources is focused on its Delta-1 project in Ontario, Canada, where a significant gold deposit has been discovered 50 km west of Thunder Bay, with the deposit measuring 2.5 km long and extending from surface to 300 m depth [4] - Notable drill intercepts from the project include 5.92 g/t Au over 31 m (including 14.8 g/t Au over 11.9 m) and 1.79 g/t Au over 128.5 m, indicating strong mineralization potential [4] - The property spans 308 square kilometers, with multiple poorly explored corridors of intense alteration and deformation identified, aligning with the Eureka gold zone [4]
Delta Resources Announces Leadership Transition
Newsfileยท2025-07-16 19:55