Nova .(US:NVMI) TMX Newsfile·2026-02-04 12:37Core Insights - Delta Resources Limited has discovered a potential new gold zone in the Wedge area, approximately 4 kilometers west of the Eureka Gold Deposit in Thunder Bay, Ontario [1] - The company has initiated a follow-up drill program of 1,400 meters at its flagship Delta-1 Property, which is located about 50 kilometers west of Thunder Bay [1] Drill Program Highlights - The recent drill program consisted of 26 holes totaling 5,237 meters [5] - Notable assay results include a new gold intercept in hole D1-25-153 at the Nova target, returning 1.11 g/t Au over 10.3 meters [5] - Confirmation of gold mineralization at the Wedge Zone was achieved in hole D1-25-152, which yielded 0.23 g/t Au over 7 meters [5] Geological Insights - The Wedge area has shown a strong gold anomaly, with mineralization occurring in at least two distinct styles, indicating a complex gold system [8] - The previously identified Wedge Zone has been verified through multiple surface sampling programs, with significant potential for extension along-strike [9] - A new style of mineralization associated with massive pyrite lenses was observed in drill hole D1-25-153, corresponding with a 500-meter long VTEM anomaly [12] Future Exploration Plans - The follow-up drilling will focus on expanding the footprint of the Wedge Zone, testing the extent of gold-bearing massive pyrite lenses, and drill testing the Kaspar Target [14] - The strategic location of the Delta-1 property near Thunder Bay enhances the project's economic viability, supported by positive results from neighboring projects [4] Company Background - Delta Resources is a Canadian mineral exploration and project development company focused on the Delta-1 project, which features a large, near-surface gold deposit extending 2.5 kilometers in strike length [24] - The property covers 297 square kilometers and contains multiple corridors of intense alteration and deformation, many of which remain under-explored [25]