Delta Resources Ltd Strengthens Leadership and Advances Exploration Activity
Delta Resources Limited, a Canadian mineral exploration and development company listed on the TSX Venture Exchange, announced significant corporate and exploration developments in the first week of February 2026.
Leadership Changes
On 19 February 2026, Delta Resources confirmed the appointment of Ron Kopas as Chief Executive Officer. Kopas is expected to solidify the company’s position in capital markets and enhance project development capabilities. In the same announcement, Daniel Boudreau was named Vice President of Exploration, adding technical depth to the exploration team. These appointments aim to strengthen the firm’s management structure and accelerate its exploration agenda.
Exploration Highlights
Eureka Deposit, Thunder Bay, Ontario On 18 February 2026, Delta Resources reported a drill result of 4.18 g/t gold over 17.7 metres at the Eureka site. This finding is part of the company’s Delta‑1 Gold Project and demonstrates a potentially high‑grade resource. The company also initiated the first phase of a comprehensive metallurgical test work program to assess processing options and ore characteristics.
Delta‑2 Option Status On 17 February 2026, Delta Resources announced that the Delta‑2 option received a conditional “OK” from regulators. This approval is a critical step in the company’s plan to expand its project portfolio and move closer to resource definition.
Market Context
- Trading Price: CAD 0.17 (as of 17 February 2026)
- 52‑Week Range: CAD 0.08–0.26
- Market Capitalisation: CAD 23.2 million
Despite a price below one‑cent and a negative price‑to‑earnings ratio of –5.01, the company’s recent drilling successes and leadership upgrades suggest an active effort to progress its projects and attract investor interest.
Delta Resources continues to pursue natural resource and precious‑metal mining solutions across Canada, with further updates expected as exploration and development activities advance.
