Delta Resources Limited (TSXV:DLTA) agreed to acquire Exclusive rights Laurie and Horne properties in Thunder Bay, Ontario for CAD 0.614 million on May 1, 2024. The total consideration contains CAD 0.075 million in cash. Delta Resources issued 0.14 million shares as part of consideration.

Delta will also pay the original vendor the sum of CAD 350,000 over a three year period CAD 50,000, CAD 100,000 and CAD 200,000 respectively in years 1, 2 and 3 and incur a total of CAD 1M in exploration expenditures over the same period. The terms are divided equally between both Laurie and Horne properties. The agreement is subject to regulatory approval.