Delta Gold is a Natural Resources Exploration & Mining Company with an advanced Exploration Flagship Project at Chakola NSW having a JORC defined Resource of 436,000oz* Gold (equiv) from surface to approximately 100 metres depth within the highly prospective Lachlan Fold Belt of NSW. The Chakola Project incorporates a Volcanic Massive Sulphide Deposit consisting of Gold, Critical Minerals including Silver, Copper, Zinc, Tellurium, Molybdenum and Base Metal Lead. It should be noted that the Harnett Prospect is both open at depth and strike. There are also other identified potential targets within the exploration lease and as such the Company will be pursuing futher geophysical surveys and exploration drilling with a view to increasing the resource substantially.  

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Other projects include Exploration Lease 9038 covering Alluvial Gold deposits within the historic gold mining area of Craigie NSW with a JORC defined resource in the order of 9,400oz** Gold. Delta Gold anticipates bringing online early cash flow from the Craigie Alluvial Gold Project with in-ground value in the order of AUD$22,000,000 within the next 2-3 years.

 

Delta Gold is focused on continuing to increase share holder wealth through value acquisitions of mineral projects within Australia and overseas including taking the Company to an Australian Securities Exchange (ASX) listing through an Initial Public Offering (IPO) in 2024-25.

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*ASX:CMY Announcement 4 April 2007 - 4.63Mt @ 2.9g/t Gold equivalent containing 436,000oz Gold equivalent - This Gold equivalent resource estimate may vary due to changes in commodity values over time.

**Capital Mining Prospectus Page 52 November 2006