Dr. Kevin B. Heather is an economic geologist with more than 35 years of field experience in North and South America. Dr. Heather was a founding member of both Antares and Regulus and directed the exploration that led to the discovery of the high-grade Haquira East deposit in Southern Peru, which sold to First Quantum Minerals in December 2010 for C$650 million. His professional credentials include a BSc. (honours) degree in Geology from UBC in 1982, a MSc. degree in Geology from Queen’s University in 1985, and a PhD. degree from the
University of Keele in 2001. Dr. Heather is currently the Chief Geological Officer (CGO) for Regulus and Aldebaran and is the QP (FAUSIMM) responsible at a corporate level for overseeing the technical aspects of both company’s exploration activities. During his career Dr. Heather has been involved with several discoveries and has worked on various world-class ore deposits including the El Indio Au-Ag-Cu Mine (Chile), the Pascua-Lama Au-Ag deposit (Chile-Argentina), and the Au-Ag Cerro Vanguardia Au-Ag deposit (Patagonia, Argentina).
The Bellechasse-Timmins Property, Quebec, Canada
- Bellechasse-Timmins Gold Deposit,
Champagne Cu-Pb-Zn Deposit
ON JULY 3RD, 2020, DELTA SIGNED AN AGREEMENT WITH YORKTON VENTURES INC TO SELL THE BELLECHASSE-TIMMINS PROJECT FOR $1.7M PAYABLE OVER A PERIOD OF 15 MONTHS FROM THE DATE OF SIGNING. DELTA IS RETAINING A 1% NSR INTEREST IN THE PROPERTY.
The Bellechasse-Timmins gold deposit is located approximately 7 kilometres by paved road from the village of St-Magloire in Bellechasse Township, Beauce Region of Quebec, in Bellechasse and Panet townships. The property is 83 kilometres east of Quebec City and some 15.5km west of the border with the State of Maine, USA.
Delta holds 100% interest in the 157 claims covering 5677.1 hectares (Figure 1). The claims are in two blocks, a large northern block and a smaller southern block.
100% Delta subject to:
- A 5% Net profit royalty on profits exceeding $250,000 on 4 claims that encompass the BT deposit).
A 2% NSR on the remainder of the property of which 1% or 2% can be bought back by Delta for $1,000,000.
GEOLOGY (From SGS-Duplessis 2012 43-101 Technical report):
The property lies within the Northern Appalachian Fold Belt between the Baie Verte-Brompton
Line (BVBL) and the Guadeloupe Fault.
The property lies within the St-Victor Syncline near its north closure (Figure 2). The rocks of the synclinorium are believed to be Upper Cambrian to Lower Ordovician age. These authors have divided Rocks of the area have been divided into five zones: From the northwest they are the Humber, Dunnage, Gander, Avalon, and the Meguma in the southeast. The property lies within the Dunnage Zone.
Rocks of the Dunnage Zone are believed to have deposited in the Iapetus ocean (600-550 Ma) and include remnants of volcanic island arcs and associated clastic and volcanoclastic sediments related to subduction of oceanic crust and its sedimentary and volcanic cover.
Rocks of the property are Ordovician in age and consist of sandstones and slates of the Frontiere Formation, overlain by felsic tuffs and cherts of the Etchemin Formation which are in turn overlain by an assemblage of intercalated graphitic slates, felsic tuffs and cherts of the Beauceville Formation at the core of the St-Victor Syncline. All three formations are intruded by thin sills of gabbro / Diorite.
The Bellechasse-Timmins gold deposit is spacially associated with a gabbroic/dioritic sill within the Etchemin Formation while the Champagne Cu-Pb-Zn deposit is hosted within the Beauceville Formation.
The Delta-1 Gold Property, Ontario, Canada
The Delta-1 Property is located 50 km west of the City of Thunder Bay by traveling west on the Trans-Canada highway, in the Thunder Bay Mining Division. The property straddles the Trans-Canada highway for 16 kilometres. The property can be further accessed by a series of forestry roads and haulage trails that cover much of the area (Figure 1).
The Delta-2 Property, Quebec, Canada and the R-14 Gold Prospect.
The Delta-2 property is located roughly 35 kilometres south east of the town of Chibougamau (Figure 1: location map). Claims are located within the La Dauversière, Queylus, Dollier, Charron and Lemoine Townships. (Figure 1)
The property is accessed via paved highway 167 which crosses the western portion of the claim block. The rest of the property is accessed by a network of gravel roads and trails. A CN railway track also crosses the western portion of the claim block along with power lines.
20 06 30 President Message June 2020
2020 July President Message