The Bellechasse-Timmins Property, Quebec, Canada
|Bellechasse and Panet townships, Beauce Region of Quebec
|1% Net Smelter Return (NSR) royalty.
|A 43-101 compliant resource estimate completed in 2012 by SGS at the Bellechasse-Timmins deposit outlined the Champagne Deposit is believed to be a deformed massive sulphide deposit of VMS-type and has a strike length of approximately 335 metres with mineralization extending to a depth of approximately 114 metres vertical.
|Delta Resources Receives Final Tranche Payment of $400,000 to conclude the sale of the property to Yorkton Ventures.
|Mineralization at the Bellechasse-Timmins deposit is believed to be of lode-gold, quartz-carbonate vein type. The Champagne Deposit is believed to be a deformed massive sulphide deposit of VMS-type.
Delta completed the sale of the Bellechasse-Timmins property on April 4th, 2022. Delta is retaining a 1% NSR interest in the property. Yorkton Ventures has the right to buyback 0.5% interest for $1M.
- Bellechasse-Timmins Gold Deposit,
- Champagne Cu-Pb-Zn Deposit