Delta Resources  Updates Drill Results for Chibougamau, Quebec

In recent times, investors have increasingly become used to getting hold of the latest information and analyses about different aspects of the stock market from online platforms. YouTube has now become a very popular platform among investors and for good reasons too, considering the number of highly informative channels that have cropped up in recent years.

RichTV Live is currently one of the more popular YouTube channels for retail investors. It publishes videos on a daily basis and looks into different companies, stocks and also analyses breaking news stories. Today, the RichTV Live analyst looked into a breaking news story in relation to the company Delta Resources (TSXV:DLTA)(OTC:DTARF)(FRA:6G01) and it might be a good idea for investors to take a look at the video in order to get a better idea with regards to the breaking news story.

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On Wednesday, the company announced the results from the follow-up drilling that it had done with regards to Oil-Gold discovery at the Delta-2 Gold Property that is located in Chibougamau, Quebec. The company provided a snapshot of the most important findings that had been made from the follow-up drilling operation.

Delta Resources announced that it had managed to complete drilling in as many as seven drill holes during the follow-up drilling program. A total of 1059 metres worth of drilling had been done. Delta Resources announced that five of those holes have managed to intersect in the mineralized zone. On the other hand, in four of the seven holes high-grade gold has also been observed.

Hence, it is clear to see that it is a significant development for Delta Resources, and in this sort of situation, it could be a good idea for investors to start looking into the stock as well.

The RichTV analyst pointed out that the stock had first been brought to the attention of the channel’s subscribers when it had been trading at C$0.30 a share. At this point, it is trading at C$0.42 a share.

While RichTV does not make any recommendations, it covers a range of stocks that are a bit under the radar and may not be known to many investors.

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