1 DELTA RESOURCES LIMITED Corporate Presentation November 2019 - PowerPoint PPT Presentation

1 DELTA RESOURCES LIMITED Corporate Presentation November 2019 DLTA | TSX-V

Disclaimer DELTA RESOURCES LIMITED 2 Corporate Presentation November 2019 CAUTIONARY STATEMENT ON FORWARD- LOOKING INFORMATION Certain information contained or incorporated by legislation, taxation, controls, regulations and political or on behalf of, us. You are cautioned that forward- reference in this presentation, including any or economic developments in Canada or other looking statements are not guarantees of future information as to our future financial or operating countries in which we do or may carry on business in performance. All of the forward-looking statements performance, constitutes "forward-looking the future; business opportunities that may be made in this presentation are qualified by these statements". All statements, other than statements of presented to, or pursued by, us; operating or cautionary statements. We disclaim any intention or historical fact, are forward-looking statements. The technical difficulties in connection with mining obligation to update or revise any forward-looking words "believe", "expect", "anticipate", exploration or development activities; employee statements whether as a result of new information, "contemplate", "target", "plan", "intends", relations; the speculative nature of gold exploration future events or otherwise, except to the extent "continue", "budget", "estimate", "may", "will", and development, including the risks of obtaining required by applicable laws. "schedule" and similar expressions identify forward- necessary licenses and permits; diminishing quantities looking statements. Forward-looking statements are or grades of reserves; and contests over title to necessarily based upon a number of estimates and properties, particularly title to undeveloped assumptions that, while considered reasonable by us, properties. In addition, there are risks and hazards are inherently subject to significant business, associated with the business of gold exploration, economic and competitive uncertainties and development and mining, including environmental contingencies. Known and unknown factors could hazards, industrial accidents, unusual or unexpected cause actual results to differ materially from those formations, pressures, cave-ins, flooding and gold projected in the forward-looking statements. Such bullion losses (and the risk of inadequate insurance, factors include, but are not limited to: fluctuations in or inability to obtain insurance, to cover these risks). the currency markets (such as the Canadian versus Many of these uncertainties and contingencies can the U.S. dollar); fluctuations in the spot and forward affect our actual results and could cause actual price of gold or certain other commodities (such as results to differ materially from those expressed or copper); changes in national and local government implied in any forward-looking statements made by, DLTA | TSX-V

Disclaimer Why Delta Resources? DELTA RESOURCES LIMITED 3 Corporate Presentation August 2019 Corporate Presentation November 2019 Δ Excellent capital structure with ~23M shares issued. Δ Excellent opportunity to buy-in on the ground-floor of an emerging mineral exploration company. Δ Experienced and Highly Technical Management and Board of Directors with extensive expertise and a proven track record of economic discoveries leading to shareholder value. Δ Exploring the mining-friendly and politically safe jurisdictions of Canada where excellent potential for discoveries remain. Δ Focus on Gold and Base Metals deposits with size potential. DLTA | TSX-V

Share Structure DELTA RESOURCES LIMITED 4 Corporate Presentation November 2019 SHARE CAPITALIZATION: (Nov. 2019) Shares Issued: 23,743,338 Warrants Outstanding ($0.12): 3,620,000 Stock Opt. Outstanding (avg. $0.24): 1,815,000 Fully Diluted Share Capital: 29,178,338 DELTA SHARE PRICE PERFORMANCE 0.25 0.20 Price $Cad 0.15 0.10 DLTA | TSX-V Jun 10 Jul 8 Aug 5 Sep 2 Sep 30 Oct 28

Management DELTA RESOURCES LIMITED 5 Corporate Presentation November 2019 André C. Tessier, P.Eng., P.Geo. President, CEO and Director B.Eng., M.Sc., +30 years experience in international exploration. Long term consultant for Cominco Ltd, Barrick, Teck, HudBay Minerals, Cogema – President of Murgor Resources Inc. 2003-2015 and OGS. Participated in the discoveries and/or delineation of the Barry Gold Deposit – Windfall Lake Zones F-11, F-17 & F-54, WIM Cu-Au Deposit, Hudvam Au, Ag, Cu, Zn Deposit. Michel Chapdelaine, P.Geo. VP Exploration and COO B.Eng., M.Sc., +25 years experience in international exploration and drilling. Senior Supervising Geologist at Virginia Gold Mines, Director at FTE Drilling – VP Exploration & Director at X- Terra Resources. Participated in the discoveries and/or delineation of the Eleonore Gold Deposit – Coulon (Zn, Cu, Ag) – Gayot (Ni, Cu, PGE). Nathalie Laurin CFO +25 years experience in administration, project management and accounting in the natural resources sector. Handling book-keeping, audit file preparation, management of legal, regulatory and administrative matters for many public companies. DLTA | TSX-V

Board of Directors DELTA RESOURCES LIMITED 6 Corporate Presentation November 2019 André C. Tessier, P.Eng., P.Geo. Dr Kevin B. Heather, Independent Director President, CEO and Director B.Eng., M.Sc., +30 years experience in international exploration. Long term consultant B.Sc (Hons), M.Sc., Ph.D., +35 years experience in international exploration. – OGS, GSC, for Cominco Ltd, Barrick, Teck, HudBay Minerals, Cogema – President, CEO and Director Barrick, founding VP geology at Antares Minerals and currently founding Chief Geological of Murgor Resources Inc. 2003-2015. Officer at Regulus Resources Inc. Frank Candido Michael Zurowski, P.Eng. Chairman Independent Director B.A., +25 years financial consultant, specializing in the financing of private and public B.A.Sc., +35 years international experience in the management and evaluation of early-stage and micro-cap companies. Managing partner and founder at Direct Financial advanced projects, Executive VP & co-founder of Baffinland Iron Mines, associate at Strategies and Communications. Watts Griffis and McOuat, Rio Tinto Group. Roy Millington, BLC, LLB Independent Director +30 years experience in corporate, compliance, commercial, human resources and project-oriented legal work. Chief Corporate Counsel at Alcan & Rio-Tinto. DLTA | TSX-V

Properties DELTA RESOURCES LIMITED 7 Corporate Presentation November 2019 Delta-1 Delta-2 B-T DLTA | TSX-V

Criteria for Property Selection DELTA RESOURCES LIMITED 8 Corporate Presentation November 2019 Δ Potential for size based on: δ Size and intensity of alteration zones. δ Evidences of long-lived active processes. Δ Complexity of geology. Δ Property needs to be under-explored or poorly explored. Δ Property to cover a large area. Δ Affordability. Δ In Canada. DLTA | TSX-V

Properties: DELTA-1 DELTA RESOURCES LIMITED 9 Corporate Presentation November 2019 Property Location Δ Located 50 km NW of Thunder Bay, straddling the Trans-Canada highway. Δ 245 claims | 4,495 ha | ~45 square km Delta 100% ownership. Δ Acquired October 3 rd , 2019. DLTA | TSX-V

Properties: DELTA-1 DELTA RESOURCES LIMITED 10 Corporate Presentation November 2019 Why we think Delta-1 is HOT! Δ Located in the Shebandowan Greenstone Belt. Δ Covering 17km of the Shebandowan Shear Zone. Δ All the ingredients for a large Gold deposit: δ Intersection of major gold-bearing structural zones, δ Presence of ultramafic intrusions, δ Presence of Temiskaming-Type sediments, Moss Lake: 40Mt @ 1.1 g/t Au Indicated δ Presence of a very large and intense alteration zone, 50Mt @ 1.1 g/t Au Inferred δ Very complex geology and δ Presence of large gold deposits in the area (endowment). DEPOSITS 1) Inco Mine: (1972-98) 9.29MT @ 1.75% Ni, 0.88% Cu, 1.83 g/t PGE 2) Moss Lake: 40MT @ 1.1 g/t Au Indicated 50MT @ 1.1 g/t Au Inferred 3) Coldstream: (1906-67) 103M lb Cu 4) East Coldstream: 763,000 oz Au @ 0.78 g/T 5) Vanguard: 300,000 T @1.5% Cu, 2.5% Zn, 5.0 g/t Au 6) Pistol Lake: 72,000 oz @ 2.62 g/t Au 7) Bandore #4: 96,000 oz Au @ 4.83 g/t Au DLTA | TSX-V 8) Bandore Main: 156,000 oz Au @ 6.86 g/t Au