Delta Resources Director Justin Reid Resigns but Remains Advisor as Delta-1 Project Advances

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2026.01.24 18:07
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Delta Resources announced the resignation of Director Justin Reid, who will focus on his role as CEO of Troilus Mining Corp. Reid will remain an advisor and shareholder, supporting the Delta-1 gold project in Ontario. The company emphasizes this change as a position of strength, maintaining strategic guidance. Analyst ratings for Delta Resources (TSE:DLTA) indicate a Hold with a C$0.24 price target, while Spark's AI Analyst rates it as Neutral due to weak financial performance and ongoing losses. Delta Resources is focused on its Delta-1 gold project, which has shown promising drill results.