Delta Resources Limited announced that it has paid $50,000 to the Ontario Exploration Corporation (the "OEC") to buy back the remaining 50% of a 1% Net Smelter Return ("NSR") Royalty on its Delta-1 property in Thunder Bay, Ontario. On January 7, 2020, Delta announced that it had signed an agreement to purchase 50% of the OECs NSR at Delta-1 by paying the sum of $50,000. The agreement also allowed for Delta to purchase the second 50% tranche at anytime by paying the OEC an additional $50,000.

Following the purchase of the second 50% tranche, Delta has now purchased the entire NSR Royalty currently owned by the OEC on the Delta-1 Property.