Delta Resources Limited announced that it has signed a Letter of Intent (LOI) with Yorkton Ventures Inc. for the sale of its interest in the Bellechasse-Timmins property and associated claims in southeastern Quebec for $1,700,000 subject to a 60 day due diligence period. The agreement is subject to Yorkton completing a legal, technical and environmental due diligence on the Property. If the due diligence is not satisfactory to Yorkton at its sole discretion, they shall have the right to terminate the LOI. Proposed Terms of the Agreement: To acquire a 100% interest in the Property, Yorkton will: Make a $100,000 cash payment within 10 days of signing of a definitive agreement; Make a $250,000 cash payment within 90 days after signing of a definitive agreement; Make a $350,000 cash payment within 180 days after signing of a definitive agreement; Make a $450,000 cash payment within 270 days after signing of a definitive agreement; Make a $550,000 cash payment within 360 days after signing of a definitive agreement. Yorkton will also commit to paying Delta a gold royalty of I% NSR on any and all commercial production of gold. Yorkton may re-purchase 0.5% of the NSR for $1 Million at anytime. The LOI and the transaction are subject to: 1. (i) Satisfactory completion of the due diligence on the Property by the Purchasers; 2. (ii) All required corporate and regulatory approvals having been obtained; and 3. (iii) Execution of the Definitive Agreement.