Toronto, Ontario — February 19, 2026 — Leads & Copy — Delta Resources Limited (TSXV: DLTA) (OTC Pink: DTARF) (FSE: 6GO1) has appointed Ron Kopas as Chief Executive Officer, after he served as interim CEO. The Company also announced the promotion of Daniel Boudreau, P.Geo., from Exploration Manager to Vice President of Exploration.
Since assuming interim leadership last summer (August 12th, 2025), Mr. Kopas has successfully optioned the Delta-2 Property for $8.25 million (with a 1% NSR) (February 17th, 2026 press release), allowing the Company to focus on advancing Delta-1 and the Eureka Gold Discovery while strengthening its balance sheet.
Mr. Kopas has been a founder, director and investor in numerous businesses internationally. He has experience growing businesses through team building, adding capital (with investors including Goldman Sachs and Fidelity), strong partners, and robust corporate governance to position companies for further expansion.
Most recently, Mr. Kopas founded KSP Renewables Limited, where he developed a £350 million, 30 MWe, 260,000 tonnes per annum Energy Recovery Centre in Corby, England, and sold this in late 2022 to Covanta Europe (owned by EQT Infrastructure).
Mr. Kopas has private equity and capital markets experience in North America and Europe, particularly in the energy and resource sectors. He was formerly a Corporate Financier at UBS Warburg (London) and KC Capital. Mr. Kopas has a BA from Dalhousie University, Canada and an MBA from INSEAD, France.
As Delta’s largest individual shareholder, Mr. Kopas will continue to serve at a nominal salary of $1 per year.
Delta also announced the promotion of Daniel Boudreau, P.Geo., from Exploration Manager to Vice President of Exploration. Mr. Boudreau has managed Delta’s exploration activities since early 2022, providing technical oversight across multiple drill campaigns. He has over 15 years of experience in mineral exploration and project development and is a registered geologist with Professional Geoscientists Ontario (PGO) and the Ordre des Géologues du Québec (OGQ). Mr. Boudreau is a “Qualified Person” as defined under National Instrument 43-101.
Delta’s technical strength is reinforced by its exploration team and technical committee, including Senior Geologist, Sarah Ferguson, M.Sc., P.Geo., who has over 15 years of experience in mineral exploration, with expertise in regional- and deposit-scale geological mapping, geochemistry, and orogenic gold systems. She holds a B.Sc. (Honours) in Geology from the University of Toronto and an M.Sc. in Geology from Memorial University and has been with the Company since 2023, providing technical oversight.
Dr. Kevin B. Heather (board and technical committee chairman) is an economic geologist with more than 45 years of field experience in North and South America. He was a founding member of Antares Minerals, Regulus Resources, and Aldebaran Resources and directed the exploration programs that led to the discovery of the high-grade Haquira East deposit in southern Peru, which was sold to First Quantum Minerals in December 2010 for C$650 million.
Most relevant to Delta is Dr. Heather’s 15-year career working with the Ontario Geological Survey and the Geological Survey of Canada in the Abitibi, Swayze, Michipicoten, and Mishibishi Lake greenstone belts where he specialized in the regional- and deposit-scale geological-structural controls on gold mineralization.
Dr. Heather holds a BSc. (Honours) degree in Geology from the University of British Columbia (1982), an MSc. in Geology from Queen’s University in (1985), and a PhD. from the University of Keele (England) in 2001. Dr. Heather is currently Chief Geological Officer (CGO) for Regulus and Aldebaran and serves as the Qualified Person (FAUSIMM) at the corporate level, overseeing both companies’ operations. He has been involved in several discoveries and has worked on numerous world-class ore deposits, including the El Indio Au-Ag-Cu Mine (Chile), the Pascua-Lama Au-Ag deposit (Chile-Argentina), the Cerro Vanguardia Au-Ag deposit (Patagonia, Argentina), and the recent discovery of the Altar United deposit in Argentina.
Ron Kopas, Chief Executive Officer of Delta, said that since last summer the team has been advancing and de-risking the Delta-1 Project’s Eureka Deposit through metallurgical work, advancing environmental studies, and infill drilling, while continuing to advance exploration across the broader Delta-1 property.
Kopas said the exploration success achieved at Delta-1, combined with the strength of their technical team, has created strong momentum as they advance into the Company’s next phase of growth. He added that Daniel’s expanded leadership role is well deserved, and that his technical expertise, dedication, and steady execution have been instrumental in advancing both the Delta-1 Project and the Eureka Gold Deposit.
Kopas also stated that it is clear, as we see the progress of their neighbours at Gold X2 and Thunder Gold, that the Shebandowan Greenstone Belt is quickly developing into one of Canada’s next significant mining camps, with Delta Resources strategically well placed at its centre.
Delta Resources is a Canadian mineral exploration and project development company focused on its Delta-1 Project in Ontario, where it has discovered a large, near-surface gold deposit located 50 kilometres west of Thunder Bay, directly adjacent to the Trans-Canada Highway.
The Eureka Gold Deposit extends 2.5 km in strike length, from surface to over 300 metres in depth. Highlights include drill intercepts such as 5.92 g/t Au over 31 metres (including 14.8 g/t Au over 11.9 metres), and 1.79 g/t Au over 128.5 metres. Mineralization has been observed to depths of up to 600 metres and remains open in all directions. The property covers 297 square kilometres and contains multiple corridors of intense alteration and deformation on strike with, and to the south of, the Eureka Gold Zone, many of which remain underexplored.
The property also hosts several high-priority targets that expand gold potential beyond the Eureka Gold Deposit, with exploration continuing to demonstrate strong district-scale upside across multiple targets.
Daniel Boudreau, P.Geo., Vice President of Exploration for Delta Resources Limited and a Qualified Person as defined under National Instrument 43-101, has reviewed and approved the scientific and technical information contained in this news release.
Source: Delta Resources Limited
