Delta Exploration Inc.

Delta Exploration Inc.

January 31, 2007 13:30 ET

Delta Exploration Inc.: Falea Uranium Copper Project Drilling Contract Signed, Exploration Program Commencing

KAMLOOPS, BRITISH COLUMBIA--(CCNMatthews - Jan. 31, 2007) - Delta Exploration Inc. (the "Delta") (TSX VENTURE:DEV) is pleased to announce that it has signed a contract with BLY Mali S.A, (BLY), a subsidiary of Boart Longyear Inc., for BLY to provide diamond drilling services on the Falea Uranium-Copper Property ("Falea") located in western Mali, West Africa.

Rockgate Capital Corporation ("Rockgate") has an option to acquire a 60% interest in the Falea Property and will fund the drill program.

Mobilization of the drilling equipment and technical team will begin in mid-February 2007 with drilling to commence immediately thereafter. The Falea exploration permit covers 150 square kilometres of the Falea-North Guinea-Senegal basin (FGS), a Neoproterozoic sedimentary basin marked by significant radiometric anomalies. Delta plans to drill at least 5000 metres of NQ and HQ size core, focusing on a 5 km by 5 km area of the Falea Basin where Cogema discovered uranium and copper mineralization in the late 1970's.

Between 1977 and 1981, Cogema conducted mapping and geochemistry in the Falea area culminating in a program of 81 vertical diamond drill holes totalling approximately 24,000 metres at 800 x 800 metre and 200 x 200 metre spacing, and 5 inclined diamond drill holes totalling 630 metres. In 1981, Cogema dropped the Falea ground due to depressed metal prices.

On behalf of the Board of Directors

Delta Exploration Inc.

James T. Gillis, President & CEO

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