SOURCE: Delta Mining and Exploraion

November 24, 2009 09:25 ET

Delta Mining and Exploration Close to Completing Pinksheets Upgrade, Unveils New Corporate Website

NEW YORK, NY--(Marketwire - November 24, 2009) - As Delta Mining and Exploration (PINKSHEETS: DMXC) continues to work on completing its due diligence on the Delcer Buttes Property and finalizing the terms for the land agreement, the company has taken further steps in upgrading its status on

One of the company's main goals as it moves forward is to be transparent in its business operation. The first step was taken two months ago when Delta upgraded its status on from a stop sign to a yield sign (please visit for an explanation of these designations). This was done by filing financials for the previous 9 months and updating all company information.

The second step is to become fully compliant and receive the website's highest designation. This process is currently ongoing and will be completed shortly. It involves the company filing two years of its annual financial statements, along with a legal opinion and a company disclosure form. The financials have been completed and are currently under review.

In these uncertain times, it is management's belief that being open is vital to attracting new investors and keeping the existing aware of everything that the company is doing.

This will also be accomplished by the company's new website which went live last week, The new website features all the company's press releases, financial statements, contact information for the company and transfer agent, a description of Delta's management team, as well as the property that the company currently owns and is in the process of purchasing. The site will be constantly updated as new information is made available.

About Delta Mining and Exploration, Corp: Delta Mining and Exploration Inc. is an emerging exploration company whose main objective is to locate and explore land with mineral and precious metal deposits in the mining rich regions of North America. Delta currently owns mineral rights to land in central Montana and has also signed a Letter of Intent and is in the process of finalizing an agreement for joint venture work in Elko County, Nevada.

NOTE: Safe Harbor for Forward-Looking Statements.

This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "scheduled," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, the ability of the Company to complete the planned bridge financing, market conditions, the general acceptance of the Company's products and technologies, competitive factors, timing, and other risks described in the Company's SEC reports and filings.

Contact Information