SOURCE: Delta Mining and Exploration

January 15, 2008 09:00 ET

Delta Mining and Exploration Releases Bulk Sample Post Field Memo Provided by Apex Geoscience

MISSOULA, MT--(Marketwire - January 15, 2008) - In an effort to update its shareholders on the progress of the bulk sampling program, Delta Mining and Exploration (PINKSHEETS: DMXC) is pleased to release the post-field memo drafted by Apex Geoscience Ltd. (www.apexgeoscience.com).

The post-field memo provides specific information regarding the bulk sampling program conducted on the Homestead target. The memo describes why Apex deemed it necessary to further pursue the Homestead property and what may be potentially uncovered.

Below is an excerpt from the memo. The full document can be viewed at www.deltamine.com/bulksample.

"The target weight of each subsample was determined by its inferred diamond potential. The HK phase, containing a high proportion of unusually large (up to 70 cm) potentially diamond bearing mantle xenoliths and more coherent macrocrystic kimberlite has the highest diamond potential. In contrast, the Breccia phase contains abundant limestone and shale crustal xenoliths both as large > 1 metre rafts and finer centimetre scale fragments which downgrades its diamond potential. Due to their large size and relative proportion within the HK it was determined a third subsample of mantle xenoliths was warranted."

Currently, the samples taken this past month are being held at the laboratory's storage facility awaiting its turn for analysis. The company will issue an update as soon as it made aware of the results.

About Delta Mining and Exploration Corp.: http://www.deltamine.com: Delta is a mineral exploration company with an extensive portfolio of diamond properties in central Montana, USA. Delta controls some 8,000 acres throughout Montana located within the Wyoming Craton where much of North America's diamonds have been found.

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

  • Contact:
    Brett Rodli
    Chief Executive Officer
    406-214-4579
    Email Contact