Delta Exploration Inc.

Delta Exploration Inc.

November 01, 2007 14:11 ET

Delta to Commence RC Drilling on Manalo Gold Project, Mali

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 1, 2007) - Delta Exploration Inc. ("Delta") (TSX VENTURE:DEV) is pleased to announce that RC (reverse circulation) drilling is set to begin shortly on Delta's 100%-owned Manalo Gold Project in south-western Mali, West Africa. Phase 1 includes 6000 metres of RC drilling and 600 metres of diamond drilling. Detailed soil geochemistry, regolith mapping, and targeted IP (induced polarization) surveys are also planned. An exploration team is on site preparing for the arrival of the drill on November 3rd. Drilling will begin at the Manalo Nord Est Zone, where aircore drilling completed by Delta in 2006, intersected 18.48 g/t Au over 11.0 metres under abandoned artisanal workings.

Soil geochemical and regolith mapping completed last April identified 5 priority targets: Sirabada-Bankole, Dialafara, Manalo Nord Est, Manalo Sud Est, and Mansaya. Targets were ranked based on the presence and type of artisanal activity, regolith, and strength of the gold-in-soils anomaly. Sirabada is the highest priority target where two grab samples of quartz vein material in greywacke collected from artisanal mine dumps assayed 32.76 g/t Au and 3.64 g/t Au. A quartz-rich grab sample from artisanal workings at Dialafara assayed 29.7 g/t Au. Phase 1 drilling will test both of these high-priority targets.

A 2250 line-kilometre airborne electromagnetic (AEM), magnetic, and radiometric survey was completed over the Manalo-Balandougou permits in May 2007, outlining a detailed picture of the geology including folding and faulting, granitic intrusions, and volcano-sedimentary units. Twelve target areas were identified, including 7 on the Manalo permit. Of the 12 targets, 6 are designated as "High Priority", with 5 of those on Manalo.

Phase 2 will expand RC and core drilling and include significant aircore drilling over more weakly defined regional targets. Other planned work includes infill soil geochemical sampling and regolith mapping along strike from the identified target areas. Additional IP surveys are also contemplated.

The Manalo Project comprises the Manalo and Balandougou permits totalling 225 square kilometres, located 100 kilometres southwest of Bamako, the capital city of Mali.

Koninko Gold Project, Mali

At Koninko, planned exploration includes infill soil geochemical sampling and regolith mapping, RC and diamond drilling, and targeted IP surveys in and around identified target areas. Drilling is scheduled for January 2008. Targeting is based on the results of an airborne EM-magnetics-radiometrics survey completed last June and on previously completed soil geochemistry over the project area.

Koninko comprises two permits, Koninko and Winzan, totalling 233 square kilometres, located 250 kilometres south of Bamako. RC drilling completed in 2006 demonstrated the presence of bedrock gold mineralization adjacent to granite - sedimentary contacts. Highlights included 0.90 g/t Au over 18.0 metres hosted in granites along the 4.5 kilometre long Koninko South geochemical trend, and 3.48 g/t Au over 2.0 metres in schistose sedimentary rocks along the 15 kilometre long Koninko North geochemical trend.

Falea Uranium Project, Mali

Exploration continues at Falea under a joint venture with Rockgate Capital Corp (60%). 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. Results for the initial two diamond drill holes confirmed the presence of uranium at Falea (see Delta Exploration News Release, May 16, 2007).

Telwa-Gada Uranium Project, Niger

Delta has enlisted Terraquest Ltd. to fly a high resolution aeromagnetic, gradiometric, radiometric, and XDS/VLF-EM Survey over the Telwa-Gada project area in central Niger. The survey is scheduled to begin in November. Telwa-Gada covers 1941.2 square kilometres of the southern portion of the Tim Mersoi sedimentary basin. The Tim Mersoi basin hosts numerous roll front type, sandstone-hosted uranium deposits. The Republic of Niger, a French-speaking, stable, and democratic country with a modern mining code, is the fourth largest uranium producer in world.

Christopher J. Wild, P.Eng, V.P. Exploration for Delta Exploration Inc., is Delta's Qualified Person.

On behalf of the Board of Directors

Delta Exploration Inc.

James T. Gillis, President & CEO

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