SOURCE: Delta Mining and Exploration

Delta Mining and Exploration

February 02, 2010 09:20 ET

Magnetometer Work Complete on the Delcer Buttes Gold/Copper Property

NEW YORK, NY--(Marketwire - February 2, 2010) - Delta Mining & Exploration Corporation (PINKSHEETS: DMXC) ("the Company") is pleased to announce that one part of the extensive geophysical work program has been completed on Delcer Buttes gold/copper property in Elko County.

Gradient Geophysics, Inc. ("Gradient") is working with Delta in conducting high-resolution magnetometer and high-powered induced polarization ("IP") surveys to identify potential copper/gold skarn mineralization and possible sediment hosted mineralization which may lie beneath extensive covered areas.

Thus far the magnetometer portion of the program has been completed and the data is currently being assembled and analyzed. Gradient will provide the Company a detailed interpretive map of the results which will be made available to the public. The IP surveys are yet to be completed due to the snowy conditions on the ground, but once those are finalized an advanced computer model will be used to assist the Company in evaluating the potential size of the mineralization at the property.

Also, last week the company filed paperwork with Pink OTC Markets Inc ("Pinksheets"), the parent company of Pinksheets.com, for status upgrade. After initial review, Pinksheets sent Delta comments which are currently being handled by corporate counsel. This is a common practice by Pinksheets and the Company is doing everything it can to comply with their requirements and expedite the process.

Delta will continue to issue updates regarding Pinksheets and the work program as new information becomes available

About Gradient Geophysics

Gradient has been on the forefront of geophysical data surveying and interpretation for mineral exploration for many years. Responsible for over 600 projects throughout the Americas, Gradient has worked extensively in the mining sector, conducting large-scale geophysical programs for major mining companies such as Rio Tinto, BHP, Newmont and Barrick and for many junior exploration companies. Gradient focuses on high-resolution magnetometer and high-powered IP data collection using robust computer modeling methods for advanced interpretation of mineral deposits.

About Delta Mining and Exploration Corp., http://www.deltamine.com: 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 as well as the rights to 31 claims and 680 acres of land 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.

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