Delta Exploration Inc.
TSX VENTURE : DEV

Delta Exploration Inc.

July 09, 2008 13:52 ET

Delta Drills 15.6 g/t Au Over 16.0m at Manalo

KAMLOOPS, BRITISH COLUMBIA--(Marketwire - July 9, 2008) - Delta Exploration Inc. ("Delta") (TSX VENTURE:DEV) is pleased to announce results from recent Reverse Circulation (RC) drilling on its 100%-owned Manalo Gold Project, in southwestern Mali, West Africa. At the Dialafara Prospect, DL-36 intersected 15.60 g/t over 16.0 metres including 42.58 g/t Au over 4.0 metres. DL-32, 500 metres to southeast along strike, intersected 1.61 g/t Au over 16.0 metres. This newly discovered mineralization, hosted in Birimian meta-sedimentary rocks, is coincident with new artisanal workings and is open in all directions. A total of 7,340 metres of drilling was completed in 69 holes across the Manalo Permit.

Dialafara Prospect

Twenty-five RC drill holes totalling 2,694 metres were drilled at Dialafara, in the northwestern quadrant of the Manalo permit, along several interpreted north-northwest trending structures. Two fences of holes 500 metres apart, crossed one such structure in the centre of the Dialafara corridor. The first fence consisting of 5 holes, intersected 1.61 g/t Au over 16.0 metres associated with quartz veining in carbonaceous meta-pelites, in DL-32. The second fence of two holes intersected two mineralized zones in DL-36. The upper zone assayed 2.26 g/t Au over 10.0 metres between 95 - 105 metres downhole. The lower mineralized zone, starting at 119 metres downhole, assayed 15.64 g/t Au over 16.0 metres, including 42.58 g/t Au over 4.0 metres. The upper mineralized zone is also associated with quartz veining hosted in carbonaceous meta-pelite but the lower zone of mineralization is hosted in silicified pyritic meta-psammite. The hole terminated in mineralization.



Table 1 RC Drill Results - Dialafara Prospect
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Hole ID From To Length Au (g/t)
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DL-28 91 93 2 2.16
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DL-30 79 80 1 5.28
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DL-32 54 70 16 1.61
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incl 60 69 9 2.48
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and 64 69 5 3.56
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DL-36 3 4 1 5.15
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and 95 105 10 2.26
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and 119 135 16 15.64
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incl 121 129 8 28.76
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Drilling also focussed along a north-northwest trending structure 1500 metres to the south, near where DL-01 had intersected 9.57 g/t Au over 9.0 metres and DL-02 had hit 29.07 g/t Au over 6.0 metres. The structures hosting that mineralization appear to trend east-northeast. Several holes attempted to link that mineralization to the larger northwest-trending structures but were largely unsuccessful. Two holes tested an area of anomalous soil geochemistry, almost 2 kilometres northeast of the main Dialafara trend but were also unsuccessful.

Diamond drilling attempted to follow up on the DL-32 / DL-36 mineralization but had to be postponed due to access problems caused by seasonal heavy rains. Core drilling will resume after the rains. An Induced Polarization (IP) survey will be completed to assist in additional targeting.

Dialafara Nord Prospect

At Dialafara Nord, located approximately 4 kilometres north of Dialafara, 7 RC holes were completed totalling 768 metres. Drilling targeted quartz veining visible in the laterite exposed intermittently over 2 kilometres of strike, coincident with geochemical and geophysical anomalies. Quartz veining is hosted in carbonaceous meta-pelites. DN-03, DN-05, DN-06, and DN-07 stretch over approximately 450 metres of the identified vein trend, while DN-01 is situated 1.3 kilometres further northwest. More work, including IP and RC drilling, is required to determine the potential of Dialafara Nord.



Table 2 RC Drill Results - Dialafara Nord Prospect
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Hole ID From To Length Au (g/t)
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DN-01 32 33 1 0.55
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DN-03 51 56 5 2.55
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incl 51 53 2 5.62
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DN-05 20 21 1 18.65
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DN-06 12 18 6 0.96
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DN-07 86 87 1 0.53
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Mansaya Prospect

Mansaya is located in the south-central portion of the permit. Seventeen RC holes totalling 1679 metres were divided between north and south zones. To the north, drilling last December intersected low-grade mineralization coincident with a moderate soil geochemical anomaly and IP chargeability. Drill highlights included 1.01 g/t Au over 12 metres in MS-04 and 1.96 g/t Au over 5 metres in MS-03.

Recent drilling targeted the interpreted trend of the mineralization discovered in MS-03 and MS-04. Highlights include 0.80 g/t Au over 27 metres in MS-08 and 1.28 g/t Au over 7 metres in MS-09. To the south, MS-18 intersected 3 distinct zones under a broad zone of surface artisanal workings. Mineralization does not appear to be controlled by the principal foliation.



Table 3 RC Drill Results - Mansaya Prospect
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Hole ID From To Length Au (g/t)
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MS-07 26 34 8 0.52
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and 78 79 1 2.60
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MS-08 59 86 27 0.80
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incl 59 63 4 2.18
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MS-09 59 61 2 1.04
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and 76 82 7 1.28
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and 91 95 4 0.73
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MS-10 75 76 1 2.10
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MS-11 18 20 2 0.89
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MS-15 84 94 10 0.96
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incl 84 90 6 1.36
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MS-18 44 47 3 10.71
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and 62 64 2 1.19
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and 96 108 12 0.90
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incl 96 98 2 3.99
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MS-19 89 90 1 1.56
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MS-21 85 86 1 1.93
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A program of gradient IP and RAB or aircore drilling is planned across the interpreted mineralized trends to the north and south at Mansaya after the wet season.

Sirabada Prospect

Sirabada consists of an intensely clay-altered zone, locally exploited by artisanal mining, in northerly striking, steep-dipping Birimian meta-sediments. RC drilling completed in December intersected extensive quartz veining but no significant gold mineralization. Nine additional RC holes totalling 1,142 metres were completed along a strong north-northwest structure. Again, abundant quartz veining was encountered with associated erratic gold values (see Table 4).



Table 4 RC Drill Results - Sirabada Prospect
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Hole ID From To Length Au (g/t)
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SB-13 2 4 2 2.62
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and 64 74 10 0.27
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and 101 104 3 0.85
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and 127 129 2 1.38
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SB-15 70 72 2 1.72
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SB-16 127 128 1 1.45
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SB-18 84 85 1 1.34
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Data from both phases of drilling, surface mapping, IP surveying, and soil geochemistry will be used to create a geological model that could be used to target additional holes, if warranted.

Manalo SE Prospect

Eleven holes totalling 1,057 metres tested a broad soil geochemical anomaly and two sites of artisanal mining activity. One significant intercept, in MSE-03, is located at the south end of the grid, between the two artisanal sites. A pronounced north-northwest trending quartz structure was tested with 5 holes but returned very low gold values.



Table 5 RC Drill Results - Manalo SE Prospect
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Hole ID From To Length Au (g/t)
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MSE-03 78 83 5 0.73
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Manalo NE Prospect

Drilling along the Manalo NE structure in mid-2006 and late 2007 were successful in defining a continuous north-northwest mineralized structure over approximately 500m. No further drilling was undertaken so far in 2008 but the zone remains open along strike and to depth. Oriented core drilling to better define the lithology and structure is contemplated during the next phase of drilling. Other work, including an IP survey, is planned for later in 2008.

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

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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