SOURCE: Delta Mining and Exploration Corp.

September 15, 2009 09:00 ET

Delta Mining and Exploration Discusses Delcer Buttes and the Surrounding Areas

NEW YORK, NY--(Marketwire - September 15, 2009) - As Delta Mining and Exploration Corp. (PINKSHEETS: DMXC) continues its legal and technical due diligence of the Delcer Buttes property, it would like to share some geographical and historical facts about the property and the area surrounding it.

There were two major reasons why Delta Mining decided to pursue the Delcer Buttes Property. The first was that the land was relatively unexplored, but did show serious potential. The second was because of the mining activity in the surrounding areas.

As mentioned in the previous announcement, Delcer Buttes is located in Elko County, Nevada approximately 60 miles southwest of Wells in the northern part of the state. The area is extremely heavy with various mining activity. For example, the nearest significant gold mining operation is at nearby Bald Mountain. In 2008, Bald Mountain produced 105,000 ounces of gold and the proven and probable mineral reserves as of December 31, 2008 are estimated at 2.85 million ounces of gold.

The nearest mineral resource is the Maverick Springs property, a joint venture between Silver Standard Resources and Allied Nevada Gold. It is approximately 17 miles southwest of the Delcer Buttes property and contains indicated resources of both silver and gold.

To the west of Delcer Butte is the prolific northwest-southeast oriented Carlin Trend producing close to 3 million ounces of gold per year. If the Carlin Trend was assumed to continue, the property would lie about three miles northeast the Delcer Butte zone. To the southwest, approximately 10 miles is the northern boundary of the Battle Mountain-Eureka Trend, another linear zone of significant gold endowment.

From a historical standpoint, past activities appear to be rather limited on the property. Evidence of past drilling activity is limited to a small pile of core pieces. In the late 1800s, gold and copper samples were discovered on the surface, but the area was never fully explored. It came as a surprise to everyone that more work was not done on this property.

Taking all this into account plus the opportunity to have a real joint venture partner made management realize that this is an opportunity Delta Mining could not afford to pass up.

About Delta Mining and Exploration Corp., http://www.deltamine.com: Delta is a precious metal and mineral exploration company with an extensive portfolio of diamond properties in central Montana, USA. Delta is in the process of finalizing a joint venture agreement for precious metal property in Northern 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