SOURCE: Delta Mining and Exploration

January 10, 2007 12:12 ET

Delta Mining and Exploration Expects Results of Phase Two Exploration Shortly, Report Currently Being Analyzed

LEWISBURG, KY -- (MARKET WIRE) -- January 10, 2007 -- Delta Mining and Exploration (PINKSHEETS: DMXP) is pleased to announce that Apex Geoscience LTD has received the results of Phase Two Exploration of the Grassrange District Properties in Montana and is currently in the process of analyzing them. Once Apex has completed their study, a full report will be issued to Delta who will then make those results available to the public.

Though there have been some delays, Apex has received all the microprobe data from London, Ontario and will have a few weeks to synthesize the data and then report back to Delta. Once this report is made available, a follow-up field campaign, expected to consist of trenching with collection of large weight samples for macro-diamond analysis, will be undertaken. Diamond indicator minerals, G10 pyrope garnets, and a micro-diamond were previously recovered from the Homestead kimberlite by Delta during early reconnaissance sampling of the property.

This phase of exploration consisted of detailed mapping and collection of samples for diamond indicator mineral analysis and focused on the Homestead and Three Buttes kimberlite bodies and the Teigen Butte and Rattlesnake Butte targets. Fourteen samples were taken from the properties and submitted for processing and picking.

About Delta Mining and Exploration, Corp: Delta is a mineral exploration company with an extensive portfolio of diamond properties in Montana. Delta controls some 8000 acres throughout Montana located within the Wyoming Craton where much of North America's diamonds have been found and has completed two phases of exploration work.

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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