Delta Uranium Inc.
TSX : DUR

Delta Uranium Inc.

August 11, 2008 08:15 ET

Delta Uranium's New Assaying Protocol Continues to Increase Grades at the Richard Lake Uranium Deposit

TORONTO, ONTARIO--(Marketwire - Aug. 11, 2008) - Delta Uranium Inc. ("Delta" or the "Company") (TSX:DUR) is pleased to announce that revised assay results have now been received for all diamond drill holes on the Richard Lake Uranium Deposit ("Richard Lake") on the company's 100% owned Kenora property in northwest Ontario.

Grades Increasing 20 to 35 Percent over ICP Analyses

New assays using the DNC (delayed neutron counting) assay method show increases of between 20 and 35 percent over the original ICP analyses. Revised assay data for diamond drill holes RL07-001 to 07-005 showing grades increasing between 33 percent and 66 percent over the grades calculated from ICP analyses were previously reported on June 26th, 2008.

This present release includes results from holes RL07-007 to RL08-023, which are summarized in the following table. Holes RL07-006, 07-11 and 07-18 are not included in the table as rejects from the original ICP analyses were not available for these holes. The results therefore have not changed from those reported in the original news releases of April 17th and May 26th, 2008. Holes RL07-008, 07-009, 08-021 and 08-022 are not included as they did not intersect significant mineralization.

Each intersection in the table presents new assay results followed by the previously reported values. In some cases the depth interval has been changed because of errors in the data used in the original release; in other cases the new assays have permitted a wider interval to be calculated using an across-the-zone cutoff of 50 ppm U. In the case of hole RL07-020 the previously reported result was wholly in error.



Table 1: Additional Revised Richard Lake Assays

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RICHARD LAKE ASSAY SUMMARY
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Core U3O8
DRILL HOLE Distance hole From To Length Uranium U3O8 U3O8 lbs/
No. from adit dip (m) (m) (m) (ppm) (ppm) percent ton
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-55
deg-
RL07-007 80 m west rees 13.90 17.00 3.10 103 122 0.012 0.24
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previously reported 13.20 13.90 0.70 140 165 0.017 0.33
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-45
deg-
RL07-010 80 m west rees 12.50 13.85 1.35 116 137 0.014 0.27
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and 59.40 60.25 0.85 227 268 0.027 0.54
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previously reported 59.40 60.25 0.85 169 199 0.020 0.40
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-55
deg-
RL07-012 15 m east rees 46.70 48.25 1.55 375 375 0.044 0.88
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previously reported 46.00 46.70 0.70 277 327 0.033 0.65
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and 68.65 70.70 2.05 738 871 0.087 1.74
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previously reported 67.80 69.50 1.70 479 565 0.057 1.13
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-45
deg-
RL07-013 125 m west rees 20.00 22.40 2.40 130 153 0.015 0.31
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previously reported 20.00 21.00 1.00 144 170 0.017 0.34
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-65
deg-
RL07-014 125 m west rees 16.40 18.40 2.00 87 103 0.010 0.21
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-65
deg-
RL07-015 148 m west rees 9.55 14.00 4.45 127 150 0.015 0.30
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previously reported 9.00 12.00 3.00 145 171 0.017 0.34
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-55
deg-
RL07-019 20 m west rees 85.40 86.50 1.10 314 371 0.037 0.74
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previously reported 85.40 86.50 1.10 258 304 0.030 0.61
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and 92.60 93.40 0.80 452 533 0.053 1.07
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previously reported 92.60 93.40 0.80 378 446 0.045 0.89
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-60
deg-
RL07-020 20 m west rees 221.00 237.00 16.00 114 135 0.013 0.27
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previously reported in
error 165.38 166.78 1.40 980 1156 0.116 2.31
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-70
deg-
RL08-023 2 m west rees 115.00 119.00 4.00 460 543 0.054 1.09
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Wayne Isaacs, CEO of the Company states that, "Our very experienced technical team deserves a great deal of credit for their extensive review of our previous results and their recommendation for the application of what is obviously far more precise methodology. I remain encouraged and excited by the future prospects of the Company as we continue to advance the exploration program in Kenora."

Qualified Person

Technical information in this news release has been prepared and/or reviewed by Colin Bowdidge, Ph.D., P.Geo., V.P. Exploration, a Director of the Company and a Qualified Person as defined in NI43-101. Assays were performed by Activation Laboratories (ActLabs) using the DNC method.

About the Company

Delta Uranium Inc. is actively engaged in the exploration of uranium in the Kenora and Timmins areas of Ontario, Canada. The Company recently completed the acquisition of the Kenora uranium property and holds interest in additional uranium and gold properties in Ontario. Delta commenced trading on the TSX Venture November 12, 2007 and graduated to the TSX May 20, 2008.

The TSX has not reviewed and does not accept responsibility for the adequacy of this news release.

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