Delta Mining and Exploration Inc. (“Delta”)
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.
This past year Delta decided to expand its portfolio of
properties to land that has the potential for precious metal
and mineral deposits. After an extensive search the company
decided on the mining rich state of Nevada, which management
believes has the most diverse land in the wealthiest mining
region in the United States.
After finding a
partner, the company signed a Letter of Intent to acquire
close to 700 acres of land in Elko County, in Northern
Nevada. Technical and legal due diligence was performed and
surface samples were assayed. The results of those samples
showed gold, copper and silver mineralization.
As a result Delta entered into a binding agreement to
purchase the 31 claims and will be conducting a full
exploration project on the Delcer Buttes property.