PRESS RELEASES

Delta Mining and Exploration Announces Second Quarter 2010 Financials

LEWISBURG, KY -- (MARKET WIRE) -- 05/13/10 -- Delta Mining & Exploration (PINKSHEETS: DMXC) ("Delta") today announced financial results for the second fiscal quarter of 2010 ended March 31, 2010 with no revenues during its initial exploration period which was just completed. A comparable chart is available at the bottom of this announcement.

The second quarter got off to a slow start to due extreme weather in the Nevada Mountains, but as the weather changed, Gradient Geophysics completed the magnetometer survey which identified several anomalies -- rocks that contain abundant magnetite, which is characteristically associated with copper-gold in the geologic setting.

The Delcer Buttes anomalies highlight a large trend extending northeast to southwest, including an anomaly approximately 1 kilometer in length towards the west in the northern portion of the property. Gradient will now conduct an Induced Polarization survey which will help identify gold/copper mineralisation which may lie beneath these anomalies.

"Our work crews were able to return to Delcer Buttes in Elko County, Nevada and successfully complete the magnetometer survey; we are now looking forward to the commencement of the Induced Polarization survey. The company is in solid financial condition to complete the initial exploration process and will proceed based on the results over the next few months. We fully expect a busy third quarter and barring any unforeseen delays we should complete the IP Survey in time for the fiscal fourth quarter," according to Alex Livak, President and CEO.

Financial filings along with Delta's disclosure and information statement are available now for public review under Delta's filings section on the Pink OTC Markets Inc, www.pinksheets.com. This continues the ongoing process by Delta to stay transparent and have the highest designation issued by the Pink OTC Markets.

About Pink OTC Markets Inc., http://www.Pinksheets.com: Pink OTC Markets is a leading financial website that among other things disseminates and filters public information for companies listed on the Bulletin Board and Pinksheet exchanges

Delta Mining & Exploration, www.deltamine.com, is an emerging exploration company locating mineral and precious metal deposits in the mining rich regions of North America. The Company currently owns mineral rights to land in central Montana as well as the rights to 31 claims on 680 acres in Elko County, Nevada.

SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS -- The statements which are not historical facts contained in this news release are forward-looking statements that involve certain risks and uncertainties including, but not limited to, risks associated with the uncertainty of future financial results, additional financing requirements, exploration activities, the impact of competitiveness, the effect of economic conditions and other uncertainties.)


DELTA MINING & EXPLORATION CORP. STATEMENT OF INCOME

2nd QUARTER ENDED MARCH 31, 2010

Quarter Ended Quarter Ended

March 31, 2010 December 31, 2010

Revenue $ 0 $ 0

Net Earnings (Loss) ($ 129,716) ($ 38,798)

Net Earnings (Loss) Per Share
Basic and Diluted ($ 0.0001) ($ 0.0002)