News

Delta Mining and Exploration Corp. Discovers Diamondiferous Kimberlite

LEWISBURG, Ky., April 15 -- Delta Mining and Exploration Corp. (Pink Sheets: DMXC) is pleased to announce progress on their Homestead property in Montana.

Preliminary exploration completed on the property by Delta has outlined a kimberlite diatreme covering a surface area of approximately 1,500 feet x 500 feet. Of the samples taken and tested, one resulted in the discovery of a micro-diamond. According to Dr. Anthony Irving of The University of Washington, an expert in the field of diamond exploration and analysis, "the Homestead Kimberlite is one of the most exciting new finds in North America."

Finding economic diamond deposits is essentially comprised of four sequential stages that can be summarized as follows:

     1.  Discovering kimberlite and/or lamproites host rocks.
     2.  Establishing the presence of diamond indicator minerals (such as
         G9/G10 garnets, chromite and chrome-diopside).
     3.  Sampling for the presence of microdiamonds/diamonds
     4.  Bulk-testing for the presence of economic concentration of diamonds

Delta has already achieved the first 3 of these 4 steps at its Homestead Kimberlite pipe in Montana. This spring Delta will be working on extensive exploration, including bulk testing, to determine the viability of the kimberlite diatreme. It is anticipated bulk testing will begin during April or May and should expect to be completed by the end of the year. Results will be known shortly thereafter. If it is determined that the kimberlite diatreme is indeed economically viable, Delta Mining will be in a position to entertain joint ventures or similar alliances with larger companies within the industry.

About Delta Mining and Exploration, Corp.: http://www.deltamine.com: Delta is a mineral exploration company with an extensive portfolio of diamond and gold properties in Montana, USA and in Bolivia, South America. Delta controls some 7500 acres throughout Montana located within the Wyoming Craton where much of North America's diamonds have been found. Another 10,000 acres of prospective diamond and gold properties are controlled in Bolivia, South America.

NOTE: Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risk and uncertainties, including, without limitation, demand and competition for the company's products and services, the availability to the company of adequate financing to support its anticipated activities, the ability of the company to generate cash flow from operations and the ability of the company to manage its operations.

CONTACT:
Alex Livak
Investor Relations   +1 (917) 731-0215
CO:  Delta Mining and Exploration Corp.
ST:  Kentucky, Washington, Montana
IN:  MNG OTC
SU:  PDT