News

Delta Mining and Exploration Signs Contract With Apex Geoscience Limited, Second Phase of Ground Work to Begin in August

Thursday July 13, 9:15 am ET

LEWISBURG, KY--(MARKET WIRE)--Jul 13, 2006 -- Delta Mining and Exploration, Corp (Other OTC:DMXC.PK - News) is pleased to announce that it has entered into a formal agreement with Apex Geoscience Limited (Apex) to complete the Phase 2 exploration to be conducted on Delta's Grassrange District properties in Montana. The fieldwork will be carried out in its entirety by Apex. An exact date of this project will be made available shortly; however, the exploration will commence at some point in the month of August. Once an exact date is agreed upon, it will be made known to the public immediately.

This program follows the successful ground magnetic surveys carried out by Apex last summer (see news release dated October 26, 2005). The new program will consist of detailed mapping and collection of samples for diamond indicator mineral analysis and will focus on the Homestead and Three Buttes kimberlite bodies and the Teigen Butte and Rattlesnake Butte targets, believed to be lamprophyres. Kimberlites, and to a lesser extent lamprophyres, are known to host the majority of the world's known diamond deposits.

After completion of the program and the analysis of results, a follow-up field campaign, expected to consist of trenching with collection of large weight samples for micro-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.

The first and second phase exploration programs represent stages in the systematic evaluation of Delta's Grassrange properties. Early fieldwork undertaken by Delta yielded valuable results suggesting good potential for the targets but was reconnaissance in nature.

Based in Edmonton, Alberta, Canada, Apex Geoscience (http://www.apexgeoscience.com) has provided professional geological consulting services for over 25 years. The firm consists of two principals, more than twenty five geologists, together with a full support staff with extensive and in depth experience in diamond exploration.

The company, whose motto is "Exploration Anywhere, Any Time, Any Climate," offers a full range of geological services, including but not limited to: Qualifying Reports to National Policy 43-101 Standards, Due Diligence Reporting, Assessment Reporting, Project Management (Grassroots to Feasibility), Mine Geology -- including Grade Control and Ore Reconciliation, Mapping, GIS Integration and Data Compilation, Mineral Property Evaluations, Ground Geophysical Surveying, Airborne Geophysical Data Interpretation, Geochemical Sampling (all types), Till Sampling, Channel Sampling, Trenching, Collection and Control of Secured Samples, Biogeochemical Sampling, Prospecting, and Laboratory Audits.

Apex Geoscience currently has over 50 clients, mostly in Canada, including De Beers Consolidated Mines.

About Delta Mining and Exploration, Corp: http://www.deltamine.com: Delta is a mineral exploration company with an extensive portfolio of diamond properties in Montana, USA and in Bolivia, South America. Delta controls some 8000 acres throughout Montana located within the Wyoming Craton where much of North America's diamonds have been found. A further 10,000 acres of prospective diamond properties are controlled in Bolivia, South America.

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.

 
Contact:
     Alex Livak
     347-813-4664
     alivak@fortuneir.com
     http://www.deltamine.com

 

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