Delta Mining and Exploration Receives
Results From Apex, Initial Indicators Create Optimism, Further
Analysis Required
NEW YORK, Feb. 7 /PRNewswire-FirstCall/ --
Delta Mining and Exploration Inc., (OTC: DMXC) is pleased to
announce that it has received the results from Apex Geoscience LTD
concerning the Phase Two Exploration of the Grassrange District
Properties in Montana.
This phase of exploration consisted of
detailed mapping and collection of samples for diamond indicator
mineral analysis and focused on the Homestead and Three Buttes
kimberlite bodies and the Teigen Butte and Rattlesnake Butte
targets. Fourteen samples were taken from the properties and
submitted for processing and picking. Initial results look
optimistic; however, it does require closer examination and analysis
by the company's Technical Advisor and Director, Dr. Barry Rayment
before the complete results are discussed. His findings will be
published by the company early next week and will be made available
to the public.
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. Delta
controls some 8000 acres throughout Montana located within the
Wyoming Craton where much of North America's diamonds have been
found and has completed two phases of exploration work.
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.
