epresentatives from Apex will visit
the Homestead property this week to begin preparatory work. Then
starting November 1st Apex will spend roughly two weeks
collecting close to 30 tonnes of ground sample from the
Homestead property. Once the samples are collected they will be
driven to a lab in Canada where they will be examined for their
content.
It is in the interest of both
parties to have all field work wrapped up by mid-November and
the results from the samples will be made available to the
public as soon as Delta receives them. Also, the company will be
updating its corporate website by posting pictures from the
property once work begins.
Phase 3 was recommended by Apex
after the second stage of exploration produced positive results.
This is a program of sampling for macro-diamonds utilizing large
samples on the Homestead, Three Buttes, Teigen Butte and
Rattlesnake Butte targets. Homestead was chosen because results
showed that the Homestead body ranks as the highest priority
target. Samples from Homestead contained a number of sub-calcic
garnet grains (G10s) and clinopyroxenes that plot within the
diamond stability field and overlap with that of diamond
inclusions.
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. Delta controls some 7500 acres throughout Montana
located within the Wyoming Craton where much of North America's
diamonds have been found.
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.
