News
Delta Mining and
Exploration Releases Bulk Sample Post Field Memo Provided by Apex
Geoscience
MISSOULA, MT -- (MARKET WIRE) --
01/15/08 -- In an effort to update its shareholders on the progress
of the bulk sampling program, Delta Mining and Exploration (PINKSHEETS:
DMXC) is pleased to release the post-field memo drafted by Apex
Geoscience Ltd. (www.apexgeoscience.com).
The post-field memo provides specific
information regarding the bulk sampling program conducted on the
Homestead target. The memo describes why Apex deemed it necessary to
further pursue the Homestead property and what may be potentially
uncovered.
Below is an excerpt from the memo.
The full document can be viewed at www.deltamine.com/bulksample.
"The target weight of each subsample
was determined by its inferred diamond potential. The HK phase,
containing a high proportion of unusually large (up to 70 cm)
potentially diamond bearing mantle xenoliths and more coherent
macrocrystic kimberlite has the highest diamond potential. In
contrast, the Breccia phase contains abundant limestone and shale
crustal xenoliths both as large > 1 metre rafts and finer centimetre
scale fragments which downgrades its diamond potential. Due to their
large size and relative proportion within the HK it was determined a
third subsample of mantle xenoliths was warranted."
Currently, the samples taken this
past month are being held at the laboratory's storage facility
awaiting its turn for analysis. The company will issue an update as
soon as it made aware of the results.
About Delta Mining and Exploration
Corp.: http://www.deltamine.com: Delta is a mineral exploration
company with an extensive portfolio of diamond properties in central
Montana, USA. Delta controls some 8,000 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.
Contact:
Brett Rodli
Chief Executive Officer
406-214-4579
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