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Delta Mining and Exploration Prepares for Second Phase of Ground Work

After a winter of transition in which a new CEO was appointed, Delta Mining and Exploration Corp. (OTC: DMXP) is pleased to announce that it is in final discussion with Apex Geoscience Limited ("Apex") regarding a second phase fieldwork program for Delta's Grassrange district exploration targets in Montana. The work will commence once a schedule with Apex is finalized. Dr. Barry Rayment, who resigned as CEO but remains with the company as a Board Member and a Technical Advisor, is overseeing all negotiations and field work that will follow.

This work program follows the successful ground magnetic survey carried out by Apex last summer. At the Homestead Kimberlite, the magnetic survey showed a series of magnetic highs/ anomalies over a length of approximately 350 metres reflecting the hypabyssal kimberlite body or bodies which are partly exposed at surface. At the Three Buttes, the kimberlite(s) appear to be larger than the surface expression based on magnetic anomalies to the south and north-west. The entire array of anomalies at Three Buttes covers a length of approximately 500 meters. At the Rattlesnake Butte intrusion, a linear magnetic high which is continuous for more than 400 metres is believed to represent a linear lamprophyric body. At Teigen Butte intrusive, lamprophyric rocks exist which are defined by the ground magnetic survey. At all of the Homestead, Three Buttes, Teigen Butte, TV Hill, Half Moon and Rattlesnake Butte bodies, carbonate breccias exist, which represent separate phases or intrusions which are non-magnetic.

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 related to lamprophyres. Kimberlites, and to a lesser extent lamprophyres, are known to host the majority of the world's 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.

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.

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