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Gold/Mining/Energy : DMXP - Delta Mining & Exploration Corporation

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From: jmhollen	10/19/2004 9:07:29 PM
	of 22

Delta Mining and Exploration Corp. Prepares for Upcoming Work Program at the Homestead Property in Montana LEWISBURG, Ky., Oct. 11 /PRNewswire-FirstCall/ -- Representatives of Delta Mining and Exploration Corp. (Pink Sheets: DMXP) visited the Homestead Kimberlite last week taking a number of samples from the diamondiferous kimberlite. All the samples were taken from the visible kimberlite outcrops behind the Homestead cabin. A number of samples taken contained the xenolithic rock characteristic of kimberlites. The xenolithic rocks showed clear examples of the diamond indicator minerals garnet and pyrope. The other collected samples clearly displayed the green soil and rock of the kimberlitic body. In planning the work program the accessibility of the kimberlite would result in large savings in exploration expenditure. Kimberlites are usually found well beneath the surface, so would normally require removal of large amounts of overburden to gain access to the kimberlitic mineralized zones. A number of the other prospective targets were visited while in the vicinity of the Homestead Kimberlite. Although only briefly examined, they display similar characteristics to those of the diamondiferous Homestead pipe. Furthermore, the landowner is pleased to hear that Delta plans to commence exploration in the near future. As the landowners are heavily entrenched in the local community, they noted the positive effect the work program and any subsequent exploration and mining programs will have on the local economy. It was the first time Tom Charlton, the Montana Representative, had visited the Homestead property and his expectations were more than fulfilled. Mr. Charlton has an extensive background in the mining sector having managed several successful public and private companies but in all his experience he said that he "has not seen a property with as much potential as the Homestead Kimberlite. It is one thing to read all the encouraging reports on the Homestead property, but it is another to actually see the kimberlitic outcrops with xenolithic rocks and the clearly visible garnets and pyropes." About Delta Mining and Exploration, Corp: deltamine.com: Delta is a mineral exploration company with an extensive portfolio of diamond and gold properties in Montana, USA and in Bolivia, South America. Delta controls some 7500 acres throughout Montana located within the Wyoming Craton where many of North America's diamonds have been found. Another 10,000 acres of prospective diamond and gold properties are controlled in Bolivia, South America. ON BEHALF OF THE BOARD of Delta Mining and Exploration Corp. .

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