Delta Mining & Exploration (fka DMXC)

[silver star]

(MARKET WIRE) -- 02/06/08 -- After receiving numerous inquiries regarding the significance of the Apex field memo, posted on Delta's website following sample collection for macro-diamond analysis from Delta's Homestead property, Montana, Delta Mining and Exploration Corp. (PINKSHEETS: DMXC) has now posted a more detailed report from Apex. The full updated field report can be viewed at www.deltamine.com/bulksample.

As with the original memo posted January 15, 2008, the report provides general background information regarding the Homestead property and the samples taken. The updated report, however, also presents a summary discussion of significance of published petrographic and indicator mineral chemistry data with respect to the diamond potential of the Homestead kimberlite. For example, the Apex report indicates that to date two igneous bodies within Delta's 7,554-acre Montana Properties, the Three Buttes and Homestead bodies, have been classified as bona-fide kimberlites. Apex also notes that the results of indicator mineral analysis previously conducted by the United States Geological Survey reveal between 2% to 12% of garnet xenocrysts recovered from Homestead are G10 low-calcium pyropes. Apex states that studies have shown "G10 garnets show a positive correlation with the presence of diamond in South African kimberlites."

Some additional observations made by Apex in this report include their view that "the potential for new kimberlite discoveries in the Grassrange area is considered high" and that based on the results of mini-bulk sampling Apex agrees with previous work which indicates "the Homestead kimberlite represents a world class mantle xenolith locality."

Although Apex's preliminary analysis of the property does not guarantee the presence of diamonds according to CEO Brett Rodli "the initial analysis by Apex is very encouraging and the Company is excited about the future potential."

Currently, the samples taken this past month are being held at the analytical laboratory's storage facility, results will be released as they become available.

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 7,554 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
Email Contact