Now that will sweeten the morning coffee
Delta Mining and Exploration Receives Magnetic Survey Results for Delcer Buttes Gold/Copper Property
LEWISBURG, KY -- (Marketwire)
05/12/10
Delta Mining & Exploration Corporation (PINKSHEETS: DMXC) ("Delta") is pleased to announce that it has received a preliminary report on the results of a high resolution magnetometer survey (50 line kilometers) carried out on the 680 acre Delcer Buttes Property earlier this year by Gradient Geophysics Inc. ("Gradient"). Information regarding Gradient was provided in Delta's news release dated 1/11/10. The survey was delayed due to unusually heavy snow conditions in Nevada during the past winter.
Prime targets on the property are skarn hosted copper/gold mineralisation and dispersed copper/gold mineralisation contained in altered, Jurassic age, monzonite quartz porphyry intrusive bodies or fractured, Permian age sediments.
Gradient's interpretation of the magnetometer survey outlines a strong NE-SW trending anomaly approximately 1 kilometer in length towards the west in the northern portion of the property. From Delta's previous field mapping it appears that the anomaly encompasses at least a portion of a quartz monzonite porphyry body and is bounded on its southern flank by a line of prospect pits exposing skarn hosted mineralisation. A further, sub-parallel line of prospect pits lies to the south. Previous sampling carried out by Delta during summer 2009 gave values of up to 0.05 ppm gold, 3.2 pm silver and 4.4% copper for samples of skarn collected from old pits and shafts on the property. The full report issued by Gradient is available on Delta's corporate website, www.deltamine.com.
Heavy snow conditions in Nevada also delayed the start of an induced polarization (IP) survey (15 line kilometers) on the property, which is now planned to commence later this month. The survey will be undertaken by Gradient Geophysics Inc. The combined results of the magnetometer and IP surveys will be followed up on the ground by mapping and sampling when the results of the IP survey become available.
