Can anyone tell me if this is this year? LEWISBURG, Ky., Aug. 4 /PRNewswire-FirstCall/ -- Delta Mining and Exploration Corp. (Delta) (Pink Sheets: DMXP) wishes to disclose preliminary findings on their Gold concessions in Bolivia. The Robert concession controlled by Delta is roughly 3830 acres and is located approximately 50 miles by paved highway south of La Paz. The concession is located on the Altiplano alongside the Coniri fault at an elevation of 13,000 feet. The property is about 80% rocky outcrop or shallow soils with the balance of the land being covered by Cretaceous to Tertiary aged sediments. The large percentage of outcrop simplifies exploration and due to easy access and drilling conditions is quite cost effective. The low hills exposed above the Altiplano plain are either Paleozonic sedimentary rocks and/or Miocene dacite rocks. The sedimentary rocks consist of thinly bedded shales (60%) and bedded sandstones (40%) believed to be of the Vila Vila formation. This geology provides a good indication for positive host rocks to gold mineralization in this region. To date, a small number of samples have been collected from the dacite and have returned values of 0.333 g/t of Gold, 2.3% Lead, and 0.667% Zinc. The limited amount of exploration completed set in the context of the promising geology and the presence of successful producing mines in the area suggest that more detailed exploration is warranted. The extensive experience of Dr. Barry Rayment and Stephen Kay in this region of South America in conjunction with their gold exploration and mining history will ensure Delta prepares and completes the appropriate work program while being considerate of the local culture. With injection of capital expected over the coming weeks, a work program will be planned for this property together with the previously disclosed diamond exploration properties in both Montana and Bolivia. Delta Mining and Exploration Corp., http://www.deltamine.com : is a mineral exploration company with an extensive portfolio of diamond and gold properties throughout the state of Montana, and in Bolivia, South America. Delta controls some 7,500 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. 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.
ON BEHALF OF THE BOARD of Delta Mining and Exploration Corp.
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