Strong midday volume and gain today....something may be up here........... http://quote.barchart.com/quote.asp?sym=DMXP
Delta Mining and Exploration Corp. Is Invited to Attend a Conference With the Bolivian Chamber of Commerce
Tuesday September 7, 10:30 am ET
LEWISBURG, Ky., Sept. 7 /PRNewswire-FirstCall/ -- Delta Mining and Exploration Corp. (PINK SHEETS: DMXP - News) is pleased to announce that it has received an invitation to attend a conference sponsored by the Bolivian Chamber of Commerce. The main speaker is going to be the Bolivian Ambassador to the United States, Jamie Aparicio.
Delta is especially honored to receive this invitation due to the fact that the Bolivian Chamber of Commerce picked the participants themselves. The criteria that Delta had to meet was that of an up and coming U.S. company that was conducting business in a positive and ethical manner in the country of Bolivia. Delta also has roughly 10,000 acres of property in the mountains of the Bolivia, and is in the process of continued exploration.
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Delta Mining and Exploration Corp. Discloses Preliminary Gold Exploration Findings in South America
Wednesday August 4, 10:30 am ET
LEWISBURG, Ky., Aug. 4 /PRNewswire-FirstCall/ -- Delta Mining and Exploration Corp. (Delta) (Pink Sheets: DMXP - News) 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.
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Exploration and Mining Takes Off in North America
Thursday July 29, 10:43 am ET
LEWISBURG, Ky., July 29 /PRNewswire-FirstCall/ -- Delta Mining and Exploration Corp. (Pink Sheets: DMXP - News), continues to be encouraged by the growth in exploration and mining activity in North America and the resultant support for these ventures from within the financial community.
Diamond exploration in North America has experienced a resurgence recently and extraordinary returns on investment have been achieved over the past few years by junior Canadian companies such as Dia-Met Minerals (Ekati Mine with BHP), Aber Resources (Diavik Mine with Rio Tinto) and Winspear Resources (Snap Lake Mine with De Beers). These companies started out as small exploration companies and are now considered industry leaders.
Delta is one of the few US-based diamond exploration companies and offers a unique opportunity to repeat this type of success with its existing large portfolio of quality diamond properties and the exploration potential of the under-explored and highly prospective regions of Montana and Bolivia. This potential was recognized by Platinum Equity Funding, Inc with their recent commitment to invest at least $500,000 for continued exploration.
According to the World Diamond Council, "Rough diamond mining companies produce annually some 114 million carats of rough, worth some $6.8-$7 billion, providing meaningful livelihood to some two million people working in the various stages of mining, processing, distributing and retailing, enabling the annual sale of some 67 million pieces of diamond jewelry worldwide. With new mines coming on stream, others being expanded and some being closed, it is expected that by the year 2005 world production may increase to over 120 million carats worth some $8.9-$9.2 billion."
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'wid ma mind on ma money an' ma money on ma MIND!!!!!!!
Do Da Due!!!
RUFF!!!
Dog