DMXP Stock Guru Profile OTCBB: DMXP
Delta Mining and Exploration is approaching phase three in their goal of mining diamonds in Montana on Delta’s Grassrange District Properties. Diamonds are formed deep within the earth where heat and pressure create the necessary condition for carbon atoms to bond tightly.
The fourteen samples from phase two for diamond indicator mineral analysis indicated an environment that is permissive for the preservation of diamonds. Samples were sent to the Saskatchewan Research Council, Saskatchewan where they were processed and picked for diamond indicator minerals.
Mr. D. Besserer was at the lab while the samples were processed. All the picked grains were sent to R.L. Barnett Geological Ltd., Lambeth, Ontario for micro-probe analysis to determine kimberlite provenance and/or specific mineral chemistry. Link here for report.
In total, 1593 grains were picked as possible diamond indicator minerals (DIM’s). Of the 1593 picked grains (787 silicates; 806 oxides), 60 were determined to be non-kimberlitic.
Apex has recommended a program of sampling for macro-diamonds utilizing large samples (up to 10 tonnes) on the Homestead, Three Buttes, Teigen Butte and Rattlesnake Butte targets. Delta and Apex are now planning the implementation and timing of this follow-up program.
See Diamond Indicator Study Results: http://www.deltamine.com%20and http://www.fortuneir.com/Delta_Mining_Chemistry_Summary.pdf
Contact: Alex Livak
Investor Relations
242 Kings Rd.
Lewisburg, Kentucky 42256
Tel: 347-813-4664
Em: info@deltamine.com
Delta Mining
242 Kings Rd.
Lewisburg, KY 42256
USA
Website: http://www.deltamine.com
Phone: 347-813-4664
Source: Delta Mining and Exploration
About Delta Mining and Exploration, Corp: http://www.deltamine.com: Delta is a mineral exploration company with an extensive portfolio of diamond properties in Montana. Delta controls some 8000 acres throughout Montana located within the Wyoming Craton where much of North America’s diamonds have been found and has completed two phases of exploration work.
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.
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