Delta Mining and Exploration Corporate Update

LEWISBURG, Ky., April 30, 2007 /PRNewswire-FirstCall via COMTEX/ -- After receiving positive results from Apex GeoScience LTD this past winter, management for Delta Mining and Exploration (OTC: DMXP) has concluded that the best way for the company to move forward and attract outside investment and joint venture capital is to authorize a share restructuring program. Therefore, the Board of Directors has a passed a resolution authorizing a reverse split of the shares of the Company's capital common stock issued and outstanding on a one (1) share for one hundred (100) shares basis.

As part of the process, the company has amended its Certificate of Incorporation with the State of Nevada and has applied for a new ticker symbol and Cussip number. Notification has been received that the new symbol and share structure will be effective on or around May 4, 2007.

Once the new symbol is issued Delta will make an immediate announcement. This is all done electronically and investors currently holding an equity position in the company will see the new symbol on their accounts without having to do anything.

There were many reasons for this reverse. The most obvious is that the company has a bright future and wants to further conduct exploration on the Homestead and other properties. To do so, it needs to either raise money or partner up with groups who would be willing to take on part or all of the cost. The problem that the company ran into was that it became increasingly difficult to move forward with the current share structure.

According to Delta CEO, Brett Rodli, "The decision to initiate the reverse-split of the stock needed to be taken to better position the company for the future. The 'cost' of not reversing the stock could have a greater impact for negotiating future financial and/or partnering agreements. We are anxious to complete the reverse and pursue further exploration of our properties."

So Mr. Rodli, along with the Board of Directors decided that now is the best time to file the necessary paperwork for the reverse and to take advantage of the positive results it has received.

Once the share price is reflected by the reverse and the new share structure is in place, management will once again aggressively pursue financing and/or a joint partnership in order to complete the major bulk sampling that has been recommended.

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, USA and in Bolivia, South America. Delta controls some 7500 acres throughout Montana located within the Wyoming Craton where much of North America's diamonds have been found.