Delta Mining and Exploration Extends Lease Agreement on the 7,325 Acre Ranch Property

Delta Mining and Exploration is pleased to announce it has extended its land lease agreement with the option to purchase mineral rights for the 7,325 acre Ranch property which encompasses the Homestead site for an additional three years. The lease which was set to expire on December 7th will now run through December 2011.

Delta's Chief Executive Officer, Mr. Brett Rodli, stated that "This was another important step forward for Delta as we await results from our 30 tonne bulk sampling program of the Homestead kimberlite. Securing the land for an additional 3 years will allow Delta to continue with future exploration plans regardless of the bulk sample's outcome." read more

Source: Delta Mining and Exploration