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DEV Delta Exploration Com Npv

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Share Name Share Symbol Market Type
Delta Exploration Com Npv TSXV:DEV TSX Venture Common Stock
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Delta Exploration Inc.: 2.03% Uranium Over 0.5 Metres Intersected in Phase 1 Program at Bodi Zone, Falea U-Ag-Cu Project, Mali,

10/06/2008 2:30pm

Marketwired Canada


Delta Exploration Inc. ("Delta") (TSX VENTURE:DEV) is pleased to report assay
results from seven holes completed in the Bodi Area. The Bodi Area is located 1
kilometre north of the North Zone along the same Central Structural Corridor
which hosts the North and Central Zones.


Significant assay results are listed below:



              From        To    Width      U308          Ag       Cu
Hole Name       (m)       (m)      (m)       (%)   (g/tonne)      (%)
DF-091      158.50    159.00     0.50      2.03        33.3     1.18
DF-092      155.80    156.30     0.50     0.084                 0.29
DF-095      162.40    162.90     0.50     0.020                 0.32

- Intercept widths are estimated to be 78% of true width.
- Holes DF-090,094,097 and 098 contained no significant values.



The first phase of diamond drilling in the Bodi Area has found the Kania
Sequence lower sandstones to be narrower than those at North or Central Zones.
All drill collar locations were confined to the main road due to steep
topography at Bodi. The potential of more extensive mineralization at Bodi is
interpreted to occur east of the area tested. This interpretation is based on
recent drilling on the North and Central Zones as well as historical Cogema
drilling results. Cogema completed limited drilling approximately 100-200 metres
east of the current program and intersected good radiometric anomalies within 30
metres from surface. Thus, the Company believes that the Bodi area has good
potential to host near-surface mineralization that may be exploitable by open
pit mining. Therefore, more drilling is planned for this year.


Drilling at Falea has focused primarily on the North Zone as thicknesses are
seen to be increasing significantly to the east. Disseminated native silver is
common throughout the zone. As noted in the May 21st and 28th news releases, the
percentage of contained U308 has also increased substantially, relative to other
holes completed in the North Zone. Assays are pending on 28 holes from the North
Zone and another 31 holes from elsewhere around the Falea project. Over 40,000
metres in 149 diamond drill holes have now been completed on the property.


The Falea exploration permit covers 150 square kilometres of the Falea-North
Guinea-Senegal basin, a Neoproterozoic sedimentary basin marked by significant
radiometric anomalies. Delta owns a 40% interest in the Falea U-Ag-Cu project.
Delta owns a 40% interest in the Falea U-Ag-Cu project. Rockgate Capital Corp.
owns a 60% interest and is the project operator.


Mr. Lorne Warner, P. Geo, Director and VP Exploration of Rockgate is the
Qualified Person with respect to this press release under NI 43-101. All core
samples are sawed in half and sent to ALS-Bamako for sample preparation. Pulps
are then shipped to Eco Tech Laboratories in Kamloops BC for ICP-MS analysis and
ALS in Vancouver for XRF analysis for uranium. Rockgate inserts a standard,
blank and requests a duplicate sample in every batch of 20 samples.


On behalf of the Board of Directors

Delta Exploration Inc.

James T. Gillis, President & CEO

This press release may be accessed at Delta Exploration's website:
http://www.deltaexploration.com and at www.sedar.com.


If you wish to be placed on Delta Exploration's e-mail press release list,
please contact us at deltaex@telus.net.


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1 Year Delta Exploration Com Npv Chart

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1 Month Delta Exploration Com Npv Chart