MONTREAL, July 12, 2004 (PRIMEZONE) -- East Delta Resources Corp. (OTCBB:EDLT) today announced that it has assembled an effective and experienced geological team to guide the exploration and development of the company's Chinese mining properties.
In addition to East Delta's own chief geologist, Dr. Huan-Zhang Lu, a Chinese native who worked as a scientist for many years at the Chinese Academy of Sciences, and is now a Canadian citizen and professor of geology at the University of Quebec, the company's team also now consists of the following highly qualified members:
-- Mr. Wenyi Chen, former chief geologist of the Province of
Guizhou (retired), and team leader in China specializing in
sedimentary geology.
-- Professor Ruizhong Hu, Deputy Director of Institute of
Geochemistry, Chinese Academy of Sciences, Guiyang,
specializing in economic geology.
-- Professor Zhonggang Wang, member of the scientific advisory
committee, Institute of Geochemistry, Chinese Academy of
Sciences, Guiyang, specializing in mineral deposit geology.
-- Professor Xueyi Wu, Institute of Geochemistry, Chinese
Academy of Sciences, Guiyang, specializing in structural
geology.
-- Professor Xueqin Zhu, Institute of Geochemistry, Chinese
Academy of Sciences, Guiyang, a geochemist.
-- Mr. Shaoguang Zen, Chief Geologist of No. 118 geological
team.
-- Professor Wang, Genlu, Dept. of Geology, University of
Guizhou Technology.
Victor I.H. Sun, President & CEO of East Delta, noted, "Business success in China is very dependent on having the right contacts, and knowing how the system functions. So there is no doubt in my mind that, in addition to their exceptional scientific skills and technical expertise, our geological team's placement within China's political structure will prove to be extremely beneficial for East Delta."
In February 2004, East Delta, though its wholly owned subsidiary, Amingo Resources Inc., signed a Joint Venture contract with the provincial and county governments of Guizhou Province and Jinping County, respectively, to explore and mine gold within their territories. Under the terms of the agreement, Amingo has acquired rights to develop a 72 square kilometer property named "Bake" in the county. Over the past years, Guizhou provincial government geologists, in conjunction with East Delta's own experts, have accumulated geophysical and geological data at Bake.
"Since much of the preliminary exploratory work on Bake was done by some of our team members," said Dr. Lu, these individuals have intimate knowledge of the geology and geophysics of our property and this will make mining development work quicker, easier and ultimately much more affordable."
Further information on the company is available at its Web site at: www.eastdelta.com.
Safe Harbor
Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements.