MONTREAL, March 31, 2006 (PRIMEZONE) -- East Delta Resources Corp. (OTCBB:EDLT) (Frankfurt:EJK) reported today positive results from the recent geochemical and geological survey performed by consultants from the Key Laboratory of Ore Deposit Geochemistry, Chinese Academy of Sciences, at East Delta's Bake property in Guizhou Province, China.
The work consisted of an extensive geochemical survey done over a 10.63 square kilometer area within the 85 square kilometer concession. The Bake gold property is owned by Guizhou Amingo Resources, a Chinese Joint Venture Company, in which EDLT has a 70% interest.
Within the survey area, two large, distinct halos of gold alteration are shown to exist: the first in the eastern portion of the survey area centered on the RuiXin mine; and the second halo in a previously unexplored area in the western portion of the survey area. The existence of the second mineralization halo was not predicted, and has the geologic team excited about potential of the western portions of the survey area. The RuiXin northeast extension was potentially the most significant of the previously identified mineralized zones at Bake, containing several known veins of minable width and grade.
In total, 163 samples were collected and assayed for gold, 13 samples submitted for mineralogical examination, and 96 samples were collected for multi-element chemical analysis. Gold grades at surface vein outcrops range from 0.1 to 26.3 grams per tonne, averaging from 3-5 grams per tonne.
In the central portion of the survey area (designated as Zone 2), geologists discovered fifteen narrow veins in an area with no distinct geochem halo. There are numerous narrow (average 0.2 meters) veins lying in close proximity to each other at surface. Many of these veins show evidence of previous small-scale mining activity. This area has also generated significant interest among the geologists. Drilling in 2006 is expected to determine the extent of the veining and to investigate the theory that there is a common, high-grade gold feeder vein that is the source of the smaller gold-bearing veins.
Dr. Huan Lu, EDLT's chief geologist, commented, "We have been exploring the Bake area for many years with very encouraging results. We have discovered several areas of strong mineralization, and our focus now is on the work needed to prove-up our resources and to define minable reserves. These latest results confirm our initial conclusions that the Bake property holds the potential of hosting multiple producing mines at various locations and becoming a mining district of major proportion."
Exploration work will continue through 2006 in the area. Drill hole locations and configuration will be specified in the 2006 work plan, expected to be released by the Company shortly.
East Delta Resources Corp. is a publicly traded Delaware corporation, headquartered in Montreal, Quebec. EDLT's primary activity is in mine development and production of gold. EDLT also participates in other mineral exploration and mining, specifically, silver, nickel, zinc and lead. The geographic focus of the Company is China. With over US$2.0 million in financing realized, majority interest in several highly-prospective properties, experienced personnel, and an extensive network of contacts in China, the Company is on-track in implementing its business plans and objectives.
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