StockGuru Blog: Delta Mining and Exploration – Montana – Unique Situation
DMXP Stock Guru Profile OTCBB: DMXP Delta Mining and Exploration owns an interest in the Three Buttes kimberlite, which is northeast of Homestead, and it has a stake in the Teigen Butte lamprophyre to the southeast. The Homestead kimberlite pipe has delivered diamonds and what makes the Homestead target unique is it’s believed to be the first diamond ever found in Montana that was created here, rather than dropped in the state by a retreating glacier or other means. Accessibility also makes the property appealing. Normally, it takes years to find underlying kimberlite deposits, let alone diamonds. But on the…