Delta Gold Corporation (TSX VENTURE:DLT) ("Delta Gold") and Commonwealth Silver
and Gold Mining Inc. ("Commonwealth Silver"), a privately-held company
incorporated under the laws of Canada, announce that, further to their joint
news release issued on April 24, 2014, they have filed an updated preliminary
economic assessment technical report (the "Technical Report") in respect of the
Commonwealth Silver and Gold Project located in Cochise County, Arizona. 


The Technical Report, entitled "National Instrument 43-101 Technical Report -
Preliminary Economic Assessment, Commonwealth Silver and Gold Project, Cochise
County, Arizona, USA" and dated April 30, 2014, with an effective date of
November 30, 2013, was prepared by Hard Rock Consulting, LLC of Lakewood,
Colorado and authored by four 'qualified persons' (as such term is defined in
National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI
43-101")) who are 'independent' of both Delta Gold and Commonwealth Silver for
purposes of NI 43-101. 


A copy of the Technical Report, which was prepared in compliance with NI 43-101,
is available under Delta Gold's SEDAR profile at www.sedar.com and on
Commonwealth Silver's website at www.commonwealthsilver.ca.


About Delta Gold and Commonwealth Silver

For further information on Delta Gold, please visit Delta Gold's website at
www.deltagold.com. For further information on Commonwealth Silver, please visit
Commonwealth Silver's website at www.commonwealthsilver.ca.


CAUTIONARY STATEMENTS

All statements in this news release, other than statements of historical fact
that address events or developments which Delta Gold or Commonwealth Silver
expect to occur, constitute "forward-looking information". These statements
relate to future events or future performance and reflect Commonwealth Silver's
and Delta Gold's current expectations regarding, among other things, the future
growth, results of operations, business prospects and opportunities of such
companies. Forward-looking information reflects Commonwealth Silver's and Delta
Gold's current internal projections, expectations or beliefs and is based on
information currently available to Commonwealth Silver and Delta Gold,
respectively. In some cases forward-looking information can be identified by
terminology such as "may", "will", "should", "expect", "intend", "plan",
"anticipate", "believe", "estimate", "projects", "potential", "scheduled",
"forecast", "budget" or the negative of those terms or other comparable
terminology. Assumptions upon which such forward-looking information is based
include, among others, that the business prospects and opportunities of each of
Delta Gold and Commonwealth Silver will be as anticipated. Many of these
assumptions are based on factors and events that are not within the control of
Delta Gold or Commonwealth Silver, and there is no assurance they will prove to
be correct or accurate. Risk factors that could cause actual results to differ
materially from those predicted herein include, without limitation: the
speculative nature of the mineral exploration and development industry;
volatility in financial markets or general economic conditions; capital
requirements and the need for additional financing; fluctuations in
international currency markets and in the rates of exchange for the currencies
of Canada and the United States; price volatility in the spot and forward
markets for commodities generally and for silver and gold in particular;
discrepancies between actual and estimated production, mineral reserves and
mineral resources, metallurgical recoveries and/or exploration results; changes
in regulations and unpredictable political or economic developments; competition
in the mineral exploration and development industry; loss of key personnel;
changes in project parameters as plans continue to be refined; labour disputes;
and defective title to mineral claims or property, or contests over claims to
mineral properties. 

In addition, there are risks and hazards associated with the business of mineral
exploration, development and mining, including environmental hazards, industrial
accidents, unusual or unexpected formations, pressures, cave-ins and flooding
(and the risk of inadequate insurance or inability to obtain insurance to cover
these risks), as well as the risks disclosed under the heading "Risks and
Uncertainties" in the most recent management discussion and analysis for Delta
Gold available under its SEDAR profile at www.sedar.com. Forward-looking
information is not a guarantee of future performance and actual results and
future events could differ materially from those discussed in any such
forward-looking information. All of the forward-looking information contained in
this news release is qualified by these cautionary statements. Although
Commonwealth Silver and Delta Gold believe that the forward-looking information
contained herein is based on reasonable assumptions, readers cannot be assured
that actual results will be consistent with such statements. Accordingly,
readers are cautioned against placing undue reliance on any of the
forward-looking information contained herein. Each of Delta Gold and
Commonwealth Silver expressly disclaims any intention or obligation to update or
revise any forward-looking information in this news release, whether as a result
of new information, events or otherwise, except in accordance with applicable
securities laws.


FOR FURTHER INFORMATION PLEASE CONTACT: 
For Delta Gold
Marco A. Romero
President & CEO
604.681.2020 ext. 101
info@deltagold.com


For Commonwealth Silver
Michael H. Farrant
President & CEO
416.278.4149
mfarrant@commonwealthsilver.ca

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