🕐08.10.09 - 11:07 Uhr
EXPLORATION CONTINUES TO PROVIDE ENCOURAGING RESULTS
OROMIN Suite 2000, Guinness Tower, 1055 West Hastings Street, Vancouver,
B.C.
Canada V6E 2E9
EXPLORATIONS LTD.
Tel: (604) 331-8772 Toll-free (877) 529-8475
Fax: (604) 331-8773 E-mail:
October 7, 2009 Trading Symbol: TSX OLE
OTC/BB - OLEPF
Web Site: www.oromin.com
EXPLORATION CONTINUES TO PROVIDE ENCOURAGING RESULTS
FROM VARIOUS SABODALA PROPERTY DEPOSITS AND PROSPECTS
HIGHLIGHTS
TRENCH RESULTS FROM KOBOKOTO ALPHA INCLUDE:
o 483.7 g/t gold over 6 metres
DRILLING AT THE EPSILON DEPOSIT CONTINUES TO INTERSECT HIGHER
GRADE MINERALIZATION INCLUDING:
o 196.3 g/t gold over 4 metres near surface in DH-522
o 27.8 g/t gold over 3 metres near surface in DH-520
o 58.1 g/t gold over 1 metres in DH-524
SUCCESSFUL DEEP DRILLING AT THE GOLOUMA WEST DEPOSIT INCLUDES:
o 17.54 g/t gold over 10 metres in DH-539
SUCCESSFUL DEEP DRILLING AT THE GOLOUMA SOUTH DEPOSIT INCLUDES:
o 8.26 g/t gold over 11 metres in DH-519
NEW DISCOVERY AT KOTOUNIOKOLLA WITH ROCK SAMPLE RESULTS UP TO
269.4 G/T GOLD
Oromin Explorations Ltd.
(Oromin), on behalf of the Oromin Joint Venture
Group (OJVG), is
pleased to provide an exploration update for the ongoing exploration program
at its Sabodala Gold
Project in eastern Senegal, West Africa.
Oromin is also pleased to report that Ken Kuchling, P.Eng., has been
appointed as Oromins Vice-
President of Engineering.
Mr.
Kuchling is a Professional Mining Engineer
with 28 years experience in
the operations and consulting industries with numerous commodities including
gold, diamonds, potash,
copper and molybdenum.
Mr.
Kuchling has a well-rounded engineering
background, consisting of
direct involvement in pre-feasibility and feasibility studies, international
due diligence reviews, project
permitting, mine geology, geotechnical engineering, tailings engineering,
mine design and equipment
selection.
He holds a Bachelors degree in mining engineering from McGill
University, a Masters
degree in mining engineering from the University of British Columbia and is
a Registered Professional
Engineer in Canada.
Mr.
Kuchling will oversee the optimization work
currently underway as Oromin
continues its development of Sabodala.
Recent exploration activities include in-fill and step-out resource drilling
at the Epsilon deposit, step-out
resource drilling towards delineating underground potential at both Golouma
West and Golouma South
deposits, trenching at Kobokoto, soil geochemical sampling at various target
areas and prospecting at
Maki Medina, and the newest discovery at Kotouniokolla.
EPSILON DEPOSIT
Drilling is continuing at the Epsilon deposit where multiple NE and NW
trending quartz vein systems
have been intersected in trenching and drilling within a surface area of
approximately 400 metres by 400
metres.
Drilling to date has intersected the main Epsilon vein systems over
a minimum strike extent of
180 metres and consistently to depths of 150-200 metres below surface in
multiple zones.
The Epsilon
vein systems remain open along strike and to depth.
Significant results from recent drilling at Epsilon are summarized in the
following table:
Mineralized intervals are based on 1-metre samples utilizing a 1.0 g/t gold
cut-off level with a maximum
internal dilution of 1 metre.
No cutting of gold assays has been employed
for reported intervals.
The
attitude of mineralized intervals varies and reported mineralized
intersections may not represent true
widths.
A complete table of significant Epsilon drill results is attached in
Schedule A.
GOLOUMA WEST AND GOLOUMA SOUTH DEPOSITS
Oromin has recently completed a series of deep drill holes at both the
Golouma West and Golouma
South deposits targeting higher grade mineralization down-dip from
previously defined resources.
These drill holes expand the mineralization beyond the current resource
outlines and enhance the
underground mining potential at both of these gold deposits.
Significant
results available from this
recent deep drilling program are summarized in the following table:
Drill Hole
Grid
Co-ordinate
Azimuth/
Dip
>From To
(m)
Interval
(m)
Gold
(g/t)
DH-520 53553N/5410E 030/-45 48-51
incl.49-50
3
1
27.79
67.64
DH-522 53553N/5410E 030/-60 52-56
incl.55-56
124-129
incl.127-129
4
1
5
2
196.27
763.10
3.92
7.56
DH-524 53553N/5410E 030/-75 161-162
170-171
1
1
58.02
3.14
DH-527 53585N/5350N 030/-45 7-8 1 16.74
DH-529 53585N/5350N 030/-60 3-5 2 2.65
Drill Hole
Location
Grid
Co-ordinate
Azimuth/
Dip
>From To
(m)
Interval
(m)
Gold
(g/t)
DH-516 Golouma South 53116N/5033E 110/-75 207-210
215-218
3
3
4.09
3.53
DH-517 Golouma West 53355N/4658E 015/-70 265-266
275-279
incl.276-277
1
4
1
9.55
6.27
18.59
DH-518 Golouma South 53139N/5051E 110/-67 177-184
191-197
incl.192-193
incl.195-196
7
6
1
1
2.19
3.02
7.89
5.92
DH-519 Golouma South 53163N/4959E 110/-60 262-273
incl.265-272
incl.271-272
11
7
1
8.26
12.24
44.86
Mineralized intervals are based on 1-metre samples utilizing a 1.0 g/t gold
cut-off level with a maximum
internal dilution of 2 metres.
No cutting of gold assays has been employed
for reported intervals.
The
attitude of mineralized intervals varies and reported mineralized
intersections may not represent true
widths.
Additional deep drilling is scheduled towards better defining the
underground mining
potential at both Golouma West and Golouma South.
MASATO DEPOSIT
A number of drill holes completed along the strike length of the near
surface Masato oxide
deposit were drilled to provide detailed Specific Gravity Determination
values and assist
with geological interpretation of the oxide zones previously identified.
This set of in-fill core
holes provided some very encouraging interval widths and grades.
Material
from these drill
holes has been collected under the supervision of Ausenco Minerals Canada
Ltd.
and
submitted for detailed metallurgical test work focusing on the heap leach
amenability for the
Masato oxide resource.
Significant results from these drill holes are
summarized in the
following table:
Drill Hole
Grid
Co-ordinate
Azimuth/
Dip
>From To
(m)
Interval
(m)
Gold
(g/t)
DH-452 60008N/4839E 110/-50 17-25 8 2.75
DH-454 60337N/4898E 100/-55 9-36 27 2.85
DH-457 60339N/4878E 100/-50 23-58 35 1.91
DH-460 60365N/4903E 100/-50 7-18
27-39
incl.35-36
11
12
1
2.60
3.98
36.35
DH-461 60431N/4894E 100/-50 6-38
incl.10-19
41-50
incl.42-43
32
9
9
1
1.13
2.06
2.77
11.18
DH-463 60432N/4980E 240/-50 89-91 2 6.24
DH-465 59810N/4700E 110/-50 51-62 11 2.61
DH-467 59730N/4690E 110/-60 0-3 3 2.66
DH-469 59626N/4617E 110/-50 3-12
incl.7-11
48-51
55-63
9
4
3
8
2.60
4.74
1.59
1.58
Drill Hole
Location
Grid
Co-ordinate
Azimuth/
Dip
>From To
(m)
Interval
(m)
Gold
(g/t)
DH-521 Golouma West 53356N/4658E 015/-75 298-309
incl.305-309
314-318
11
4
4
2.68
4.73
2.13
DH-523 Golouma South 53163N/4959E 110/-67 270-282
incl.275-280
12
5
3.43
5.55
DH-526 Golouma West 53355N/4634E 015/-70 302-305 3 9.94
DH-528 Golouma South 53095N/5008E 110/-60 200-204 4 12.52
DH-539 Golouma West 53299N/4673E 015/-67 311-321
incl.314-319
incl.315-317
326-327
10
5
2
1
17.54
31.46
65.69
38.96
Mineralized intervals are based on 1-metre samples utilizing a 0.5 g/t gold
cut-off level with a maximum
internal dilution of 4 metres.
No cutting of gold assays has been employed
for reported intervals.
The
attitude of mineralized intervals varies and reported mineralized
intersections may not represent true
widths.
REGIONAL EXPLORATION
KOBOKOTO ALPHA PROSPECT
The Kobokoto Alpha prospect is presently defined by a >100 ppb gold-in-soil
geochemical anomaly,
displaying both NW and NE trending structures, over a 150-metre by 600-metre
area.
This target
demonstrates one of the highest grade gold-in-soil anomalies anywhere on the
OJVG Sabodala Property,
with 15 soil samples in excess of 1.0 g/t gold including high values 10.8
g/t, 12.1 g/t and 29.3 g/t gold.
A series of excavator trenches completed over the Kobokoto Alpha anomaly has
verified the two
structural orientations.
Two trenches in particular, TRX-316 and TRX-317,
have both successfully
intersected an undrilled NW-trending mineralized zone as follows:
TRX-316 2.91 g/t gold over 9 metres (including 6.66 g/t gold over 3
metres)
TRX-317 483.7 g/t gold over 6 metres (including 1,419 g/t gold over 2
metres)
Drilling is now under way at the Kobokoto Alpha Prospect.
NEW DISCOVERY KOTOUNIOKOLLA
Recent prospecting has identified a new gold discovery, Kotouniokolla,
located approximately 3.5
kilometres southwest of the Golouma South deposit.
A detailed soil sampling
grid over this area has
outlined a >100 ppb gold-in-soil anomaly measuring 250 metres in a NW-SE
orientation and 450 metres
in a NE-SW orientation.
A total of ten rock samples, collected along an
approximate 150-metre extent
at Kotouniokolla, have returned favourable results including high values of
up to 4.05 g/t gold, 5.42 g/t
gold, 29.51 g/t gold and 269.4 g/t gold.
The range of the results from these
ten samples was 0.16 g/t
gold to 269.4 g/t gold.
Drill Hole
Grid
Co-ordinate
Azimuth/
Dip
>From To
(m)
Interval
(m)
Gold
(g/t)
DH-471 59585N/4615E 110/-45 28-49
incl.38-43
21
5
1.47
2.87
DH-472 59550N/4595E 110/-50 9-12 3 1.59
DH-473 59524N/4550E 110/-50 0-4
20-42
incl.36-38
69-76
4
22
2
7
1.26
5.78
48.54
1.63
DH-474 59700N/4650E 110/-50 32-64
incl.32-34
and 54-57
32
2
3
1.32
4.36
3.10
DH-475 59265N/4553E 110/-55 34-44
incl.36-38
54-57
64-68
10
2
3
4
2.76
5.67
2.61
1.48
DH-478 59184N/4544E 110/-50 10-15
incl.10-11
63-83
incl.72-73
5
1
20
1
2.14
7.32
3.08
31.82
Additional prospecting, trenching and drilling are planned for the next
phase of evaluation at
Kotouniokolla.
Doug Turnbull, P.
Geo., a qualified person for the purposes of National
Instrument 43-101, has
verified the data disclosed in this news release.
William Bond, P.
Geo.,
also a qualified person for the
purposes of National Instrument 43-101, has supervised geologic field
procedures.
TSL Laboratories in
Saskatoon carried out all assaying under industry-standard QA/QC procedures.
Oromin also reports that it has granted incentive stock options entitling
the purchase of up to 75,000
shares of Oromin under its Stock Option Plan, subject to regulatory
approval.
The options are
exercisable at a price of $0.90 per share until October 7, 2014.
To find out more about Oromin Explorations Ltd., visit www.oromin.com.
Please refer to the maps
which set out the Sabodala deposits and zones under investor info/articles
and reports on the website,
and our previous news releases, for additional project information.
On behalf of the Board of Directors of
OROMIN EXPLORATIONS LTD.
Chet Idziszek_________
Chet Idziszek, President
Cautionary Statement
This document contains forward-looking statements within the meaning of
applicable Canadian securities regulations.
All statements other than
statements
of historical fact herein, including, without limitation, statements
regarding exploration plans and our other future plans and objectives, are
forward-looking
statements that involve various risks and uncertainties.
Such
forward-looking statements include, without limitation, estimates of
exploration investment and
the scope of exploration programs.
There can be no assurance that such
statements will prove to be accurate, and future events and actual results
could differ
materially from those anticipated in such statements.
Important factors that
could cause actual results to differ materially from our expectations are
disclosed
in the Companys documents filed from time to time via SEDAR with the
Canadian regulatory agencies to whose policies we are bound.
Forward-looking
statements are based on the estimates and opinions of management on the date
the statements are made, and we do not undertake any obligation to update
forward-looking statements should conditions or our estimates or opinions
change.
Forward-looking statements are subject to risks, uncertainties and
other
factors, including risks associated with mineral exploration, price
volatility in the mineral commodities we seek, and operational and political
risks.
Readers
are advised not to place undue reliance on forward-looking statements.
Schedule A
Epsilon Deposit
Drill Hole
Grid
Co-ordinate
Azimuth/
Dip
>From To
(m)
Interval
(m)
Gold
(g/t)
DH-67 3700N/5415E 150/-45 145-147 2 25.07
DH-68 3661N/5462E 150/-45 109-110 1 162.30
DH-70 3672N/5518E 182/-45 85-87 2 1.91
DH-72 3661N/5462E 182/-45 81-84
incl.
81-82
3
1
98.37
289.00
DH-73 3661N/5462E 182/-60 162-170
incl.
163-166
8
3
17.61
38.36
DH-76 3700N/5415E 180/-45 46-49 3 1.15
DH-456 3528N/5337E 030/-50 104-106
incl.
105-106
2
1
13.09
24.78
DH-503 3578N/5390E 030/-45 17-20
incl.
18-19
24-25
81-83
3
1
1
2
12.72
30.54
5.08
3.12
DH-504 3578N/5390E 030/-50 19-21
33-34
2
1
6.75
15.43
DH-505 3559N/5396E 030/-45 40-44
incl.
41-43
94-97
incl.
94-95
4
2
3
1
81.10
160.96
4.65
12.93
DH-512 3559N/5396E 030/-77 184-187
incl.
185-186
3
1
5.04
13.39
DH-515 3537N/5384E 030/-77 78-82
incl.
80-81
230-231
4
1
1
7.35
22.02
113.90
DH-504 3578N/5390E 030/-50 19-21
33-34
2
1
6.75
15.43
DH-505 3559N/5396E 030/-45 40-44
incl.
41-43
94-97
incl.
94-95
4
2
3
1
81.10
160.96
4.65
12.93
DH-512 3559N/5396E 030/-77 184-187
incl.
185-186
3
1
5.04
13.39
DH-515 3537N/5384E 030/-77 78-82
incl.
80-81
230-231
4
1
1
7.35
22.02
113.90
DH-520 53553N/5410E 030/-45 48-50
incl.49-50
3
1
27.79
67.64
DH-522 53553N/5410E 030/-60 52-56
incl.55-56
124-129
incl.127-129
4
1
5
2
196.27
763.10
4.90
7.56
DH-524 53553N/5410E 030/-75 161-162
170-171
1
1
58.02
3.14
DH-527 53585N/5350E 030/-45 7-8 1 16.74
DH-529 53585N/5350N 030/-60 3-5 2 2.62
RC-170 3568N/5486E 030/-50 76-79
incl.
76-77
3
1
50.39
122.40
RC-173 3578N/5469E 030/-50 69-71
incl.
69-70
2
1
8.08
15.60
RC-174 3560N/5459E 030/-50 89-93
incl.
91-92
4
1
12.50
41.19
Schedule A .
continued
Epsilon Deposit
Drill Hole
Grid
Co-ordinate
Azimuth/
Dip
>From To
(m)
Interval
(m)
Gold
(g/t)
RC-175 3573N/5444E 030/-50 80-83
incl.
81-82
3
1
10.24
28.33
RC-176 3590N/5454E 030/-50 51-56
incl.
54-56
5
2
19.97
49.93
RC-177 3608N/5464E 030/-50 38-41
incl.
38-39
3
1
16.33
30.32
RC-267 3568N/5486E 030/-60 61-64 3 1.50
RC-268 3568N/5486E 30/-68 153-156
159-164
incl.
160-161
167-173
incl.
167-170
3
5
1
6
3
5.00
7.40
29.25
13.08
23.75
RC-578 53553N/5375E 030/-50 56-68
incl.
56-63
incl.
60-61
125-127
12
7
1
2
10.20
17.13
107.00
6.83
RC-579 53501N/5345E 030/-50 192-204
incl.
195-196
and 199-202
incl.
201-202
209-217
incl.
213-217
incl.
215-216
12
1
3
1
8
4
1
23.53
76.75
60.14
128.90
16.54
32.48
114.40
RC-637 1453565N/815383E 030/-50 35-42
36-38
7
2
24.56
83.10
RC-639 1453586N/815370E 030/-50 15-22
incl.
15-16
incl.
18-19
7
1
1
4.13
11.44
13.72