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:
December 11, 2008 Trading Symbol: TSX Venture - OLE
OTC/BB - OLEPF
Web Site: www.oromin.com
NEW HIGH GRADE GOLD DISCOVERY AT SABODALA
HIGHLIGHTS
EXCELLENT INITIAL DRILL RESULTS AT KEREKOUNDA WILL QUICKLY
ADVANCE THIS TARGET TO DEPOSIT STATUS
KEREKOUNDA DRILL RESULTS INCLUDE:
o 52.61 g/t gold over 9 metres in DH-360
o 48.68 g/t gold over 4 metres in DH-367
o 25.34 g/t gold over 7 metres in RC-463
o 11.26 g/t gold over 9 metres in RC-480
o 7.15 g/t gold over 10 metres in RC-458
KEREKOUNDA RESULTS WILL NOW BE INCLUDED IN THE RESOURCE UPDATE
ALONG WITH MASATO, GOLOUMA WEST AND GOLOUMA SOUTH GOLD
DEPOSITS
Oromin Explorations Ltd., on behalf of the Oromin Joint Venture Group ("Oromin"), is pleased to
announce initial drilling results from a new high-grade gold discovery at their Sabodala Property in
eastern Senegal.
Results received to-date from both reverse circulation and diamond core drilling at
Kerekounda has delineated a continuous shear-hosted vein system, over a minimum strike extent of 160
metres and to a minimum down-dip extent of approximately 200 metres.
The following table outlines the significant drilling results presently available from Kerekounda:
Drill Hole
Grid
Co-ordinate
Azimuth/
Dip
From - To
(m)
Interval
(m)
Gold
(g/t)
DH-360 54670N/5480E 060/-45 41-50
incl.41-44
44-45
45-50
9
3
1
5
52.61
15.68
407.0
3.89
DH-361 54670N/5480E 060/-65 49-50
58-60
1
2
10.46
3.25
DH-362 54645N/5436E 060/-65 106-112
incl.110-111
6
1
13.18
67.42
DH-363 54655N/5373E 060/-60 171-174 3 2.32
DH-367 54636N/5500E 060/-70 61-65 4 48.68
Mineralized intervals are based on 1-metre composite samples utilizing a 0.5 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.
Oromin management is encouraged by this early-stage drilling success at Kerekounda.
Based on the
present geometry, continuity of the mineralized intersections and the high-grade nature of the results
received to-date, Oromin considers this as an early-stage underground mining opportunity that will
enhance and compliment the previously announced preliminary resources at their Masato, Golouma
West and Golouma South gold deposits.
The Kerekounda discovery is located 1.5 kilometres north of
the Golouma South deposit.
The initial NI 43-101 compliant inferred resource of 25.2 million tonnes grading 1.73 g/t gold for 1.4
million ounces of gold was calculated on Oromin"s three most advanced gold deposits at Masato,
Golouma West and Golouma South utilizing drill results available to May 2008, (see July 24, 2008 news
release and 3-D models at www.oromin.com).
Since that time, Oromin has had four to six drill rigs
drilling continuously until last week"s temporary exploration hiatus for the year-end holiday season.
Drilling since May 2008 has included approximately 400 additional in-fill and step-out drill holes at the
three known deposits as well as follow-up and initial drill testing at several other priority mineralized
target zones, including Niakafiri Southeast and Kerekounda.
Additional results from this drilling are
scheduled for release next week.
Drill Hole
Grid
Co-ordinate
Azimuth/
Dip
From - To
(m)
Interval
(m)
Gold
(g/t)
RC-454 54602N/5464E 060/-55 97-103
108-113
Incl.109-112
6
5
3
2.36
2.86
4.40
RC-455 54571N/5481E 060/-55 96-98 2 6.83
RC-456 54570N/5479E 060/-70 68-73
Incl.68-69
102-104
5
1
2
1.57
4.36
1.83
RC-458 54677N/5409E 060/-60 112-122
Incl.112-116
10
4
7.15
16.65
RC-459 54610N/5392E 060/-60 155-161
Incl.160-161
176-180
Incl.176-177
6
1
4
1
2.49
9.77
1.41
3.29
RC-460 54545N/5444E 060/-65 160-164 4 9.51
RC-461 54571N/5420E 060/-65 38-41
124-125
173-178
Incl.173-175
3
1
5
2
1.53
17.08
5.19
8.66
RC-463 54701N/5457E 060/-70 66-73
Incl.66-67
67-68
68-73
7
1
1
5
25.34
5.14
139.5
6.55
RC-480 54649N/5360E 060/-70 190-199
Incl.190-193
193-194
194-199
203-214
Incl.203-207
9
3
1
5
11
4
11.26
8.70
44.17
6.21
4.50
10.71
Oromin has determined that all results for the 2008 drilling program will be included in the next
Sabodala resource update.
As such, initial results from Kerekounda will now be included in the resource
update, tentatively scheduled for completion in late January 2009.
Furthermore, this resource update
will also include additional results from late 2008 drilling at the Masato, Golouma West and Golouma
South gold deposits, as well as detailed 40-metre grid drilling results from Oromin"s Niakafiri Southeast
target area.
This target returned previous results of 2.29 g/t gold over 8 metres and 2.76 g/t gold over 6
metres in Oromin drill holes SAB-05 and SAB-06, respectively.
Other mineralized zones recently
drilled which may also provide some additional resources include Maki Medina, Korolo and Cloverleaf.
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 QA/QC procedures which meet or exceed industry standards.
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 "projects" 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
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY
FOR THE ADEQUACY AND ACCURACY OF THIS RELEASE
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 Company"s 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.