Gold and Oil Exploration
A diversified resource company dedicated to growth through discovery
Hub Controls
  • Upload Photo
  • Edit Company Profile
  • Add a Link
  • Update Fast Facts
  • Add Management Bios
  • Private Messages
  • Edit My Profile
  • View/Edit My Portfolio

Email Updates

AGORACOM News Flash

AGORACOM Launches Portfolio Feature!

We are proud to announce that the much anticipated Portfolio feature is now live.  Track your favorite US and Canadian stocks in one place., as well as, market indices and even your net wealth.

To access your portfolio, click on "My AGORACOM" at the very top of the page, and then click on "Portfolio" in the left hand navigation.

You can also access your portfolio by clicking on the "View/Edit My Portfolio" from within your "HUB Controls" on the left side of the page.

Thank-you for making AGORACOM the best small-cap community on the web.  Look for more great tools and updates to help you.  Post comments and feedback to George's blog.

Regards,
George, Paul and the AGORACOM Team

Oromin Explorations Ltd. > Press Release
Agoraa_profile

NEWS - Oromin Explorations Ltd.: Golouma West Gold Deposit Expanding Further West and Merging With Golouma Northwest Confirmed

Posted by: AGORACOM on July 30, 2007 02:53PM

VANCOUVER, BRITISH COLUMBIA, Jul 30, 2007  -- Oromin Explorations Ltd. (TSX VENTURE: OLE) (OTCBB: OLEPF) -

HIGHLIGHTS

- AT GOLOUMA WEST STEPOUT DRILLING INTERSECTS SIGNIFICANT MINERALIZATION INCLUDING:

- 10 metres of 4.51 g/t gold in RC-115

- 7 metres of 25.19 g/t gold in RC-116

- 15 metres of 5.59 g/t gold in RC-117

AND CONFIRMS MERGING WITH GOLOUMA NORTHWEST WHICH PREVIOUSLY RETURNED:

- 8 metres of 4.58 g/t gold in DH-117

- 11 metres of 6.04 g/t gold in DH-118

- 11 metres of 3.50 g/t gold in DH-119

WHILE TRENCHING 225-METRES FURTHER WEST DISCOVERS 5.98 G/T GOLD OVER 5 METRES

- AT THE SEKOTO DISCOVERY LATEST TRENCHING RESULTS UPGRADE THIS TARGET TO DRILL READY

Oromin Explorations Ltd. ("Oromin") is pleased to provide additional results from the westernmost stepout drilling at the Golouma West Gold Deposit and additional trench results from the Sekoto Discovery.

GOLOUMA WEST GOLD DEPOSIT

The style and orientation of mineralization within this area now confirms the interpretation that the Golouma West Gold Deposit and the previously identified Golouma Northwest target merge into one deposit, developing considerable expansion potential. The new stepout drilling results compare favourably to previously announced reverse circulation (RC-114, 32 metres at 6.43 g/t gold) and core holes (DH-117, 118 and 119) from this portion of the Golouma West Gold Deposit. Additional drilling on Sections further to the west, for which results are pending, has also encountered Golouma West style mineralization. Please refer to the attached schedule for a complete listing of the newly drilled mineralized intersections.

In addition to these new Golouma West stepout drilling results, recent excavator trench TRX-194, located approximately 225 metres further west, has discovered mineralization grading 5.98 g/t gold over 5 metres (including 24.52 g/t gold over 1 metre). As a result, the Golouma West Gold Deposit is now projected in a NW-SE direction for a minimum of approximately 1,200 metres.

SEKOTO TARGET

The Sekoto target, a circular-shaped gold-in-soil geochemical anomaly measuring approximately one kilometre by one kilometre, has been upgraded to drill-ready based on recent geological mapping, structural interpretation and excavator trenching results. The most favourable trench results include previously announced TRX-154 (5.95 g/t gold over 6 metres) and recent results of 3.78 g/t gold over 12 metres in TRX-196 (including two separate one-metre samples of 11.45 g/t gold and 18.96 g/t gold). Drilling is planned for Sekoto in the near future.

Fieldwork was carried out under the supervision of Gerald McArthur, P. Geol., a "qualified person" for the purposes of National Instrument 43-101, who has also verified the data disclosed in this news release. TSL Laboratories in Saskatoon, Saskatchewan carried out all assaying under industry-standard QA/QC procedures.

On behalf of the Board of Directors of OROMIN EXPLORATIONS LTD.

Chet Idziszek, President



SCHEDULE

-------------------------------------------------------------------------
Oromin Explorations Ltd.
Golouma West Gold Deposit
Mineralization Intersections
-------------------------------------------------------------------------
Drill Grid Azimuth/ From - To Interval Gold
Hole Section Co-ordinate Dip (m) (m) (g/t)
-------------------------------------------------------------------------
RC-114(i) 720W 3615N/4340E 015/-60 169-201 32 6.43
incl.193-196 3 24.51
203-208 5 4.30
-------------------------------------------------------------------------
RC-115 720W 3655N/4350E 015/-60 187-197 10 4.51
incl.191-194 3 9.09
-------------------------------------------------------------------------
RC-116 680W 3585N/4373E 015/-60 96-99 3 1.27
122-129 7 25.19
incl.126-128 2 77.12
-------------------------------------------------------------------------
RC-117 680W 3545N/4363E 015/-60 122-124 2 2.94
149-164 15 5.59
incl.152-153 1 20.34
183-188 5 1.27
-------------------------------------------------------------------------
RC-119 680W 3625N/4383E 015/-60 126-135 9 3.00
incl.126-128 2 7.24
-------------------------------------------------------------------------
RC-120 680W 3665N/4393E 015/-60 136-140 4 9.36
incl.136-138 2 15.68
-------------------------------------------------------------------------
DH-117(i) 680W 3795N/4425E 100/-45 39-47 8 4.58
-------------------------------------------------------------------------
DH-118(i) 680W 3795N/4425E 100/-70 51-52 11 6.04
incl. 57-59 2 15.49
-------------------------------------------------------------------------
DH-119(i) 680W 3795N/4425E 100/-85 64-75 11 3.50
incl. 72-73 1 11.49
84-86 2 2.97
-------------------------------------------------------------------------
(i) Previously released July 11, 2007.


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. The attitude of mineralized intervals varies and reported mineralized intersections mmay not represent true widths.

Oromin Explorations Ltd.
David Scott
Investor Relations
(604) 331-8772
or
Toll Free: 1-877-529-8475
(604) 331-8773 (FAX)
Email: dscott@mine-tech.com
Website: www.oromin.com

Post a Reply

Please login to reply to this message.