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Oromin News Releases

Oromin Explorations Ltd.
 December 01, 2010
Oromin Announces Further Positive Drilling Results From Ongoing Resource Expansion Program

 New Drill Results include:
  • 10.05 g/t Au over 14 metres at Kerekounda
  • 5.41g/t Au over 19 metres at Golouma West
  • 6.94 g/t Au over 31 metres at Masato
Oromin Explorations Ltd. ("Oromin"), on behalf of Oromin Joint Venture Group Limited ("OJVG"), is pleased to provide a further update to its ongoing 2010 drilling program at the OJVG Gold Project (the "Project") in eastern Sénégal, West Africa. The current drilling is focused on project resource and reserve expansion with particular emphasis on Golouma Style, higher grade gold deposits and initial definition drilling of higher grade gold potential beneath the proposed open pit at the Masato deposit. This program is presently employing six drill rigs.

GOLOUMA STYLE DEPOSITS

As part of OJVG's intention to expand the Golouma Style deposits' higher grade resources amenable to underground mining, one objective of the current drilling campaign is to define areas of resource/reserve expansion potential at depth, below the existing Golouma West, Golouma South, Kerekounda and Kourouloulou deposits. The Golouma Deposits' indicated resources contain 1,218,000 ounces of gold. Their mineable reserves total 7,364,000 tonnes containing 960,000 ounces of gold at the diluted grade of 4.06 g/t Au. (See July 15, September 22, November 18 news releases and November 9 Short Form Prospectus for details).

The new drill results along those previously reported in Oromin's news release, dated November 18, 2010 are listed below and in Appendix A. These drill results further confirm the continuity of mineralization and increasing expansion potential for those higher grade Golouma Style deposits down-dip and below the limits of the resource/reserve block model used for the July 2010 Feasibility Study. At Golouma West for example, nine recently completed drill holes for which assays are pending, (911, 915, 917, 919, 924, 925, 927, 928, 932) have all intersected strong mineralized zones including visible gold below the Feasibility Study reserve blocks at vertical depths between 300 and 500 metres. Assay highlights from drilling include:

4.13 g/t Au over 14 at Kerekounda in DH-896 2.67 g/t Au over 7 m at Golouma West in DH-863*
10.05 g/t Au over 14 at Kerekounda in DH-900 10.14 g/t Au over 5 m at Golouma West in DH-868*
5.41 g/t Au over 19 at Golouma West in DH-901 8.12 g/t Au over 7 m at Golouma West in DH-892*
15.09 g/t Au over 6 m at Golouma South in DH-860* 3.47 g/t Au over 8 m at Kerekounda in DH-883*
7.05 g/t Au over 6 m at Golouma South in DH-862* 8.02 g/t Au over 11 m at Kerekounda in DH-849*
3.19 g/t Au over 6 m at Golouma South in DH-869* 10.19 g/t Au over 3 m at Kerekounda in DH-855*
3.79 g/t Au over 4 m at Golouma South in DH-873* 49.82 g/t Au over 7 m at Kourouloulou in DH-837*
8.26 g/t Au over 11 m at Golouma South in DH-519* 11.18 g/t gold over 7 m at Kourouloulou in DH-853*
4.15 g/t Au over 12 m at Golouma South in DH-848* *Previously reported (see news release dated November 18, 2010).


MASATO DEPOSIT - UNDERGROUND

New drill results from mineralized zones below the proposed open pit at the Masato Deposit continue to extend the zones of higher grade gold mineralization potentially amenable to underground mining. This mineralization will be remodelled for the planned resource and reserve update scheduled in Q1 and Q2 of 2011 respectively.

Key results from Masato expansion drilling include: (see Appendix B for details)

1.94 g/t Au over 16 m in DH-894 2.21 g/t Au over 4 m in DH-888*
6.94 g/t Au over 31 m in DH-895 2.10 g/t Au over 14 m in DH-888*
5.49 g/t Au over 3 m in DH-897 1.74 g/t Au over 14 m in DH-888*
2.44 g/t Au over 41 m in DH-897 1.44 g/t Au over 12 m in DH-890*
2.41 g/t Au over 16 m in DH-899 4.35 g/t Au over 10 m in DH-890*
2.04 g/t Au over 26 m in DH-899 3.29 g/t Au over 14 m in DH-890*
1.94 g/t Au over 12 m in DH-859* 3.78 g/t Au over 9 m in DH-890*
6.12 g/t Au over 15 m in DH-864* 5.31 g/t Au over 3 m in DH-890*
5.13 g/t Au over 3 m in DH-867* 2.21 g/t Au over 10 m in DH-891*
3.18 g/t Au over 5 m in DH-872* 5.14 g/t Au over 5 m in DH-891*
1.36 g/t Au over 14 m in DH-874* 3.16 g/t Au over 7 m in DH-891*
6.78 g/t Au over 2 m in DH-875* 1.98 g/t Au over 11 m in DH-891*
2.17 g/t Au over 6 m in DH-875* 2.99 g/t Au over 3 in DH-893*
2.85 g/t Au over 5 m in DH-875* 2.01 g/t Au over 15 m in DH-893*
3.38 g/t Au over 4 m in DH-876* 2.56 g/t Au over 9 m in DH-270*
3.46 g/t Au over 3 m in DH-877* 3.60 g/t Au over 7 m in DH-277*
4.05 g/t Au over 10 m in DH-878* 2.56 g/t Au over 28 m in DH-279*
2.45 g/t Au over 8 m in DH-879* 5.70 g/t Au over 9 m in DH-335*
4.13 g/t Au over 2 m in DH-881* 3.21 g/t Au over 19 m in DH-439*
3.03 g/t Au over 4 m in DH-882* 6.47 g/t Au over 23 m in RC-201*
4.73 g/t Au over 2 m in DH-884* 2.18 g/t Au over 43 m in RC-208*
4.12 g/t Au over 4 m in DH-884* 7.89 g/t Au over 7 m in RC-384*
2.08 g/t Au over 11 m in DH-884* 3.32 g/t Au over 10 m in RC-408*
2.86 g/t Au over 4 m in DH-885* 8.86 g/t Au over 25 m in DH-312*
2.02 g/t Au over 8 m in DH-885* 5.24 g/t Au over 5 m in DH-736*
6.92 g/t Au over 6 m in RC-295*

*Previously reported (see news release dated November 18, 2010)

In the Feasibility Study completed by SRK Consulting (Canada) Inc. ("SRK") and filed in July 2010, only the near surface, open pittable portion of the indicated resources at Masato was converted to reserves that would be mined and blended with higher grade gold reserves from the Golouma Style deposits prior to CIL treatment. The Masato Deposit's measured and indicated resources contain 1,640,692 ounces of gold. The open pittable mineable reserves total 10,154,000 tonnes containing 460,000 ounces of gold at a diluted grade of 1.41 g/t Au is based on drilling to January 2010. (See September 22, 2010 news release and November 9 Short Form Prospectus for details).

Doug Turnbull, P. Geo., is a qualified person for the purposes of National Instrument 43-101, and has verified the data disclosed in this news release. William Bond, P. Geo., is also a qualified person for the purposes of National Instrument 43-101, and has supervised geologic field procedures. TSL Laboratories in Saskatoon carried out all assaying under industry-standard QA/QC procedures.

To find out more about Oromin Explorations Ltd., visit www.oromin.com.

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 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 public markets, 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.


Appendix A

Golouma Style Deposits Results

 

Deposit

Drill

Hole

Grid

Co-Ordinate

Azimuth/

Dip

From -- To

(m)

Interval

(m)

Gold Grade

(g/t)

KEREKOUNDA

DH-896

 

 

DH-900

 

 

DH-883*

DH-849*

 

DH-855*

54484N/15298E

 

 

54461N/15311E

 

 

54674N/15222E

54484N/15298E

 

54505N/15199E

055/-78

 

 

055/-71

 

 

060/-60

055/-69

 

060/-62

124-125

363-377

incl.363-369

334-348

incl.337-341

incl.339-340

276-284

322-333

incl.327-332

372-375

1

14

6

14

4

1

8

11

5

3

13.75

4.13

8.26

10.05

29.85

67.76

3.47

8.02

13.85

10.19

 

 

 

 

 

 

 

GOLOUMA

WEST

DH-901

 

 

 

 

DH-863*

 

DH-865*

DH-868*

 

DH-889*

DH-892*

53781N/14204E

 

 

 

 

53272N/14845E

 

53095N/14598E

53718N/14303E

 

53745N/14302E

53822N/14185E

144/-64

 

 

 

 

015/-60

 

015/-75

107/-78

 

110/-77

148/-64

195-199

incl.198-199

315-350

incl.324-343

and 324-330

232-239

incl.237-239

337-339

210-215

incl.211-213

203-206

330-337

incl.330-331

4

1

35

19

6

7

2

2

5

2

3

7

1

2.90

6.86

4.03

5.41

7.66

2.67

6.67

4.28

10.14

16.99

3.06

8.12

47.55

 

 

 

 

 

 

 

GOLOUMA SOUTH

DH-857*

DH-860*

 

 

DH-862*

 

 

DH-866*

 

 

DH-869*

 

DH-873*

DH-519*

 

DH-848*

 

53117N/14926E

53139N/14905E

 

 

53144N/14865E

 

 

53095N/14900E

 

 

53119N/14870E

 

53043N/14933E

53175N/14942E

 

53200N/14952E

 

110/-60

110/-60

 

 

110/-60

 

 

110/-60

 

 

110/-60

 

110/-60

110/-60

 

123/-61

 

286-288

286-292

incl.289-290

310-316

352-358

incl.355-357

363-366

276-280

incl.279-280

370-371

320-326

370-371

284-288

262-273

incl.271-272

257-269

incl.261-267

2

6

1

6

6

2

3

4

1

5

6

1

4

11

1

12

6

4.46

15.09

35.99

3.85

7.05

18.29

2.77

2.91

9.14

2.39

3.19

8.09

3.79

8.26

44.86

4.15

7.06

 

 

 

 

 

 

 

KOUROULOULOU

DH-837*

 

 

DH-853*

 

53475N/15309E

 

 

53530N/15384E

030/-65

 

 

035/-70

275-282

incl.280-282

and 281-282

197-204

incl.203-204

7

2

1

7

1

49.82

164.47

287.80

11.18

65.29

 

 

 

 

 

 

 

* Previously reported.

Mineralized intervals are based on 1-metre samples utilizing 1.0 g/t gold cut-off levels with a maximum internal dilution of 2 metres.  The attitude of mineralized intervals varies and reported mineralized intersections may not represent true widths.

 

Appendix  B

Masato Deposit Results below planned open pit

 

Deposit

Drill

Hole

Grid

Co-Ordinate

Azimuth/

Dip

From -- To

(m)

Interval

(m)

Gold Grade

(g/t)

MASATO

DH-894

 

 

 

DH-895

 

 

 

 

 

 

 

DH-897

 

 

 

 

 

 

DH-899

 

 

 

 

 

 

DH-859*

 

DH-864*

 

 

DH-867*

 

 

DH-872*

DH-874*

 

DH-875*

 

 

DH-876*

DH-877*

DH-878*

DH-879*

DH-881*

DH-882*

 

 

DH-884*

 

 

 

 

 

DH-885*

 

 

 

DH-886*

 

 

 

 

 

 

 

 

DH-888*

 

 

 

 

DH-890*

 

 

 

 

 

 

DH-891*

 

 

 

 

 

 

 

DH-893*

 

 

59530N/14422E

 

 

 

59509N/14422E

 

 

 

 

 

 

 

59444N/14490E

 

 

 

 

 

 

59444N/14490E

 

 

 

 

 

 

59812N/14504E

 

59827N/14462E

 

 

59820N/14483E

 

 

59867N/14443E

59679N/14463E

 

59720N/14466E

 

 

59750N/14503E

59712N/14488E

59758N/14482E

59774N/14439E

59767N/14461E

59573N/14469E

 

 

59624N/14446E

 

 

 

 

 

59517N/14451E

 

 

 

59624N/14445E

 

 

 

 

 

 

 

 

59592N/14423E

 

 

 

 

59495N/14451E

 

 

 

 

 

 

59592N/14425E

 

 

 

 

 

 

 

59509N/14422E

115/-80

 

 

 

115/-73

 

 

 

 

 

 

 

115/-68

 

 

 

 

 

 

115/-82

 

 

 

 

 

 

110/-63

 

110/-63

 

 

110/-63

 

 

111/-62

111/-62

 

110/-63

 

 

110/-63

109/-63

110/-63

109/-63

109/-63

115/-62

 

 

115/-68

 

 

 

 

 

115/-68

 

 

 

115/-76

 

 

 

 

 

 

 

 

115/-66

 

 

 

 

115/-65

 

 

 

 

 

 

115/-74

 

 

 

 

 

 

 

115/-65

190-209

incl.204-208

252-268

incl.253-256

110-123

incl.115-119

incl.115-116

163-194

incl.163-167

and 178-194

incl.181-189

incl.182-183

62-65

103-112

incl.109-112

125-166

incl.129-130

and 137-143

incl.139-141

114-120

Incl.118-119

185-201

Incl.185-189

216-242

Incl.222-231

Incl.223-224

204-216

incl.206-208

226-241

incl.230-236

and 235-236

185-188

206-221

229-230

164-169

189-203

incl.189-195

166-168

180-186

215-220

203-207

164-167

193-203

198-206

204-206

100-104

141-144

150-154

143-145

186-190

incl.186-188

224-246

incl.231-242

and 240-242

122-126

162-165

221-229

incl.222-224

143-148

164-179

incl.172-179

and 173-175

197-203

226-227

253-261

326-331

incl.299-300

130-134

167-181

incl.178-181

221-235

incl.233-235

144-156

180-190

incl.181-184

200-214

incl.203-207

235-244

incl.235-238

150-160

incl.150-154

172-192

incl.187-192

209-216

211-213

301-312

incl.304-307

105-108

148-163

incl.151-153

19

4

16

3

13

4

1

31

4

16

8

1

3

9

3

41

1

6

2

6

1

16

4

26

9

1

12

2

15

6

1

3

15

1

5

14

6

2

6

5

4

3

10

8

2

4

3

4

2

4

2

22

11

2

4

3

8

2

5

15

7

2

6

1

8

5

2

4

14

3

14

2

12

10

3

14

4

9

3

10

4

20

5

7

2

11

3

3

15

2

1.06

2.06

1.94

4.18

1.80

3.29

9.12

6.94

9.71

9.95

17.11

49.04

5.49

1.84

3.60

2.44

36.11

4.84

10.50

1.76

6.05

2.41

4.61

2.04

3.64

16.87

1.94

4.86

6.12

11.63

36.68

5.13

2.06

28.26

3.18

1.36

2.06

6.78

2.17

2.85

3.38

3.46

4.05

2.45

4.13

3.03

2.77

2.50

4.73

4.12

7.62

1.34

2.08

5.71

2.86

2.46

2.02

3.79

1.77

6.45

12.61

37.60

1.80

14.76

2.19

2.37

3.56

2.21

2.10

4.05

1.74

3.95

1.44

4.35

8.49

3.29

7.42

3.78

5.31

2.21

3.63

2.56

5.14

3.16

5.08

1.98

3.46

2.99

2.01

3.22

 

 

 

 

 

 

 

*Previously reported.

Mineralized intervals are based on 1-metre samples utilizing 0.5 and 1.0 g/t gold cut-off levels with a maximum internal dilution of 2 metres.  The attitude of mineralized intervals varies and reported mineralized intersections may not represent true widths.

 

 

 

 
 

You can view the Next News item: Wed Dec 15, 2010, Additional Gold Results From Ojvg's Resource Expansion Drilling Program

You can view the Previous News item: Tue Nov 23, 2010, Value Engineering Indicates Net Present Value Additions of $23 Million to $39.7 Million for OJVG Gold Project

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