Oromin Explorations Ltd.
2000 – 1055 West Hastings Street, Vancouver, B.C. V6E 2E9
Phone: (604) 331-8772 Fax: (604) 331-8773
September 25, 2008
SECURITIES AND EXCHANGE COMMISSION | VIA EDGAR |
Judiciary Plaza Office Building
450 Fifth Street, N.W.
Washington, D.C. 20549
Dear Sir or Madam:
RE:
Oromin Explorations Ltd. - (File #0-30614)
Form 6-K
On behalf of Oromin Explorations Ltd., a corporation under the laws of British Columbia, Canada, we enclose for filing, one (1) copy of Form 6-K, including exhibits.
If you have any questions, please contact the undersigned at your convenience.
Very truly yours,
OROMIN EXPLORATIONS LTD.
“Chet Idziszek”_________
per:
Chet Idziszek
President
Enclosures
cc:
Miller Thomson, Attn: Mr. Peter McArthur
FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
_____________
REPORT OF FOREIGN ISSUER
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of AUGUST 2008
OROMIN EXPLORATIONS LTD. (File #0-30614)
(Translation of registrant's name into English)
Suite 2000, 1055 West Hastings St., Vancouver, B.C. Canada, V6E 2E9
(Address of principal executive offices)
Attachments:
Ø
Oromin Explorations Ltd. – News Release dated August 6, 2008,
Ø
Oromin Explorations Ltd. – BC FORM 53-901F Material Change.
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F X Form 40-F __________
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes No X
If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):
82-________________
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf of the undersigned, thereunto duly authorized.
OROMIN EXPLORATIONS LTD.
(Registrant)
Date: September 25, 2008
By: “Chet Idziszek”
Chet Idziszek
Its: President
(Title)
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: info@oromin.com |
August 6, 2008 | Trading Symbol: TSX Venture – OLE |
OTC/BB - OLEPF | |
Web Site: www.oromin.com |
OROMIN EXPANDS GOLD MINERALIZATION AT ESTABLISHED DEPOSITS AND UPGRADES MULTIPLE EXPLORATION TARGETS AT SABODALA
Oromin strongly positioned in emerging gold district of Eastern Senegal
Oromin Explorations Ltd. (“Oromin”), on behalf of the Oromin Joint Venture Group (“OJVG”), is pleased to report that recent drilling has expanded mineralization at three established gold deposits and upgraded multiple, highly prospective exploration targets at the OJVG Sabodala Project situated in an emerging gold district of eastern Senegal.
TheMasato,Golouma WestandGolouma Southdeposits host an initial NI 43-101 compliant inferred resource of 25.2 million tonnes grading 1.73 g/t gold, for 1.40 million ounces of contained gold (see July 24/2008 news release and 3-D models at www.oromin.com), based on 85,000 metres of drilling. This estimate does not include subsequent drilling — now in excess o f 140 holes — that has expanded gold mineralization at these three advanced open-pit deposits, which all remain open for further expansion on-trend and at depth. The most recent highlights include:
- 9 metres of 7.77 g/t gold in DH-245 at Golouma South;
- 10 metres of 5.89 g/t gold in DH-247 at Golouma South;
- 19 metres of 3.45 g/t gold in RC-384 at Masato;
- 14 metres of 3.64 g/t gold and 28 metres of 2.56 g/t gold in DH-279 at Masato.
As operator of the OJVG, Oromin is continuing an aggressive core and reverse circulation drilling program at the 230-square-kilometer concession. In addition to many new results from drilling beyond the resource shells depicted in the 3-D models, initial drill-testing of multiple exploration targets has returned favorable results that warrant follow-up drilling to assess their ultimate potential.
“The initial resource estimate for Golouma West, Golouma South and Masato provide an excellent anchor for ongoing programs to establish further resources at the Sabodala Project,” states Chet Idziszek, President. “We look forward to resource updates in Q4 2008 and early 2009, leading to a planned pre-feasibility study that year. Early-stage work on the pre-feasibility study is already under way.” Oromin believes the Sabodala region will become a major West African gold camp, and notes with interest several recent announcements by neighbouring operators. Mineral Deposits Limited (MDL) is constructing an open-pit mine, expected to produce 168,000 ounces of gold starting in 2009, at a concession entirely surrounded by the OJVG ground. Randgold Resources has reported a significant new gold discovery, described by Randgold’s CEO, Mark Bristow as “potentially a multi-million-ounce project,” at its adjacen t Massawa Project south of the OJVG ground. The potential strike lengths and depth potential reported by Randgold (July 31/2008 news release) provide further evidence of the significant potential of this eastern Senegal gold camp.
“We regard our initial NI 43-101 report as simply the starting point for the work we intend to carry out at Sabodala,” states Chet Idziszek. “The recent announcements by other operators further support our view that this region will become a major African gold camp.”
MASATO GOLD DEPOSIT
The Masato Gold Deposit is defined by a strong gold-in-soil geochemical anomaly measuring a minimum of 2,600 metres in length by up to 1,200 metres in width. The northern portion of the Masato geochemical anomaly is currently limited by laterite cover which masks the geochemical results. The Masato Gold Deposit is located 1.2 kilometres due east of Mineral Deposits Ltd’s Sabodala Gold Deposits (total resource estimate of 45.5 million tonnes @ 1.88 g/t gold for 2,745,000 ounces) that is being readied for production in Q1 of 2009 (MDL’s May 2008 Corporate Update et al).
Oromin’s Masato Gold Deposit comprises a series of closely-spaced northeast trending sub-parallel mineralized zones, dips moderately steeply to the west and remains open in both directions and to depth. Resource shells for Oromin’s initial resource calculation at Masato were created based on mineralization identified by core and reverse circulation drilling on 40-metre and locally 20-metre centres over a 1,700 metre strike extent to an average depth of 250 metres.
By far, the greatest majority of recent results are from Masato where drilling now extends to in excess of 2,000 metres with nearly double the number of holes completed beyond the 146 utilized in the initial resource calculation. Many of these new results and current drill holes comprise step-out holes along trend, to depth and locally up-dip where near surface mineralization was not incorporated in the initial resource calculation.
Oromin continues to aggressively drill at Masato with plans to drill its entire minimum 2,600 metre extent prior to the planned resource update.
Some of the most significant new results at Masato include:
Drill Hole | From (m) | Interval (m) | Gold (g/t) |
RC-319 | 53 | 14 | 2.35 |
RC-328 | 103 | 7 | 4.24 |
and | 174 | 18 | 1.96 |
RC-329 | 44 | 7 | 4.60 |
RC-333 | 188 | 27 | 1.93 |
RC-354 | 117 | 34 | 1.28 |
RC-362 | 141 | 18 | 1.59 |
and | 162 | 8 | 14.12 |
incl. | 163 | 1 | 100.5 |
DH-242 | 82 | 22 | 3.81 |
incl. | 88 | 4 | 7.85 |
DH-243 | 168 | 17 | 1.78 |
incl. | 176 | 7 | 3.39 |
DH-270 | 212 | 41 | 1.16 |
DH-279 | 154 | 14 | 3.64 |
and | 175 | 28 | 2.56 |
DH-280 | 131 | 28 | 2.73 |
incl. | 142 | 7 | 5.33 |
GOLOUMA WEST DEPOSIT
The Golouma West Deposit mineralization has now been traced for over 1,500 metres on surface and locally in excess of 300-metre depth and remains open in all directions. Resource shells for Oromin’s initial resource calculation at Golouma West were created based on mineralization identified by core and reverse circulation drilling on 20-metre and 40-metre centres over a 1,000-metre extent to an average depth of 250 to 300 metres.
Although the majority of recent drilling has been focused at Masato, some drilling continues at Golouma West.
Some of the most significant new results at Golouma West include:
Drill Hole | From (m) | Interval (m) | Gold (g/t) |
DH-240 | 385 | 11 | 2.82 |
incl. | 392 | 3 | 6.36 |
DH-255 | 339 | 14 | 2.07 |
incl. | 344 | 4 | 3.64 |
DH-276 | 417 | 4 | 4.59 |
incl. | 418 | 1 | 11.93 |
GOLOUMA SOUTH DEPOSIT
The Golouma South Deposit is centred within a distinct 3-kilometre long, northeast trending, gold-in-soil geochemical anomaly partially drill-tested over a 1,065-metre strike extent, of which resource drilling (20-metre and 40-metre centres) has so far concentrated on only a 450-metre portion. Resource shells for Oromin’s initial resource calculation at Golouma South were created based on mineralization identified over this 450 metre extent to an average depth of 250 metres.
Although the majority of recent drilling has been focused at Masato, some drilling continues at Golouma South.
Some of the most significant new results at Golouma South include:
Drill Hole | From (m) | Interval (m) | Gold (g/t) |
DH-245 | 26 | 9 | 7.77 |
DH-247 | 11 | 10 | 5.89 |
and | 24 | 8 | 2.25 |
DH-248 | 32 | 4 | 3.12 |
EXPLORATION TARGETS
Oromin has begun the drill-testing program at several of the numerous exploration targets beyond the Masato, Golouma West and Golouma South gold deposits. All of these exploration targets were identified by geochemical results from soil sampling and subsequent trench sampling – the same methodology which led to the discoveries at Masato and Golouma. Oromin plans to aggressively evaluate all of these exploration targets further, in addition to the previously drilled Kobokoto, Niakafiri and Maki Medina and other as-yet-undrilled exploration targets identified to date including Korolo, Cloverleaf, Maleko and Kinemba. The following table outlines the most significant new results from these recently drilled zones as well as re-stating certain previous results from Kobokoto, Niakafiri and Maki Medina, for a more complete portrayal of the resource picture emerging.
Grid | |||||
ZONE | Drill Hole | Co-ordinate | From (m) | Interval (m) | Gold (g/t) |
Goumbati | DH-252 | 50560N/0161E | 20-23 | 3 | 2.58 |
Sabodala North | DH-260 | 63000N/4900E | 237-243 | 6 | 2.22 |
Sekoto | RC-363 | 61500N/8070E | 170-187 | 17 | 1.15 |
Sekoto | RC-364 | 61710N/8030E | 53-58 | 5 | 2.09 |
Sekoto | DH-274 | 61760N/8070E | 129-133 | 4 | 1.29 |
Niakafiri | RC-370 | 55000N/3225E | 2-5 | 3 | 1.46 |
Niakafiri | RC-371 | 56000N/3230E | 61-67 | 6 | 1.65 |
Niakafiri* | DH-05 | 5820N/3203E | 87-95 | 8 | 2.29 |
Niakafiri* | DH-06 | 5846N/3150E | 155-161 | 6 | 2.76 |
Maki Medina* | DH-69 | 53310N/1805E | 32-36 | 4 | 1.62 |
Maki Medina* | DH-75 | 53333N/1843E | 0-12 | 12 | 2.69 |
Maki Medina* | DH-77 | 53333N/1814E | 151-156 | 5 | 2.03 |
Maki Medina* | DH-80 | 53286N/1797E | 189-192 | 3 | 1.94 |
Maki Medina* | DH-83 | 53831N/2015E | 88-93 | 5 | 2.04 |
Kobokoto* | DH-108 | 53475N/0370 | 1-3 | 2 | 12.01 |
* These results pre-date the 2008 drilling campaign.
Doug Turnbull, P. Geo., a “qualified person” for the purposes of National Instrument 43-101, has verified the data disclosed in this news release. TSL Laboratories in Saskatoon carried out all assaying under industry-standard QA/QC procedures.
To find out more aboutOromin Explorations Ltd., visitwww.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
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY AND ACCURACY OF THIS RELEASE
Cautionary Statement |
SCHEDULE
Masato Gold Deposit | ||||||
Drill Hole | Section | Grid Co-ordinate | Azimuth/ Dip | From – To (m) | Interval (m) | Gold (g/t) |
DH-242 | 9+70S | 59171N/4513E | 110/-45 | 24-29 incl.26-27 82-104 incl.88-92 and 97-98 and 102-103 119-127 | 5 1 22 4 1 1 8 | 3.36 14.92 3.81 7.85 20.92 11.39 1.05 |
DH-243 | 8+10S | 59366N/4455E | 110/-70 | 130-133 168-185 incl.176-183 | 3 17 7 | 1.99 1.78 3.39 |
DH-258 | 8+10S | 59366N/4455E | 110/-85 | 293-302 incl.293-295 335-338 | 9 2 3 | 1.10 3.46 2.35 |
DH-261 | 9+30S | 59235N/4425E | 110/-75 | 169-174 182-189 200-212 | 5 7 12 | 1.87 1.68 1.05 |
DH-262 | 9+30S | 59235N/4452E | 110/-85 | 157-164 216-222 239-264 incl.244-248 288-296 incl.293-295 | 7 6 25 4 8 2 | 1.00 1.60 1.11 2.30 1.83 3.59 |
DH-270 | 9+70S | 59196N/4442E | 110/-85 | 185-194 incl.189-191 212-253 incl.212-221 258-265 | 9 2 41 9 7 | 2.04 3.26 1.16 2.56 2.20 |
DH-277 | 6+60S | 59523N/4447E | 110/-83 | 204-216 incl.209-216 231-235 272-279 | 12 7 4 7 | 2.26 3.60 1.31 1.34 |
DH-279 | 4+50S | 59716N/4525E | 110/-85 | 154-168 incl.156-164 175-203 incl.184-197 | 14 8 28 13 | 3.64 5.70 2.56 3.64 |
DH-280 | 4+90S | 59690N/4509E | 110/-50 | 119-127 incl.123-124 131-159 incl.131-133 and 142-149 | 8 1 28 2 7 | 1.46 6.48 2.73 11.94 5.33 |
DH-283 | 4+90S | 59690N/4510E | 110/-65 | 128-150 incl.130-135 157-160 164-176 incl.170-174 | 22 5 3 12 4 | 1.43 3.86 1.83 1.48 2.67 |
Masato Gold Deposit …continued | ||||||
Drill Hole | Section | Grid Co-ordinate | Azimuth/ Dip | From – To (m) | Interval (m) | Gold (g/t) |
RC-319 | 6+60S | 59495N/4527E | 110/-50 | 6-22 incl.12-16 28-46 53-67 incl.62-66 | 16 4 18 14 4 | 1.83 3.53 1.08 2.35 4.90 |
RC-320 | 9+70S | 59198N/4435E | 110/-70 | 132-136 184-191 209-229 incl.212-223 incl.216-218 | 4 7 20 11 2 | 1.23 1.22 1.32 2.02 6.55 |
RC-327 | 8+40S | 59278N/4456E | 110/-50 | 65-70 122-124 130-133 | 5 2 3 | 1.63 2.92 1.52 |
RC-328 | 9+30S | 59233N/4457E | 110/-50 | 103-110 incl.106-108 115-121 163-172 174-192 incl.183-188 | 7 2 6 9 18 5 | 4.24 11.78 1.55 1.14 1.96 3.23 |
RC-329 | 9+30S | 59213N/4505E | 110/-65 | 26-29 44-51 incl.50-51 | 3 7 1 | 2.12 4.60 21.06 |
RC-330 | 5+60N | 60643N/4901E | 110/-50 | 45-58 incl.47-49 | 13 2 | 1.17 3.74 |
RC-331 | 4+50S | 59681N/4641E | 110/-50 | 21-28 30-54 incl.50-54 57-76 incl.67-72 | 7 24 4 19 5 | 1.11 1.07 3.08 1.79 2.75 |
RC-332 | 6+60S | 59517N/4451E | 110/-65 | 130-136 incl.132-133 164-170 | 6 1 6 | 1.55 5.83 2.10 |
RC-333 | 6+60S | 59517N/4449E | 110/-75 | 188-215 incl.188-193 and 198-201 250-266 incl.251-255 | 27 5 3 16 4 | 1.93 4.01 4.59 1.40 3.12 |
RC-335 | 9+10S | 59235N/4508E | 110/-55 | 5-12 72-77 111-117 | 7 5 6 | 1.47 2.28 1.63 |
RC-336 | 2+40N | 60340N/4783E | 095/-65 | 121-144 incl.121-128 154-187 incl.165-172 and 182-185 226-232 | 23 7 33 7 3 6 | 1.11 1.67 1.05 2.04 2.67 1.39 |
RC-337 | 2+40S | 59930N/4564E | 110/-55 | 119-125 130-137 176-194 incl.183-188 199-219 incl.211-217 | 6 7 18 5 20 6 | 1.35 1.22 1.33 2.41 1.18 2.18 |
Masato Gold Deposit …continued | ||||||
Drill Hole | Section | Grid Co-ordinate | Azimuth/ Dip | From – To (m) | Interval (m) | Gold (g/t) |
RC-342 | 4+70N | 60569N/4892E | 095/-50 | 41-57 incl.47-55 | 16 8 | 1.23 1.94 |
RC-343 | 0+80S | 60040N/4732E | 110/-50 | 112-117 | 5 | 1.20 |
RC-344 | 0+80S | 60027N/4770E | 110/-50 | 80-84 | 4 | 1.35 |
RC-348 | 4+00N | 60492N/4856E | 095/-50 | 12-20 26-38 incl.27-29 62-70 incl.67-69 | 8 12 2 8 2 | 1.03 1.13 3.08 1.12 2.52 |
RC-349 | 4+00N | 60492N/4856E | 095/-60 | 70-83 incl.73-80 incl.79-80 109-115 | 13 7 1 6 | 1.11 1.61 6.48 3.25 |
RC-350 | 0+40S | 60077N/4746E | 110/-50 | 57-64 | 7 | 1.87 |
RC-351 | 0+40S | 60063N/4783E | 110/-50 | 15-24 incl.15-18 73-82 | 9 3 9 | 2.37 3.81 1.14 |
RC-352 | 0+40S | 60049N/4822E | 110/-50 | 37-47 incl.37-42 | 10 5 | 1.34 2.11 |
RC-353 | 0+40S | 60036N/4859E | 110/-50 | 0-9 | 9 | 1.36 |
RC-354 | 3+00N | 60400N/4820E | 095/-55 | 100-107 117-151 incl.133-138 and 144-150 | 7 34 5 6 | 1.40 1.28 2.20 2.04 |
RC-362 | 3+20S | 59837N/4580E | 110/-50 | 58-64 141-159 incl.143-145 162-170 incl.163-164 | 6 18 2 8 1 | 1.50 1.59 6.10 14.12 100.5 |
RC-369 | 3+20S | 59835N/4580E | 110/-65 | 179-196 incl.180-182 and 190-192 | 17 2 2 | 1.20 2.63 2.66 |
RC-380 | 3+00N | 60408N/4744E | 095/-70 | 145-146 207-213 incl.211-213 | 1 6 2 | 14.54 2.06 4.88 |
RC-381 | 3+40N | 60444N/4759E | 095/-65 | 173-176 194-197 211-223 incl.211-214 249-253 | 3 3 12 3 4 | 1.63 1.81 1.27 2.50 1.85 |
Mineralized intervals are based on 1-metre composite samples utilizing a 0.25 g/t gold cut-off level with a maximum internal dilution of 4 metres. The attitude of mineralized intervals varies and reported mineralized intersections may not represent true widths.
Golouma West Gold Deposit | ||||||
Drill Hole | Section | Grid Co-ordinate | Azimuth/ Dip | From – To (m) | Interval (m) | Gold (g/t) |
DH-240 | 4+90W | 3386N/4506E | 015/-65 | 348-350 385-396 incl.392-395 | 2 11 3 | 2.97 2.82 6.36 |
DH-255 | 4+65W | 3375N/4542E | 015/-60 | 300-307 330-333 339-353 incl.344-348 | 7 3 14 4 | 1.00 1.70 2.07 3.64 |
DH-276 | 6+10W | 3451N/4386E | 015/-65 | 417-421 incl.418-419 | 4 1 | 4.59 11.93 |
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 may not represent true widths.
Golouma South Gold Deposit | ||||||
Drill Hole | Section | Grid Co-ordinate | Azimuth/ Dip | From – To (m) | Interval (m) | Gold (g/t) |
DH-244 | 0-65S | 3051N/5175E | 110/-50 | 5-8 | 3 | 1.21 |
DH-245 | 1+60S | 3121N/5181E | 085/-50 | 26-35 | 9 | 7.77 |
DH-247 | 1+70S | 3030N/5155E | 110/-50 | 11-21 incl.16-17 24-32 incl.26-28 | 10 1 8 2 | 5.89 24.07 2.25 6.18 |
DH-248 | 2+20S | 2904N/5107E | 110/-50 | 32-36 | 4 | 3.12 |
DH-256 | 3+95S | 2869N/4949E | 110/-60 | 66-68 | 2 | 1.72 |
DH-259 | 3+95S | 2841N/5019E | 110/-60 | 75-77 90-93 | 2 3 | 2.42 1.40 |
DH-265 | 2+80S | 3018N/4867E | 110/-65 | 329-334 incl.333-334 | 5 1 | 2.48 8.16 |
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 may not represent true widths.
This is the form of material change report required under Section 85(1) of theSecurities Act and section 151 of theSecurities Rules.
BC FORM 53-901F
(formerly Form 27)
Securities Act
MATERIAL CHANGE REPORT UNDER SECTION 85(1) OF THE ACT
NOTE:
This form is intended as a guideline. A letter or other document may be used if the substantive requirements of this form are complied with.
NOTE:
If this report is filed on a confidential basis, put at the beginning of the report in block capitals “CONFIDENTIAL - SECTION 85”, and in an envelope marked “Confidential - Attention: Supervisor, Financial Reporting”.
Item 1.
Reporting Issuer
Oromin Explorations Ltd.
Suite 2000, 1055 West Hastings Street
Vancouver, B.C.
V6E 2E9
Item 2.
Date of Material Change
August 18, 2008
Item 3.
Press Release
August 6, 2008, Vancouver, B.C.
Item 4.
Summary of Material Change
Progress report on exploration of the Issuer’s Sabodala Property.
Item 5.
Full Description of Material Change
See attached news release.
Item 6.
Reliance on Section 85(2) of the Act
Not applicable
- 2 -
Item 7.
Omitted Information
There are no other proposed material changes in the affairs of the Issuer which have not been disclosed in this form.
Item 8.
Senior Officers
Enquiries may be directed to J.G. Stewart, the Issuer’s Secretary at 604-331-8772
Item 9.
Statement of Senior Officer
The foregoing accurately discloses the material change referred to here.
Dated at Vancouver, B.C. this 18th day of August, 2008.
OROMIN EXPLORATIONS LTD.
By:
“J. G. Stewart”______________
Secretary
(Official Capacity)
J.G. Stewart
(Please print here name of individual
whose signature appears above.)
- 3 -
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: info@oromin.com |
August 6, 2008 | Trading Symbol: TSX Venture – OLE |
OTC/BB - OLEPF | |
Web Site: www.oromin.com |
OROMIN EXPANDS GOLD MINERALIZATION AT ESTABLISHED DEPOSITS AND UPGRADES MULTIPLE EXPLORATION TARGETS AT SABODALA
Oromin strongly positioned in emerging gold district of Eastern Senegal
Oromin Explorations Ltd. (“Oromin”), on behalf of the Oromin Joint Venture Group (“OJVG”), is pleased to report that recent drilling has expanded mineralization at three established gold deposits and upgraded multiple, highly prospective exploration targets at the OJVG Sabodala Project situated in an emerging gold district of eastern Senegal.
TheMasato,Golouma WestandGolouma Southdeposits host an initial NI 43-101 compliant inferred resource of 25.2 million tonnes grading 1.73 g/t gold, for 1.40 million ounces of contained gold (see July 24/2008 news release and 3-D models at www.oromin.com), based on 85,000 metres of drilling. This estimate does not include subsequent drilling — now in excess o f 140 holes — that has expanded gold mineralization at these three advanced open-pit deposits, which all remain open for further expansion on-trend and at depth. The most recent highlights include:
- 9 metres of 7.77 g/t gold in DH-245 at Golouma South;
- 10 metres of 5.89 g/t gold in DH-247 at Golouma South;
- 19 metres of 3.45 g/t gold in RC-384 at Masato;
- 14 metres of 3.64 g/t gold and 28 metres of 2.56 g/t gold in DH-279 at Masato.
As operator of the OJVG, Oromin is continuing an aggressive core and reverse circulation drilling program at the 230-square-kilometer concession. In addition to many new results from drilling beyond the resource shells depicted in the 3-D models, initial drill-testing of multiple exploration targets has returned favorable results that warrant follow-up drilling to assess their ultimate potential.
“The initial resource estimate for Golouma West, Golouma South and Masato provide an excellent anchor for ongoing programs to establish further resources at the Sabodala Project,” states Chet Idziszek, President. “We look forward to resource updates in Q4 2008 and early 2009, leading to a planned pre-feasibility study that year. Early-stage work on the pre-feasibility study is already under way.” Oromin believes the Sabodala region will become a major West African gold camp, and notes with interest several recent announcements by neighbouring operators. Mineral Deposits Limited (MDL) is constructing an open-pit mine, expected to produce 168,000 ounces of gold starting in 2009, at a concession entirely surrounded by the OJVG ground. Randgold Resources has reported a significant new gold discovery, described by Randgold’s CEO, Mark Bristow as “potentially a multi-million-ounce project,” at its adjacen t Massawa Project south of the OJVG ground. The potential strike lengths and depth potential reported by Randgold (July 31/2008 news release) provide further evidence of the significant potential of this eastern Senegal gold camp.
- 4 -
“We regard our initial NI 43-101 report as simply the starting point for the work we intend to carry out at Sabodala,” states Chet Idziszek. “The recent announcements by other operators further support our view that this region will become a major African gold camp.”
MASATO GOLD DEPOSIT
The Masato Gold Deposit is defined by a strong gold-in-soil geochemical anomaly measuring a minimum of 2,600 metres in length by up to 1,200 metres in width. The northern portion of the Masato geochemical anomaly is currently limited by laterite cover which masks the geochemical results. The Masato Gold Deposit is located 1.2 kilometres due east of Mineral Deposits Ltd’s Sabodala Gold Deposits (total resource estimate of 45.5 million tonnes @ 1.88 g/t gold for 2,745,000 ounces) that is being readied for production in Q1 of 2009 (MDL’s May 2008 Corporate Update et al).
Oromin’s Masato Gold Deposit comprises a series of closely-spaced northeast trending sub-parallel mineralized zones, dips moderately steeply to the west and remains open in both directions and to depth. Resource shells for Oromin’s initial resource calculation at Masato were created based on mineralization identified by core and reverse circulation drilling on 40-metre and locally 20-metre centres over a 1,700 metre strike extent to an average depth of 250 metres.
By far, the greatest majority of recent results are from Masato where drilling now extends to in excess of 2,000 metres with nearly double the number of holes completed beyond the 146 utilized in the initial resource calculation. Many of these new results and current drill holes comprise step-out holes along trend, to depth and locally up-dip where near surface mineralization was not incorporated in the initial resource calculation.
Oromin continues to aggressively drill at Masato with plans to drill its entire minimum 2,600 metre extent prior to the planned resource update.
Some of the most significant new results at Masato include:
Drill Hole | From (m) | Interval (m) | Gold (g/t) |
RC-319 | 53 | 14 | 2.35 |
RC-328 | 103 | 7 | 4.24 |
and | 174 | 18 | 1.96 |
RC-329 | 44 | 7 | 4.60 |
RC-333 | 188 | 27 | 1.93 |
RC-354 | 117 | 34 | 1.28 |
RC-362 | 141 | 18 | 1.59 |
and | 162 | 8 | 14.12 |
incl. | 163 | 1 | 100.5 |
DH-242 | 82 | 22 | 3.81 |
incl. | 88 | 4 | 7.85 |
DH-243 | 168 | 17 | 1.78 |
incl. | 176 | 7 | 3.39 |
DH-270 | 212 | 41 | 1.16 |
DH-279 | 154 | 14 | 3.64 |
and | 175 | 28 | 2.56 |
DH-280 | 131 | 28 | 2.73 |
incl. | 142 | 7 | 5.33 |
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GOLOUMA WEST DEPOSIT
The Golouma West Deposit mineralization has now been traced for over 1,500 metres on surface and locally in excess of 300-metre depth and remains open in all directions. Resource shells for Oromin’s initial resource calculation at Golouma West were created based on mineralization identified by core and reverse circulation drilling on 20-metre and 40-metre centres over a 1,000-metre extent to an average depth of 250 to 300 metres.
Although the majority of recent drilling has been focused at Masato, some drilling continues at Golouma West.
Some of the most significant new results at Golouma West include:
Drill Hole | From (m) | Interval (m) | Gold (g/t) |
DH-240 | 385 | 11 | 2.82 |
incl. | 392 | 3 | 6.36 |
DH-255 | 339 | 14 | 2.07 |
incl. | 344 | 4 | 3.64 |
DH-276 | 417 | 4 | 4.59 |
incl. | 418 | 1 | 11.93 |
GOLOUMA SOUTH DEPOSIT
The Golouma South Deposit is centred within a distinct 3-kilometre long, northeast trending, gold-in-soil geochemical anomaly partially drill-tested over a 1,065-metre strike extent, of which resource drilling (20-metre and 40-metre centres) has so far concentrated on only a 450-metre portion. Resource shells for Oromin’s initial resource calculation at Golouma South were created based on mineralization identified over this 450 metre extent to an average depth of 250 metres.
Although the majority of recent drilling has been focused at Masato, some drilling continues at Golouma South.
Some of the most significant new results at Golouma South include:
Drill Hole | From (m) | Interval (m) | Gold (g/t) |
DH-245 | 26 | 9 | 7.77 |
DH-247 | 11 | 10 | 5.89 |
and | 24 | 8 | 2.25 |
DH-248 | 32 | 4 | 3.12 |
EXPLORATION TARGETS
Oromin has begun the drill-testing program at several of the numerous exploration targets beyond the Masato, Golouma West and Golouma South gold deposits. All of these exploration targets were identified by geochemical results from soil sampling and subsequent trench sampling – the same methodology which led to the discoveries at Masato and Golouma. Oromin plans to aggressively evaluate all of these exploration targets further, in addition to the previously drilled Kobokoto, Niakafiri and Maki Medina and other as-yet-undrilled exploration targets identified to date including Korolo, Cloverleaf, Maleko and Kinemba. The following table outlines the most significant new results from these recently drilled zones as well as re-stating certain previous results from Kobokoto, Niakafiri and Maki Medina, for a more complete portrayal of the resource picture emerging.
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Grid | |||||
ZONE | Drill Hole | Co-ordinate | From (m) | Interval (m) | Gold (g/t) |
Goumbati | DH-252 | 50560N/0161E | 20-23 | 3 | 2.58 |
Sabodala North | DH-260 | 63000N/4900E | 237-243 | 6 | 2.22 |
Sekoto | RC-363 | 61500N/8070E | 170-187 | 17 | 1.15 |
Sekoto | RC-364 | 61710N/8030E | 53-58 | 5 | 2.09 |
Sekoto | DH-274 | 61760N/8070E | 129-133 | 4 | 1.29 |
Niakafiri | RC-370 | 55000N/3225E | 2-5 | 3 | 1.46 |
Niakafiri | RC-371 | 56000N/3230E | 61-67 | 6 | 1.65 |
Niakafiri* | DH-05 | 5820N/3203E | 87-95 | 8 | 2.29 |
Niakafiri* | DH-06 | 5846N/3150E | 155-161 | 6 | 2.76 |
Maki Medina* | DH-69 | 53310N/1805E | 32-36 | 4 | 1.62 |
Maki Medina* | DH-75 | 53333N/1843E | 0-12 | 12 | 2.69 |
Maki Medina* | DH-77 | 53333N/1814E | 151-156 | 5 | 2.03 |
Maki Medina* | DH-80 | 53286N/1797E | 189-192 | 3 | 1.94 |
Maki Medina* | DH-83 | 53831N/2015E | 88-93 | 5 | 2.04 |
Kobokoto* | DH-108 | 53475N/0370 | 1-3 | 2 | 12.01 |
* These results pre-date the 2008 drilling campaign.
Doug Turnbull, P. Geo., a “qualified person” for the purposes of National Instrument 43-101, has verified the data disclosed in this news release. TSL Laboratories in Saskatoon carried out all assaying under industry-standard QA/QC procedures.
To find out more aboutOromin Explorations Ltd., visitwww.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
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY AND ACCURACY OF THIS RELEASE
Cautionary Statement |
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SCHEDULE
Masato Gold Deposit | ||||||
Drill Hole | Section | Grid Co-ordinate | Azimuth/ Dip | From – To (m) | Interval (m) | Gold (g/t) |
DH-242 | 9+70S | 59171N/4513E | 110/-45 | 24-29 incl.26-27 82-104 incl.88-92 and 97-98 and 102-103 119-127 | 5 1 22 4 1 1 8 | 3.36 14.92 3.81 7.85 20.92 11.39 1.05 |
DH-243 | 8+10S | 59366N/4455E | 110/-70 | 130-133 168-185 incl.176-183 | 3 17 7 | 1.99 1.78 3.39 |
DH-258 | 8+10S | 59366N/4455E | 110/-85 | 293-302 incl.293-295 335-338 | 9 2 3 | 1.10 3.46 2.35 |
DH-261 | 9+30S | 59235N/4425E | 110/-75 | 169-174 182-189 200-212 | 5 7 12 | 1.87 1.68 1.05 |
DH-262 | 9+30S | 59235N/4452E | 110/-85 | 157-164 216-222 239-264 incl.244-248 288-296 incl.293-295 | 7 6 25 4 8 2 | 1.00 1.60 1.11 2.30 1.83 3.59 |
DH-270 | 9+70S | 59196N/4442E | 110/-85 | 185-194 incl.189-191 212-253 incl.212-221 258-265 | 9 2 41 9 7 | 2.04 3.26 1.16 2.56 2.20 |
DH-277 | 6+60S | 59523N/4447E | 110/-83 | 204-216 incl.209-216 231-235 272-279 | 12 7 4 7 | 2.26 3.60 1.31 1.34 |
DH-279 | 4+50S | 59716N/4525E | 110/-85 | 154-168 incl.156-164 175-203 incl.184-197 | 14 8 28 13 | 3.64 5.70 2.56 3.64 |
DH-280 | 4+90S | 59690N/4509E | 110/-50 | 119-127 incl.123-124 131-159 incl.131-133 and 142-149 | 8 1 28 2 7 | 1.46 6.48 2.73 11.94 5.33 |
DH-283 | 4+90S | 59690N/4510E | 110/-65 | 128-150 incl.130-135 157-160 164-176 incl.170-174 | 22 5 3 12 4 | 1.43 3.86 1.83 1.48 2.67 |
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Masato Gold Deposit …continued | ||||||
Drill Hole | Section | Grid Co-ordinate | Azimuth/ Dip | From – To (m) | Interval (m) | Gold (g/t) |
RC-319 | 6+60S | 59495N/4527E | 110/-50 | 6-22 incl.12-16 28-46 53-67 incl.62-66 | 16 4 18 14 4 | 1.83 3.53 1.08 2.35 4.90 |
RC-320 | 9+70S | 59198N/4435E | 110/-70 | 132-136 184-191 209-229 incl.212-223 incl.216-218 | 4 7 20 11 2 | 1.23 1.22 1.32 2.02 6.55 |
RC-327 | 8+40S | 59278N/4456E | 110/-50 | 65-70 122-124 130-133 | 5 2 3 | 1.63 2.92 1.52 |
RC-328 | 9+30S | 59233N/4457E | 110/-50 | 103-110 incl.106-108 115-121 163-172 174-192 incl.183-188 | 7 2 6 9 18 5 | 4.24 11.78 1.55 1.14 1.96 3.23 |
RC-329 | 9+30S | 59213N/4505E | 110/-65 | 26-29 44-51 incl.50-51 | 3 7 1 | 2.12 4.60 21.06 |
RC-330 | 5+60N | 60643N/4901E | 110/-50 | 45-58 incl.47-49 | 13 2 | 1.17 3.74 |
RC-331 | 4+50S | 59681N/4641E | 110/-50 | 21-28 30-54 incl.50-54 57-76 incl.67-72 | 7 24 4 19 5 | 1.11 1.07 3.08 1.79 2.75 |
RC-332 | 6+60S | 59517N/4451E | 110/-65 | 130-136 incl.132-133 164-170 | 6 1 6 | 1.55 5.83 2.10 |
RC-333 | 6+60S | 59517N/4449E | 110/-75 | 188-215 incl.188-193 and 198-201 250-266 incl.251-255 | 27 5 3 16 4 | 1.93 4.01 4.59 1.40 3.12 |
RC-335 | 9+10S | 59235N/4508E | 110/-55 | 5-12 72-77 111-117 | 7 5 6 | 1.47 2.28 1.63 |
RC-336 | 2+40N | 60340N/4783E | 095/-65 | 121-144 incl.121-128 154-187 incl.165-172 and 182-185 226-232 | 23 7 33 7 3 6 | 1.11 1.67 1.05 2.04 2.67 1.39 |
RC-337 | 2+40S | 59930N/4564E | 110/-55 | 119-125 130-137 176-194 incl.183-188 199-219 incl.211-217 | 6 7 18 5 20 6 | 1.35 1.22 1.33 2.41 1.18 2.18 |
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Masato Gold Deposit …continued | ||||||
Drill Hole | Section | Grid Co-ordinate | Azimuth/ Dip | From – To (m) | Interval (m) | Gold (g/t) |
RC-342 | 4+70N | 60569N/4892E | 095/-50 | 41-57 incl.47-55 | 16 8 | 1.23 1.94 |
RC-343 | 0+80S | 60040N/4732E | 110/-50 | 112-117 | 5 | 1.20 |
RC-344 | 0+80S | 60027N/4770E | 110/-50 | 80-84 | 4 | 1.35 |
RC-348 | 4+00N | 60492N/4856E | 095/-50 | 12-20 26-38 incl.27-29 62-70 incl.67-69 | 8 12 2 8 2 | 1.03 1.13 3.08 1.12 2.52 |
RC-349 | 4+00N | 60492N/4856E | 095/-60 | 70-83 incl.73-80 incl.79-80 109-115 | 13 7 1 6 | 1.11 1.61 6.48 3.25 |
RC-350 | 0+40S | 60077N/4746E | 110/-50 | 57-64 | 7 | 1.87 |
RC-351 | 0+40S | 60063N/4783E | 110/-50 | 15-24 incl.15-18 73-82 | 9 3 9 | 2.37 3.81 1.14 |
RC-352 | 0+40S | 60049N/4822E | 110/-50 | 37-47 incl.37-42 | 10 5 | 1.34 2.11 |
RC-353 | 0+40S | 60036N/4859E | 110/-50 | 0-9 | 9 | 1.36 |
RC-354 | 3+00N | 60400N/4820E | 095/-55 | 100-107 117-151 incl.133-138 and 144-150 | 7 34 5 6 | 1.40 1.28 2.20 2.04 |
RC-362 | 3+20S | 59837N/4580E | 110/-50 | 58-64 141-159 incl.143-145 162-170 incl.163-164 | 6 18 2 8 1 | 1.50 1.59 6.10 14.12 100.5 |
RC-369 | 3+20S | 59835N/4580E | 110/-65 | 179-196 incl.180-182 and 190-192 | 17 2 2 | 1.20 2.63 2.66 |
RC-380 | 3+00N | 60408N/4744E | 095/-70 | 145-146 207-213 incl.211-213 | 1 6 2 | 14.54 2.06 4.88 |
RC-381 | 3+40N | 60444N/4759E | 095/-65 | 173-176 194-197 211-223 incl.211-214 249-253 | 3 3 12 3 4 | 1.63 1.81 1.27 2.50 1.85 |
Mineralized intervals are based on 1-metre composite samples utilizing a 0.25 g/t gold cut-off level with a maximum internal dilution of 4 metres. The attitude of mineralized intervals varies and reported mineralized intersections may not represent true widths.
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Golouma West Gold Deposit | ||||||
Drill Hole | Section | Grid Co-ordinate | Azimuth/ Dip | From – To (m) | Interval (m) | Gold (g/t) |
DH-240 | 4+90W | 3386N/4506E | 015/-65 | 348-350 385-396 incl.392-395 | 2 11 3 | 2.97 2.82 6.36 |
DH-255 | 4+65W | 3375N/4542E | 015/-60 | 300-307 330-333 339-353 incl.344-348 | 7 3 14 4 | 1.00 1.70 2.07 3.64 |
DH-276 | 6+10W | 3451N/4386E | 015/-65 | 417-421 incl.418-419 | 4 1 | 4.59 11.93 |
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 may not represent true widths.
Golouma South Gold Deposit | ||||||
Drill Hole | Section | Grid Co-ordinate | Azimuth/ Dip | From – To (m) | Interval (m) | Gold (g/t) |
DH-244 | 0-65S | 3051N/5175E | 110/-50 | 5-8 | 3 | 1.21 |
DH-245 | 1+60S | 3121N/5181E | 085/-50 | 26-35 | 9 | 7.77 |
DH-247 | 1+70S | 3030N/5155E | 110/-50 | 11-21 incl.16-17 24-32 incl.26-28 | 10 1 8 2 | 5.89 24.07 2.25 6.18 |
DH-248 | 2+20S | 2904N/5107E | 110/-50 | 32-36 | 4 | 3.12 |
DH-256 | 3+95S | 2869N/4949E | 110/-60 | 66-68 | 2 | 1.72 |
DH-259 | 3+95S | 2841N/5019E | 110/-60 | 75-77 90-93 | 2 3 | 2.42 1.40 |
DH-265 | 2+80S | 3018N/4867E | 110/-65 | 329-334 incl.333-334 | 5 1 | 2.48 8.16 |
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 may not represent true widths.