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October 29, 2012 | Trading Symbol: TSX – OLE |
Oromin advises new website presentation re OJVG Gold Project
Oromin Explorations Ltd., on behalf of Oromin Joint Venture Group Ltd. (“OJVG”), advises that it has posted to its websitewww.oromin.comin the section “Investors / Presentations” a new file titledProject Update – October 2012.
This website file summarizes OJVG Project milestones to date, sets out current project resources, compares the OJVG Project to a number of other gold projects in West Africa, provides diagrams of projected pit outlines for three of the more significant OJVG deposits, and summarizes the OJVG Project’s status as de-risked and construction-ready.
Oromin is continuing to work with its OJVG partners to assess development, financing and strategic alternatives towards maximizing the OJVG Project’s value, including discussions with various parties that could lead to a potential acquisition of Oromin.
On behalf of the Board of Directors of
OROMIN EXPLORATIONS LTD.
“Chet Idziszek”
Chet Idziszek, President and CEO
Cautionary Statement The website fileProject Update – October 2012contains a set of Cautionary Statements regarding forward-looking statements. Persons who access the website file should read the Cautionary Statements included therein. |