Sunday 18th November 2018

Resource Clips

Oromin reports Senegal Gold Assays as high as 14.3 g/t over 8m

Oromin Explorations Ltd TSX:OLE announced results from its OJVG Gold Project in eastern Senegal, West Africa. Assays include 14.3 g/t gold over 8 metres, 6.84 g/t over 9 metres, 10.43 g/t over 6 metres, 6 g/t over 28 metres and 1.99 g/t over 26 metres.

President Chet Idziszek said, “We are very pleased with our continued exploration successes as they confirm that the project’s potential is still expanding. For example, last year’s feasibility study outlined 1.22 million ounces of indicated resources in the Golouma style deposits, based on drilling to 250 metres. Subsequent drilling to 600 metres has confirmed grade and continuity of the mineralization and we see no indication that this will not continue at depth. If subsequent drilling does confirm additional continuity and similar grade to a depth of say 1,000 metres, we would expect this to have a significant, positive impact on the resource base at Golouma. Similarly, drill results from 2010 at Masato have confirmed continuity of mineralization to depth in multiple zones which we expect will also have a positive impact on the resource base at Masato. We are also very encouraged by continuing to make new discoveries, such as at Saboraya, which will provide drill targets throughout 2011 and, we expect, beyond. The new Saboraya target lies between two established deposits, and may represent a highly prospective continuous zone of mineralization.”

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David Scott
Investor Relations

by Ted Niles

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