Oromin Explorations Ltd.: Sabodala Exploration Update.VANCOUVER, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography -- Oromin Explorations Ltd. ("Oromin") (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:OLE) is pleased to provide an update of its ongoing US $8 million exploration program at its Sabodala Property in eastern Senegal. The first four core holes of Oromin's minimum 10,000-metre drilling program have been completed at three of the five target areas selected for the initial drilling evaluation. Details of these holes are as follows: - Golouma West - Two drill holes, SAB06-01 and SAB06-02, were completed to test favourable excavator ex·ca·va·tor n. An instrument, such as a sharp spoon or curette, used in scraping out pathological tissue. excavator (eks´k trench results across a 400-metre extent along the western portion of the extensive Golouma geochemical anomaly (currently measuring 1.5 by 3.0 kilometres). Excavator trench results from Golouma West include 1.73 g/t gold over 20.0 metres, 7.08 g/t gold over 16.0 metres and 18.71 g/t gold over 6.0 metres. - Golouma South - One drill hole, SAB06-03, was completed to test a second area from which favourable excavator trench results were encountered within the extensive Golouma geochemical anomaly. Excavator trench results from Golouma South include 1.19 g/t gold over 7.0 metres, 2.37 g/t gold over 3.0 metres and 12.35 g/t gold over 25.0 metres. Golouma South is located 800 metres to the southeast of Golouma West. - Golouma East - One drill hole, (SAB06-04), is underway as an initial test of an extensive IP geophysical ge·o·phys·ics n. (used with a sing. verb) The physics of the earth and its environment, including the physics of fields such as meteorology, oceanography, and seismology. target with an associated geochemical signature partially masked by lateritic lat·er·ite n. A red residual soil in humid tropical and subtropical regions that is leached of soluble minerals, aluminum hydroxides, and silica but still contains concentrations of iron oxides and iron hydroxides. cover. Golouma East is located 600 metres to the east of Golouma South. - Niakifiri South Extension - One drill hole, SAB06-05, has been completed to test excavator trench exposures along the immediate on-trend extension of the Niakifiri deposit on the adjacent property of Mineral Deposits Limited ("MDL MDL - (Originally "Muddle"). C. Reeve, Carl Hewitt and Gerald Sussman, Dynamic Modeling Group, MIT ca. 1971. Intended as a successor to Lisp, and a possible base for Planner-70. Basically LISP 1.5 with data types and arrays. "). Hole SAB06-05 is collared 400 metres south of the Oromin-MDL property boundary. MDL's ongoing minimum 64,000 metre drilling program at its Sabodala and Niakifiri deposits forms a part of its bankable bank·a·ble adj. 1. Acceptable to or at a bank: bankable funds. 2. Guaranteed to bring profit: a bankable movie star. feasibility work. MDL's recently released drilling results from the adjacent Niakifiri deposit include, 2.7 g/t gold over 28 metres, 2.7 g/t gold over 58 metres and 5.3 g/t gold over 16 metres. Oromin plans to begin shortly a second hole, SAB06-06, to test a coincident co·in·ci·dent adj. 1. Occupying the same area in space or happening at the same time: a series of coincident events. See Synonyms at contemporary. 2. IP-geochemical anomaly associated with this Niakifiri South extension. At the Masato target, Oromin plans to drill four holes as an initial test of a large open-ended geochemical anomaly currently measuring 500 metres by 1,500 meters in size. Prior to Oromin's involvement at Sabodala, Masato had been partially drill tested by BRGM BRGM Bureau de Recherches Géologiques et Minières (France) . Some of the previous drill results include, 1.85 g/t gold over 16.2 metres, 4.3 g/t gold over 5.6 metres and 4.21 g/t gold over 26.8 meters. Masato is located 4 kilometres northeast of SAB06-05. In addition to its drilling activities, Oromin is significantly expanding soil and IP geophysical coverage at a variety of target locations, including a 2.0 by 1.5 kilometre detailed grid at Masato. Oromin's geophysical consulting group, Sigma Geophysics, has re-mobilised to re-start surveying by this weekend. A further 2.0 by 3.0 kilometre detailed grid is being established by Oromin to accommodate soil and IP geophysical coverage 2.5 kilometres south of MDL's Niakifiri deposit. This exploration work is designed to further extend the present geochemical and geophysical signature that appears to correlate with favourable geology, alteration and mineralization Mineralization The process by which the body uses minerals to build bone structure. Mentioned in: Rickets mineralization, n the bioprecipitation of an inorganic substance. that extends a minimum of 2.5 kilometres southward south·ward adv. & adj. Toward, to, or in the south. n. A southward direction, point, or region. south from the Oromin-MDL property boundary. Recent hand and excavator trenching within this expanding grid area has exposed these favourable features over a minimum additional 500 metre extent. Oromin anticipates that analytical results from the initial drilling evaluation along with numerous soil and trench samples being processed at the independently operated sample preparation facility at Sabodala should be available by month end. Gerald McArthur P. Geo., a "qualified person" for the purposes of National Instrument 43-101 has verified the data disclosed in this news release. To find out more about Oromin Explorations Ltd. (TSX VENTURE:OLE), visit www.oromin.com. On behalf of the Board of Directors of OROMIN EXPLORATIONS LTD. Chet Idziszek, President The TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. has not reviewed and does not accept responsibility for the adequacy and accuracy of this release. Oromin Explorations Ltd. (TSX VENTURE:OLE) |
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