Oromin cuts wide gold at Sabodala (June 19, 2006)

Vancouver – Drilling by Oromin Explorations (OLE-V, OLEPF-O) on its Sabodala gold project in southeastern Senegal continues to expand mineralized zones on the Golouma West and South areas.

The company plans to continue its drill program through the upcoming rainy season based on results that included 65 metres grading 7.8 grams gold per tonne in hole 17 on the Golouma West zone. The wide intercept included a 7-metre section averaging 60.7 grams gold that was analyzed by total gold metallic screen method due to visible gold evident in the core.

In addition to its drill program, Oromin has completed several trenches on Golouma West, confirming gold mineralization along 750 metres of strike within a soil geochemistry anomaly with more than one km of northwest-southeast strike.

Drilling on Golouma South returned up to 17 metres of 7.1 grams gold in hole 14, including 6 metres of 16.4 grams gold and one metre of 56.6 grams gold. Mineralization has been confirmed along 300 metres of a 3-km soil anomaly in the south zone.

Oromin, through a joint venture group, entered into an earn-in agreement in late-2004 to acquire 100% in the concessions from the Senegalese government for minimum exploration expenditures of US$8 million over 22 months. Holding a 43.5%-interest in the JV, the company is partnered with the private Saudi-controlled company Bendon International (43.5%) and a private Senegalese investor group (13%). The government retains a US$6.50 per oz. royalty on the gold.

Situated in the West African craton, Oromin’s Sabodala concession covers a Birimian greenstone sequence within the Kedougou-Keneiba Inlier that is host to a number of significant gold deposits across the border in Mali. The project extends 22 km along a major structural corridor that is a minimum of 5-km wide and surrounds Australian miner Mineral Deposits’ (MDL-A) Sabodala deposit (over 1.5 million oz. gold resource) that is advancing towards production.

Besides its Sabodala concessions in Senegal, Oromin also holds interest in a gold project in northeastern Brazil and an oil project in Argentina’s Cuyani Basin. The company posts a $73-million market capitalization given its 40.6 million shares outstanding and recent $1.80 trading level. The stock has a 52-week price range of 31-to-$2.45.