Argentina – Santa Rosa Licence Preparations continue at the well site. The Operator, Oromin, advised that final steps are now underway so that rig mobilization can commence as soon as possible. Spudding of the first exploration well is expected to occur in July 2009. Yours faithfully Dr Jaap Poll Director
The news that IAMGOLD has taken a 17% stake in Oromin is excellent! The exposure we will now get will be tremendous. I will admit Chet and the gang have pulled this one out of a hat and impressed me. The share price of IAMGOLD rose just after the news was released and considering the [...]
2009-06-19 15:08 ET – News Release Mr. Joseph Conway reports IAMGOLD ANNOUNCES EQUITY POSITION IN OROMIN EXPLORATIONS LTD. Iamgold Corp. has acquired 16,088,636 common shares at 70 cents per share for a total investment of $11.26-million, or 17 per cent of the now issued and outstanding common shares of Oromin Explorations Ltd. in partial subscription [...]
Argentina – Santa Rosa Licence Preparations continue at well site for the arrival of the drilling rig. The schedule remains unchanged for the spudding of the first exploration well to occur in late June 2009.
Argentina – Santa Rosa Licence Preparations continue at well site for rig arrival. Schedule remains unchanged for the spudding of the first exploration well to occur in late June 2009. The Company will continue to update the market on a weekly basis each Wednesday during the drilling and testing programs.