Mr. Kim Wanjoong, Oriental Minerals General Manager of Operations in Korea, Has Been Awarded the 2007 Technology Prize
Oriental Minerals Inc. (TSX-V: OTL) is pleased to announce that Mr. Kim Wanjoong, Oriental Minerals’ General Manager of Operations in Korea, has been awarded the 2007 Technology Prize from the Geological Society of Korea. The award was presented to Mr. Kim on October 26th, 2007 at Gangwon University, for making a critical contribution in the development of Korea geology as well as in the exploration of natural resources in Korea. Please visit www.orientalminerals.com to see photos of Mr. Kim accepting his award.
Mr. Kim has 12 years experience in mineral exploration in Korea and Asia. He was previously employed by Indochina Goldfields Ltd/Ivanhoe Mining (1994-2003), exploring for gold on the Korean peninsula, as well as in Indonesia. Whilst working for Ivanhoe, he discovered the Eunsan and Moisan Au-Ag deposits, currently being mined by Sun Shin Mining in South Korea.
He was then employed by DeeWoo Engineering & Construction (2003-2005) and Jina Engineering (2005-2006), supervising drilling operations in Mongolia.
He is one of the few Korean geologists exposed to Western exploration methods and exploration concepts.
About Oriental Minerals Inc.
Oriental Minerals is a Canadian based exploration company exploring for world-class mineral deposits in South Korea. The Company’s current projects include tungsten-molybdenum, base metals and gold-silver properties with significant known mineralization and excellent regional potential.
South Korea is an independent country with strong ties to the USA and a key trading partner with Canada and Australia. The country has an excellent infrastructure, established and workable Mining Laws, and available trained mining workforce.
These factors combined with an in country bi-lingual team, assists OTL in capturing a first class country-wide, diversified minerals portfolio.
Statements in this news release, other than purely historical information, including statements relating to the Company’s future plans and objectives or expected results, constitute forward-looking statements. Such statements are based on numerous assumptions and are subject to all the risks and uncertainties inherent in the Company’s business, including risks related to mineral exploration and development. Consequently, actual results may vary materially from those described in the forward-looking statements.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
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For more information contact: Willie McLucas President and Director or Spiro Kletas Investor Relations 604-681-5755 www.orientalminerals.com
SOURCE: Oriental Minerals Inc.