Oriental Minerals Inc. (TSX-V: OTL) is pleased to announce the grant of three uranium exploration and mining licenses known as Daejeon 80 (Reg. No. 77073), Geumsan 81 (Reg. No. 77072) and Goisan 116 (Reg. No. 77074) in the Ogcheon region of South Korea.

Oriental Minerals Inc. (TSX-V: OTL) is pleased to announce that the Korea Resources Corporation (KORES) has agreed to fund Stage 1 drilling targeting part of Oriental Mineral's Ogcheon Uranium project.

Oriental Minerals Inc. (TSX VENTURE: OTL) is pleased to announce an updated inferred resource of 67.7 million tonnes of 0.29% WO3, and 0.05% MoS2, and an updated indicated resource of 12.7 million tonnes of 0.32% WO3 and 0.06% MoS2 for the Sangdong tungsten-molybdenum deposit in South Korea.

Oriental Minerals Inc. (TSX VENTURE: OTL) is pleased to announce an inferred resource of 50.7 million tonnes of 0.28% WO3, and 0.04% MoS2, and an indicated resource of 5.7 million tonnes of 0.31% WO3 and 0.04% MoS2. for the Sangdong Tungsten-Molybdenum deposit in South Korea.

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.