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Re: News Release - Monday, September 17, 2007
Golden Oasis Stakes More Claims at Lone Ranch Project
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Vancouver, British Columbia ... Golden Oasis Exploration Corp.
(TSX-V:GOT) announces that it has staked an additional 83 claims
totaling approximately 1,660 acres in the surrounding areas of its
wholly owned Lone Ranch Project within the Republic graben of
north-central Washington. The additional claims were staked to cover
the full extent of the new anomaly and extensions of the Central and
South anomalies previously announced (see press release dated August
13, 2007). Permitting of a 17 hole drilling program has been
initiated with the US Forest Service. Although the date of approval of
the permit is currently unknown, core drilling will commence as soon as
possible thereafter. The Company is excited to begin drilling in this
important gold producing region known as the Republic district. The
Republic graben contains numerous precious metal deposits such as the
Republic mine (Hecla Mining Company), Buckhorn Project (Kinross Gold
Corporation), and the Kettle River mine complex (Kinross Gold
Corporation).
Golden Oasis recently completed the interpretation of its airborne
geophysical survey flown earlier this year over Lone Ranch, with the
results showing two 1.5 kilometer long geophysical anomalies in the
central and southern portions of the project area that correlate well
with mapped gold-bearing sulfide zones.
Richard Kern (P.Geo), President of Golden Oasis, is the Company's
qualified person on the project as required under NI 43-101and has
prepared the technical information contained in this press release.
Golden Oasis is dedicated to the principles of environmentally sound
mining practices and believes that environmental stewardship and mining
can co-exist. For details on the Company and its properties, see SEDAR
at www.sedar.com and the Company website at www.goldenoasis.ca.
ON BEHALF OF THE BOARD
Signed "Robert Eadie"
Robert Eadie, Chief Executive Officer and Director
For further information, please contact: Robert Eadie
Telephone: 1-604-602-4935 / Toll Free: 1-866-602-4935
Facsimile: 1-604-602-4936 / Website: www.goldenoasis.ca
The TSX Venture Exchange has not reviewed nor does it accept
responsibility for the adequacy or accuracy of this press release.
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Copyright (c) 2007 GOLDEN OASIS EXPLORATION CORP. (GOE) All rights
reserved. For more information visit our website at
http://www.goldenoasisexploration.com/ or send
mailto:info@goldenoasisexploration.com
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