Oromonte announces filing of 2nd quarter financial statements and results

Oromonte Resources Inc. ORR:TSX-V; OF6:FRA) announces the filing of its financial statements and results for the three month period ended June 30, 2008. Oromonte's exploration activities and performance continued to be affected by the Ecuador government's initiation of changes to the country's constitution, taxation, environmental and mining laws. The financial results reflect the Company's decision to generally suspend its activities in Ecuador at least until the Government of Ecuador establishes its new policies towards foreign companies regarding mineral exploration and mining. In the interim, the Company's limited expenses in Ecuador are currently aimed at protecting its interests there to the extent possible. The Company has begun to implement a pro-active development strategy outside Ecuador. read more

Source: Oromonte Resources Inc.; GEOROX RESOURCES INC.