Communicators

Oromonte announces filing of Financial Statements and results for the Year ended December 31, 2007.

Nelson, British Columbia, Canada, June 10, 2008: Oromonte Resources Inc. ("Oromonte" or the “Company”) (ORR:TSX-V; OF6:FRA) announces the filing of its financial statements and results for the year ended December 31, 2007.

The Company’s performance was dramatically affected by the government change in Ecuador in 2007. While the situation may stabilize by the second half of 2008, the Ecuador government’s initiation of radical change to the country’s constitution, taxation, environmental and mining laws created an uncertain business and mining industry environment throughout 2007. This uncertainty has had a negative effect on the foreign investment community that has resulted in Oromonte’s stock price reduced over the year. Additionally, the uncertainty and mining industry regime change underway in Ecuador resulted in the Company’s environmental study approvals and related mining permit applications being stalled within government. Consequently, the Company’s 2007 exploration plans were set back, including drilling plans which could not proceed during the year.

The Company recorded a loss of $3,184,201 for the 12 months ended December 31, 2007. Working capital at year end was $1,742,441. The Company has sufficient working capital to meet all of its foreseeable obligations based on its plans for the next twelve months.

The financial results for the year ended December 31, 2007 reflect the costs of property acquisition, exploration expenses and administrative costs for managing the Company’s properties and associated activities. As well, a write-down of mineral properties and deferred exploration costs and a loss on disposal are reflected in the results. Operating and general expenses were $1,255,708, write-down of mineral properties and deferred exploration $570,021 and loss on disposal of the Nambija interests $1,094,466 for the year, resulting in the loss of $3,184,201. This compares with expenses for the same period in 2006 of $1,013,098 and a loss of $1,190,620. The primary reasons for the change in expenses are increased exploratory activity for the year compared to 2006, travel expenses relating to visits to Ecuador by senior management, legal costs and stock-based compensation. There was a decrease in costs for stock based compensation to $323,635 ($371,738. in 2006) for the year as fewer options were granted.

The reason for the write-down in mineral properties is due to the political changes in Ecuador and the Company’s decision not to maintain its interests in less prospective properties. The loss on disposal was a result of the difference in the valuation of the Company’s investment in Canuc Resources Corporation (“Canuc”) and the carrying value of the Company’s investment in the Nambija Property that was transferred to Canuc in October 2007. Value was attributed to shares in Canuc, share purchase warrants in Canuc and cash received to reimburse the Company for taxes paid for the Nambija Property, but no value was attributed to future royalties that could be received from Canuc.

Subsequent Events

As previously announced, in March 2008 the Company focused its Ecuadorean exploration targets on the most promising concessions and anomalous areas within the Company’s property portfolio. It thereby reduced its annual patent payments and its property portfolio by 39,600.90 hectares. The Company’s total property portfolio in Ecuador is now 53,751 hectares subject to any future impacts caused by the Government of Ecuador’s April 18, 2008 Mining Mandate previously announced by the Company. To date the Company has not received notification that any of its mining concessions for which it has paid the 2008 annual patents have been cancelled. Given the force majeure created by the Mining Mandate, the Company has instructed its legal counsel to notify the seller of its Chimbuza Property that no further payments will be made for the property at least until the current mining moratorium is concluded.

Oromonte has taken action to mitigate the risks to the Company by reducing its holdings in Ecuador, funding its operations on an as-needed basis, and cutting staff and exploration expenditures until there is a more stable mining environment. The Company has also begun to acquire prospective exploration properties within North America. On April 10, 2008, the Company announced that it had staked nine claims encompassing 215 contiguous units consisting of approximately 4462 hectares in the prolific Tillicum Mountain area in the West Kootenay region of southeastern British Columbia. This is the initial Canadian acquisition for Oromonte as it begins implementing its pro-active development strategy outside Ecuador.

The Company remains committed to the creation of shareholder value through the exploration and development of base and precious metals in an environmentally, economically and socially responsible manner within its host countries and communities.

The Company’s annual Consolidated Financial Statements and Management Discussion and Analysis (MD&A) for the year ended December 31, 2007 are available at www.sedar.com.

Oromonte expects to file its financial statements for the three month period ended March 31, 2008 shortly. All material information concerning the affairs of Oromonte has been disclosed to the public through news releases and filed on SEDAR.

About Oromonte

Oromonte Resources Inc. is a mineral exploration company engaged in the acquisition, development and exploration of mining properties. The Company has acquired mining concessions consisting of four consolidated properties in Ecuador, namely: Chimbuza Property, Marissa Property, Pangui Property, and Virgen del Cisne Property. The related projects are in early stage development. The Company has also begun acquiring mining property interests outside Ecuador. The Company trades common shares and warrants on the TSX Venture Exchange under the symbol ORR and common shares on the Frankfurt Stock Exchange under the symbol OF6.

For further information you can visit the Company's website at: www.oromonteresourcesinc.com.

Cautionary Statement:

The TSX Venture Exchange has not reviewed, and does not accept responsibility for the adequacy or accuracy of this release.

No stock exchange, securities commission or other regulatory authority has approved nor disapproved the information contained herein. The News Release includes certain "forward looking statements". All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Oromonte, are forward looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Oromonte's expectations are exploration risks detailed from time to time in the filings made by Oromonte with securities regulations.

For further information:

Bruce Cottingham, CEO

Oromonte Resources Inc.
Suite 206, 507 Baker Street
Nelson, British Columbia
Canada V1L 4J2
Tel: (250) 352-9923
Fax: (250) 352-9926