http://www.stockwatch.com/News/Item.aspx?bid=Z-C:OBM-2380529

OBAN DISCOVERS NEW GOLD MINERALIZATION AT WINDFALL

Oban Mining Corp. has discovered new gold mineralization as part of the company's new regional exploration drill program, on its 100-per-cent-owned Windfall project located in the Urban township, Quebec. The regional exploration drilling is focusing on testing an inventory of gold-in-till anomalies with coincident geophysical (induced polarization) signatures defined during the fall 2015 till and winter 2016 geophysics programs.

The new mineralization is located approximately three kilometres west-southwest of the main Windfall deposit and is currently defined by two drill holes spaced approximately 700 metres apart. DDH OBX-16-666 intersected 183.5 grams per tonne gold over 0.3 metre and DDH OBX-16-652 intersected 12.7 g/t Au over 1.5 metres. DDH OBX-16-652 was collared 200 metres southeast of a historical hole (1987) that returned 41.4 g/t Au over 0.7 metre. The new holes underscore the strong potential for new gold mineralization on the Windfall Lake property, which has historically seen sparse detailed exploration. The associated table details results from the two new holes (1).

 
Hole                         From        To     Interval        Au      
No.                           (m)       (m)          (m)     (g/t)          

OBM-16-652                 208.70    210.20         1.50     12.72       
OBM-16-666                 284.00    284.30         0.30     183.5       

Notes                                                                      
(1) For complete drilling results please see the company's 
website.   

OBX-16-652 targeted an induced polarization (IP) anomaly 3.3 kilometres to the west-southwest of the main zone at Windfall. The drill hole intersected 12.72 g/t Au over 1.5 metres in a crustiform carbonate-quartz vein bearing similarity to high-grade gold veins present in the Windfall main zone. The hole was located on a combined gold-in-till anomaly with an overlying IP anomaly.