Oban Provides New Resource Estimate for Marban Project

June 13, 2016

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TORONTO, ONTARIO–(Marketwired – June 13, 2016) – Oban Mining Corporation (TSX:OBM)(“Oban” or the “Corporation”) is pleased to provide an updated resource estimate for its 100%-owned Marban gold project, located near the town of Malartic, Québec. This update is the result of 92,900 metres of infill drilling and historical core re-sampling executed since the last published resource estimates on the Marban and Norlartic deposits. The new estimate has produced an increase in the overall gold resource and an upgrading of the bulk of the resources to robust measured and indicated (M&I), pit-constrained categories. This updated estimate was prepared by Belzile Solutions Inc. based in Rouyn-Noranda, Québec. Mine Development Associates based in Reno, Nevada previously estimated the Marban project resources in 2007, 2010 and 2013.

Category: General