Release: Oropa Limited: Further encouraging drill results at Pungkut gold project

(28 November 2007)--Diversified exploration company Oropa Limited is pleased to announce that it has received further significant assay results from the current drilling program at Sihayo 1 North, its Pungkut gold Project in Indonesia.

The drilling to the west of the Inferred Resource at Sihayo 1 North is targeting high grade out-cropping jasperoid to establish the potential to increase the resource base in this direction. Currently, the Sihayo 1 North and Sambung deposits at Pungkut collectively contained Inferred Resources of approximately 710,000 ounces.

Recently completed holes SHDDO96 and SHDDO97 indicate that jasperoid continues to the north-west from mineralisation previously encountered in the previously reported holes SHDDO94 and SHDDO95.

Best results include:
SHDD096: 17.55m @ 1.82 g/t Au from surface; 2m @1.48 g/t Au from 19m
SHDD097: 6m @ 3.66 g/t Au from 1m; 13m @1.53 g/t Au from 15m
SHDD098: 6m @ 2.15 g/t Au from surface

The results from SHDD089 contain gold in regolith material.

Drilling has also continued further to the west with results still pending for holes SHDD099 and SHDD100. The current hole (SHDD101) is designed to test the continuity of the mineralisation along strike between SHDD096 and the known Inferred Resource, for which results are also still pending.

Drilling at Sihayo 1 North has focused on previously untested jasperoid outcrop. The results of this drilling program will be incorporated into a revised Sihayo 1 North resource estimate to commence in early 2008.

Once the updated resource estimate is completed, the Company intends to commence a scoping study to establish the viability of bringing these resources to a mining stage. The Pungkut Gold Project is located 70km south of Oxiana Ltd?s 6 million ounce Martabe gold deposit(s) in North Sumatra.

The continued success of Oropa?s drilling programs at Pungkut further enhance its international mineral project portfolio, which has recently been significantly expanded through the acquisition of uranium exploration interests in Malawi. (end of edited release)