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10/17/06 11:19 AM

#14539 RE: CheezyTang #14538

ecuador political problems, taken from ORR'S pr today

Nambija Adverse Tribunal Resolution
-----------------------------------
The Government of Ecuador's appeal of the lower level tribunal resolution
is proceeding through the Ecuadorian legal system. In view of the granting of
the appeal process, the prior order will not be carried out and therefore no
notice to the Zamora Registrar office to implement the tribunal resolution
will be issued. The legal advice received by Oromonte is to continue carrying
on business as usual with the expectation that the low level tribunal
resolution will be overturned on appeal by the Supreme Court of Ecuador. It is
Oromonte's understanding that the same position has been adopted by the other
current holders of mining concession titles in the Nambija area.