공시 • Dec 05
Omineca Mining and Metals Ltd. Begins Follow Up Diamond Drill Program at Wingdam Exploration Project in the Cariboo Mining District of South Central British Columbia Omineca Mining and Metals Ltd. announced that it has initiated its 2025 winter drill program at the Wingdam exploration project in the Cariboo Mining District of south central British Columbia. TerraLogic Exploration Inc. of Cranbrook, BC, have provided a high priority follow up program for 2025. The drill crew has been mobilized to conduct the 8 hole, 4,000 meter diamond drill program. Drilling is expected to run through December 2025 with results anticipated to be reported early in the new year. This exploration program continues to be based on the assumption that Lightning Creek may have once flowed west to east before reversing to its present westward flow. The lode source of the rich placer gold beneath Lightning Creek may be related to the Eureka Thrust Fault system, located downstream (west) of the Wingdam underground placer project where 173.4 ounces of placer gold was recovered from a single 2.4 meter wide by 23.5 meter long crosscut sample in 2012. The previous 2024 program was successful in intercepting anomalous gold, copper, lead and zinc concentrations located downstream from the Wingdam underground placer projects. The anomalous concentrations were associated with semi-massive to massive sulphides in ultramafic rocks, mineralized quartz veins and veinlets, and the Eureka Fault zone and its peripheral structures. This year's drill program is designed to follow up on the mineralization found in the 2024 program with continuation drilling further to depth at elevations below the Wingdam underground placer workings, specifically in areas down dip of mineralization in the ultramafic unit intersected in WD24-37. Additional drilling will take place southeast of WD24-37 along strike of the mapped Eureka Thrust Fault towards the UAV magnetic high. Other drilling will consist of deep holes to determine if the quartz veins identified in holes WD24-38 to 40 continue at depth. A progress report from the mining contractor at the Wingdam underground paleoplacer project is to follow and will be covered in a separate update. 공시 • May 10
Omineca Mining and Metals Ltd. Reports Winter Exploration Drill Results At Wingdam Omineca Mining and Metals Ltd. reported the results from its 8 hole diamond drill program conducted in the winter of 2024 at the Wingdam exploration project in the Cariboo Mining District of south central British Columbia. Gold mineralization was encountered in multiple zones in 6 of the 8 drill holes. Drill holes were sampled top to bottom and from the total of 3,740 meters drilled, where 2835 drill core samples and 253 QAQC samples were collected. These results now begin to validate the Company's theory that the lode source of the rich placer gold beneath Lightning Creek may be in the area west of the Eureka Thrust Fault, downstream of the Wingdam underground placer project. The Wingdam project is significantly underexplored and remains highly prospective for hydrothermal gold mineralization in and around the Eureka Thrust Fault. Plans for a high priority follow-up drill program based on these results are currently being worked on and will be announced once finalized. Specifically, down dip follow-up of mineralization in the ultramafic unit intersected in WD24-37, additional drilling southeast along strike of WD24-37 along the mapped Eureka Thrust Fault towards the UAV magnetic high and deep drilling to determine if the quartz veins present continue at depth in holes WD24-38 to 40.Relatedly, an update of the mining activities at the underground placer gold recovery project is expected in short order and will be announced in a separate news release at an appropriate time. TerraLogic Exploration Inc. of Cranbrook, BC who were contracted for drill hole targeting, geo-technicians and geological analysis received, compiled and have reported the exploration drill results to the Company. Highlights from the results and their analysis are listed below: WD24-37 - drilled to a depth of 462.38 meters The zone at the upper part of the hole between 83.40 and 98.50 m, totaling 15.10 m, had an average grade of 227.25 ppb (.227 g/t) gold, and 1,731.25 ppm nickel including a 2 meter interval from 93.40 to 95.40 m which upgraded 870.00 ppb (0.87 g/t) gold,and 1,286.25 ppm nickel. Further exploration of this ultramafic unit is warranted to determine the source of the anomalous gold concentrations identified in both 2022 and 2024. The Eureka Thrust Fault returned anomalous polymetallic results, and like the first three drill holes, continues to be a conduit for mineralization of significance. WD24-35 - drilled to a depth of 672.38 meters Mineralization was intersected throughout the entirety of WD24-35, with multiple gold mineralized zones encountered anomalous gold, silver, copper, molybdenum, chromium, antimony, nickel and zinc including 556.0 ppb (0.556 g/t) gold from 71.46 to 72.24 m and 251.00 ppb (0.251 g/t) gold and 1,210 ppm nickel from 330.87 to 333.80 m, totaling 2.93 m, which included 0.70 m of 0.536 g/t gold and 1790 ppm nickel. The Wingdam Property includes mineral tenures totaling over 61,392 hectares (613 square kms) and in excess of 15 linear kilometers of placer claims, both encompassing the Lightning Creek valley where topographic conditions created thick layers of overburden, which preserved a large portion of a buried paleochannel containing placer gold-bearing gravels. Omineca also has an exploration and diamond drill program currently underway exploring for the potential multiple hard rock sources of the placer gold at Wingdam. 공시 • Dec 24
Omineca Mining and Metals Ltd. announced that it has received CAD 2.4 million in funding On December 23, 2024. Omineca Mining and Metals Ltd. closed the transaction. In addition, the Agent received an advisory fee of approximately CAD 2,500 and 47,734 advisory broker warrants on the same terms as the Broker Warrants. The Company paid the Agent a 7.0% cash commission based on the aggregate gross proceeds arising from the Offering, subject to a reduction for certain orders on a "president's list". The Company also granted the Agent 2,241,575 non-transferable broker warrants 공시 • Dec 18
Omineca Mining and Metals Ltd. Expands Diamond Drilling Program at Wingdam Omineca Mining and Metals Ltd. reported that the second drill rig has completed its 3rd hole, a scissor-hole to WD24-38 added to test the down dip extension of veins observed in that hole. The second rig has now commenced its 4th hole of the program. With the first drill rig on its 4th hole, 8 diamond drill holes will be completed before the holiday break. All drill holes to date have encountered wide zones of quartz carbonate sericite alteration with some quartz veins containing various concentrations of localized semi-massive to massive sulphide mineralization. Of note, samples from several holes will be metallic screen assayed for coarse gold. The program has been expanded from 10 to 17 holes and up to 10,000 meters. The first drill hole has been logged, sampled and shipped for assay with logged samples from the second and third holes expected to ship this week. Drilling will recommence in the new year and results will be announced as they are received and analysed. 공시 • Dec 08
Omineca Mining and Metals Ltd. announced that it expects to receive CAD 2.4 million in funding Omineca Mining and Metals Ltd. announced a best-efforts brokered private placement that it will issue 43,636,363 flowthrough units of the Company at a price of CAD 0.055 per FT Unit for the aggregate gross proceeds of up to CAD 2,400,000 on December 6, 2024. Each FT Unit shall be comprised of one common share of the Company and one purchase warrant of the Company. Each Warrant shall entitle the holder thereof to purchase one Common Share at an exercise price of CAD 0.10 for a period of 36 months from Closing. In the event that the volume weighted average trading price of the Common Shares on the TSX Venture Exchange or other principal exchange on which the Common Shares are listed, is equal to or greater than CAD 0.20 for any 20 consecutive trading days, the Company may, within 10 business days of the occurrence of such event, deliver a notice to the holders of Warrants accelerating the expiry date of the Warrants to the date that is 30 days following the date of such notice. The Offering is anticipated to close on or about December 20, 2024 or such later date as the Agent and the Company may determine. The Closing is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the TSX Venture Exchange. The company advises that the insiders of the Company may participate in the Offering. At Closing, the Company will pay to the Agent a 7% cash commission based on the aggregate gross proceeds arising from the Offering. The Company will also grant the Agent, on the date of Closing, non-transferable broker warrants equal to 7% of the total number of FT Units sold pursuant to the Offering. 공시 • Dec 06
Omineca Mining and Metals Ltd. Expands Lode Gold Drilling Program Employing Second Drill Rig At Wingdam Omineca Mining and Metals Ltd. reported that a second drill has been mobilized to accelerate the Wingdam lode gold exploration program currently underway in the Cariboo Mining District of south central British Columbia. The first 3 diamond drill holes were extended in length with the third hole currently underway at 550 meters. The second drill rig has commenced drilling hole number 4 across the Lightning Creek valley to the north. It is expected that given the encouraging sulphide mineralization evident in the first three holes that the entire program may be expanded in length with more targets added. Drill core is being logged and cut with some samples already prepared to ship for assay. Results will be reported as they are received and interpreted. The dominant rock type logged in the first drill hole is comprised of metamorphosed siltstone (phyllite) with banded fracture-fill quartz/calcite veining, in part brecciated and sheared, containing varying concentrations of localized semi-massive to massive sulphide mineralization. Preliminary observations indicate that the favorable geology appears to continue at depth. The host rock and mineralization resemble the gold-bearing vein type mineralization at the neighbouring Cariboo Gold Project operated by Osisko Development Corp. 
