12:12:13 EDT Fri 09 May 2025
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Omineca Mining and Metals Ltd
Symbol OMM
Shares Issued 180,084,575
Close 2024-12-17 C$ 0.05
Market Cap C$ 9,004,229
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Omineca to complete eight Wingdam drill holes by break

2024-12-17 18:53 ET - News Release

Mr. Tom MacNeill reports

OMINECA EXPANDS DIAMOND DRILLING PROGRAM AT WINGDAM

Omineca Mining and Metals Ltd.'s second drill rig (see news release dated Dec. 5, 2024) has completed its third hole, a scissor hole to WD24-38, added to test the downdip extension of veins observed in that hole. The second rig has commenced its fourth hole of the program. With the first drill rig on its fourth hole, eight 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 metres. 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 analyzed.

Qualified person

All scientific and technical information in this news release has been prepared by, or approved by Stephen Kocsis, PGeo, lead geologist. Mr. Kocsis is a qualified person for the purposes of National Instrument 43-101 (Standards of Disclosure for Mineral Projects).

About Omineca Mining and Metals Ltd.

Omineca's flagship Wingdam gold exploration and placer recovery projects are located along the Barkerville Highway 45 kilometres east of the city of Quesnel. The Wingdam property includes mineral tenures totalling over 61,392 hectares (613 square kilometres) and in excess of 15 linear kilometres 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 under way, exploring for the potential multiple hardrock sources of the placer gold at Wingdam.

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