Mr. Jason Leikam reports
OMEGA PACIFIC COMPLETES OPTION PAYMENT FOR WILLIAMS PROPERTY
Omega Pacific Resources Inc. has completed the first phase of payments to earn an up-to-100-per-cent interest in the Williams copper-gold project.
As reported in a news release dated March 1, 2024, the company entered into a definitive option agreement to acquire an up-to-100-per-cent interest in the property. In accordance with the agreement, the company has made the first cash payment of $1-million and three million shares to Copaur Minerals Inc. In addition to these payments, the company must also incur exploration expenditures totalling $3-million to earn a 51-per-cent interest in the property. Omega Pacific is currently planning an exploration program for the Williams project during the 2024 exploration season and will report on details of the program once finalized.
About Omega Pacific Resources Inc.
Omega Pacific is a mineral exploration company focused on the development of mineral projects containing base and precious metals. The company recently acquired an option to earn a 100-per-cent interest in the Williams property, located in the Toodoggone region of the Golden Horseshoe. The Golden Horseshoe is a prolific and proven area of British Columbia known to host many gold, copper and silver deposits. The company also holds an option on the Lekcin property, located 120 kilometres east of Vancouver, B.C.
We seek Safe Harbor.
© 2024 Canjex Publishing Ltd. All rights reserved.