Omega Pacific Intersects 6.22 g/t Gold over 18.98 metres, within 3.16 g/t Gold over 44.32 metres in hole WM24-01 at the Williams Property GIC Prospect
Omega Pacific Intersects 6.22 g/t Gold over 18.98 metres, within 3.16 g/t Gold over 44.32
metres in hole WM24-01 at the Williams Property GIC Prospect
Vancouver, BC / July 24, 2024 - Omega Pacific Resou rces Inc. (CSE:OMGA, OTCQB:OMGPF,
FSE:Q0F) (“Omega Pacific" or the "Company") is pleased to announce initial drill results from its
2024 drill program at the Williams Property in Brit ish Columbia’s Golden Horseshoe. These
intervals from the Phase 1 program confirm the pote ntial of high-grade and bulk-tonnage gold
mineralization on the Property (Figure 1).
Highlights
● Drill hole WM24-01 intersected the highest grades at Williams so far within bulk-tonnage
mineralization including:
○ 6.22 g/t Au over 18.98 m, within
○ 3.16 g/t Au over 44.32 m, within
○ 1.69 g/t Au over 104.08 m (Table 1 and Figure 2)
● WM24-01 successfully undercut and extended the mi neralization noted in hole WM22-02
(CopAur Minerals Inc Press Release August 16, 2022)
● WM22-02, which historically reported 2.2 g/t Au o ver 50m ending in mineralization, has
been re-entered and extended – assays are pending
Omega Pacific’s CEO Jason Leikam commented, “Our Phase 1 program is off to a great start at
Williams and we are thrilled to see high-grade mine ralization manifest in our very first hole. The
6.22 g/t Au over 18.98 m demonstrates the presence of high-grade mineralization at the GIC
Prospect, a region of our property which has demons trated strong results during previous drill
campaigns. For Phase 1, we deployed a targeted and methodical drilling strategy that focused on
this region of the Property. With the impressive re sults from this first hole, we are excited to
receive further assays throughout the summer as we continue realizing the potential of our project.
Our goal has always been to drive shareholder value through strong execution, and we are thrilled
to deliver this news to our committed shareholders. It’s an exciting time for Omega Pacific and we
are one step closer to delivering a premier asset in the heart of BC’s Golden Horseshoe.”
Drill Results at GIC
The GIC Prospect represents a >3 km long target wit h overlapping gold-copper rock and soil
anomalism and chargeability/resistivity anomalies f rom induced-polarization (IP) geophysical
surveys. This area is marked by the “Park Gossan” a nd occurs proximal to the contact between
volcanic and intrusive rocks and large-scale faults all of which are critical to mineralization
elsewhere in the Golden Horseshoe. It has seen limited historical exploration drilling of ~2,300 m.
Phase 1 of the 2024 drill program was designed to f ollow-up on the historical results of WM22-
02. The 2024 drill holes are planned to trace that mineralization to depth and to the east and west.
The first hole of the 2024 program (WM24-01) was dr illed at a steeper angle to undercut the
historical results by approximately 50 m with the intention of drilling deeper to get the full thickness
of mineralization - WM24-01 succeeded in both of these goals.
Figure 1: Plan map of the GIC Prospect showing 2022 and 2024 drill holes on bedrock geology. Drill hole WM22-03 intersected 4.64
g/t Au over 8 m.
WM24-01 was drilled underneath WM22-02 intersecting the targeted mineralization at
approximately 250 metres downhole and continuing fo r over 100 m. This mineralization was
centered on a black basaltic unit with several phases of quartz veining and pyrite mineralization.
The highest grade mineralization, 6.22 g/t Au over 18.98 m , is hosted within this unit. Gold
mineralization continues above and below this basaltic unit in intermediate volcanic rocks which
are highly silicified and variably pyritized. Gold mineralization continuing into these intermediate
volcanic rocks helps define a bulk-tonnage target f or GIC with 1.69 g/t Au over 104.08 m . The
overall thickness of altered and silicified volcani c rocks exceeds 300 m suggesting a large
hydrothermal system has affected the rocks at GIC which, combined with the >3 km strike length,
represents a large target for continued exploration for high-grade and bulk-tonnage
mineralization.
Historical assays from WM22-02 included 4.2 g/t Au over 10.5 m within a broader interval of 2.2
g/t Au over 50m ending in mineralization. This hole was successfully re-entered and extended as
part of the 2024 Phase 1 program (WM22-02 (ext)) al lowing Omega to complete drilling of the
historical intercept. The above noted basaltic unit continued beyond 300 m (original hole depth)
and transitioned into heavily silicified and pyritized intermediate volcanic rocks much like WM24-
01. Assays are pending for WM22-02 (ext) which will add to the historically reported 2.2 g/t Au
over 50 metres.
Figure 2. Cross-section of drill holes WM24-01 and WM22-02 (ext) with current gold results on IP chargeability. Note pending
assays for WM22-02 (extension).
Select Assay Results WM24-01
Hole From (m) To (m) Width (m) Au (g/t)
WM24-01 301.22 320.2 18.98 6.22
within 276.91 321.23 44.32 3.16
within 248.92 353 104.08 1.69
Table 1. Select assay intervals from drill hole WM24-01. True thicknesses of mineralization are not known given the early stage of
exploration. A complete list of all drill results to date will be posted to the Company's website at OmegaPacific.ca.
Drill Collar Locations
HoleID Easting (m) Northing (m) Elevation (m) Azimuth Dip Depth (m)
WM24-01 572769 6408008 1655 0 -57 503
WM22-02(ext) 572769 6408010 1655 0 -50 From 300-502
Table 2. Current drill hole information.
Omega Pacific’s summer 2024 drill program is designed to drill up to 2,000 m at the GIC Prospect
of the Williams Property. The company will report on additional program results over the summer
season as it receives assays.
Corporate Update
Additionally, Omega Pacific has retained Machai Cap ital Inc. ("Machai") to provide digital
marketing services (the "Engagement"). Machai will provide certain digital marketing services in
compliance with the policies and guidelines of the Canadian Securities Exchange and other
applicable legislation.
Machai is a marketing, advertising and public aware ness firm specializing in the mining and
metals, technology and special situation sectors. I t assists companies in branding, content
creation and data-optimization to create in-depth m arketing campaigns. Machai is able to track,
organize and execute its plan through Search Engine Optimization (SEO), Search Engine
Marketing (SEM), Digital Marketing, Social Media Ma rketing, Email Marketing and Brand
Marketing.
The Engagement has an initial term of up to 12-months, Machai will have a marketing budget of
up to 200,000 Euros ($300K CAD) paid in cash. Machai currently owns 687,500 share purchase
warrants and 150,000 common shares. Machai Capital Inc. is 100% owned by Suneal Sandhu
and can be reached [email protected]. Macha i is at arm's length to Omega Pacific
Resources and has no other relationship with the company except pursuant to the Engagement.
Quality Assurance/Quality Control (QA/QC) Measures and Analytical Procedures
Omega Pacific adheres to a strict QA/QC monitoring program that includes the insertion of blanks,
standards and duplicates into the sample stream, as well as the re-submission of select samples
for check assays by an independent third party laboratory. Drill core is cut in-half with a diamond
saw, with one-half placed in sealed bags and shipped to the laboratory and the other half retained
on site. Third party laboratory checks on 5% of the samples are carried out as well. Chain of
custody is maintained from the drill to the submittal into the laboratory preparation facility.
Core samples were prepared and analyzed by ALS Labs in Kamloops and Vancouver, BC using
Fire Assay methods on a 30g split with an atomic absorption finish. Gold assays exceeding 10 g/t
were re-assayed with a gravimetric finish. Samples were also analyzed for a 48-element suite via
mass-spectrometry with a four acid digestion.
The Company adheres to CIM Best Practices Guideline s for exploration related activities
conducted on its property. Quality Assurance and Qu ality Control (QA/QC) procedures are
overseen by the Qualified Person.
Qualified Person
Robert L’Heureux (P.Geol.), Director of Omega Pacif ic Resources, is the “Qualified Person” as
defined by National Instrument 43-101 - Standards o f Disclosure for Mineral Projects and has
reviewed, validated and approved the scientific and technical information contained in this news
release. Mr. L’Heureux oversees exploration planning and execution at the Williams Property.
About Omega Pacific
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%
interest in the Williams Property, located in the Toodoggone region of the Golden Horseshoe. The
Golden Horseshoe is a prolific area of British Colu mbia known to host many gold, copper and
silver deposits. The Company also holds an option o n the Lekcin Property, located 120 km east
of Vancouver, BC.
For more information, please contact:
Omega Pacific Resources Inc.
Jason Leikam, Chief Executive Officer & Director
Tel: +1 (778) 650 4255
Email: [email protected]
Cautionary Statement
Certain statements contained in this press release constitute forward-looking information under
the provisions of Canadian securities laws including statements about the Company’s plans. Such
statements are necessarily based upon a number of b eliefs, assumptions, and opinions of
management on the date the statements are made and are subject to numerous risks and
uncertainties that could cause actual results and f uture events to differ materially from those
anticipated or projected. The Company undertakes no obligation to update these forward-looking
statements in the event that management’s beliefs, estimates or opinions, or other factors should
change, except as required by law.
Neither the CSE nor its Regulation Services Provider accepts responsibility for the adequacy or
accuracy of this release.