Omega Pacific Provides Project Overview for its Williams Property
Omega Pacific Provides Project Overview for its Williams Property
VANCOUVER, BC / ACCESSWIRE / July 9, 2024 / Omega Pacific Resources Inc.
(CSE:OMGA) (OTCQB:OMGPF) (FSE:Q0F) ("Omega" or the "Company") is pleased to provide
an overview of the newly acquired Williams Project ("Williams") located in British Columbia's
Golden Horseshoe. The property is a 11,490 ha, high -grade land package with over 11,000 m of
historical drilling, positioned 330 km north of Smithers, BC.
Highlights
Williams has several established gold occurrences w hich Omega intends to confirm and
expand in its ongoing exploration program.
Omega has engaged APEX Geoscience Ltd ("APEX") to coordinate and execute its Phase
1 program.
o APEX has overseen several projects in the Golden Ho rseshoe, including Thesis
Gold's Lawyers-Ranch Project and Newmont's Tatogga Project.
The Company will target drilling proximal to the previously drilled WM22-02 at the GIC
Prospect. A drill hole completed in 2022 by previou s operators returned 2.2 g/t Au over
50m and ended in mineralization.
Omega has received all the necessary permits to explore key targets across the property
First assay results from Phase 1 are expected to be received in July.
The Williams Property
Omega Pacific Resources acquired the Williams Property from CopAur Minerals in Q1 of 2024.
The project is located in the heart of BC's Golden Horseshoe, a geological pattern of mines and
mineral occurrences that connect the Golden Triangl e and Toodoggone District. The Project is
permitted for exploration, making up 11,490 hectares of largely unexplored land.
Key Points to the acquisition:
The Project has had over 11,000 m of historical dri lling completed by previous operators
which returned strong grades at surface and at depth.
Two mineralized zones have been identified on the Project; the T-Bill and GIC Prospect.
Promising mineralization at GIC was recently discov ered in 2022 with drill hole WM22-
02 returning 2.2 g/t Au over 50m while ending in mineralization, leaving the intervals true
width unknown.
The Project is permitted for exploration and is drill ready.
Geology and Mineralization Overview
The Williams Project consists of two primary explor ation targets. The T-Bill, a prospective for
mesothermal style gold mineralization and The GIC P rospect, which is prospective for porphyry
copper-gold-molybdenum style mineralization. The T- Bill contains widespread alteration along
with a large 1,200 x 2,300 metre gold in soil anoma ly defined by gold greater than 100 ppb. The
area contains gold-rich quartz veins, locally with visible gold. Historical drilling within a small
portion of the anomaly (300 m x300 m) intercepted 11 separate 2 metre intervals containing more
than 12 g/t gold. The best historical drill interse ctions include 2 metres @ 24.8 g/t gold (B84-8)
and 2 metres @ 35.0 g/t gold (B83-2). The mineraliz ed veins occur as multiple subparallel vein
swarms and could have bulk minable potential in add ition to the high-grade underground vein
targets.
The GIC Prospect is located north of the T-Bill and occurs as a 500 x 1,400 metre copper-and
gold-in-soil geochemical anomaly that partially ove rlaps a 600 x 1,800 metre zone of high
chargeability and moderate to high resistivity. Thi s mineralized zone returned strong grades in
2022. Notably, drill hole WM22-02 showcased promising intervals and ended in mineralization.
Phase 1 Drilling
A drill rig has been procured and is currently executing on three drill holes at GIC. The Company
intends to drill 3-4 holes (~2,000 m) surrounding WM 22-02 looking to extend the recently
uncovered mineralization.
APEX will design, model and execute the Phase 1 dri ll campaign at the Williams Property. This
group of geological and exploration consultants has extensive experience in the Golden Triangle
and Toodoggone District and has overseen programs a t Lawyers and Ranch (Thesis Gold),
Tatogga (Newmont) and Latham Copper-Gold (Torr Metals).
Qualified Person
Robert L'Heureux, P.Geol Director of Omega Pacific 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.
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 st atements 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 Provide r accepts responsibility for the adequacy or
accuracy of this release.