Correction: Omineca Extends Warrants and Acquires Additional Tenures at the Wingdam Project
News Release
CORRECTION: OMINECA EXTENDS WARRANTS AND ACQUIRES
ADDITIONAL TENURES AT THE WINGDAM PROJECT
Cranbrook, BC 17 February, 2017 : Omineca Mining and Metals Ltd. (TSX-V:OMM)
(“Omineca”) would like to correct the news release issued on F ebruary 16 2017 regarding the extension
of warrants. The expiry and extension dates of the warrants were incorrectly stated as follows:
1,355,000 warrants exercisable at $0.10 have been extended from an expiry date of February 16, 2017 to
a new expiry date of February 16, 2018. The original News Release stated the dates as expiring February
16, 2016 with a new expiry date of February 16, 201 7. These warrants were issued pursuant to a privat e
placement of 5,420,000 shares with 1,355,000 share purchase warrants attached, which was accepted for
filing by the Exchange effective March 2, 2015. All other terms of the warrants remain the same.
2,950,000 warrants exercisable at $0.10 have been e xtended from an expiry date of March 30, 2017 to a
new expiry date of March 30, 2018. The original New s Release stated the dates as expiring March 30,
2016 with a new expiry date of March 30, 2017. Thes e warrants were issued pursuant to a private
placement of 2,950,000 shares with 2,950,000 share purchase warrants attached, which was accepted for
filing by the Exchange effective April 14, 2016. All other terms of the warrants remain the same.
Omineca has also recently added additional placer a nd mineral tenures at the Wingdam Project. The
placer tenures, which recently became available for acquisition, add to the area of the gold bearing D eep
Lead Channel gravels controlled by Omineca. The min eral tenures, contiguous with tenures held by
Barkerville Gold Mines Ltd., give Omineca additiona l exposure to hard rock potential in the Wingdam
area.
About Omineca
Omineca Mining and Metals Ltd. controls a 100% inte rest in the Wingdam Project through its wholly
owned subsidiary CVG Mining Ltd. The 2700 ha Wingd am Project is located 45 km east of Quesnel,
B.C. on the Barkerville Highway and provides a uniq ue opportunity for Omineca to develop near-term
placer gold production in a proven mining district. The property overlies both placer and hard-rock
tenures along the Lightning Creek valley, where top ographic conditions have created a deep overburden
accumulation which effectively resulted in a large portion of the channel being excluded from
conventional surface placer mining activity. This h as left a deep paleo-channel containing undisturbed
gold-bearing gravels. On the Wingdam property, dri lling and previous geophysical surveys indicate tha t
the paleo-channel may occur throughout the entire 2 .4km length of the Wingdam placer tenures,
extending upstream and downstream an undetermined d istance. Numerous attempts have been made to
mine the paleo-channel at Wingdam since the late 18 80s, but all were hampered by an influx of water
and unstable ground conditions and were ultimately abandoned.
Omineca intends to utilize recent technological adv ances in mining to unlock the value of the Wingdam
placer gold. The Wingdam project received final per mitting in January, 2015 to carry out a bulk sample
of the gold bearing Deep Lead Channel along a 300m drift length.
Additional information about Omineca is available at www.sedar.com or www.ominecamining.com.
Signed,
“Charles C. Downie, P.Geo.”
President
Omineca Mining and Metals Ltd.
For further information on Omineca, please contact :
Mike Labach
1 866 HUNT ORE (486 8673)
Email: [email protected] or visit our website at http://www.ominecamining.com/
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the a dequacy or accuracy
of this release. This news release may contain forw ard-looking statements including but not limited to comments regarding
the timing and content of upcoming work programs, g eological interpretations, receipt of property titl es, potential mineral
recovery processes, etc. Forward-looking statements address future events and conditions and therefore , involve inherent
risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.