Omineca Expands Diamond Drilling Program at Wingdam
Omineca Expands Diamond Drilling Program
at Wingdam
SASKATOON, SK
,
Dec. 17, 2024
/CNW/ - Omineca Mining and Metals Ltd. (TSXV: OMM)
(OTCQB: OMMSF) ("Omineca" or the "Company"), is pleased to report that the second drill rig (see
news release
December 5, 2024
) has completed its 3
rd
hole, a scissor-hole to WD24-38 added to
test the down dip extension of veins observed in that hole. The second rig has now commenced its
4
th
hole of the program. With the first drill rig on its 4
th
hole, 8 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 (see photos below). 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 meters. 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 analysed.
Photo 1: Intercepts of parallel, high angle quartz veins in siltstone host rock containing sericite
alteration and shearing in hole WD24-38. (CNW Group/Omineca Mining and Metals Ltd.)
Photo 2: Closeup vuggy quartz vein with pyrite mineralization in hole WD24-38. (CNW
Group/Omineca Mining and Metals Ltd.)
Photo 3: Closeup vuggy quartz vein with pyrite mineralization in hole WD24-38. (CNW
Group/Omineca Mining and Metals Ltd.)
Photo 4: High angle quartz sericite-pyrite mineralization in hole WD24-38. (CNW Group/Omineca
Mining and Metals Ltd.)
Photo 5: Close up of fibrous mineralization in hole WD24-38. (CNW Group/Omineca Mining and
Metals Ltd.)
Photo 6: High angle quartz vein crosscutting foliation in hole WD24-39. (CNW Group/Omineca Mining
and Metals Ltd.)
Photo 7: Quartz vein (25 cm) containing fuchsite and semi-massive pyrite in hole WD24-35. (CNW
Group/Omineca Mining and Metals Ltd.)
Photo 8: Closeup of semi massive sulphide mineralization in hole WD24-39. (CNW Group/Omineca
Mining and Metals Ltd.)
Photo 9: Microscopic view of mineralization in hole WD24-35. (CNW Group/Omineca Mining and
Metals Ltd.)
Photo 10: Microscopic view of mineralization in hole WD24-35. (CNW Group/Omineca Mining and
Metals Ltd.)
Qualified Person
All scientific and technical information in this news release has been prepared by, or approved by
Stephen Kocsis
, P.Geo., 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 Mining and Metals Ltd.'s flagship Wingdam gold exploration and placer recovery projects
are located along the Barkerville Highway 45 km east of the
City of Quesnel
. The Wingdam Property
includes mineral tenures totaling over 61,392 hectares (613 square kms) and in excess of 15 linear
kilometers 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 underway exploring for the potential multiple hard rock sources of the placer
gold at Wingdam.
Forward Looking Statements
This release includes forward-looking statements regarding Omineca and its business. Such
statements are based on the current expectations and views of future events of Omineca's
management. In some cases, the forward-looking statements can be identified by words or
phrases such as "may", "will", "expect", "plan", "anticipate", "intend", "potential", "estimate",
"believe" or the negative of these terms, or other similar expressions intended to identify forward-
looking statements. The forward-looking events and circumstances discussed in this release may
not occur and could differ materially with other factors beyond the control of Omineca. No
forward-looking statement can be guaranteed. Forward-looking statements and information by
their nature are based on assumptions and involve known and unknown risks, uncertainties and
other factors which may cause our actual results, performance or achievements, or industry
results, to be materially different from any future results, performance or achievements expressed
or implied by such forward-looking statement or information. Accordingly, readers should not
place undue reliance on any forward-looking statements or information. Forward-looking
statements speak only as of the date on which they are made and Omineca undertakes no
obligation to publicly update or revise any forward-looking statement, whether as a result of new
information, future events, or otherwise, except as required by applicable securities laws.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined
in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE
Omineca Mining and Metals Ltd.
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For further information:
For further information, please contact: Tom MacNeill, President and
CEO, 306-653-2692
CO: Omineca Mining and Metals Ltd.
CNW 09:00e 17-DEC-24