Omineca Extends Placer Holdings to Over 15 km Along Lightning Creek at Wingdam
Omineca Extends Placer Holdings to Over 15 km Along Lightning Creek at Wingdam
Saskatoon, SK. February 25, 2020 – Omineca Mining and Metals Ltd. (TSX -V: OMM)
(“Omineca” or the “Company”) announces that it has acquired an additional 720 hectares of
strategic placer claims along Lightning Creek at its Wingdam Gold Project (“Wingdam”) in the
Cariboo Mining District of British Columbia . Acquired from a private land holder , this addition
brings the total placer claim and le ase holdings at Wingdam to 1,380.85 hectares. The claims
adjoin OMM’s existing placer holdings at Wingdam and extends the Company’s placer tenures
covering over 15 linear kilometers of potential paleochannel along Lightning Creek toward
Barkerville.
With over 39,000 contiguous hectares of (hard rock) mineral claims underlying and surrounding
the 1,380 hectares of placer claims, Omineca has become one of the dominant placer development
and lode gold exploration companies in the heart of the historic Cariboo Mining District of British
Columbia.
About Omineca Mining and Metals Ltd.
Omineca Mining and Metals Ltd. controls a 100% interest in the flagship Wingdam Project and a
100% interest in the Fraser Canyon Project through its wholly owned subsidiary CVG Mining Ltd.
The Wingdam Project is located 45 km east of Quesnel B.C. on the Barkerville highway. The
property includes both placer and hard- rock tenures along the Lightning Creek valley, where
topographic conditions created a thick overburden which preserved a large portion of the channel
from conventional surface placer mining activity.
For further information, please contact:
Tom MacNeill
President and CEO
306-653-2692
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 sta tements. The forward- looking events and
circumstances discussed in this release may not occur and could differ materially as a result of the failure
to consummate the project financing, the economic feasibility of the Wingdam Project, known and unknown
risk factors and uncertainties affecting Omineca, including risks regarding the resource industry, economic
factors and the equity markets generally and many 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.