Omineca Identifies Hardrock Gold Targets At Wingdam Placer Project
Omineca Identifies Hardrock Gold Targets At Wingdam Placer Project
Saskatoon, SK. February 7, 2019 – Omineca Mining and Metals Ltd. (TSXV: OMM)
(“Omineca” or the “Company”) reports that a UAV-MAG survey completed in August 2018 at the
Wingdam gold project in the Cariboo gold district of British Co lumbia has shown magnetic
lineaments that together with data compilation have developed drill targets for both the Wingdam
and Fraser Canyon properties. The 2018 exploration focussed on identifying bedrock hosted gold
targets as potential sources for placer gold historically found on these properties. Eight compelling
targets were identified bearing similar structural controls to the gold hosted at Barkerville Gold
Mine’s Cariboo project located 25 km east-northeast of Wingdam.
On the Wingdam property in 2012, the Company completed a bulk sample successfully recovering
5.4 kilograms of raw placer gold from a single 23.5 meter by 2. 44 meter wide drift across the
underground channel that runs 2.4 kilometers through the Wingdam hard rock and placer claims.
The Fraser Canyon property similarly has a long history of plac er mining dating back to the gold
rush of the late 1800’s. The exploration programs on Fraser Canyon will focus both on identifying
prospective placer gold as well as drilling potential hard rock gold targets displaying similar Riedel
style slip faults identified at Wingdam and analogous to Barkerville Gold’s Cariboo project.
The 2018 survey was flown by Pioneer Aerial Surveys Ltd. of Reg ina, SK with analysis and
compilation completed by Axiom Group of Companies Ltd. of Saskatoon, SK.
A total of 8 bedrock priority exploration targets were identifi ed by the program; four on the
Wingdam Property and four on the Fraser Canyon Property. Among the recommendations was to
drill several NW striking faults where they intersect NE trendi ng faults. Several areas of Riedel
style strike-slip deformation along NW trending regional faults were identified. This structural
pattern is indicative of Riedel style strike-slip deformation t hat would produce sub-vertical ore
chutes, similar structural controls of gold hosted at Barkerville.
Future work plans to be finalized include:
A Resistivity/IP survey or VTEM survey on the areas of interest in the Wingdam and Fraser
Canyon project lands in order to prioritize prospective structural trends for future drilling.
Drilling NW striking faults whe re they intersect NE trending fa ults identified. This
structural pattern is indicative of Riedel style strike-slip deformation that can produce sub-
vertical ore chutes, similar to structurally controlled gold at Barkerville Gold Mines’
Cariboo project.
Completion of a 3D inversion of the 2018 UAV-MAG data from the Fraser Canyon
property, to apply in exploration for placer gold.
Re-examination of the data from the 2013 Resistivity/IP survey to fine tune the magnetic
interpretation prior to drilling the targets on the Fraser Canyon property. A priority should
be given to lineaments interpreted to lie at an R’ orientation to the primary NW trend that
also have an associated IP response as this could be indicative of a mineralizing system.
Omineca is also pleased to announce the appointment of Dr. Stewart A. Jackson, PGeo. a Qualified
Person (“QP”) as defined by National Instrument 43-101, as a Technical Advisor to the Company.
Dr. Jackson has over 50 years experience in minerals exploration in a variety of deposit types, and
in many areas of the world. He has worked with both major and junior companies, as an employee
and as a principal. He is responsible for the discovery and de velopment of numerous mineral
deposits in particular a series of gold deposits, including the Buckhorn in the Republic District of
Washington produced by Kinross Gold, and the large Viken vanadi um-nickel-zinc-uranium
deposit in Sweden now under development by EU Energy.
About Omineca Mining and Metals Ltd.
Omineca Mining and Metals Ltd. controls a 100% interest in the Wingdam Project through its
wholly owned subsidiary CVG Mining Ltd. The 2700 ha Wingdam Project is located 45 km east
of Quesnel B.C. on the Barkerville highway and provides a uniqu e 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 topographic 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 press release was prepared and approved by Dr. Stewart A. Jackson, PGeo., a Qualified
Person as defined by National Instrument 43-101.
For further information, please contact:
Omineca Mining and Metals Ltd.
Tom MacNeill
President and CEO
306-653-2692
Forward Looking Statements
This release includes forward‐looking statements regarding Omin eca and its business. Such statements
are based on the current expectations and views of future event s 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 c ould 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 othe r factors beyond the control of
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which they are made and Omineca undertakes no obligation to pub licly 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.
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