Omineca Increases Gold Exploration Claims 13-fold at Wingdam
Omineca Increases Gold Exploration Claims 13-fold at Wingdam
Saskatoon, SK. January 17, 2020 – Omineca Mining and Metals Ltd. (TSX-V: OMM)
(“Omineca” or the “Company”) an nounces that it has staked an additional 36,000 hectares of
mineral claims at Wingdam, British Columbia . Omineca now holds 10 0% ownership of over
39,000 contiguous hectares at its Wingdam project, in addition to the placer claims comprising the
Wingdam underground alluvial gold recovery project. Based on the Company’s own geophysical
work from 2018/19 and the review of available SKYTem geophysical data and regional geology,
the Company has identified multiple targets for its 2020 lode gold exploration program.
The geological similarities and location parallel to the multi-million ounce gold resource at Osisko
Gold Royalties’ Cariboo Gold Project (formerly Barkerville Gold Mines) provides an exciting
exploration opportunity for Omin eca. The newly acquired claims significantly expands the
inventory of target structures that will be subject to the upcoming exploration and drilling program
at the Wingdam gold project. The program will specifically target disseminated gold
mineralization within the phyllite bedrock units as well as gold a ssociated with quartz veining
found at Wingdam and the surrounding area.
Qualified person
Dr. Stewart A. Jackson, PGeo, is a Qualified Person within the context of National Instrument 43-
101 and has prepared, read and approved the technical aspects of this news release.
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 2700 ha 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 reg arding 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-lo oking statements. 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 ot her factors beyond the control of Omineca. No
forward-looking statement can be guaranteed. Forw ard-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 in dustry results, to be materially
different from any future results, performance or ac hievements 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 Servi ces Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts res ponsibility for the adequacy or accuracy of this
release.