Omineca Successfully Enters Placer Gold Paleochannel at Wingdam
Omineca Successfully Enters Placer Gold
Paleochannel at Wingdam
SASKATOON, SK
,
March 2, 2023
/CNW/ - Omineca Mining and Metals Ltd. (TSXV: OMM)
("Omineca" or the "Company") is pleased to report that their Joint Venture partner, Hamilton Gold
Royalties ("HGR"), and mining contractor Fortis Mining Engineering and Manufacturing ("Fortis")
have successfully entered the placer gold bearing paleochannel at the Wingdam underground
project, located 40 km east of
Quesnel, British Columbia
. Fortis reports that they are seeing placer
gold in the paleochannel gravels similar in character and size to the gold recovered in the 2012 bulk
sample. The gold bearing material is being stockpiled in a remuck station, purpose cut into bedrock
underground and will be processed through the wash plant in due course. The results of placer gold
recovery will be announced as they are tabulated.
(CNW Group/Omineca Mining and Metals Ltd)
Given their careful planning and meticulous attention to detail, Omineca is very pleased with Fortis's
execution to date. With the presence of visible placer gold upon entering the paleochannel in bedrock
faults and the nearside extremity of the channel bed, the Company looks forward to the prospects of
excavating the gravels from the central portion of the channel, where the majority of the placer gold
was recovered in the 2012 bulk sample.
(CNW Group/Omineca Mining and Metals Ltd)
Fortis has temporarily paused this heading after successfully entering the paleochannel in order to
advance the footwall access/haulage drift a further 20 meters downstream (to the left of above
photos) having completed approximately 10 meters of that in the past week. Once the access drift is
extended, Fortis will begin another crosscut and then advance into the heart of the channel on
multiple headings to excavate the gold bearing gravels between crosscuts.
Fortis has doubled their workforce and are now running day and night shifts as mining operations
continue. In addition to extending the access/haulage drift further downstream, the drift was
substantially widened and improved to allow ample space to concurrently initiate multiple crosscuts
while continuously advancing the footwall drift. This additional foundational work will allow Fortis to
undertake the paleochannel excavation as a whole in an efficient manner rather than just a single
crosscut at a time.
In order to expedite advancement through harder than expected quartzite in bedrock sections, Fortis
has begun utilizing drill and blast methods in combination with mechanical mining as well as adding a
second road header and an underground jumbo drill. The addition of the smaller Alpine road header
is ideally suited for mining within the paleochannel. To ensure the stability of the interior of the
paleochannel, Fortis is utilizing spilings, grout, special shotcrete formulations, and steel sets (see
photos) in place of the ground freezing technology that was used in the 2012 bulk sample.
About Omineca Mining and Metals Ltd.
Omineca Mining and Metals Ltd.'s flagship Wingdam gold exploration and placer recovery project is
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.
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.
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 as a result of the failure to secure TSX Venture Exchange of
the grant of options 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.
SOURCE
Omineca Mining and Metals Ltd
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For further information:
Tom MacNeill, President and CEO, 306-653-2692
CO: Omineca Mining and Metals Ltd
CNW 08:30e 02-MAR-23