Omineca's Lode Gold Exploration Drill Program Underway at Wingdam
Omineca's Lode Gold Exploration Drill
Program Underway at Wingdam
SASKATOON, SK
,
Sept. 30, 2022
/CNW/ - Omineca Mining and Metals Ltd. (TSXV: OMM)
(OTCBB: OMMSF) ("Omineca" or the "Company") is pleased to announce that its 2022 lode gold
drill program is underway, targeting the bedrock source of the rich placer gold found beneath the
Lighting Creek valley at the underground Wingdam paleoplacer mining project in the Cariboo Mining
District of south-central
British Columbia
. The drill program commenced at the Skopos target,
located on the valley top, immediately to the south of the Wingdam mine portal. The program will
continue at Mary Creek, located on geological trend northwest of Wingdam, which is another historic
placer gold producing area with limited to no hard rock exploration. It is anticipated that the drilling
programs will be completed by early November with assays to follow once received and compiled.
Skopos
Skopos is a hydrothermal gold deposition target identified following a compilation and analysis of
mapping and sampling data, previous drilling and new ground geophysical survey results for Induced
Polarity and various magnetic signatures. The Skopos target is located approximately 900 meters
south of the Wingdam mine in an area of heavy overburden cover with limited outcrop exposure. The
drill program is designed to test a number of geophysical targets both within and adjacent to the
Eureka thrust fault. The southwest dipping Eureka thrust fault marks the contact between the
Barkerville Sub-terrane quartzites of the Ramos succession and the structurally overlying Quesnel
Terrane strata consisting of less deformed, variably phyllitic, carbonaceous siltstones. The Crooked
Amphibolite occurs as discontinuous, strongly deformed, metamorphosed, and altered lenses of
ultramafic and mafic volcanic rocks along the Eureka Thrust.
Early observations in drilling at Skopos show visual indications of highly altered volcanic rocks with
showings of finely disseminated to narrow intervals of massive sulphide mineralization. Indications of
massive sulphide mineralization and variable alteration has been consistently noted in Skopos drill
holes, e.g., a hole targeting an Induced Polarization Chargeability anomaly, flanking the north side of
the Eureka thrust fault, contained massive sulphides intersecting altered Ramos metasediments in a
section containing graphitic pelite zones. Not observed before, flanking to the north of the massive
sulphides was an intensely sericitic bleached section cut by narrow quartz veins with pyrite and a
trace of a silvery mineral, potentially arsenopyrite which is commonly associated with hydrothermal
gold deposits. Approximately 1,400 meters of drilling in 7 drill holes has been completed at the
Skopos target area. Logging and sampling are underway and will be sent for assay.
Mary Creek
The Mary Creek targets occur in a similar geological setting as observed in the Skopos area and are
located approximately 6 kilometers northwest of the Wingdam mine. In this area, a historical sonic
drilling program for placer gold intersected quartz veining with attendant pyrite and arsenopyrite
mineralization in bedrock proximal to overlying overburden. Two targets will be drill tested where the
mineralization was encountered in the sonic drill holes and has been correlated with recent
geophysical survey results (IP and Mag), MMI soil sampling, and geological mapping conducted by
the Company this season. Approximately 1,400 meters of drilling in 6 to 7 holes is planned to test
the Mary Creek targets.
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 project is
located along the Barkerville Highway 45 kilometers east of the
City of Quesnel
. The Wingdam
Property includes mineral tenures totaling over 61,392 hectares (613 square kilometers) 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 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 30-SEP-22