SASKATOON, SK, Sept. 21,
2023 /CNW/ - Omineca Mining and Metals Ltd.
(TSXV: OMM) ("Omineca" or the "Company") is pleased to report that
it has completed its Summer 2023 field program for the Wingdam
exploration project located in the Cariboo Mining District of
south-central British Columbia.
Omineca contracted TerraLogic Exploration of Cranbrook, BC to conduct extensive portions of
the program which included soil geochemical sampling, MMI
sampling/analysis, rock geochemical sampling and geological
mapping. The summer exploration program was specifically aimed at
following up on anomalous gold mineralization encountered in last
year's drill program on the Skopos target. This summer's program
has expanded a favourable mineralized trend extending from previous
drill results near Wingdam Lake in 2020, through last year's
drilling on Skopos and now across Lightning Creek north to the
Ramos Creek area. This northwest mineralized trend now extends
approximately 2,000 meters running parallel to and possibly
affiliated with the Eureka thrust fault, correlating directly with
previous geophysical program data. Details of an upcoming diamond
drill program will be announced as summer results are received and
drill plans finalized.
Recently sampled intersections from drilling at the Skopos
target in 2022 encountered mineralization with anomalous gold
values correlating with both airborne magnetic geophysical and
ground based induced polarity survey anomalies. When compared with
results from 2020 drilling near Wingdam Lake this marked the first
direct correlation between geophysics and gold bearing
mineralization near Wingdam. This relationship when compiled with
previous drilling and rock sampling data is critical in exploring
for gold in the region given the intense vegetation on top of
glacial and post glacial sediments that cover bedrock over the
entire project area. Initial reconnaissance began in May and was
accelerated throughout the months of July and August with a focus
on refining and prioritizing exploration targets aimed at finding
the hard rock source of the placer gold found beneath Lightning
Creek at the Wingdam Underground Placer Project. Recently,
geological crew members have been following up on newfound
outcropping identified during this year's exploration. Sample
results from the initial phase are expected in the coming
weeks.
Coincident with this summer's fieldwork, Omineca and TerraLogic
completed an extensive review of Omineca's previous exploration
work evaluating geochemical and geophysical data as well as diamond
drill program results over expansive areas around Ramos Creek, Pine
Grove Mountain, The Sanderson Mine, the Skopos and Mary Creek target areas. This analysis of the
previous reconnaissance work and earlier drilling has refined and
narrowed five additional target areas with a particular focus on
structural relationships, crosscutting lithological boundaries and
potential mineralized structures at intersections of numerous
magnetic anomalies in each area.
Paleoplacer Project
Update
Omineca will be providing a separate update on the progress at
the Wingdam underground paleoplacer gold project once the Company's
partner finalizes the timeline for initiating placer recovery
operations. In this regard, crews have completed a comprehensive
underground survey of the existing workings and initiated a program
of geotechnical drilling both from surface and underground to
further delineate the course of the gold bearing paleochannel in
advance of mining operations.
About Omineca Mining and Metals
Ltd.
Omineca Mining and Metals Ltd.'s flagship Wingdam gold
exploration and placer recovery projects are 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.
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future events, or otherwise, except as required by applicable
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SOURCE Omineca Mining and Metals Ltd