SASKATOON, SK, Sept. 29, 2022 /CNW/ - Omineca Mining and Metals
Ltd.'s (TSXV: OMM) ("Omineca" or the "Company") and their Joint
Venture partner Hamilton Gold Royalties ("HGR") are pleased to
announce that the lead underground mining contractor for its
Wingdam Paleoplacer joint venture, Lightning Creek Mining Corp
("LCM") has engaged Fortis Mining Engineering and Manufacturing
("Fortis"), to provide additional mining services. LCM & Fortis
report that mining activities and the processing plant are fully
operational and that, in cooperation with provincial mines
regulators, LCM has updated the mine plan and plant for optimal,
continuous go-forward operations.
Fortis has now advanced several meters into the paleochannel
while continuing to grout and drain the bedrock interface.
Currently, at the interface and above the pay gravels, Fortis is
reinforcing the area at the paleochannel's bedrock contact with
grout, steel sets and cement to remediate expected ground water
inflows. Following the fortification of this section while
carefully monitoring water and material, Fortis will advance into
the pay zone, feed the pay gravel to the wash plant, and continue
across the channel. Extensive advance drilling indicates
drier material through the channel until the crosscut reaches the
opposite rim.
The wash plant, an in-house, custom-made trommel, sluice and
boil box system, has now been reconfigured, optimized, and is
operating well. Interestingly, during test runs of the plant using
presumed non gold-bearing material (bedrock cuttings and material
from layers above the pay gravels) flake and fine placer gold was
recovered.
Mr. Ken Hamilton, president of
Lightning Creek Mining, "We are very pleased to bring Fortis in as
our lead underground mining contractor. Their scale, innovation and
experience are ideally suited to execute this unusual but high
reward task. We are highly confident that we will achieve a
sustainably accelerated mining and processing pace from here on as
the base crosscut is established. I look forward to having them
continue here at Wingdam and with related projects going
forward."
About Fortis
Fortis Mining Engineering and Manufacturing is a privately owned
company based out of Saskatoon,
SK. that provides mining, engineering, and manufacturing
services to the mining and construction industries. The company has
a global focus that offers contracting, subcontracting and
consulting services to a wide range of customers. Fortis is
comprised of 6 divisions: Mining, Engineering, Manufacturing &
Fabrication, Health & Safety, Equipment Testing &
Recertification and Mechanical Services. For more
information, visit Fortis's website here:
fortiscorporation.com.
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 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.
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