Omineca Expands Diamond Drilling Program at Wingdam

SASKATOON, SK, Dec. 17, 2024 /CNW/ - Omineca Mining and Metals Ltd. (TSXV: OMM) (OTCQB: OMMSF) ("Omineca" or the "Company"), is pleased to report that the second drill rig (see news release December 5, 2024) has completed its 3^rd hole, a scissor-hole to WD24-38 added to test the down dip extension of veins observed in that hole. The second rig has now commenced its 4^th hole of the program. With the first drill rig on its 4^th hole, 8 diamond drill holes will be completed before the holiday break.

All drill holes to date have encountered wide zones of quartz carbonate sericite alteration with some quartz veins containing various concentrations of localized semi-massive to massive sulphide mineralization (see photos below). Of note, samples from several holes will be metallic screen assayed for coarse gold.

The program has been expanded from 10 to 17 holes and up to 10,000 meters. The first drill hole has been logged, sampled and shipped for assay with logged samples from the second and third holes expected to ship this week. Drilling will recommence in the new year and results will be announced as they are received and analysed.

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 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.

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 with 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.