Omineca Mining and Metals Ltd. announces the grant of 1,300,000 stock options pursuant to its stock option plan. 300,000 of the options were granted to directors and executive officers, with the balance granted to consultants. The options are exercisable at $0.20 per share and, if not exercised, expire January 13, 2027, subject to earlier expiration in accordance with the stock option plan and the applicable policies of [...]
Omineca Mining and Metals Ltd. announces the closing of its previously announced non-brokered private placement of 6,250,000 flow-through units of the Company for gross proceeds of $1,000,000. The gross proceeds received by Omineca from the sale of the FT Units will be used to incur eligible "Canadian exploration expenses" that are "flow-through mining expenditures". Omineca will renounce such CEE to the purchasers of the [...]
Omineca Mining and Metals's announces that the Company's joint venture partner and mining contractor, Lightning Creek Mining has begun it's hydraulic grouting operations for Omineca's Wingdam underground Paleoplacer project located in the Cariboo Mining District. Grout holes above the crosscut working space are currently being drilled to be followed by a grout curtain hydraulically pumped into place, a setting up period [...]
Omineca Mining and Metals announces a non-brokered private placement of 6,250,000 flow-through units of the Company at a price of $0.16 per FT Unit for gross proceeds of $1,000,000. Each FT Unit consists of one "flow-through" common share of the Company that will qualify as a "flow through share" within the meaning of subsection 66 of the Income Tax Act and one-half of one common share purchase warrant . Each Warrant is [...]
Omineca Mining and Metals Ltd.'s reports that it has finished compiling the data from its 2021 exploration programs targeting potential lode gold sources of the Paleoplacer gold at the company's Wingdam Project in the Cariboo Mining District in South Central British Columbia. The 2021 program was significantly expanded over the previous year's exploration program and entailed detailed geophysics, rock, soil, and stream [...]
Omineca Mining and Minerals is pleased to announce that at the Annual and Special Meeting of Shareholders held Nov 18, 2021, the Company's shareholders re-elected Tom MacNeill, Andrew Davidson, and Sylvain Laberge as the Company's directors. Omineca also reports the resolutions re-appointing Crowe MacKay LLP as auditors for the Company and approving the continuation of the Company's stock option plan were all approved [...]
Omineca Mining and Metals Ltd. announces that final preparations for the mining operations of its bulk sampling program have begun at the Wingdam underground Paleoplacer project located in the Cariboo Mining District. Omineca's joint venture partner and mining contractor, now combined under the name Lightning Creek Mining, has completed dewatering and rehabilitating the 550-meter decline down to the mining face. Staging [...]
Omineca Mining and Metals Ltd. has approved the grant of 2,100,000 stock options pursuant to the Company's Stock Option Plan. 1,000,000 of the options were granted to Management, Officers and Directors, with the balance being granted to consultants. The options are exercisable at $0.25 per share and, if not exercised, expire July 26, 2026, subject to earlier expiration in accordance with the Stock Option Plan and the [...]
Omineca Mining and Metals Ltd. is pleased to announce the appointment of Mr. Dale J Schultz, M.Sc., P.Geo., as Senior Geological Advisor for the Company's Wingdam Gold exploration project located 45km east of Quesnel, BC, in the Cariboo Mining District. Omineca has commenced its 2021 drilling and exploration program, following up on the Company's recently completed maiden program which was designed to define prospective [...]
Omineca Mining and Metals Ltd. is pleased to announce that it has appointed Mr. Bill Van Breugel, P. Eng., as the Company's Lead Technical Advisor for the Wingdam underground placer gold bulk sampling program, currently underway and located 45 km east of Quesnel, BC, in the Cariboo Mining District. Working closely with Omineca's joint venture partner's management, engineers and underground mining team, Mr. Van Breugel [...]
Omineca Mining and Metals Ltd. has approved the grant of 400,000 stock options pursuant to the Company's Stock Option Plan. All the options were granted to consultants retained by the Company. The options are exercisable at $0.25 per share and, if not exercised, expire May 31, 2026, subject to earlier expiration in accordance with the Stock Option Plan and the applicable policies of the TSX Venture Exchange. About Omineca [...]
Omineca Mining and Metals Ltd. , is pleased to announce the results from its recent 2,000 metre drill campaign at the Mouse Mountain project located approximately 15 kilometers due west of Omineca's Wingdam gold project in the Cariboo Mining District of south-central BC. Highlights include drillhole MM21-04, which intercepted 12 metres of 0.156% copper followed by 28 metres of 0.104% copper and a separate 3.2 metre [...]