Nov. 13, 2024 /CNW/ - Omineca Mining and Metals Ltd. reminds holders of the Company's outstanding rights of important, upcoming deadlines and details for the Rights offering announced on October 9, 2024. Pursuant to the Rights Offering shareholders of record on October 15, 2024 received Rights. Each Right entitles the holder to purchase one-third of one unit of Omineca . Holders must exercise three Rights to acquire one [...]
Omineca Mining and Metals Ltd. , is pleased to announce that the steel tunnel liner plate sections required for D&L Mining to initiate operations have arrived on site and preparations are being made to re-commence mining and gravel extraction at the Company's Wingdam underground paleoplacer project located in the Cariboo Mining District of south central British Columbia. Tunnelling operations will be restarted in the open [...]
Omineca Mining and Metals announces that it has made application to the TSXV to extend the expiry date of an aggregate 9,374,999 outstanding common share purchase warrants due to expire Nov 16, 2024. The Warrants were issued in connection with a private placement transaction that closed on Nov 16, 2022, and are currently exercisable at $0.12 per common share. Under the proposed amendment to the Warrants, the Company [...]
Omineca Mining and Metals Ltd. announces that it will be completing a rights offering in which holders of record of the Company's common shares , as at the record date of October 15, 2024, will receive rights to subscribe for units of the Company on the basis of one right for each Common Share held. The Rights Offering will be made in all the provinces and territories of Canada and in such other jurisdictions where [...]
Omineca Mining and Metals Ltd. is pleased to outline the fall lode gold exploration program located in the Cariboo Mining District in south central British Columbia. The exploration program is aimed at locating the hard rock source of the rich underground paleoplacer gold found beneath Lightning Creek at Omineca's separate Wingdam underground placer joint venture project . From previous year's groundwork and drilling [...]
Omineca Mining and Metals Ltd. is pleased to announce that after significant delays during the unseasonably high rainfall this summer, the company's joint venture partner D&L Mining has successfully reached the interior of the paleochannel at the Wingdam Project located in the Cariboo Mining District of south central British Columbia. In an unexpected development, even with heavy rainfall delaying haulage drift [...]
SASKATOON, SK, Aug. 1, 2024 /CNW/ - Omineca Mining and Metals Ltd. is pleased to announce that at the Annual and Special Meeting of Shareholders held July 31, 2024 , 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 [...]
Omineca Mining and Metals is pleased to report that recovery and processing of gold bearing gravels has begun at the Wingdam Paleoplacer project. 10.25 ounces of placer gold with 90.9% Au purity was recovered from the first ~2.5 m of advance at the bedrock contact of the paleochannel in Crosscut #3. The initial thickness of the gravels exposed in the face overlying bedrock was approximately 0.5 - 1.0 m which is expected [...]
Omineca Mining and Metals Ltd. is pleased to report the results from two geotechnical holes drilled on the Company's Wingdam Property located in south-central British Columbia. D&L Mining drilled the two holes, WD23-RC01 and WD23-RC02 in conjunction with a comprehensive underground survey to confirm seismic data and further define the underground placer gold bearing paleochannel at Wingdam in advance of recommencing [...]
Omineca Mining and Metals Ltd. is pleased to report the restart of underground mining operations at Wingdam. All the necessary equipment, consumables, ground support materials and staffing are onsite with mining activities underway as the Company's mining partner advances through bedrock towards channel crosscut #3. Omineca further reports that it's former option partner, Hamilton Gold Royalties has completed its internal [...]
Omineca Mining and Metals Ltd. announces the grant of 5,500,000 stock options pursuant to its stock option plan. 2,500,000 of the options were granted to directors and executive officers, with the balance granted to consultants. The options are exercisable at $0.07 per share and, if not exercised, expire September 27, 2028, subject to earlier expiration in accordance with the stock option plan and the applicable policies [...]
Omineca Mining and Metals Ltd. 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 [...]