Omineca Country

Omineca Intercepts 8 Meters of 25.41 g/m3 Placer Gold in Geotechnical Drilling from the Wingdam Underground Placer Gold Project

Retrieved on: 
Wednesday, February 7, 2024

Of note, drill hole 23-02 (see tables below) recorded 8 vertical meters of gold bearing gravels above the underground channel floor, yielding an average of 25.41 g/m3 (0.82 oz/m3) of placer gold.

Key Points: 
  • Of note, drill hole 23-02 (see tables below) recorded 8 vertical meters of gold bearing gravels above the underground channel floor, yielding an average of 25.41 g/m3 (0.82 oz/m3) of placer gold.
  • The 1.2-meter-thick gold enriched zone of the bulk sample included approximately 0.2 meters of bedrock where significant gold was found trapped in fractures and gouges.
  • 25 meters north-northeast of hole 23-02) but still produced a 3 meter intercept of gold enriched gravels.
  • An assessed placer gold purity of 90.9% (fineness 909) is used to calculate pure gold in grams recovered.

Omineca Intercepts 8 Meters of 25.41 g/m3 Placer Gold in Geotechnical Drilling from the Wingdam Underground Placer Gold Project

Retrieved on: 
Wednesday, February 7, 2024

Of note, drill hole 23-02 (see tables below) recorded 8 vertical meters of gold bearing gravels above the underground channel floor, yielding an average of 25.41 g/m3 (0.82 oz/m3) of placer gold.

Key Points: 
  • Of note, drill hole 23-02 (see tables below) recorded 8 vertical meters of gold bearing gravels above the underground channel floor, yielding an average of 25.41 g/m3 (0.82 oz/m3) of placer gold.
  • The 1.2-meter-thick gold enriched zone of the bulk sample included approximately 0.2 meters of bedrock where significant gold was found trapped in fractures and gouges.
  • 25 meters north-northeast of hole 23-02) but still produced a 3 meter intercept of gold enriched gravels.
  • An assessed placer gold purity of 90.9% (fineness 909) is used to calculate pure gold in grams recovered.

CSE Bulletin: New Listing - Miata Metals Corp. (MMET)

Retrieved on: 
Wednesday, July 19, 2023

Toronto, Ontario--(Newsfile Corp. - Le 19 juillet/July 2023) - The common shares of Miata Metals Corp. have been approved for listing on the CSE.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - Le 19 juillet/July 2023) - The common shares of Miata Metals Corp. have been approved for listing on the CSE.
  • Miata Metals Corp. is a junior mining company engaged in the acquisition, exploration and development of mineral projects.
  • Les actions ordinaires de Miata Metals Corp. ont été approuvées pour inscription à la CSE.
  • Miata Metals Corp. est une petite société minière engagée dans l'acquisition, l'exploration et le développement de projets miniers.

Omineca Announces Upsized and Fully Allocated $2.8 Million Brokered Financing of Flow-Through Units

Retrieved on: 
Thursday, March 9, 2023

SASKATOON, Saskatchewan, March 09, 2023 (GLOBE NEWSWIRE) -- Omineca Mining and Metals Ltd. (“Omineca” or the “Company”) (TSXV:OMM) is pleased to announce that, due to strong investor demand, it is increasing the size and has fully allocated its previously announced brokered private placement offering (the “Offering”) for aggregate gross proceeds of up to approximately $2.8 million of flow-through units of the Company (each, a “FT Unit”) at a price of $0.11 per FT Unit. The Offering is led by Research Capital Corporation as the sole agent and sole bookrunner (the “Agent”).

Key Points: 
  • The Offering is led by Research Capital Corporation as the sole agent and sole bookrunner (the “Agent”).
  • If the Agent’s Option is exercised in full, the aggregate gross proceeds to the Company will be approximately $3.22 million.
  • The FT Units offered under the Listed Issuer Financing Exemption will not be subject to resale restrictions pursuant to applicable Canadian securities laws.
  • The Offering is anticipated to close on or about March 22, 2023 (“Closing”), or such later date as the Company may determine.

Omineca Announces $2 Million Brokered Financing of Flow-Through Units

Retrieved on: 
Wednesday, March 8, 2023

SASKATOON, Saskatchewan, March 08, 2023 (GLOBE NEWSWIRE) -- Omineca Mining and Metals Ltd. (“Omineca” or the “Company”) (TSXV:OMM) is pleased to announce that it has entered into an agreement with Research Capital Corporation as the sole agent and sole bookrunner (the “Agent”) in connection with a brokered, best-efforts basis, private placement offering (the “Offering”) of flow-through units of the Company (each, a “FT Unit”) at a price of $0.11 per FT Unit, for gross proceeds of up to $2,000,000.

Key Points: 
  • The Offering will be conducted pursuant to the amendments to National Instrument 45-106 – Prospectus Exemptions (“NI 45-106”) set forth in Part 5A thereof (the “Listed Issuer Financing Exemption”) to purchasers resident in Canada, except Québec.
  • The FT Units offered under the Listed Issuer Financing Exemption will not be subject to resale restrictions pursuant to applicable Canadian securities laws.
  • The Offering is anticipated to close on or about March 22, 2023 (“Closing”), or such later date as the Company may determine.
  • Omineca advises that the insiders of the company may participate in the Offering, which will be completed pursuant to available related party exemptions under Multilateral Instrument 61-101.

CSE Bulletin: New Listing - JKS Resources Inc. (JKS)

Retrieved on: 
Monday, November 28, 2022

Toronto, Ontario--(Newsfile Corp. - le 28 novembre/November 2022) - The common shares of JKS Resources Inc. have been approved for listing on the CSE.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - le 28 novembre/November 2022) - The common shares of JKS Resources Inc. have been approved for listing on the CSE.
  • JKS Resources Inc. (JKS) was incorporated in British Columbia, Canada and is engaged in the business of exploration of gold focused mineral properties.
  • Les actions ordinaires de JKS Resources Inc. ont t approuves pour inscription la CSE.
  • JKS Resources Inc. ( JKS ) a t constitue en Colombie-Britannique, au Canada, et se consacre l'exploration de proprits minires axes sur l'or.

Karus Gold Drills 13.9 Meters of 3.01 g/t Gold within Broader Interval of 74.3 Meters of 1.06 g/t Gold at FG Gold

Retrieved on: 
Wednesday, May 18, 2022

Results confirm 200 m minimum strike length of high-grade corridor below FG Gold.

Key Points: 
  • Average grades are calculated with un-capped gold assays, as insufficient drilling has been completed to determine capping levels for higher grade gold intercepts.
  • The FG Gold property straddles the boundary between the Omineca and Intermontane tectonic belts of the Canadian Cordillera.
  • Rocks that host FG Gold are predominantly black ("knotted") phyllites of the Middle Triassic Slocan Group (Quesnel Terrane).
  • Gold mineralization at FG Gold is contained in a quartz-carbonate-gold vein system and considered to be a sediment-hosted orogenic gold deposit.

CSE Bulletin: New Listing - Gold Tree Resources Ltd. (GTX)

Retrieved on: 
Monday, March 28, 2022

Toronto, Ontario--(Newsfile Corp. - le 28 mars/March 2022) - The common shares of Gold Tree Resources Ltd., have been approved for listing on the CSE.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - le 28 mars/March 2022) - The common shares of Gold Tree Resources Ltd., have been approved for listing on the CSE.
  • Gold Tree Resources Ltd., is an exploration stage natural resource company engaged in the evaluation, acquisition and exploration of mineral resource properties with the intention, if warranted, of placing them into production.
  • Les actions ordinaires de Gold Tree Resources Ltd., ont t approuves pour inscription la CSE.
  • Si la proprit n'est pas juge viable, la Socit explorera les possibilits d'acqurir des intrts dans d'autres proprits d'exploration minire.

Recharge Resources Provides Corporate Update

Retrieved on: 
Tuesday, February 1, 2022

VANCOUVER, British Columbia, Feb. 01, 2022 (GLOBE NEWSWIRE) -- Recharge Resources Ltd. (RR : TSX-V) (SLLTF : OTC) (SL5 : Frankfurt) (Recharge or the Company) is pleased to provide an update on its multiple battery metals projects and outlook for upcoming 2022 exploration season.

Key Points: 
  • VANCOUVER, British Columbia, Feb. 01, 2022 (GLOBE NEWSWIRE) -- Recharge Resources Ltd. (RR : TSX-V) (SLLTF : OTC) (SL5 : Frankfurt) (Recharge or the Company) is pleased to provide an update on its multiple battery metals projects and outlook for upcoming 2022 exploration season.
  • President & CEO of Recharge, Yari Nieken, commented: We have multiple highly-prospective battery metals exploration projects underway, targeting lithium, nickel, copper, gold and palladium in active mining camps.
  • A phase 1 exploration program is now being planned to test both claim blocks throughout the active 2022 season.
  • Recharge Resources is a Canadian mineral exploration company focused on exploring and developing the production of high-value battery metals to create green, renewable energy to meet the demands of the advancing electric vehicle and fuel cell vehicle market.

Nickel Rock Provides An Update On Its Nickel Properties In British Columbia

Retrieved on: 
Wednesday, October 20, 2021

On September 3, 2021, the Company announced ( News Release ) that it has completed the second phase of the its initial exploration program has been completed on its Nickel exploration claims located in northern British Columbia, Canada.

Key Points: 
  • On September 3, 2021, the Company announced ( News Release ) that it has completed the second phase of the its initial exploration program has been completed on its Nickel exploration claims located in northern British Columbia, Canada.
  • The BC Nickel Exploration Project (the "Project") consists of four non-contiguous mineral claims groups held by Nickel Rock Resources Inc. through three separate agreements.
  • The subject claims are partially underlain by rocks like those hosting the Decar project of FPX Nickel where mineralization includes nickel, cobalt, and chromium.
  • The presence of serpentinized ultramafic rocks has been repeatedly documented in the areas covered by the claims of the Nickel Rock Projects, as well as at FPX Nickel Corp.'s Decar Project (Dipple, G.