Omineca Mining and Metals Ltd V.OMM

Alternate Symbol(s): OMMSF

Metals & Mining Gold

Omineca Mining and Metals Ltd. is a Canada-based junior resource company. The Company's flagship Wingdam gold exploration and placer recovery project is located along the Barkerville Highway 45 kilometers (kms) 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 kms 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. It has exploration and evaluation properties into two geographical locations: British Columbia and the Yukon. In British Columbia, its properties include Abo, Fraser Canyon, Mouse Mountain and Wingdam. In Yukon, its property is Kiwi. The Fraser Canyon consists of around 2,221 hectares of placer claims and leases and 1,221 hectares of mineral claims. It has around 50% interest in the Mouse Mountain project.

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Omineca Mining and Metals Ltd > PP before NR on underground= something went TlTS up

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Comment by porc2019on Oct 02, 2020 3:22pm

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Post# 31659075

RE:RE:PP before NR on underground= something went TlTS up

Mate, CEO said August 6th NR VERY SHORTLY.

PP before NR on underground means there is nothing positive to report on underground. Otherwise they would have released that first and only then done a PP, since they would have gotten a better price.

Its very likely, that something has gone seriously wrong and market will price out the underground possibilities in the coming weeks. That would mean a share price back at the 0.15 cents lvl. Thats over 50% lower.

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