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

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Post by TELEMARKERon Dec 22, 2024 2:48pm

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MD&A salaries

The Corporation has standard compensation agreement to pay its CEO $20,000 (2023 - $20,000) per month as compensation and the CFO is compensated $10,000 per month (2023 - $10,000) for services as an officer of the Corporation. Payments totalling 270,000 (2023 - $270,000) were paid or accrued in the period.

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