Omineca begins placer gold recovery at Wingdam

Executive Summary

• Omineca Mining and Metals Ltd. has commenced placer gold recovery operations at its Wingdam underground paleoplacer project in the Cariboo mining district, British Columbia.
• D&L Mining has entered the paleochannel and is currently processing placer gold-bearing gravels from crosscut 3A using Omineca’s water washplant and gold shaker table.
• Initial recovery results are consistent with historical data from the 2012 test crosscut, showing expected gold sizes and shapes at the periphery of the channel.

Key Details

• Location: Wingdam underground paleoplacer project, Cariboo mining district, south-central British Columbia.
• Operational Activity: Placer gold recovery has begun; D&L Mining is processing gravels from crosscut 3A.
• Recovery Method: Utilization of Omineca’s water washplant and gold shaker table.
• Initial Results:
  • Gold size and shape resemble those recovered from the 2012 test crosscut.
  • Initial amounts correlate with 2012 crosscut data, consistent with expectations for the periphery of the channel.
• Future Plans: Placer gold recoveries will be fully tabulated and subject to quality assurance/quality control by a qualified person as the crosscut progresses through the central main placer gold target to the opposite side of the channel.
• Qualified Person: Stephen Kocsis, PGeo, independent qualified person under National Instrument 43-101.
• Company Context: The Wingdam property includes over 61,392 hectares of mineral tenures and 15+ linear kilometers of placer claims in the Lightning Creek valley. An exploration and diamond drill program is also underway to identify hard rock sources for the placer gold.

Notable Quotes

• "Placer gold recovery has begun at Omineca Mining and Metals Ltd.'s Wingdam underground paleoplacer project..."
• "Initial placer gold recoveries resemble the size and shape recovered from Omineca's 2012 test crosscut."