SASKATOON, SK, June 10, 2021 /CNW/ - Omineca Mining and Metals
Ltd. (TSXV: OMM) ("Omineca" or the "Company"), is pleased to
announce the appointment of Mr. Dale J Schultz, M.Sc., P.Geo., as
Senior Geological Advisor for the Company's Wingdam Gold
exploration project located 45km east of Quesnel, British Columbia, in the Cariboo
Mining District. Omineca has commenced its 2021 drilling and
exploration program, following up on the Company's recently
completed maiden program which was designed to define
prospective areas within the expansive land package and is aimed at
discovering the lode source of the rich placer gold found beneath
Lightning Creek.
The Phase 2 drill program will be overseen by Mr. Schultz, a
Professional Geologist with over 35 years of experience in the
mining and exploration industry in projects throughout North and
South America. Mr. Schultz
holds a Master's Degree in Geology and is a registered Professional
Geoscientist (P.Geo) in Manitoba
and Saskatchewan. He has previously worked with Echo Bay
Mines Ltd, Noranda Inc, Claude Resources Inc, Hemlo Gold Mines Inc
and Kinross Gold Corp, and has been involved in projects from the
initial exploration stages through to underground and open pit mine
production. Mr. Schultz is a Qualified Person under the
condition set out by National Instrument 43-101.
About Omineca Mining and Metals Ltd.
Omineca Mining and Metals Ltd.'s flagship Wingdam gold
exploration and placer recovery project is located along the
Barkerville Highway 45 km east of the town of Quesnel. The property includes hard-rock
tenures totaling over 50,000 hectares (500 square kms) and in
excess of 15 linear kilometers of placer claims, both encompassing
the Lightning Creek valley where topographic conditions created a
thick overburden which preserved a large portion of an underground
channel with placer gold-bearing gravels. Omineca also has a
diamond drill program currently underway exploring for the
potential multiple hard rock sources of the placer gold at
Wingdam.
Forward Looking Statements
This release includes forward-looking statements regarding
Omineca and its business. Such statements are based on the current
expectations and views of future events of Omineca's management. In
some cases, the forward-looking statements can be identified by
words or phrases such as "may", "will", "expect", "plan",
"anticipate", "intend", "potential", "estimate", "believe" or the
negative of these terms, or other similar expressions intended to
identify forward-looking statements. The forward-looking events and
circumstances discussed in this release may not occur and could
differ materially as a result of the failure to consummate the
project financing, the economic feasibility of the Wingdam Project,
known and unknown risk factors and uncertainties affecting Omineca,
including risks regarding the resource industry, economic factors
and the equity markets generally and many other factors beyond the
control of Omineca. No forward-looking statement can be guaranteed.
Forward-looking statements and information by their nature are
based on assumptions and involve known and unknown risks,
uncertainties and other factors which may cause our actual results,
performance or achievements, or industry results, to be materially
different from any future results, performance or achievements
expressed or implied by such forward-looking statement or
information. Accordingly, readers should not place undue reliance
on any forward-looking statements or information. Forward-looking
statements speak only as of the date on which they are made and
Omineca undertakes no obligation to publicly update or revise any
forward-looking statement, whether as a result of new information,
future events, or otherwise, except as required by applicable
securities laws.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE Omineca Mining and Metals Ltd