Omineca Mining and Metals Ltd. has expanded its drill program at the Wingdam gold exploration and placer recovery project in British Columbia. The program has been increased to 17 holes and up to 10,000 meters to test the down-dip extension of veins observed in previous drilling. Drill holes have encountered wide zones of quartz carbonate sericite alteration with some quartz veins containing various concentrations of localized semi-massive to massive sulphide mineralization.
/CNW/ - Omineca Mining and Metals Ltd. , is pleased to report that the second drill rig . Of note, samples from several holes will be metallic screen assayed for coarse gold.
The program has been expanded from 10 to 17 holes and up to 10,000 meters. The first drill hole has been logged, sampled and shipped for assay with logged samples from the second and third holes expected to ship this week. Drilling will recommence in the new year and results will be announced as they are received and analysed., P.Geo., Lead Geologist. Mr. Kocsis is a qualified person for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects.
Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.BHP resumes South Flank iron ore operations after short pauseChina’s coal output hits record, fueling oversupply concernsSierra Metals shares jump on takeover offer from Peruvian firm
The offer will be priced at C$0.85 per share, which is a 10% premium over Sierra Metals' closing price of C$0.77 on the TSX last Friday.Australia’s CEFC invests $75m in homegrown critical minerals The CEFC was established in 2012 by the Australian government to help achieve its national goal of net zero emissions by 2050.CFIUS has until Dec. 22 to make a decision on whether to approve, block or extend the timeline for the deal's review.
Mining Exploration Gold Drilling Omineca Wingdam
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