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Omineca Mining And Metals Ltd.
Omineca Commences Drill Program at Sully
Published Mar 26 2012
5 min read

Omineca Commences Drill Program at Sully

Omineca Commences Drill Program at Sully

Omineca Commences Drill Program at Sully

Cranbrook, British Columbia CANADA, March 26, 2012 /FSC/ - Omineca Mining and Metals Ltd. (OMM - TSX Venture), announces that drilling activity has commenced at the Sully Project, located near Fort Steele in southeastern British Columbia. As announced on March 21st, Omineca has the exclusive right to acquire all outstanding shares in Gravitas Metals Corp., which has the option to earn an 80% interest in the Sully Property.

Gravitas has advanced the Sully Property to the drill-ready stage through work it carried out in 2010-11. By combining new geological mapping and a recent geophysical (gravity) survey, the resulting interpretation yields a compelling sedimentary-exhalative (SEDEX) drill target on the Sully property.

FB Drilling of Cranbrook, B.C. has been retained to complete an initial 1,500m (5,000') drilling program on the property. Paul Ransom, P.Geo., a recognized SEDEX expert has been contracted to supervise exploration work on the property and is hereby identified as the "Qualified Person", under N.I. 43-101. Drilling activity is expected to take 4-5 weeks to complete.

About the Sully Property

The Sully Property comprises rocks of similar age and origin to those which host the Sullivan mine, one of the largest SEDEX deposits in the world and located 27km to the west in Kimberley, BC.

The Sully target (a prominent 3km x 1km gravity anomaly at an interpreted depth of approximately 1,000m) and its relationship to the known geology on the property suggests a hidden mass of Sullivan-sized proportions.  SEDEX mass models contain abundant metal sulphides (including; lead, zinc, silver, gold, tin and other metals) and the specific gravity of that mineralization creates a contrasting mass anomaly compared to the adjacent country rocks.  Readers are cautioned that until drilling activity is completed, the source of the gravity anomaly is unknown.

The Sullivan mine was discovered in 1892 and produced approximately 150 million tonnes of ore including 337 million ounces of silver, eight million tonnes of zinc and nine million tonnes of lead over its 100 year mine life, collectively worth over $45-billion at current metal prices. The parties caution that past results or discoveries on proximate land are not necessarily indicative of the results that may be achieved on the Sully property.

A National Instrument 43-101 compliant report has been prepared on the property, authored by Trygve Hoy, P.Geo. The report is currently posted on the Omineca website at http://ominecamining.com/projects/sully or may be viewed here: Sully 43-101 report (http://ominecamining.com/projects/sully/documents/sully_43-101.pdf)

About Omineca Mining and Metals

Omineca Mining and Metals was created by way of a Plan of Arrangement on May 20th, 2011. Shareholders of Copper Canyon Resources Ltd. approved the plan to reorganize the Company's mineral property assets in an effort to maximize shareholder value. Under the terms of the arrangement, two of Copper Canyon's projects, Abo (Harrison) Gold and Kiwi, were transferred into Omineca on a one-for-four share basis.

Omineca is well positioned to conduct exploration at the Sully Property, having a solid share structure, experienced management and holds a treasury in excess of $3,000,000  

On behalf of the Board of Directors

Signed

"Tim J. Termuende"
President and CEO


For further information, please contact Mike Labach at
1 866 HUNT ORE (486 8673)
Email: mgl@ominecamining.com or visit our website at http://ominecamining.com/


Cautionary Note Regarding Forward-Looking Statements
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

To view this release as a webpage, please click on the following link:
http://www.usetdas.com/pr/ominecamar232012.htm  





Source: Omineca Mining & Metals Ltd. (TSXV OMM) www.ominecamining.com
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