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Omineca Extends Placer Holdings to Over 15 km Along Lightning Creek at Wingdam
Omineca Extends Placer Holdings to Over 15 km Along Lightning Creek at Wingdam Can...
About this update from Omineca Mining And Metals Ltd.
[{"type":"text","content":"\n\n\n\nOmineca Extends Placer Holdings to Over 15 km Along Lightning Creek at Wingdam\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nSASKATOON, Feb. 25, 2020\n\n\n\nSASKATOON, Feb. 25, 2020 /CNW/ - Omineca Mining and Metals Ltd. (TSX-V: OMM) (\"Omineca\" or the \"Company\") announces that it has acquired an additional 720 hectares of  strategic placer claims along Lightning Creek at its Wingdam Gold Project (\"Wingdam\") in the Cariboo Mining District of British Columbia.  Acquired from a private land holder, this addition brings the total placer claim and lease holdings at Wingdam to 1,380.85 hectares.  The claims adjoin OMM's existing placer holdings at Wingdam and extends the Company's placer tenures covering over 15 linear kilometers of potential paleochannel along Lightning Creek toward Barkerville. \nWith over 39,000 contiguous hectares of (hard rock) mineral claims underlying and surrounding the 1,380 hectares of placer claims, Omineca has become one of the dominant placer development and lode gold exploration companies in the heart of the historic Cariboo Mining District of  British Columbia.\nAbout Omineca Mining and Metals Ltd.\nOmineca Mining and Metals Ltd. controls a 100% interest in the flagship Wingdam Project and a 100% interest in the Fraser Canyon Project through its wholly owned subsidiary CVG Mining Ltd.  The Wingdam Project is located 45 km east of Quesnel B.C. on the Barkerville highway.  The property includes both placer and hard-rock tenures along the Lightning Creek valley, where topographic conditions created a thick overburden which preserved a large portion of the channel from conventional surface placer mining activity. \nForward Looking Statements\nThis 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\", \"a...