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Omineca Intercepts 8 Meters of 25.41 g/m3 Placer Gold in Geotechnical Drilling from the Wingdam Underground Placer Gold Project
Omineca Intercepts 8 Meters of 25.41 g/m3 Placer Gold in Geotechnical Drilling from the Wingdam U...
About this update from Omineca Mining And Metals Ltd.
[{"type":"text","content":"\n \n \n \n Omineca Intercepts 8 Meters of 25.41 g/m3 Placer Gold in Geotechnical Drilling from the Wingdam Underground Placer Gold Project\n \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 Canada NewsWire\n \n \n \n \n \n \n SASKATOON, SK\n \n \n ,\n \n \n Feb. 7, 2024\n \n \n /CNW/ - Omineca Mining and Metals Ltd. (TSXV: OMM) (OTCBB: OMMSF) (\"Omineca\" or the \"Company\") is pleased to report the results from two geotechnical holes drilled on the Company's Wingdam Property located in south-central\n \n British Columbia\n \n . D&L Mining (\"D&L\") drilled the two holes, WD23-RC01 and WD23-RC02 (\"23-01\" and \"23-02\") in conjunction with a comprehensive underground survey to confirm seismic data and further define the underground placer gold bearing paleochannel at Wingdam in advance of recommencing underground activities on the project (\n \n see news release of\n \n January 15, 2024\n \n \n ). Of note, drill hole 23-02 (\n \n see tables below\n \n ) recorded 8 vertical meters of gold bearing gravels above the underground channel floor, yielding an average of 25.41 g/m\n \n 3\n \n (0.82 oz/m\n \n 3\n \n ) of placer gold.\n \n \n These drill results are very exciting given that the 2012 bulk sample test recovered 173.4 ounces of placer gold from an enriched zone of gold bearing gravels averaging only 1.20 meters in excavated thickness over a crosscutting channel width of 23.5 meters. The results confirm seismic survey data indicating a significant bedrock depression beginning just downstream of the 2012 crosscut and reaching its lowest point approximately 75 meters further on (\n \n see seismic reflection Map 1. below\n \n ). In this area (lowest points in dark blue) the depressed section of paleochannel appears to be approximately 40 meters wide with an area of lower elevation extending both up and downstream over a distance of 80 meters. This depression is one of five suggested by the seismic data over the first 300 meters of paleochannel.\n \n \n The 2012 bulk sample test cut across the paleochannel (\n \n marked in red on Map 1.\n \n ) ...