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Omineca Mining And Metals Ltd.
Omineca Provides Update on Sully Drill Program
Published Apr 19 2012
5 min read

Omineca Provides Update on Sully Drill Program

Omineca Provides Update on Sully Drill Program

Omineca Provides Update on Sully Drill Program

Cranbrook, British Columbia CANADA, April 19, 2012 /FSC/ - Omineca Mining and Metals Ltd. (OMM - TSX Venture), provides the following update on exploration drilling at the Sully project, located near Fort Steele in southeastern British Columbia. As of April 17, 2012, drilling progressed to a hole depth of 865 metres (2,837 feet), or an actual vertical depth from surface of approximately 750 metres.

As described in previous news, the drill hole has experienced deviation in its planned dip and direction such that the bottom of the hole is not located where it was originally intended.   The drillhole's trajectory appears to be following in steeply dipping Fort Steele rocks, interpreted to be in the immediate footwall of the gravity target.  Downhole survey readings also indicate the possibility that both the temperature gradient and magnetic field are decreasing with depth, suggesting that the deviated hole has been moving away from the target over the last 150 to 200m of drilling.  

Drilling to date has penetrated sedimentary rocks of the Aldridge and Fort Steele Formations and continued in the steep limb of a major overturned fold. While mineralization was not intersected, core from the drill hole has dramatically improved the understanding of the geological setting and provides the basis for more accurate targeting.  That work is underway and the resulting interpretations will be used to recommend the next steps for the project.  An update will be provided shortly with those results and workplan.

The Sully property comprises rocks of similar age and origin to those which host the famous Sullivan mine, one of the largest sedimentary-exhalative (sedex) deposits in the world that produced silver, zinc, lead, tin and other metals over its 100 year mine life. The Sully property has been the focus of new geological mapping and a detailed geophysical (gravity) survey completed in 2011. The resulting interpretation of that work yields the compelling SEDEX target. 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.

Trygve Hoy, P.Geo has prepared a National Instrument 43-101 compliant report on the Sully property. The report is available on the OMM website at http://ominecamining.com/projects/sully. Paul Ransom, P.Geo, a recognized sedex expert, is hereby identified as the "Qualified Person" as defined by N.I. 43-101 and is responsible for the preparation and content of this news release.

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 has a strong share structure (only 18 million shares outstanding) and is well funded, with over $3,000,000 in its treasury.  

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
Neither the 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. 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 news release as a web page, please click on the following link:
http://www.usetdas.com/pr/omineca04192012.htm



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