Omineca Provides Update on Sully Program
Cranbrook, British Columbia CANADA, May 22, 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. Drilling has been completed to a depth of 1,234m, (4,049') or an actual vertical depth from surface of approximately 1,061m.
Further to news on April 19th, 2012 a detailed review of the drill core and gravity information has been completed for the Sully property. That review has concluded that the source of the Sully gravity anomaly remains undetermined, partially due to the substantial deviation of the drill hole. Geological interpretation of the strata intersected by drilling indicates a structural setting above a regional-scale thrust fault. Gravity data interpretation suggests that the target is either flat lying or shallow dipping, which would be consistent with the effect of a projected structural feature at depth. The strata considered most likely host rocks to the target is a section of the Aldridge Formation, interpreted as Sullivan Horizon in the Hughes Range.
It is important to note that the anomaly's estimated depth is based solely on a gravity equivalent mass model (EQM) calculated by filtering topographic features including the nearby Rocky Mountain Trench and the Rocky Mountain Range. Reinterpretation of the EQM model using the results from the current and historic drilling supports the presence of a large mass anomaly at a depth of approximately +/-1000m. The current drill hole now provides an opportunity to conduct down-hole geophysics to test the electro-magnetic (EM) response of the gravity target area. SJ Geophysics Ltd, of Delta B.C. has recently completed a Volterra - BHEM survey of the property using a down-hole probe and the final results of this survey are expected in the near future. Omineca intends to complement this down-hole survey with a detailed surface EM geophysical survey to constrain the gravity anomaly and refine future potential drill hole locations. Any future drilling would utilize specialized drilling tools in order to minimize hole deflection.
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 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.
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@eagleplains.com or visit our website at http://www.ominecamining.com/
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 press release as a webpage, please click on hte following link:
http://www.usetdas.com/pr/omineca05222012.htm
Source: Omineca Mining & Metals Ltd. (TSXV OMM) www.ominecamining.com
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