Focus efforts toward exploring, developing and extracting mineral resources on highly prospective, undervalued projects in Western Canada.
In June 2006, Copper Canyon Resources was created by way of plan of arrangement and spun-off from Eagle Plains Resources on a one for one share basis to the shareholders with three projects in it’s portfolio, Copper Canyon, Abo and Severence with the Kiwi property acquired later.
In May 2011, NovaGold Resources purchased the Copper Canyon Project from the company (1 NG share for 13.6 CPY shares) and the remaining assets, Abo and Kiwi, were reorganized as Omineca Mining and Metals Ltd. This company, also created by way of plan of arrangement, was spun-out on a 1 for 4 share basis to the shareholders.
The Wingdam Project
The Wingdam Project is located
located along the historic Lightning Creek near the Wells-Barkerville area of central British Columbia, 45 km east of Quesnel.
The project provides a unique opportunity for Omineca to acquire near-term gold production in a proven district. The property overlies both placer and hard-rock tenures along the Deep Lead Channel of Lightning Creek, where topographic conditions have created a deep overburden accumulation which effectively resulted in a large portion of the channel being excluded from conventional surface placer mining activity. The result is in effect 2.4km of pristine placer gravels amidst an area historically placer mined during the great Cariboo Gold Rush of the mid 1800's.
Historic and recent results from drilling and seismic surveying show that the channel floor width varies from 6 to 39 m wide and extends 2,430 m along the length of the property. On the Wingdam property, drilling and geophysical surveys indicate that the Deep Lead Channel occurs throughout the entire 2.4km length of the Wingdam property, extending upstream and downstream an undetermined distance. “The Deep Lead Channel contains some of the highest placer gold concentrations historically reported in all of the Cariboo Mining District and perhaps British Columbia that remains unmined” (Stephen Kocsis, P.Geo; Wingdam Property NI 43-101 Report, October 2nd, 2012).
Numerous attempts have been made to mine the Deep Lead Channel in the Wingdam area since the late 1880s, but all were hampered by an influx of water and unstable ground conditions and were ultimately abandoned.
The Abo Gold Project
The Abo property (also known as Harrison Gold) is located 130km east of Vancouver and has seen significant drilling activity since 1975 including mapping, soil sampling, ground based geophysics and a total of 13,856m (45448ft) of diamond drilling.
The property was in good standing with previous owners from 1974 - 2000 when Eagle Plains crews acquired the ground within hours of its forfeiture. Property mineralization consists of a number of gold occurrences associated with a series of intrusive stocks. Accessory minerals include copper, silver, lead, zinc, molybdenum, tungsten and bismuth. The property is road-accessible year round, with hydroelectric power and rail-service located within 3 kilometers of property boundaries.
In 1989, George Norman, P.Geo, using diamond drill intersections in the Portal and Jenner stocks, calculated a “Probable” Mineral Resource of 1.845 Million tonnes grading 2.79 g/t gold containing 165,000 oz Gold and a “Possible” Mineral Resource of 0.6 million tonnes grading 2.8 g/t gold containing 55,000 oz of Gold.
* Omineca management cautions that there are no Current Reserves or Resources present on the property. The above estimate is not in compliance with National Instrument 43-101 or with currently accepted CIM standards. Omineca management has not done sufficient work to validate the above resource estimates, which should not be relied upon for financial determinations.
During November 2011, the Abo project was optioned to Sierra Madre Developments, see news release for details.
The Kiwi Project
The Kiwi Project is located 70km northeast of Ross River, Yukon, 25 km west of the North Canol Road. The claims overlie high-grade gold occurrances associated with intrusive rocks. Visible gold was discovered in a gossan on the west bank of Kiwi Creek in 1997 by Teck Resources during a regional reconnaiccance program. Samples containing analytical values up to 115 g/t gold and 32 g/t silver have been obtained from the VG showing,
The Severence Project
The Severance project is located in the central Yukon and is a grass roots exploration target for gold. Copper Canyon Resources executed an option agreement with Northern Freegold Resources Ltd (TSX-V:NFR) whereby NFR may earn a 100% interest (less 3% NSR) in the Severance Property by making staged cash payments totaling $50,000 and issuing 300,000 common shares to CPY. This option agreement is now an asset of Omineca Mining & Metals as a result of the Plan of Arrangement executing in May 2011. An additional 500,000 shares will be issued to OMM in the event of a production decision or change in control of NFR to another company. The 3% NSR may be reduced to 1% by payment of $1,500,000
Updated October 19, 2012
Omineca Mining and Metals Brochure [PDF]