Omineca Mining & Metals | Abo Gold Exploration Project

Abo (Harrison Gold)
Project | AU

DESCRIPTION

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.

The management of Omineca Mining and Metals Ltd. feels that there is excellent potential to increase the gold resource at the Abo both through drilling around existing mineralizaton and in areas that are as yet untested.

Recommendations for future work on the property are to conduct a two-phased program. The first phase would be to complete the compilation of historical data on the project and the second phase to test the results of phase one through surface mapping, geochemistry, trenching and diamond drilling.

Updated November 21, 2011