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OMM:TSX.V; OMMSF:OTCMKTS

Omineca Mining and Metals Ltd.

Gold exploration company in the heart of the Cariboo gold district of British Columbia. Maiden hard rock drilling program starting in 2020, combined with underground paleo-placer gold production, also starting in 2020.
OMM:TSX.V OMMSF:OTCMKTS

Expert Comments:

A Research Capital Corporation report notes that Omineca Mining and Metals' work at its Wingdam hard rock property "has helped to better define [its] existing targets, and has expanded the company's inventory of exploration prospects."
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Bill Newman, Research Capital Corporation

(4/29/21)
"At Omineca Mining and Metals Ltd.'s Wingdam placer gold exploration project, dewatering operations to date have been successful, and the company has now commenced the underground portion of the rehabilitation work. At its Wingdam hardrock project, Omineca announced that it has completed a triaxial magnetic gradiometer survey over the Wingdam property, which has helped to better define its existing targets and has expanded the company's inventory of exploration prospects."

The completion of Omineca Mining & Metals's drill program at Mouse Mountain and its ongoing operations and exploration at Wingdam are discussed in a Mackie Research Capital Corp. report.
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Omineca Mining & Metals concluded five drill holes over 2,000 meters at CanAlaska Uranium's Mouse Mountain project.
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Bill Newman, Research Capital Corporation

(3/8/21)
"Omineca Mining & Metals Ltd. announced that it has completed a 2,000m drill program at Mouse Mountain, fulfilling its drilling commitment to earn a 50% interest in the project. . .the company is a compelling investment opportunity given that it could be on the cusp of establishing placer gold production at Wingdam."

Omineca Mining & Metals' two exploration programs at its Wingdam project are covered in a Mackie Research Capital Corp. report.
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Bill Newman, Research Capital Corporation

(2/8/21)
"We are initiating coverage of Omineca Mining and Metals Ltd. with a Speculative Buy recommendation. . .the company is at the forefront of new Cariboo gold rush. . .potential catalysts include initial results from an ongoing placer gold bulk sample and assay results from a hardrock exploration drilling program, both currently underway at the company's flagship Wingdam property. . .We believe OMM is a compelling investment opportunity given that the Company could be on the cusp of establishing placer gold production. Exploration is also underway for the lode gold source of the Wingdam placer gold, which provides substantial speculative upside appeal."

Clive Maund, CliveMaund.com

(1/25/21)
"One gold stock that is shaping up well for another sizable upleg is Omineca Mining & Metals Ltd. . .the good news is that with the price now at what is suspected to be the right shoulder low of the head and shoulders bottom, we are believed to be at a great entry point here from a price/time perspective. . .the company is therefore rated an Immediate Buy here for all time frames."

Clive Maund, CliveMaund.com

(12/22/20)
"We bought a number of precious metal stocks before they broke out last week, but one of the ones we missed was Omineca Mining & Metals Ltd. So it is rather nice of it to react back after its powerful high volume breakout from a double bottom several days back, to give us the opportunity to buy it at a better price. . .the stock is believed to be starting a new major uptrend here and is therefore rated an Immediate Buy."

Omineca Mining and Metals Ltd. reported it has commenced dewatering at its Wingdam underground placer gold project located in B.C.'s Cariboo Mining District.
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Clive Maund, CliveMaund.com

(11/22/20)
"After a rather heavy correction from its early July peak, Omineca Mining and Metals Ltd. has been basing near to its rising 200-day moving average and looks ready to start higher again from here. . .it made a tentative attempt to break higher over a week ago and has since reacted back to what looks like another good entry point and is viewed as a Buy here for another major upleg."

More Expert Comments

Experts Following This Company

headshot of Maurice Jackson
Maurice Jackson, Founder – Proven and Probable
Clive Maund – CliveMaund.com
headshot of Bob Moriarty
Bob Moriarty, Author – 321 Gold
headshot of Bill Newman
Bill Newman, Vice President, Senior Analyst – Research Capital Corporation
headshot of David H. Smith
David H. Smith, Analyst – Silver-Investor.com
headshot of Jay Taylor
Jay Taylor, Author Gold, Energy & Tech Stocks
headshot of Chris Temple
Chris Temple, Editor and Publisher – The National Investor

Company News

4/29/2021 – Omineca Commences the Underground Portion of Rehabilitation for its Placer Gold Bulk Sample Program at Wingdam

4/28/2021 – Omineca and Barkerville Gold Mines Sign Mutual Aid Agreement

4/26/2021 – Omineca Receives Drill Permit Expansion and Completes Airborne Geophysics at Wingdam

4/16/2021 – Omineca Appoints Chad Ireland as Underground Mine Safety Supervisor

3/5/2021 – Omineca Announces Completion of Diamond Drill Program at Mouse Mountain

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.See disclaimer for more details.

Investing Highlights
 
Maiden hard rock drill program in a known gold region
 
Permitted paleo-placer bulk sample operation
 
A gold exploration company where the indicator mineral is gold
catalyst Calendar
Q3
2020
Hard rock drill results
Q3
2020
Production from paleo placer development
Q4
2020
Expansion of land package and identification of Lode deposits