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

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Expert Comments:

Clive Maund, CliveMaund.com

(10/5/22)

"Given that the fundamentals for Omineca Mining and Metals Ltd. are actually pretty good, its stock is viewed as most attractive here at its current very low price. . .it is at a great entry point being as it is very close to what is believed to be the second low of a final double bottom that has formed at a very low level. The newly started gold drilling program at the company's Wingdam project is thought likely to generate more interest with passing time."

B.C. Mine on Verge of Producing Gold
(10/4/22)

Drilling Underway To Find Lode Gold Source at B.C. Project
(10/3/22)

Bill Newman, Research Capital Corporation

(9/30/22)

"Omineca Mining and Metals Ltd. announced that its 2022 drill program is underway at Wingdam. . .the program consists of approximately 2,800m of drilling in up to 14 holes targeting the Skopos and Mary Creek prospects. Drilling is expected to be completed by early November, with assay results to follow."

Bill Newman, Research Capital Corporation

(9/29/22)

"Omineca Mining and Metals Ltd. and its joint venture partner have engaged Fortis Mining Engineering and Manufacturing to assist in the stabilizing of the bedrock interface in the Wingdam mine. . .in the coming months we expect Omineca to report the recovery of placer gold, which we believe could be a major catalyst for the stock."

Clive Maund, CliveMaund.com

(7/25/22)

"We are at a great entry point here for Omineca Mining and Metals Ltd. as the price has just dipped to mark out the right shoulder low of the suspected head and shoulders bottom pattern. Any advance from here is likely to be greatly assisted by an improvement across the sector. . .the company is therefore rated an immediate Strong Speculative Buy here."

Bill Newman, Research Capital Corporation

(7/4/22)

"Omineca Mining and Metals Ltd. announced the commencement of mining operations and placer gold recovery at the Wingdam paleoplacer project. . .Hamilton Gold Royalties has completed all the necessary work to ready the Wingdam mine for placer gold recovery. . .Omineca will transfer 50% of the ownership in the Wingdam underground paleoplacer project to Hamilton, as a joint venture partner."

Chris Temple, The National Investor

(5/16/22)

"We have a Buy recommendation on Omineca Mining and Metals Ltd."

More Expert Comments

	Bill Newman, Research Capital Corporation (12/23/21) "At Omineca Mining and Metals Ltd.'s flagship Wingdam project, stabilization of the rock above the crosscut using a specialized grout system is currently underway. Once complete, first gold mining operations should commence, likely in Q1/22, which we believe could be a major catalyst for the stock."

Clive Maund, CliveMaund.com (12/22/21) "There was important news out of Omineca Mining and Metals Ltd. this morning, which is that it has started mining operations with its partner Lightning Creek Mining at the Wingdam paleoplacer project. So let's see if this news generates the reversal we have been looking for."

Clive Maund, CliveMaund.com (12/19/21) "There are good reasons to believe that Omineca Mining and Metals Ltd. stock is at a bottom despite its still rather weak accumulation line and, more than that, that it will soon start to ascend away from this suspected bottom. . .positive factors include the increasing bunching of the price and its moving averages and the improving momentum with the latest low not being confirmed by momentum. . .overall, both volume indicators have held up well during the bear market, which bodes well."

The National Investor (11/3/21) "Omineca Mining and Metals Inc.'s partner LCM no longer plans to use underground freezing around the area of the paleochannel to shore up the material and make it workable, etc. Instead, the company and its consultant have been working for some time to determine if a more sophisticated grouting system (cheaper and less time consuming) would work, and they are going in that direction."

	Bill Newman, Research Capital Corporation (8/20/21) "At Omineca Mining and Metals Ltd.'s Wingdam underground paleoplacer gold project, dewatering and rehabilitation of the 550m meter decline down to the mining face has been completed, and the company is in the final preparation stages ahead of the sampling program. . .once underground preparations are complete, Omineca will restart and continue bulk sampling downstream from the first crosscut bulk sample along the paleochannel."

Bill Newman, Research Capital Corporation (8/20/21) "Omineca Mining and Metals Ltd. is in the final preparation stages ahead of the sampling program at its Wingdam gold project. . .the company is a compelling investment opportunity given that it could be on the cusp of establishing placer gold production and that exploration drilling for the lode gold source of the Wingdam placer gold provides substantial speculative upside appeal."

Bill Newman, Research Capital Corporation (5/20/21) "Omineca Mining and Metals Ltd. announced the results of a 2,000m drill program at its Mouse Mountain project, highlighted by a 3.2m intercept of 0.438% copper. Also, the company announced that it has drilled a total of 21 holes of the planned 27-hole, maiden, phase one lode gold drill program at its flagship Wingdam property."

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."

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."

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."

Experts Following This Company

Clive Maund – CliveMaund.com
	Bill Newman, Vice President, Senior Analyst – Research Capital Corporation
	Chris Temple, Editor and Publisher – The National Investor

Company News

11/16/2022 – Omineca Announces Closing of Private Placement Financing for Exploration

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.

Streetwise Company Fact Sheet

Omineca Mining and Metals Ltd.

(OMM:TSX.V - OMMSF:OTCMKTS)

2023/2/7 6:23:31

Analyst coverage

Research Capital Corporation — Bill Newman

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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

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