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:

Chris Temple, The National Investor

(5/16/22)

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

Gold Mining to Commence at BC Project in Q1/22
(12/27/21)

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."

Wingdam Close to Panning in ‘One of the Richest Placer Deposits in British Columbia History’
(12/22/21)

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."

Resource Firm Eyes Three New Drill Targets at B.C. Gold Project
(12/13/21)

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."

More Expert Comments

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."

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."

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."

Clive Maund, CliveMaund.com (10/14/20) "Omineca Mining and Metals Ltd. is believed to be at a Buy spot here. . .moving averages are in bullish alignment. . .the volume pattern is bullish, and the sector correction looks about complete."

Clive Maund, CliveMaund.com (10/9/20) "Omineca Mining and Metals Ltd. should do very well from here, especially given how gold is rising; the overall trend is up with moving averages in bullish alignment and volume indicators having held up well on the reaction. It is rated a Strong Buy here."

Clive Maund, CliveMaund.com (9/27/20) "After a meandering correction that has been going on for nearly three months from early July, Omineca Mining and Metals Ltd. looks most attractive here, as it appears to be at the second low of a double bottom now and looks set to start higher. . .this resource stock looks like a Buy here."

	Jay Taylor, Hotline (9/25/20) "Because of the novelty and exciting prospects for Omineca Mining and Metals Ltd.'s placer prospect, I have ignored what is for management its ultimate target, which is the lode source of the placer material. . .management believes this structure has considerable scale for hosting a multimillion-ounce gold deposit. So the business plan of the company is to use cash flows from the placer operation to fund an aggressive hardrock exploration program."

Clive Maund, CliveMaund.com (8/23/20) "The good news is that Omineca Mining and Metals Ltd. stock is now at an even better entry point than when we first bought it. . .the earlier overbought condition has now completely unwound, the 50-day moving average has caught up with the price and there has been time for further rotation of stock, all of which have created the conditions for renewed advance. The volume pattern remains bullish and volume indicators have held up well, which further suggest that the stock is ready to advance again."

	Jay Taylor, Hotline (7/31/20) "Omineca Mining and Metals Ltd. announced on July 31 that it is preparing for drilling lode targets on its Wingdam project. . .I picked up this story on June 12 on the basis of its 'freeze mining' of very high grade conglomerate material in a wet environment. The same technology as is used with uranium deposits in damp environments is being applied to the company's Wingdam project."

Clive Maund, CliveMaund.com (7/17/20) "It was decided that the time had come to buy Omineca Mining & Metals Ltd., having spotted that a longish-tailed candle formed yesterday which was followed by a more bullish looking hammer-type candle today. . . the company should now continue higher as its bull market unfolds, and it is like to accelerate away to the upside once gold breaks out to new highs against the dollar."

	David H. Smith, Proven and Probable Interview (6/16/20) "I very much like a new stock that we have researched called Omineca Mining and Metals Ltd., which is likely to be soon producing in Canada's Caribou district."

Jay Taylor, Hotline (6/12/20) "The upside profit potential with Omineca Mining & Metals Ltd. appears very significant. . .on a trial mining basis, the risks appear limited while the rewards look very large from my perspective, especially relative to a market cap of only around $22M."

	Chris Temple, The National Investor (5/27/20) "Despite the fact that Omineca Mining & Metals Ltd. is now up about fivefold from 2019E, this story, in my opinion, is just beginning. . .in the days ahead, I expect to hear some news from the company concerning progress on two fronts: 1) work on the development of the underground paleo channel area, ahead of starting the 'bulk sampling' program. . .2) applications are being readied for drilling permits."

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

4/12/2022 – Omineca Acquires 10,176 Hectares (101.76 Sq Kms) of Additional Exploration Ground at Wingdam

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

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