Welcome to our dedicated page for Omega Pacific news (Ticker: OMGPF), a resource for investors and traders seeking the latest updates and insights on Omega Pacific stock.
Omega Pacific Resources Inc. (OMGPF) is a mineral exploration company focused on advancing gold and base metal projects in British Columbia's Golden Horseshoe region. This news hub provides investors and stakeholders with comprehensive access to corporate developments, technical updates, and strategic announcements.
Track all official press releases including drill program results, land acquisition updates, and exploration methodology advancements. Our curated collection ensures timely access to critical information about the Williams Property's progress and corporate operational milestones.
Key updates include high-grade mineralization findings, geophysical survey interpretations, and quality assurance protocols. Users will find detailed reports on bulk-tonnage system discoveries and strategic claim expansions within this active mining jurisdiction.
Bookmark this page for direct access to Omega Pacific's verified news stream. Regularly updated content supports informed analysis of the company's exploration trajectory and technical capabilities in mineral resource development.
Omega Pacific Resources has announced final drill results from its 2024 program at the Williams Property in British Columbia. Drill hole WM24-03 revealed multiple zones of gold mineralization, extending west of previous results with highlights including:
- Intervals of 1.48 g/t Au over 37.01 metres, including 2.99 g/t Au over 11.25 metres
- Individual high-grade assays up to 9.67 g/t Au
- Multiple discrete zones of gold mineralization hosted in andesitic-basaltic rocks
The mineralization remains open in all directions and to depth. The company plans to initiate Phase 2 exploration by May next year. The GIC Prospect represents a 12 km long target with overlapping gold-copper anomalies and has seen historical exploration drilling of ~2,300 m.
Omega Pacific Resources has announced results from its 2024 field work program at the Lekcin Property, located 120 km east of Vancouver. The program, costing $124,924, included a UAV magnetic survey and rock sampling to identify ultramafic intrusives that could host Giant Mascot-style sulphide mineralization. The survey defined high magnetism areas in north, southeast, and southwest parts of the property. Rock sampling revealed ultramafic geochemistry in the northern area with high magnesium (16%), nickel (700 ppm), copper (100-200 ppm), cobalt (100 ppm), and chromium (1200-1500 ppm). The southeastern anomaly showed generally low values of nickel (<245 ppm) and copper (<72 ppm).
Omega Pacific Resources has appointed John Williamson, P.Geol., as an independent director to its Board. With a 35-year career in the mining industry, Williamson has raised nearly $1 billion in capital for exploration and mining projects, contributing to the discovery of over 10 million ounces of gold across three continents. Notably, he was the co-founder, Chairman and CEO of Thesis Gold (formerly Benchmark Metals) until 2023, whose Lawyers-Ranch Project is located approximately 50km from Omega Pacific's Williams Property in the Toodoggone District of British Columbia.
Omega Pacific Resources announced extended assay results from its 2024 drill program at the Williams Property in British Columbia. Historical drill hole WM22-02 was successfully extended, revealing 2.16 g/t Au over 96.92 metres. The 2024 campaign's first three drill holes defined a mineralized trend open in all directions, with notable results including WM24-01 yielding 6.22 g/t Au over 18.98m and WM24-02 returning 1.09 g/t Au over 57.98m. The GIC Prospect represents a 12km long target with overlapping gold-copper anomalies. The company plans to initiate Phase 2 exploration by May next year.
Omega Pacific Resources Inc. (CSE:OMGA)(OTCQB:OMGPF)(FSE:Q0F) has expanded its Williams property in BC's Golden Horseshoe through strategic acquisition and staking. The company acquired a 51.7 Ha claim west of its 2024 drilling area, with historical soil sampling showing up to 12 g/t gold and 0.1% copper. Additionally, Omega staked a 1,707 Ha claim adjoining Williams to the east. These acquisitions create a contiguous land package across the GIC Prospect, extending its overall strike length to 12 km. The expansion provides an uninterrupted 5 km of gold-in-soil anomalism. CEO Jason Leikam emphasized the significance of this expansion for future exploration programs. The company is also proceeding with the second anniversary payment for the Lekcin Property option agreement.
Omega Pacific Resources Inc. (CSE:OMGA)(OTCQB:OMGPF) has amended its Williams Property Option/Joint Venture Agreement with CopAur Minerals Inc. The key changes include:
1. Reduced exploration expenditures from $3,000,000 to $2,000,000 to earn a 51% interest by February 28, 2025.
2. Extended timeline for earning an additional 29% interest, requiring $4,000,000 in expenditures by February 28, 2027.
3. Omega Pacific to pay CopAur Minerals $50,000 upon execution of the amendment.
CEO Jason Leikam stated that this restructuring allows for better analysis of recent exploration results and development of a focused strategy for the next phase, aiming to deliver value for shareholders.
Omega Pacific Resources (CSE:OMGA)(OTCQB:OMGPF) has announced promising drill results from its Williams Property in British Columbia's Golden Horseshoe. The second drill hole (WM24-02) of Phase One revealed three separate gold zones, demonstrating bulk-tonnage gold mineralization:
1. Principal zone: 1.09 g/t Gold over 57.98 metres
2. Central zone: 0.57 g/t Au over 26.3 m
3. North zone: 2.18 g/t over 8.41 m within 1.33 g/t Au over 28.24 m
These zones are separated by 30 m and 50 m respectively. The company has now identified over 600 lateral metres of gold mineralization, with potential for several kilometers of strike length to explore. The mineralization remains open to the east, west, and at depth, presenting significant exploration upside.
Omega Pacific Resources Inc. (CSE:OMGA)(OTCQB:OMGPF) has provided an interpretation of recent assay results from drill hole WM24-01 at its Williams Property GIC Prospect. Key highlights include:
- Robust gold mineralization along chargeability and resistivity anomalies
- Strong grades in WM24-01 (6.22 g/t Au over 18.98m and 1.69 g/t Au over 104m)
- Similarities between WM24-01 and historical drill hole WM22-02
- Moderate IP anomalies proving to be effective vectors to gold mineralization
The company plans to expand drilling near these holes and along the >4 km GIC trend. Omega Pacific also announced the appointment of Mark Minckler as CFO and Director, effective July 31, 2024.
Omega Pacific Resources (CSE:OMGA, OTCQB:OMGPF) has announced impressive drill results from its 2024 program at the Williams Property in British Columbia's Golden Horseshoe. The highlight is drill hole WM24-01, which intersected:
- 6.22 g/t Au over 18.98 m
- 3.16 g/t Au over 44.32 m
- 1.69 g/t Au over 104.08 m
These results confirm the potential for high-grade and bulk-tonnage gold mineralization at the GIC Prospect. The company's CEO, Jason Leikam, expressed excitement about the strong start to the Phase 1 program and the presence of high-grade mineralization. Omega Pacific plans to continue drilling up to 2,000 m at the GIC Prospect and will report additional results throughout the summer.
Omega Pacific has outlined the details of its newly acquired Williams Project in British Columbia's Golden Horseshoe. The 11,490 ha property features extensive historical drilling with promising gold occurrences. Omega has engaged APEX Geoscience to lead its Phase 1 exploration, targeting the GIC Prospect, which showed 2.2 g/t Au over 50m in a 2022 drill hole. The project is fully permitted, and initial assay results are expected in July. The Williams Project includes two main targets: the T-Bill, rich in mesothermal gold, and the GIC Prospect, known for copper-gold-molybdenum mineralization.