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Omega Pacific Intersects Three Separate Gold Zones Demonstrating Bulk-Tonnage Gold Mineralization at its Williams Property

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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 (CSE:OMGA)(OTCQB:OMGPF) ha annunciato risultati di perforazione promettenti dalla sua Williams Property nella Golden Horseshoe della Columbia Britannica. Il secondo foro di perforazione (WM24-02) della Fase Uno ha rivelato tre zone d'oro separate, dimostrando mineralizzazione d'oro a tonnellate:

1. Zona principale: 1,09 g/t oro su 57,98 metri
2. Zona centrale: 0,57 g/t Au su 26,3 m
3. Zona nord: 2,18 g/t su 8,41 m all'interno di 1,33 g/t Au su 28,24 m

Queste zone sono separate rispettivamente da 30 m e 50 m. L'azienda ha ora identificato oltre 600 metri laterali di mineralizzazione d'oro, con potenziale per diversi chilometri di estensione da esplorare. La mineralizzazione rimane aperta a est, ovest e in profondità, presentando un significativo potenziale di esplorazione.

Omega Pacific Resources (CSE:OMGA)(OTCQB:OMGPF) ha anunciado resultados de perforación prometedores de su Williams Property en la Golden Horseshoe de Columbia Británica. El segundo pozo de perforación (WM24-02) de la Fase Uno reveló tres zonas de oro separadas, demostrando mineralización de oro a granel:

1. Zona principal: 1.09 g/t de oro sobre 57.98 metros
2. Zona central: 0.57 g/t de Au sobre 26.3 m
3. Zona norte: 2.18 g/t sobre 8.41 m dentro de 1.33 g/t de Au sobre 28.24 m

Estas zonas están separadas por 30 m y 50 m respectivamente. La compañía ha identificado más de 600 metros laterales de mineralización de oro, con potencial para varios kilómetros de longitud de strike por explorar. La mineralización permanece abierta hacia el este, oeste y en profundidad, presentando un significativo potencial de exploración.

오메가 퍼시픽 리소스(Omega Pacific Resources)(CSE:OMGA)(OTCQB:OMGPF)는 브리티시 컬럼비아의 골든 호스슈에 위치한 윌리엄스 재산(Williams Property)에서 유망한 시추 결과를 발표했습니다. 1단계의 두 번째 시추 홀(WM24-02)은 세 개의 개별 금 구역을 드러내어 대량 금 광체 mineralization을 보여주었습니다:

1. 주요 구역: 1.09 g/t 금, 57.98 미터
2. 중앙 구역: 0.57 g/t Au, 26.3 m
3. 북부 구역: 2.18 g/t, 8.41 m 내에서 1.33 g/t Au, 28.24 m

이 구역들은 각각 30 m와 50 m의 간격으로 떨어져 있습니다. 회사는 이제 600미터 이상의 측면 금 mineralization을 확인하였으며, 여러 킬로미터의 평가의 가능성이 있습니다. mineralization은 동쪽, 서쪽 및 깊이로 열려 있어 상당한 탐사 가능성을 제공합니다.

Omega Pacific Resources (CSE:OMGA)(OTCQB:OMGPF) a annoncé des résultats de forage prometteurs de sa propriété Williams dans la Golden Horseshoe de la Colombie-Britannique. Le deuxième trou de forage (WM24-02) de la phase un a révélé trois zones d'or séparées, démontrant une minéralisation d'or en vrac :

1. Zone principale : 1,09 g/t d'or sur 57,98 mètres
2. Zone centrale : 0,57 g/t Au sur 26,3 m
3. Zone nord : 2,18 g/t sur 8,41 m dans 1,33 g/t Au sur 28,24 m

Ces zones sont séparées respectivement par 30 m et 50 m. L'entreprise a maintenant identifié plus de 600 mètres latéraux de minéralisation d'or, avec un potentiel de plusieurs kilomètres de longueur de mobilisation à explorer. La minéralisation reste ouverte à l'est, à l'ouest et en profondeur, présentant un potentiel d'exploration significatif.

Omega Pacific Resources (CSE:OMGA)(OTCQB:OMGPF) hat vielversprechende Bohrergebnisse von seiner Williams Property im Golden Horseshoe von British Columbia bekannt gegeben. Das zweite Bohrloch (WM24-02) der ersten Phase zeigte drei separate Goldzonen, die eine großflächige Goldmineralisierung demonstrieren:

1. Hauptzone: 1,09 g/t Gold über 57,98 Meter
2. Zentrale Zone: 0,57 g/t Au über 26,3 m
3. Nordzone: 2,18 g/t über 8,41 m innerhalb von 1,33 g/t Au über 28,24 m

Diese Zonen sind jeweils 30 m und 50 m voneinander getrennt. Das Unternehmen hat nun über 600 laterale Meter Goldmineralisierung identifiziert, mit Potenzial für mehrere Kilometer Erkundungslänge. Die Mineralisierung bleibt offen nach Osten, Westen und in der Tiefe und bietet erhebliches Erkundungspotenzial.

Positive
  • Discovery of two new gold mineralization zones, expanding the project's potential
  • Intersected high-grade and bulk tonnage mineralization in three separate zones
  • Extended gold mineralization east of previous results
  • Identified over 600 lateral metres of gold mineralization with potential for several kilometers of strike length
  • Mineralization remains open in multiple directions, indicating significant exploration upside
Negative
  • None.

VANCOUVER, BC / ACCESSWIRE / August 8, 2024 / Omega Pacific Resources Inc. (CSE:OMGA)(OTCQB:OMGPF)(FSE:Q0F) ("Omega Pacific" or the "Company") is pleased to announce additional drill results from its 2024 drill program at the Williams Property in British Columbia's Golden Horseshoe. Assay results from Phase One's second drill hole (WM24-02) continue to demonstrate high-grade and bulk tonnage mineralization (Figure 1).

Highlights

  • Gold mineralization has been extended east of the previous results in WM24-01 and WM22-02

  • Discovery of two new gold mineralization zones located deeper and north of historical results

  • Results including 1.09 g/t Gold over 57.98 metres (principal zone), 0.57 g/t Au over 26.3 m (central zone), and 2.18 g/t over 8.41 m within 1.33 g/t Au over 28.24 m (north zone)

    • These zones are separated by 30 m and 50 m respectively.

Omega Pacific's CEO Jason Leikam commented, "Omega Pacific management is very pleased with the results of our drill program to date. We continue to deliver robust mineralization at our Williams Property. The results of drill hole WM24-02 indicate two new gold zones, giving us a new understanding of our project and presenting significant exploration upside. Overall, we are starting to realize a broad, bulk tonnage gold bearing system with localized high grade, and we are eager to report on the pending results of the final two holes from our initial drill program at GIC. The complete dataset will provide us with clear direction on our next steps for Williams and will help guide our strategy for a Phase 2 drill program."

Drill Results at GIC

WM24-02 was drilled east of holes WM24-01 and WM22-02 (Omega Press Release July 24, 2024) and intersected the principal zone from 230-295 m downhole (Figure 2). As noted in previous drilling, this mineralization is centred on a black basaltic unit with several phases of quartz veining and pyrite mineralization. Individual assays in the principal zone returned values up to 107 g/t Au in neighbouring drill holes. A bulk-tonnage intersection from this zone in WM24-02 included 1.09 g/t Au over 57.98 m.

Figure 1. Plan map of the GIC Prospect showing 2022 and 2024 drill holes on bedrock geology. Drill hole WM22-03 intersected 4.64 g/t Au over 8 m and lies 600 metres east of WM24-01 and 24-02.

Altered volcanic rocks were noted below the basaltic unit in previous drilling - the two new zones revealed in WM24-02 are part of these same altered volcanic rocks. These volcanic rocks have been extensively altered and silicified with variable amounts of pyrite ranging up to 15-20% over several multi-metre sections. Local shear zones and brecciated intervals have also been noted highlighting potential structural controls on mineralization at the GIC prospect. The central zone returned 0.57 g/t Au over 26.3 m while the northern, deeper zone returned 2.18 g/t Au over 8.41 m within a broader, bulk-tonnage interval of 1.33 g/t Au over 28.24 m (Figure 2).

GIC Expansion

Omega Pacific anticipates that pending assays for drill holes WM24-03 and WM22-02 (extension) will expand the central and north zones further west. Some aspects of the core logging observations coupled with XRF analysis in the field suggest this is possible - notably, correlations between gold assays and arsenic, potassium, and zinc in analytical results so far and increased abundances in the latter three elements from WM24-03 and WM22-02 (extension).

With the encouraging follow-up results from the 2024 drill program and the historical 2022 results, Omega has >600 lateral metres of gold mineralization between the holes of this news release and WM22-03 (Figure 1). This envelope of gold mineralization is still wide open to the east and west representing several kilometres of potential strike length to explore. Further to the potential expansion east and west of the three zones, it is important to note that they are also open to expansion closer to surface and to depth. The principal and north zones have been intersected at ~250 and 390 vertical metres from surface, respectively. This leaves an abundance of room to grow these zones towards surface with shallow drilling.

Figure 2. Cross-section of drill holes WM24-01 and WM24-02 with current gold results on IP chargeability. WM24-02 intersected three distinct zones of gold mineralization (principal, central, and north).

Select Assay Results WM24-02

Hole

From (m)

To (m)

Width (m)

Au (g/t)

WM24-02

232.02

290.0

57.98

1.09

and

320.0

346.3

26.3

0.57

and

397.62

425.86

28.24

1.33

Table 1. Select assay intervals from drill hole WM24-02. True thicknesses of mineralization are not known given the early stage of exploration. A complete list of all drill results to date will be posted to the Company's website at OmegaPacific.ca.

Drill Collar Locations

HoleID

Easting (m)

Northing (m)

Elevation (m)

Azimuth

Dip

Depth (m)

WM24-01

572769

6408008

1655

0

-57

503

WM22-02(ext)

572769

6408010

1655

0

-50

From 300-502

WM24-02

572770

6408008

1655

13.66

-48.95

509

Table 2. Current drill hole information.

Omega Pacific's summer 2024 drill program is designed to drill up to 2,000 m at the GIC Prospect of the Williams Property. The GIC Prospect represents a >4 km long target with overlapping gold-copper rock and soil anomalism and chargeability/resistivity anomalies from induced-polarization (IP) geophysical surveys. This area is marked by the "Park Gossan" and occurs proximal to the contact between volcanic and intrusive rocks and large-scale faults all of which are critical to mineralization elsewhere in the Golden Horseshoe. It has seen limited historical exploration drilling of ~2,300 m.The company will report on additional program results over the summer season as it receives assays.

Corporate Update

Additionally, the Company announces that Grant Carlson has resigned as a Director of the Company. The Company wishes to thank Mr. Carlson for his service as a Director.

Quality Assurance/Quality Control (QA/QC) Measures and Analytical Procedures

Omega Pacific adheres to a strict QA/QC monitoring program that includes the insertion of blanks, standards and duplicates into the sample stream, as well as the re-submission of select samples for check assays by an independent third party laboratory. Drill core is cut in-half with a diamond saw, with one-half placed in sealed bags and shipped to the laboratory and the other half retained on site. Third party laboratory checks on 5% of the samples are carried out as well. Chain of custody is maintained from the drill to the submittal into the laboratory preparation facility.

Core samples were prepared and analyzed by ALS Labs in Kamloops and Vancouver, BC using Fire Assay methods on a 30g split with an atomic absorption finish. Gold assays exceeding 10 g/t were re-assayed with a gravimetric finish. Samples were also analyzed for a 48-element suite via mass-spectrometry with a four acid digestion.

The Company adheres to CIM Best Practices Guidelines for exploration related activities conducted on its property. Quality Assurance and Quality Control (QA/QC) procedures are overseen by the Qualified Person.

Qualified Person

Robert L'Heureux (P.Geol.), Director of Omega Pacific Resources, is the "Qualified Person" as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects and has reviewed, validated and approved the scientific and technical information contained in this news release. Mr. L'Heureux oversees exploration planning and execution at the Williams Property.

About Omega Pacific

Omega Pacific is a mineral exploration company focused on the development of mineral projects containing base and precious metals. The Company is actively exploring its British Columbia located properties and continues to evaluate assets globally for further acquisitions.

For more information, please contact:

Omega Pacific Resources Inc.

Jason Leikam, Chief Executive Officer & Director
Tel: +1 (778) 650 4255
Email: jason@omegapacific.ca

Cautionary Statement

Certain statements contained in this press release constitute forward-looking information under the provisions of Canadian securities laws including statements about the Company's plans. Such statements are necessarily based upon a number of beliefs, assumptions, and opinions of management on the date the statements are made and are subject to numerous risks and uncertainties that could cause actual results and future events to differ materially from those anticipated or projected. The Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors should change, except as required by law.

Neither the CSE nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Omega Pacific Resources Inc.



View the original press release on accesswire.com

FAQ

What were the key gold intersections in Omega Pacific's (OMGPF) recent drill results at the Williams Property?

The key gold intersections from drill hole WM24-02 were 1.09 g/t Gold over 57.98 metres in the principal zone, 0.57 g/t Au over 26.3 m in the central zone, and 2.18 g/t over 8.41 m within 1.33 g/t Au over 28.24 m in the north zone.

How much lateral gold mineralization has Omega Pacific (OMGPF) identified at the Williams Property as of August 8, 2024?

Omega Pacific has identified over 600 lateral metres of gold mineralization between the holes reported in this news release and previous drilling (WM22-03).

What is the potential strike length for exploration at Omega Pacific's (OMGPF) Williams Property?

The envelope of gold mineralization is open to the east and west, representing several kilometres of potential strike length to explore at the Williams Property.

How many new gold zones did Omega Pacific (OMGPF) discover in drill hole WM24-02?

Omega Pacific discovered two new gold mineralization zones in drill hole WM24-02, located deeper and north of historical results.

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