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:

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."

read more >
You've seen placer gold being mined on Gold Rush, Discovery's gold mining TV show. But one junior explorer just announced that it's started to commercially mine placer gold in south-central British Columbia from a pay channel underneath Lightning Creek. At least one analyst thinks that makes this junior a Speculative Buy.
read more >
headshot of Bill Newman

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."

A junior explorer in BC is one of a kind. It is not only exploring for gold in a historic gold mining camp but it is looking to supplement exploration with potential gold sales from a joint-venture, underground paleoplacer mining operation. Now the company has added some much-coveted claims to its land package.
read more >
headshot of Chris Temple

Chris Temple, The National Investor

(5/16/22)
"We have a Buy recommendation on Omineca Mining and Metals Ltd."

headshot of Bill Newman

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."

More Expert Comments

Experts Following This Company

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

Company News 

6/30/2022 – Omineca Commences Placer Gold Recovery Operations 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
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