Omineca Jump: All Uphill Now?
Contributed Opinion

1. Omineca Mining and Metals Ltd. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$4,000 and US$5,000. 
2. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Omineca Mining and Metals Ltd.
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Omineca Mining and Metals Ltd.'s (OMM:TSX.V; OMMSF:OTCMKTS) December 17 news was definitely an attention-getter.

The company quickly followed up with a flow-through financing close, and — with the news that it's doubling down on its drilling campaign — the result was some slight strengthening of the share price.

The company's Dean Nawata recounted in a preChristmas conversation that "We're hitting wide intersections of the kind of rocks we want," comparing what's being visibly seen so far with drilling back when while he was on the crew at the former Barkerville (which Osisko now has.)

Dean also offered that a couple of the holes had already been drilled deeper than planned, as they were still going through what they wanted to see. The proof (or not) will come when assays do.

As far as Nawata recollected when we spoke, three holes' worth of core had been sent to the lab already. Obviously, the exploration team led by long-time hand Steve Kocsis is jazzed up about things so far.

We should be hearing some results early in the New Year; and I expect there to be a few different announcements as holes come in.

As for the underground work, Nawata intimated that (obvious now) we'll also be waiting until the first days of 2025 for a progress report there, although (again!) everything was in place to start gold recovery.