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Omineca Kickstarts Gold Recovery at Wingdam
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Omineca Kickstarts Gold Recovery at Wingdam

Omineca Mining and Metals (TSE:OMM) has released an update.

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Omineca Mining and Metals Ltd. has commenced the recovery and processing of placer gold at their Wingdam Paleoplacer project in British Columbia, with over 10 ounces of gold already extracted from the initial phase. The company is utilizing a wash plant and other effective mining techniques to unearth gold, noting that the higher concentrations are typically found in the central part of the paleochannel. As gold prices have nearly doubled since the project’s inception, these developments could signal a significant boost for Omineca.

For further insights into TSE:OMM stock, check out TipRanks’ Stock Analysis page.

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