Omega Minerals Plc
11,196
Hectares
13.8 Million
Ounces of Gold*
38.6 Billion
Potential Value of Unmined Gold (USD)**
About Omega
We do things differently
Innovative and forward thinking, not just another run-of-the-mill mining exploration company. Sitting on a vast untapped resource in British Colombia Canada, our mission is to leverage the Directors decades of experience and knowledge in the region, leading to sustainable growth in the provable value of the company’s assets and business.
The experienced team, directors and management are united in their objectives and possess the critical components necessary to take the company to IPO and beyond. Considerable years of mining and corporate structuring experience, decades of local knowledge in the region and an established global capital raising infrastructure coupled with the current trajectory for gold in the medium to long term and we believe the timing is now perfect to capitalize on an asset that is potentially worth many Billions US$.
The directors main objective is to undertake the necessary work to prove independently the quality and quantity of the gold resource and produce independent, exchange compliant NI 43-101 reports on its key properties. Achieving this initial objective will position the company for an exit, either via an IPO/RTO or other M&A scenario that will provide a profitable early exit for seed investors.
* * Theoretical Illustrative value of the unmined alluvial gold in the ground based on an estimated 13.8 million ounces gold resource (indicated, inferred and extrapolated) and a gold spot price of $2,800. This is NOT referencing the valuation of the company; it simply illustrates the vast potential resource under the company’s ownership as defined in various independent technical reports and NI 43-101. The quantity and value of gold stated is subject to updating and in practice could be a greater or lesser amount.
Demand for New Gold Reserves
The last decade has seen periods of decline in new investment into exploration projects and this has resulted in the discovery of few, if any, significant new gold reserves in recent years. One of the consequences of this underinvestment is that many of the bigger mining companies are now facing a potential future shortage of reserves. In recent years, in line with the rising price of gold, we are seeing an uptick in investment into the gold exploration sector and expect that this will continue in line with the increasing demand for gold.
A post Covid economic recovery could see further increases in demand for gold, especially from the technology and medical sectors and, as general wealth increases, greater demand from such markets as India and China for gold jewelry. Additionally, following recent political tensions and uncertainty, gold is again coming to the fore as a reliable safe haven asset.
Demand for Gold as an Investment
Of all the precious metals, gold is generally perceived to be the most popular as a secure investment. It’s longevity and virtually indestructible nature is a big part of the attraction. It has been said that every ounce of gold ever mined out of the ground still exists in some form or another. Gold does not corrode or decay and cannot be destroyed by fire. This is why all of the gold extracted from the earth can still be melted, re-melted and used over and over again. The only way to truly destroy gold at the molecular level is by thermonuclear reaction.
Gold is a time tested currency that is universally trusted. It will ALWAYS exist, gold is quite literally, here to stay.
Aside from being indestructible, gold has unique and irreplaceable uses in, for example, the medical, dentistry, electronics and the tech industry. It is immensely strong and yet malleable. Gold is non toxic, environmentally friendly and sustainable.
Gold is universally held in the highest regard and is arguably the most desirable investment of all time.
Hedge against Inflation, Safe Haven Asset
Investors buy gold as a way of diversifying risk, especially through the use of futures contracts and derivatives.
Like most commodities, the price of gold is driven fundamentally by supply and demand, including speculative demand. However, unlike most other commodities, saving and disposal play larger roles in affecting its price than its consumption. The price of gold is mainly affected by changes in sentiment, which affects market supply and demand equally, rather than on changes in annual production.
In 2020 we witnessed record prices for both gold and silver. Gold reached above $2,000 per ounce, while silver has risen nearly one-third, its fastest upward trend since 1987. Mining companies around the world are benefiting from this rising investment tide, as they work to strengthen their positions, increase their holdings and ultimately provide the raw material for investors looking for more stable options. In 2022 we have seen the price again heading north, with some commentators predicting $2,500 per ounce in the not too distant future.
Location
British Columbia, Canada
The Omega project covers a vast land area in the historically famous Cariboo gold mining region with potentially a multi-million ounce gold resource in British Columbia, Canada. British Columbia is one of Canada’s most prolific and most promising regions for gold production.
The Project is approximately 37.8km east of Quesnel, a town of 10,000 people located in the Cariboo Mining District in east-central British Columbia, Canada. Travel from Vancouver to Quesnel is via the Trans-Canadian Highway Number 1 to Kamloops and then onto the Cariboo Highway Number 97, with a journey time of eight hours, Figure 2-1. Alternatively, Quesnel has daily flights to/from Vancouver and is also serviced by the tourist train “The Rocky Mountaineer”.
The Cardinal Channel
The Cardinal Channel in British Columbia is a noteworthy gold prospecting zone, boasting a rich geological history ideal for gold deposits. Nestled in an area where ancient volcanic activity was rampant, this zone features an abundance of quartz veins, a common gold host rock.
Over time, glaciers in the region have eroded these gold-hosting rocks, dispersing gold particles throughout the channel. As these glaciers retreated, they left behind gold-laden gravels and sediments, making the Cardinal Channel an alluring destination for prospectors.
This geologically dynamic area underwent several transformation phases millions of years ago, including the accretion of exotic terranes and complex tectonic activities. The amalgamation of terranes resulted in a diverse geological setting, making the Channel a strategic location for gold prospecting. Tectonic forces, magma, and volcanic activities enriched the area’s metallogenic profile, ultimately paving the way for significant gold mineralization.
Volcaniclastic rocks dominate the Channel, which are crucial for gold deposit formation. These rocks underwent alterations, causing the precipitation of minerals including gold, within the rock’s porous sections. Gold is typically found associated with quartz veins, providing prospectors with clear targets for exploration. The Cardinal Channel also lies within a broader geological setting known for its gold-bearing potential, the Eureka Thrust. This geological feature represents a significant fault zone where the immense pressures and fluids associated with tectonic activity have mobilized and concentrated gold.
Property Acquisition
In our previous Investor Update (Dec. 2023), we reported on the outstanding results of last season’s exploration program, the headline story being the summer drilling program and the expansion of the alluvial gold resource, which increased from approximately 2 million ounces of gold in 2022 to more than 9.75 million ounces in 2023 (combined indicated, inferred resource and extrapolated estimates). In our most recent investor update, covering the 2024 season we reported an increase in the estimated gold resource at 13.8 million ounces.
The company has an impressive track record, having expanded its alluvial gold resource from 60,000 ounces in 2020 to 2 million ounces in 2022 and to more than 13.8 million ounces of gold in 2024. The extracted value of the unmined gold would be worth almost US$40 billion at today’s gold spot price ($3,000 Oz.).
In addition to the alluvial resource, Omega owns the rights to mineral deposits (hard rock) covering about the same area as the alluvial properties. The Hard Rock mining potential of the Mineral rights is in addition to the estimated alluvial resource and could also be millions of ounces. The potential gold resource buried deep in the hard rock is not included in the estimates at this time until we have conducted further drilling and surveying, but works carried out so far indicate promising potential.
Omega’s alluvial resource is currently estimated at close to 14 million ounces of gold, on more than 11,000 hectares of gold properties.
Process
Independent surveys and reporting
The Company will carry extensive geophysics, boots on ground geographical and 2D resistivity surveys, drilling, trenching and pit testing monitored and evaluated by world renowned independent surveyors, including Roma and SRK, to enable valuation based on NI43-101 reporting standards. The Company works with specialist geologists and survey experts, principally with SRK, a U.K. headquartered global leader in the field and Roma Group headquartered in Hong Kong. They are ideal to implement the Company’s model, based on exploration, proving reserves and enhancing valuations.
The geologist teams will be conducting extensive work and produce surveying, sampling, geological reports and all other technical due diligence that is necessary to verify the presence, location and quantum of gold and mineral resources.
Environmental Standards
Mining companies must satisfy environmental regulations and address community expectations at all stages of the mining life cycle. Our specialist providers comply with internationally recognized practices and reporting requirements and independent technical reports produced for worldwide stock exchanges, banks and private investors.
NI 43-101 (National Instrument)
National Instrument 43-101 (the “NI 43-101” or the “NI”) is a national instrument for the Standards of Disclosure for Mineral Projects within Canada. The Instrument is a codified set of rules and guidelines for reporting and displaying information related to mineral properties owned by, or explored by, companies which report these results on stock exchanges within Canada. This includes foreign-owned mining entities who trade on stock exchanges overseen by the Canadian Securities Administrators, even if they only trade on Over The Counter (OTC) derivatives or other instrumented securities.
The purpose of National Instrument 43-101 is to ensure that misleading, erroneous or fraudulent information relating to mineral properties is not published and promoted to investors on the stock exchanges overseen by the Canadian Securities Authority. NI 43-101 stipulates and codifies the form and content of a compliant report (i.e. a report that complies with the Reporting Standard).
Prescribed disclosure within the National Instrument relates to:
❖All disclosure of scientific or technical information, including disclosure of a mineral resource or mineral reserve, concerning a mineral project on a property material to the issuer must be based upon information prepared by or under the supervision of a qualified person.
❖What the National Instrument is to be used for, such as which types of mineral properties must be covered by a compliant report.
❖Prescribes the terminology to be used to describe various features, both geologically and financially, within the report.
❖Stipulates the type of information to be discussed and the technical data which must be portrayed, for various levels of reporting.
❖Prescribes a list of approved Competent Persons, and the definition of Groups and Associations which may qualify to certify such a person as “Qualified”.
❖Prescribes that a Qualified Person vouches for the accuracy and completeness of the contained information and the manner in which it is presented.
❖Provides guidance on reporting Historical mineral resource estimates
Proscribed disclosure within the National Instrument precludes a Company from reporting:
❖Quantity, grade, or metal or mineral content of a deposit that has not been categorized as an inferred mineral resource, an indicated mineral resource, a measured mineral resource, a probable mineral reserve or a proven mineral reserve.
❖Results of an economic analysis that includes inferred mineral resources.
❖Allows for the potential grade, quantity and metal or mineral content of an exploration property, provided that a qualifying statement is made as to this being conceptual in nature.
❖The term preliminary feasibility study, pre-feasibility study or feasibility study when referring to a study unless the study satisfies the criteria set out in the National Instrument.
❖The promulgation of a codified reporting scheme makes it more difficult for fraud to occur and reassures investors that the projects have been assessed in a scientific and professional manner. However, even properly and professionally investigated mineral deposits are not necessarily economic, nor does the presence of a NI43-101-, JORC- or SAMREC and SAMVAL-compliant CPR or QPR necessarily mean that it is a good investment.
5 May ’25
Core samples from drilling processed and sent for analysis: Samples indicate an extraordinarily high-grade gold content, some samples as high as 200 g/t, at a depth of from 5 metres
Mining activities planned for June/July.
Balancing Mining and Exploration: A Value-Maximizing Strategy: 2025 will see a strategic shift toward small-scale mining operations as mentioned in our February update, continued exploration remains necessary to further enhance asset value and support long-term growth..
JP Jenkins Platform Update.
PISCES, new UK regulatory framework.
Gold hits another all-time high: Gold prices have surged over 22% since January 2025.
Basel III: Leading financial institutions project gold reaching $3,300-$3,700 by year-end, with potential for $4,000 in 2026.
10 March ’25
Resource Update: Recent drilling has confirmed exceptional high-grade alluvial gold deposits along the Eureka Thrust geological formation, with some samples yielding up to 200 g/t gold at shallow depths (5-12m).
Expanded Resource Potential: Updated technical reports indicate a potential alluvial resource of 9.9 million ounces in addition to the previously identified 3.9 million ounces in the 3065 collection.
Strategic Land Acquisition: Following expert recommendations, Omega has successfully acquired additional high-potential tenements contiguous with existing properties, expanding our footprint in gold-rich glacial till zones.
Production Timeline: Mining operations are scheduled to commence in May 2025, targeting high-grade zones that will generate immediate revenue while providing valuable operational insights.
Corporate Progress: The company continues to advance multiple exit strategy discussions, supported by favorable gold market conditions and new trading platform visibility through JP Jenkins with CREST facility.
Analysts have been extremely bullish on gold, as the precious metal has re-established itself as an important monetary asset within the global economy. According to sentiment within the official sector, this trend, which began in mid-2022, is not expected to reverse anytime soon.
Reports of the trade war truce appear to have been greatly exaggerated, and the resumption of economic hostilities this week helped to propel gold through a series of strong sessions as it broke back above $3,300 per ounce.
Rising U.S. government debt levels will continue to push more investors toward gold as they seek value and safety in the marketplace, according to one market strategist.
Gold surged above $3,400 to a new record on Monday, as a fresh bout of US dollar weakness, uncertainty over the US-China trade tensions and an end to the Russia-Ukraine ceasefire spurred demand for the safe-haven metal. Spot gold rose more than 3% to a new all-time peak on Monday and were already adding to gains in overnight Asian trading to a new record of $3,436.01.
Corporate Strategy
Value Creation Through Strategic Exploration
Omega has maintained a consistent focus on the exploration and demonstration of both alluvial and hard rock potential, successfully increasing the company’s gold resources to multi-billion dollar values.
From inception, Omega’s strategy has been clear: increase shareholder value through strategic acquisitions, targeted low-cost exploration, and the production of independent valuation and technical reports leading to NI 43-101 compliant status. This disciplined approach continues to expand our gold resource base and overall valuation, positioning the company for an optimal exit strategy that maximizes returns for all stakeholders.
Aligned Interests
With approximately 75% of Omega’s shareholder structure comprised of insiders, management, and directors, our interests are precisely aligned with those of our external shareholders who represent the remaining 25%. This alignment creates a unified commitment toward achieving the most profitable exit in the shortest timeframe possible.
Path Forward
Omega continues its disciplined approach of stable growth and value creation while actively pursuing various exit opportunities. The board remains engaged in ongoing discussions and negotiations aimed at creating meaningful liquidity for shareholders while maximizing value. Our ultimate goal is to provide a stable foundation for further mining exploration and development while delivering exceptional returns to our investors.
IMPORTANT NOTICE:
With respect to any investments or communications with Omega Minerals PLC, please contact us directly using only information@omegamineralsplc.com, call our London office on 020 3883 5845, or use the contact form below. If you have an advisor or introducer please quote their name and email address.
Omega Minerals PLC
Incorporated in England (reg. number 11073509)
85 Great Portland Street, Floor 1,
London, England, W1W 7LT
Tel: 020 3883 5845
Omega Minerals (Clearing) PTY LTD
ACN 625 107 726
13 Regency Terrace , Lysterfield,
VIC 3156 Australia
Bankers: ANZ (Australia)
Omega Minerals Clearing Pty Ltd., (Aus) is a 100% wholly owned subsidiary of Omega Minerals Plc (UK) and is the duly appointed receiving entity of Omega Minerals Plc. acting on behalf of Omega Minerals Plc. pursuant to the Company’s exclusive express order for the Canada Mining Operations Project.