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Omineca Forms Joint Venture With HMI Mining to Develop Wingdam Gold Project

PUBT·11/12/2026 13:06:27
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Omineca Forms Joint Venture With HMI Mining to Develop Wingdam Gold Project
  • Omineca entered a binding agreement on November 12, 2026, with HMI Mining to jointly develop the Wingdam placer gold project.
  • HMI will acquire 50% ownership; the company will retain a 50% carried interest through commercial production and thereafter.
  • As project operator, HMI will provide mining and engineering services with exclusive rights to mine all placer gold on project claims.
  • The partner will deliver 50% of recovered gold to the company at a cost of CAD 1,000 per ounce.
  • An additional CAD 250 per ounce will apply until submission of a five-year mine plan.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Omineca Mining and Metals Ltd. published the original content used to generate this news brief via TheNewswire (Ref. ID: 202611120800TNWSWRCACNPR_____1k1vFXxzJ) on November 12, 2026, and is solely responsible for the information contained therein.