- Omnia Metals (OM1) encounters up to 10.3 per cent copper and 29g/t silver at its Ord Basin Project in Western Australia
- In October, Omnia collected eight samples from the Caves Prospect to validate surface copper data that was reported by Metals Exploration in 1969
- Of the eight samples collected, six returned grades of more than 350 parts per million copper
- The next stage of exploration at Ord Basin includes aerial magnetic, gravity and EM surveys as well as geological mapping ahead of a maiden drilling program in H2
- Omnia is up 8.82 per cent on market close with shares trading at 18.5 cents.
Omnia Metals (OM1) has encountered up to 10.3 per cent copper and 29g/t silver at its Ord Basin Project in Western Australia.
In October, Omnia collected eight samples from the Caves Prospect to validate surface copper data that was reported by Metals Exploration in 1969.
The samples were collected from the outcropping contact between the Antrim Plateau Volcanics (APV) and the overlying Headleys Limestone.
Of the eight samples collected, six returned grades of more than 350 parts per million (ppm) copper.
In addition to the 10.3 per cent copper and 29g/t silver encountered, 10.1 per cent copper, 9.9 per cent copper and 22g/t silver was also identified.
“It is exciting to validate the presence of high-grade copper mineralisation at the Caves Prospect. The last exploration program completed at Caves was in 1969, so to physically go out and observe abundant copper-stained rocks, that carry good grades and have never been followed up is an encouraging sign of things to come,” Executive Director James Warren commented.
“Following the successful listing of Omnia, we have been in the field visiting all the key target areas we identified during desktop studies to refine our exploration strategy for the year ahead.”
Omnia also recently completed helicopter-borne mapping and sapling over key areas of the Ord Basin Project with samples en route to the laboratory for multi-element analysis with results expected in four to six weeks.
The next stage of exploration at Ord Basin includes aerial magnetic, gravity and electromagnetic surveys, geological mapping and surface geochemistry.
This will be followed up by a maiden drilling program in H2.
Omnia was up 8.82 per cent on market close with shares trading at 18.5 cents.