Omineca Mining & Metals Ltd. Advances Private Placement and Expands Trident Operations

Omineca Mining & Metals Ltd. (TSXV: OMI) announced the successful closing of the second tranche of its private placement on 15 October 2025. The transaction, conducted under a private placement memorandum, raised additional capital that will be directed toward the development of its Trident project in British Columbia’s Okanagan region.

Private Placement Completion

The second tranche closed on 15 October 2025, following a comprehensive due‑diligence process with a group of institutional and strategic investors. The proceeds are earmarked for:

  1. Drilling and Exploration – Expanding the current drill program to identify additional mineralized zones and confirm the extent of the Trident deposit.
  2. Resource Definition – Supporting metallurgical testing, geological modelling, and resource estimation activities necessary to advance the project toward a preliminary economic assessment.
  3. Working Capital – Maintaining liquidity for day‑to‑day operations, permitting the company to maintain momentum while pursuing strategic partnerships.

The private placement underscores investor confidence in Omineca’s portfolio, which remains focused on high‑grade base‑metal deposits in Canada’s most prolific mining districts.

Arrival of Omineca Drilling at Trident

Concurrent with the private placement, Omineca announced that its drilling team has arrived at the Trident site. The first phase of drilling will commence immediately, targeting key structural trends identified in recent geological surveys. The company’s exploration strategy prioritizes:

  • High‑grade copper‑zinc targets with potential for additional gold mineralisation.
  • Geological continuity across the Trident, Toodoggone, and surrounding districts.
  • Sustainability by integrating environmental baseline studies before drilling operations begin.

The Trident project sits in proximity to the recently explored JD Project, where Sun Summit Minerals Corp. reported 6,864 m of drilling across 21 holes, yielding a 78 m interval of 3.72 g/t gold at depth. These regional results reinforce the mineral potential of the area and provide a contextual framework for Omineca’s exploration objectives.

Market Context

Omineca’s shares closed at CAD 0.055 on 14 October 2025, with a 52‑week low of CAD 0.04 and a high of CAD 0.085. The company’s market capitalization stands at approximately CAD 14.4 million. While the stock remains in a highly volatile, developmental phase, the recent capital raise positions Omineca to accelerate exploration activities and potentially unlock significant upside should the Trident deposit meet commercial expectations.

Forward Outlook

The combination of fresh capital, a focused drill program, and a proven regional geology positions Omineca Mining & Metals Ltd. to make substantive progress at Trident. Successful identification of additional mineralized zones could expedite a resource update and open pathways to a joint venture or a strategic partnership with a larger miner. As exploration moves forward, stakeholders should monitor assay results, resource estimates, and any developments in Canadian mining policy that could impact project economics.

In summary, Omineca’s recent private placement and operational expansion at Trident signal a decisive push toward converting its exploration portfolio into tangible value for shareholders.