Omega Pacific Commences Maiden Drill Program at Its Williams Property

VANCOUVER, BC / ACCESSWIRE / June 20, 2024 / Omega Pacific Resources Inc. (CSE:OMGA)(OTCQB:OMGPF)(FSE:Q0F) announces the start of its 2024 drill program ("Phase 1") at the Williams Property in British Columbia's Golden Horseshoe. This phase focuses on expanding and extending the mineralization at drill hole WM22-02 at the GIC Prospect, which ended in mineralization during the last drill campaign in 2022.

Phase 1 will feature up to 2,000 meters of diamond drilling. Highlights include expansion drilling around WM22-02, which previously returned 50 meters of 2.2 g/t gold. Omega Pacific has engaged APEX Geoscience Ltd. to coordinate this program. APEX has experience in the region, having overseen projects like Thesis Gold's Lawyers-Ranch Project and Newmont's Tatogga Project.

Additionally, the company proposes a private placement of up to 3,424,657 flow-through shares at $0.73 per share, aiming to raise up to $2,500,000. The proceeds will be used for eligible "Canadian exploration expenses" related to its projects in British Columbia.

Omega Pacific has also entered into a consulting agreement with Spark Newswire for investor relations and market advisory services, with a cash fee of US$30,000 for an initial term of three months.