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$.
The directors main objective is to undertake the necessary work to prove independently the quality and quantity of the gold resource and produce verifiable NI 43-101 reports to validate the claims. Achieving this initial objective will position the company for an exit, either via an IPO/RTO or any other scenario within the next 12 months that will provide a profitable early exit for seed investors.
Innovative and forward thinking, not just another run-of-the-mill mining exploration company. Sitting on a vast untapped resource in British Colombia Canada, our mission is to leverage the Directors decades of experience and knowledge in the region, leading to sustainable growth in the provable value of the company’s assets and business.
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The experienced team, directors and management are united in their objectives and possess the critical components necessary to take the company to IPO and beyond. Considerable years of mining and corporate structuring experience, decades of local knowledge in the region and an established global capital raising infrastructure coupled with the current trajectory for gold in the medium to long term and we believe the timing is now perfect to capitalize on an asset that is potentially worth many Billions US$.
The directors are aiming to list the company in a leading jurisdiction within the next 12 months, providing a profitable early exit for seed investors.
* * Theoretical Illustrative value of unmined gold in the ground based on an estimated 1.7 million ounces and a gold spot price of $1,900. This is NOT referencing the valuation of the company; it simply illustrates the vast potential resource under the company’s ownership. The quantity and value of gold stated is subject to independent appraisal and updating and in practice could be a greater or lesser amount.
Latest News & Updates
the IPO process has commenced and is now well underway. At this stage, three months into the process, the various key parties have been engaged (corporate advisors, sponsor, underwriters, lawyers, auditors and bankers) and due diligence completed.
During this past year, the primary US inflation gauge recorded extremes not seen in four decades. The monthly headline Consumer Price Index averaged blistering 8.1% year-over-year surges, never printing lower than 7.1%. June 2022’s staggering 9.1% peak proved the hottest CPI s…
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.
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.
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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.
Of all the precious metals, gold is generally perceived to be the most popular as a safe/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.
More
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.
Investors buy gold as a way of diversifying risk, especially through the use of futures contracts and derivatives.
More
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
Canada
Mineral exploration plays a key role in ensuring the long term viability of Canada’s mining industry. It leads to the discovery and development of mineral deposits that may become future mines, creating jobs — often in remote and northern communities — and attracting significant investments. Canada is one of the safest jurisdictions for mining in the world, and the Canadian mining sector’s commitment to responsible environmental and social practices is widely recognized internationally.
Canada is the 4th largest producer of Gold globally (source: World Gold Council, US global Investors). Boasting a stable political, legal and economic system Canada is one of the top ranked countries globally for investment and recognized as one of the most attractive countries in which to invest in Gold Mining.
Mineral exploration plays a key role in ensuring the long term viability of Canada’s mining industry. It leads to the discovery and development of mineral deposits that may become future mines, creating jobs — often in remote and northern communities — and attracting significant investments.
More
Canada is one of the safest jurisdictions for mining in the world, and the Canadian mining sector’s commitment to responsible environmental and social practices is widely recognized internationally.
Canada is the 4th largest producer of Gold globally (source: World Gold Council, US global Investors). Boasting a stable political, legal and economic system Canada is one of the top ranked countries globally for investment and recognized as one of the most attractive countries in which to invest in Gold Mining.
Cariboo Gold Belt, British Columbia
The Cardinal gold channel Fork and the Omega channel are located in the Cariboo region, British Colombia, Canada. This is an area well known for gold production since the late 1800’s. The Cariboo gold belt in south-central British Columbia was a world class and historic gold producing region. Historic gold production in the Cariboo area was approximately 3.8 million ounces (approx. $6.8 billion at today’s spot price of +/- $1,800). This is an estimate only as prior to 1874 gold production was not recorded. 90 percent of the placer gold was recovered from Late Pleistocene, pre-glacial and interglacial gravels in buried paleo-channels of modern stream valleys. In addition, the placer operation from the Bullion pit at Likely produced 175,000 ounces of gold and 1,800 ounces of platinum. Gold and platinum were also reported in placers in the Frank Creek area in similar proportions.
The Cardinal gold channel Fork and the Omega channel are located in the Cariboo region, British Colombia, Canada. This is an area well known for gold production since the late 1800’s.
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The Cariboo gold belt in south-central British Columbia was a world class and historic gold producing region. Historic gold production in the Cariboo area was approximately 3.8 million ounces (approx. $6.8 billion at today’s spot price of +/- $1,800). This is an estimate only as prior to 1874 gold production was not recorded. 90 percent of the placer gold was recovered from Late Pleistocene, pre-glacial and interglacial gravels in buried paleo-channels of modern stream valleys. In addition, the placer operation from the Bullion pit at Likely produced 175,000 ounces of gold and 1,800 ounces of platinum. Gold and platinum were also reported in placers in the Frank Creek area in similar proportions.
Property Acquisition
British Columbia
The company made excellent progress in 2021, significantly expanding the land area of the gold properties under the Company’s ownership from 250 hectares at the start of the year to approximately 8,700 hectares – 87 square KM. by year end. The current estimated valuation of the gold properties is, on a conservative basis, approx. 140 million GBP. The asset valuation is expected to increase in line with the additional +/- 774 additional hectares that the company acquired in February 2023 in the run up to the planned Singapore listing, bringing the total footprint under company ownership to more than 9,598 hectares (96 Km2).
In the new 2023 mining season, given the recent new acquisition of a nearby boutique mining operation complete with processing plant, the company will be engaged in both exploration and actual mining. Primarily work is focused towards providing stock exchange compliant NI43-101 reports. NI 43-101 Stock Exchange compliant reporting work (surveying/drilling etc) will continue through Q2 and Q3 2023. These NI 43-101 reports will provide the basis for the valuation required to support an IPO or, in the case of a RTO scenario, for the injection of such properties into other listed entities, offering a fast-track exit to Omega Minerals Plc Investors.
British Columbia
The company made excellent progress in 2021, significantly expanding the land area of the gold properties under the Company’s ownership from 250 hectares at the start of the year to approximately 8,700 hectares – 87 square KM. by year end. The current estimated valuation of the gold properties is, on a conservative basis, approx. 140 million GBP. The asset valuation is expected to increase in line with the additional +/- 774 additional hectares that the company acquired in February 2023 in the run up to the planned Singapore listing, bringing the total footprint under company ownership to more than 9,598 hectares (96 Km2).
In the new 2023 mining season, given the recent new acquisition of a nearby boutique mining operation complete with processing plant, the company will be engaged in both exploration and actual mining. Primarily work is focused towards providing stock exchange compliant NI43-101 reports. NI 43-101 Stock Exchange compliant reporting work (surveying/drilling etc) will continue through Q2 and Q3 2023. These NI 43-101 reports will provide the basis for the valuation required to support an IPO or, in the case of a RTO scenario, for the injection of such properties into other listed entities, offering a fast-track exit to Omega Minerals Plc Investors.
More
The current estimated valuation of the gold properties is, on a conservative basis, approx. 140 million GBP. The asset valuation is expected to increase in line with the additional +/- 1,500 additional hectares that the company is aiming to acquire in March/April 2022 in the run up to the planned IPO, bringing the total footprint under company ownership to more than 10,500 hectares (105 Km2).
The Mining arm of the company is presently concentrating exclusively on proving the estimated gold reserves on key strategically located properties. There will be some active gold production but primarily work is focused towards providing stock exchange compliant NI43-101 reports. NI 43-101 Stock Exchange compliant reporting work will continue through Q1 and Q2 2022. The first segment of these Stock Exchange compliant reports is expected to be completed before the end of August 2022. These NI 43-101 reports will provide the basis for the valuation required to support an IPO or, in the case of a RTO scenario, for the injection of such properties into other listed entities, offering a fast-track exit to Omega Minerals Plc Investors.
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- P Series Alluvial Properties
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- P Series Mineral Properties
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- 3065 Collection Alluvial Properties
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- 3065 Collection Mineral Properties
Total Properties:
Over 9,598 hectares (96 km2)
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.
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.
More
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.
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.
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.
More
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.
IPO Exit
Following a number of completed NI 43-101 compliant valuation reports (scheduled for release in 2023) the company aims to list on the SGX (Singapore). Given unique local knowledge in BC Canada, and the directors experience in the region, the company, a UK PLC based in London possesses a wide range of skills and knowledge needed to achieve the stated goals. The main objective is to create exceptional value and early exit for all stakeholders and shareholders. Importantly, all of the directors and key team members are stakeholders in the business and as such their interests’ are directly aligned with investors.
Contact Us
Omega Minerals PLC
Incorporated in England (reg. number 11073509)
85 Great Portland Street, Floor 1,
London, England, W1W 7LT
Tel: 020 7193 8181