Omega Pacific Launches Drilling, Eyes Expansion

Omega Pacific Resources, Inc. (TSE:OMGA) has released an update.

Omega Pacific Resources Inc. has initiated a drilling program at its Williams Property, focusing on the promising mineralization discovered at GIC Prospect. The program includes up to 2,000 meters of diamond drilling, with efforts to expand the high-grade gold zone identified in previous campaigns. To fund further exploration, Omega Pacific plans a $2.5 million private placement of flow-through shares.

For further insights into TSE:OMGA stock, check out TipRanks’ Stock Analysis page.