Omnia Metals Group Ltd Seals 50/50 Gold Exploration JV with Hardy Metals, Uncovering High-Grade Intercepts (Up to 40.3g/t) and Expanding a 410 km² Salt Creek Portfolio

Thursday, August 7, 2025
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9:25 am
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Omnia Metals Group Ltd has secured a promising gold exploration tenement through a 50/50 joint venture with Hardy Metals. Following successful drilling at its Salt Creek project in the Albany-Fraser region, the company aims to unlock high-grade gold opportunities and potential future mining rewards.

Omnia Metals Group Ltd has advanced its position in gold exploration by entering a binding joint venture term sheet with Hardy Metals Pty Ltd over a promising tenement application near its Salt Creek Project, located northeast of Kalgoorlie. The agreement, established on 6 August 2025, outlines a 50/50 participation between the two companies, whereby both will contribute equally to a proposed two-year exploration budget of US$150,000. Omnia intends to finance its share using its current cash reserves and the existing Salt Creek Project budget, further reinforcing its commitment to advancing the project. Technical details from recent exploration work underscore the tenement’s potential. Notable intercepts include a 3‐meter section returning 40.3 grams per tonne (g/t) gold from a depth of 97 meters, another 3-meter interval of 4.62 g/t gold from 122 meters along with a sub-interval of 2 meters at 6.65 g/t, and a 3-meter intercept recording 3.02 g/t gold from 66 meters. These figures, combined with the company’s strategic land position in the Albany-Fraser Orogen, highlight a compelling opportunity in an area known for historical high-grade gold occurrences and proximity to significant deposits like Tropicana. In addition to the Salt Creek prospect, the announcement outlines detailed historical data and ongoing exploration activities at the Corvette Project, located approximately 250 kilometers east-northeast of Kalgoorlie. The Corvette Project, previously explored by notable industry players and characterized by significant gold-bearing structures over an 8-kilometer strike length, benefits from both primary and supergene gold mineralization styles. Past drilling by industry veterans has identified two distinct mineralization events, one with lower grades hosted by sheared copper-gold zones and another with high-grade, gossanous fractures. The sentiment around these developments is mixed but generally leans toward optimism. Bullish indicators include the low-cost acquisition of a highly prospective ground, impressive high-grade drill intercepts, and the strategic joint venture arrangement which may reduce financial and operational risks. The collaborative financial structure and clearly defined exploration budget suggest positive near-term momentum. On the downside, uncertainties remain. Assay results from the initial drilling program at Salt Creek are still pending, and the true width of the mineralization remains poorly constrained. These factors imply that further verification and additional drilling will be necessary before the exploration potential is fully realized. Overall, Omnia Metals Group Ltd’s latest move signals a robust commitment to expanding its gold exploration portfolio. While the early stage nature of the project brings along inherent risks, the significant drill results and strategic joint venture with Hardy Metals provide a solid foundation for future exploration success, making the development an intriguing prospect for beginner traders keeping an eye on emerging opportunities in the precious metals sector.

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