VANCOUVER, BC / ACCESSWIRE / March 1, 2024 / Omega Pacific Resources Inc. (CSE:OMGA) ("Omega" or the "Company") is pleased to announce that it has entered into a definitive option agreement (the "Agreement"), dated Feb 29, 2024, with Copaur Minerals Inc. ( "Copaur" or the "Optionee") to acquire up to 100% undivided interest in its Williams Copper-Gold Project (the "Project") located in the Toodoggone region of north-central British Columbia.

The Option

A total of C$3 million in exploration expenditures must be incurred in year one and the payment of C$1 million in cash and 3 million shares to CopAur upon CSE approval of the option in order for Omega to earn a 51% interest. Omega will have a second option to acquire an additional 29% (for a total of 80%) by completing another $3 million in exploration expenditures in the second year and the payment of C$500,000 in cash and 2 million shares to CopAur. If Omega exercises the second option it will have a third option to acquire the remaining 20% by paying. ... see & read more on
https://www.accesswire.com/838071/omega-pacific-signs-option-agreement-to-acquire-high-potential-copper-gold-project