Eureka Thrust in the Cariboo, Insider Ownership, Massive Trading Volume, & Big Chart Buy Targets

Source: Stewart Thomson 02/24/2026

Omineca Mining and Metals Ltd. (OMM:TSX.V; OMMSF:OTCQB) is a Canadian junior gold company with dual-track programs underway with a flagship Wingdam gold exploration and placer recovery project. It is preparing to resume bulk sample operations, where the first bulk sample in 2012 recovered 173.4 oz of placer gold from a single 2.4m wide by 2.4m high by 24m long crosscut. With solid insider ownership and bullish charts, 2026 could be a great year for stakeholders.

Omineca Mining and Metals Ltd.’s (OMM:TSX.V; OMMSF:OTCQB) goal is commercial extraction of the alluvial gold that has been trapped underneath a portion of Lightning Creek in south-central British Columbia. Gold concentrations along the deep lead channel basement are made up of native placer particles, averaging 90.9% pure (909 fineness) and are efficiently recoverable by gravity separation methods that require no crushing, milling, or leaching.

This channel could contain some of the highest unmined placer gold concentrations historically reported in all of the Cariboo Mining District… and perhaps throughout all of British Columbia.

Dual Track Programs

The company is focused on both the resumption of an underground placer gold bulk sample program and a diamond drill program focused on the discovery of the potential multiple bedrock sources of that placer gold.

The Company’s Flagship: Wingdam

This gold exploration and placer recovery project is located along the Barkerville Highway, 40 km west of Barkerville, in the Cariboo Mining District of south-central BC.

The Wingdam projects include hard-rock tenures totaling over 50,000 hectares (500 square km), and more than 15 linear kilometers of placer claims along the Lightning Creek valley.

Wingdam is part of the much larger Eureka thrust fault trend. That trend includes the 2.5mm oz Spanish Mountain mine, the Karus Gold high-grade gold discovery, and the recent Golden Cariboo project to the north.

The Eureka zone has clearly been a winner for miners.

Infrastructure

• Accessible by provincial highway.
• A 1-hour flight from Vancouver.
• A 30-minute drive to the City of Quesnel.

Mirror Image Geology

The gold mineralizing system may lie closer to the elevation of the placer gold-enriched paleochannel floor.

Experienced Leadership: President Tom MacNeill

Share Structure

Solid Insider Ownership

49 North (associated with Mr. Macneill):

• Approx 47 Million Shares

Tom Macneill:

• Approx 4.2 Million+ Shares.

Bullish Charts

As noted on the chart, for the year 2026, a new uptrend has been born, and the trading volume suggests much higher prices lie ahead.

The weekly chart is even more enticing. Note the huge bursts of volume, suggesting a movement from weak and tired hands to very strong.

The latest burst of volume is the most stunning of them all.

Also, there is a potential inverse H&S (head and shoulders) pattern… but there’s no right shoulder being formed.

This tends to occur only in very bullish situations.

This monthly chart “says it all”; MACD (20,20,10 series) has looped up to a huge buy signal, Stochastics is strong, and trading volume is outrageously bullish.

Technically, this stock looks poised to surge!

Stock price at time of writing: CA$0.10

Short-Term Technical Price Targets: CA$0.30, CA$.50

Long-Term Technical Price Target: CA$0.75

Technical Rating: Speculative Buy

Company Website: https://ominecaminingandmetals.com/.

The company’s latest investor presentation is here.

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Important Disclosures:

1. For this article, the Company has paid Street Smart, an affiliate of Streetwise Reports, US$3,550.
2. As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Omineca Mining and Metals Ltd.
3. Author Certification and Compensation: Stewart Thomson was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Thomson is a retired Canadian financial advisor who has passed the Canadian Securities Course as well as additional technical analysis courses that were mandated by his former employer and approved by Ontario regulatory bodies. For the past 15 years, he has been editing and writing numerous financial newsletters that have a strong focus on charts. The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed.
4. Statements and opinions expressed are the opinions of the author and not of Streetwise Reports, Street Smart, or their officers. The author is wholly responsible for the accuracy of the statements. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Any disclosures from the author can be found below. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy.
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( Companies Mentioned: OMM:TSX.V; OMMSF:OTCQB, )

Source: https://www.streetwisereports.com/article/2026/02/24/eureka-thrust-in-the-cariboo-insider-ownership-massive-trading-volume-big-chart-buy-targets.html