Located along the prolific Kirkland Lake / Cadillac–Larder Lake Break, Omega hosts a shallow, high-grade gold resource last defined in 2013 at a conservative ~US$1,200/oz gold price. The project has a strong production history, with 217,500 ounces mined at 5.4 g/t gold, and benefits from excellent infrastructure including highway access, grid power, and an existing tailings facility. With more than 30,000 metres of historical drilling in the database, Omega is a well-advanced gold asset strategically situated beside Agnico Eagle’s Upper Beaver, Pan American Silver’s Larder, and the historic Kerr Addison deposit.
Omega is well-positioned for its next phase of growth. With the potential to approach 1 million ounces without drilling another hole, the Company plans to update the Mineral Resource Estimate under a more conservative US$4,000/oz gold price environment, unlocking immediate ounces through model refinement. Targeted drilling will focus on high-grade zones beneath the existing resource and the Southwest Zone, where historical intersections suggest strong grade continuity at depth. The Company also intends to drill-test the Omega tailings, following the same successful approach used at McGarry, to assess tonnage, grade, and metallurgical recoveries as a potential near-surface, low-cost resource addition. Omega currently hosts 219.8 koz at 1.39 g/t Au (M&I) and 365.4 koz at 2.43 g/t Au (Inferred), providing a strong foundation for meaningful resource expansion.