Omineca says Wingdam contractor D&L Mining files for bankruptcy, disrupting joint venture operations
Bitget2026/10/13 19:45- Omineca Mining and Metals received notice that Wingdam contractor and joint-venture partner D&L Mining filed for bankruptcy on Oct. 9.
- Bankruptcy could disrupt a restart of Wingdam underground paleoplacer gold operations; Omineca expects a defined transition timeline.
- As operator, Omineca holds a right of first refusal on any transfer of D&L’s Wingdam interest; multiple parties expressed acquisition interest.
- Concurrent non-brokered private placements targeting about $1.3 million gross proceeds expected to close soon, subject to TSXV acceptance.
- Proceeds earmarked for the Wingdam lode gold project, not the placer project; other projects unaffected.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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