Omnia Metals : Geophysics Contractor Secured for Ord Basin Project

ASX RELEASE | 23 MAY 2022 | ASX:OM1

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Geophysics Contractor Secured for Ord Basin Project

HIGHLIGHTS

• XCalibur Multiphysics engaged to complete an extensive gravity survey over the Negri Fault corridor.
• The gravity survey will target intrusive bodies for follow up electromagnetic surveys and drill testing.
• Recent field trip identified mafic intrusive rocks, interpreted to be prospective for nickel sulphide ore bodies and further outcropping copper mineralisation.
• Omnia continues to engage the traditional landowners and various stakeholders in preparation for aggressive exploration in 2H-2022.

Omnia Metals Group Ltd ("Omnia" or "Company") is pleased to provide an update on activities at its 100% owned Ord Basin Project (the "Project"), located 140km south of Kununurra. XCalibur Multiphysics ("XCalibur") have been engaged to complete a 2,316-line kilometre aerial gravity survey over the Negri Fault corridor with survey works expected to begin early-July. Further mapping and sampling during a recently completed field trip has identified mafic intrusive rock types, interpreted to be prospective for nickel sulphide ore bodies, and further areas of outcropping copper mineralisation.

XCalibur will complete an airborne gravity survey using the FalconPlus Airborne Gravity Gradiometer (AGG) survey system. High-resolution FalconPlus AGG gravity data will map the extents of targeted intrusive bodies in addition to providing information on the structural and lithological framework of the project area. The survey will consist of 2,316-line kilometres to be flown on 400m traverse spacing, along a 090˚-270˚(E-W) traverse line direction (Figure 1). The gravity survey will be the first of its kind to have been flown over the Ord Basin Project and will be used to target follow-up electromagnetic surveys and diamond drilling.

Additional, helicopter assisted, reconnaissance sampling was conducted during a recent site visit with mafic intrusive rocks mapped at multiple locations through The Junction exploration area and further surficial copper mineralisation observed in the Caves region (Figure 2).

Omnia Metals' Executive Director, James Warren, commented:

"We have developed an exploration strategy that will give us the best chance of success in the shortest possible timeframe. This involves utilising high-quality, direct geophysical survey techniques to identify targets which will be followed up with drilling.

"With every site trip our confidence in the prospectivity of the project increases and we look forward to being able to generate and test genuine greenfields targets in the upcoming exploration programs.

"Our objective is to explore for Tier-1 orebodies and the initial reconnaissance and targeting work suggests the Negri Fault corridor has the right structural and tectonic ingredients to host major nickel sulphide and stratigraphic copper systems. This is a new frontier in exploration, and we will use the most modern techniques to unlock the potential of the Ord Basin Project."

OMNIA METALS GROUP LTD	ACN: 648 187 651
22 Townshend Road, SUBIACO, WA, AUSTRALIA, 6008	www.omniametals.com.au

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Figure 1: Ord Basin Project Exploration Targets

OMNIA METALS GROUP LTD	ACN: 648 187 651
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Figure 2: Clockwise from top - Omnia Chairman Mark Connelly and Executive Director James Warren onsite at the Ord Basin Project, Outcropping copper-rich gossan found along the Negri Fault corridor, Outcropping doleritic rocks observed at key targets within the Junction area.

OMNIA METALS GROUP LTD	ACN: 648 187 651
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22 Townshend Road, SUBIACO, WA, AUSTRALIA, 6008	www.omniametals.com.au

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The three most crucial factors for the formation of large and super-large magmatic sulfide deposits are: (1) a large volume of mantle-derivedmafic-ultramafic magmas that participated in the formation of the deposits; (2) fractional crystallization and crustal contamination, particularly the input of sulfur from crustal rocks, resulting in sulfide immiscibility and segregation; and (3) the timing of sulfide concentration in the intrusion. The super-large magmatic Ni-Cu sulphide deposits around the world have been found in small mafic-ultramafic intrusions. Studies in the past decade indicated that the intrusions hosting large and super-large magmatic sulfide deposits occur in magma conduits, focussed along deep regional faults that provide a perfect environment for extensive concentration of sulphide melts (Song et al. 2011).

The identification of mantle derived mafic-ultramafic rocks at the Ord Basin Project highlights the Negri Fault corridor as a major, mantle tapping structure and a potential magma conduit for the formation of Ni-Cu-(PGE) sulphide mineral systems. Further investigation of AusEM electromagnetic data over the Junction district shows a zone of structural complexity with a number of large conductive EM anomalies from 50 - 450m depth (Figure 3). Inflections in the AusEM profiles highlight structures which are coincident with mapped mafic-ultramafic rocks at surface. Detailed gravity and EM data acquisition is required to better understand these anomalies which will be targeted in upcoming drill programs.

Figure 3. AusEM line 5001002 completed over the Junction area.

Figure 4: AusEM line 5004002 completed over the Caves area.

OMNIA METALS GROUP LTD	ACN: 648 187 651
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22 Townshend Road, SUBIACO, WA, AUSTRALIA, 6008	www.omniametals.com.au

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About the Ord Basin Project

The Ord Basin Project comprises a 1,305 km2 tenement package located ~ 140 km south of Kununurra. Access is via the unsealed Duncan Road and to the west, the Great Northern Highway is a major arterial road that services numerous mining operations in the Kimberley region.

The Ord Basin Project is situated in a rapidly emerging district prospective for Michigan-style stratigraphic copper and Norilsk-style nickel copper-PGE mineral systems.

At the Caves Prospect, historical mapping and sampling completed in 1969 identified outcropping mineralisation over an area of approximately 90m x 180m before dipping under cover.

References

Song, X., Wang, Y. & Chen, L. 2011: Magmatic Ni-Cu-(PGE) deposits in magma plumbing systems: Features, formation and exploration. Geoscience Frontiers 2 (3) 375-384

Competent Persons Statement

The information in this report which relates to Exploration Results is based on information compiled by Dr. James Warren, a Competent Person who is a member of the Australian Institute of Geoscientists. Dr. Warren is the Managing Director of Omnia Metals Group Ltd. Dr. Warren has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the "Australian Code of Reporting of Exploration Results, Mineral Resources and Ore Reserves". Dr. Warren consents to the inclusion in this report of the matters based on the information in the form and context in which it appears.

Forward Looking Statements

Statements contained in this release, particularly those regarding possible or assumed future performance, costs, dividends, production levels or rates, prices, resources, reserves or potential growth of Marquee Resources Limited, are, or may be, forward looking statements. Such statements relate to future events and expectations and, as such, involve known and unknown risks and uncertainties. Actual results and developments may differ materially from those expressed or implied by these forward-looking statements depending on a variety of factors.

- END -

This announcement is approved for release by the Board of Omnia Metals Group

For further information please contact:
James Warren	Amalie Schreurs
Managing Director	White Noise Communications
[e-mail]	T: [phone]
	[e-mail]

OMNIA METALS GROUP LTD	ACN: 648 187 651
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22 Townshend Road, SUBIACO, WA, AUSTRALIA, 6008	www.omniametals.com.au