ASX RELEASE | 30th MARCH 2022 | ASX:OM1

HIGH GRADE ROCK CHIP SAMPLES AT ORD BASIN PROJECT

  • High-grade rock chip results from the Caves Prospect at the Ord Basin Project include:

    • o 10.1% Cu & 29g/t Ag (OMRK01)

    • o 10.3% Cu & 29g/t Ag (OMRK02) and

    • o 9.9% Cu & 22g/t Ag (OMRK03)

  • Results validate historical data collected in 1969 that has never been followed up.

  • Additional reconnaissance mapping and sampling recently completed, with further areas of surficial copper mineralisation and prospective rock types observed.

  • Aggressive exploration program to commence imminently to delineate priority drill targets.

Omnia Metals Group Ltd ("Omnia" or "Company") is pleased to announce highly encouraging assay results from initial reconnaissance fieldwork at its Ord Basin Project (the "Project"), located 140km south of Kununurra.

The samples returned six results of elevated (>350ppm) copper values, with high grade results of 10.1% Cu & 29 g/t Ag (OMRK01), 10.3% Cu & 29 g/t Ag (OMRK02) and 9.9% Cu & 22 g/t Ag (OMRK03) returned.

Omnia Metals' Executive Director, James Warren, commented:

"It is exciting to validate the presence of high-grade copper mineralisation at the Caves Prospect. The last exploration program completed at Caves was in 1969, so to physically go out and observe abundant copper-stained rocks, that carry good grades and have never been followed up is an encouraging sign of things to come.

"Following the successful listing of Omnia, we have been in the field visiting all the key target areas we identified during desktop studies to refine our exploration strategy for the year ahead.

"We are encouraged by the presence of surficial copper at many localities and we have mapped mafic-ultramafic intrusive rock types at the Junction Prospect, which we believe are prospective for Norilsk style Ni-PGE-Cu mineralisation.

"The Ord Basin Project is an exciting area that has remained dormant and we plan to aggressively explore for Tier 1 orebodies through the use of modern technologies over the coming months."

During an initial site visit conducted in October 2021, eight rock chip samples were collected from the Caves Prospect (Figure 1) to validate surficial copper data that was reported by Metals Exploration NL in 1969.

The samples were collected from the outcropping contact between the underlying Antrim Plateau Volcanics ("APV") and the overlying Headleys Limestone, a key geological contact for stratabound copper mineralisation in the region.

At the Caves Prospect, the contact between the APV and Headleys Limestone outcrops over an area of approximately 90m x 180m before dipping undercover. Abundant malachite mineralisation,

OMNIA METALS GROUP LTD

ACN: 648 187 651

22 Townshend Road, SUBIACO, WA, AUSTRALIA, 6008

www.omniametals.com.au

associated with high-grade Cu-Ag mineralisation, is observed to be associated with dark grey to black brecciated or fragmental sideritic masses, which directly overlie the top basalt of the APV, and mineralised agglomerate or amygdaloidal flow tops of the APV (Figure 2).

Figure 1. Location of reconnaissance rock chip samples from the Caves Prospect

Figure 2. Outcrop photos from the Caves Prospect highlighting surficial malachite mineralisation. A) Brecciated mineralisation overlying the top of the APV. B) Mineralised amygdaloidal flow top of the APV. C) & D) Copper stained, sub-cropping rocks observed in the Caves Prospect area.

The Company recently completed additional, helicopter assisted, reconnaissance mapping and sampling over the remainder of the key target areas of the Ord Basin Project (Figure 1) with samples enroute to the laboratory for full suite multi-element analysis and results expected in 4-6 weeks.

The next stage of exploration at the Ord Basin Project will comprise aerial magnetic, gravity and electromagnetic ("EM") surveys, geological mapping and methodical surface geochemistry. The initial work programs will be followed by ground-based EM surveys and a maiden drilling campaign in H2 2022.

Table 1: Caves Prospect rock chip results. Coordinates in GDA94 Zone 52

Sample ID

Easting

Northing

Ag (ppm)

Co (ppm)

Cu (ppm)

Ni (ppm)

Pb (ppm)

Zn (ppm)

Au (ppb)

OMRK001

526832

8062523

29

13.8

103400

8.6

104

28.8

4.1

OMRK002

526821

8062535

29

13.8

103400

8.6

104

28.8

4.1

OMRK003

526833

8062509

22

5.5

99050

3

67

2.7

4.1

OMRK004

526823

8062468

0.25

5.2

935.4

7.8

22.4

51.3

2.6

OMRK005

526892

8062418

0.53

3.2

537.4

4.1

81.9

89.4

8.2

OMRK006

526872

8062521

0.06

38

354.7

23.2

7.9

41.4

3.2

OMRK007

526968

8062143

0.13

2.6

47.4

4.1

31.2

26

2.3

OMRK008

526905

8062110

-0.01

5.4

35.8

6.2

13.7

28

2.7

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.

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 Chief Technical Officer of Marquee Resources Limited. 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.

- 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

james@omniametals.com.au

T: +61 431 636 033

amalie@whitenoisecomms.com

OMNIA METALS GROUP LTD

ACN: 648 187 651

www.omniametals.com.au

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Omnia Metals Group Ltd. published this content on 30 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 March 2022 02:04:06 UTC.